Glansrijk: 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.
Glansrijk
Largest movements
- Cash -€12,613
down €12,613 (-20.4%), from €61,742 to €49,129
mainly Deferred charges and accrued income (-€11,255) and Investment in fixed assets (net) (-€3,400)
- Deferred charges and accrued income +€11,255
new in 2025: €11,255
- Receivables within one year -€5,792
down €5,792 (-20.7%), from €27,971 to €22,180
of which Trade receivables: -€16,685
- Tangible fixed assets +€1,856
up €1,856 (+37.5%), from €4,944 to €6,800
of which Plant, machinery and equipment: +€2,433
- Stocks and contracts +€1,500
new in 2025: €1,500
- Trade debts -€3,302
down €3,302 (-31.8%), from €10,394 to €7,092
- Other debts -€2,164
no longer reported in 2025 (was €2,164)
- Profit (loss) carried forward +€1,336
up €1,336 (+2.3%), from €57,957 to €59,293
- Gross operating margin -€66,202
down €66,202 (-90.0%), from €73,557 to €7,355
- Taxes -€12,026
down €12,026 (-87.4%), from €13,752 to €1,726
- Financial charges -€1,557
down €1,557 (-74.5%), from €2,090 to €533
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 | €94,657 | €90,864 | -€3,794 | -4.0% |
| Fixed assets | 21/28 | €4,944 | €6,800 | +€1,856 | +37.5% |
| Tangible fixed assets | 22/27 | €4,944 | €6,800 | +€1,856 | +37.5% |
| Plant, machinery and equipment | 23 | €2,388 | €4,821 | +€2,433 | +102% |
| Furniture and vehicles | 24 | €2,556 | €1,979 | -€577 | -22.6% |
| Current assets | 29/58 | €89,714 | €84,064 | -€5,650 | -6.3% |
| Stocks and contracts in progress | 3 | - | €1,500 | +€1,500 | |
| Stocks | 30/36 | - | €1,500 | +€1,500 | |
| Amounts receivable within one year | 40/41 | €27,971 | €22,180 | -€5,792 | -20.7% |
| Trade receivables | 40 | €27,038 | €10,353 | -€16,685 | -61.7% |
| Other amounts receivable | 41 | €933 | €11,826 | +€10,893 | +1,168% |
| Cash at bank and in hand | 54/58 | €61,742 | €49,129 | -€12,613 | -20.4% |
| Deferred charges and accrued income | 490/1 | - | €11,255 | +€11,255 | |
| Total equity and liabilities | 10/49 | €94,657 | €90,864 | -€3,794 | -4.0% |
| Equity | 10/15 | €65,457 | €66,793 | +€1,336 | +2.0% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,957 | €59,293 | +€1,336 | +2.3% |
| Amounts payable | 17/49 | €29,200 | €24,071 | -€5,129 | -17.6% |
| Amounts payable within one year | 42/48 | €28,977 | €24,071 | -€4,906 | -16.9% |
| Trade debts | 44 | €10,394 | €7,092 | -€3,302 | -31.8% |
| Suppliers | 440/4 | €10,394 | €7,092 | -€3,302 | -31.8% |
| Taxes, remuneration and social security | 45 | €16,419 | €16,979 | +€560 | +3.4% |
| Taxes | 450/3 | €16,419 | €16,979 | +€560 | +3.4% |
| Other amounts payable | 47/48 | €2,164 | - | -€2,164 | |
| Accrued charges and deferred income | 492/3 | €223 | - | -€223 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,213 | €1,544 | +€331 | +27.3% |
| Other operating charges | 640/8 | €2,837 | €2,476 | -€361 | -12.7% |
| Gross operating margin | 9900 | €73,557 | €7,355 | -€66,202 | -90.0% |
| Operating profit (loss) | 9901 | €69,507 | €3,336 | -€66,172 | -95.2% |
| Financial income | 75/76B | €0 | €259 | +€259 | +647,950% |
| Recurring financial income | 75 | €0 | €259 | +€259 | +647,950% |
| Financial charges | 65/66B | €2,090 | €533 | -€1,557 | -74.5% |
| Recurring financial charges | 65 | €2,090 | €533 | -€1,557 | -74.5% |
| Profit (loss) for the period before taxes | 9903 | €67,417 | €3,062 | -€64,355 | -95.5% |
| Income taxes | 67/77 | €13,752 | €1,726 | -€12,026 | -87.4% |
| Profit (loss) for the period | 9904 | €53,665 | €1,336 | -€52,330 | -97.5% |
| Profit (loss) for the period to be appropriated | 9905 | €53,665 | €1,336 | -€52,330 | -97.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.