Gloriaan: 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.
Gloriaan
Largest movements
- Cash -€4,045
down €4,045 (-24.8%), from €16,295 to €12,250
mainly Net result for the year (-€1,989) and Receivables within one year (-€1,218)
- Receivables within one year +€1,218
up €1,218 (+45.1%), from €2,700 to €3,918
of which Other amounts receivable: +€2,912
- Profit (loss) carried forward -€1,989
down €1,989 (-1,931%), from -€103 to -€2,092
- Trade debts -€944
down €944 (-9.2%), from €10,226 to €9,282
- Gross operating margin -€2,259
down €2,259, from €534 to -€1,725
- Other operating charges -€280
down €280 (-51.5%), from €544 to €264
- Financial charges -€93
no longer reported in 2023 (was €93)
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,701 | €18,740 | -€2,961 | -13.6% |
| Formation expenses | 20 | €1,045 | €1,045 | = | 0.0% |
| Fixed assets | 21/28 | €1 | €1 | = | 0.0% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Current assets | 29/58 | €20,655 | €17,694 | -€2,961 | -14.3% |
| Stocks and contracts in progress | 3 | €1,500 | €1,500 | = | 0.0% |
| Stocks | 30/36 | €1,500 | €1,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,700 | €3,918 | +€1,218 | +45.1% |
| Trade receivables | 40 | €2,700 | €1,006 | -€1,694 | -62.7% |
| Other amounts receivable | 41 | - | €2,912 | +€2,912 | |
| Cash at bank and in hand | 54/58 | €16,295 | €12,250 | -€4,045 | -24.8% |
| Deferred charges and accrued income | 490/1 | €160 | €26 | -€134 | -83.8% |
| Total equity and liabilities | 10/49 | €21,701 | €18,740 | -€2,961 | -13.6% |
| Equity | 10/15 | €11,447 | €9,458 | -€1,989 | -17.4% |
| Contributions | 10/11 | €11,550 | €11,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€103 | -€2,092 | -€1,989 | -1,931% |
| Amounts payable | 17/49 | €10,254 | €9,282 | -€972 | -9.5% |
| Amounts payable within one year | 42/48 | €10,254 | €9,282 | -€972 | -9.5% |
| Trade debts | 44 | €10,226 | €9,282 | -€944 | -9.2% |
| Suppliers | 440/4 | €10,226 | €9,282 | -€944 | -9.2% |
| Taxes, remuneration and social security | 45 | €28 | - | -€28 | |
| Taxes | 450/3 | €28 | - | -€28 | |
| Other operating charges | 640/8 | €544 | €264 | -€280 | -51.5% |
| Gross operating margin | 9900 | €534 | -€1,725 | -€2,259 | |
| Operating profit (loss) | 9901 | -€10 | -€1,989 | -€1,979 | -19,790% |
| Financial charges | 65/66B | €93 | - | -€93 | |
| Recurring financial charges | 65 | €93 | - | -€93 | |
| Profit (loss) for the period before taxes | 9903 | -€103 | -€1,989 | -€1,886 | -1,831% |
| Profit (loss) for the period | 9904 | -€103 | -€1,989 | -€1,886 | -1,831% |
| Profit (loss) for the period to be appropriated | 9905 | -€103 | -€1,989 | -€1,886 | -1,831% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.