GLARUS DECO GROUP: 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.
GLARUS DECO GROUP
Largest movements
- Receivables within one year +€4,793
up €4,793 (+11.4%), from €42,174 to €46,967
of which Other amounts receivable: +€7,208
- Cash -€1,320
down €1,320 (-6.6%), from €20,118 to €18,798
mainly Receivables within one year (-€4,793) and Tax, wage and social debts (-€4,573)
- Deferred charges and accrued income +€1,294
up €1,294 (+3,072%), from €42 to €1,336
- Tangible fixed assets -€1,109
no longer reported in 2025 (was €1,109)
- Reserves +€7,446
up €7,446 (+17.1%), from €43,560 to €51,007
- Tax, wage and social debts -€4,573
down €4,573 (-39.4%), from €11,600 to €7,027
of which Taxes: -€8,828
- Trade debts +€785
up €785 (+91.0%), from €862 to €1,647
- Gross operating margin +€31,677
up €31,677 (+432%), from €7,338 to €39,014
- Staff costs +€27,685
new in 2025: €27,685
- Taxes +€1,180
up €1,180 (+65.7%), from €1,796 to €2,976
- Financial charges +€587
up €587 (+383%), from €153 to €740
- Financial income +€550
up €550 (+61.1%), from €900 to €1,450
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 | €63,443 | €67,101 | +€3,658 | +5.8% |
| Fixed assets | 21/28 | €1,109 | - | -€1,109 | |
| Tangible fixed assets | 22/27 | €1,109 | - | -€1,109 | |
| Furniture and vehicles | 24 | €1,109 | - | -€1,109 | |
| Current assets | 29/58 | €62,334 | €67,101 | +€4,767 | +7.6% |
| Amounts receivable within one year | 40/41 | €42,174 | €46,967 | +€4,793 | +11.4% |
| Trade receivables | 40 | €20,415 | €18,000 | -€2,415 | -11.8% |
| Other amounts receivable | 41 | €21,759 | €28,967 | +€7,208 | +33.1% |
| Cash at bank and in hand | 54/58 | €20,118 | €18,798 | -€1,320 | -6.6% |
| Deferred charges and accrued income | 490/1 | €42 | €1,336 | +€1,294 | +3,072% |
| Total equity and liabilities | 10/49 | €63,443 | €67,101 | +€3,658 | +5.8% |
| Equity | 10/15 | €50,560 | €58,007 | +€7,446 | +14.7% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €43,560 | €51,007 | +€7,446 | +17.1% |
| Distributable reserves | 133 | €43,560 | €51,007 | +€7,446 | +17.1% |
| Amounts payable | 17/49 | €12,882 | €9,094 | -€3,788 | -29.4% |
| Amounts payable within one year | 42/48 | €12,882 | €9,094 | -€3,788 | -29.4% |
| Trade debts | 44 | €862 | €1,647 | +€785 | +91.0% |
| Suppliers | 440/4 | €862 | €1,647 | +€785 | +91.0% |
| Taxes, remuneration and social security | 45 | €11,600 | €7,027 | -€4,573 | -39.4% |
| Taxes | 450/3 | €11,600 | €2,772 | -€8,828 | -76.1% |
| Remuneration and social security | 454/9 | - | €4,256 | +€4,256 | |
| Other amounts payable | 47/48 | €420 | €420 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €27,685 | +€27,685 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,374 | €1,109 | -€265 | -19.3% |
| Other operating charges | 640/8 | €252 | €508 | +€256 | +102% |
| Gross operating margin | 9900 | €7,338 | €39,014 | +€31,677 | +432% |
| Operating profit (loss) | 9901 | €5,712 | €9,712 | +€4,001 | +70.0% |
| Financial income | 75/76B | €900 | €1,450 | +€550 | +61.1% |
| Recurring financial income | 75 | €900 | €1,450 | +€550 | +61.1% |
| Financial charges | 65/66B | €153 | €740 | +€587 | +383% |
| Recurring financial charges | 65 | €153 | €740 | +€587 | +383% |
| Profit (loss) for the period before taxes | 9903 | €6,458 | €10,422 | +€3,964 | +61.4% |
| Income taxes | 67/77 | €1,796 | €2,976 | +€1,180 | +65.7% |
| Profit (loss) for the period | 9904 | €4,663 | €7,446 | +€2,784 | +59.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,663 | €7,446 | +€2,784 | +59.7% |
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 13 October 2026 via checked.be.