GLUCKSKLEE: 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.
GLUCKSKLEE
Largest movements
- Cash +€126,372
up €126,372 (+130.6%), from €96,739 to €223,111
mainly Net result for the year (+€167,112) and Receivables within one year (+€89,855)
- Tangible fixed assets +€120,766
up €120,766 (+82.7%), from €146,055 to €266,821
of which Furniture and vehicles: +€120,282
- Receivables within one year -€89,855
down €89,855 (-44.6%), from €201,553 to €111,698
of which Other amounts receivable: -€90,276
- Debts after one year +€72,639
new in 2025: €72,639
- Reserves +€57,286
up €57,286 (+6.2%), from €925,509 to €982,796
- Current portion of long-term debt +€20,044
new in 2025: €20,044
- Tax, wage and social debts +€14,707
up €14,707 (+41.5%), from €35,417 to €50,124
- Depreciation +€16,890
up €16,890 (+1277.5%), from €1,322 to €18,212
- Gross operating margin +€6,510
up €6,510 (+2.7%), from €243,757 to €250,267
- Financial charges +€4,673
up €4,673, from -€2,734 to €1,939
- Taxes -€4,621
down €4,621 (-5.7%), from €81,642 to €77,021
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 | €974,056 | €1,132,927 | +€158,871 | +16.3% |
| Fixed assets | 21/28 | €146,055 | €266,821 | +€120,766 | +82.7% |
| Tangible fixed assets | 22/27 | €146,055 | €266,821 | +€120,766 | +82.7% |
| Furniture and vehicles | 24 | €161 | €120,443 | +€120,282 | +74487.1% |
| Other tangible fixed assets | 26 | €145,893 | €146,378 | +€484 | +0.3% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €828,001 | €866,106 | +€38,105 | +4.6% |
| Amounts receivable after more than one year | 29 | €375,000 | €375,000 | = | 0.0% |
| Other amounts receivable | 291 | €375,000 | €375,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €201,553 | €111,698 | -€89,855 | -44.6% |
| Trade receivables | 40 | €31,248 | €31,670 | +€422 | +1.3% |
| Other amounts receivable | 41 | €170,305 | €80,029 | -€90,276 | -53.0% |
| Current investments | 50/53 | €150,000 | €150,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €96,739 | €223,111 | +€126,372 | +130.6% |
| Deferred charges and accrued income | 490/1 | €4,709 | €6,297 | +€1,588 | +33.7% |
| Total equity and liabilities | 10/49 | €974,056 | €1,132,927 | +€158,871 | +16.3% |
| Equity | 10/15 | €931,709 | €988,996 | +€57,286 | +6.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €925,509 | €982,796 | +€57,286 | +6.2% |
| Distributable reserves | 133 | €925,509 | €982,796 | +€57,286 | +6.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €42,347 | €143,931 | +€101,584 | +239.9% |
| Amounts payable after more than one year | 17 | - | €72,639 | +€72,639 | |
| Financial debts | 170/4 | - | €72,639 | +€72,639 | |
| Amounts payable within one year | 42/48 | €42,347 | €71,292 | +€28,945 | +68.4% |
| Current portion of amounts payable after more than one year | 42 | - | €20,044 | +€20,044 | |
| Trade debts | 44 | €6,930 | €1,124 | -€5,806 | -83.8% |
| Suppliers | 440/4 | €6,930 | €1,124 | -€5,806 | -83.8% |
| Taxes, remuneration and social security | 45 | €35,417 | €50,124 | +€14,707 | +41.5% |
| Taxes | 450/3 | €35,417 | €50,124 | +€14,707 | +41.5% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,322 | €18,212 | +€16,890 | +1277.5% |
| Other operating charges | 640/8 | €8,015 | €9,776 | +€1,761 | +22.0% |
| Gross operating margin | 9900 | €243,757 | €250,267 | +€6,510 | +2.7% |
| Operating profit (loss) | 9901 | €234,420 | €222,279 | -€12,141 | -5.2% |
| Financial income | 75/76B | €21,901 | €23,793 | +€1,892 | +8.6% |
| Recurring financial income | 75 | €21,901 | €23,793 | +€1,892 | +8.6% |
| Financial charges | 65/66B | -€2,734 | €1,939 | +€4,673 | |
| Recurring financial charges | 65 | -€2,734 | €1,939 | +€4,673 | |
| Profit (loss) for the period before taxes | 9903 | €259,054 | €244,133 | -€14,922 | -5.8% |
| Income taxes | 67/77 | €81,642 | €77,021 | -€4,621 | -5.7% |
| Profit (loss) for the period | 9904 | €177,413 | €167,112 | -€10,301 | -5.8% |
| Profit (loss) for the period to be appropriated | 9905 | €177,413 | €167,112 | -€10,301 | -5.8% |
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 11 October 2026 via checked.be.