GLOBAL BUSINESS SOLUTIONS: 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 BUSINESS SOLUTIONS
Largest movements
- Receivables within one year +€14,226
up €14,226 (+382%), from €3,719 to €17,945
of which Trade receivables: +€17,945
- Other debts +€9,021
up €9,021 (+3.3%), from €272,626 to €281,647
- Profit (loss) carried forward +€7,288
up €7,288 (+14.3%), from -€50,965 to -€43,677
- Tax, wage and social debts -€5,493
down €5,493 (-98.7%), from €5,568 to €74
- Gross operating margin +€27,461
up €27,461, from -€806 to €26,655
- Depreciation -€1,954
down €1,954 (-9.7%), from €20,083 to €18,129
- Other operating charges +€948
new in 2025: €948
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 | €304,221 | €316,073 | +€11,852 | +3.9% |
| Fixed assets | 21/28 | €178,130 | €177,433 | -€697 | -0.4% |
| Tangible fixed assets | 22/27 | €178,130 | €177,433 | -€697 | -0.4% |
| Land and buildings | 22 | €141,235 | €141,043 | -€192 | -0.1% |
| Plant, machinery and equipment | 23 | €22,088 | €19,970 | -€2,119 | -9.6% |
| Furniture and vehicles | 24 | €14,806 | €16,420 | +€1,614 | +10.9% |
| Current assets | 29/58 | €126,091 | €138,640 | +€12,549 | +10.0% |
| Stocks and contracts in progress | 3 | €120,526 | €118,696 | -€1,830 | -1.5% |
| Stocks | 30/36 | €120,526 | €118,696 | -€1,830 | -1.5% |
| Amounts receivable within one year | 40/41 | €3,719 | €17,945 | +€14,226 | +382% |
| Trade receivables | 40 | - | €17,945 | +€17,945 | |
| Other amounts receivable | 41 | €3,719 | €0 | -€3,719 | -100% |
| Cash at bank and in hand | 54/58 | €1,846 | €1,999 | +€154 | +8.3% |
| Total equity and liabilities | 10/49 | €304,221 | €316,073 | +€11,852 | +3.9% |
| Equity | 10/15 | €26,028 | €33,315 | +€7,288 | +28.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €26,993 | €26,993 | = | 0.0% |
| Distributable reserves | 133 | €26,993 | €26,993 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,965 | -€43,677 | +€7,288 | +14.3% |
| Amounts payable | 17/49 | €278,193 | €282,758 | +€4,565 | +1.6% |
| Amounts payable within one year | 42/48 | €278,193 | €282,758 | +€4,565 | +1.6% |
| Trade debts | 44 | - | €1,037 | +€1,037 | |
| Suppliers | 440/4 | - | €1,037 | +€1,037 | |
| Taxes, remuneration and social security | 45 | €5,568 | €74 | -€5,493 | -98.7% |
| Taxes | 450/3 | €5,568 | €74 | -€5,493 | -98.7% |
| Other amounts payable | 47/48 | €272,626 | €281,647 | +€9,021 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,083 | €18,129 | -€1,954 | -9.7% |
| Other operating charges | 640/8 | - | €948 | +€948 | |
| Gross operating margin | 9900 | -€806 | €26,655 | +€27,461 | |
| Operating profit (loss) | 9901 | -€20,889 | €7,579 | +€28,468 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -94.3% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -94.3% |
| Financial charges | 65/66B | €236 | €291 | +€55 | +23.3% |
| Recurring financial charges | 65 | €236 | €291 | +€55 | +23.3% |
| Profit (loss) for the period before taxes | 9903 | -€21,124 | €7,288 | +€28,412 | |
| Profit (loss) for the period | 9904 | -€21,124 | €7,288 | +€28,412 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,124 | €7,288 | +€28,412 |
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 25 October 2026 via checked.be.