GLD PLAFONNAGE: what changed
GLD PLAFONNAGE
Largest movements
- Receivables within one year -€14,387
down €14,387 (-94.0%), from €15,304 to €916
of which Trade receivables: -€8,444
- Cash -€4,016
down €4,016 (-27.1%), from €14,807 to €10,791
mainly Net result for the year (-€27,827) and Current portion of long-term debt (-€2,709)
- Tangible fixed assets -€3,468
no longer reported in 2025 (was €3,468)
- Profit (loss) carried forward -€27,827
down €27,827 (-277%), from -€10,042 to -€37,869
- Tax, wage and social debts +€5,750
up €5,750 (+128%), from €4,483 to €10,233
of which Remuneration and social security: +€6,106
- Current portion of long-term debt -€2,709
down €2,709 (-74.7%), from €3,627 to €918
- Other debts +€2,060
new in 2025: €2,060
- Trade debts +€1,135
up €1,135 (+50.2%), from €2,259 to €3,393
- Gross operating margin -€53,527
down €53,527, from €33,617 to -€19,909
- Staff costs -€8,036
down €8,036 (-69.0%), from €11,655 to €3,619
- Taxes -€2,376
no longer reported in 2025 (was €2,376)
- Depreciation -€1,182
down €1,182 (-25.4%), from €4,650 to €3,468
- Financial charges -€717
down €717 (-65.0%), from €1,103 to €386
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 | €33,889 | €11,913 | -€21,976 | -64.8% |
| Fixed assets | 21/28 | €3,528 | €60 | -€3,468 | -98.3% |
| Tangible fixed assets | 22/27 | €3,468 | - | -€3,468 | |
| Leasing and similar rights | 25 | €3,468 | - | -€3,468 | |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €30,360 | €11,853 | -€18,507 | -61.0% |
| Amounts receivable within one year | 40/41 | €15,304 | €916 | -€14,387 | -94.0% |
| Trade receivables | 40 | €9,107 | €663 | -€8,444 | -92.7% |
| Other amounts receivable | 41 | €6,197 | €253 | -€5,944 | -95.9% |
| Cash at bank and in hand | 54/58 | €14,807 | €10,791 | -€4,016 | -27.1% |
| Deferred charges and accrued income | 490/1 | €249 | €145 | -€104 | -41.8% |
| Total equity and liabilities | 10/49 | €33,889 | €11,913 | -€21,976 | -64.8% |
| Equity | 10/15 | €23,136 | -€4,691 | -€27,827 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €14,586 | €14,586 | = | 0.0% |
| Distributable reserves | 133 | €14,586 | €14,586 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,042 | -€37,869 | -€27,827 | -277% |
| Amounts payable | 17/49 | €10,753 | €16,603 | +€5,851 | +54.4% |
| Amounts payable within one year | 42/48 | €10,368 | €16,603 | +€6,235 | +60.1% |
| Current portion of amounts payable after more than one year | 42 | €3,627 | €918 | -€2,709 | -74.7% |
| Trade debts | 44 | €2,259 | €3,393 | +€1,135 | +50.2% |
| Suppliers | 440/4 | €2,259 | €3,393 | +€1,135 | +50.2% |
| Taxes, remuneration and social security | 45 | €4,483 | €10,233 | +€5,750 | +128% |
| Taxes | 450/3 | €4,010 | €3,654 | -€357 | -8.9% |
| Remuneration and social security | 454/9 | €473 | €6,579 | +€6,106 | +1,291% |
| Other amounts payable | 47/48 | - | €2,060 | +€2,060 | |
| Accrued charges and deferred income | 492/3 | €384 | - | -€384 | |
| Remuneration, social security and pensions | 62 | €11,655 | €3,619 | -€8,036 | -69.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,650 | €3,468 | -€1,182 | -25.4% |
| Other operating charges | 640/8 | €1,106 | €669 | -€437 | -39.5% |
| Gross operating margin | 9900 | €33,617 | -€19,909 | -€53,527 | |
| Operating profit (loss) | 9901 | €16,206 | -€27,666 | -€43,872 | |
| Financial income | 75/76B | €530 | €226 | -€304 | -57.5% |
| Recurring financial income | 75 | €530 | €226 | -€304 | -57.5% |
| Financial charges | 65/66B | €1,103 | €386 | -€717 | -65.0% |
| Recurring financial charges | 65 | €1,103 | €386 | -€717 | -65.0% |
| Profit (loss) for the period before taxes | 9903 | €15,633 | -€27,827 | -€43,460 | |
| Income taxes | 67/77 | €2,376 | - | -€2,376 | |
| Profit (loss) for the period | 9904 | €13,257 | -€27,827 | -€41,084 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,257 | -€27,827 | -€41,084 |
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 3 November 2026 via checked.be.