Global Development & Analyse: what changed
Two fiscal 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 Development & Analyse
Largest movements
- Tangible fixed assets +€25,578
up €25,578 (+1381.0%), from €1,852 to €27,431
of which Furniture and vehicles: +€26,547
- Receivables within one year +€7,284
up €7,284 (+3624.4%), from €201 to €7,485
- Other debts +€46,352
up €46,352 (+109064.0%), from €43 to €46,395
- Profit (loss) carried forward -€10,149
down €10,149 (-380.1%), from -€2,670 to -€12,819
- Tax, wage and social debts -€2,064
down €2,064 (-95.5%), from €2,161 to €98
- Short-term financial debts -€1,146
no longer reported in 2025 (was €1,146)
- Gross operating margin +€2,728
up €2,728 (+28.8%), from -€9,479 to -€6,751
- Other operating charges -€1,481
down €1,481 (-93.4%), from €1,586 to €105
- Depreciation +€1,433
up €1,433 (+113.3%), from €1,265 to €2,698
- Financial charges -€355
down €355 (-37.3%), from €951 to €596
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,053 | €34,915 | +€32,862 | +1600.6% |
| Fixed assets | 21/28 | €1,852 | €27,431 | +€25,578 | +1381.0% |
| Tangible fixed assets | 22/27 | €1,852 | €27,431 | +€25,578 | +1381.0% |
| Plant, machinery and equipment | 23 | €1,565 | €597 | -€969 | -61.9% |
| Furniture and vehicles | 24 | €287 | €26,834 | +€26,547 | +9249.8% |
| Current assets | 29/58 | €201 | €7,485 | +€7,284 | +3624.4% |
| Amounts receivable within one year | 40/41 | €201 | €7,485 | +€7,284 | +3624.4% |
| Other amounts receivable | 41 | €201 | €7,485 | +€7,284 | +3624.4% |
| Total equity and liabilities | 10/49 | €2,053 | €34,915 | +€32,862 | +1600.6% |
| Equity | 10/15 | -€1,670 | -€11,819 | -€10,149 | -607.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,670 | -€12,819 | -€10,149 | -380.1% |
| Amounts payable | 17/49 | €3,723 | €46,735 | +€43,011 | +1155.2% |
| Amounts payable within one year | 42/48 | €3,723 | €46,735 | +€43,011 | +1155.2% |
| Financial debts | 43 | €1,146 | - | -€1,146 | |
| Credit institutions | 430/8 | €1,146 | - | -€1,146 | |
| Trade debts | 44 | €373 | €242 | -€131 | -35.2% |
| Suppliers | 440/4 | €373 | €242 | -€131 | -35.2% |
| Taxes, remuneration and social security | 45 | €2,161 | €98 | -€2,064 | -95.5% |
| Taxes | 450/3 | €2,161 | €98 | -€2,064 | -95.5% |
| Other amounts payable | 47/48 | €43 | €46,395 | +€46,352 | +109064.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,265 | €2,698 | +€1,433 | +113.3% |
| Other operating charges | 640/8 | €1,586 | €105 | -€1,481 | -93.4% |
| Gross operating margin | 9900 | -€9,479 | -€6,751 | +€2,728 | +28.8% |
| Operating profit (loss) | 9901 | -€12,329 | -€9,553 | +€2,776 | +22.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €951 | €596 | -€355 | -37.3% |
| Recurring financial charges | 65 | €951 | €596 | -€355 | -37.3% |
| Profit (loss) for the period before taxes | 9903 | -€13,280 | -€10,149 | +€3,131 | +23.6% |
| Profit (loss) for the period | 9904 | -€13,280 | -€10,149 | +€3,131 | +23.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,280 | -€10,149 | +€3,131 | +23.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.