GLANS: what changed
Two fiscal 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.
GLANS
Largest movements
- Cash -€22,228
down €22,228 (-32.3%), from €68,891 to €46,663
mainly Net result for the year (-€12,922) and Tax, wage and social debts (-€8,672)
- Receivables within one year +€7,016
up €7,016 (+375.9%), from €1,867 to €8,883
of which Trade receivables: +€7,187
- Deferred charges and accrued income +€839
new in 2025: €839
- Profit (loss) carried forward -€12,922
down €12,922 (-39.2%), from €32,993 to €20,070
- Trade debts +€10,398
up €10,398 (+236.4%), from €4,399 to €14,796
- Tax, wage and social debts -€8,672
down €8,672 (-97.7%), from €8,872 to €200
- Current portion of long-term debt -€3,486
no longer reported in 2025 (was €3,486)
- Gross operating margin -€55,553
down €55,553, from €44,590 to -€10,963
- Taxes -€8,672
down €8,672 (-97.7%), from €8,872 to €200
- Financial charges -€772
down €772 (-44.4%), from €1,736 to €965
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.
Cash bridge derived
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 | €71,327 | €56,675 | -€14,652 | -20.5% |
| Fixed assets | 21/28 | €570 | €290 | -€280 | -49.1% |
| Tangible fixed assets | 22/27 | €570 | €290 | -€280 | -49.1% |
| Furniture and vehicles | 24 | €570 | €290 | -€280 | -49.1% |
| Current assets | 29/58 | €70,757 | €56,385 | -€14,372 | -20.3% |
| Amounts receivable within one year | 40/41 | €1,867 | €8,883 | +€7,016 | +375.9% |
| Trade receivables | 40 | €1,565 | €8,752 | +€7,187 | +459.2% |
| Other amounts receivable | 41 | €302 | €131 | -€171 | -56.6% |
| Cash at bank and in hand | 54/58 | €68,891 | €46,663 | -€22,228 | -32.3% |
| Deferred charges and accrued income | 490/1 | - | €839 | +€839 | |
| Total equity and liabilities | 10/49 | €71,327 | €56,675 | -€14,652 | -20.5% |
| Equity | 10/15 | €52,993 | €40,070 | -€12,922 | -24.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,993 | €20,070 | -€12,922 | -39.2% |
| Amounts payable | 17/49 | €18,334 | €16,605 | -€1,730 | -9.4% |
| Amounts payable within one year | 42/48 | €18,334 | €16,605 | -€1,730 | -9.4% |
| Current portion of amounts payable after more than one year | 42 | €3,486 | - | -€3,486 | |
| Trade debts | 44 | €4,399 | €14,796 | +€10,398 | +236.4% |
| Suppliers | 440/4 | €4,399 | €14,796 | +€10,398 | +236.4% |
| Taxes, remuneration and social security | 45 | €8,872 | €200 | -€8,672 | -97.7% |
| Taxes | 450/3 | €8,872 | €200 | -€8,672 | -97.7% |
| Other amounts payable | 47/48 | €1,578 | €1,609 | +€31 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €269 | €280 | +€11 | +4.0% |
| Other operating charges | 640/8 | €449 | €515 | +€65 | +14.5% |
| Gross operating margin | 9900 | €44,590 | -€10,963 | -€55,553 | |
| Operating profit (loss) | 9901 | €43,872 | -€11,757 | -€55,629 | |
| Financial income | 75/76B | €73 | - | -€73 | |
| Recurring financial income | 75 | €73 | - | -€73 | |
| Financial charges | 65/66B | €1,736 | €965 | -€772 | -44.4% |
| Recurring financial charges | 65 | €1,736 | €965 | -€772 | -44.4% |
| Profit (loss) for the period before taxes | 9903 | €42,209 | -€12,722 | -€54,931 | |
| Income taxes | 67/77 | €8,872 | €200 | -€8,672 | -97.7% |
| Profit (loss) for the period | 9904 | €33,337 | -€12,922 | -€46,259 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,337 | -€12,922 | -€46,259 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.