Global Fairs: 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 Fairs
Largest movements
- Current investments +€200,000
up €200,000, from €0 to €200,000
- Cash -€114,805
down €114,805 (-53.2%), from €215,721 to €100,915
mainly Contributions, distributions and other (-€725,000) and Current investments (-€200,000)
- Deferred charges and accrued income -€77,658
down €77,658 (-50.6%), from €153,502 to €75,844
- Receivables within one year -€36,774
down €36,774 (-26.2%), from €140,531 to €103,757
of which Trade receivables: -€51,590
- Tangible fixed assets -€17,679
down €17,679 (-46.3%), from €38,143 to €20,464
of which Furniture and vehicles: -€17,170
- Other debts +€497,897
up €497,897 (+219%), from €227,103 to €725,000
- Profit (loss) carried forward -€434,221
down €434,221 (-87.3%), from €497,140 to €62,919
- Accrued charges and deferred income -€64,273
down €64,273 (-100%), from €64,273 to €0
- Trade debts -€41,545
down €41,545 (-85.2%), from €48,790 to €7,245
- Current portion of long-term debt -€30,971
down €30,971 (-100%), from €30,971 to €0
- Gross operating margin +€59,328
up €59,328 (+19.3%), from €307,607 to €366,936
- Financial income -€42,412
down €42,412 (-27.8%), from €152,492 to €110,080
- Taxes +€13,373
up €13,373 (+25.7%), from €52,031 to €65,405
- Staff costs +€12,929
up €12,929 (+15.5%), from €83,270 to €96,199
- Other operating charges -€9,286
down €9,286 (-89.0%), from €10,432 to €1,146
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 | €897,806 | €845,937 | -€51,869 | -5.8% |
| Fixed assets | 21/28 | €388,053 | €365,420 | -€22,633 | -5.8% |
| Intangible fixed assets | 21 | €14,643 | €9,690 | -€4,954 | -33.8% |
| Tangible fixed assets | 22/27 | €38,143 | €20,464 | -€17,679 | -46.3% |
| Plant, machinery and equipment | 23 | €1,552 | €1,042 | -€509 | -32.8% |
| Furniture and vehicles | 24 | €36,592 | €19,422 | -€17,170 | -46.9% |
| Financial fixed assets | 28 | €335,266 | €335,266 | = | 0.0% |
| Current assets | 29/58 | €509,753 | €480,517 | -€29,237 | -5.7% |
| Amounts receivable within one year | 40/41 | €140,531 | €103,757 | -€36,774 | -26.2% |
| Trade receivables | 40 | €134,503 | €82,912 | -€51,590 | -38.4% |
| Other amounts receivable | 41 | €6,028 | €20,845 | +€14,817 | +246% |
| Current investments | 50/53 | €0 | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €215,721 | €100,915 | -€114,805 | -53.2% |
| Deferred charges and accrued income | 490/1 | €153,502 | €75,844 | -€77,658 | -50.6% |
| Total equity and liabilities | 10/49 | €897,806 | €845,937 | -€51,869 | -5.8% |
| Equity | 10/15 | €515,740 | €81,519 | -€434,221 | -84.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €497,140 | €62,919 | -€434,221 | -87.3% |
| Amounts payable | 17/49 | €382,066 | €764,418 | +€382,352 | +100% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €317,793 | €764,418 | +€446,625 | +141% |
| Current portion of amounts payable after more than one year | 42 | €30,971 | €0 | -€30,971 | -100% |
| Trade debts | 44 | €48,790 | €7,245 | -€41,545 | -85.2% |
| Suppliers | 440/4 | €48,790 | €7,245 | -€41,545 | -85.2% |
| Taxes, remuneration and social security | 45 | €10,930 | €32,173 | +€21,243 | +194% |
| Taxes | 450/3 | €10,930 | €18,514 | +€7,585 | +69.4% |
| Remuneration and social security | 454/9 | €0 | €13,658 | +€13,658 | |
| Other amounts payable | 47/48 | €227,103 | €725,000 | +€497,897 | +219% |
| Accrued charges and deferred income | 492/3 | €64,273 | €0 | -€64,273 | -100% |
| Remuneration, social security and pensions | 62 | €83,270 | €96,199 | +€12,929 | +15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,399 | €22,633 | +€1,233 | +5.8% |
| Other operating charges | 640/8 | €10,432 | €1,146 | -€9,286 | -89.0% |
| Gross operating margin | 9900 | €307,607 | €366,936 | +€59,328 | +19.3% |
| Operating profit (loss) | 9901 | €192,506 | €246,958 | +€54,452 | +28.3% |
| Financial income | 75/76B | €152,492 | €110,080 | -€42,412 | -27.8% |
| Recurring financial income | 75 | €152,492 | €110,080 | -€42,412 | -27.8% |
| Financial charges | 65/66B | €1,413 | €854 | -€559 | -39.6% |
| Recurring financial charges | 65 | €1,413 | €854 | -€559 | -39.6% |
| Profit (loss) for the period before taxes | 9903 | €343,585 | €356,184 | +€12,599 | +3.7% |
| Income taxes | 67/77 | €52,031 | €65,405 | +€13,373 | +25.7% |
| Profit (loss) for the period | 9904 | €291,553 | €290,779 | -€775 | -0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €291,553 | €290,779 | -€775 | -0.3% |
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 26 October 2026 via checked.be.