GLAMAROME: 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.
GLAMAROME
Largest movements
- Receivables within one year +€208,038
up €208,038 (+54.5%), from €381,536 to €589,574
of which Trade receivables: +€211,533
- Cash +€109,186
up €109,186 (+135%), from €81,019 to €190,205
mainly Net result for the year (+€216,009) and Trade debts (+€109,335)
- Deferred charges and accrued income +€11,581
up €11,581 (+167%), from €6,947 to €18,528
- Profit (loss) carried forward +€216,009
up €216,009 (+16.2%), from -€1.3m to -€1.1m
- Trade debts +€109,335
up €109,335 (+63.0%), from €173,483 to €282,818
- Gross operating margin -€144,725
down €144,725 (-29.4%), from €491,873 to €347,148
- Other operating charges +€15,783
up €15,783 (+525%), from €3,009 to €18,793
- Write-downs +€15,405
new in 2025: €15,405
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €479,157 | €808,026 | +€328,869 | +68.6% |
| Fixed assets | 21/28 | €9,655 | €9,719 | +€64 | +0.7% |
| Tangible fixed assets | 22/27 | €1,655 | €2,219 | +€564 | +34.1% |
| Furniture and vehicles | 24 | €1,655 | €2,219 | +€564 | +34.1% |
| Financial fixed assets | 28 | €8,000 | €7,500 | -€500 | -6.3% |
| Current assets | 29/58 | €469,502 | €798,307 | +€328,805 | +70.0% |
| Amounts receivable within one year | 40/41 | €381,536 | €589,574 | +€208,038 | +54.5% |
| Trade receivables | 40 | €372,658 | €584,191 | +€211,533 | +56.8% |
| Other amounts receivable | 41 | €8,879 | €5,384 | -€3,495 | -39.4% |
| Cash at bank and in hand | 54/58 | €81,019 | €190,205 | +€109,186 | +135% |
| Deferred charges and accrued income | 490/1 | €6,947 | €18,528 | +€11,581 | +167% |
| Total equity and liabilities | 10/49 | €479,157 | €808,026 | +€328,869 | +68.6% |
| Equity | 10/15 | -€649,061 | -€433,051 | +€216,009 | +33.3% |
| Contributions | 10/11 | €687,500 | €687,500 | = | 0.0% |
| Capital | 10 | €687,500 | €687,500 | = | 0.0% |
| Issued capital | 100 | €687,500 | €687,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,336,561 | -€1,120,551 | +€216,009 | +16.2% |
| Amounts payable | 17/49 | €1,128,218 | €1,241,077 | +€112,860 | +10.0% |
| Amounts payable after more than one year | 17 | €924,500 | €924,500 | = | 0.0% |
| Financial debts | 170/4 | €124,500 | €124,500 | = | 0.0% |
| Trade debts | 175 | €800,000 | €800,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €203,718 | €316,577 | +€112,860 | +55.4% |
| Trade debts | 44 | €173,483 | €282,818 | +€109,335 | +63.0% |
| Suppliers | 440/4 | €173,483 | €282,818 | +€109,335 | +63.0% |
| Taxes, remuneration and social security | 45 | €13,402 | €13,200 | -€203 | -1.5% |
| Taxes | 450/3 | €2,116 | €1,597 | -€518 | -24.5% |
| Remuneration and social security | 454/9 | €11,287 | €11,602 | +€315 | +2.8% |
| Other amounts payable | 47/48 | €16,833 | €20,560 | +€3,727 | +22.1% |
| Remuneration, social security and pensions | 62 | €85,983 | €88,623 | +€2,640 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €551 | €633 | +€82 | +14.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €15,405 | +€15,405 | |
| Other operating charges | 640/8 | €3,009 | €18,793 | +€15,783 | +525% |
| Gross operating margin | 9900 | €491,873 | €347,148 | -€144,725 | -29.4% |
| Operating profit (loss) | 9901 | €402,330 | €223,694 | -€178,635 | -44.4% |
| Financial income | 75/76B | €1 | €1,120 | +€1,119 | +189,646% |
| Recurring financial income | 75 | €1 | €1,120 | +€1,119 | +189,646% |
| Financial charges | 65/66B | €9,338 | €8,805 | -€533 | -5.7% |
| Recurring financial charges | 65 | €9,338 | €8,805 | -€533 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €392,992 | €216,009 | -€176,983 | -45.0% |
| Profit (loss) for the period | 9904 | €392,992 | €216,009 | -€176,983 | -45.0% |
| Profit (loss) for the period to be appropriated | 9905 | €392,992 | €216,009 | -€176,983 | -45.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.