GLUE MEDIA: 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.
GLUE MEDIA
Largest movements
- Cash -€40,069
down €40,069 (-32.3%), from €124,121 to €84,052
mainly Other debts (-€59,404) and Receivables within one year (-€7,595)
- Receivables within one year +€7,595
up €7,595 (+60.4%), from €12,575 to €20,170
- Tangible fixed assets -€7,217
down €7,217 (-37.1%), from €19,440 to €12,223
of which Furniture and vehicles: -€6,641
- Other debts -€59,404
down €59,404 (-30.8%), from €192,791 to €133,387
- Profit (loss) carried forward +€20,776
up €20,776 (+20.1%), from -€103,201 to -€82,425
- Trade debts -€2,359
down €2,359 (-49.1%), from €4,806 to €2,447
- Gross operating margin -€58,078
down €58,078 (-65.7%), from €88,394 to €30,316
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 | €156,190 | €116,445 | -€39,745 | -25.4% |
| Fixed assets | 21/28 | €19,493 | €12,223 | -€7,270 | -37.3% |
| Intangible fixed assets | 21 | €53 | - | -€53 | |
| Tangible fixed assets | 22/27 | €19,440 | €12,223 | -€7,217 | -37.1% |
| Plant, machinery and equipment | 23 | €2,474 | €1,538 | -€936 | -37.8% |
| Furniture and vehicles | 24 | €13,751 | €7,110 | -€6,641 | -48.3% |
| Leasing and similar rights | 25 | €3,215 | €1,655 | -€1,560 | -48.5% |
| Other tangible fixed assets | 26 | - | €1,920 | +€1,920 | |
| Current assets | 29/58 | €136,696 | €104,221 | -€32,475 | -23.8% |
| Amounts receivable within one year | 40/41 | €12,575 | €20,170 | +€7,595 | +60.4% |
| Trade receivables | 40 | €12,575 | €20,170 | +€7,595 | +60.4% |
| Cash at bank and in hand | 54/58 | €124,121 | €84,052 | -€40,069 | -32.3% |
| Total equity and liabilities | 10/49 | €156,190 | €116,445 | -€39,745 | -25.4% |
| Equity | 10/15 | -€43,201 | -€22,425 | +€20,776 | +48.1% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€103,201 | -€82,425 | +€20,776 | +20.1% |
| Amounts payable | 17/49 | €199,391 | €138,870 | -€60,521 | -30.4% |
| Amounts payable within one year | 42/48 | €199,391 | €138,870 | -€60,521 | -30.4% |
| Trade debts | 44 | €4,806 | €2,447 | -€2,359 | -49.1% |
| Suppliers | 440/4 | €4,806 | €2,447 | -€2,359 | -49.1% |
| Taxes, remuneration and social security | 45 | €1,794 | €3,036 | +€1,242 | +69.2% |
| Taxes | 450/3 | €1,794 | €3,036 | +€1,242 | +69.2% |
| Other amounts payable | 47/48 | €192,791 | €133,387 | -€59,404 | -30.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,140 | €9,190 | +€51 | +0.6% |
| Gross operating margin | 9900 | €88,394 | €30,316 | -€58,078 | -65.7% |
| Operating profit (loss) | 9901 | €79,255 | €21,126 | -€58,129 | -73.3% |
| Financial charges | 65/66B | €303 | €350 | +€47 | +15.3% |
| Recurring financial charges | 65 | €303 | €350 | +€47 | +15.3% |
| Profit (loss) for the period before taxes | 9903 | €78,951 | €20,776 | -€58,175 | -73.7% |
| Profit (loss) for the period | 9904 | €78,951 | €20,776 | -€58,175 | -73.7% |
| Profit (loss) for the period to be appropriated | 9905 | €78,951 | €20,776 | -€58,175 | -73.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.