Glowy: 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.
Glowy
Largest movements
- Cash -€1,839
down €1,839 (-32.6%), from €5,646 to €3,808
mainly Net result for the year (-€3,576)
- Profit (loss) carried forward -€3,576
down €3,576 (-41.1%), from -€8,702 to -€12,279
- Trade debts +€1,738
up €1,738 (+40.0%), from €4,349 to €6,086
- Gross operating margin +€4,626
up €4,626 (+63.4%), from -€7,300 to -€2,674
- Other operating charges -€422
down €422 (-51.4%), from €822 to €400
- Financial charges -€78
down €78 (-13.4%), from €580 to €503
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,646 | €3,808 | -€1,839 | -32.6% |
| Current assets | 29/58 | €5,646 | €3,808 | -€1,839 | -32.6% |
| Cash at bank and in hand | 54/58 | €5,646 | €3,808 | -€1,839 | -32.6% |
| Total equity and liabilities | 10/49 | €5,646 | €3,808 | -€1,839 | -32.6% |
| Equity | 10/15 | €1,298 | -€2,279 | -€3,576 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,702 | -€12,279 | -€3,576 | -41.1% |
| Amounts payable | 17/49 | €4,349 | €6,086 | +€1,738 | +40.0% |
| Amounts payable within one year | 42/48 | €4,349 | €6,086 | +€1,738 | +40.0% |
| Trade debts | 44 | €4,349 | €6,086 | +€1,738 | +40.0% |
| Suppliers | 440/4 | €4,349 | €6,086 | +€1,738 | +40.0% |
| Other operating charges | 640/8 | €822 | €400 | -€422 | -51.4% |
| Gross operating margin | 9900 | -€7,300 | -€2,674 | +€4,626 | +63.4% |
| Operating profit (loss) | 9901 | -€8,122 | -€3,074 | +€5,048 | +62.2% |
| Financial charges | 65/66B | €580 | €503 | -€78 | -13.4% |
| Recurring financial charges | 65 | €580 | €503 | -€78 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,702 | -€3,576 | +€5,126 | +58.9% |
| Profit (loss) for the period | 9904 | -€8,702 | -€3,576 | +€5,126 | +58.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,702 | -€3,576 | +€5,126 | +58.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.