GLOBAL CAR: 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 CAR
Largest movements
- Stocks and contracts -€33,805
down €33,805 (-14.9%), from €227,609 to €193,804
- Receivables after one year +€29,161
up €29,161 (+706%), from €4,132 to €33,294
- Current investments +€23,000
up €23,000 (+2.9%), from €800,000 to €823,000
- Receivables within one year -€15,374
down €15,374 (-59.3%), from €25,905 to €10,532
of which Other amounts receivable: -€16,303
- Cash -€14,829
down €14,829 (-7.7%), from €193,778 to €178,949
mainly Tax, wage and social debts (-€50,315) and Receivables after one year (-€29,161)
- Tax, wage and social debts -€50,315
down €50,315 (-92.7%), from €54,287 to €3,972
- Profit (loss) carried forward +€46,854
up €46,854 (+10.0%), from €467,008 to €513,863
- Turnover +€134,984
up €134,984 (+15.9%), from €850,455 to €985,439
- Purchases and services +€107,112
up €107,112 (+12.5%), from €859,394 to €966,506
- Gross operating margin +€31,384
up €31,384, from -€9,235 to €22,149
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 | €1,258,256 | €1,255,059 | -€3,197 | -0.3% |
| Fixed assets | 21/28 | €3,506 | €12,891 | +€9,385 | +268% |
| Tangible fixed assets | 22/27 | €3,456 | €12,841 | +€9,385 | +272% |
| Plant, machinery and equipment | 23 | €2,763 | €1,943 | -€820 | -29.7% |
| Furniture and vehicles | 24 | €693 | €556 | -€137 | -19.8% |
| Other tangible fixed assets | 26 | - | €10,343 | +€10,343 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €1,254,750 | €1,242,167 | -€12,583 | -1.0% |
| Amounts receivable after more than one year | 29 | €4,132 | €33,294 | +€29,161 | +706% |
| Other amounts receivable | 291 | €4,132 | €33,294 | +€29,161 | +706% |
| Stocks and contracts in progress | 3 | €227,609 | €193,804 | -€33,805 | -14.9% |
| Stocks | 30/36 | €227,609 | €193,804 | -€33,805 | -14.9% |
| Amounts receivable within one year | 40/41 | €25,905 | €10,532 | -€15,374 | -59.3% |
| Trade receivables | 40 | €148 | €1,078 | +€929 | +626% |
| Other amounts receivable | 41 | €25,757 | €9,454 | -€16,303 | -63.3% |
| Current investments | 50/53 | €800,000 | €823,000 | +€23,000 | +2.9% |
| Cash at bank and in hand | 54/58 | €193,778 | €178,949 | -€14,829 | -7.7% |
| Deferred charges and accrued income | 490/1 | €3,326 | €2,589 | -€737 | -22.2% |
| Total equity and liabilities | 10/49 | €1,258,256 | €1,255,059 | -€3,197 | -0.3% |
| Equity | 10/15 | €1,193,350 | €1,239,992 | +€46,642 | +3.9% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Capital | 10 | €125,000 | €125,000 | = | 0.0% |
| Issued capital | 100 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €601,341 | €601,129 | -€212 | 0.0% |
| Non-distributable reserves | 130/1 | €12,500 | €12,500 | = | 0.0% |
| Legal reserve | 130 | €12,500 | €12,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €41,250 | €41,038 | -€212 | -0.5% |
| Distributable reserves | 133 | €547,591 | €547,591 | = | 0.0% |
| Profit (loss) carried forward | 14 | €467,008 | €513,863 | +€46,854 | +10.0% |
| Provisions and deferred taxes | 16 | €7,500 | €7,429 | -€71 | -0.9% |
| Deferred taxes | 168 | €7,500 | €7,429 | -€71 | -0.9% |
| Amounts payable | 17/49 | €57,406 | €7,637 | -€49,769 | -86.7% |
| Amounts payable within one year | 42/48 | €57,406 | €6,894 | -€50,513 | -88.0% |
| Trade debts | 44 | €3,119 | €2,922 | -€197 | -6.3% |
| Suppliers | 440/4 | €3,119 | €2,922 | -€197 | -6.3% |
| Taxes, remuneration and social security | 45 | €54,287 | €3,972 | -€50,315 | -92.7% |
| Taxes | 450/3 | €54,287 | €3,972 | -€50,315 | -92.7% |
| Accrued charges and deferred income | 492/3 | - | €743 | +€743 | |
| Turnover | 70 | €850,455 | €985,439 | +€134,984 | +15.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €859,394 | €966,506 | +€107,112 | +12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,476 | €1,390 | -€85 | -5.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€5,000 | - | +€5,000 | |
| Other operating charges | 640/8 | €1,835 | €2,108 | +€273 | +14.9% |
| Gross operating margin | 9900 | -€9,235 | €22,149 | +€31,384 | |
| Operating profit (loss) | 9901 | -€7,546 | €18,650 | +€26,196 | |
| Financial income | 75/76B | €29,162 | €32,598 | +€3,437 | +11.8% |
| Recurring financial income | 75 | €29,162 | €32,598 | +€3,437 | +11.8% |
| Financial charges | 65/66B | €6,402 | €4,437 | -€1,965 | -30.7% |
| Recurring financial charges | 65 | €6,402 | €4,437 | -€1,965 | -30.7% |
| Profit (loss) for the period before taxes | 9903 | €15,214 | €46,812 | +€31,598 | +208% |
| Transfer from deferred taxes | 780 | - | €71 | +€71 | |
| Income taxes | 67/77 | €7,935 | €240 | -€7,695 | -97.0% |
| Profit (loss) for the period | 9904 | €7,279 | €46,642 | +€39,364 | +541% |
| Transfer from tax-exempt reserves | 789 | - | €212 | +€212 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,279 | €46,854 | +€39,576 | +544% |
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 23 October 2026 via checked.be.