GLOOW ANTWERPEN: what changed
GLOOW ANTWERPEN
Largest movements
- Receivables within one year +€41,741
up €41,741 (+63.2%), from €66,016 to €107,757
of which Trade receivables: +€45,134
- Cash +€20,638
up €20,638 (+71.5%), from €28,884 to €49,522
mainly Tax, wage and social debts (+€58,469) and Net result for the year (+€18,153)
- Tangible fixed assets +€12,023
up €12,023 (+47.1%), from €25,511 to €37,534
of which Other tangible fixed assets: +€11,141
- Tax, wage and social debts +€58,469
up €58,469 (+89.0%), from €65,728 to €124,197
of which Remuneration and social security: +€36,018
- Profit (loss) carried forward +€18,153
new in 2023: €18,153
- Gross operating margin +€150,155
up €150,155 (+107%), from €140,809 to €290,964
- Staff costs +€123,609
up €123,609 (+93.6%), from €131,993 to €255,602
- Taxes +€5,257
up €5,257 (+481%), from €1,094 to €6,351
- Depreciation +€3,556
up €3,556 (+90.2%), from €3,943 to €7,499
Change in the result, 2022 to 2023
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2022 and 2023 balance sheets and the 2023 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €120,411 | €196,306 | +€75,895 | +63.0% |
| Fixed assets | 21/28 | €25,511 | €37,534 | +€12,023 | +47.1% |
| Tangible fixed assets | 22/27 | €25,511 | €37,534 | +€12,023 | +47.1% |
| Plant, machinery and equipment | 23 | €25,511 | €26,393 | +€882 | +3.5% |
| Other tangible fixed assets | 26 | - | €11,141 | +€11,141 | |
| Current assets | 29/58 | €94,900 | €158,773 | +€63,873 | +67.3% |
| Amounts receivable within one year | 40/41 | €66,016 | €107,757 | +€41,741 | +63.2% |
| Trade receivables | 40 | €56,140 | €101,274 | +€45,134 | +80.4% |
| Other amounts receivable | 41 | €9,876 | €6,484 | -€3,392 | -34.3% |
| Cash at bank and in hand | 54/58 | €28,884 | €49,522 | +€20,638 | +71.5% |
| Deferred charges and accrued income | 490/1 | - | €1,493 | +€1,493 | |
| Total equity and liabilities | 10/49 | €120,411 | €196,306 | +€75,895 | +63.0% |
| Equity | 10/15 | €4,412 | €22,565 | +€18,153 | +411% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €3,412 | €3,412 | +€0 | 0.0% |
| Distributable reserves | 133 | €3,412 | €3,412 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | - | €18,153 | +€18,153 | |
| Amounts payable | 17/49 | €115,999 | €173,742 | +€57,743 | +49.8% |
| Amounts payable within one year | 42/48 | €115,999 | €173,742 | +€57,743 | +49.8% |
| Trade debts | 44 | €50,271 | €49,545 | -€726 | -1.4% |
| Suppliers | 440/4 | €50,271 | €49,545 | -€726 | -1.4% |
| Taxes, remuneration and social security | 45 | €65,728 | €124,197 | +€58,469 | +89.0% |
| Taxes | 450/3 | €32,490 | €54,941 | +€22,451 | +69.1% |
| Remuneration and social security | 454/9 | €33,238 | €69,256 | +€36,018 | +108% |
| Remuneration, social security and pensions | 62 | €131,993 | €255,602 | +€123,609 | +93.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,943 | €7,499 | +€3,556 | +90.2% |
| Other operating charges | 640/8 | €150 | €2,554 | +€2,404 | +1,602% |
| Gross operating margin | 9900 | €140,809 | €290,964 | +€150,155 | +107% |
| Operating profit (loss) | 9901 | €4,723 | €25,309 | +€20,586 | +436% |
| Financial income | 75/76B | €668 | €248 | -€420 | -62.9% |
| Recurring financial income | 75 | €668 | €248 | -€420 | -62.9% |
| Financial charges | 65/66B | €885 | €1,054 | +€169 | +19.1% |
| Recurring financial charges | 65 | €885 | €1,054 | +€169 | +19.1% |
| Profit (loss) for the period before taxes | 9903 | €4,506 | €24,503 | +€19,997 | +444% |
| Income taxes | 67/77 | €1,094 | €6,351 | +€5,257 | +481% |
| Profit (loss) for the period | 9904 | €3,412 | €18,153 | +€14,741 | +432% |
| Profit (loss) for the period to be appropriated | 9905 | €3,412 | €18,153 | +€14,741 | +432% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.