Glass One Auto: 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.
Glass One Auto
Largest movements
- Cash -€12,852
down €12,852 (-48.1%), from €26,732 to €13,880
mainly Other debts (-€20,000) and Trade debts (-€2,797)
- Tangible fixed assets -€8,933
down €8,933 (-39.3%), from €22,714 to €13,781
of which Plant, machinery and equipment: -€5,959
- Stocks and contracts +€1,861
up €1,861 (+37.3%), from €4,986 to €6,846
- Receivables within one year -€1,680
down €1,680 (-17.8%), from €9,452 to €7,773
of which Trade receivables: -€5,449
- Other debts -€20,000
no longer reported in 2025 (was €20,000)
- Trade debts -€2,797
down €2,797 (-27.1%), from €10,332 to €7,535
- Tax, wage and social debts +€2,309
up €2,309 (+190%), from €1,213 to €3,522
- Profit (loss) carried forward -€1,259
down €1,259 (-6.8%), from €18,415 to €17,156
- Gross operating margin +€18,810
up €18,810, from -€9,495 to €9,314
- Taxes -€4,376
no longer reported in 2025 (was €4,376)
- Financial charges -€2,395
down €2,395 (-96.1%), from €2,491 to €96
- Other operating charges -€346
down €346 (-18.3%), from €1,891 to €1,545
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 | €66,427 | €44,680 | -€21,747 | -32.7% |
| Fixed assets | 21/28 | €25,114 | €16,181 | -€8,933 | -35.6% |
| Tangible fixed assets | 22/27 | €22,714 | €13,781 | -€8,933 | -39.3% |
| Plant, machinery and equipment | 23 | €15,775 | €9,816 | -€5,959 | -37.8% |
| Furniture and vehicles | 24 | €6,939 | €3,965 | -€2,974 | -42.9% |
| Financial fixed assets | 28 | €2,400 | €2,400 | = | 0.0% |
| Current assets | 29/58 | €41,313 | €28,499 | -€12,814 | -31.0% |
| Stocks and contracts in progress | 3 | €4,986 | €6,846 | +€1,861 | +37.3% |
| Stocks | 30/36 | €4,986 | €6,846 | +€1,861 | +37.3% |
| Amounts receivable within one year | 40/41 | €9,452 | €7,773 | -€1,680 | -17.8% |
| Trade receivables | 40 | €9,452 | €4,004 | -€5,449 | -57.6% |
| Other amounts receivable | 41 | - | €3,769 | +€3,769 | |
| Cash at bank and in hand | 54/58 | €26,732 | €13,880 | -€12,852 | -48.1% |
| Deferred charges and accrued income | 490/1 | €144 | - | -€144 | |
| Total equity and liabilities | 10/49 | €66,427 | €44,680 | -€21,747 | -32.7% |
| Equity | 10/15 | €34,882 | €33,622 | -€1,259 | -3.6% |
| Contributions | 10/11 | €15,400 | €15,400 | = | 0.0% |
| Reserves | 13 | €1,066 | €1,066 | = | 0.0% |
| Distributable reserves | 133 | €1,066 | €1,066 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,415 | €17,156 | -€1,259 | -6.8% |
| Amounts payable | 17/49 | €31,546 | €11,058 | -€20,488 | -64.9% |
| Amounts payable within one year | 42/48 | €31,546 | €11,058 | -€20,488 | -64.9% |
| Trade debts | 44 | €10,332 | €7,535 | -€2,797 | -27.1% |
| Suppliers | 440/4 | €10,332 | €7,535 | -€2,797 | -27.1% |
| Taxes, remuneration and social security | 45 | €1,213 | €3,522 | +€2,309 | +190% |
| Taxes | 450/3 | €1,213 | €3,522 | +€2,309 | +190% |
| Other amounts payable | 47/48 | €20,000 | - | -€20,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,972 | €8,933 | -€39 | -0.4% |
| Other operating charges | 640/8 | €1,891 | €1,545 | -€346 | -18.3% |
| Gross operating margin | 9900 | -€9,495 | €9,314 | +€18,810 | |
| Operating profit (loss) | 9901 | -€20,358 | -€1,163 | +€19,195 | +94.3% |
| Financial charges | 65/66B | €2,491 | €96 | -€2,395 | -96.1% |
| Recurring financial charges | 65 | €2,491 | €96 | -€2,395 | -96.1% |
| Profit (loss) for the period before taxes | 9903 | -€22,849 | -€1,259 | +€21,590 | +94.5% |
| Income taxes | 67/77 | €4,376 | - | -€4,376 | |
| Profit (loss) for the period | 9904 | -€27,225 | -€1,259 | +€25,966 | +95.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,225 | -€1,259 | +€25,966 | +95.4% |
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 19 October 2026 via checked.be.