GLS BUSINESS SERVICES: what changed
What changed
GLS BUSINESS SERVICES
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€24,534
2024 · €25,862-€1,329
Equity
€176,500
2024 · €158,967+€17,534
Cash
€6,899
2024 · €3,681+€3,218
Balance sheet total
€182,905
2024 · €169,276+€13,628
Largest movements
Assets
- Current investments +€20,024
up €20,024 (+5,843%), from €343 to €20,367
- Tangible fixed assets -€10,717
down €10,717 (-6.7%), from €160,451 to €149,734
- Cash +€3,218
up €3,218 (+87.4%), from €3,681 to €6,899
mainly Net result for the year (+€24,534) and Depreciation (+€10,717)
Equity and liabilities
- Reserves +€17,534
up €17,534 (+11.5%), from €152,767 to €170,300
- Tax, wage and social debts -€2,714
down €2,714 (-67.0%), from €4,048 to €1,334
Income statement
- Financial charges +€921
up €921 (+112%), from €821 to €1,742
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.
Result 2024
€25,862
Gross operating margin
-€527
Depreciation
+€0
Other operating charges
+€387
Financial income
-€22
Financial charges
-€921
Taxes
-€245
Result 2025
€24,534
raises the resultlowers the result
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.
From operations
+€31,294
Investment
-€20,024
Financing
-€8,052
Cash 2024
€3,681
From operations (derived)
+€31,294
Net result for the year
+€24,534
Depreciation
+€10,717
Receivables within one year
-€1,104
Trade debts
-€139
Tax, wage and social debts
-€2,714
Investment (derived)
-€20,024
Current investments
-€20,024
Financing
-€8,052
Debts after one year
-€1,052
Contributions, distributions and other
-€7,000
Cash 2025
€6,899
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €169,276 | €182,905 | +€13,628 | +8.1% |
| Fixed assets | 21/28 | €160,451 | €149,734 | -€10,717 | -6.7% |
| Tangible fixed assets | 22/27 | €160,451 | €149,734 | -€10,717 | -6.7% |
| Other tangible fixed assets | 26 | €160,451 | €149,734 | -€10,717 | -6.7% |
| Current assets | 29/58 | €8,825 | €33,171 | +€24,346 | +276% |
| Amounts receivable within one year | 40/41 | €4,801 | €5,905 | +€1,104 | +23.0% |
| Trade receivables | 40 | €4,801 | €5,905 | +€1,104 | +23.0% |
| Current investments | 50/53 | €343 | €20,367 | +€20,024 | +5,843% |
| Cash at bank and in hand | 54/58 | €3,681 | €6,899 | +€3,218 | +87.4% |
| Total equity and liabilities | 10/49 | €169,276 | €182,905 | +€13,628 | +8.1% |
| Equity | 10/15 | €158,967 | €176,500 | +€17,534 | +11.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €152,767 | €170,300 | +€17,534 | +11.5% |
| Distributable reserves | 133 | €152,767 | €170,300 | +€17,534 | +11.5% |
| Amounts payable | 17/49 | €10,310 | €6,404 | -€3,905 | -37.9% |
| Amounts payable after more than one year | 17 | €1,367 | €315 | -€1,052 | -76.9% |
| Financial debts | 170/4 | €1,367 | €315 | -€1,052 | -76.9% |
| Amounts payable within one year | 42/48 | €8,943 | €6,089 | -€2,854 | -31.9% |
| Trade debts | 44 | €4,895 | €4,755 | -€139 | -2.8% |
| Suppliers | 440/4 | €4,895 | €4,755 | -€139 | -2.8% |
| Taxes, remuneration and social security | 45 | €4,048 | €1,334 | -€2,714 | -67.0% |
| Taxes | 450/3 | €4,048 | €1,334 | -€2,714 | -67.0% |
| Non-recurring operating income | 76A | €2,321 | - | -€2,321 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,717 | €10,717 | -€0 | 0.0% |
| Other operating charges | 640/8 | €3,416 | €3,029 | -€387 | -11.3% |
| Gross operating margin | 9900 | €53,887 | €53,360 | -€527 | -1.0% |
| Operating profit (loss) | 9901 | €39,753 | €39,613 | -€140 | -0.4% |
| Financial income | 75/76B | €57 | €35 | -€22 | -38.8% |
| Recurring financial income | 75 | €57 | €35 | -€22 | -38.8% |
| Financial charges | 65/66B | €821 | €1,742 | +€921 | +112% |
| Recurring financial charges | 65 | €821 | €1,742 | +€921 | +112% |
| Profit (loss) for the period before taxes | 9903 | €38,989 | €37,905 | -€1,084 | -2.8% |
| Income taxes | 67/77 | €13,127 | €13,372 | +€245 | +1.9% |
| Profit (loss) for the period | 9904 | €25,862 | €24,534 | -€1,329 | -5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €25,862 | €24,534 | -€1,329 | -5.1% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.