GLORIOUS GOODS TRADING: 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.
GLORIOUS GOODS TRADING
Largest movements
- Receivables within one year -€12,705
no longer reported in 2025 (was €12,705)
- Stocks and contracts -€7,321
no longer reported in 2025 (was €7,321)
- Tangible fixed assets -€1,524
down €1,524 (-23.3%), from €6,537 to €5,013
of which Furniture and vehicles: -€941
- Cash +€1,180
up €1,180 (+618%), from €191 to €1,371
mainly Net result for the year (+€17,137) and Receivables within one year (+€12,705)
- Other debts -€39,339
down €39,339 (-45.7%), from €86,058 to €46,719
- Profit (loss) carried forward +€17,137
up €17,137 (+20.8%), from -€82,262 to -€65,125
- Tax, wage and social debts +€1,623
up €1,623 (+38.0%), from €4,274 to €5,897
- Gross operating margin +€4,723
up €4,723 (+23.3%), from €20,271 to €24,994
- Taxes +€2,001
up €2,001, from -€1,727 to €274
- Depreciation +€877
up €877 (+45.2%), from €1,939 to €2,816
- Financial charges +€337
up €337 (+10.6%), from €3,168 to €3,505
- Other operating charges +€271
up €271 (+27.3%), from €991 to €1,262
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 | €26,754 | €6,384 | -€20,370 | -76.1% |
| Fixed assets | 21/28 | €6,537 | €5,013 | -€1,524 | -23.3% |
| Tangible fixed assets | 22/27 | €6,537 | €5,013 | -€1,524 | -23.3% |
| Plant, machinery and equipment | 23 | €2,642 | €2,059 | -€583 | -22.1% |
| Furniture and vehicles | 24 | €3,895 | €2,954 | -€941 | -24.2% |
| Current assets | 29/58 | €20,217 | €1,371 | -€18,846 | -93.2% |
| Stocks and contracts in progress | 3 | €7,321 | - | -€7,321 | |
| Stocks | 30/36 | €7,321 | - | -€7,321 | |
| Amounts receivable within one year | 40/41 | €12,705 | - | -€12,705 | |
| Trade receivables | 40 | €12,705 | - | -€12,705 | |
| Cash at bank and in hand | 54/58 | €191 | €1,371 | +€1,180 | +618% |
| Total equity and liabilities | 10/49 | €26,754 | €6,384 | -€20,370 | -76.1% |
| Equity | 10/15 | -€65,666 | -€48,529 | +€17,137 | +26.1% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €16,096 | €16,096 | = | 0.0% |
| Distributable reserves | 133 | €16,096 | €16,096 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€82,262 | -€65,125 | +€17,137 | +20.8% |
| Amounts payable | 17/49 | €92,420 | €54,913 | -€37,507 | -40.6% |
| Amounts payable within one year | 42/48 | €92,420 | €54,913 | -€37,507 | -40.6% |
| Trade debts | 44 | €2,088 | €2,297 | +€209 | +10.0% |
| Suppliers | 440/4 | €2,088 | €2,297 | +€209 | +10.0% |
| Taxes, remuneration and social security | 45 | €4,274 | €5,897 | +€1,623 | +38.0% |
| Taxes | 450/3 | €4,274 | €5,897 | +€1,623 | +38.0% |
| Other amounts payable | 47/48 | €86,058 | €46,719 | -€39,339 | -45.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,939 | €2,816 | +€877 | +45.2% |
| Other operating charges | 640/8 | €991 | €1,262 | +€271 | +27.3% |
| Gross operating margin | 9900 | €20,271 | €24,994 | +€4,723 | +23.3% |
| Operating profit (loss) | 9901 | €17,341 | €20,916 | +€3,575 | +20.6% |
| Financial charges | 65/66B | €3,168 | €3,505 | +€337 | +10.6% |
| Recurring financial charges | 65 | €3,168 | €3,505 | +€337 | +10.6% |
| Profit (loss) for the period before taxes | 9903 | €14,173 | €17,411 | +€3,238 | +22.8% |
| Income taxes | 67/77 | -€1,727 | €274 | +€2,001 | |
| Profit (loss) for the period | 9904 | €15,900 | €17,137 | +€1,237 | +7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,900 | €17,137 | +€1,237 | +7.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.