GLP.BE: 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.
GLP.BE
Largest movements
- Intangible fixed assets -€16,876
down €16,876 (-34.2%), from €49,334 to €32,458
- Cash +€14,835
up €14,835 (+50.2%), from €29,549 to €44,384
mainly Depreciation (+€21,387) and Net result for the year (+€14,782)
- Tangible fixed assets +€5,633
up €5,633 (+35.1%), from €16,036 to €21,670
of which Furniture and vehicles: +€6,234
- Deferred charges and accrued income -€2,947
down €2,947 (-60.0%), from €4,910 to €1,962
- Reserves +€14,782
up €14,782 (+24.4%), from €60,530 to €75,312
- Other debts -€12,317
down €12,317 (-52.3%), from €23,531 to €11,213
- Trade debts -€1,209
down €1,209 (-35.1%), from €3,444 to €2,235
- Tax, wage and social debts -€1,155
down €1,155 (-13.5%), from €8,545 to €7,391
- Gross operating margin +€14,004
up €14,004 (+47.8%), from €29,297 to €43,300
- Taxes +€3,580
up €3,580 (+128.8%), from €2,779 to €6,359
- Depreciation +€1,759
up €1,759 (+9.0%), from €19,628 to €21,387
- Financial charges -€573
down €573 (-55.7%), from €1,030 to €457
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 | €101,050 | €101,150 | +€101 | +0.1% |
| Fixed assets | 21/28 | €65,370 | €54,127 | -€11,243 | -17.2% |
| Intangible fixed assets | 21 | €49,334 | €32,458 | -€16,876 | -34.2% |
| Tangible fixed assets | 22/27 | €16,036 | €21,670 | +€5,633 | +35.1% |
| Plant, machinery and equipment | 23 | €1,951 | €1,350 | -€601 | -30.8% |
| Furniture and vehicles | 24 | €14,085 | €20,319 | +€6,234 | +44.3% |
| Current assets | 29/58 | €35,680 | €47,023 | +€11,343 | +31.8% |
| Amounts receivable within one year | 40/41 | €1,221 | €677 | -€544 | -44.5% |
| Other amounts receivable | 41 | €1,221 | €677 | -€544 | -44.5% |
| Cash at bank and in hand | 54/58 | €29,549 | €44,384 | +€14,835 | +50.2% |
| Deferred charges and accrued income | 490/1 | €4,910 | €1,962 | -€2,947 | -60.0% |
| Total equity and liabilities | 10/49 | €101,050 | €101,150 | +€101 | +0.1% |
| Equity | 10/15 | €65,530 | €80,312 | +€14,782 | +22.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €60,530 | €75,312 | +€14,782 | +24.4% |
| Distributable reserves | 133 | €60,530 | €75,312 | +€14,782 | +24.4% |
| Amounts payable | 17/49 | €35,520 | €20,839 | -€14,681 | -41.3% |
| Amounts payable within one year | 42/48 | €35,520 | €20,839 | -€14,681 | -41.3% |
| Trade debts | 44 | €3,444 | €2,235 | -€1,209 | -35.1% |
| Suppliers | 440/4 | €3,444 | €2,235 | -€1,209 | -35.1% |
| Taxes, remuneration and social security | 45 | €8,545 | €7,391 | -€1,155 | -13.5% |
| Taxes | 450/3 | €8,545 | €7,391 | -€1,155 | -13.5% |
| Other amounts payable | 47/48 | €23,531 | €11,213 | -€12,317 | -52.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,628 | €21,387 | +€1,759 | +9.0% |
| Other operating charges | 640/8 | €237 | €316 | +€79 | +33.1% |
| Gross operating margin | 9900 | €29,297 | €43,300 | +€14,004 | +47.8% |
| Operating profit (loss) | 9901 | €9,432 | €21,598 | +€12,166 | +129.0% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,030 | €457 | -€573 | -55.7% |
| Recurring financial charges | 65 | €1,030 | €457 | -€573 | -55.7% |
| Profit (loss) for the period before taxes | 9903 | €8,402 | €21,141 | +€12,739 | +151.6% |
| Income taxes | 67/77 | €2,779 | €6,359 | +€3,580 | +128.8% |
| Profit (loss) for the period | 9904 | €5,623 | €14,782 | +€9,159 | +162.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,623 | €14,782 | +€9,159 | +162.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.