GLASHANDEL VAN LENT: what changed
What changed
GLASHANDEL VAN LENT
NACE 43.343, Specialised construction activities
filed annual accounts (NBB)
Net result for the year
-€44,465
2024 · €20,306-€64,771
Equity
€380,064
2024 · €424,530-€44,465
Cash
€14,485
2024 · €15,317-€832
Balance sheet total
€1.0m
2024 · €1.1m-€24,856
Largest movements
Assets
- Receivables within one year -€22,371
down €22,371 (-20.0%), from €111,735 to €89,364
of which Trade receivables: -€11,384
Equity and liabilities
- Profit (loss) carried forward -€44,465
down €44,465, from €3,968 to -€40,498
- Trade debts +€18,869
up €18,869 (+59.1%), from €31,934 to €50,803
Income statement
- Gross operating margin -€48,026
down €48,026 (-40.4%), from €118,855 to €70,829
- Other operating charges +€8,942
up €8,942 (+73.6%), from €12,154 to €21,096
- Financial charges +€7,657
up €7,657 (+84.5%), from €9,057 to €16,714
- Depreciation +€5,141
up €5,141 (+7.1%), from €72,205 to €77,346
- Taxes -€4,951
down €4,951 (-94.7%), from €5,228 to €277
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€20,306
Gross operating margin
-€48,026
Depreciation
-€5,141
Other operating charges
-€8,942
Other operating items
+€88
Financial income
-€44
Financial charges
-€7,657
Taxes
+€4,951
Result 2025
-€44,465
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€71,345
Investment
-€75,000
Financing
+€2,823
Cash 2024
€15,317
From operations (derived)
+€71,345
Net result for the year
-€44,465
Depreciation
+€77,346
Receivables within one year
+€22,371
Deferred charges and accrued income
-€694
Trade debts
+€18,869
Tax, wage and social debts
-€7,899
Other debts
+€4,618
Accrued charges and deferred income
+€1,200
Investment (derived)
-€75,000
Investment in fixed assets (net)
-€75,000
Financing
+€2,823
Debts after one year
-€5,691
Current portion of long-term debt
+€5,335
Short-term financial debts
+€3,179
Cash 2025
€14,485
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,066,593 | €1,041,737 | -€24,856 | -2.3% |
| Fixed assets | 21/28 | €919,340 | €916,994 | -€2,346 | -0.3% |
| Tangible fixed assets | 22/27 | €916,953 | €914,607 | -€2,346 | -0.3% |
| Land and buildings | 22 | €687,520 | €748,922 | +€61,402 | +8.9% |
| Plant, machinery and equipment | 23 | €49,249 | €35,261 | -€13,989 | -28.4% |
| Furniture and vehicles | 24 | €114,335 | €72,947 | -€41,388 | -36.2% |
| Other tangible fixed assets | 26 | €65,848 | €57,477 | -€8,371 | -12.7% |
| Financial fixed assets | 28 | €2,387 | €2,387 | = | 0.0% |
| Current assets | 29/58 | €147,253 | €124,743 | -€22,510 | -15.3% |
| Amounts receivable within one year | 40/41 | €111,735 | €89,364 | -€22,371 | -20.0% |
| Trade receivables | 40 | €94,812 | €83,428 | -€11,384 | -12.0% |
| Other amounts receivable | 41 | €16,923 | €5,936 | -€10,987 | -64.9% |
| Cash at bank and in hand | 54/58 | €15,317 | €14,485 | -€832 | -5.4% |
| Deferred charges and accrued income | 490/1 | €20,200 | €20,894 | +€694 | +3.4% |
| Total equity and liabilities | 10/49 | €1,066,593 | €1,041,737 | -€24,856 | -2.3% |
| Equity | 10/15 | €424,530 | €380,064 | -€44,465 | -10.5% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Revaluation surpluses | 12 | €279,685 | €279,685 | = | 0.0% |
| Reserves | 13 | €66,508 | €66,508 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Legal reserve | 130 | €7,437 | €7,437 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,713 | €4,713 | = | 0.0% |
| Distributable reserves | 133 | €54,358 | €54,358 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,968 | -€40,498 | -€44,465 | |
| Amounts payable | 17/49 | €642,063 | €661,673 | +€19,610 | +3.1% |
| Amounts payable after more than one year | 17 | €412,213 | €406,521 | -€5,691 | -1.4% |
| Financial debts | 170/4 | €412,213 | €406,521 | -€5,691 | -1.4% |
| Amounts payable within one year | 42/48 | €229,850 | €253,951 | +€24,101 | +10.5% |
| Current portion of amounts payable after more than one year | 42 | €55,356 | €60,691 | +€5,335 | +9.6% |
| Financial debts | 43 | - | €3,179 | +€3,179 | |
| Credit institutions | 430/8 | - | €3,179 | +€3,179 | |
| Trade debts | 44 | €31,934 | €50,803 | +€18,869 | +59.1% |
| Suppliers | 440/4 | €31,934 | €50,803 | +€18,869 | +59.1% |
| Taxes, remuneration and social security | 45 | €17,696 | €9,797 | -€7,899 | -44.6% |
| Taxes | 450/3 | €17,696 | €9,797 | -€7,899 | -44.6% |
| Other amounts payable | 47/48 | €124,864 | €129,481 | +€4,618 | +3.7% |
| Accrued charges and deferred income | 492/3 | - | €1,200 | +€1,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,205 | €77,346 | +€5,141 | +7.1% |
| Other operating charges | 640/8 | €12,154 | €21,096 | +€8,942 | +73.6% |
| Non-recurring operating charges | 66A | €88 | - | -€88 | |
| Gross operating margin | 9900 | €118,855 | €70,829 | -€48,026 | -40.4% |
| Operating profit (loss) | 9901 | €34,408 | -€27,613 | -€62,021 | |
| Financial income | 75/76B | €182 | €139 | -€44 | -24.0% |
| Recurring financial income | 75 | €182 | €139 | -€44 | -24.0% |
| Financial charges | 65/66B | €9,057 | €16,714 | +€7,657 | +84.5% |
| Recurring financial charges | 65 | €9,057 | €16,714 | +€7,657 | +84.5% |
| Profit (loss) for the period before taxes | 9903 | €25,534 | -€44,189 | -€69,723 | |
| Income taxes | 67/77 | €5,228 | €277 | -€4,951 | -94.7% |
| Profit (loss) for the period | 9904 | €20,306 | -€44,465 | -€64,771 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,306 | -€44,465 | -€64,771 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.