GLASSROOTS: what changed
Two fiscal 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.
GLASSROOTS
Largest movements
- Receivables within one year -€23,502
down €23,502 (-68.7%), from €34,230 to €10,728
of which Trade receivables: -€20,051
- Cash +€10,383
up €10,383 (+14.5%), from €71,527 to €81,910
mainly Receivables within one year (+€23,502) and Other debts (+€7,039)
- Deferred charges and accrued income -€3,173
down €3,173 (-40.7%), from €7,802 to €4,629
- Tangible fixed assets -€1,906
down €1,906 (-51.1%), from €3,730 to €1,823
- Profit (loss) carried forward -€30,615
down €30,615 (-857.3%), from -€3,571 to -€34,186
- Other debts +€7,039
up €7,039 (+13.8%), from €51,159 to €58,198
- Trade debts +€3,691
up €3,691 (+427.0%), from €864 to €4,555
- Tax, wage and social debts +€3,294
up €3,294 (+365.9%), from €900 to €4,194
of which Remuneration and social security: +€1,857
- Accrued charges and deferred income -€1,527
down €1,527 (-4.8%), from €31,835 to €30,308
- Other operating charges +€18,357
up €18,357 (+2254.2%), from €814 to €19,172
- Gross operating margin -€11,103
down €11,103, from €2,121 to -€8,982
- Taxes -€1,120
down €1,120 (-80.0%), from €1,400 to €280
- Depreciation -€1,007
down €1,007 (-34.6%), from €2,914 to €1,906
- Financial charges -€503
down €503 (-63.9%), from €787 to €285
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €117,289 | €99,090 | -€18,199 | -15.5% |
| Fixed assets | 21/28 | €3,730 | €1,823 | -€1,906 | -51.1% |
| Tangible fixed assets | 22/27 | €3,730 | €1,823 | -€1,906 | -51.1% |
| Furniture and vehicles | 24 | €3,730 | €1,823 | -€1,906 | -51.1% |
| Current assets | 29/58 | €113,560 | €97,267 | -€16,293 | -14.3% |
| Amounts receivable within one year | 40/41 | €34,230 | €10,728 | -€23,502 | -68.7% |
| Trade receivables | 40 | €24,079 | €4,028 | -€20,051 | -83.3% |
| Other amounts receivable | 41 | €10,151 | €6,700 | -€3,451 | -34.0% |
| Cash at bank and in hand | 54/58 | €71,527 | €81,910 | +€10,383 | +14.5% |
| Deferred charges and accrued income | 490/1 | €7,802 | €4,629 | -€3,173 | -40.7% |
| Total equity and liabilities | 10/49 | €117,289 | €99,090 | -€18,199 | -15.5% |
| Equity | 10/15 | €32,306 | €1,691 | -€30,615 | -94.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €29,677 | €29,677 | = | 0.0% |
| Distributable reserves | 133 | €29,677 | €29,677 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,571 | -€34,186 | -€30,615 | -857.3% |
| Amounts payable | 17/49 | €84,983 | €97,399 | +€12,416 | +14.6% |
| Amounts payable within one year | 42/48 | €53,148 | €67,091 | +€13,943 | +26.2% |
| Financial debts | 43 | €225 | €144 | -€80 | -35.7% |
| Credit institutions | 430/8 | €225 | €144 | -€80 | -35.7% |
| Trade debts | 44 | €864 | €4,555 | +€3,691 | +427.0% |
| Suppliers | 440/4 | €864 | €4,555 | +€3,691 | +427.0% |
| Taxes, remuneration and social security | 45 | €900 | €4,194 | +€3,294 | +365.9% |
| Taxes | 450/3 | €900 | €2,337 | +€1,437 | +159.6% |
| Remuneration and social security | 454/9 | - | €1,857 | +€1,857 | |
| Other amounts payable | 47/48 | €51,159 | €58,198 | +€7,039 | +13.8% |
| Accrued charges and deferred income | 492/3 | €31,835 | €30,308 | -€1,527 | -4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,914 | €1,906 | -€1,007 | -34.6% |
| Other operating charges | 640/8 | €814 | €19,172 | +€18,357 | +2254.2% |
| Gross operating margin | 9900 | €2,121 | -€8,982 | -€11,103 | |
| Operating profit (loss) | 9901 | -€1,607 | -€30,060 | -€28,453 | -1770.1% |
| Financial income | 75/76B | €0 | €10 | +€10 | |
| Recurring financial income | 75 | €0 | €10 | +€10 | |
| Financial charges | 65/66B | €787 | €285 | -€503 | -63.9% |
| Recurring financial charges | 65 | €787 | €285 | -€503 | -63.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,395 | -€30,335 | -€27,940 | -1166.7% |
| Income taxes | 67/77 | €1,400 | €280 | -€1,120 | -80.0% |
| Profit (loss) for the period | 9904 | -€3,795 | -€30,615 | -€26,820 | -706.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,795 | -€30,615 | -€26,820 | -706.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.