GLANS & LUISTER: 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.
GLANS & LUISTER
Largest movements
- Receivables within one year -€14,162
down €14,162 (-45.0%), from €31,453 to €17,291
of which Trade receivables: -€9,891
- Deferred charges and accrued income -€2,945
down €2,945 (-64.0%), from €4,603 to €1,658
- Cash -€888
down €888 (-10.1%), from €8,775 to €7,886
mainly Trade debts (-€15,098) and Tax, wage and social debts (-€4,859)
- Tangible fixed assets -€757
down €757 (-18.7%), from €4,057 to €3,300
of which Furniture and vehicles: -€671
- Trade debts -€15,098
down €15,098 (-88.3%), from €17,091 to €1,993
- Tax, wage and social debts -€4,859
down €4,859 (-61.6%), from €7,881 to €3,023
of which Taxes: -€2,981
- Profit (loss) carried forward +€1,204
up €1,204 (+27.3%), from -€4,419 to -€3,214
- Gross operating margin -€20,871
down €20,871 (-86.2%), from €24,216 to €3,345
- Taxes -€2,284
down €2,284 (-80.3%), from €2,844 to €560
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 | €48,888 | €30,136 | -€18,752 | -38.4% |
| Fixed assets | 21/28 | €4,057 | €3,300 | -€757 | -18.7% |
| Tangible fixed assets | 22/27 | €4,057 | €3,300 | -€757 | -18.7% |
| Plant, machinery and equipment | 23 | €214 | €127 | -€86 | -40.4% |
| Furniture and vehicles | 24 | €844 | €173 | -€671 | -79.5% |
| Other tangible fixed assets | 26 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €44,831 | €26,835 | -€17,995 | -40.1% |
| Amounts receivable within one year | 40/41 | €31,453 | €17,291 | -€14,162 | -45.0% |
| Trade receivables | 40 | €20,459 | €10,568 | -€9,891 | -48.3% |
| Other amounts receivable | 41 | €10,994 | €6,723 | -€4,271 | -38.8% |
| Cash at bank and in hand | 54/58 | €8,775 | €7,886 | -€888 | -10.1% |
| Deferred charges and accrued income | 490/1 | €4,603 | €1,658 | -€2,945 | -64.0% |
| Total equity and liabilities | 10/49 | €48,888 | €30,136 | -€18,752 | -38.4% |
| Equity | 10/15 | €22,126 | €23,331 | +€1,204 | +5.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,945 | €7,945 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,265 | €2,265 | = | 0.0% |
| Distributable reserves | 133 | €5,680 | €5,680 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,419 | -€3,214 | +€1,204 | +27.3% |
| Amounts payable | 17/49 | €26,762 | €6,805 | -€19,957 | -74.6% |
| Amounts payable within one year | 42/48 | €26,762 | €6,805 | -€19,957 | -74.6% |
| Trade debts | 44 | €17,091 | €1,993 | -€15,098 | -88.3% |
| Suppliers | 440/4 | €17,091 | €1,993 | -€15,098 | -88.3% |
| Advances received on contracts in progress | 46 | €1,789 | €1,789 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €7,881 | €3,023 | -€4,859 | -61.6% |
| Taxes | 450/3 | €6,004 | €3,023 | -€2,981 | -49.7% |
| Remuneration and social security | 454/9 | €1,877 | - | -€1,877 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €817 | €757 | -€60 | -7.4% |
| Other operating charges | 640/8 | €602 | €611 | +€8 | +1.4% |
| Gross operating margin | 9900 | €24,216 | €3,345 | -€20,871 | -86.2% |
| Operating profit (loss) | 9901 | €22,796 | €1,977 | -€20,819 | -91.3% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €100 | €217 | +€117 | +117% |
| Recurring financial charges | 65 | €100 | €117 | +€17 | +17.0% |
| Non-recurring financial charges | 66B | - | €100 | +€100 | |
| Profit (loss) for the period before taxes | 9903 | €22,697 | €1,765 | -€20,932 | -92.2% |
| Income taxes | 67/77 | €2,844 | €560 | -€2,284 | -80.3% |
| Profit (loss) for the period | 9904 | €19,852 | €1,204 | -€18,648 | -93.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,852 | €1,204 | -€18,648 | -93.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.