GLOBAL CONCIERGE 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 CONCIERGE SERVICES
Largest movements
- Receivables within one year -€116,682
down €116,682 (-32.9%), from €354,582 to €237,901
of which Trade receivables: -€131,539
- Cash -€81,706
down €81,706 (-36.2%), from €225,707 to €144,001
mainly Net result for the year (-€260,727) and Contributions, distributions and other (-€120,000)
- Deferred charges and accrued income +€22,710
up €22,710 (+5450.5%), from €417 to €23,127
- Profit (loss) carried forward -€260,727
down €260,727 (-60.0%), from €434,417 to €173,691
- Trade debts +€187,583
up €187,583, from €0 to €187,583
- Reserves -€120,000
down €120,000 (-94.6%), from €126,860 to €6,860
- Short-term financial debts +€13,445
up €13,445, from €0 to €13,445
- Gross operating margin -€415,026
down €415,026, from €232,749 to -€182,277
- Taxes -€41,289
down €41,289 (-100.0%), from €41,289 to €0
- Other operating charges -€19,456
down €19,456 (-35.8%), from €54,361 to €34,905
- Financial income +€4,521
up €4,521 (+181.6%), from €2,490 to €7,011
- Financial charges -€3,538
down €3,538 (-24.2%), from €14,604 to €11,066
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.
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 | €588,621 | €408,869 | -€179,752 | -30.5% |
| Fixed assets | 21/28 | €7,915 | €3,840 | -€4,075 | -51.5% |
| Intangible fixed assets | 21 | €7,915 | €3,840 | -€4,075 | -51.5% |
| Current assets | 29/58 | €580,706 | €405,029 | -€175,677 | -30.3% |
| Amounts receivable within one year | 40/41 | €354,582 | €237,901 | -€116,682 | -32.9% |
| Trade receivables | 40 | €318,012 | €186,474 | -€131,539 | -41.4% |
| Other amounts receivable | 41 | €36,570 | €51,427 | +€14,857 | +40.6% |
| Cash at bank and in hand | 54/58 | €225,707 | €144,001 | -€81,706 | -36.2% |
| Deferred charges and accrued income | 490/1 | €417 | €23,127 | +€22,710 | +5450.5% |
| Total equity and liabilities | 10/49 | €588,621 | €408,869 | -€179,752 | -30.5% |
| Equity | 10/15 | €579,877 | €199,151 | -€380,727 | -65.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €126,860 | €6,860 | -€120,000 | -94.6% |
| Distributable reserves | 133 | €126,860 | €6,860 | -€120,000 | -94.6% |
| Profit (loss) carried forward | 14 | €434,417 | €173,691 | -€260,727 | -60.0% |
| Amounts payable | 17/49 | €8,744 | €209,718 | +€200,974 | +2298.5% |
| Amounts payable within one year | 42/48 | €1,289 | €201,028 | +€199,739 | +15495.2% |
| Financial debts | 43 | €0 | €13,445 | +€13,445 | |
| Credit institutions | 430/8 | €0 | €13,445 | +€13,445 | |
| Trade debts | 44 | €0 | €187,583 | +€187,583 | |
| Suppliers | 440/4 | €0 | €187,583 | +€187,583 | |
| Taxes, remuneration and social security | 45 | €1,289 | €0 | -€1,289 | -100.0% |
| Taxes | 450/3 | €1,289 | €0 | -€1,289 | -100.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €7,455 | €8,690 | +€1,235 | +16.6% |
| Non-recurring operating income | 76A | €500 | €0 | -€500 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,249 | €4,075 | -€174 | -4.1% |
| Other operating charges | 640/8 | €54,361 | €34,905 | -€19,456 | -35.8% |
| Non-recurring operating charges | 66A | - | €35,415 | +€35,415 | |
| Gross operating margin | 9900 | €232,749 | -€182,277 | -€415,026 | |
| Operating profit (loss) | 9901 | €174,140 | -€256,672 | -€430,811 | |
| Financial income | 75/76B | €2,490 | €7,011 | +€4,521 | +181.6% |
| Recurring financial income | 75 | €2,490 | €7,011 | +€4,521 | +181.6% |
| Financial charges | 65/66B | €14,604 | €11,066 | -€3,538 | -24.2% |
| Recurring financial charges | 65 | €14,604 | €11,066 | -€3,538 | -24.2% |
| Profit (loss) for the period before taxes | 9903 | €162,026 | -€260,727 | -€422,752 | |
| Income taxes | 67/77 | €41,289 | €0 | -€41,289 | -100.0% |
| Profit (loss) for the period | 9904 | €120,737 | -€260,727 | -€381,463 | |
| Profit (loss) for the period to be appropriated | 9905 | €120,737 | -€260,727 | -€381,463 |
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 12 October 2026 via checked.be.