Glasboy: 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.
Glasboy
Largest movements
- Deferred charges and accrued income -€55,435
no longer reported in 2025 (was €55,435)
- Receivables within one year +€6,498
up €6,498 (+3.3%), from €198,423 to €204,921
of which Other amounts receivable: +€23,520
- Cash -€4,859
down €4,859 (-39.1%), from €12,441 to €7,582
mainly Other debts (-€43,460) and Tax, wage and social debts (-€43,329)
- Other debts -€43,460
down €43,460 (-20.9%), from €207,697 to €164,237
- Tax, wage and social debts -€43,329
down €43,329 (-89.3%), from €48,499 to €5,170
- Profit (loss) carried forward +€17,079
up €17,079 (+11.7%), from €146,520 to €163,599
- Trade debts +€15,915
up €15,915 (+18701.4%), from €85 to €16,000
- Financial income -€49,728
down €49,728 (-89.7%), from €55,435 to €5,707
- Gross operating margin -€19,839
down €19,839 (-54.3%), from €36,520 to €16,681
- Other operating charges -€6,605
down €6,605 (-94.9%), from €6,963 to €358
- Taxes -€3,444
down €3,444 (-44.6%), from €7,714 to €4,270
- Financial charges -€3,336
down €3,336 (-83.0%), from €4,017 to €681
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 | €404,801 | €351,006 | -€53,795 | -13.3% |
| Fixed assets | 21/28 | €138,503 | €138,503 | = | 0.0% |
| Financial fixed assets | 28 | €138,503 | €138,503 | = | 0.0% |
| Current assets | 29/58 | €266,298 | €212,503 | -€53,795 | -20.2% |
| Amounts receivable within one year | 40/41 | €198,423 | €204,921 | +€6,498 | +3.3% |
| Trade receivables | 40 | €17,022 | - | -€17,022 | |
| Other amounts receivable | 41 | €181,401 | €204,921 | +€23,520 | +13.0% |
| Cash at bank and in hand | 54/58 | €12,441 | €7,582 | -€4,859 | -39.1% |
| Deferred charges and accrued income | 490/1 | €55,435 | - | -€55,435 | |
| Total equity and liabilities | 10/49 | €404,801 | €351,006 | -€53,795 | -13.3% |
| Equity | 10/15 | €148,520 | €165,599 | +€17,079 | +11.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €146,520 | €163,599 | +€17,079 | +11.7% |
| Amounts payable | 17/49 | €256,281 | €185,407 | -€70,874 | -27.7% |
| Amounts payable within one year | 42/48 | €256,281 | €185,407 | -€70,874 | -27.7% |
| Trade debts | 44 | €85 | €16,000 | +€15,915 | +18701.4% |
| Suppliers | 440/4 | €85 | €16,000 | +€15,915 | +18701.4% |
| Taxes, remuneration and social security | 45 | €48,499 | €5,170 | -€43,329 | -89.3% |
| Taxes | 450/3 | €48,499 | €5,170 | -€43,329 | -89.3% |
| Other amounts payable | 47/48 | €207,697 | €164,237 | -€43,460 | -20.9% |
| Other operating charges | 640/8 | €6,963 | €358 | -€6,605 | -94.9% |
| Gross operating margin | 9900 | €36,520 | €16,681 | -€19,839 | -54.3% |
| Operating profit (loss) | 9901 | €29,557 | €16,323 | -€13,234 | -44.8% |
| Financial income | 75/76B | €55,435 | €5,707 | -€49,728 | -89.7% |
| Recurring financial income | 75 | €55,435 | €5,707 | -€49,728 | -89.7% |
| Financial charges | 65/66B | €4,017 | €681 | -€3,336 | -83.0% |
| Recurring financial charges | 65 | €4,017 | €681 | -€3,336 | -83.0% |
| Profit (loss) for the period before taxes | 9903 | €80,975 | €21,349 | -€59,626 | -73.6% |
| Income taxes | 67/77 | €7,714 | €4,270 | -€3,444 | -44.6% |
| Profit (loss) for the period | 9904 | €73,261 | €17,079 | -€56,182 | -76.7% |
| Profit (loss) for the period to be appropriated | 9905 | €73,261 | €17,079 | -€56,182 | -76.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.