Immobilière GLANIC: what changed
Immobilière GLANIC
Largest movements
- Tangible fixed assets +€8,494
up €8,494 (+41.9%), from €20,271 to €28,765
of which Plant, machinery and equipment: +€8,665
- Cash -€951
down €951 (-75.9%), from €1,253 to €302
mainly Investment in fixed assets (net) (-€11,002) and Trade debts (-€231)
- Other debts +€5,463
up €5,463 (+4.6%), from €120,050 to €125,513
- Profit (loss) carried forward +€2,339
up €2,339 (+1.9%), from -€121,104 to -€118,765
- Gross operating margin -€2,455
down €2,455 (-23.9%), from €10,269 to €7,815
- Depreciation +€390
up €390 (+18.4%), from €2,118 to €2,508
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,452 | €31,023 | +€7,571 | +32.3% |
| Fixed assets | 21/28 | €20,271 | €28,765 | +€8,494 | +41.9% |
| Tangible fixed assets | 22/27 | €20,271 | €28,765 | +€8,494 | +41.9% |
| Land and buildings | 22 | €1,790 | €1,618 | -€171 | -9.6% |
| Plant, machinery and equipment | 23 | €18,481 | €27,147 | +€8,665 | +46.9% |
| Current assets | 29/58 | €3,181 | €2,257 | -€923 | -29.0% |
| Cash at bank and in hand | 54/58 | €1,253 | €302 | -€951 | -75.9% |
| Deferred charges and accrued income | 490/1 | €1,928 | €1,955 | +€27 | +1.4% |
| Total equity and liabilities | 10/49 | €23,452 | €31,023 | +€7,571 | +32.3% |
| Equity | 10/15 | -€99,562 | -€97,223 | +€2,339 | +2.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €2,950 | €2,950 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,091 | €1,091 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€121,104 | -€118,765 | +€2,339 | +1.9% |
| Amounts payable | 17/49 | €123,014 | €128,246 | +€5,232 | +4.3% |
| Amounts payable within one year | 42/48 | €122,214 | €127,446 | +€5,232 | +4.3% |
| Trade debts | 44 | €2,164 | €1,934 | -€231 | -10.7% |
| Suppliers | 440/4 | €2,164 | €1,934 | -€231 | -10.7% |
| Other amounts payable | 47/48 | €120,050 | €125,513 | +€5,463 | +4.6% |
| Accrued charges and deferred income | 492/3 | €800 | €800 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,118 | €2,508 | +€390 | +18.4% |
| Other operating charges | 640/8 | €2,664 | €2,745 | +€81 | +3.0% |
| Gross operating margin | 9900 | €10,269 | €7,815 | -€2,455 | -23.9% |
| Operating profit (loss) | 9901 | €5,487 | €2,562 | -€2,925 | -53.3% |
| Financial charges | 65/66B | €245 | €224 | -€21 | -8.7% |
| Recurring financial charges | 65 | €245 | €224 | -€21 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €5,242 | €2,339 | -€2,904 | -55.4% |
| Profit (loss) for the period | 9904 | €5,242 | €2,339 | -€2,904 | -55.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,242 | €2,339 | -€2,904 | -55.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.