GLINTERIO: 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.
GLINTERIO
Largest movements
- Cash +€83,706
up €83,706 (+289%), from €28,985 to €112,690
mainly Other debts (+€49,127) and Tax, wage and social debts (+€20,935)
- Tangible fixed assets -€12,653
down €12,653 (-15.3%), from €82,606 to €69,954
of which Land and buildings: -€8,576
- Stocks and contracts -€10,400
down €10,400 (-7.3%), from €141,798 to €131,398
- Receivables within one year +€7,970
up €7,970 (+75.9%), from €10,497 to €18,467
of which Trade receivables: +€9,421
- Deferred charges and accrued income +€3,964
up €3,964 (+130%), from €3,039 to €7,002
- Other debts +€49,127
up €49,127 (+58.0%), from €84,714 to €133,841
- Tax, wage and social debts +€20,935
up €20,935 (+324%), from €6,465 to €27,400
- Debts after one year -€16,975
down €16,975 (-27.3%), from €62,083 to €45,108
- Profit (loss) carried forward +€13,972
up €13,972 (+9.9%), from -€141,679 to -€127,707
- Trade debts +€12,407
up €12,407 (+63.2%), from €19,643 to €32,049
- Gross operating margin +€85,318
up €85,318, from -€43,048 to €42,271
- Financial charges -€6,612
down €6,612 (-35.3%), from €18,741 to €12,129
- Other operating charges +€1,925
up €1,925 (+107%), from €1,791 to €3,715
- Depreciation +€572
up €572 (+4.7%), from €12,081 to €12,653
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 | €266,925 | €339,512 | +€72,587 | +27.2% |
| Fixed assets | 21/28 | €82,606 | €69,954 | -€12,653 | -15.3% |
| Tangible fixed assets | 22/27 | €82,606 | €69,954 | -€12,653 | -15.3% |
| Land and buildings | 22 | €66,521 | €57,945 | -€8,576 | -12.9% |
| Plant, machinery and equipment | 23 | €5,367 | - | -€5,367 | |
| Furniture and vehicles | 24 | €10,719 | €12,009 | +€1,290 | +12.0% |
| Current assets | 29/58 | €184,319 | €269,558 | +€85,240 | +46.2% |
| Stocks and contracts in progress | 3 | €141,798 | €131,398 | -€10,400 | -7.3% |
| Stocks | 30/36 | €141,798 | €131,398 | -€10,400 | -7.3% |
| Amounts receivable within one year | 40/41 | €10,497 | €18,467 | +€7,970 | +75.9% |
| Trade receivables | 40 | €5,823 | €15,244 | +€9,421 | +162% |
| Other amounts receivable | 41 | €4,674 | €3,223 | -€1,451 | -31.0% |
| Cash at bank and in hand | 54/58 | €28,985 | €112,690 | +€83,706 | +289% |
| Deferred charges and accrued income | 490/1 | €3,039 | €7,002 | +€3,964 | +130% |
| Total equity and liabilities | 10/49 | €266,925 | €339,512 | +€72,587 | +27.2% |
| Equity | 10/15 | -€121,679 | -€107,707 | +€13,972 | +11.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€141,679 | -€127,707 | +€13,972 | +9.9% |
| Amounts payable | 17/49 | €388,604 | €447,219 | +€58,615 | +15.1% |
| Amounts payable after more than one year | 17 | €62,083 | €45,108 | -€16,975 | -27.3% |
| Financial debts | 170/4 | €62,083 | €45,108 | -€16,975 | -27.3% |
| Amounts payable within one year | 42/48 | €319,248 | €400,601 | +€81,353 | +25.5% |
| Current portion of amounts payable after more than one year | 42 | €17,249 | €17,311 | +€62 | +0.4% |
| Financial debts | 43 | €190,000 | €190,000 | = | 0.0% |
| Credit institutions | 430/8 | €190,000 | €190,000 | = | 0.0% |
| Trade debts | 44 | €19,643 | €32,049 | +€12,407 | +63.2% |
| Suppliers | 440/4 | €19,643 | €32,049 | +€12,407 | +63.2% |
| Advances received on contracts in progress | 46 | €1,178 | €0 | -€1,178 | -100% |
| Taxes, remuneration and social security | 45 | €6,465 | €27,400 | +€20,935 | +324% |
| Taxes | 450/3 | €6,465 | €27,400 | +€20,935 | +324% |
| Other amounts payable | 47/48 | €84,714 | €133,841 | +€49,127 | +58.0% |
| Accrued charges and deferred income | 492/3 | €7,273 | €1,510 | -€5,763 | -79.2% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,081 | €12,653 | +€572 | +4.7% |
| Other operating charges | 640/8 | €1,791 | €3,715 | +€1,925 | +107% |
| Gross operating margin | 9900 | -€43,048 | €42,271 | +€85,318 | |
| Operating profit (loss) | 9901 | -€56,920 | €25,903 | +€82,822 | |
| Financial income | 75/76B | €0 | €199 | +€199 | +992,800% |
| Recurring financial income | 75 | €0 | €199 | +€199 | +992,800% |
| Financial charges | 65/66B | €18,741 | €12,129 | -€6,612 | -35.3% |
| Recurring financial charges | 65 | €18,741 | €12,129 | -€6,612 | -35.3% |
| Profit (loss) for the period before taxes | 9903 | -€75,661 | €13,972 | +€89,633 | |
| Profit (loss) for the period | 9904 | -€75,661 | €13,972 | +€89,633 | |
| Profit (loss) for the period to be appropriated | 9905 | -€75,661 | €13,972 | +€89,633 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.