GLASSWARE: 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.
GLASSWARE
Largest movements
- Tangible fixed assets -€24,477
down €24,477 (-3.4%), from €724,022 to €699,544
of which Land and buildings: -€19,943
- Receivables within one year +€12,712
up €12,712 (+3.9%), from €326,972 to €339,684
- Debts after one year -€58,089
down €58,089 (-41.2%), from €141,011 to €82,922
- Other debts +€36,817
up €36,817 (+6.3%), from €581,834 to €618,651
- Reserves +€13,212
up €13,212 (+51.0%), from €25,916 to €39,128
of which Distributable reserves: +€14,021
- Financial charges -€31,787
down €31,787, from €18,765 to -€13,022
- Gross operating margin +€13,265
up €13,265 (+178%), from €7,441 to €20,706
- Financial income +€1,837
up €1,837 (+30.5%), from €6,033 to €7,870
- Taxes +€1,133
up €1,133 (+112,131%), from €1 to €1,134
- Other operating charges -€881
down €881 (-22.1%), from €3,987 to €3,106
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 | €1,052,088 | €1,039,239 | -€12,849 | -1.2% |
| Fixed assets | 21/28 | €724,023 | €699,545 | -€24,477 | -3.4% |
| Tangible fixed assets | 22/27 | €724,022 | €699,544 | -€24,477 | -3.4% |
| Land and buildings | 22 | €711,925 | €691,982 | -€19,943 | -2.8% |
| Plant, machinery and equipment | 23 | €1,305 | €979 | -€326 | -25.0% |
| Furniture and vehicles | 24 | €10,791 | €6,583 | -€4,208 | -39.0% |
| Financial fixed assets | 28 | €1 | €1 | = | 0.0% |
| Current assets | 29/58 | €328,065 | €339,693 | +€11,628 | +3.5% |
| Amounts receivable within one year | 40/41 | €326,972 | €339,684 | +€12,712 | +3.9% |
| Other amounts receivable | 41 | €326,972 | €339,684 | +€12,712 | +3.9% |
| Cash at bank and in hand | 54/58 | €1,093 | €10 | -€1,083 | -99.1% |
| Total equity and liabilities | 10/49 | €1,052,088 | €1,039,239 | -€12,849 | -1.2% |
| Equity | 10/15 | €267,949 | €281,161 | +€13,212 | +4.9% |
| Contributions | 10/11 | €6,605 | €6,605 | = | 0.0% |
| Reserves | 13 | €25,916 | €39,128 | +€13,212 | +51.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,836 | €21,026 | -€809 | -3.7% |
| Distributable reserves | 133 | €2,180 | €16,201 | +€14,021 | +643% |
| Profit (loss) carried forward | 14 | €235,428 | €235,428 | = | 0.0% |
| Provisions and deferred taxes | 16 | €8,919 | €8,589 | -€330 | -3.7% |
| Deferred taxes | 168 | €8,919 | €8,589 | -€330 | -3.7% |
| Amounts payable | 17/49 | €775,219 | €749,489 | -€25,730 | -3.3% |
| Amounts payable after more than one year | 17 | €141,011 | €82,922 | -€58,089 | -41.2% |
| Financial debts | 170/4 | €141,011 | €82,922 | -€58,089 | -41.2% |
| Amounts payable within one year | 42/48 | €634,208 | €666,567 | +€32,359 | +5.1% |
| Current portion of amounts payable after more than one year | 42 | €37,993 | €42,087 | +€4,094 | +10.8% |
| Trade debts | 44 | €7,081 | €2,840 | -€4,241 | -59.9% |
| Suppliers | 440/4 | €7,081 | €2,840 | -€4,241 | -59.9% |
| Taxes, remuneration and social security | 45 | €7,300 | €2,989 | -€4,311 | -59.1% |
| Taxes | 450/3 | €7,300 | €2,989 | -€4,311 | -59.1% |
| Other amounts payable | 47/48 | €581,834 | €618,651 | +€36,817 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,829 | €24,477 | +€648 | +2.7% |
| Other operating charges | 640/8 | €3,987 | €3,106 | -€881 | -22.1% |
| Gross operating margin | 9900 | €7,441 | €20,706 | +€13,265 | +178% |
| Operating profit (loss) | 9901 | -€20,376 | -€6,877 | +€13,499 | +66.2% |
| Financial income | 75/76B | €6,033 | €7,870 | +€1,837 | +30.5% |
| Recurring financial income | 75 | €6,033 | €7,870 | +€1,837 | +30.5% |
| Financial charges | 65/66B | €18,765 | -€13,022 | -€31,787 | |
| Recurring financial charges | 65 | €18,765 | -€13,022 | -€31,787 | |
| Profit (loss) for the period before taxes | 9903 | -€33,108 | €14,015 | +€47,123 | |
| Transfer from deferred taxes | 780 | €330 | €330 | = | 0.0% |
| Income taxes | 67/77 | €1 | €1,134 | +€1,133 | +112,131% |
| Profit (loss) for the period | 9904 | -€32,779 | €13,212 | +€45,991 | |
| Transfer from tax-exempt reserves | 789 | €809 | €809 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,970 | €14,021 | +€45,991 |
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 13 October 2026 via checked.be.