GLORIANNAH: 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.
GLORIANNAH
Largest movements
- Cash +€65,881
up €65,881 (+2,640%), from €2,495 to €68,376
mainly Net result for the year (+€49,669) and Receivables within one year (+€9,774)
- Receivables within one year -€9,774
down €9,774 (-91.7%), from €10,664 to €889
of which Trade receivables: -€10,500
- Tangible fixed assets +€1,705
new in 2025: €1,705
- Reserves +€49,669
up €49,669 (+845%), from €5,881 to €55,550
- Tax, wage and social debts +€7,437
up €7,437 (+337%), from €2,205 to €9,642
- Trade debts +€980
up €980 (+62.3%), from €1,573 to €2,553
- Gross operating margin +€62,345
up €62,345 (+771%), from €8,086 to €70,431
- Taxes +€17,936
up €17,936 (+813%), from €2,205 to €20,142
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 | €13,159 | €71,246 | +€58,087 | +441% |
| Fixed assets | 21/28 | - | €1,705 | +€1,705 | |
| Tangible fixed assets | 22/27 | - | €1,705 | +€1,705 | |
| Land and buildings | 22 | - | €1,705 | +€1,705 | |
| Current assets | 29/58 | €13,159 | €69,541 | +€56,381 | +428% |
| Amounts receivable within one year | 40/41 | €10,664 | €889 | -€9,774 | -91.7% |
| Trade receivables | 40 | €10,500 | €0 | -€10,500 | -100% |
| Other amounts receivable | 41 | €164 | €889 | +€726 | +443% |
| Cash at bank and in hand | 54/58 | €2,495 | €68,376 | +€65,881 | +2,640% |
| Deferred charges and accrued income | 490/1 | - | €275 | +€275 | |
| Total equity and liabilities | 10/49 | €13,159 | €71,246 | +€58,087 | +441% |
| Equity | 10/15 | €9,381 | €59,050 | +€49,669 | +529% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €5,881 | €55,550 | +€49,669 | +845% |
| Distributable reserves | 133 | €5,881 | €55,550 | +€49,669 | +845% |
| Amounts payable | 17/49 | €3,778 | €12,196 | +€8,417 | +223% |
| Amounts payable within one year | 42/48 | €3,778 | €12,196 | +€8,417 | +223% |
| Trade debts | 44 | €1,573 | €2,553 | +€980 | +62.3% |
| Suppliers | 440/4 | €1,573 | €2,553 | +€980 | +62.3% |
| Taxes, remuneration and social security | 45 | €2,205 | €9,642 | +€7,437 | +337% |
| Taxes | 450/3 | €2,205 | €9,642 | +€7,437 | +337% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €303 | +€303 | |
| Other operating charges | 640/8 | - | €121 | +€121 | |
| Gross operating margin | 9900 | €8,086 | €70,431 | +€62,345 | +771% |
| Operating profit (loss) | 9901 | €8,086 | €70,007 | +€61,921 | +766% |
| Financial income | 75/76B | - | €20 | +€20 | |
| Recurring financial income | 75 | - | €20 | +€20 | |
| Financial charges | 65/66B | - | €216 | +€216 | |
| Recurring financial charges | 65 | - | €216 | +€216 | |
| Profit (loss) for the period before taxes | 9903 | €8,086 | €69,811 | +€61,725 | +763% |
| Income taxes | 67/77 | €2,205 | €20,142 | +€17,936 | +813% |
| Profit (loss) for the period | 9904 | €5,881 | €49,669 | +€43,788 | +745% |
| Profit (loss) for the period to be appropriated | 9905 | €5,881 | €49,669 | +€43,788 | +745% |
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 17 October 2026 via checked.be.