Global COMPANY: 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 COMPANY
Largest movements
- Cash -€126,956
down €126,956 (-94.4%), from €134,547 to €7,590
mainly Trade debts (-€282,254) and Investment in fixed assets (net) (-€79,319)
- Tangible fixed assets +€60,712
up €60,712 (+208.2%), from €29,156 to €89,868
- Receivables within one year -€50,970
down €50,970 (-5.2%), from €973,252 to €922,283
of which Trade receivables: -€330,779
- Trade debts -€282,254
down €282,254 (-43.1%), from €655,023 to €372,769
- Profit (loss) carried forward +€93,733
up €93,733 (+33.1%), from €282,907 to €376,640
- Other debts +€42,773
up €42,773 (+246.7%), from €17,339 to €60,113
- Debts after one year +€40,018
new in 2025: €40,018
- Tax, wage and social debts -€16,023
down €16,023 (-9.4%), from €170,180 to €154,158
of which Taxes: -€14,473
- Write-downs -€129,543
down €129,543, from €117,533 to -€12,010
- Other operating charges +€57,549
up €57,549 (+296.3%), from €19,426 to €76,975
- Gross operating margin -€13,666
down €13,666 (-5.6%), from €243,049 to €229,383
- Financial charges -€7,470
down €7,470 (-37.0%), from €20,167 to €12,697
- Taxes +€6,091
up €6,091 (+18.2%), from €33,376 to €39,467
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.
Cash bridge derived
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 | €1,153,927 | €1,036,889 | -€117,038 | -10.1% |
| Fixed assets | 21/28 | €45,920 | €106,632 | +€60,712 | +132.2% |
| Tangible fixed assets | 22/27 | €29,156 | €89,868 | +€60,712 | +208.2% |
| Furniture and vehicles | 24 | €29,156 | €89,868 | +€60,712 | +208.2% |
| Financial fixed assets | 28 | €16,764 | €16,764 | = | 0.0% |
| Current assets | 29/58 | €1,108,007 | €930,257 | -€177,750 | -16.0% |
| Amounts receivable within one year | 40/41 | €973,252 | €922,283 | -€50,970 | -5.2% |
| Trade receivables | 40 | €809,663 | €478,885 | -€330,779 | -40.9% |
| Other amounts receivable | 41 | €163,589 | €443,398 | +€279,809 | +171.0% |
| Cash at bank and in hand | 54/58 | €134,547 | €7,590 | -€126,956 | -94.4% |
| Deferred charges and accrued income | 490/1 | €208 | €384 | +€176 | +84.4% |
| Total equity and liabilities | 10/49 | €1,153,927 | €1,036,889 | -€117,038 | -10.1% |
| Equity | 10/15 | €303,367 | €397,100 | +€93,733 | +30.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €282,907 | €376,640 | +€93,733 | +33.1% |
| Amounts payable | 17/49 | €850,560 | €639,790 | -€210,771 | -24.8% |
| Amounts payable after more than one year | 17 | - | €40,018 | +€40,018 | |
| Financial debts | 170/4 | - | €40,018 | +€40,018 | |
| Amounts payable within one year | 42/48 | €850,560 | €599,772 | -€250,788 | -29.5% |
| Current portion of amounts payable after more than one year | 42 | - | €12,732 | +€12,732 | |
| Financial debts | 43 | €17 | - | -€17 | |
| Credit institutions | 430/8 | €17 | - | -€17 | |
| Trade debts | 44 | €655,023 | €372,769 | -€282,254 | -43.1% |
| Suppliers | 440/4 | €655,023 | €372,769 | -€282,254 | -43.1% |
| Advances received on contracts in progress | 46 | €8,000 | - | -€8,000 | |
| Taxes, remuneration and social security | 45 | €170,180 | €154,158 | -€16,023 | -9.4% |
| Taxes | 450/3 | €168,630 | €154,158 | -€14,473 | -8.6% |
| Remuneration and social security | 454/9 | €1,550 | - | -€1,550 | |
| Other amounts payable | 47/48 | €17,339 | €60,113 | +€42,773 | +246.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,291 | €18,607 | -€684 | -3.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €117,533 | -€12,010 | -€129,543 | |
| Other operating charges | 640/8 | €19,426 | €76,975 | +€57,549 | +296.3% |
| Gross operating margin | 9900 | €243,049 | €229,383 | -€13,666 | -5.6% |
| Operating profit (loss) | 9901 | €86,799 | €145,811 | +€59,012 | +68.0% |
| Financial income | 75/76B | €97 | €85 | -€12 | -12.7% |
| Recurring financial income | 75 | €97 | €85 | -€12 | -12.7% |
| Financial charges | 65/66B | €20,167 | €12,697 | -€7,470 | -37.0% |
| Recurring financial charges | 65 | €20,167 | €12,697 | -€7,470 | -37.0% |
| Profit (loss) for the period before taxes | 9903 | €66,729 | €133,199 | +€66,470 | +99.6% |
| Income taxes | 67/77 | €33,376 | €39,467 | +€6,091 | +18.2% |
| Profit (loss) for the period | 9904 | €33,353 | €93,733 | +€60,379 | +181.0% |
| Profit (loss) for the period to be appropriated | 9905 | €33,353 | €93,733 | +€60,379 | +181.0% |
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 9 October 2026 via checked.be.