LA GLISSE: 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.
LA GLISSE
Largest movements
- Tangible fixed assets -€31,923
down €31,923 (-53.3%), from €59,888 to €27,965
of which Furniture and vehicles: -€31,044
- Stocks and contracts +€24,579
up €24,579 (+4.1%), from €596,908 to €621,487
- Receivables within one year +€23,770
new in 2025: €23,770
of which Trade receivables: +€18,538
- Cash +€22,135
up €22,135 (+119%), from €18,563 to €40,698
mainly Trade debts (+€47,891) and Other debts (+€46,692)
- Trade debts +€47,891
up €47,891 (+186%), from €25,811 to €73,702
- Other debts +€46,692
new in 2025: €46,692
- Tax, wage and social debts -€43,136
down €43,136 (-68.8%), from €62,654 to €19,518
of which Taxes: -€46,734
- Debts after one year -€29,350
down €29,350 (-76.4%), from €38,405 to €9,055
- Profit (loss) carried forward +€16,945
up €16,945 (+131%), from €12,946 to €29,891
- Gross operating margin +€22,114
up €22,114 (+11.5%), from €191,799 to €213,913
- Staff costs +€15,408
up €15,408 (+11.4%), from €135,113 to €150,521
- Depreciation -€14,556
down €14,556 (-67.2%), from €21,649 to €7,093
- Other operating charges +€13,113
up €13,113 (+2,721%), from €482 to €13,595
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.
Derived cash bridge
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 | €676,818 | €716,222 | +€39,404 | +5.8% |
| Fixed assets | 21/28 | €59,888 | €27,965 | -€31,923 | -53.3% |
| Tangible fixed assets | 22/27 | €59,888 | €27,965 | -€31,923 | -53.3% |
| Plant, machinery and equipment | 23 | €2,937 | €4,998 | +€2,061 | +70.2% |
| Furniture and vehicles | 24 | €37,122 | €6,078 | -€31,044 | -83.6% |
| Other tangible fixed assets | 26 | €19,829 | €16,889 | -€2,940 | -14.8% |
| Current assets | 29/58 | €616,930 | €688,257 | +€71,327 | +11.6% |
| Stocks and contracts in progress | 3 | €596,908 | €621,487 | +€24,579 | +4.1% |
| Stocks | 30/36 | €596,908 | €621,487 | +€24,579 | +4.1% |
| Amounts receivable within one year | 40/41 | - | €23,770 | +€23,770 | |
| Trade receivables | 40 | - | €18,538 | +€18,538 | |
| Other amounts receivable | 41 | - | €5,232 | +€5,232 | |
| Cash at bank and in hand | 54/58 | €18,563 | €40,698 | +€22,135 | +119% |
| Deferred charges and accrued income | 490/1 | €1,459 | €2,302 | +€843 | +57.8% |
| Total equity and liabilities | 10/49 | €676,818 | €716,222 | +€39,404 | +5.8% |
| Equity | 10/15 | €346,006 | €362,951 | +€16,945 | +4.9% |
| Contributions | 10/11 | €218,600 | €218,600 | = | 0.0% |
| Reserves | 13 | €114,460 | €114,460 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €112,600 | €112,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,946 | €29,891 | +€16,945 | +131% |
| Amounts payable | 17/49 | €330,812 | €353,271 | +€22,459 | +6.8% |
| Amounts payable after more than one year | 17 | €38,405 | €9,055 | -€29,350 | -76.4% |
| Financial debts | 170/4 | €38,405 | €9,055 | -€29,350 | -76.4% |
| Amounts payable within one year | 42/48 | €292,407 | €344,216 | +€51,809 | +17.7% |
| Current portion of amounts payable after more than one year | 42 | €28,942 | €29,304 | +€362 | +1.3% |
| Financial debts | 43 | €175,000 | €175,000 | = | 0.0% |
| Credit institutions | 430/8 | €175,000 | €175,000 | = | 0.0% |
| Trade debts | 44 | €25,811 | €73,702 | +€47,891 | +186% |
| Suppliers | 440/4 | €25,811 | €73,702 | +€47,891 | +186% |
| Taxes, remuneration and social security | 45 | €62,654 | €19,518 | -€43,136 | -68.8% |
| Taxes | 450/3 | €56,432 | €9,698 | -€46,734 | -82.8% |
| Remuneration and social security | 454/9 | €6,222 | €9,820 | +€3,598 | +57.8% |
| Other amounts payable | 47/48 | - | €46,692 | +€46,692 | |
| Remuneration, social security and pensions | 62 | €135,113 | €150,521 | +€15,408 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,649 | €7,093 | -€14,556 | -67.2% |
| Other operating charges | 640/8 | €482 | €13,595 | +€13,113 | +2,721% |
| Gross operating margin | 9900 | €191,799 | €213,913 | +€22,114 | +11.5% |
| Operating profit (loss) | 9901 | €34,555 | €42,704 | +€8,149 | +23.6% |
| Financial income | 75/76B | €404 | €0 | -€404 | -100% |
| Recurring financial income | 75 | €404 | €0 | -€404 | -100% |
| Financial charges | 65/66B | €16,400 | €17,739 | +€1,339 | +8.2% |
| Recurring financial charges | 65 | €16,400 | €17,739 | +€1,339 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | €18,559 | €24,965 | +€6,406 | +34.5% |
| Income taxes | 67/77 | €8,091 | €8,020 | -€71 | -0.9% |
| Profit (loss) for the period | 9904 | €10,468 | €16,945 | +€6,477 | +61.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,468 | €16,945 | +€6,477 | +61.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.