GLYM: 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.
What changed
GLYM
NACE 87.999, Residential care activities
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€110,621
2024 · €111,076-€455
Equity
€859,213
2024 · €828,592+€30,621
Cash
€446,850
2024 · €348,014+€98,836
Balance sheet total
€1.5m
2024 · €1.5m-€1,638
Largest movements
Assets
- Current investments -€100,000
down €100,000 (-100.0%), from €100,000 to €0
- Cash +€98,836
up €98,836 (+28.4%), from €348,014 to €446,850
mainly Net result for the year (+€110,621) and Current investments (+€100,000)
Equity and liabilities
- Reserves +€30,621
up €30,621 (+5.8%), from €530,757 to €561,378
- Short-term financial debts -€23,506
down €23,506 (-80.0%), from €29,372 to €5,867
- Debts after one year -€18,939
down €18,939 (-5.3%), from €356,119 to €337,180
- Current portion of long-term debt +€15,785
up €15,785 (+24.1%), from €65,546 to €81,331
Income statement
- Staff costs -€25,076
down €25,076 (-3.0%), from €844,186 to €819,110
- Depreciation +€24,730
up €24,730 (+34.1%), from €72,558 to €97,287
- Write-downs +€20,314
new in 2025: €20,314
- Gross operating margin +€19,002
up €19,002 (+1.7%), from €1.1m to €1.1m
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.
Result 2024
€111,076
Gross operating margin
+€19,002
Staff costs
+€25,076
Depreciation
-€24,730
Write-downs
-€20,314
Other operating charges
+€4,990
Financial income
+€3,617
Financial charges
-€1,715
Taxes
-€6,381
Result 2025
€110,621
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.
From operations
+€205,485
Investment
+€10
Financing
-€106,659
Cash 2024
€348,014
From operations (derived)
+€205,485
Net result for the year
+€110,621
Depreciation
+€97,287
Receivables after one year
+€6,924
Receivables within one year
+€2,657
Deferred charges and accrued income
-€6,404
Trade debts
+€1,313
Tax, wage and social debts
-€3,199
Other debts
-€4,625
Accrued charges and deferred income
+€911
Investment (derived)
+€10
Investment in fixed assets (net)
-€99,990
Current investments
+€100,000
Financing
-€106,659
Debts after one year
-€18,939
Current portion of long-term debt
+€15,785
Short-term financial debts
-€23,506
Contributions, distributions and other
-€80,000
Cash 2025
€446,850
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,472,663 | €1,471,024 | -€1,638 | -0.1% |
| Fixed assets | 21/28 | €667,311 | €670,014 | +€2,703 | +0.4% |
| Tangible fixed assets | 22/27 | €667,311 | €670,014 | +€2,703 | +0.4% |
| Land and buildings | 22 | €393,303 | €407,425 | +€14,122 | +3.6% |
| Plant, machinery and equipment | 23 | €54,503 | €45,511 | -€8,992 | -16.5% |
| Furniture and vehicles | 24 | €102,255 | €128,442 | +€26,187 | +25.6% |
| Other tangible fixed assets | 26 | €117,250 | €88,636 | -€28,614 | -24.4% |
| Current assets | 29/58 | €805,352 | €801,010 | -€4,341 | -0.5% |
| Amounts receivable after more than one year | 29 | €23,911 | €16,986 | -€6,924 | -29.0% |
| Other amounts receivable | 291 | €23,911 | €16,986 | -€6,924 | -29.0% |
| Amounts receivable within one year | 40/41 | €299,008 | €296,352 | -€2,657 | -0.9% |
| Trade receivables | 40 | €262,092 | €256,350 | -€5,742 | -2.2% |
| Other amounts receivable | 41 | €36,916 | €40,002 | +€3,086 | +8.4% |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €348,014 | €446,850 | +€98,836 | +28.4% |
| Deferred charges and accrued income | 490/1 | €34,419 | €40,822 | +€6,404 | +18.6% |
| Total equity and liabilities | 10/49 | €1,472,663 | €1,471,024 | -€1,638 | -0.1% |
| Equity | 10/15 | €828,592 | €859,213 | +€30,621 | +3.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €530,757 | €561,378 | +€30,621 | +5.8% |
| Distributable reserves | 133 | €530,757 | €561,378 | +€30,621 | +5.8% |
| Profit (loss) carried forward | 14 | €291,636 | €291,636 | = | 0.0% |
| Amounts payable | 17/49 | €644,071 | €611,811 | -€32,260 | -5.0% |
| Amounts payable after more than one year | 17 | €356,119 | €337,180 | -€18,939 | -5.3% |
| Financial debts | 170/4 | €356,119 | €337,180 | -€18,939 | -5.3% |
| Amounts payable within one year | 42/48 | €287,074 | €272,842 | -€14,232 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | €65,546 | €81,331 | +€15,785 | +24.1% |
| Financial debts | 43 | €29,372 | €5,867 | -€23,506 | -80.0% |
| Credit institutions | 430/8 | €29,372 | €5,867 | -€23,506 | -80.0% |
| Trade debts | 44 | €26,854 | €28,167 | +€1,313 | +4.9% |
| Suppliers | 440/4 | €26,854 | €28,167 | +€1,313 | +4.9% |
| Taxes, remuneration and social security | 45 | €144,861 | €141,663 | -€3,199 | -2.2% |
| Taxes | 450/3 | €11,637 | €13,478 | +€1,841 | +15.8% |
| Remuneration and social security | 454/9 | €133,225 | €128,185 | -€5,040 | -3.8% |
| Other amounts payable | 47/48 | €20,440 | €15,815 | -€4,625 | -22.6% |
| Accrued charges and deferred income | 492/3 | €878 | €1,789 | +€911 | +103.8% |
| Non-recurring operating income | 76A | €2,000 | €0 | -€2,000 | -100.0% |
| Remuneration, social security and pensions | 62 | €844,186 | €819,110 | -€25,076 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,558 | €97,287 | +€24,730 | +34.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €20,314 | +€20,314 | |
| Other operating charges | 640/8 | €16,715 | €11,725 | -€4,990 | -29.9% |
| Gross operating margin | 9900 | €1,114,678 | €1,133,680 | +€19,002 | +1.7% |
| Operating profit (loss) | 9901 | €181,219 | €185,243 | +€4,024 | +2.2% |
| Financial income | 75/76B | €1,052 | €4,669 | +€3,617 | +343.9% |
| Recurring financial income | 75 | €1,052 | €4,669 | +€3,617 | +343.9% |
| Financial charges | 65/66B | €11,619 | €13,334 | +€1,715 | +14.8% |
| Recurring financial charges | 65 | €11,619 | €13,334 | +€1,715 | +14.8% |
| Profit (loss) for the period before taxes | 9903 | €170,652 | €176,578 | +€5,926 | +3.5% |
| Income taxes | 67/77 | €59,576 | €65,957 | +€6,381 | +10.7% |
| Profit (loss) for the period | 9904 | €111,076 | €110,621 | -€455 | -0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €111,076 | €110,621 | -€455 | -0.4% |
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 12 October 2026 via checked.be.