Kantoor GLB: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
Kantoor GLB
Largest movements
- Receivables within one year +€19,723
up €19,723 (+199%), from €9,922 to €29,645
- Intangible fixed assets -€10,000
no longer reported in 2025 (was €10,000)
- Tangible fixed assets -€9,855
down €9,855 (-31.7%), from €31,057 to €21,202
of which Furniture and vehicles: -€10,387
- Deferred charges and accrued income -€5,611
down €5,611 (-74.4%), from €7,542 to €1,931
- Cash +€4,683
up €4,683 (+93.1%), from €5,029 to €9,711
mainly Depreciation (+€21,111) and Deferred charges and accrued income (+€5,611)
- Debts after one year -€4,590
down €4,590 (-19.5%), from €23,547 to €18,958
- Tax, wage and social debts +€3,992
up €3,992 (+127%), from €3,137 to €7,129
- Profit (loss) carried forward -€1,592
down €1,592 (-7.4%), from -€21,489 to -€23,081
- Accrued charges and deferred income +€1,086
new in 2025: €1,086
- Trade debts -€665
down €665 (-80.5%), from €826 to €161
- Depreciation -€5,236
down €5,236 (-19.9%), from €26,347 to €21,111
- Gross operating margin +€3,901
up €3,901 (+22.4%), from €17,395 to €21,296
- Other operating charges -€869
down €869 (-60.9%), from €1,428 to €559
- Financial charges -€795
down €795 (-42.5%), from €1,871 to €1,076
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 | €63,549 | €62,489 | -€1,061 | -1.7% |
| Fixed assets | 21/28 | €41,057 | €21,202 | -€19,855 | -48.4% |
| Intangible fixed assets | 21 | €10,000 | - | -€10,000 | |
| Tangible fixed assets | 22/27 | €31,057 | €21,202 | -€9,855 | -31.7% |
| Plant, machinery and equipment | 23 | €1,639 | €2,171 | +€532 | +32.5% |
| Furniture and vehicles | 24 | €29,418 | €19,031 | -€10,387 | -35.3% |
| Current assets | 29/58 | €22,493 | €41,287 | +€18,794 | +83.6% |
| Amounts receivable within one year | 40/41 | €9,922 | €29,645 | +€19,723 | +199% |
| Trade receivables | 40 | €9,922 | €29,645 | +€19,723 | +199% |
| Cash at bank and in hand | 54/58 | €5,029 | €9,711 | +€4,683 | +93.1% |
| Deferred charges and accrued income | 490/1 | €7,542 | €1,931 | -€5,611 | -74.4% |
| Total equity and liabilities | 10/49 | €63,549 | €62,489 | -€1,061 | -1.7% |
| Equity | 10/15 | €31,418 | €29,825 | -€1,592 | -5.1% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €28,117 | €28,117 | = | 0.0% |
| Distributable reserves | 133 | €28,117 | €28,117 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,489 | -€23,081 | -€1,592 | -7.4% |
| Amounts payable | 17/49 | €32,132 | €32,664 | +€532 | +1.7% |
| Amounts payable after more than one year | 17 | €23,547 | €18,958 | -€4,590 | -19.5% |
| Financial debts | 170/4 | €23,547 | €18,958 | -€4,590 | -19.5% |
| Amounts payable within one year | 42/48 | €8,585 | €12,620 | +€4,036 | +47.0% |
| Current portion of amounts payable after more than one year | 42 | €4,421 | €4,590 | +€168 | +3.8% |
| Trade debts | 44 | €826 | €161 | -€665 | -80.5% |
| Suppliers | 440/4 | €826 | €161 | -€665 | -80.5% |
| Taxes, remuneration and social security | 45 | €3,137 | €7,129 | +€3,992 | +127% |
| Taxes | 450/3 | €3,137 | €7,129 | +€3,992 | +127% |
| Other amounts payable | 47/48 | €200 | €740 | +€540 | +270% |
| Accrued charges and deferred income | 492/3 | - | €1,086 | +€1,086 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,347 | €21,111 | -€5,236 | -19.9% |
| Other operating charges | 640/8 | €1,428 | €559 | -€869 | -60.9% |
| Gross operating margin | 9900 | €17,395 | €21,296 | +€3,901 | +22.4% |
| Operating profit (loss) | 9901 | -€10,381 | -€374 | +€10,007 | +96.4% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,871 | €1,076 | -€795 | -42.5% |
| Recurring financial charges | 65 | €1,871 | €1,076 | -€795 | -42.5% |
| Profit (loss) for the period before taxes | 9903 | -€12,252 | -€1,449 | +€10,803 | +88.2% |
| Income taxes | 67/77 | €247 | €143 | -€103 | -41.8% |
| Profit (loss) for the period | 9904 | -€12,498 | -€1,592 | +€10,906 | +87.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,498 | -€1,592 | +€10,906 | +87.3% |
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 1 November 2026 via checked.be.