Glasstechnics: 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.
Glasstechnics
Largest movements
- Cash -€7,397
no longer reported in 2024 (was €7,397)
mainly Short-term financial debts (-€24,632) and Trade debts (-€15,514)
- Receivables within one year -€4,821
down €4,821 (-10.2%), from €47,361 to €42,539
of which Other amounts receivable: -€3,150
- Tangible fixed assets -€3,005
down €3,005 (-60.3%), from €4,983 to €1,979
- Financial fixed assets +€2,160
up €2,160 (+51.4%), from €4,200 to €6,360
- Stocks and contracts -€1,705
down €1,705 (-15.1%), from €11,255 to €9,550
- Short-term financial debts -€24,632
no longer reported in 2024 (was €24,632)
- Other debts +€18,552
up €18,552 (+2260.3%), from €821 to €19,373
- Trade debts -€15,514
down €15,514 (-76.6%), from €20,249 to €4,735
- Profit (loss) carried forward +€7,145
up €7,145 (+631.8%), from €1,131 to €8,276
- Taxes -€5,000
no longer reported in 2024 (was €5,000)
- Gross operating margin -€1,947
down €1,947 (-11.9%), from €16,427 to €14,480
- Financial charges -€189
down €189 (-5.4%), from €3,466 to €3,277
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €75,197 | €60,429 | -€14,768 | -19.6% |
| Fixed assets | 21/28 | €9,183 | €8,339 | -€845 | -9.2% |
| Tangible fixed assets | 22/27 | €4,983 | €1,979 | -€3,005 | -60.3% |
| Plant, machinery and equipment | 23 | €4,983 | €1,979 | -€3,005 | -60.3% |
| Financial fixed assets | 28 | €4,200 | €6,360 | +€2,160 | +51.4% |
| Current assets | 29/58 | €66,013 | €52,090 | -€13,924 | -21.1% |
| Stocks and contracts in progress | 3 | €11,255 | €9,550 | -€1,705 | -15.1% |
| Stocks | 30/36 | €11,255 | €9,550 | -€1,705 | -15.1% |
| Amounts receivable within one year | 40/41 | €47,361 | €42,539 | -€4,821 | -10.2% |
| Trade receivables | 40 | €35,334 | €33,662 | -€1,671 | -4.7% |
| Other amounts receivable | 41 | €12,027 | €8,877 | -€3,150 | -26.2% |
| Cash at bank and in hand | 54/58 | €7,397 | - | -€7,397 | |
| Total equity and liabilities | 10/49 | €75,197 | €60,429 | -€14,768 | -19.6% |
| Equity | 10/15 | €29,176 | €36,321 | +€7,145 | +24.5% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Outside capital | 11 | €6,300 | €6,300 | = | 0.0% |
| Other | 1109/19 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €21,745 | €21,745 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €19,885 | €19,885 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,131 | €8,276 | +€7,145 | +631.8% |
| Amounts payable | 17/49 | €46,021 | €24,107 | -€21,913 | -47.6% |
| Amounts payable within one year | 42/48 | €46,021 | €24,107 | -€21,913 | -47.6% |
| Current portion of amounts payable after more than one year | 42 | €320 | - | -€320 | |
| Financial debts | 43 | €24,632 | - | -€24,632 | |
| Credit institutions | 430/8 | €24,632 | - | -€24,632 | |
| Trade debts | 44 | €20,249 | €4,735 | -€15,514 | -76.6% |
| Suppliers | 440/4 | €20,249 | €4,735 | -€15,514 | -76.6% |
| Other amounts payable | 47/48 | €821 | €19,373 | +€18,552 | +2260.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,005 | €3,005 | = | 0.0% |
| Other operating charges | 640/8 | €1,065 | €1,135 | +€70 | +6.6% |
| Gross operating margin | 9900 | €16,427 | €14,480 | -€1,947 | -11.9% |
| Operating profit (loss) | 9901 | €12,358 | €10,341 | -€2,018 | -16.3% |
| Financial income | 75/76B | €0 | €82 | +€82 | +271966.7% |
| Recurring financial income | 75 | €0 | €82 | +€82 | +271966.7% |
| Financial charges | 65/66B | €3,466 | €3,277 | -€189 | -5.4% |
| Recurring financial charges | 65 | €3,466 | €3,277 | -€189 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €8,892 | €7,145 | -€1,747 | -19.6% |
| Income taxes | 67/77 | €5,000 | - | -€5,000 | |
| Profit (loss) for the period | 9904 | €3,892 | €7,145 | +€3,253 | +83.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,892 | €7,145 | +€3,253 | +83.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.