GLO - Consult: 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.
GLO - Consult
Largest movements
- Cash +€23,484
up €23,484 (+7.4%), from €316,160 to €339,644
mainly Net result for the year (+€14,825) and Receivables within one year (+€5,155)
- Receivables within one year -€5,155
down €5,155 (-36.9%), from €13,980 to €8,825
of which Trade receivables: -€5,627
- Reserves +€14,825
up €14,825 (+4.8%), from €307,609 to €322,434
of which Distributable reserves: +€14,825
- Gross operating margin +€4,292
up €4,292 (+41.7%), from €10,280 to €14,572
- Taxes +€1,821
up €1,821 (+29.2%), from €6,243 to €8,064
- Financial income +€683
up €683 (+8.0%), from €8,576 to €9,259
- Other operating charges -€245
down €245 (-60.9%), from €402 to €157
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 | €331,204 | €348,925 | +€17,721 | +5.4% |
| Fixed assets | 21/28 | €1,064 | €456 | -€608 | -57.1% |
| Tangible fixed assets | 22/27 | €1,064 | €456 | -€608 | -57.1% |
| Furniture and vehicles | 24 | €1,064 | €456 | -€608 | -57.1% |
| Current assets | 29/58 | €330,140 | €348,469 | +€18,329 | +5.6% |
| Amounts receivable within one year | 40/41 | €13,980 | €8,825 | -€5,155 | -36.9% |
| Trade receivables | 40 | €6,635 | €1,008 | -€5,627 | -84.8% |
| Other amounts receivable | 41 | €7,345 | €7,817 | +€472 | +6.4% |
| Cash at bank and in hand | 54/58 | €316,160 | €339,644 | +€23,484 | +7.4% |
| Total equity and liabilities | 10/49 | €331,204 | €348,925 | +€17,721 | +5.4% |
| Equity | 10/15 | €327,609 | €342,434 | +€14,825 | +4.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €307,609 | €322,434 | +€14,825 | +4.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €307,609 | €322,434 | +€14,825 | +4.8% |
| Amounts payable | 17/49 | €3,595 | €6,491 | +€2,895 | +80.5% |
| Amounts payable within one year | 42/48 | €3,595 | €6,491 | +€2,895 | +80.5% |
| Trade debts | 44 | €28 | €0 | -€28 | -100% |
| Suppliers | 440/4 | €28 | €0 | -€28 | -100% |
| Taxes, remuneration and social security | 45 | €3,568 | €6,491 | +€2,923 | +81.9% |
| Taxes | 450/3 | €3,568 | €6,491 | +€2,923 | +81.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €608 | €608 | = | 0.0% |
| Other operating charges | 640/8 | €402 | €157 | -€245 | -60.9% |
| Gross operating margin | 9900 | €10,280 | €14,572 | +€4,292 | +41.7% |
| Operating profit (loss) | 9901 | €9,270 | €13,807 | +€4,536 | +48.9% |
| Financial income | 75/76B | €8,576 | €9,259 | +€683 | +8.0% |
| Recurring financial income | 75 | €8,576 | €9,259 | +€683 | +8.0% |
| Financial charges | 65/66B | €174 | €176 | +€2 | +1.0% |
| Recurring financial charges | 65 | €174 | €176 | +€2 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | €17,672 | €22,890 | +€5,218 | +29.5% |
| Income taxes | 67/77 | €6,243 | €8,064 | +€1,821 | +29.2% |
| Profit (loss) for the period | 9904 | €11,429 | €14,825 | +€3,396 | +29.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,429 | €14,825 | +€3,396 | +29.7% |
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 15 October 2026 via checked.be.