GLORI SOINS: 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.
GLORI SOINS
Largest movements
- Cash +€22,291
up €22,291 (+89.3%), from €24,961 to €47,252
mainly Net result for the year (+€29,194) and Trade debts (+€10,558)
- Receivables within one year +€10,904
up €10,904 (+14.9%), from €73,427 to €84,332
- Profit (loss) carried forward +€29,194
up €29,194 (+34.6%), from €84,428 to €113,622
- Trade debts +€10,558
up €10,558 (+567%), from €1,862 to €12,420
- Current portion of long-term debt -€4,695
down €4,695 (-49.8%), from €9,430 to €4,735
- Tax, wage and social debts -€1,800
no longer reported in 2025 (was €1,800)
- Gross operating margin -€10,568
down €10,568 (-22.6%), from €46,674 to €36,105
- Staff costs -€2,240
no longer reported in 2025 (was €2,240)
- Taxes -€1,769
down €1,769 (-17.3%), from €10,234 to €8,465
- Depreciation +€511
up €511 (+56.2%), from €908 to €1,419
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 | €102,520 | €135,789 | +€33,269 | +32.5% |
| Fixed assets | 21/28 | €3,840 | €2,737 | -€1,103 | -28.7% |
| Tangible fixed assets | 22/27 | €3,840 | €2,737 | -€1,103 | -28.7% |
| Plant, machinery and equipment | 23 | €1,202 | €823 | -€379 | -31.6% |
| Furniture and vehicles | 24 | €2,638 | €1,915 | -€723 | -27.4% |
| Current assets | 29/58 | €98,680 | €133,051 | +€34,372 | +34.8% |
| Amounts receivable within one year | 40/41 | €73,427 | €84,332 | +€10,904 | +14.9% |
| Other amounts receivable | 41 | €73,427 | €84,332 | +€10,904 | +14.9% |
| Cash at bank and in hand | 54/58 | €24,961 | €47,252 | +€22,291 | +89.3% |
| Deferred charges and accrued income | 490/1 | €292 | €1,468 | +€1,177 | +403% |
| Total equity and liabilities | 10/49 | €102,520 | €135,789 | +€33,269 | +32.5% |
| Equity | 10/15 | €89,428 | €118,622 | +€29,194 | +32.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €84,428 | €113,622 | +€29,194 | +34.6% |
| Amounts payable | 17/49 | €13,092 | €17,167 | +€4,075 | +31.1% |
| Amounts payable within one year | 42/48 | €13,092 | €17,155 | +€4,063 | +31.0% |
| Current portion of amounts payable after more than one year | 42 | €9,430 | €4,735 | -€4,695 | -49.8% |
| Trade debts | 44 | €1,862 | €12,420 | +€10,558 | +567% |
| Suppliers | 440/4 | €1,862 | €12,420 | +€10,558 | +567% |
| Taxes, remuneration and social security | 45 | €1,800 | - | -€1,800 | |
| Taxes | 450/3 | €1,800 | - | -€1,800 | |
| Accrued charges and deferred income | 492/3 | - | €12 | +€12 | |
| Remuneration, social security and pensions | 62 | €2,240 | - | -€2,240 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €908 | €1,419 | +€511 | +56.2% |
| Other operating charges | 640/8 | €316 | €383 | +€67 | +21.3% |
| Gross operating margin | 9900 | €46,674 | €36,105 | -€10,568 | -22.6% |
| Operating profit (loss) | 9901 | €43,209 | €34,303 | -€8,906 | -20.6% |
| Financial income | 75/76B | €4,103 | €4,025 | -€78 | -1.9% |
| Recurring financial income | 75 | €4,103 | €4,025 | -€78 | -1.9% |
| Financial charges | 65/66B | €862 | €670 | -€192 | -22.3% |
| Recurring financial charges | 65 | €862 | €670 | -€192 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | €46,450 | €37,659 | -€8,792 | -18.9% |
| Income taxes | 67/77 | €10,234 | €8,465 | -€1,769 | -17.3% |
| Profit (loss) for the period | 9904 | €36,217 | €29,194 | -€7,022 | -19.4% |
| Profit (loss) for the period to be appropriated | 9905 | €36,217 | €29,194 | -€7,022 | -19.4% |
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 16 October 2026 via checked.be.