GLJ: what changed
What changed
GLJ
NACE 52.250, Logistics services
filed annual accounts (NBB)
Net result for the year
€706
2023 · -€1,044+€1,750
Equity
€30,428
2023 · €29,722+€706
Cash
€8,011
2023 · €8,530-€518
Balance sheet total
€59,276
2023 · €73,350-€14,073
Largest movements
Assets
- Receivables within one year -€18,292
down €18,292 (-29.1%), from €62,842 to €44,551
of which Trade receivables: -€12,259
- Tangible fixed assets +€5,064
up €5,064 (+9,365%), from €54 to €5,118
of which Plant, machinery and equipment: +€4,075
Equity and liabilities
- Trade debts -€15,648
down €15,648 (-65.1%), from €24,020 to €8,372
- Tax, wage and social debts +€869
up €869 (+4.4%), from €19,608 to €20,477
of which Taxes: +€3,062
Income statement
- Gross operating margin +€5,774
up €5,774 (+22.8%), from €25,286 to €31,061
- Other operating charges +€4,389
up €4,389 (+1,075%), from €408 to €4,798
- Taxes +€2,000
new in 2024: €2,000
- Financial charges -€1,210
down €1,210 (-77.3%), from €1,565 to €355
- Staff costs -€1,064
down €1,064 (-4.5%), from €23,414 to €22,350
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
-€1,044
Gross operating margin
+€5,774
Staff costs
+€1,064
Depreciation
+€90
Other operating charges
-€4,389
Financial income
+€1
Financial charges
+€1,210
Taxes
-€2,000
Result 2024
€706
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€5,398
Investment
-€5,916
Financing
€0
Cash 2023
€8,530
From operations (derived)
+€5,398
Net result for the year
+€706
Depreciation
+€853
Receivables within one year
+€18,292
Deferred charges and accrued income
+€327
Trade debts
-€15,648
Tax, wage and social debts
+€869
Investment (derived)
-€5,916
Investment in fixed assets (net)
-€5,916
Cash 2024
€8,011
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €73,350 | €59,276 | -€14,073 | -19.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €54 | €5,118 | +€5,064 | +9,365% |
| Tangible fixed assets | 22/27 | €54 | €5,118 | +€5,064 | +9,365% |
| Plant, machinery and equipment | 23 | - | €4,075 | +€4,075 | |
| Furniture and vehicles | 24 | €54 | €1,043 | +€989 | +1,829% |
| Current assets | 29/58 | €73,296 | €54,159 | -€19,137 | -26.1% |
| Amounts receivable within one year | 40/41 | €62,842 | €44,551 | -€18,292 | -29.1% |
| Trade receivables | 40 | €55,422 | €43,163 | -€12,259 | -22.1% |
| Other amounts receivable | 41 | €7,421 | €1,388 | -€6,033 | -81.3% |
| Cash at bank and in hand | 54/58 | €8,530 | €8,011 | -€518 | -6.1% |
| Deferred charges and accrued income | 490/1 | €1,924 | €1,597 | -€327 | -17.0% |
| Total equity and liabilities | 10/49 | €73,350 | €59,276 | -€14,073 | -19.2% |
| Equity | 10/15 | €29,722 | €30,428 | +€706 | +2.4% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €36,690 | €36,690 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €36,690 | €36,690 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,028 | -€14,322 | +€706 | +4.7% |
| Amounts payable | 17/49 | €43,627 | €28,848 | -€14,779 | -33.9% |
| Amounts payable within one year | 42/48 | €43,627 | €28,848 | -€14,779 | -33.9% |
| Trade debts | 44 | €24,020 | €8,372 | -€15,648 | -65.1% |
| Suppliers | 440/4 | €24,020 | €8,372 | -€15,648 | -65.1% |
| Taxes, remuneration and social security | 45 | €19,608 | €20,477 | +€869 | +4.4% |
| Taxes | 450/3 | €10,671 | €13,732 | +€3,062 | +28.7% |
| Remuneration and social security | 454/9 | €8,937 | €6,745 | -€2,193 | -24.5% |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €23,414 | €22,350 | -€1,064 | -4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €943 | €853 | -€90 | -9.5% |
| Other operating charges | 640/8 | €408 | €4,798 | +€4,389 | +1,075% |
| Gross operating margin | 9900 | €25,286 | €31,061 | +€5,774 | +22.8% |
| Operating profit (loss) | 9901 | €521 | €3,060 | +€2,540 | +488% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,565 | €355 | -€1,210 | -77.3% |
| Recurring financial charges | 65 | €1,565 | €355 | -€1,210 | -77.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,044 | €2,706 | +€3,750 | |
| Income taxes | 67/77 | - | €2,000 | +€2,000 | |
| Profit (loss) for the period | 9904 | -€1,044 | €706 | +€1,750 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,044 | €706 | +€1,750 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.