GLOBAL CRANES: 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 CRANES
Largest movements
- Cash +€537,651
up €537,651 (+98.1%), from €547,893 to €1.1m
mainly Net result for the year (+€1.1m) and Short-term financial debts (+€79,941)
- Current investments +€426,398
up €426,398 (+47.7%), from €894,453 to €1.3m
- Receivables within one year +€238,433
up €238,433 (+83.6%), from €285,161 to €523,594
of which Other amounts receivable: +€206,782
- Stocks and contracts -€36,004
down €36,004 (-33.3%), from €108,184 to €72,180
- Reserves +€1.1m
up €1.1m (+75.6%), from €1.5m to €2.6m
of which Distributable reserves: +€638,500
- Short-term financial debts +€79,941
up €79,941 (+209%), from €38,293 to €118,234
- Trade debts -€69,905
down €69,905 (-57.0%), from €122,641 to €52,735
- Tax, wage and social debts +€54,151
up €54,151 (+57.6%), from €93,939 to €148,090
of which Taxes: +€56,654
- Gross operating margin +€593,605
up €593,605 (+48.5%), from €1.2m to €1.8m
- Taxes +€115,624
up €115,624 (+33.6%), from €343,857 to €459,481
- Financial charges +€74,553
up €74,553 (+52.6%), from €141,660 to €216,213
- Financial income +€27,764
up €27,764 (+16.3%), from €170,080 to €197,845
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 | €1,849,813 | €3,037,163 | +€1.2m | +64.2% |
| Fixed assets | 21/28 | €10,622 | €29,130 | +€18,508 | +174% |
| Tangible fixed assets | 22/27 | €7,322 | €22,965 | +€15,643 | +214% |
| Plant, machinery and equipment | 23 | - | €9,953 | +€9,953 | |
| Furniture and vehicles | 24 | €7,322 | €13,011 | +€5,689 | +77.7% |
| Financial fixed assets | 28 | €3,300 | €6,165 | +€2,865 | +86.8% |
| Current assets | 29/58 | €1,839,191 | €3,008,033 | +€1.2m | +63.6% |
| Stocks and contracts in progress | 3 | €108,184 | €72,180 | -€36,004 | -33.3% |
| Stocks | 30/36 | €108,184 | €72,180 | -€36,004 | -33.3% |
| Amounts receivable within one year | 40/41 | €285,161 | €523,594 | +€238,433 | +83.6% |
| Trade receivables | 40 | €123,215 | €154,867 | +€31,651 | +25.7% |
| Other amounts receivable | 41 | €161,946 | €368,728 | +€206,782 | +128% |
| Current investments | 50/53 | €894,453 | €1,320,851 | +€426,398 | +47.7% |
| Cash at bank and in hand | 54/58 | €547,893 | €1,085,544 | +€537,651 | +98.1% |
| Deferred charges and accrued income | 490/1 | €3,500 | €5,864 | +€2,364 | +67.6% |
| Total equity and liabilities | 10/49 | €1,849,813 | €3,037,163 | +€1.2m | +64.2% |
| Equity | 10/15 | €1,551,300 | €2,674,343 | +€1.1m | +72.4% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €1,485,510 | €2,608,850 | +€1.1m | +75.6% |
| Non-distributable reserves | 130/1 | €20,910 | €21,600 | +€690 | +3.3% |
| Legal reserve | 130 | €20,910 | €21,600 | +€690 | +3.3% |
| Tax-exempt reserves | 132 | €757,800 | €1,241,950 | +€484,150 | +63.9% |
| Distributable reserves | 133 | €706,800 | €1,345,300 | +€638,500 | +90.3% |
| Profit (loss) carried forward | 14 | €790 | €493 | -€297 | -37.6% |
| Provisions and deferred taxes | 16 | €5,000 | €5,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €5,000 | €5,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable | 17/49 | €293,513 | €357,820 | +€64,307 | +21.9% |
| Amounts payable within one year | 42/48 | €293,513 | €357,820 | +€64,307 | +21.9% |
| Financial debts | 43 | €38,293 | €118,234 | +€79,941 | +209% |
| Credit institutions | 430/8 | €38,293 | €118,234 | +€79,941 | +209% |
| Trade debts | 44 | €122,641 | €52,735 | -€69,905 | -57.0% |
| Suppliers | 440/4 | €122,641 | €52,735 | -€69,905 | -57.0% |
| Taxes, remuneration and social security | 45 | €93,939 | €148,090 | +€54,151 | +57.6% |
| Taxes | 450/3 | €81,056 | €137,710 | +€56,654 | +69.9% |
| Remuneration and social security | 454/9 | €12,883 | €10,379 | -€2,503 | -19.4% |
| Other amounts payable | 47/48 | €38,640 | €38,761 | +€121 | +0.3% |
| Remuneration, social security and pensions | 62 | €53,039 | €58,080 | +€5,041 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,126 | €4,876 | +€2,750 | +129% |
| Other operating charges | 640/8 | €7,443 | €1,489 | -€5,954 | -80.0% |
| Non-recurring operating charges | 66A | - | €126,560 | +€126,560 | |
| Gross operating margin | 9900 | €1,223,292 | €1,816,897 | +€593,605 | +48.5% |
| Operating profit (loss) | 9901 | €1,160,685 | €1,625,893 | +€465,207 | +40.1% |
| Financial income | 75/76B | €170,080 | €197,845 | +€27,764 | +16.3% |
| Recurring financial income | 75 | €170,080 | €197,845 | +€27,764 | +16.3% |
| Financial charges | 65/66B | €141,660 | €216,213 | +€74,553 | +52.6% |
| Recurring financial charges | 65 | €141,660 | €216,213 | +€74,553 | +52.6% |
| Profit (loss) for the period before taxes | 9903 | €1,189,106 | €1,607,524 | +€418,418 | +35.2% |
| Income taxes | 67/77 | €343,857 | €459,481 | +€115,624 | +33.6% |
| Profit (loss) for the period | 9904 | €845,249 | €1,148,043 | +€302,794 | +35.8% |
| Transfer to tax-exempt reserves | 689 | €421,000 | €484,150 | +€63,150 | +15.0% |
| Profit (loss) for the period to be appropriated | 9905 | €424,249 | €663,893 | +€239,644 | +56.5% |
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 24 October 2026 via checked.be.