GLX Design-Tech: what changed
Two fiscal 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.
GLX Design-Tech
Largest movements
- Cash +€49,257
up €49,257 (+65.2%), from €75,561 to €124,818
mainly Net result for the year (+€38,463) and Trade debts (+€7,502)
- Receivables within one year -€5,266
down €5,266 (-36.1%), from €14,581 to €9,315
- Profit (loss) carried forward +€38,463
up €38,463 (+8060.6%), from €477 to €38,940
- Trade debts +€7,502
up €7,502 (+287.3%), from €2,612 to €10,114
- Tax, wage and social debts -€5,065
down €5,065 (-16.5%), from €30,711 to €25,646
- Other debts +€3,692
up €3,692 (+1562.1%), from €236 to €3,929
- Gross operating margin +€13,463
up €13,463 (+37.0%), from €36,409 to €49,872
- Financial income +€1,840
up €1,840 (+635.6%), from €289 to €2,129
- Taxes +€739
up €739 (+7.5%), from €9,907 to €10,646
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 | €91,136 | €135,729 | +€44,593 | +48.9% |
| Fixed assets | 21/28 | €995 | €1,596 | +€601 | +60.4% |
| Tangible fixed assets | 22/27 | €995 | €1,596 | +€601 | +60.4% |
| Furniture and vehicles | 24 | €995 | €1,596 | +€601 | +60.4% |
| Current assets | 29/58 | €90,142 | €134,133 | +€43,991 | +48.8% |
| Amounts receivable within one year | 40/41 | €14,581 | €9,315 | -€5,266 | -36.1% |
| Trade receivables | 40 | €14,581 | €9,315 | -€5,266 | -36.1% |
| Cash at bank and in hand | 54/58 | €75,561 | €124,818 | +€49,257 | +65.2% |
| Total equity and liabilities | 10/49 | €91,136 | €135,729 | +€44,593 | +48.9% |
| Equity | 10/15 | €57,577 | €96,040 | +€38,463 | +66.8% |
| Contributions | 10/11 | €3,600 | €3,600 | = | 0.0% |
| Reserves | 13 | €53,500 | €53,500 | = | 0.0% |
| Distributable reserves | 133 | €53,500 | €53,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €477 | €38,940 | +€38,463 | +8060.6% |
| Amounts payable | 17/49 | €33,559 | €39,689 | +€6,130 | +18.3% |
| Amounts payable within one year | 42/48 | €33,559 | €39,689 | +€6,130 | +18.3% |
| Trade debts | 44 | €2,612 | €10,114 | +€7,502 | +287.3% |
| Suppliers | 440/4 | €2,612 | €10,114 | +€7,502 | +287.3% |
| Taxes, remuneration and social security | 45 | €30,711 | €25,646 | -€5,065 | -16.5% |
| Taxes | 450/3 | €30,711 | €25,646 | -€5,065 | -16.5% |
| Other amounts payable | 47/48 | €236 | €3,929 | +€3,692 | +1562.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €538 | €790 | +€252 | +46.8% |
| Other operating charges | 640/8 | €510 | €923 | +€413 | +81.0% |
| Gross operating margin | 9900 | €36,409 | €49,872 | +€13,463 | +37.0% |
| Operating profit (loss) | 9901 | €35,361 | €48,159 | +€12,798 | +36.2% |
| Financial income | 75/76B | €289 | €2,129 | +€1,840 | +635.6% |
| Recurring financial income | 75 | €289 | €2,129 | +€1,840 | +635.6% |
| Financial charges | 65/66B | €1,520 | €1,180 | -€340 | -22.4% |
| Recurring financial charges | 65 | €1,520 | €1,180 | -€340 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | €34,130 | €49,109 | +€14,978 | +43.9% |
| Income taxes | 67/77 | €9,907 | €10,646 | +€739 | +7.5% |
| Profit (loss) for the period | 9904 | €24,224 | €38,463 | +€14,239 | +58.8% |
| Profit (loss) for the period to be appropriated | 9905 | €24,224 | €38,463 | +€14,239 | +58.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.