Gloubiboulga: what changed
Gloubiboulga
Largest movements
- Cash -€1,995
down €1,995 (-17.0%), from €11,752 to €9,757
mainly Receivables within one year (-€1,089) and Tax, wage and social debts (-€614)
- Receivables within one year +€1,089
up €1,089 (+150%), from €726 to €1,815
- Tax, wage and social debts -€614
down €614 (-20.1%), from €3,047 to €2,434
- Other debts -€437
down €437 (-21.4%), from €2,046 to €1,609
- Profit (loss) carried forward +€350
up €350 (+163%), from €215 to €564
- Trade debts -€317
no longer reported in 2025 (was €317)
- Gross operating margin -€1,090
down €1,090 (-48.5%), from €2,248 to €1,158
- Depreciation -€218
down €218 (-66.1%), from €329 to €112
- Taxes -€130
down €130 (-17.5%), from €743 to €613
- Financial charges +€24
up €24 (+32.1%), from €74 to €98
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,625 | €11,607 | -€1,018 | -8.1% |
| Fixed assets | 21/28 | €147 | €35 | -€112 | -76.0% |
| Tangible fixed assets | 22/27 | €147 | €35 | -€112 | -76.0% |
| Furniture and vehicles | 24 | €147 | €35 | -€112 | -76.0% |
| Current assets | 29/58 | €12,478 | €11,572 | -€906 | -7.3% |
| Amounts receivable within one year | 40/41 | €726 | €1,815 | +€1,089 | +150% |
| Trade receivables | 40 | €726 | €1,815 | +€1,089 | +150% |
| Cash at bank and in hand | 54/58 | €11,752 | €9,757 | -€1,995 | -17.0% |
| Total equity and liabilities | 10/49 | €12,625 | €11,607 | -€1,018 | -8.1% |
| Equity | 10/15 | €7,215 | €7,564 | +€350 | +4.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €6,000 | €6,000 | = | 0.0% |
| Distributable reserves | 133 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €215 | €564 | +€350 | +163% |
| Amounts payable | 17/49 | €5,410 | €4,043 | -€1,367 | -25.3% |
| Amounts payable within one year | 42/48 | €5,410 | €4,043 | -€1,367 | -25.3% |
| Trade debts | 44 | €317 | - | -€317 | |
| Suppliers | 440/4 | €317 | - | -€317 | |
| Taxes, remuneration and social security | 45 | €3,047 | €2,434 | -€614 | -20.1% |
| Taxes | 450/3 | €3,047 | €2,434 | -€614 | -20.1% |
| Other amounts payable | 47/48 | €2,046 | €1,609 | -€437 | -21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €329 | €112 | -€218 | -66.1% |
| Gross operating margin | 9900 | €2,248 | €1,158 | -€1,090 | -48.5% |
| Operating profit (loss) | 9901 | €1,918 | €1,046 | -€872 | -45.5% |
| Financial income | 75/76B | - | €14 | +€14 | |
| Recurring financial income | 75 | - | €14 | +€14 | |
| Financial charges | 65/66B | €74 | €98 | +€24 | +32.1% |
| Recurring financial charges | 65 | €74 | €98 | +€24 | +32.1% |
| Profit (loss) for the period before taxes | 9903 | €1,844 | €962 | -€882 | -47.8% |
| Income taxes | 67/77 | €743 | €613 | -€130 | -17.5% |
| Profit (loss) for the period | 9904 | €1,101 | €350 | -€752 | -68.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,101 | €350 | -€752 | -68.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.