UZ GLASS: 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.
UZ GLASS
Largest movements
- Tangible fixed assets -€4,748
down €4,748 (-49.4%), from €9,607 to €4,859
- Cash -€4,232
down €4,232 (-45.5%), from €9,295 to €5,062
- Receivables within one year -€1,923
no longer reported in 2025 (was €1,923)
- Deferred charges and accrued income -€483
no longer reported in 2025 (was €483)
- Profit (loss) carried forward -€17,401
down €17,401 (-77.1%), from -€22,568 to -€39,969
- Other debts +€8,117
up €8,117 (+71.0%), from €11,438 to €19,555
- Trade debts -€4,949
down €4,949 (-87.1%), from €5,679 to €730
- Tax, wage and social debts +€2,846
up €2,846 (+2,336%), from €122 to €2,968
of which Taxes: +€2,442
- Purchases and services -€29,552
no longer reported in 2025 (was €29,552)
- Gross operating margin -€23,956
down €23,956, from €6,657 to -€17,299
- Turnover -€14,832
no longer reported in 2025 (was €14,832)
- Staff costs -€13,102
no longer reported in 2025 (was €13,102)
- Other operating charges -€702
down €702 (-42.5%), from €1,652 to €950
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,670 | €10,284 | -€11,386 | -52.5% |
| Fixed assets | 21/28 | €9,970 | €5,222 | -€4,748 | -47.6% |
| Tangible fixed assets | 22/27 | €9,607 | €4,859 | -€4,748 | -49.4% |
| Furniture and vehicles | 24 | €9,607 | €4,859 | -€4,748 | -49.4% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €11,700 | €5,062 | -€6,638 | -56.7% |
| Amounts receivable within one year | 40/41 | €1,923 | - | -€1,923 | |
| Other amounts receivable | 41 | €1,923 | - | -€1,923 | |
| Cash at bank and in hand | 54/58 | €9,295 | €5,062 | -€4,232 | -45.5% |
| Deferred charges and accrued income | 490/1 | €483 | - | -€483 | |
| Total equity and liabilities | 10/49 | €21,670 | €10,284 | -€11,386 | -52.5% |
| Equity | 10/15 | -€20,568 | -€37,969 | -€17,401 | -84.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,568 | -€39,969 | -€17,401 | -77.1% |
| Amounts payable | 17/49 | €42,239 | €48,254 | +€6,015 | +14.2% |
| Amounts payable after more than one year | 17 | €25,000 | €25,000 | = | 0.0% |
| Financial debts | 170/4 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €17,239 | €23,254 | +€6,015 | +34.9% |
| Trade debts | 44 | €5,679 | €730 | -€4,949 | -87.1% |
| Suppliers | 440/4 | €5,679 | €730 | -€4,949 | -87.1% |
| Taxes, remuneration and social security | 45 | €122 | €2,968 | +€2,846 | +2,336% |
| Taxes | 450/3 | - | €2,442 | +€2,442 | |
| Remuneration and social security | 454/9 | €122 | €526 | +€404 | +332% |
| Other amounts payable | 47/48 | €11,438 | €19,555 | +€8,117 | +71.0% |
| Turnover | 70 | €14,832 | - | -€14,832 | |
| Goods, raw materials, services and sundry goods | 60/61 | €29,552 | - | -€29,552 | |
| Remuneration, social security and pensions | 62 | €13,102 | - | -€13,102 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,700 | €3,247 | +€547 | +20.2% |
| Other operating charges | 640/8 | €1,652 | €950 | -€702 | -42.5% |
| Gross operating margin | 9900 | €6,657 | -€17,299 | -€23,956 | |
| Operating profit (loss) | 9901 | -€10,797 | -€21,496 | -€10,699 | -99.1% |
| Financial charges | 65/66B | €120 | €361 | +€241 | +201% |
| Recurring financial charges | 65 | €120 | €361 | +€241 | +201% |
| Profit (loss) for the period before taxes | 9903 | -€10,917 | -€21,856 | -€10,940 | -100% |
| Profit (loss) for the period | 9904 | -€10,917 | -€21,856 | -€10,940 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,917 | -€21,856 | -€10,940 | -100% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.