GLOBAFINANCE: what changed
GLOBAFINANCE
Largest movements
- Receivables within one year +€17,388
up €17,388 (+15.0%), from €116,145 to €133,533
of which Other amounts receivable: +€15,114
- Cash -€4,496
no longer reported in 2023 (was €4,496)
mainly Receivables within one year (-€17,388) and Trade debts (-€290)
- Profit (loss) carried forward +€8,094
up €8,094 (+16.0%), from €50,644 to €58,738
- Tax, wage and social debts +€2,522
up €2,522 (+5.8%), from €43,280 to €45,801
- Short-term financial debts +€2,066
new in 2023: €2,066
- Gross operating margin -€19,578
down €19,578 (-61.2%), from €32,014 to €12,436
- Other operating charges -€3,202
no longer reported in 2023 (was €3,202)
- Taxes -€3,104
down €3,104 (-44.3%), from €7,004 to €3,900
- Financial charges -€1,300
down €1,300 (-74.6%), from €1,742 to €442
Change in the result, 2022 to 2023
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2022 and 2023 balance sheets and the 2023 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €120,642 | €133,533 | +€12,892 | +10.7% |
| Current assets | 29/58 | €120,642 | €133,533 | +€12,892 | +10.7% |
| Amounts receivable within one year | 40/41 | €116,145 | €133,533 | +€17,388 | +15.0% |
| Trade receivables | 40 | €25,878 | €28,152 | +€2,274 | +8.8% |
| Other amounts receivable | 41 | €90,267 | €105,381 | +€15,114 | +16.7% |
| Cash at bank and in hand | 54/58 | €4,496 | - | -€4,496 | |
| Total equity and liabilities | 10/49 | €120,642 | €133,533 | +€12,892 | +10.7% |
| Equity | 10/15 | €71,356 | €79,451 | +€8,094 | +11.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €712 | €712 | = | 0.0% |
| Non-distributable reserves | 130/1 | €712 | €712 | = | 0.0% |
| Reserves not available under the articles | 1311 | €712 | €712 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,644 | €58,738 | +€8,094 | +16.0% |
| Amounts payable | 17/49 | €49,285 | €54,082 | +€4,797 | +9.7% |
| Amounts payable within one year | 42/48 | €49,285 | €54,082 | +€4,797 | +9.7% |
| Financial debts | 43 | - | €2,066 | +€2,066 | |
| Credit institutions | 430/8 | - | €2,066 | +€2,066 | |
| Trade debts | 44 | €731 | €440 | -€290 | -39.7% |
| Suppliers | 440/4 | €731 | €440 | -€290 | -39.7% |
| Taxes, remuneration and social security | 45 | €43,280 | €45,801 | +€2,522 | +5.8% |
| Taxes | 450/3 | €43,280 | €45,801 | +€2,522 | +5.8% |
| Other amounts payable | 47/48 | €5,275 | €5,775 | +€500 | +9.5% |
| Other operating charges | 640/8 | €3,202 | - | -€3,202 | |
| Gross operating margin | 9900 | €32,014 | €12,436 | -€19,578 | -61.2% |
| Operating profit (loss) | 9901 | €28,812 | €12,436 | -€16,375 | -56.8% |
| Financial charges | 65/66B | €1,742 | €442 | -€1,300 | -74.6% |
| Recurring financial charges | 65 | €1,742 | €442 | -€1,300 | -74.6% |
| Profit (loss) for the period before taxes | 9903 | €27,069 | €11,994 | -€15,075 | -55.7% |
| Income taxes | 67/77 | €7,004 | €3,900 | -€3,104 | -44.3% |
| Profit (loss) for the period | 9904 | €20,065 | €8,094 | -€11,971 | -59.7% |
| Profit (loss) for the period to be appropriated | 9905 | €20,065 | €8,094 | -€11,971 | -59.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.