R.D. GLAS: 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.
R.D. GLAS
Largest movements
- Cash +€15,166
up €15,166 (+197%), from €7,714 to €22,880
mainly Receivables within one year (+€14,899) and Tax, wage and social debts (+€11,039)
- Receivables within one year -€14,899
down €14,899 (-22.2%), from €67,222 to €52,323
of which Other amounts receivable: -€19,456
- Trade debts -€24,406
down €24,406 (-66.0%), from €36,961 to €12,556
- Tax, wage and social debts +€11,039
new in 2024: €11,039
of which Taxes: +€8,039
- Other debts +€8,072
up €8,072 (+121%), from €6,648 to €14,719
- Profit (loss) carried forward +€4,536
up €4,536 (+21.2%), from €21,390 to €25,925
- Accrued charges and deferred income +€1,026
up €1,026 (+29.7%), from €3,454 to €4,481
- Gross operating margin -€48,865
down €48,865 (-87.5%), from €55,829 to €6,964
- Other operating charges -€39,409
down €39,409 (-97.2%), from €40,562 to €1,153
- Taxes +€1,141
new in 2024: €1,141
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €76,513 | €76,780 | +€267 | +0.3% |
| Fixed assets | 21/28 | €1,577 | €1,577 | = | 0.0% |
| Financial fixed assets | 28 | €1,577 | €1,577 | = | 0.0% |
| Current assets | 29/58 | €74,936 | €75,203 | +€267 | +0.4% |
| Amounts receivable within one year | 40/41 | €67,222 | €52,323 | -€14,899 | -22.2% |
| Trade receivables | 40 | €47,222 | €51,779 | +€4,557 | +9.6% |
| Other amounts receivable | 41 | €20,000 | €544 | -€19,456 | -97.3% |
| Cash at bank and in hand | 54/58 | €7,714 | €22,880 | +€15,166 | +197% |
| Total equity and liabilities | 10/49 | €76,513 | €76,780 | +€267 | +0.3% |
| Equity | 10/15 | €29,450 | €33,985 | +€4,536 | +15.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €21,390 | €25,925 | +€4,536 | +21.2% |
| Amounts payable | 17/49 | €47,063 | €42,795 | -€4,269 | -9.1% |
| Amounts payable within one year | 42/48 | €43,609 | €38,314 | -€5,295 | -12.1% |
| Trade debts | 44 | €36,961 | €12,556 | -€24,406 | -66.0% |
| Suppliers | 440/4 | €36,961 | €12,556 | -€24,406 | -66.0% |
| Taxes, remuneration and social security | 45 | - | €11,039 | +€11,039 | |
| Taxes | 450/3 | - | €8,039 | +€8,039 | |
| Remuneration and social security | 454/9 | - | €3,000 | +€3,000 | |
| Other amounts payable | 47/48 | €6,648 | €14,719 | +€8,072 | +121% |
| Accrued charges and deferred income | 492/3 | €3,454 | €4,481 | +€1,026 | +29.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €493 | - | -€493 | |
| Other operating charges | 640/8 | €40,562 | €1,153 | -€39,409 | -97.2% |
| Gross operating margin | 9900 | €55,829 | €6,964 | -€48,865 | -87.5% |
| Operating profit (loss) | 9901 | €14,774 | €5,811 | -€8,963 | -60.7% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €120 | €136 | +€16 | +13.4% |
| Recurring financial charges | 65 | €120 | €136 | +€16 | +13.4% |
| Profit (loss) for the period before taxes | 9903 | €14,654 | €5,676 | -€8,978 | -61.3% |
| Income taxes | 67/77 | - | €1,141 | +€1,141 | |
| Profit (loss) for the period | 9904 | €14,654 | €4,536 | -€10,119 | -69.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,654 | €4,536 | -€10,119 | -69.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.