Global Build: 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.
Global Build
Largest movements
- Stocks and contracts +€19,637
new in 2025: €19,637
- Cash -€12,167
down €12,167 (-20.1%), from €60,539 to €48,372
mainly Contributions, distributions and other (-€28,631) and Stocks and contracts (-€19,637)
- Receivables within one year -€3,921
down €3,921 (-46.9%), from €8,367 to €4,446
of which Other amounts receivable: -€3,921
- Tangible fixed assets -€2,510
down €2,510 (-38.1%), from €6,583 to €4,073
of which Furniture and vehicles: -€1,899
- Reserves -€8,715
down €8,715 (-12.4%), from €70,077 to €61,362
of which Distributable reserves: -€8,715
- Other debts +€8,178
new in 2025: €8,178
- Tax, wage and social debts +€1,466
up €1,466 (+184%), from €795 to €2,261
- Gross operating margin +€33,148
up €33,148, from -€2,395 to €30,753
- Depreciation -€8,009
down €8,009 (-76.1%), from €10,519 to €2,510
- Taxes +€5,466
up €5,466 (+687%), from €795 to €6,261
- Financial charges -€313
down €313 (-29.1%), from €1,073 to €761
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.
Derived cash bridge
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 | €75,813 | €76,527 | +€714 | +0.9% |
| Fixed assets | 21/28 | €6,583 | €4,073 | -€2,510 | -38.1% |
| Tangible fixed assets | 22/27 | €6,583 | €4,073 | -€2,510 | -38.1% |
| Plant, machinery and equipment | 23 | €1,555 | €945 | -€611 | -39.3% |
| Furniture and vehicles | 24 | €5,028 | €3,128 | -€1,899 | -37.8% |
| Current assets | 29/58 | €69,231 | €72,454 | +€3,224 | +4.7% |
| Stocks and contracts in progress | 3 | - | €19,637 | +€19,637 | |
| Stocks | 30/36 | - | €19,637 | +€19,637 | |
| Amounts receivable within one year | 40/41 | €8,367 | €4,446 | -€3,921 | -46.9% |
| Trade receivables | 40 | €276 | €276 | = | 0.0% |
| Other amounts receivable | 41 | €8,092 | €4,170 | -€3,921 | -48.5% |
| Cash at bank and in hand | 54/58 | €60,539 | €48,372 | -€12,167 | -20.1% |
| Deferred charges and accrued income | 490/1 | €324 | €0 | -€324 | -100% |
| Total equity and liabilities | 10/49 | €75,813 | €76,527 | +€714 | +0.9% |
| Equity | 10/15 | €72,628 | €63,913 | -€8,715 | -12.0% |
| Reserves | 13 | €70,077 | €61,362 | -€8,715 | -12.4% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €68,077 | €59,362 | -€8,715 | -12.8% |
| Profit (loss) carried forward | 14 | €2,551 | €2,551 | = | 0.0% |
| Amounts payable | 17/49 | €3,185 | €12,614 | +€9,428 | +296% |
| Amounts payable within one year | 42/48 | €3,185 | €12,614 | +€9,428 | +296% |
| Trade debts | 44 | €2,390 | €2,175 | -€215 | -9.0% |
| Suppliers | 440/4 | €2,390 | €2,175 | -€215 | -9.0% |
| Taxes, remuneration and social security | 45 | €795 | €2,261 | +€1,466 | +184% |
| Taxes | 450/3 | €795 | €2,261 | +€1,466 | +184% |
| Other amounts payable | 47/48 | - | €8,178 | +€8,178 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,519 | €2,510 | -€8,009 | -76.1% |
| Other operating charges | 640/8 | €1,619 | €1,336 | -€283 | -17.5% |
| Gross operating margin | 9900 | -€2,395 | €30,753 | +€33,148 | |
| Operating profit (loss) | 9901 | -€14,533 | €26,907 | +€41,440 | |
| Financial income | 75/76B | €0 | €31 | +€31 | +28,400% |
| Recurring financial income | 75 | €0 | €31 | +€31 | +28,400% |
| Financial charges | 65/66B | €1,073 | €761 | -€313 | -29.1% |
| Recurring financial charges | 65 | €1,073 | €761 | -€313 | -29.1% |
| Profit (loss) for the period before taxes | 9903 | -€15,606 | €26,177 | +€41,783 | |
| Income taxes | 67/77 | €795 | €6,261 | +€5,466 | +687% |
| Profit (loss) for the period | 9904 | -€16,401 | €19,916 | +€36,318 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,401 | €19,916 | +€36,318 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.