GLUCODOC SRL: 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.
GLUCODOC SRL
Largest movements
- Cash +€95,501
up €95,501 (+90.1%), from €105,963 to €201,465
mainly Net result for the year (+€107,846) and Tax, wage and social debts (+€28,151)
- Deferred charges and accrued income +€21,244
up €21,244 (+22.8%), from €93,158 to €114,402
- Current investments -€8,415
down €8,415 (-9.7%), from €86,555 to €78,140
- Reserves +€78,442
up €78,442 (+23.5%), from €334,263 to €412,705
of which Distributable reserves: +€78,442
- Tax, wage and social debts +€28,151
up €28,151 (+366%), from €7,691 to €35,842
of which Taxes: +€27,409
- Gross operating margin +€52,643
up €52,643 (+51.3%), from €102,649 to €155,291
- Taxes +€17,394
up €17,394 (+57.7%), from €30,129 to €47,522
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 | €390,678 | €501,546 | +€110,868 | +28.4% |
| Fixed assets | 21/28 | €2,194 | €4,860 | +€2,666 | +122% |
| Tangible fixed assets | 22/27 | €2,109 | €4,775 | +€2,666 | +126% |
| Furniture and vehicles | 24 | €2,109 | €4,775 | +€2,666 | +126% |
| Financial fixed assets | 28 | €85 | €85 | = | 0.0% |
| Current assets | 29/58 | €388,485 | €496,686 | +€108,202 | +27.9% |
| Amounts receivable after more than one year | 29 | €99,666 | €102,680 | +€3,014 | +3.0% |
| Other amounts receivable | 291 | €99,666 | €102,680 | +€3,014 | +3.0% |
| Amounts receivable within one year | 40/41 | €3,143 | - | -€3,143 | |
| Other amounts receivable | 41 | €3,143 | - | -€3,143 | |
| Current investments | 50/53 | €86,555 | €78,140 | -€8,415 | -9.7% |
| Cash at bank and in hand | 54/58 | €105,963 | €201,465 | +€95,501 | +90.1% |
| Deferred charges and accrued income | 490/1 | €93,158 | €114,402 | +€21,244 | +22.8% |
| Total equity and liabilities | 10/49 | €390,678 | €501,546 | +€110,868 | +28.4% |
| Equity | 10/15 | €352,975 | €431,417 | +€78,442 | +22.2% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €334,263 | €412,705 | +€78,442 | +23.5% |
| Non-distributable reserves | 130/1 | €17,100 | €17,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €17,100 | €17,100 | = | 0.0% |
| Distributable reserves | 133 | €317,163 | €395,605 | +€78,442 | +24.7% |
| Profit (loss) carried forward | 14 | €17,212 | €17,212 | = | 0.0% |
| Amounts payable | 17/49 | €37,704 | €70,129 | +€32,426 | +86.0% |
| Amounts payable within one year | 42/48 | €36,707 | €66,011 | +€29,304 | +79.8% |
| Current portion of amounts payable after more than one year | 42 | €23,042 | €23,042 | = | 0.0% |
| Trade debts | 44 | €3,762 | €4,916 | +€1,154 | +30.7% |
| Suppliers | 440/4 | €3,762 | €4,916 | +€1,154 | +30.7% |
| Taxes, remuneration and social security | 45 | €7,691 | €35,842 | +€28,151 | +366% |
| Taxes | 450/3 | €7,271 | €34,680 | +€27,409 | +377% |
| Remuneration and social security | 454/9 | €420 | €1,162 | +€742 | +177% |
| Other amounts payable | 47/48 | €2,211 | €2,211 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €997 | €4,119 | +€3,121 | +313% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,943 | €1,768 | -€175 | -9.0% |
| Other operating charges | 640/8 | €909 | €942 | +€34 | +3.7% |
| Gross operating margin | 9900 | €102,649 | €155,291 | +€52,643 | +51.3% |
| Operating profit (loss) | 9901 | €99,797 | €152,581 | +€52,784 | +52.9% |
| Financial income | 75/76B | €4,273 | €3,813 | -€460 | -10.8% |
| Recurring financial income | 75 | €4,273 | €3,813 | -€460 | -10.8% |
| Financial charges | 65/66B | €1,227 | €1,026 | -€201 | -16.4% |
| Recurring financial charges | 65 | €1,227 | €1,026 | -€201 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | €102,843 | €155,368 | +€52,526 | +51.1% |
| Income taxes | 67/77 | €30,129 | €47,522 | +€17,394 | +57.7% |
| Profit (loss) for the period | 9904 | €72,714 | €107,846 | +€35,132 | +48.3% |
| Profit (loss) for the period to be appropriated | 9905 | €72,714 | €107,846 | +€35,132 | +48.3% |
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 17 October 2026 via checked.be.