GLIBERT Bruno: 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.
GLIBERT Bruno
Largest movements
- Receivables within one year -€53,303
down €53,303 (-75.8%), from €70,284 to €16,982
of which Trade receivables: -€42,858
- Cash -€25,260
no longer reported in 2025 (was €25,260)
mainly Net result for the year (-€105,181) and Other debts (-€11,153)
- Tangible fixed assets -€4,190
down €4,190 (-8.8%), from €47,416 to €43,225
of which Furniture and vehicles: -€9,698
- Profit (loss) carried forward -€105,181
down €105,181, from €37,528 to -€67,653
- Short-term financial debts +€18,016
new in 2025: €18,016
- Other debts -€11,153
down €11,153 (-16.9%), from €65,984 to €54,831
- Tax, wage and social debts +€9,065
up €9,065 (+38.7%), from €23,427 to €32,492
of which Remuneration and social security: +€8,591
- Trade debts +€7,190
up €7,190 (+36.5%), from €19,695 to €26,885
- Gross operating margin -€155,211
down €155,211 (-54.4%), from €285,061 to €129,850
- Taxes -€12,946
down €12,946 (-98.3%), from €13,175 to €229
- Staff costs -€7,719
down €7,719 (-3.4%), from €226,556 to €218,837
- Depreciation +€7,175
up €7,175 (+126%), from €5,693 to €12,868
- Financial income +€2,954
up €2,954 (+84,165%), from €4 to €2,958
of which Non-recurring financial income: +€2,931
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 | €148,135 | €66,071 | -€82,064 | -55.4% |
| Fixed assets | 21/28 | €50,066 | €45,875 | -€4,190 | -8.4% |
| Tangible fixed assets | 22/27 | €47,416 | €43,225 | -€4,190 | -8.8% |
| Plant, machinery and equipment | 23 | €5,639 | €4,368 | -€1,270 | -22.5% |
| Furniture and vehicles | 24 | €41,777 | €32,079 | -€9,698 | -23.2% |
| Leasing and similar rights | 25 | - | €6,777 | +€6,777 | |
| Financial fixed assets | 28 | €2,650 | €2,650 | = | 0.0% |
| Current assets | 29/58 | €98,069 | €20,196 | -€77,873 | -79.4% |
| Amounts receivable within one year | 40/41 | €70,284 | €16,982 | -€53,303 | -75.8% |
| Trade receivables | 40 | €56,513 | €13,655 | -€42,858 | -75.8% |
| Other amounts receivable | 41 | €13,772 | €3,327 | -€10,445 | -75.8% |
| Cash at bank and in hand | 54/58 | €25,260 | - | -€25,260 | |
| Deferred charges and accrued income | 490/1 | €2,525 | €3,214 | +€689 | +27.3% |
| Total equity and liabilities | 10/49 | €148,135 | €66,071 | -€82,064 | -55.4% |
| Equity | 10/15 | €39,028 | -€66,153 | -€105,181 | |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,528 | -€67,653 | -€105,181 | |
| Amounts payable | 17/49 | €109,107 | €132,224 | +€23,118 | +21.2% |
| Amounts payable within one year | 42/48 | €109,107 | €132,224 | +€23,118 | +21.2% |
| Financial debts | 43 | - | €18,016 | +€18,016 | |
| Credit institutions | 430/8 | - | €18,016 | +€18,016 | |
| Trade debts | 44 | €19,695 | €26,885 | +€7,190 | +36.5% |
| Suppliers | 440/4 | €19,695 | €26,885 | +€7,190 | +36.5% |
| Taxes, remuneration and social security | 45 | €23,427 | €32,492 | +€9,065 | +38.7% |
| Taxes | 450/3 | €13,974 | €14,448 | +€474 | +3.4% |
| Remuneration and social security | 454/9 | €9,453 | €18,044 | +€8,591 | +90.9% |
| Other amounts payable | 47/48 | €65,984 | €54,831 | -€11,153 | -16.9% |
| Remuneration, social security and pensions | 62 | €226,556 | €218,837 | -€7,719 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,693 | €12,868 | +€7,175 | +126% |
| Other operating charges | 640/8 | €2,059 | €1,704 | -€355 | -17.2% |
| Non-recurring operating charges | 66A | - | €3,719 | +€3,719 | |
| Gross operating margin | 9900 | €285,061 | €129,850 | -€155,211 | -54.4% |
| Operating profit (loss) | 9901 | €50,754 | -€107,277 | -€158,031 | |
| Financial income | 75/76B | €4 | €2,958 | +€2,954 | +84,165% |
| Recurring financial income | 75 | €4 | €27 | +€24 | +670% |
| Non-recurring financial income | 76B | - | €2,931 | +€2,931 | |
| Financial charges | 65/66B | €55 | €633 | +€578 | +1,056% |
| Recurring financial charges | 65 | €55 | €633 | +€578 | +1,056% |
| Profit (loss) for the period before taxes | 9903 | €50,702 | -€104,952 | -€155,655 | |
| Income taxes | 67/77 | €13,175 | €229 | -€12,946 | -98.3% |
| Profit (loss) for the period | 9904 | €37,528 | -€105,181 | -€142,709 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,528 | -€105,181 | -€142,709 |
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 17 October 2026 via checked.be.