GlennOps: what changed
Two fiscal 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.
GlennOps
Largest movements
- Cash +€39,551
up €39,551 (+20.4%), from €193,631 to €233,182
mainly Other debts (+€259,439) and Net result for the year (+€83,916)
- Tangible fixed assets -€3,908
down €3,908 (-8.7%), from €44,667 to €40,759
of which Furniture and vehicles: -€5,219
- Other debts +€259,439
up €259,439 (+2151.1%), from €12,061 to €271,500
- Profit (loss) carried forward -€222,878
down €222,878 (-99.7%), from €223,614 to €735
- Tax, wage and social debts -€5,674
down €5,674 (-28.7%), from €19,787 to €14,114
of which Taxes: -€7,152
- Trade debts +€3,555
up €3,555 (+4450.6%), from €80 to €3,635
- Gross operating margin -€20,278
down €20,278 (-14.6%), from €138,984 to €118,705
- Taxes -€4,939
down €4,939 (-15.3%), from €32,268 to €27,329
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.
Cash bridge derived
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 | €258,542 | €292,984 | +€34,442 | +13.3% |
| Fixed assets | 21/28 | €44,667 | €40,759 | -€3,908 | -8.7% |
| Tangible fixed assets | 22/27 | €44,667 | €40,759 | -€3,908 | -8.7% |
| Land and buildings | 22 | €30,716 | €29,955 | -€761 | -2.5% |
| Plant, machinery and equipment | 23 | - | €2,894 | +€2,894 | |
| Furniture and vehicles | 24 | €12,101 | €6,881 | -€5,219 | -43.1% |
| Other tangible fixed assets | 26 | €1,851 | €1,029 | -€822 | -44.4% |
| Current assets | 29/58 | €213,874 | €252,224 | +€38,350 | +17.9% |
| Amounts receivable within one year | 40/41 | €18,552 | €17,278 | -€1,274 | -6.9% |
| Trade receivables | 40 | €18,552 | €15,217 | -€3,335 | -18.0% |
| Other amounts receivable | 41 | - | €2,061 | +€2,061 | |
| Cash at bank and in hand | 54/58 | €193,631 | €233,182 | +€39,551 | +20.4% |
| Deferred charges and accrued income | 490/1 | €1,691 | €1,764 | +€73 | +4.3% |
| Total equity and liabilities | 10/49 | €258,542 | €292,984 | +€34,442 | +13.3% |
| Equity | 10/15 | €226,614 | €3,735 | -€222,878 | -98.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €223,614 | €735 | -€222,878 | -99.7% |
| Amounts payable | 17/49 | €31,928 | €289,248 | +€257,320 | +805.9% |
| Amounts payable within one year | 42/48 | €31,928 | €289,248 | +€257,320 | +805.9% |
| Trade debts | 44 | €80 | €3,635 | +€3,555 | +4450.6% |
| Suppliers | 440/4 | €80 | €3,635 | +€3,555 | +4450.6% |
| Taxes, remuneration and social security | 45 | €19,787 | €14,114 | -€5,674 | -28.7% |
| Taxes | 450/3 | €19,787 | €12,635 | -€7,152 | -36.1% |
| Remuneration and social security | 454/9 | - | €1,479 | +€1,479 | |
| Other amounts payable | 47/48 | €12,061 | €271,500 | +€259,439 | +2151.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,069 | €7,000 | +€931 | +15.3% |
| Other operating charges | 640/8 | €386 | €392 | +€5 | +1.4% |
| Gross operating margin | 9900 | €138,984 | €118,705 | -€20,278 | -14.6% |
| Operating profit (loss) | 9901 | €132,528 | €111,314 | -€21,215 | -16.0% |
| Financial income | 75/76B | €0 | €5 | +€5 | +7042.9% |
| Recurring financial income | 75 | €0 | €5 | +€5 | +7042.9% |
| Financial charges | 65/66B | €64 | €74 | +€11 | +16.8% |
| Recurring financial charges | 65 | €64 | €74 | +€11 | +16.8% |
| Profit (loss) for the period before taxes | 9903 | €132,465 | €111,244 | -€21,220 | -16.0% |
| Income taxes | 67/77 | €32,268 | €27,329 | -€4,939 | -15.3% |
| Profit (loss) for the period | 9904 | €100,197 | €83,916 | -€16,281 | -16.2% |
| Profit (loss) for the period to be appropriated | 9905 | €100,197 | €83,916 | -€16,281 | -16.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.