GLIX: 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.
GLIX
Largest movements
- Receivables within one year -€15,845
down €15,845 (-62.7%), from €25,256 to €9,411
of which Trade receivables: -€15,742
- Cash +€14,068
up €14,068 (+466.5%), from €3,016 to €17,083
mainly Receivables within one year (+€15,845) and Trade debts (+€7,930)
- Tangible fixed assets -€1,351
down €1,351 (-9.8%), from €13,844 to €12,493
of which Furniture and vehicles: -€1,120
- Trade debts +€7,930
up €7,930 (+96.7%), from €8,198 to €16,127
- Reserves -€7,153
down €7,153 (-25.8%), from €27,687 to €20,534
- Tax, wage and social debts -€4,000
down €4,000 (-67.6%), from €5,914 to €1,914
of which Remuneration and social security: -€4,000
- Gross operating margin -€15,500
down €15,500, from €13,347 to -€2,153
- Taxes -€1,914
down €1,914 (-100.0%), from €1,914 to €0
- Other operating charges +€851
up €851 (+205.8%), from €413 to €1,264
- Financial income +€255
up €255 (+18740.4%), from €1 to €256
- Depreciation +€248
up €248 (+6.7%), from €3,673 to €3,921
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 | €42,298 | €39,075 | -€3,223 | -7.6% |
| Fixed assets | 21/28 | €13,844 | €12,493 | -€1,351 | -9.8% |
| Tangible fixed assets | 22/27 | €13,844 | €12,493 | -€1,351 | -9.8% |
| Plant, machinery and equipment | 23 | €835 | €603 | -€231 | -27.7% |
| Furniture and vehicles | 24 | €13,010 | €11,890 | -€1,120 | -8.6% |
| Current assets | 29/58 | €28,454 | €26,582 | -€1,872 | -6.6% |
| Amounts receivable within one year | 40/41 | €25,256 | €9,411 | -€15,845 | -62.7% |
| Trade receivables | 40 | €16,738 | €996 | -€15,742 | -94.0% |
| Other amounts receivable | 41 | €8,518 | €8,416 | -€102 | -1.2% |
| Cash at bank and in hand | 54/58 | €3,016 | €17,083 | +€14,068 | +466.5% |
| Deferred charges and accrued income | 490/1 | €182 | €87 | -€95 | -52.1% |
| Total equity and liabilities | 10/49 | €42,298 | €39,075 | -€3,223 | -7.6% |
| Equity | 10/15 | €28,187 | €21,034 | -€7,153 | -25.4% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €27,687 | €20,534 | -€7,153 | -25.8% |
| Distributable reserves | 133 | €27,687 | €20,534 | -€7,153 | -25.8% |
| Amounts payable | 17/49 | €14,111 | €18,041 | +€3,930 | +27.8% |
| Amounts payable within one year | 42/48 | €14,111 | €18,041 | +€3,930 | +27.8% |
| Trade debts | 44 | €8,198 | €16,127 | +€7,930 | +96.7% |
| Suppliers | 440/4 | €8,198 | €16,127 | +€7,930 | +96.7% |
| Taxes, remuneration and social security | 45 | €5,914 | €1,914 | -€4,000 | -67.6% |
| Taxes | 450/3 | €1,914 | €1,914 | = | 0.0% |
| Remuneration and social security | 454/9 | €4,000 | €0 | -€4,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,673 | €3,921 | +€248 | +6.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €413 | €1,264 | +€851 | +205.8% |
| Gross operating margin | 9900 | €13,347 | -€2,153 | -€15,500 | |
| Operating profit (loss) | 9901 | €9,260 | -€7,339 | -€16,599 | |
| Financial income | 75/76B | €1 | €256 | +€255 | +18740.4% |
| Recurring financial income | 75 | €1 | €256 | +€255 | +18740.4% |
| Financial charges | 65/66B | €93 | €71 | -€22 | -23.5% |
| Recurring financial charges | 65 | €93 | €71 | -€22 | -23.5% |
| Profit (loss) for the period before taxes | 9903 | €9,169 | -€7,153 | -€16,322 | |
| Income taxes | 67/77 | €1,914 | €0 | -€1,914 | -100.0% |
| Profit (loss) for the period | 9904 | €7,255 | -€7,153 | -€14,408 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,255 | -€7,153 | -€14,408 |
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 10 October 2026 via checked.be.