GLAM SALOON: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
GLAM SALOON
Largest movements
- Cash +€13,131
up €13,131 (+858%), from €1,530 to €14,661
mainly Net result for the year (+€12,115) and Contributions, distributions and other (+€10,000)
- Receivables within one year +€11,328
new in 2024: €11,328
- Tangible fixed assets -€413
down €413 (-50.0%), from €826 to €413
- Profit (loss) carried forward +€11,618
up €11,618, from -€2,174 to €9,444
- Contributions +€10,000
up €10,000, from €0 to €10,000
of which Contributions outside capital: +€10,000
- Tax, wage and social debts +€2,328
up €2,328 (+51.7%), from €4,499 to €6,826
of which Taxes: +€2,795
- Reserves +€497
new in 2024: €497
- Trade debts -€397
no longer reported in 2024 (was €397)
- Turnover +€12,888
up €12,888 (+51.2%), from €25,149 to €38,037
- Gross operating margin +€11,024
up €11,024 (+233%), from €4,725 to €15,749
- Staff costs -€3,162
down €3,162 (-55.4%), from €5,709 to €2,547
- Purchases and services +€1,864
up €1,864 (+9.1%), from €20,424 to €22,289
- Depreciation -€718
down €718 (-63.5%), from €1,131 to €413
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,721 | €26,768 | +€24,046 | +884% |
| Fixed assets | 21/28 | €1,191 | €778 | -€413 | -34.7% |
| Tangible fixed assets | 22/27 | €826 | €413 | -€413 | -50.0% |
| Furniture and vehicles | 24 | €826 | €413 | -€413 | -50.0% |
| Financial fixed assets | 28 | €365 | €365 | = | 0.0% |
| Current assets | 29/58 | €1,530 | €25,989 | +€24,460 | +1,599% |
| Amounts receivable within one year | 40/41 | - | €11,328 | +€11,328 | |
| Other amounts receivable | 41 | - | €11,328 | +€11,328 | |
| Cash at bank and in hand | 54/58 | €1,530 | €14,661 | +€13,131 | +858% |
| Total equity and liabilities | 10/49 | €2,721 | €26,768 | +€24,046 | +884% |
| Equity | 10/15 | -€2,174 | €19,941 | +€22,115 | |
| Contributions | 10/11 | €0 | €10,000 | +€10,000 | |
| Capital | 10 | €0 | - | = | |
| Issued capital | 100 | €10,000 | - | -€10,000 | |
| Uncalled capital | 101 | €10,000 | - | -€10,000 | |
| Contributions outside capital | 11 | - | €10,000 | +€10,000 | |
| Other | 1109/19 | - | €10,000 | +€10,000 | |
| Reserves | 13 | - | €497 | +€497 | |
| Non-distributable reserves | 130/1 | - | €497 | +€497 | |
| Legal reserve | 130 | - | €497 | +€497 | |
| Profit (loss) carried forward | 14 | -€2,174 | €9,444 | +€11,618 | |
| Amounts payable | 17/49 | €4,895 | €6,826 | +€1,931 | +39.4% |
| Amounts payable within one year | 42/48 | €4,895 | €6,826 | +€1,931 | +39.4% |
| Trade debts | 44 | €397 | - | -€397 | |
| Suppliers | 440/4 | €397 | - | -€397 | |
| Taxes, remuneration and social security | 45 | €4,499 | €6,826 | +€2,328 | +51.7% |
| Taxes | 450/3 | €4,031 | €6,826 | +€2,795 | +69.3% |
| Remuneration and social security | 454/9 | €468 | - | -€468 | |
| Turnover | 70 | €25,149 | €38,037 | +€12,888 | +51.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €20,424 | €22,289 | +€1,864 | +9.1% |
| Remuneration, social security and pensions | 62 | €5,709 | €2,547 | -€3,162 | -55.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,131 | €413 | -€718 | -63.5% |
| Other operating charges | 640/8 | - | €501 | +€501 | |
| Non-recurring operating charges | 66A | - | €50 | +€50 | |
| Gross operating margin | 9900 | €4,725 | €15,749 | +€11,024 | +233% |
| Operating profit (loss) | 9901 | -€2,115 | €12,237 | +€14,353 | |
| Financial charges | 65/66B | €59 | €122 | +€63 | +107% |
| Recurring financial charges | 65 | €59 | €122 | +€63 | +107% |
| Profit (loss) for the period before taxes | 9903 | -€2,174 | €12,115 | +€14,289 | |
| Profit (loss) for the period | 9904 | -€2,174 | €12,115 | +€14,289 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,174 | €12,115 | +€14,289 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.