GLOW Community: 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.
GLOW Community
Largest movements
- Receivables within one year -€1,272
no longer reported in 2025 (was €1,272)
of which Trade receivables: -€908
- Cash -€199
down €199 (-24.3%), from €820 to €620
mainly Other debts (-€7,070) and Trade debts (-€1,008)
- Other debts -€7,070
down €7,070 (-87.7%), from €8,059 to €989
- Profit (loss) carried forward +€6,509
up €6,509 (+52.0%), from -€12,520 to -€6,011
- Trade debts -€1,008
down €1,008 (-65.0%), from €1,552 to €544
- Tax, wage and social debts +€98
new in 2025: €98
- Gross operating margin +€8,659
up €8,659, from -€1,450 to €7,209
- Purchases and services -€5,811
down €5,811 (-68.1%), from €8,530 to €2,719
- Turnover +€2,848
up €2,848 (+40.2%), from €7,080 to €9,927
- Other operating charges -€532
down €532 (-49.5%), from €1,076 to €544
- Financial charges -€202
down €202 (-56.5%), from €358 to €156
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 | €2,091 | €620 | -€1,471 | -70.3% |
| Current assets | 29/58 | €2,091 | €620 | -€1,471 | -70.3% |
| Amounts receivable within one year | 40/41 | €1,272 | - | -€1,272 | |
| Trade receivables | 40 | €908 | - | -€908 | |
| Other amounts receivable | 41 | €364 | - | -€364 | |
| Cash at bank and in hand | 54/58 | €820 | €620 | -€199 | -24.3% |
| Total equity and liabilities | 10/49 | €2,091 | €620 | -€1,471 | -70.3% |
| Equity | 10/15 | -€7,520 | -€1,011 | +€6,509 | +86.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,520 | -€6,011 | +€6,509 | +52.0% |
| Amounts payable | 17/49 | €9,611 | €1,631 | -€7,980 | -83.0% |
| Amounts payable within one year | 42/48 | €9,611 | €1,631 | -€7,980 | -83.0% |
| Trade debts | 44 | €1,552 | €544 | -€1,008 | -65.0% |
| Suppliers | 440/4 | €1,552 | €544 | -€1,008 | -65.0% |
| Taxes, remuneration and social security | 45 | - | €98 | +€98 | |
| Taxes | 450/3 | - | €98 | +€98 | |
| Other amounts payable | 47/48 | €8,059 | €989 | -€7,070 | -87.7% |
| Turnover | 70 | €7,080 | €9,927 | +€2,848 | +40.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €8,530 | €2,719 | -€5,811 | -68.1% |
| Other operating charges | 640/8 | €1,076 | €544 | -€532 | -49.5% |
| Gross operating margin | 9900 | -€1,450 | €7,209 | +€8,659 | |
| Operating profit (loss) | 9901 | -€2,526 | €6,665 | +€9,191 | |
| Financial income | 75/76B | €27 | - | -€27 | |
| Recurring financial income | 75 | €27 | - | -€27 | |
| Financial charges | 65/66B | €358 | €156 | -€202 | -56.5% |
| Recurring financial charges | 65 | €358 | €156 | -€202 | -56.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,857 | €6,509 | +€9,366 | |
| Profit (loss) for the period | 9904 | -€2,857 | €6,509 | +€9,366 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,857 | €6,509 | +€9,366 |
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 26 October 2026 via checked.be.