GLENN VAN LINT: 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.
GLENN VAN LINT
Largest movements
- Receivables within one year +€33,883
up €33,883 (+162%), from €20,885 to €54,768
of which Other amounts receivable: +€34,578
- Cash -€3,058
down €3,058 (-15.4%), from €19,919 to €16,861
mainly Receivables within one year (-€33,883) and Investment in fixed assets (net) (-€2,141)
- Profit (loss) carried forward +€31,242
up €31,242 (+109%), from €28,618 to €59,860
- Gross operating margin +€3,406
up €3,406 (+8.6%), from €39,760 to €43,166
- Other operating charges +€1,382
up €1,382 (+98.6%), from €1,402 to €2,784
- Financial income +€1,129
up €1,129 (+511%), from €221 to €1,350
- Taxes +€1,002
up €1,002 (+12.6%), from €7,930 to €8,932
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 | €45,789 | €77,185 | +€31,396 | +68.6% |
| Fixed assets | 21/28 | €1,674 | €2,397 | +€723 | +43.2% |
| Tangible fixed assets | 22/27 | €1,674 | €2,397 | +€723 | +43.2% |
| Plant, machinery and equipment | 23 | €1,674 | €517 | -€1,157 | -69.1% |
| Furniture and vehicles | 24 | - | €1,880 | +€1,880 | |
| Current assets | 29/58 | €44,115 | €74,788 | +€30,673 | +69.5% |
| Amounts receivable within one year | 40/41 | €20,885 | €54,768 | +€33,883 | +162% |
| Trade receivables | 40 | €9,770 | €9,075 | -€695 | -7.1% |
| Other amounts receivable | 41 | €11,115 | €45,693 | +€34,578 | +311% |
| Cash at bank and in hand | 54/58 | €19,919 | €16,861 | -€3,058 | -15.4% |
| Deferred charges and accrued income | 490/1 | €3,311 | €3,159 | -€152 | -4.6% |
| Total equity and liabilities | 10/49 | €45,789 | €77,185 | +€31,396 | +68.6% |
| Equity | 10/15 | €31,618 | €62,860 | +€31,242 | +98.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | €3,000 | - | -€3,000 | |
| Other | 1109/19 | €3,000 | - | -€3,000 | |
| Profit (loss) carried forward | 14 | €28,618 | €59,860 | +€31,242 | +109% |
| Amounts payable | 17/49 | €14,171 | €14,325 | +€154 | +1.1% |
| Amounts payable within one year | 42/48 | €14,171 | €14,325 | +€154 | +1.1% |
| Trade debts | 44 | €689 | €253 | -€436 | -63.3% |
| Suppliers | 440/4 | €689 | €253 | -€436 | -63.3% |
| Taxes, remuneration and social security | 45 | €13,482 | €14,072 | +€590 | +4.4% |
| Taxes | 450/3 | €13,482 | €14,072 | +€590 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,833 | €1,418 | -€415 | -22.6% |
| Other operating charges | 640/8 | €1,402 | €2,784 | +€1,382 | +98.6% |
| Gross operating margin | 9900 | €39,760 | €43,166 | +€3,406 | +8.6% |
| Operating profit (loss) | 9901 | €36,525 | €38,964 | +€2,439 | +6.7% |
| Financial income | 75/76B | €221 | €1,350 | +€1,129 | +511% |
| Recurring financial income | 75 | €221 | €1,350 | +€1,129 | +511% |
| Financial charges | 65/66B | €198 | €140 | -€58 | -29.3% |
| Recurring financial charges | 65 | €198 | €140 | -€58 | -29.3% |
| Profit (loss) for the period before taxes | 9903 | €36,548 | €40,174 | +€3,626 | +9.9% |
| Income taxes | 67/77 | €7,930 | €8,932 | +€1,002 | +12.6% |
| Profit (loss) for the period | 9904 | €28,618 | €31,242 | +€2,624 | +9.2% |
| Profit (loss) for the period to be appropriated | 9905 | €28,618 | €31,242 | +€2,624 | +9.2% |
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 27 October 2026 via checked.be.