GLASWERKEN YPERMAN: what changed
GLASWERKEN YPERMAN
Largest movements
- Receivables within one year +€14,248
up €14,248 (+50.8%), from €28,064 to €42,312
of which Trade receivables: +€14,118
- Tangible fixed assets -€13,691
down €13,691 (-48.2%), from €28,404 to €14,714
of which Leasing and similar rights: -€11,964
- Cash +€13,395
up €13,395 (+178%), from €7,517 to €20,912
mainly Trade debts (+€34,692) and Depreciation (+€13,691)
- Stocks and contracts -€4,002
down €4,002 (-41.2%), from €9,723 to €5,721
- Deferred charges and accrued income -€1,427
down €1,427 (-70.4%), from €2,027 to €600
- Trade debts +€34,692
up €34,692 (+294%), from €11,816 to €46,507
- Profit (loss) carried forward -€11,195
down €11,195, from €1,322 to -€9,873
- Debts after one year -€9,905
no longer reported in 2025 (was €9,905)
- Tax, wage and social debts -€3,583
down €3,583 (-87.7%), from €4,084 to €501
of which Remuneration and social security: -€3,556
- Current portion of long-term debt -€1,485
down €1,485 (-11.9%), from €12,477 to €10,992
- Gross operating margin -€34,072
down €34,072 (-83.5%), from €40,786 to €6,714
- Staff costs -€20,052
down €20,052 (-90.6%), from €22,124 to €2,072
- Financial income +€1,872
up €1,872 (+198%), from €948 to €2,820
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 | €75,736 | €84,259 | +€8,523 | +11.3% |
| Fixed assets | 21/28 | €28,404 | €14,714 | -€13,691 | -48.2% |
| Tangible fixed assets | 22/27 | €28,404 | €14,714 | -€13,691 | -48.2% |
| Plant, machinery and equipment | 23 | €5,473 | €3,747 | -€1,727 | -31.5% |
| Leasing and similar rights | 25 | €22,931 | €10,967 | -€11,964 | -52.2% |
| Current assets | 29/58 | €47,332 | €69,545 | +€22,213 | +46.9% |
| Stocks and contracts in progress | 3 | €9,723 | €5,721 | -€4,002 | -41.2% |
| Stocks | 30/36 | €9,723 | €5,721 | -€4,002 | -41.2% |
| Amounts receivable within one year | 40/41 | €28,064 | €42,312 | +€14,248 | +50.8% |
| Trade receivables | 40 | €11,511 | €25,629 | +€14,118 | +123% |
| Other amounts receivable | 41 | €16,554 | €16,684 | +€130 | +0.8% |
| Cash at bank and in hand | 54/58 | €7,517 | €20,912 | +€13,395 | +178% |
| Deferred charges and accrued income | 490/1 | €2,027 | €600 | -€1,427 | -70.4% |
| Total equity and liabilities | 10/49 | €75,736 | €84,259 | +€8,523 | +11.3% |
| Equity | 10/15 | €37,454 | €26,258 | -€11,195 | -29.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €17,540 | €17,540 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €15,681 | €15,681 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,322 | -€9,873 | -€11,195 | |
| Amounts payable | 17/49 | €38,282 | €58,000 | +€19,718 | +51.5% |
| Amounts payable after more than one year | 17 | €9,905 | - | -€9,905 | |
| Financial debts | 170/4 | €9,905 | - | -€9,905 | |
| Amounts payable within one year | 42/48 | €28,377 | €58,000 | +€29,623 | +104% |
| Current portion of amounts payable after more than one year | 42 | €12,477 | €10,992 | -€1,485 | -11.9% |
| Trade debts | 44 | €11,816 | €46,507 | +€34,692 | +294% |
| Suppliers | 440/4 | €11,816 | €46,507 | +€34,692 | +294% |
| Taxes, remuneration and social security | 45 | €4,084 | €501 | -€3,583 | -87.7% |
| Taxes | 450/3 | €528 | €501 | -€26 | -5.0% |
| Remuneration and social security | 454/9 | €3,556 | - | -€3,556 | |
| Remuneration, social security and pensions | 62 | €22,124 | €2,072 | -€20,052 | -90.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,691 | €13,691 | = | 0.0% |
| Other operating charges | 640/8 | €3,074 | €3,283 | +€210 | +6.8% |
| Gross operating margin | 9900 | €40,786 | €6,714 | -€34,072 | -83.5% |
| Operating profit (loss) | 9901 | €1,898 | -€12,332 | -€14,230 | |
| Financial income | 75/76B | €948 | €2,820 | +€1,872 | +198% |
| Recurring financial income | 75 | €948 | €2,820 | +€1,872 | +198% |
| Financial charges | 65/66B | €1,262 | €1,504 | +€243 | +19.3% |
| Recurring financial charges | 65 | €1,262 | €1,504 | +€243 | +19.3% |
| Profit (loss) for the period before taxes | 9903 | €1,584 | -€11,017 | -€12,601 | |
| Income taxes | 67/77 | €322 | €179 | -€143 | -44.5% |
| Profit (loss) for the period | 9904 | €1,262 | -€11,195 | -€12,457 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,262 | -€11,195 | -€12,457 |
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 6 November 2026 via checked.be.