G.I.E. GLOBAL PROTECTION: 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.
G.I.E. GLOBAL PROTECTION
Largest movements
- Receivables within one year +€24,494
up €24,494 (+142.1%), from €17,243 to €41,736
of which Trade receivables: +€17,450
- Tangible fixed assets -€6,482
down €6,482 (-62.2%), from €10,423 to €3,941
of which Furniture and vehicles: -€6,482
- Profit (loss) carried forward +€8,830
up €8,830 (+91.7%), from €9,627 to €18,456
- Short-term financial debts +€6,824
up €6,824 (+75.4%), from €9,055 to €15,879
- Tax, wage and social debts +€1,335
up €1,335 (+60.1%), from €2,219 to €3,554
- Other debts +€817
up €817 (+35.6%), from €2,297 to €3,115
- Purchases and services -€114,830
no longer reported in 2025 (was €114,830)
- Turnover -€27,545
down €27,545 (-23.0%), from €119,843 to €92,298
- Gross operating margin +€13,785
up €13,785 (+155.0%), from €8,891 to €22,676
- Taxes +€3,350
new in 2025: €3,350
- Other operating charges -€1,443
down €1,443 (-62.1%), from €2,323 to €879
From the 2024 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.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €42,619 | €60,086 | +€17,467 | +41.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €10,423 | €3,941 | -€6,482 | -62.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €10,423 | €3,941 | -€6,482 | -62.2% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €10,423 | €3,941 | -€6,482 | -62.2% |
| Leasing and similar rights | 25 | - | €0 | = | |
| Current assets | 29/58 | €32,196 | €56,145 | +€23,949 | +74.4% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €13,677 | €13,677 | = | 0.0% |
| Stocks | 30/36 | €13,677 | €13,677 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €17,243 | €41,736 | +€24,494 | +142.1% |
| Trade receivables | 40 | €10,356 | €27,806 | +€17,450 | +168.5% |
| Other amounts receivable | 41 | €6,887 | €13,931 | +€7,044 | +102.3% |
| Cash at bank and in hand | 54/58 | €0 | €0 | = | |
| Deferred charges and accrued income | 490/1 | €1,276 | €731 | -€545 | -42.7% |
| Total equity and liabilities | 10/49 | €42,619 | €60,086 | +€17,467 | +41.0% |
| Equity | 10/15 | €23,887 | €32,716 | +€8,830 | +37.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | - | -€12,400 | |
| Other | 1109/19 | €12,400 | - | -€12,400 | |
| 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 | €9,627 | €18,456 | +€8,830 | +91.7% |
| Amounts payable | 17/49 | €18,732 | €27,370 | +€8,637 | +46.1% |
| Amounts payable after more than one year | 17 | - | €0 | = | |
| Financial debts | 170/4 | - | €0 | = | |
| Amounts payable within one year | 42/48 | €18,732 | €27,370 | +€8,637 | +46.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €9,055 | €15,879 | +€6,824 | +75.4% |
| Credit institutions | 430/8 | €9,055 | €15,879 | +€6,824 | +75.4% |
| Trade debts | 44 | €5,161 | €4,823 | -€339 | -6.6% |
| Suppliers | 440/4 | €5,161 | €4,823 | -€339 | -6.6% |
| Taxes, remuneration and social security | 45 | €2,219 | €3,554 | +€1,335 | +60.1% |
| Taxes | 450/3 | €2,219 | €3,554 | +€1,335 | +60.1% |
| Other amounts payable | 47/48 | €2,297 | €3,115 | +€817 | +35.6% |
| Turnover | 70 | €119,843 | €92,298 | -€27,545 | -23.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €114,830 | - | -€114,830 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,476 | €6,482 | -€994 | -13.3% |
| Other operating charges | 640/8 | €2,323 | €879 | -€1,443 | -62.1% |
| Gross operating margin | 9900 | €8,891 | €22,676 | +€13,785 | +155.0% |
| Operating profit (loss) | 9901 | -€908 | €15,315 | +€16,223 | |
| Financial income | 75/76B | €1 | €3 | +€3 | +320.0% |
| Recurring financial income | 75 | €1 | €3 | +€3 | +320.0% |
| Financial charges | 65/66B | €2,796 | €3,139 | +€343 | +12.3% |
| Recurring financial charges | 65 | €2,796 | €3,139 | +€343 | +12.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,703 | €12,180 | +€15,882 | |
| Income taxes | 67/77 | - | €3,350 | +€3,350 | |
| Profit (loss) for the period | 9904 | -€3,703 | €8,830 | +€12,532 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,703 | €8,830 | +€12,532 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.