Gloribox: what changed
Two fiscal 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.
Gloribox
Largest movements
- Receivables within one year -€31,612
down €31,612 (-42.5%), from €74,425 to €42,813
of which Trade receivables: -€19,120
- Tangible fixed assets +€8,004
up €8,004 (+1.6%), from €505,846 to €513,850
of which Land and buildings: +€9,562
- Other debts +€182,206
up €182,206 (+1524.0%), from €11,956 to €194,161
- Short-term financial debts -€178,352
no longer reported in 2025 (was €178,352)
- Trade debts -€42,396
down €42,396 (-53.3%), from €79,534 to €37,138
- Reserves +€25,945
up €25,945 (+30.9%), from €84,062 to €110,007
of which Distributable reserves: +€25,945
- Debts after one year -€20,000
down €20,000 (-26.1%), from €76,666 to €56,666
- Gross operating margin +€33,209
up €33,209 (+59.8%), from €55,533 to €88,742
- Other operating charges +€17,285
up €17,285 (+578.7%), from €2,987 to €20,272
- Taxes +€6,351
up €6,351 (+65.9%), from €9,637 to €15,988
- Depreciation +€3,584
up €3,584 (+17.9%), from €20,048 to €23,632
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.
Cash bridge derived
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 | €600,176 | €575,559 | -€24,617 | -4.1% |
| Fixed assets | 21/28 | €505,846 | €513,850 | +€8,004 | +1.6% |
| Tangible fixed assets | 22/27 | €505,846 | €513,850 | +€8,004 | +1.6% |
| Land and buildings | 22 | €479,245 | €488,807 | +€9,562 | +2.0% |
| Plant, machinery and equipment | 23 | €17,512 | €18,700 | +€1,188 | +6.8% |
| Furniture and vehicles | 24 | €9,089 | €6,343 | -€2,746 | -30.2% |
| Current assets | 29/58 | €94,330 | €61,710 | -€32,621 | -34.6% |
| Amounts receivable within one year | 40/41 | €74,425 | €42,813 | -€31,612 | -42.5% |
| Trade receivables | 40 | €61,934 | €42,813 | -€19,120 | -30.9% |
| Other amounts receivable | 41 | €12,492 | - | -€12,492 | |
| Cash at bank and in hand | 54/58 | €19,250 | €17,945 | -€1,305 | -6.8% |
| Deferred charges and accrued income | 490/1 | €655 | €951 | +€296 | +45.3% |
| Total equity and liabilities | 10/49 | €600,176 | €575,559 | -€24,617 | -4.1% |
| Equity | 10/15 | €223,061 | €249,007 | +€25,946 | +11.6% |
| Contributions | 10/11 | €62,400 | €62,400 | = | 0.0% |
| Reserves | 13 | €84,062 | €110,007 | +€25,945 | +30.9% |
| Non-distributable reserves | 130/1 | €6,240 | €6,240 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,240 | €6,240 | = | 0.0% |
| Distributable reserves | 133 | €77,822 | €103,767 | +€25,945 | +33.3% |
| Profit (loss) carried forward | 14 | €76,599 | €76,600 | +€1 | 0.0% |
| Amounts payable | 17/49 | €377,115 | €326,552 | -€50,562 | -13.4% |
| Amounts payable after more than one year | 17 | €76,666 | €56,666 | -€20,000 | -26.1% |
| Financial debts | 170/4 | €76,666 | €56,666 | -€20,000 | -26.1% |
| Amounts payable within one year | 42/48 | €300,448 | €269,886 | -€30,562 | -10.2% |
| Current portion of amounts payable after more than one year | 42 | €20,000 | €20,000 | = | 0.0% |
| Financial debts | 43 | €178,352 | - | -€178,352 | |
| Credit institutions | 430/8 | €178,352 | - | -€178,352 | |
| Trade debts | 44 | €79,534 | €37,138 | -€42,396 | -53.3% |
| Suppliers | 440/4 | €79,534 | €37,138 | -€42,396 | -53.3% |
| Taxes, remuneration and social security | 45 | €10,606 | €18,586 | +€7,980 | +75.2% |
| Taxes | 450/3 | €10,606 | €18,586 | +€7,980 | +75.2% |
| Other amounts payable | 47/48 | €11,956 | €194,161 | +€182,206 | +1524.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,048 | €23,632 | +€3,584 | +17.9% |
| Other operating charges | 640/8 | €2,987 | €20,272 | +€17,285 | +578.7% |
| Gross operating margin | 9900 | €55,533 | €88,742 | +€33,209 | +59.8% |
| Operating profit (loss) | 9901 | €32,498 | €44,838 | +€12,340 | +38.0% |
| Financial income | 75/76B | €85 | €120 | +€34 | +40.3% |
| Recurring financial income | 75 | €85 | €120 | +€34 | +40.3% |
| Financial charges | 65/66B | €3,314 | €3,024 | -€290 | -8.7% |
| Recurring financial charges | 65 | €3,314 | €3,024 | -€290 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €29,269 | €41,934 | +€12,664 | +43.3% |
| Income taxes | 67/77 | €9,637 | €15,988 | +€6,351 | +65.9% |
| Profit (loss) for the period | 9904 | €19,632 | €25,946 | +€6,313 | +32.2% |
| Profit (loss) for the period to be appropriated | 9905 | €19,632 | €25,946 | +€6,313 | +32.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.