GLASTO: what changed
What changed
GLASTO
NACE 68.110, Buying and selling of own real estate
filed annual accounts (NBB)
Net result for the year
€12,505
2024 · €9,587+€2,918
Equity
€171,918
2024 · €159,412+€12,505
Cash
€76,948
2024 · €57,629+€19,319
Balance sheet total
€391,719
2024 · €398,182-€6,463
Largest movements
Assets
- Tangible fixed assets -€25,918
down €25,918 (-70.8%), from €36,584 to €10,665
- Cash +€19,319
up €19,319 (+33.5%), from €57,629 to €76,948
mainly Depreciation (+€25,918) and Net result for the year (+€12,505)
Equity and liabilities
- Trade debts -€21,747
down €21,747 (-98.2%), from €22,146 to €400
- Profit (loss) carried forward +€12,505
up €12,505 (+30.8%), from -€40,588 to -€28,082
Income statement
- Gross operating margin +€4,713
up €4,713 (+8.8%), from €53,407 to €58,120
- Financial charges +€1,174
up €1,174 (+8.4%), from €14,032 to €15,206
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€9,587
Gross operating margin
+€4,713
Depreciation
+€1
Other operating charges
-€163
Financial income
+€19
Financial charges
-€1,174
Taxes
-€478
Result 2025
€12,505
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€19,319
Investment
€0
Financing
€0
Cash 2024
€57,629
From operations (derived)
+€19,319
Net result for the year
+€12,505
Depreciation
+€25,918
Receivables within one year
-€99
Deferred charges and accrued income
-€38
Trade debts
-€21,747
Tax, wage and social debts
+€478
Accrued charges and deferred income
+€2,301
Cash 2025
€76,948
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €398,182 | €391,719 | -€6,463 | -1.6% |
| Fixed assets | 21/28 | €36,584 | €10,665 | -€25,918 | -70.8% |
| Tangible fixed assets | 22/27 | €36,584 | €10,665 | -€25,918 | -70.8% |
| Land and buildings | 22 | €36,584 | €10,665 | -€25,918 | -70.8% |
| Current assets | 29/58 | €361,598 | €381,054 | +€19,456 | +5.4% |
| Amounts receivable within one year | 40/41 | €2,741 | €2,840 | +€99 | +3.6% |
| Trade receivables | 40 | €80 | €99 | +€19 | +24.4% |
| Other amounts receivable | 41 | €2,661 | €2,741 | +€80 | +3.0% |
| Current investments | 50/53 | €300,000 | €300,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €57,629 | €76,948 | +€19,319 | +33.5% |
| Deferred charges and accrued income | 490/1 | €1,228 | €1,266 | +€38 | +3.1% |
| Total equity and liabilities | 10/49 | €398,182 | €391,719 | -€6,463 | -1.6% |
| Equity | 10/15 | €159,412 | €171,918 | +€12,505 | +7.8% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,588 | -€28,082 | +€12,505 | +30.8% |
| Amounts payable | 17/49 | €238,769 | €219,802 | -€18,968 | -7.9% |
| Amounts payable within one year | 42/48 | €223,170 | €201,902 | -€21,268 | -9.5% |
| Trade debts | 44 | €22,146 | €400 | -€21,747 | -98.2% |
| Suppliers | 440/4 | €22,146 | €400 | -€21,747 | -98.2% |
| Taxes, remuneration and social security | 45 | - | €478 | +€478 | |
| Taxes | 450/3 | - | €478 | +€478 | |
| Other amounts payable | 47/48 | €201,024 | €201,024 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €15,599 | €17,900 | +€2,301 | +14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,919 | €25,918 | -€1 | 0.0% |
| Other operating charges | 640/8 | €3,948 | €4,111 | +€163 | +4.1% |
| Gross operating margin | 9900 | €53,407 | €58,120 | +€4,713 | +8.8% |
| Operating profit (loss) | 9901 | €23,539 | €28,091 | +€4,551 | +19.3% |
| Financial income | 75/76B | €80 | €99 | +€19 | +24.4% |
| Recurring financial income | 75 | €80 | €99 | +€19 | +24.4% |
| Financial charges | 65/66B | €14,032 | €15,206 | +€1,174 | +8.4% |
| Recurring financial charges | 65 | €14,032 | €15,206 | +€1,174 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | €9,587 | €12,984 | +€3,397 | +35.4% |
| Income taxes | 67/77 | - | €478 | +€478 | |
| Profit (loss) for the period | 9904 | €9,587 | €12,505 | +€2,918 | +30.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,587 | €12,505 | +€2,918 | +30.4% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.