GLISKO: what changed
What changed
GLISKO
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€14,568
2024 · -€3,509+€18,077
Equity
€199,107
2024 · €184,539+€14,568
Cash
€6,842
2024 · €5,898+€944
Balance sheet total
€280,822
2024 · €278,646+€2,176
Largest movements
Assets
- Tangible fixed assets +€9,188
up €9,188 (+11.4%), from €80,529 to €89,716
of which Furniture and vehicles: +€10,320
- Receivables within one year -€7,332
down €7,332 (-17.3%), from €42,373 to €35,041
of which Trade receivables: -€7,810
Equity and liabilities
- Debts after one year -€18,244
down €18,244 (-24.0%), from €76,000 to €57,756
- Reserves +€14,568
up €14,568 (+16.9%), from €86,039 to €100,607
- Accrued charges and deferred income -€9,680
no longer reported in 2025 (was €9,680)
- Current portion of long-term debt +€9,122
new in 2025: €9,122
- Tax, wage and social debts +€6,446
up €6,446 (+90.8%), from €7,097 to €13,543
Income statement
- Gross operating margin +€31,923
up €31,923, from -€742 to €31,182
- Taxes +€9,878
up €9,878, from -€63 to €9,815
- Depreciation +€3,295
up €3,295 (+291%), from €1,132 to €4,427
- Other operating charges +€497
up €497 (+29.7%), from €1,672 to €2,169
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€3,509
Gross operating margin
+€31,923
Depreciation
-€3,295
Other operating charges
-€497
Financial income
-€31
Financial charges
-€146
Taxes
-€9,878
Result 2025
€14,568
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€22,631
Investment
-€12,565
Financing
-€9,122
Cash 2024
€5,898
From operations (derived)
+€22,631
Net result for the year
+€14,568
Depreciation
+€4,427
Receivables within one year
+€7,332
Deferred charges and accrued income
-€426
Trade debts
-€36
Tax, wage and social debts
+€6,446
Accrued charges and deferred income
-€9,680
Investment (derived)
-€12,565
Investment in fixed assets (net)
-€12,565
Financing
-€9,122
Debts after one year
-€18,244
Current portion of long-term debt
+€9,122
Cash 2025
€6,842
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €278,646 | €280,822 | +€2,176 | +0.8% |
| Fixed assets | 21/28 | €230,079 | €238,216 | +€8,138 | +3.5% |
| Tangible fixed assets | 22/27 | €80,529 | €89,716 | +€9,188 | +11.4% |
| Land and buildings | 22 | €80,529 | €79,396 | -€1,132 | -1.4% |
| Furniture and vehicles | 24 | - | €10,320 | +€10,320 | |
| Financial fixed assets | 28 | €149,550 | €148,500 | -€1,050 | -0.7% |
| Current assets | 29/58 | €48,568 | €42,606 | -€5,962 | -12.3% |
| Amounts receivable within one year | 40/41 | €42,373 | €35,041 | -€7,332 | -17.3% |
| Trade receivables | 40 | €12,840 | €5,030 | -€7,810 | -60.8% |
| Other amounts receivable | 41 | €29,533 | €30,011 | +€478 | +1.6% |
| Cash at bank and in hand | 54/58 | €5,898 | €6,842 | +€944 | +16.0% |
| Deferred charges and accrued income | 490/1 | €297 | €723 | +€426 | +143% |
| Total equity and liabilities | 10/49 | €278,646 | €280,822 | +€2,176 | +0.8% |
| Equity | 10/15 | €184,539 | €199,107 | +€14,568 | +7.9% |
| Contributions | 10/11 | €98,500 | €98,500 | = | 0.0% |
| Reserves | 13 | €86,039 | €100,607 | +€14,568 | +16.9% |
| Distributable reserves | 133 | €86,039 | €100,607 | +€14,568 | +16.9% |
| Amounts payable | 17/49 | €94,108 | €81,715 | -€12,392 | -13.2% |
| Amounts payable after more than one year | 17 | €76,000 | €57,756 | -€18,244 | -24.0% |
| Financial debts | 170/4 | €76,000 | €57,756 | -€18,244 | -24.0% |
| Amounts payable within one year | 42/48 | €8,428 | €23,959 | +€15,531 | +184% |
| Current portion of amounts payable after more than one year | 42 | - | €9,122 | +€9,122 | |
| Trade debts | 44 | €1,330 | €1,294 | -€36 | -2.7% |
| Suppliers | 440/4 | €1,330 | €1,294 | -€36 | -2.7% |
| Taxes, remuneration and social security | 45 | €7,097 | €13,543 | +€6,446 | +90.8% |
| Taxes | 450/3 | €7,097 | €13,543 | +€6,446 | +90.8% |
| Accrued charges and deferred income | 492/3 | €9,680 | - | -€9,680 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,132 | €4,427 | +€3,295 | +291% |
| Other operating charges | 640/8 | €1,672 | €2,169 | +€497 | +29.7% |
| Gross operating margin | 9900 | -€742 | €31,182 | +€31,923 | |
| Operating profit (loss) | 9901 | -€3,546 | €24,585 | +€28,131 | |
| Financial income | 75/76B | €31 | - | -€31 | |
| Recurring financial income | 75 | €31 | - | -€31 | |
| Financial charges | 65/66B | €56 | €202 | +€146 | +258% |
| Recurring financial charges | 65 | €56 | €202 | +€146 | +258% |
| Profit (loss) for the period before taxes | 9903 | -€3,572 | €24,383 | +€27,955 | |
| Income taxes | 67/77 | -€63 | €9,815 | +€9,878 | |
| Profit (loss) for the period | 9904 | -€3,509 | €14,568 | +€18,077 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,509 | €14,568 | +€18,077 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.