Skip to content

HP Gloriant: 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

HP Gloriant

BE 0738.770.311
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€2,104
2024 · €830+€1,275
Equity
€13,876
2024 · €11,771+€2,104
Cash
€4,196
2024 · €4,337-€140
Balance sheet total
€834,615
2024 · €879,052-€44,437

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€44,297

    down €44,297 (-5.1%), from €874,716 to €830,419

    of which Land and buildings: -€37,037

Equity and liabilities
  • Debts after one year -€51,334

    down €51,334 (-6.5%), from €788,659 to €737,325

Income statement
  • Gross operating margin +€877

    up €877 (+1.7%), from €51,992 to €52,869

From the 2024 result to the 2025 result

effect on the 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 €830
Gross operating margin +€877
Other operating charges -€2
Financial charges +€400
Result 2025 €2,104
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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 +€50,805
Investment €0
Financing -€50,945
Cash 2024 €4,337
Net result for the year +€2,104
Depreciation +€44,297
Other debts +€4,404
Debts after one year -€51,334
Current portion of long-term debt +€389
Cash 2025 €4,196
brings cash intakes cash out
Every line side by side 26 lines
Line Code 2024 2025 Change %
Total assets 20/58 €879,052 €834,615 -€44,437 -5.1%
Fixed assets 21/28 €874,716 €830,419 -€44,297 -5.1%
Tangible fixed assets 22/27 €874,716 €830,419 -€44,297 -5.1%
Land and buildings 22 €834,548 €797,511 -€37,037 -4.4%
Plant, machinery and equipment 23 €40,168 €32,908 -€7,260 -18.1%
Current assets 29/58 €4,337 €4,196 -€140 -3.2%
Cash at bank and in hand 54/58 €4,337 €4,196 -€140 -3.2%
Total equity and liabilities 10/49 €879,052 €834,615 -€44,437 -5.1%
Equity 10/15 €11,771 €13,876 +€2,104 +17.9%
Contributions 10/11 €50,000 €50,000 = 0.0%
Profit (loss) carried forward 14 -€38,229 -€36,124 +€2,104 +5.5%
Amounts payable 17/49 €867,281 €820,739 -€46,542 -5.4%
Amounts payable after more than one year 17 €788,659 €737,325 -€51,334 -6.5%
Financial debts 170/4 €788,659 €737,325 -€51,334 -6.5%
Amounts payable within one year 42/48 €78,622 €83,414 +€4,792 +6.1%
Current portion of amounts payable after more than one year 42 €50,945 €51,334 +€389 +0.8%
Other amounts payable 47/48 €27,676 €32,080 +€4,404 +15.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €44,297 €44,297 = 0.0%
Other operating charges 640/8 €118 €120 +€2 +1.7%
Gross operating margin 9900 €51,992 €52,869 +€877 +1.7%
Operating profit (loss) 9901 €7,577 €8,452 +€875 +11.5%
Financial charges 65/66B €6,747 €6,347 -€400 -5.9%
Recurring financial charges 65 €6,747 €6,347 -€400 -5.9%
Profit (loss) for the period before taxes 9903 €830 €2,104 +€1,275 +154%
Profit (loss) for the period 9904 €830 €2,104 +€1,275 +154%
Profit (loss) for the period to be appropriated 9905 €830 €2,104 +€1,275 +154%

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 20 October 2026 via checked.be.