GLOBAL FISH: 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 FISH
Largest movements
- Receivables within one year +€134,467
up €134,467 (+55.7%), from €241,321 to €375,788
of which Trade receivables: +€132,220
- Cash -€9,898
down €9,898 (-53.5%), from €18,502 to €8,604
mainly Receivables within one year (-€134,467) and Contributions, distributions and other (-€30,000)
- Trade debts +€81,906
up €81,906 (+48.3%), from €169,675 to €251,581
- Tax, wage and social debts +€39,411
up €39,411 (+921%), from €4,279 to €43,690
of which Remuneration and social security: +€26,897
- Profit (loss) carried forward +€11,229
up €11,229 (+29.0%), from €38,782 to €50,011
- Debts after one year -€6,579
down €6,579 (-42.2%), from €15,595 to €9,017
- Staff costs +€58,321
up €58,321 (+68,791%), from €85 to €58,406
- Provisions -€18,943
no longer reported in 2024 (was €18,943)
- Gross operating margin +€18,001
up €18,001 (+14.3%), from €126,154 to €144,155
- Write-downs -€15,138
down €15,138 (-37.0%), from €40,895 to €25,756
- Other operating charges +€4,315
new in 2024: €4,315
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €295,133 | €417,255 | +€122,121 | +41.4% |
| Fixed assets | 21/28 | €22,528 | €19,813 | -€2,715 | -12.1% |
| Tangible fixed assets | 22/27 | €22,438 | €19,459 | -€2,979 | -13.3% |
| Furniture and vehicles | 24 | €22,438 | €19,459 | -€2,979 | -13.3% |
| Financial fixed assets | 28 | €90 | €355 | +€265 | +294% |
| Current assets | 29/58 | €272,605 | €397,441 | +€124,836 | +45.8% |
| Stocks and contracts in progress | 3 | €12,254 | €12,381 | +€127 | +1.0% |
| Stocks | 30/36 | €12,254 | €12,381 | +€127 | +1.0% |
| Amounts receivable within one year | 40/41 | €241,321 | €375,788 | +€134,467 | +55.7% |
| Trade receivables | 40 | €241,258 | €373,477 | +€132,220 | +54.8% |
| Other amounts receivable | 41 | €64 | €2,311 | +€2,247 | +3,529% |
| Cash at bank and in hand | 54/58 | €18,502 | €8,604 | -€9,898 | -53.5% |
| Deferred charges and accrued income | 490/1 | €528 | €669 | +€141 | +26.7% |
| Total equity and liabilities | 10/49 | €295,133 | €417,255 | +€122,121 | +41.4% |
| Equity | 10/15 | €65,160 | €76,389 | +€11,229 | +17.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,778 | €7,778 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,778 | €7,778 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,778 | €7,778 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,782 | €50,011 | +€11,229 | +29.0% |
| Amounts payable | 17/49 | €229,974 | €340,866 | +€110,892 | +48.2% |
| Amounts payable after more than one year | 17 | €15,595 | €9,017 | -€6,579 | -42.2% |
| Financial debts | 170/4 | €15,595 | €9,017 | -€6,579 | -42.2% |
| Amounts payable within one year | 42/48 | €214,378 | €331,849 | +€117,471 | +54.8% |
| Current portion of amounts payable after more than one year | 42 | €6,425 | €6,579 | +€154 | +2.4% |
| Trade debts | 44 | €169,675 | €251,581 | +€81,906 | +48.3% |
| Suppliers | 440/4 | €169,675 | €251,581 | +€81,906 | +48.3% |
| Taxes, remuneration and social security | 45 | €4,279 | €43,690 | +€39,411 | +921% |
| Taxes | 450/3 | €4,279 | €16,793 | +€12,514 | +292% |
| Remuneration and social security | 454/9 | - | €26,897 | +€26,897 | |
| Other amounts payable | 47/48 | €34,000 | €30,000 | -€4,000 | -11.8% |
| Remuneration, social security and pensions | 62 | €85 | €58,406 | +€58,321 | +68,791% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,479 | €7,479 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €40,895 | €25,756 | -€15,138 | -37.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €18,943 | - | -€18,943 | |
| Other operating charges | 640/8 | - | €4,315 | +€4,315 | |
| Gross operating margin | 9900 | €126,154 | €144,155 | +€18,001 | +14.3% |
| Operating profit (loss) | 9901 | €58,752 | €48,198 | -€10,554 | -18.0% |
| Financial income | 75/76B | €228 | €100 | -€128 | -56.1% |
| Recurring financial income | 75 | €228 | €100 | -€128 | -56.1% |
| Financial charges | 65/66B | €938 | €826 | -€112 | -11.9% |
| Recurring financial charges | 65 | €938 | €826 | -€112 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | €58,042 | €47,472 | -€10,570 | -18.2% |
| Income taxes | 67/77 | €5,649 | €6,243 | +€594 | +10.5% |
| Profit (loss) for the period | 9904 | €52,393 | €41,229 | -€11,164 | -21.3% |
| Profit (loss) for the period to be appropriated | 9905 | €52,393 | €41,229 | -€11,164 | -21.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.