GLASWERKEN BRYSSE: what changed
GLASWERKEN BRYSSE
Largest movements
- Receivables within one year +€39,892
up €39,892 (+55.9%), from €71,424 to €111,316
of which Trade receivables: +€35,984
- Receivables after one year +€35,000
up €35,000 (+8.8%), from €400,000 to €435,000
- Cash -€29,020
no longer reported in 2025 (was €29,020)
mainly Contributions, distributions and other (-€207,500) and Receivables within one year (-€39,892)
- Stocks and contracts -€18,250
down €18,250 (-31.5%), from €57,950 to €39,700
of which Contracts in progress: -€17,900
- Tangible fixed assets -€16,800
down €16,800 (-29.0%), from €57,841 to €41,041
of which Furniture and vehicles: -€9,449
- Other debts +€167,500
up €167,500 (+419%), from €40,000 to €207,500
- Reserves -€112,500
down €112,500 (-28.8%), from €390,860 to €278,360
of which Distributable reserves: -€112,500
- Trade debts -€19,067
down €19,067 (-29.3%), from €65,126 to €46,059
- Short-term financial debts -€17,960
down €17,960 (-79.7%), from €22,541 to €4,581
- Debts after one year -€17,568
down €17,568 (-47.6%), from €36,931 to €19,362
- Gross operating margin -€32,055
down €32,055 (-16.6%), from €193,464 to €161,409
- Staff costs -€17,959
down €17,959 (-93.0%), from €19,304 to €1,345
- Financial income +€8,728
up €8,728 (+86.7%), from €10,070 to €18,798
- Other operating charges +€3,538
up €3,538 (+47.2%), from €7,497 to €11,035
- Financial charges +€2,667
up €2,667 (+52.7%), from €5,061 to €7,728
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €622,484 | €631,907 | +€9,422 | +1.5% |
| Fixed assets | 21/28 | €57,841 | €41,041 | -€16,800 | -29.0% |
| Tangible fixed assets | 22/27 | €57,841 | €41,041 | -€16,800 | -29.0% |
| Land and buildings | 22 | €18,961 | €10,616 | -€8,345 | -44.0% |
| Plant, machinery and equipment | 23 | €3,084 | €4,077 | +€993 | +32.2% |
| Furniture and vehicles | 24 | €35,796 | €26,348 | -€9,449 | -26.4% |
| Current assets | 29/58 | €564,643 | €590,866 | +€26,223 | +4.6% |
| Amounts receivable after more than one year | 29 | €400,000 | €435,000 | +€35,000 | +8.8% |
| Other amounts receivable | 291 | €400,000 | €435,000 | +€35,000 | +8.8% |
| Stocks and contracts in progress | 3 | €57,950 | €39,700 | -€18,250 | -31.5% |
| Stocks | 30/36 | €7,450 | €7,100 | -€350 | -4.7% |
| Contracts in progress | 37 | €50,500 | €32,600 | -€17,900 | -35.4% |
| Amounts receivable within one year | 40/41 | €71,424 | €111,316 | +€39,892 | +55.9% |
| Trade receivables | 40 | €41,934 | €77,918 | +€35,984 | +85.8% |
| Other amounts receivable | 41 | €29,490 | €33,397 | +€3,908 | +13.3% |
| Cash at bank and in hand | 54/58 | €29,020 | - | -€29,020 | |
| Deferred charges and accrued income | 490/1 | €6,250 | €4,850 | -€1,400 | -22.4% |
| Total equity and liabilities | 10/49 | €622,484 | €631,907 | +€9,422 | +1.5% |
| Equity | 10/15 | €412,545 | €300,203 | -€112,341 | -27.2% |
| Contributions | 10/11 | €16,700 | €16,700 | = | 0.0% |
| Reserves | 13 | €390,860 | €278,360 | -€112,500 | -28.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,000 | €13,000 | = | 0.0% |
| Distributable reserves | 133 | €376,000 | €263,500 | -€112,500 | -29.9% |
| Profit (loss) carried forward | 14 | €4,985 | €5,143 | +€159 | +3.2% |
| Amounts payable | 17/49 | €209,940 | €331,704 | +€121,764 | +58.0% |
| Amounts payable after more than one year | 17 | €36,931 | €19,362 | -€17,568 | -47.6% |
| Financial debts | 170/4 | €36,931 | €19,362 | -€17,568 | -47.6% |
| Amounts payable within one year | 42/48 | €173,009 | €312,341 | +€139,332 | +80.5% |
| Current portion of amounts payable after more than one year | 42 | €16,797 | €30,177 | +€13,380 | +79.7% |
| Financial debts | 43 | €22,541 | €4,581 | -€17,960 | -79.7% |
| Credit institutions | 430/8 | €22,541 | €4,581 | -€17,960 | -79.7% |
| Trade debts | 44 | €65,126 | €46,059 | -€19,067 | -29.3% |
| Suppliers | 440/4 | €65,126 | €46,059 | -€19,067 | -29.3% |
| Advances received on contracts in progress | 46 | €9,500 | - | -€9,500 | |
| Taxes, remuneration and social security | 45 | €19,045 | €24,024 | +€4,979 | +26.1% |
| Taxes | 450/3 | €19,045 | €24,024 | +€4,979 | +26.1% |
| Other amounts payable | 47/48 | €40,000 | €207,500 | +€167,500 | +419% |
| Non-recurring operating income | 76A | €5,100 | - | -€5,100 | |
| Remuneration, social security and pensions | 62 | €19,304 | €1,345 | -€17,959 | -93.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,554 | €19,025 | +€470 | +2.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,316 | +€1,316 | |
| Other operating charges | 640/8 | €7,497 | €11,035 | +€3,538 | +47.2% |
| Gross operating margin | 9900 | €193,464 | €161,409 | -€32,055 | -16.6% |
| Operating profit (loss) | 9901 | €148,109 | €128,688 | -€19,421 | -13.1% |
| Financial income | 75/76B | €10,070 | €18,798 | +€8,728 | +86.7% |
| Recurring financial income | 75 | €10,070 | €18,798 | +€8,728 | +86.7% |
| Financial charges | 65/66B | €5,061 | €7,728 | +€2,667 | +52.7% |
| Recurring financial charges | 65 | €5,061 | €7,728 | +€2,667 | +52.7% |
| Profit (loss) for the period before taxes | 9903 | €153,117 | €139,757 | -€13,360 | -8.7% |
| Income taxes | 67/77 | €47,082 | €44,599 | -€2,483 | -5.3% |
| Profit (loss) for the period | 9904 | €106,035 | €95,159 | -€10,877 | -10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €106,035 | €95,159 | -€10,877 | -10.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.