GLINE: 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.
GLINE
Largest movements
- Cash +€43,119
up €43,119 (+75.2%), from €57,371 to €100,490
mainly Net result for the year (+€37,609) and Depreciation (+€8,178)
- Tangible fixed assets -€8,178
down €8,178 (-28.7%), from €28,474 to €20,296
of which Leasing and similar rights: -€7,028
- Receivables within one year -€6,911
no longer reported in 2025 (was €6,911)
- Profit (loss) carried forward +€37,609
up €37,609 (+78.7%), from €47,773 to €85,382
- Debts after one year -€5,732
down €5,732 (-37.3%), from €15,374 to €9,642
- Other debts -€1,824
down €1,824 (-43.3%), from €4,215 to €2,391
- Tax, wage and social debts -€1,816
down €1,816 (-10.6%), from €17,208 to €15,392
- Gross operating margin -€3,542
down €3,542 (-5.7%), from €61,904 to €58,362
- Taxes -€624
down €624 (-5.7%), from €11,003 to €10,379
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 | €94,414 | €122,060 | +€27,647 | +29.3% |
| Fixed assets | 21/28 | €28,474 | €20,296 | -€8,178 | -28.7% |
| Tangible fixed assets | 22/27 | €28,474 | €20,296 | -€8,178 | -28.7% |
| Furniture and vehicles | 24 | €2,730 | €1,581 | -€1,150 | -42.1% |
| Leasing and similar rights | 25 | €25,744 | €18,716 | -€7,028 | -27.3% |
| Current assets | 29/58 | €65,939 | €101,764 | +€35,825 | +54.3% |
| Amounts receivable within one year | 40/41 | €6,911 | - | -€6,911 | |
| Trade receivables | 40 | €6,911 | - | -€6,911 | |
| Cash at bank and in hand | 54/58 | €57,371 | €100,490 | +€43,119 | +75.2% |
| Deferred charges and accrued income | 490/1 | €1,658 | €1,274 | -€384 | -23.1% |
| Total equity and liabilities | 10/49 | €94,414 | €122,060 | +€27,647 | +29.3% |
| Equity | 10/15 | €50,773 | €88,382 | +€37,609 | +74.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,773 | €85,382 | +€37,609 | +78.7% |
| Amounts payable | 17/49 | €43,641 | €33,679 | -€9,962 | -22.8% |
| Amounts payable after more than one year | 17 | €15,374 | €9,642 | -€5,732 | -37.3% |
| Financial debts | 170/4 | €15,374 | €9,642 | -€5,732 | -37.3% |
| Amounts payable within one year | 42/48 | €28,267 | €24,037 | -€4,230 | -15.0% |
| Current portion of amounts payable after more than one year | 42 | €5,471 | €5,732 | +€261 | +4.8% |
| Trade debts | 44 | €1,373 | €522 | -€851 | -62.0% |
| Suppliers | 440/4 | €1,373 | €522 | -€851 | -62.0% |
| Taxes, remuneration and social security | 45 | €17,208 | €15,392 | -€1,816 | -10.6% |
| Taxes | 450/3 | €17,208 | €15,392 | -€1,816 | -10.6% |
| Other amounts payable | 47/48 | €4,215 | €2,391 | -€1,824 | -43.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,044 | €8,178 | +€134 | +1.7% |
| Other operating charges | 640/8 | €900 | €1,140 | +€240 | +26.7% |
| Gross operating margin | 9900 | €61,904 | €58,362 | -€3,542 | -5.7% |
| Operating profit (loss) | 9901 | €52,960 | €49,044 | -€3,916 | -7.4% |
| Financial charges | 65/66B | €1,344 | €1,056 | -€288 | -21.4% |
| Recurring financial charges | 65 | €1,344 | €1,056 | -€288 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | €51,616 | €47,988 | -€3,628 | -7.0% |
| Income taxes | 67/77 | €11,003 | €10,379 | -€624 | -5.7% |
| Profit (loss) for the period | 9904 | €40,613 | €37,609 | -€3,004 | -7.4% |
| Profit (loss) for the period to be appropriated | 9905 | €40,613 | €37,609 | -€3,004 | -7.4% |
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 11 October 2026 via checked.be.