GLASHANDEL VAN LIERDE: 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.
GLASHANDEL VAN LIERDE
Largest movements
- Receivables within one year -€21,402
down €21,402 (-64.4%), from €33,228 to €11,826
of which Trade receivables: -€20,593
- Tangible fixed assets -€20,764
down €20,764 (-15.4%), from €134,996 to €114,232
of which Furniture and vehicles: -€14,254
- Cash +€7,196
up €7,196 (+24.1%), from €29,829 to €37,025
mainly Receivables within one year (+€21,402) and Depreciation (+€20,764)
- Stocks and contracts -€3,478
down €3,478 (-14.5%), from €23,990 to €20,512
- Profit (loss) carried forward -€24,200
down €24,200 (-46.2%), from -€52,352 to -€76,553
- Debts after one year -€12,850
down €12,850 (-31.3%), from €41,042 to €28,192
- Trade debts -€2,759
down €2,759 (-19.5%), from €14,168 to €11,408
- Gross operating margin -€8,389
down €8,389 (-50.7%), from €16,540 to €8,151
- Staff costs -€1,180
down €1,180 (-14.5%), from €8,129 to €6,949
- Depreciation +€428
up €428 (+2.1%), from €20,336 to €20,764
- Financial income -€173
down €173 (-66.6%), from €260 to €87
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 | €225,322 | €187,105 | -€38,216 | -17.0% |
| Fixed assets | 21/28 | €134,996 | €114,232 | -€20,764 | -15.4% |
| Tangible fixed assets | 22/27 | €134,996 | €114,232 | -€20,764 | -15.4% |
| Land and buildings | 22 | €77,553 | €71,042 | -€6,511 | -8.4% |
| Furniture and vehicles | 24 | €57,443 | €43,190 | -€14,254 | -24.8% |
| Current assets | 29/58 | €90,326 | €72,874 | -€17,452 | -19.3% |
| Stocks and contracts in progress | 3 | €23,990 | €20,512 | -€3,478 | -14.5% |
| Stocks | 30/36 | €23,990 | €20,512 | -€3,478 | -14.5% |
| Amounts receivable within one year | 40/41 | €33,228 | €11,826 | -€21,402 | -64.4% |
| Trade receivables | 40 | €31,119 | €10,526 | -€20,593 | -66.2% |
| Other amounts receivable | 41 | €2,109 | €1,300 | -€809 | -38.4% |
| Cash at bank and in hand | 54/58 | €29,829 | €37,025 | +€7,196 | +24.1% |
| Deferred charges and accrued income | 490/1 | €3,278 | €3,510 | +€232 | +7.1% |
| Total equity and liabilities | 10/49 | €225,322 | €187,105 | -€38,216 | -17.0% |
| Equity | 10/15 | €157,020 | €132,819 | -€24,200 | -15.4% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €9,372 | €9,372 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,819 | €2,819 | = | 0.0% |
| Distributable reserves | 133 | €6,552 | €6,552 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,352 | -€76,553 | -€24,200 | -46.2% |
| Amounts payable | 17/49 | €68,302 | €54,286 | -€14,016 | -20.5% |
| Amounts payable after more than one year | 17 | €41,042 | €28,192 | -€12,850 | -31.3% |
| Financial debts | 170/4 | €41,042 | €28,192 | -€12,850 | -31.3% |
| Amounts payable within one year | 42/48 | €27,190 | €26,051 | -€1,139 | -4.2% |
| Current portion of amounts payable after more than one year | 42 | €12,426 | €12,850 | +€423 | +3.4% |
| Trade debts | 44 | €14,168 | €11,408 | -€2,759 | -19.5% |
| Suppliers | 440/4 | €14,168 | €11,408 | -€2,759 | -19.5% |
| Taxes, remuneration and social security | 45 | €596 | €910 | +€314 | +52.7% |
| Taxes | 450/3 | €596 | €910 | +€314 | +52.7% |
| Other amounts payable | 47/48 | - | €883 | +€883 | |
| Accrued charges and deferred income | 492/3 | €70 | €43 | -€27 | -38.6% |
| Remuneration, social security and pensions | 62 | €8,129 | €6,949 | -€1,180 | -14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,336 | €20,764 | +€428 | +2.1% |
| Other operating charges | 640/8 | €2,328 | €2,354 | +€26 | +1.1% |
| Gross operating margin | 9900 | €16,540 | €8,151 | -€8,389 | -50.7% |
| Operating profit (loss) | 9901 | -€14,252 | -€21,916 | -€7,664 | -53.8% |
| Financial income | 75/76B | €260 | €87 | -€173 | -66.6% |
| Recurring financial income | 75 | €260 | €87 | -€173 | -66.6% |
| Financial charges | 65/66B | €2,179 | €2,042 | -€137 | -6.3% |
| Recurring financial charges | 65 | €2,179 | €2,042 | -€137 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | -€16,171 | -€23,871 | -€7,699 | -47.6% |
| Income taxes | 67/77 | €344 | €330 | -€15 | -4.2% |
| Profit (loss) for the period | 9904 | -€16,516 | -€24,200 | -€7,685 | -46.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,516 | -€24,200 | -€7,685 | -46.5% |
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 16 October 2026 via checked.be.