Glaucus Group: 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.
Glaucus Group
Largest movements
- Receivables within one year -€5,366
down €5,366 (-38.5%), from €13,937 to €8,571
of which Trade receivables: -€5,366
- Tangible fixed assets -€1,671
down €1,671 (-19.7%), from €8,478 to €6,807
- Trade debts -€6,420
down €6,420 (-34.1%), from €18,842 to €12,422
- Tax, wage and social debts -€3,510
down €3,510 (-21.7%), from €16,173 to €12,664
of which Remuneration and social security: -€7,194
- Other debts +€2,888
up €2,888 (+494%), from €585 to €3,473
- Gross operating margin -€11,481
down €11,481 (-19.8%), from €58,083 to €46,603
- Financial charges +€836
up €836 (+147%), from €568 to €1,404
- Staff costs +€826
up €826 (+2.2%), from €37,191 to €38,017
- Depreciation +€635
up €635 (+11.7%), from €5,411 to €6,046
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 | €22,502 | €15,463 | -€7,038 | -31.3% |
| Fixed assets | 21/28 | €8,478 | €6,807 | -€1,671 | -19.7% |
| Tangible fixed assets | 22/27 | €8,478 | €6,807 | -€1,671 | -19.7% |
| Plant, machinery and equipment | 23 | €8,478 | €6,807 | -€1,671 | -19.7% |
| Current assets | 29/58 | €14,024 | €8,657 | -€5,367 | -38.3% |
| Amounts receivable within one year | 40/41 | €13,937 | €8,571 | -€5,366 | -38.5% |
| Trade receivables | 40 | €13,821 | €8,456 | -€5,366 | -38.8% |
| Other amounts receivable | 41 | €115 | €115 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €87 | €3 | -€84 | -96.6% |
| Deferred charges and accrued income | 490/1 | - | €83 | +€83 | |
| Total equity and liabilities | 10/49 | €22,502 | €15,463 | -€7,038 | -31.3% |
| Equity | 10/15 | -€13,098 | -€13,095 | +€3 | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,098 | -€16,095 | +€3 | 0.0% |
| Amounts payable | 17/49 | €35,599 | €28,558 | -€7,041 | -19.8% |
| Amounts payable within one year | 42/48 | €35,599 | €28,558 | -€7,041 | -19.8% |
| Trade debts | 44 | €18,842 | €12,422 | -€6,420 | -34.1% |
| Suppliers | 440/4 | €18,842 | €12,422 | -€6,420 | -34.1% |
| Taxes, remuneration and social security | 45 | €16,173 | €12,664 | -€3,510 | -21.7% |
| Taxes | 450/3 | €6,091 | €9,776 | +€3,685 | +60.5% |
| Remuneration and social security | 454/9 | €10,082 | €2,887 | -€7,194 | -71.4% |
| Other amounts payable | 47/48 | €585 | €3,473 | +€2,888 | +494% |
| Remuneration, social security and pensions | 62 | €37,191 | €38,017 | +€826 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,411 | €6,046 | +€635 | +11.7% |
| Other operating charges | 640/8 | €1,534 | €1,138 | -€397 | -25.9% |
| Gross operating margin | 9900 | €58,083 | €46,603 | -€11,481 | -19.8% |
| Operating profit (loss) | 9901 | €13,947 | €1,402 | -€12,545 | -89.9% |
| Financial income | 75/76B | €1 | €5 | +€4 | +691% |
| Recurring financial income | 75 | €1 | €5 | +€4 | +691% |
| Financial charges | 65/66B | €568 | €1,404 | +€836 | +147% |
| Recurring financial charges | 65 | €568 | €1,404 | +€836 | +147% |
| Profit (loss) for the period before taxes | 9903 | €13,380 | €3 | -€13,377 | -100.0% |
| Profit (loss) for the period | 9904 | €13,380 | €3 | -€13,377 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,380 | €3 | -€13,377 | -100.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.