Global Electrics: 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 Electrics
Largest movements
- Receivables within one year +€77,886
up €77,886 (+773.7%), from €10,066 to €87,953
of which Trade receivables: +€67,680
- Cash +€25,541
up €25,541 (+23.6%), from €108,034 to €133,574
mainly Trade debts (+€61,083) and Net result for the year (+€25,997)
- Tangible fixed assets -€9,711
down €9,711 (-74.0%), from €13,131 to €3,420
- Trade debts +€61,083
up €61,083 (+98.7%), from €61,870 to €122,953
- Profit (loss) carried forward +€25,997
up €25,997 (+70.3%), from €36,981 to €62,978
- Other debts +€6,301
up €6,301 (+34.5%), from €18,268 to €24,569
- Turnover +€83,942
up €83,942 (+22.2%), from €378,878 to €462,821
- Purchases and services +€78,239
up €78,239 (+21.8%), from €359,560 to €437,798
- Gross operating margin +€6,192
up €6,192 (+25.6%), from €24,198 to €30,390
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 | €131,579 | €226,113 | +€94,534 | +71.8% |
| Fixed assets | 21/28 | €13,131 | €3,420 | -€9,711 | -74.0% |
| Tangible fixed assets | 22/27 | €13,131 | €3,420 | -€9,711 | -74.0% |
| Furniture and vehicles | 24 | €13,131 | €3,420 | -€9,711 | -74.0% |
| Current assets | 29/58 | €118,447 | €222,693 | +€104,246 | +88.0% |
| Amounts receivable within one year | 40/41 | €10,066 | €87,953 | +€77,886 | +773.7% |
| Trade receivables | 40 | €3,842 | €71,522 | +€67,680 | +1761.5% |
| Other amounts receivable | 41 | €6,224 | €16,431 | +€10,206 | +164.0% |
| Cash at bank and in hand | 54/58 | €108,034 | €133,574 | +€25,541 | +23.6% |
| Deferred charges and accrued income | 490/1 | €347 | €1,165 | +€819 | +235.9% |
| Total equity and liabilities | 10/49 | €131,579 | €226,113 | +€94,534 | +71.8% |
| Equity | 10/15 | €46,981 | €72,978 | +€25,997 | +55.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | €10,000 | €10,000 | = | 0.0% |
| Issued capital | 100 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,981 | €62,978 | +€25,997 | +70.3% |
| Amounts payable | 17/49 | €84,598 | €153,135 | +€68,537 | +81.0% |
| Amounts payable within one year | 42/48 | €84,598 | €153,135 | +€68,537 | +81.0% |
| Trade debts | 44 | €61,870 | €122,953 | +€61,083 | +98.7% |
| Suppliers | 440/4 | €61,870 | €122,953 | +€61,083 | +98.7% |
| Advances received on contracts in progress | 46 | €4,460 | €4,460 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €1,153 | +€1,153 | |
| Remuneration and social security | 454/9 | - | €1,153 | +€1,153 | |
| Other amounts payable | 47/48 | €18,268 | €24,569 | +€6,301 | +34.5% |
| Turnover | 70 | €378,878 | €462,821 | +€83,942 | +22.2% |
| Non-recurring operating income | 76A | - | €338 | +€338 | |
| Goods, raw materials, services and sundry goods | 60/61 | €359,560 | €437,798 | +€78,239 | +21.8% |
| Remuneration, social security and pensions | 62 | - | €33 | +€33 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,882 | €549 | -€3,333 | -85.9% |
| Other operating charges | 640/8 | €2,571 | €3,471 | +€900 | +35.0% |
| Gross operating margin | 9900 | €24,198 | €30,390 | +€6,192 | +25.6% |
| Operating profit (loss) | 9901 | €17,745 | €26,336 | +€8,592 | +48.4% |
| Financial income | 75/76B | €160 | €0 | -€160 | -100.0% |
| Recurring financial income | 75 | €160 | €0 | -€160 | -100.0% |
| Financial charges | 65/66B | €409 | €340 | -€70 | -17.0% |
| Recurring financial charges | 65 | €409 | €340 | -€70 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | €17,495 | €25,997 | +€8,501 | +48.6% |
| Income taxes | 67/77 | €3,026 | - | -€3,026 | |
| Profit (loss) for the period | 9904 | €14,469 | €25,997 | +€11,528 | +79.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,469 | €25,997 | +€11,528 | +79.7% |
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 11 October 2026 via checked.be.