LES GLYCINES: what changed
LES GLYCINES
Largest movements
- Receivables within one year +€132,604
up €132,604 (+23.3%), from €569,225 to €701,829
of which Trade receivables: +€130,638
- Cash +€44,850
up €44,850 (+190%), from €23,573 to €68,423
mainly Other debts (+€238,971) and Trade debts (+€104,667)
- Tangible fixed assets -€32,306
down €32,306 (-35.5%), from €90,938 to €58,632
of which Furniture and vehicles: -€17,839
- Other debts +€238,971
up €238,971 (+100%), from €238,735 to €477,706
- Short-term financial debts -€141,093
down €141,093 (-46.3%), from €304,662 to €163,570
- Trade debts +€104,667
up €104,667 (+54.7%), from €191,459 to €296,125
- Profit (loss) carried forward -€73,778
down €73,778 (-12.4%), from -€596,378 to -€670,156
- Tax, wage and social debts +€15,257
up €15,257 (+2.8%), from €543,263 to €558,520
of which Remuneration and social security: +€18,686
- Gross operating margin +€408,663
up €408,663 (+13.2%), from €3.1m to €3.5m
- Staff costs +€38,730
up €38,730 (+1.1%), from €3.5m to €3.5m
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 | €700,330 | €844,355 | +€144,025 | +20.6% |
| Fixed assets | 21/28 | €93,195 | €59,847 | -€33,348 | -35.8% |
| Intangible fixed assets | 21 | €2,257 | €1,215 | -€1,042 | -46.2% |
| Tangible fixed assets | 22/27 | €90,938 | €58,632 | -€32,306 | -35.5% |
| Plant, machinery and equipment | 23 | €29,662 | €18,773 | -€10,889 | -36.7% |
| Furniture and vehicles | 24 | €53,083 | €35,244 | -€17,839 | -33.6% |
| Other tangible fixed assets | 26 | €8,192 | €4,615 | -€3,578 | -43.7% |
| Current assets | 29/58 | €607,135 | €784,508 | +€177,372 | +29.2% |
| Stocks and contracts in progress | 3 | €5,742 | €5,327 | -€415 | -7.2% |
| Stocks | 30/36 | €5,742 | €5,327 | -€415 | -7.2% |
| Amounts receivable within one year | 40/41 | €569,225 | €701,829 | +€132,604 | +23.3% |
| Trade receivables | 40 | €457,203 | €587,841 | +€130,638 | +28.6% |
| Other amounts receivable | 41 | €112,022 | €113,987 | +€1,966 | +1.8% |
| Cash at bank and in hand | 54/58 | €23,573 | €68,423 | +€44,850 | +190% |
| Deferred charges and accrued income | 490/1 | €8,595 | €8,929 | +€334 | +3.9% |
| Total equity and liabilities | 10/49 | €700,330 | €844,355 | +€144,025 | +20.6% |
| Equity | 10/15 | -€577,788 | -€651,566 | -€73,778 | -12.8% |
| Contributions | 10/11 | €18,590 | €18,590 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€596,378 | -€670,156 | -€73,778 | -12.4% |
| Amounts payable | 17/49 | €1,278,119 | €1,495,921 | +€217,803 | +17.0% |
| Amounts payable within one year | 42/48 | €1,278,119 | €1,495,921 | +€217,803 | +17.0% |
| Financial debts | 43 | €304,662 | €163,570 | -€141,093 | -46.3% |
| Credit institutions | 430/8 | €304,662 | €163,570 | -€141,093 | -46.3% |
| Trade debts | 44 | €191,459 | €296,125 | +€104,667 | +54.7% |
| Suppliers | 440/4 | €191,459 | €296,125 | +€104,667 | +54.7% |
| Taxes, remuneration and social security | 45 | €543,263 | €558,520 | +€15,257 | +2.8% |
| Taxes | 450/3 | €62,141 | €58,713 | -€3,429 | -5.5% |
| Remuneration and social security | 454/9 | €481,121 | €499,807 | +€18,686 | +3.9% |
| Other amounts payable | 47/48 | €238,735 | €477,706 | +€238,971 | +100% |
| Remuneration, social security and pensions | 62 | €3,476,424 | €3,515,154 | +€38,730 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,790 | €39,368 | -€16,422 | -29.4% |
| Other operating charges | 640/8 | €9,378 | €4,920 | -€4,459 | -47.5% |
| Gross operating margin | 9900 | €3,086,541 | €3,495,203 | +€408,663 | +13.2% |
| Operating profit (loss) | 9901 | -€455,052 | -€64,239 | +€390,813 | +85.9% |
| Financial income | 75/76B | €35 | €16 | -€19 | -54.1% |
| Recurring financial income | 75 | €35 | €16 | -€19 | -54.1% |
| Financial charges | 65/66B | €7,133 | €9,284 | +€2,151 | +30.2% |
| Recurring financial charges | 65 | €7,133 | €9,284 | +€2,151 | +30.2% |
| Profit (loss) for the period before taxes | 9903 | -€462,150 | -€73,507 | +€388,643 | +84.1% |
| Income taxes | 67/77 | €251 | €271 | +€20 | +7.9% |
| Profit (loss) for the period | 9904 | -€462,401 | -€73,778 | +€388,623 | +84.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€462,401 | -€73,778 | +€388,623 | +84.0% |
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 2 November 2026 via checked.be.