GLSOFT-IT CONSULTING: 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.
GLSOFT-IT CONSULTING
Largest movements
- Cash +€10,983
up €10,983 (+24.3%), from €45,227 to €56,211
mainly Receivables within one year (+€9,512) and Net result for the year (+€4,964)
- Receivables within one year -€9,512
down €9,512 (-57.9%), from €16,431 to €6,919
of which Trade receivables: -€5,280
- Tangible fixed assets -€2,985
down €2,985 (-24.7%), from €12,090 to €9,105
of which Furniture and vehicles: -€2,127
- Reserves +€4,950
up €4,950 (+16.1%), from €30,800 to €35,750
- Other debts -€4,178
down €4,178 (-45.4%), from €9,197 to €5,018
- Trade debts -€1,767
down €1,767 (-24.4%), from €7,255 to €5,489
- Tax, wage and social debts -€947
down €947 (-18.2%), from €5,204 to €4,256
of which Taxes: -€2,447
- Gross operating margin -€12,993
down €12,993 (-50.0%), from €25,972 to €12,979
- Depreciation -€4,009
down €4,009 (-48.0%), from €8,349 to €4,340
- Taxes -€2,120
down €2,120 (-43.2%), from €4,904 to €2,783
- Other operating charges -€1,349
down €1,349 (-75.6%), from €1,785 to €436
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 | €74,566 | €72,638 | -€1,928 | -2.6% |
| Fixed assets | 21/28 | €12,180 | €9,195 | -€2,985 | -24.5% |
| Tangible fixed assets | 22/27 | €12,090 | €9,105 | -€2,985 | -24.7% |
| Furniture and vehicles | 24 | €7,611 | €5,484 | -€2,127 | -27.9% |
| Leasing and similar rights | 25 | €4,479 | €3,621 | -€858 | -19.2% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €62,387 | €63,443 | +€1,057 | +1.7% |
| Amounts receivable within one year | 40/41 | €16,431 | €6,919 | -€9,512 | -57.9% |
| Trade receivables | 40 | €12,091 | €6,811 | -€5,280 | -43.7% |
| Other amounts receivable | 41 | €4,340 | €107 | -€4,232 | -97.5% |
| Cash at bank and in hand | 54/58 | €45,227 | €56,211 | +€10,983 | +24.3% |
| Deferred charges and accrued income | 490/1 | €729 | €314 | -€415 | -56.9% |
| Total equity and liabilities | 10/49 | €74,566 | €72,638 | -€1,928 | -2.6% |
| Equity | 10/15 | €52,911 | €57,875 | +€4,964 | +9.4% |
| Contributions | 10/11 | €20,020 | €20,020 | = | 0.0% |
| Reserves | 13 | €30,800 | €35,750 | +€4,950 | +16.1% |
| Distributable reserves | 133 | €30,800 | €35,750 | +€4,950 | +16.1% |
| Profit (loss) carried forward | 14 | €2,091 | €2,105 | +€14 | +0.7% |
| Amounts payable | 17/49 | €21,655 | €14,763 | -€6,892 | -31.8% |
| Amounts payable within one year | 42/48 | €21,655 | €14,763 | -€6,892 | -31.8% |
| Trade debts | 44 | €7,255 | €5,489 | -€1,767 | -24.4% |
| Suppliers | 440/4 | €7,255 | €5,489 | -€1,767 | -24.4% |
| Taxes, remuneration and social security | 45 | €5,204 | €4,256 | -€947 | -18.2% |
| Taxes | 450/3 | €5,204 | €2,756 | -€2,447 | -47.0% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €9,197 | €5,018 | -€4,178 | -45.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,349 | €4,340 | -€4,009 | -48.0% |
| Other operating charges | 640/8 | €1,785 | €436 | -€1,349 | -75.6% |
| Non-recurring operating charges | 66A | €2,118 | €246 | -€1,872 | -88.4% |
| Gross operating margin | 9900 | €25,972 | €12,979 | -€12,993 | -50.0% |
| Operating profit (loss) | 9901 | €13,720 | €7,957 | -€5,763 | -42.0% |
| Financial income | 75/76B | €4 | €1 | -€3 | -84.4% |
| Recurring financial income | 75 | €4 | €1 | -€3 | -84.4% |
| Financial charges | 65/66B | €226 | €210 | -€16 | -7.1% |
| Recurring financial charges | 65 | €226 | €210 | -€16 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €13,497 | €7,747 | -€5,750 | -42.6% |
| Income taxes | 67/77 | €4,904 | €2,783 | -€2,120 | -43.2% |
| Profit (loss) for the period | 9904 | €8,594 | €4,964 | -€3,630 | -42.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,594 | €4,964 | -€3,630 | -42.2% |
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 18 October 2026 via checked.be.