GLOBAL CAR SERVICES: 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 SERVICES
Largest movements
- Receivables within one year +€261,452
up €261,452 (+615%), from €42,539 to €303,991
of which Trade receivables: +€227,417
- Tangible fixed assets +€46,088
up €46,088 (+70.4%), from €65,433 to €111,521
of which Furniture and vehicles: +€45,261
- Deferred charges and accrued income +€12,372
up €12,372 (+480%), from €2,577 to €14,949
- Cash -€7,793
down €7,793 (-78.0%), from €9,986 to €2,194
mainly Receivables within one year (-€261,452) and Investment in fixed assets (net) (-€78,058)
- Other debts +€219,472
up €219,472 (+361%), from €60,809 to €280,281
- Trade debts +€72,330
up €72,330 (+340%), from €21,300 to €93,630
- Profit (loss) carried forward +€21,036
up €21,036, from -€4,914 to €16,123
- Gross operating margin +€114,603
up €114,603 (+386%), from €29,658 to €144,261
- Staff costs +€63,412
new in 2025: €63,412
- Depreciation +€15,612
up €15,612 (+95.4%), from €16,358 to €31,970
- Other operating charges +€12,980
up €12,980 (+186%), from €6,988 to €19,967
- Taxes +€7,066
new in 2025: €7,066
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 | €120,535 | €432,655 | +€312,120 | +259% |
| Fixed assets | 21/28 | €65,433 | €111,521 | +€46,088 | +70.4% |
| Tangible fixed assets | 22/27 | €65,433 | €111,521 | +€46,088 | +70.4% |
| Plant, machinery and equipment | 23 | - | €827 | +€827 | |
| Furniture and vehicles | 24 | €65,433 | €110,694 | +€45,261 | +69.2% |
| Current assets | 29/58 | €55,102 | €321,134 | +€266,032 | +483% |
| Amounts receivable within one year | 40/41 | €42,539 | €303,991 | +€261,452 | +615% |
| Trade receivables | 40 | €41,224 | €268,642 | +€227,417 | +552% |
| Other amounts receivable | 41 | €1,315 | €35,350 | +€34,035 | +2,589% |
| Cash at bank and in hand | 54/58 | €9,986 | €2,194 | -€7,793 | -78.0% |
| Deferred charges and accrued income | 490/1 | €2,577 | €14,949 | +€12,372 | +480% |
| Total equity and liabilities | 10/49 | €120,535 | €432,655 | +€312,120 | +259% |
| Equity | 10/15 | €15,086 | €36,123 | +€21,036 | +139% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,914 | €16,123 | +€21,036 | |
| Amounts payable | 17/49 | €105,449 | €396,532 | +€291,083 | +276% |
| Amounts payable within one year | 42/48 | €105,449 | €396,532 | +€291,083 | +276% |
| Trade debts | 44 | €21,300 | €93,630 | +€72,330 | +340% |
| Suppliers | 440/4 | €21,300 | €93,630 | +€72,330 | +340% |
| Taxes, remuneration and social security | 45 | €23,340 | €22,621 | -€719 | -3.1% |
| Taxes | 450/3 | €4,340 | €18,311 | +€13,971 | +322% |
| Remuneration and social security | 454/9 | €19,000 | €4,310 | -€14,690 | -77.3% |
| Other amounts payable | 47/48 | €60,809 | €280,281 | +€219,472 | +361% |
| Remuneration, social security and pensions | 62 | - | €63,412 | +€63,412 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,358 | €31,970 | +€15,612 | +95.4% |
| Other operating charges | 640/8 | €6,988 | €19,967 | +€12,980 | +186% |
| Gross operating margin | 9900 | €29,658 | €144,261 | +€114,603 | +386% |
| Operating profit (loss) | 9901 | €6,312 | €28,912 | +€22,600 | +358% |
| Financial charges | 65/66B | €860 | €810 | -€50 | -5.9% |
| Recurring financial charges | 65 | €860 | €810 | -€50 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | €5,451 | €28,102 | +€22,651 | +416% |
| Income taxes | 67/77 | - | €7,066 | +€7,066 | |
| Profit (loss) for the period | 9904 | €5,451 | €21,036 | +€15,585 | +286% |
| Profit (loss) for the period to be appropriated | 9905 | €5,451 | €21,036 | +€15,585 | +286% |
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 29 October 2026 via checked.be.