HET GLANST: 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.
HET GLANST
Largest movements
- Receivables within one year +€15,750
up €15,750 (+265.9%), from €5,924 to €21,674
of which Other amounts receivable: +€14,739
- Cash -€13,750
down €13,750 (-96.0%), from €14,318 to €567
mainly Receivables within one year (-€15,750) and Contributions, distributions and other (-€11,981)
- Tax, wage and social debts +€1,797
up €1,797 (+51.7%), from €3,479 to €5,276
- Profit (loss) carried forward +€1,523
up €1,523, from -€1,523 to €0
- Trade debts -€696
down €696 (-97.8%), from €712 to €16
- Other debts -€688
down €688 (-6.3%), from €10,872 to €10,184
- Taxes -€3,239
down €3,239 (-93.1%), from €3,479 to €240
- Gross operating margin +€1,859
up €1,859 (+14.6%), from €12,692 to €14,551
- Staff costs -€556
no longer reported in 2025 (was €556)
- Other operating charges -€153
down €153 (-16.4%), from €929 to €777
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 | €20,739 | €22,676 | +€1,937 | +9.3% |
| Current assets | 29/58 | €20,739 | €22,676 | +€1,937 | +9.3% |
| Amounts receivable within one year | 40/41 | €5,924 | €21,674 | +€15,750 | +265.9% |
| Trade receivables | 40 | €4,741 | €5,752 | +€1,011 | +21.3% |
| Other amounts receivable | 41 | €1,183 | €15,922 | +€14,739 | +1246.3% |
| Cash at bank and in hand | 54/58 | €14,318 | €567 | -€13,750 | -96.0% |
| Deferred charges and accrued income | 490/1 | €498 | €435 | -€63 | -12.7% |
| Total equity and liabilities | 10/49 | €20,739 | €22,676 | +€1,937 | +9.3% |
| Equity | 10/15 | €5,677 | €7,200 | +€1,523 | +26.8% |
| Contributions | 10/11 | €7,200 | €7,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,523 | €0 | +€1,523 | |
| Amounts payable | 17/49 | €15,062 | €15,476 | +€414 | +2.7% |
| Amounts payable within one year | 42/48 | €15,062 | €15,476 | +€414 | +2.7% |
| Trade debts | 44 | €712 | €16 | -€696 | -97.8% |
| Suppliers | 440/4 | €712 | €16 | -€696 | -97.8% |
| Taxes, remuneration and social security | 45 | €3,479 | €5,276 | +€1,797 | +51.7% |
| Taxes | 450/3 | €3,479 | €5,276 | +€1,797 | +51.7% |
| Other amounts payable | 47/48 | €10,872 | €10,184 | -€688 | -6.3% |
| Remuneration, social security and pensions | 62 | €556 | - | -€556 | |
| Other operating charges | 640/8 | €929 | €777 | -€153 | -16.4% |
| Gross operating margin | 9900 | €12,692 | €14,551 | +€1,859 | +14.6% |
| Operating profit (loss) | 9901 | €11,207 | €13,775 | +€2,568 | +22.9% |
| Financial income | 75/76B | €9 | - | -€9 | |
| Recurring financial income | 75 | €9 | - | -€9 | |
| Financial charges | 65/66B | €89 | €30 | -€58 | -66.1% |
| Recurring financial charges | 65 | €89 | €30 | -€58 | -66.1% |
| Profit (loss) for the period before taxes | 9903 | €11,127 | €13,745 | +€2,617 | +23.5% |
| Income taxes | 67/77 | €3,479 | €240 | -€3,239 | -93.1% |
| Profit (loss) for the period | 9904 | €7,649 | €13,505 | +€5,856 | +76.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,649 | €13,505 | +€5,856 | +76.6% |
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 10 October 2026 via checked.be.