GLION: 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.
GLION
Largest movements
- Receivables within one year +€86,666
up €86,666 (+64.3%), from €134,806 to €221,472
of which Other amounts receivable: +€63,058
- Receivables after one year -€70,000
no longer reported in 2025 (was €70,000)
- Intangible fixed assets -€19,822
down €19,822 (-22.2%), from €89,115 to €69,293
- Stocks and contracts -€15,225
down €15,225 (-55.7%), from €27,335 to €12,110
- Cash -€9,405
down €9,405 (-90.0%), from €10,454 to €1,050
mainly Receivables within one year (-€86,666) and Contributions, distributions and other (-€65,000)
- Other debts +€82,115
new in 2025: €82,115
- Reserves -€55,686
down €55,686 (-32.5%), from €171,489 to €115,802
of which Distributable reserves: -€55,686
- Trade debts -€33,912
down €33,912 (-42.0%), from €80,834 to €46,922
- Tax, wage and social debts -€16,948
down €16,948 (-52.6%), from €32,241 to €15,293
- Other operating charges -€5,918
down €5,918 (-93.9%), from €6,302 to €384
- Gross operating margin -€5,203
down €5,203 (-11.5%), from €45,235 to €40,032
- Financial charges -€1,115
down €1,115 (-12.8%), from €8,713 to €7,598
- Depreciation -€915
down €915 (-3.9%), from €23,593 to €22,678
- Taxes -€715
down €715 (-18.2%), from €3,925 to €3,210
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 | €340,499 | €314,258 | -€26,241 | -7.7% |
| Fixed assets | 21/28 | €92,149 | €72,261 | -€19,888 | -21.6% |
| Intangible fixed assets | 21 | €89,115 | €69,293 | -€19,822 | -22.2% |
| Tangible fixed assets | 22/27 | €2,829 | €2,763 | -€66 | -2.3% |
| Plant, machinery and equipment | 23 | €2,829 | €2,763 | -€66 | -2.3% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €248,350 | €241,997 | -€6,353 | -2.6% |
| Amounts receivable after more than one year | 29 | €70,000 | - | -€70,000 | |
| Other amounts receivable | 291 | €70,000 | - | -€70,000 | |
| Stocks and contracts in progress | 3 | €27,335 | €12,110 | -€15,225 | -55.7% |
| Stocks | 30/36 | €27,335 | €12,110 | -€15,225 | -55.7% |
| Amounts receivable within one year | 40/41 | €134,806 | €221,472 | +€86,666 | +64.3% |
| Trade receivables | 40 | €114,393 | €138,001 | +€23,608 | +20.6% |
| Other amounts receivable | 41 | €20,413 | €83,472 | +€63,058 | +309% |
| Cash at bank and in hand | 54/58 | €10,454 | €1,050 | -€9,405 | -90.0% |
| Deferred charges and accrued income | 490/1 | €5,754 | €7,365 | +€1,611 | +28.0% |
| Total equity and liabilities | 10/49 | €340,499 | €314,258 | -€26,241 | -7.7% |
| Equity | 10/15 | €177,689 | €122,002 | -€55,686 | -31.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €171,489 | €115,802 | -€55,686 | -32.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €169,629 | €113,942 | -€55,686 | -32.8% |
| Amounts payable | 17/49 | €162,810 | €192,256 | +€29,446 | +18.1% |
| Amounts payable within one year | 42/48 | €162,810 | €192,256 | +€29,446 | +18.1% |
| Financial debts | 43 | €49,735 | €47,926 | -€1,810 | -3.6% |
| Credit institutions | 430/8 | €49,735 | €47,926 | -€1,810 | -3.6% |
| Trade debts | 44 | €80,834 | €46,922 | -€33,912 | -42.0% |
| Suppliers | 440/4 | €80,834 | €46,922 | -€33,912 | -42.0% |
| Taxes, remuneration and social security | 45 | €32,241 | €15,293 | -€16,948 | -52.6% |
| Taxes | 450/3 | €32,241 | €15,293 | -€16,948 | -52.6% |
| Other amounts payable | 47/48 | - | €82,115 | +€82,115 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,593 | €22,678 | -€915 | -3.9% |
| Other operating charges | 640/8 | €6,302 | €384 | -€5,918 | -93.9% |
| Gross operating margin | 9900 | €45,235 | €40,032 | -€5,203 | -11.5% |
| Operating profit (loss) | 9901 | €15,340 | €16,970 | +€1,630 | +10.6% |
| Financial income | 75/76B | €2,967 | €3,153 | +€186 | +6.3% |
| Recurring financial income | 75 | €2,967 | €3,153 | +€186 | +6.3% |
| Financial charges | 65/66B | €8,713 | €7,598 | -€1,115 | -12.8% |
| Recurring financial charges | 65 | €8,713 | €7,598 | -€1,115 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €9,593 | €12,524 | +€2,930 | +30.5% |
| Income taxes | 67/77 | €3,925 | €3,210 | -€715 | -18.2% |
| Profit (loss) for the period | 9904 | €5,668 | €9,314 | +€3,646 | +64.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,668 | €9,314 | +€3,646 | +64.3% |
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 15 October 2026 via checked.be.