Glasservice: 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.
Glasservice
Largest movements
- Cash -€21,241
down €21,241 (-16.0%), from €132,779 to €111,537
mainly Current investments (-€18,000) and Trade debts (-€5,861)
- Current investments +€18,000
up €18,000 (+9.2%), from €195,602 to €213,602
- Trade debts -€5,861
down €5,861 (-83.3%), from €7,039 to €1,179
- Reserves +€4,298
up €4,298 (+1.3%), from €342,619 to €346,916
- Gross operating margin -€8,051
down €8,051 (-60.2%), from €13,369 to €5,317
- Taxes -€1,567
down €1,567 (-24.7%), from €6,357 to €4,790
- Financial income +€1,131
up €1,131 (+17.0%), from €6,646 to €7,777
- Other operating charges -€355
no longer reported in 2025 (was €355)
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 | €349,658 | €348,515 | -€1,143 | -0.3% |
| Fixed assets | 21/28 | €10,169 | €8,009 | -€2,160 | -21.2% |
| Tangible fixed assets | 22/27 | €9,772 | €7,612 | -€2,160 | -22.1% |
| Plant, machinery and equipment | 23 | €9,772 | €7,612 | -€2,160 | -22.1% |
| Financial fixed assets | 28 | €397 | €397 | = | 0.0% |
| Current assets | 29/58 | €339,489 | €340,506 | +€1,017 | +0.3% |
| Stocks and contracts in progress | 3 | €7,250 | €10,100 | +€2,850 | +39.3% |
| Stocks | 30/36 | €7,250 | €10,100 | +€2,850 | +39.3% |
| Amounts receivable within one year | 40/41 | €3,859 | €5,267 | +€1,408 | +36.5% |
| Trade receivables | 40 | €1,514 | €351 | -€1,164 | -76.9% |
| Other amounts receivable | 41 | €2,344 | €4,917 | +€2,572 | +110% |
| Current investments | 50/53 | €195,602 | €213,602 | +€18,000 | +9.2% |
| Cash at bank and in hand | 54/58 | €132,779 | €111,537 | -€21,241 | -16.0% |
| Total equity and liabilities | 10/49 | €349,658 | €348,515 | -€1,143 | -0.3% |
| Equity | 10/15 | €342,619 | €346,916 | +€4,298 | +1.3% |
| Reserves | 13 | €342,619 | €346,916 | +€4,298 | +1.3% |
| Distributable reserves | 133 | €342,619 | €346,916 | +€4,298 | +1.3% |
| Amounts payable | 17/49 | €7,039 | €1,599 | -€5,441 | -77.3% |
| Amounts payable within one year | 42/48 | €7,039 | €1,599 | -€5,441 | -77.3% |
| Trade debts | 44 | €7,039 | €1,179 | -€5,861 | -83.3% |
| Suppliers | 440/4 | €7,039 | €1,179 | -€5,861 | -83.3% |
| Other amounts payable | 47/48 | - | €420 | +€420 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,990 | €3,984 | -€6 | -0.2% |
| Other operating charges | 640/8 | €355 | - | -€355 | |
| Gross operating margin | 9900 | €13,369 | €5,317 | -€8,051 | -60.2% |
| Operating profit (loss) | 9901 | €9,024 | €1,334 | -€7,690 | -85.2% |
| Financial income | 75/76B | €6,646 | €7,777 | +€1,131 | +17.0% |
| Recurring financial income | 75 | €6,646 | €7,777 | +€1,131 | +17.0% |
| Financial charges | 65/66B | €4 | €23 | +€19 | +463% |
| Recurring financial charges | 65 | €4 | €23 | +€19 | +463% |
| Profit (loss) for the period before taxes | 9903 | €15,665 | €9,087 | -€6,578 | -42.0% |
| Income taxes | 67/77 | €6,357 | €4,790 | -€1,567 | -24.7% |
| Profit (loss) for the period | 9904 | €9,309 | €4,298 | -€5,011 | -53.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,309 | €4,298 | -€5,011 | -53.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.