GLORIA DAMESKLEDING: 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.
GLORIA DAMESKLEDING
Largest movements
- Tangible fixed assets +€127,567
up €127,567 (+452%), from €28,229 to €155,796
of which Other tangible fixed assets: +€135,692
- Cash +€27,227
up €27,227 (+53.4%), from €50,986 to €78,213
mainly Other debts (+€96,771) and Debts after one year (+€28,762)
- Receivables within one year +€13,295
up €13,295 (+191%), from €6,973 to €20,268
of which Other amounts receivable: +€7,538
- Deferred charges and accrued income -€3,995
down €3,995 (-57.9%), from €6,898 to €2,903
- Stocks and contracts -€3,326
down €3,326 (-7.3%), from €45,558 to €42,232
- Other debts +€96,771
up €96,771 (+1,207%), from €8,018 to €104,788
- Debts after one year +€28,762
up €28,762 (+180%), from €15,972 to €44,734
- Reserves +€20,246
up €20,246 (+69.6%), from €29,078 to €49,324
- Tax, wage and social debts +€15,246
up €15,246 (+101%), from €15,039 to €30,285
of which Taxes: +€14,625
- Trade debts -€10,436
down €10,436 (-24.9%), from €41,939 to €31,503
- Gross operating margin +€41,424
up €41,424 (+136%), from €30,549 to €71,973
- Depreciation +€10,467
up €10,467 (+73.8%), from €14,180 to €24,647
- Financial charges +€6,142
up €6,142 (+185%), from €3,326 to €9,468
- Staff costs +€3,570
up €3,570 (+33.0%), from €10,820 to €14,390
- Taxes +€1,481
up €1,481 (+288%), from €514 to €1,996
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 | €138,644 | €299,412 | +€160,768 | +116% |
| Fixed assets | 21/28 | €28,229 | €155,796 | +€127,567 | +452% |
| Tangible fixed assets | 22/27 | €28,229 | €155,796 | +€127,567 | +452% |
| Plant, machinery and equipment | 23 | €752 | €405 | -€347 | -46.2% |
| Furniture and vehicles | 24 | €15,821 | €8,044 | -€7,778 | -49.2% |
| Other tangible fixed assets | 26 | €11,656 | €147,348 | +€135,692 | +1,164% |
| Current assets | 29/58 | €110,415 | €143,615 | +€33,201 | +30.1% |
| Stocks and contracts in progress | 3 | €45,558 | €42,232 | -€3,326 | -7.3% |
| Stocks | 30/36 | €45,558 | €42,232 | -€3,326 | -7.3% |
| Amounts receivable within one year | 40/41 | €6,973 | €20,268 | +€13,295 | +191% |
| Trade receivables | 40 | €6,973 | €12,729 | +€5,757 | +82.6% |
| Other amounts receivable | 41 | - | €7,538 | +€7,538 | |
| Cash at bank and in hand | 54/58 | €50,986 | €78,213 | +€27,227 | +53.4% |
| Deferred charges and accrued income | 490/1 | €6,898 | €2,903 | -€3,995 | -57.9% |
| Total equity and liabilities | 10/49 | €138,644 | €299,412 | +€160,768 | +116% |
| Equity | 10/15 | €47,678 | €67,924 | +€20,246 | +42.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €29,078 | €49,324 | +€20,246 | +69.6% |
| Distributable reserves | 133 | €29,078 | €49,324 | +€20,246 | +69.6% |
| Amounts payable | 17/49 | €90,966 | €231,488 | +€140,522 | +154% |
| Amounts payable after more than one year | 17 | €15,972 | €44,734 | +€28,762 | +180% |
| Financial debts | 170/4 | €15,972 | €44,734 | +€28,762 | +180% |
| Amounts payable within one year | 42/48 | €74,994 | €186,754 | +€111,760 | +149% |
| Current portion of amounts payable after more than one year | 42 | €9,998 | €8,651 | -€1,347 | -13.5% |
| Financial debts | 43 | - | €7,500 | +€7,500 | |
| Other loans | 439 | - | €7,500 | +€7,500 | |
| Trade debts | 44 | €41,939 | €31,503 | -€10,436 | -24.9% |
| Suppliers | 440/4 | €41,939 | €31,503 | -€10,436 | -24.9% |
| Advances received on contracts in progress | 46 | - | €4,027 | +€4,027 | |
| Taxes, remuneration and social security | 45 | €15,039 | €30,285 | +€15,246 | +101% |
| Taxes | 450/3 | €10,719 | €25,343 | +€14,625 | +136% |
| Remuneration and social security | 454/9 | €4,320 | €4,942 | +€621 | +14.4% |
| Other amounts payable | 47/48 | €8,018 | €104,788 | +€96,771 | +1,207% |
| Remuneration, social security and pensions | 62 | €10,820 | €14,390 | +€3,570 | +33.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,180 | €24,647 | +€10,467 | +73.8% |
| Other operating charges | 640/8 | €1,104 | €1,344 | +€241 | +21.8% |
| Gross operating margin | 9900 | €30,549 | €71,973 | +€41,424 | +136% |
| Operating profit (loss) | 9901 | €4,445 | €31,592 | +€27,147 | +611% |
| Financial income | 75/76B | €80 | €118 | +€38 | +46.9% |
| Recurring financial income | 75 | €80 | €118 | +€38 | +46.9% |
| Financial charges | 65/66B | €3,326 | €9,468 | +€6,142 | +185% |
| Recurring financial charges | 65 | €3,326 | €9,468 | +€6,142 | +185% |
| Profit (loss) for the period before taxes | 9903 | €1,199 | €22,242 | +€21,043 | +1,755% |
| Income taxes | 67/77 | €514 | €1,996 | +€1,481 | +288% |
| Profit (loss) for the period | 9904 | €685 | €20,246 | +€19,561 | +2,857% |
| Profit (loss) for the period to be appropriated | 9905 | €685 | €20,246 | +€19,561 | +2,857% |
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 20 October 2026 via checked.be.