GLOBAL FARM 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 FARM SERVICES
Largest movements
- Receivables within one year -€37,317
down €37,317 (-98.8%), from €37,784 to €467
- Cash +€13,181
up €13,181 (+184%), from €7,170 to €20,351
mainly Receivables within one year (+€37,317) and Other debts (+€11,326)
- Deferred charges and accrued income -€6,000
no longer reported in 2025 (was €6,000)
- Current portion of long-term debt -€19,785
no longer reported in 2025 (was €19,785)
- Debts after one year -€16,714
no longer reported in 2025 (was €16,714)
- Other debts +€11,326
up €11,326 (+11.6%), from €97,894 to €109,220
- Reserves -€7,763
down €7,763 (-49.5%), from €15,688 to €7,926
- Accrued charges and deferred income +€7,057
up €7,057 (+470%), from €1,500 to €8,557
- Financial charges +€6,913
up €6,913 (+800%), from €864 to €7,778
- Taxes -€2,605
down €2,605 (-70.4%), from €3,699 to €1,094
- Gross operating margin -€898
down €898 (-7.2%), from €12,550 to €11,652
- Financial income +€501
new in 2025: €501
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 | €238,611 | €208,475 | -€30,136 | -12.6% |
| Fixed assets | 21/28 | €187,656 | €187,656 | = | 0.0% |
| Financial fixed assets | 28 | €187,656 | €187,656 | = | 0.0% |
| Current assets | 29/58 | €50,955 | €20,818 | -€30,136 | -59.1% |
| Amounts receivable within one year | 40/41 | €37,784 | €467 | -€37,317 | -98.8% |
| Other amounts receivable | 41 | €37,784 | €467 | -€37,317 | -98.8% |
| Cash at bank and in hand | 54/58 | €7,170 | €20,351 | +€13,181 | +184% |
| Deferred charges and accrued income | 490/1 | €6,000 | - | -€6,000 | |
| Total equity and liabilities | 10/49 | €238,611 | €208,475 | -€30,136 | -12.6% |
| Equity | 10/15 | €94,480 | €90,000 | -€4,481 | -4.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €15,688 | €7,926 | -€7,763 | -49.5% |
| Distributable reserves | 133 | €15,688 | €7,926 | -€7,763 | -49.5% |
| Profit (loss) carried forward | 14 | €58,792 | €62,074 | +€3,282 | +5.6% |
| Amounts payable | 17/49 | €144,130 | €118,475 | -€25,655 | -17.8% |
| Amounts payable after more than one year | 17 | €16,714 | - | -€16,714 | |
| Financial debts | 170/4 | €16,714 | - | -€16,714 | |
| Amounts payable within one year | 42/48 | €125,916 | €109,918 | -€15,998 | -12.7% |
| Current portion of amounts payable after more than one year | 42 | €19,785 | - | -€19,785 | |
| Trade debts | 44 | €7,539 | €699 | -€6,840 | -90.7% |
| Suppliers | 440/4 | €7,539 | €699 | -€6,840 | -90.7% |
| Taxes, remuneration and social security | 45 | €699 | - | -€699 | |
| Taxes | 450/3 | €699 | - | -€699 | |
| Other amounts payable | 47/48 | €97,894 | €109,220 | +€11,326 | +11.6% |
| Accrued charges and deferred income | 492/3 | €1,500 | €8,557 | +€7,057 | +470% |
| Other operating charges | 640/8 | €62 | - | -€62 | |
| Gross operating margin | 9900 | €12,550 | €11,652 | -€898 | -7.2% |
| Operating profit (loss) | 9901 | €12,488 | €11,652 | -€836 | -6.7% |
| Financial income | 75/76B | - | €501 | +€501 | |
| Recurring financial income | 75 | - | €501 | +€501 | |
| Financial charges | 65/66B | €864 | €7,778 | +€6,913 | +800% |
| Recurring financial charges | 65 | €864 | €7,778 | +€6,913 | +800% |
| Profit (loss) for the period before taxes | 9903 | €11,624 | €4,376 | -€7,248 | -62.4% |
| Income taxes | 67/77 | €3,699 | €1,094 | -€2,605 | -70.4% |
| Profit (loss) for the period | 9904 | €7,926 | €3,282 | -€4,644 | -58.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,926 | €3,282 | -€4,644 | -58.6% |
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 25 October 2026 via checked.be.