B GLOBAL: 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.
B GLOBAL
Largest movements
- Tangible fixed assets -€71,610
down €71,610 (-5.8%), from €1.2m to €1.2m
of which Land and buildings: -€66,051
- Receivables within one year +€61,126
up €61,126 (+201%), from €30,427 to €91,553
of which Trade receivables: +€42,718
- Cash -€42,145
down €42,145 (-95.1%), from €44,302 to €2,157
mainly Debts after one year (-€69,966) and Receivables within one year (-€61,126)
- Receivables after one year +€35,812
up €35,812 (+16.6%), from €216,157 to €251,969
- Debts after one year -€69,966
down €69,966 (-8.3%), from €839,328 to €769,362
- Short-term financial debts +€50,001
up €50,001 (+402%), from €12,440 to €62,441
- Tax, wage and social debts -€48,337
down €48,337 (-82.9%), from €58,293 to €9,956
of which Taxes: -€48,337
- Trade debts +€34,360
up €34,360 (+27.0%), from €127,222 to €161,581
- Gross operating margin -€161,698
down €161,698 (-59.5%), from €271,536 to €109,838
- Taxes -€38,025
down €38,025 (-97.6%), from €38,942 to €917
- Other operating charges -€29,025
down €29,025 (-80.9%), from €35,885 to €6,860
- Financial income +€6,142
up €6,142 (+142%), from €4,336 to €10,479
- Financial charges -€5,846
down €5,846 (-14.2%), from €41,166 to €35,321
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,547,053 | €1,533,251 | -€13,802 | -0.9% |
| Fixed assets | 21/28 | €1,256,166 | €1,187,200 | -€68,966 | -5.5% |
| Intangible fixed assets | 21 | - | €2,644 | +€2,644 | |
| Tangible fixed assets | 22/27 | €1,239,778 | €1,168,167 | -€71,610 | -5.8% |
| Land and buildings | 22 | €1,180,348 | €1,114,297 | -€66,051 | -5.6% |
| Furniture and vehicles | 24 | €59,430 | €53,871 | -€5,559 | -9.4% |
| Financial fixed assets | 28 | €16,389 | €16,389 | = | 0.0% |
| Current assets | 29/58 | €290,886 | €346,050 | +€55,164 | +19.0% |
| Amounts receivable after more than one year | 29 | €216,157 | €251,969 | +€35,812 | +16.6% |
| Other amounts receivable | 291 | €216,157 | €251,969 | +€35,812 | +16.6% |
| Amounts receivable within one year | 40/41 | €30,427 | €91,553 | +€61,126 | +201% |
| Trade receivables | 40 | €7,807 | €50,525 | +€42,718 | +547% |
| Other amounts receivable | 41 | €22,620 | €41,027 | +€18,407 | +81.4% |
| Cash at bank and in hand | 54/58 | €44,302 | €2,157 | -€42,145 | -95.1% |
| Deferred charges and accrued income | 490/1 | - | €371 | +€371 | |
| Total equity and liabilities | 10/49 | €1,547,053 | €1,533,251 | -€13,802 | -0.9% |
| Equity | 10/15 | €372,029 | €373,432 | +€1,402 | +0.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €78,849 | €78,849 | = | 0.0% |
| Distributable reserves | 133 | €78,849 | €78,849 | = | 0.0% |
| Profit (loss) carried forward | 14 | €280,780 | €282,183 | +€1,402 | +0.5% |
| Amounts payable | 17/49 | €1,175,024 | €1,159,819 | -€15,205 | -1.3% |
| Amounts payable after more than one year | 17 | €839,328 | €769,362 | -€69,966 | -8.3% |
| Financial debts | 170/4 | €839,328 | €769,362 | -€69,966 | -8.3% |
| Amounts payable within one year | 42/48 | €335,696 | €389,107 | +€53,411 | +15.9% |
| Current portion of amounts payable after more than one year | 42 | €72,245 | €74,437 | +€2,192 | +3.0% |
| Financial debts | 43 | €12,440 | €62,441 | +€50,001 | +402% |
| Credit institutions | 430/8 | €12,440 | €62,441 | +€50,001 | +402% |
| Trade debts | 44 | €127,222 | €161,581 | +€34,360 | +27.0% |
| Suppliers | 440/4 | €127,222 | €161,581 | +€34,360 | +27.0% |
| Taxes, remuneration and social security | 45 | €58,293 | €9,956 | -€48,337 | -82.9% |
| Taxes | 450/3 | €58,293 | €9,956 | -€48,337 | -82.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €65,496 | €80,691 | +€15,195 | +23.2% |
| Accrued charges and deferred income | 492/3 | €0 | €1,350 | +€1,350 | |
| Non-recurring operating income | 76A | €26,524 | €5,428 | -€21,096 | -79.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,952 | €75,816 | -€136 | -0.2% |
| Other operating charges | 640/8 | €35,885 | €6,860 | -€29,025 | -80.9% |
| Non-recurring operating charges | 66A | €6,938 | €0 | -€6,938 | -100% |
| Gross operating margin | 9900 | €271,536 | €109,838 | -€161,698 | -59.5% |
| Operating profit (loss) | 9901 | €152,761 | €27,161 | -€125,600 | -82.2% |
| Financial income | 75/76B | €4,336 | €10,479 | +€6,142 | +142% |
| Recurring financial income | 75 | €4,336 | €10,479 | +€6,142 | +142% |
| Financial charges | 65/66B | €41,166 | €35,321 | -€5,846 | -14.2% |
| Recurring financial charges | 65 | €41,166 | €35,321 | -€5,846 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €115,931 | €2,319 | -€113,612 | -98.0% |
| Income taxes | 67/77 | €38,942 | €917 | -€38,025 | -97.6% |
| Profit (loss) for the period | 9904 | €76,989 | €1,402 | -€75,586 | -98.2% |
| Profit (loss) for the period to be appropriated | 9905 | €76,989 | €1,402 | -€75,586 | -98.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.