GLOBAL GROEP: 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 GROEP
Largest movements
- Receivables within one year -€69,191
down €69,191 (-55.9%), from €123,723 to €54,532
of which Trade receivables: -€59,545
- Cash +€55,814
up €55,814 (+97.7%), from €57,136 to €112,950
mainly Receivables within one year (+€69,191) and Net result for the year (+€21,503)
- Tangible fixed assets +€9,206
up €9,206 (+211%), from €4,370 to €13,577
of which Plant, machinery and equipment: +€4,677
- Stocks and contracts +€7,566
up €7,566 (+282%), from €2,685 to €10,250
- Deferred charges and accrued income -€5,972
down €5,972 (-79.0%), from €7,557 to €1,584
- Trade debts -€36,716
down €36,716 (-43.2%), from €84,932 to €48,216
- Reserves +€20,000
new in 2024: €20,000
- Tax, wage and social debts +€8,673
up €8,673 (+12.4%), from €69,755 to €78,428
of which Taxes: +€7,238
- Accrued charges and deferred income +€2,000
new in 2024: €2,000
- Other debts +€1,962
up €1,962 (+153%), from €1,279 to €3,241
- Staff costs +€281,767
up €281,767 (+93.4%), from €301,682 to €583,449
- Gross operating margin +€246,937
up €246,937 (+64.2%), from €384,580 to €631,517
- Write-downs -€64,423
no longer reported in 2024 (was €64,423)
- Other operating charges +€9,606
up €9,606 (+383%), from €2,506 to €12,112
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 | €195,471 | €192,893 | -€2,578 | -1.3% |
| Fixed assets | 21/28 | €4,370 | €13,577 | +€9,206 | +211% |
| Tangible fixed assets | 22/27 | €4,370 | €13,577 | +€9,206 | +211% |
| Plant, machinery and equipment | 23 | €4,370 | €9,047 | +€4,677 | +107% |
| Furniture and vehicles | 24 | - | €4,530 | +€4,530 | |
| Current assets | 29/58 | €191,101 | €179,317 | -€11,784 | -6.2% |
| Stocks and contracts in progress | 3 | €2,685 | €10,250 | +€7,566 | +282% |
| Stocks | 30/36 | €2,685 | €10,250 | +€7,566 | +282% |
| Amounts receivable within one year | 40/41 | €123,723 | €54,532 | -€69,191 | -55.9% |
| Trade receivables | 40 | €104,792 | €45,248 | -€59,545 | -56.8% |
| Other amounts receivable | 41 | €18,931 | €9,284 | -€9,647 | -51.0% |
| Cash at bank and in hand | 54/58 | €57,136 | €112,950 | +€55,814 | +97.7% |
| Deferred charges and accrued income | 490/1 | €7,557 | €1,584 | -€5,972 | -79.0% |
| Total equity and liabilities | 10/49 | €195,471 | €192,893 | -€2,578 | -1.3% |
| Equity | 10/15 | €39,506 | €61,009 | +€21,503 | +54.4% |
| Contributions | 10/11 | €2,520 | €2,520 | = | 0.0% |
| Reserves | 13 | - | €20,000 | +€20,000 | |
| Distributable reserves | 133 | - | €20,000 | +€20,000 | |
| Profit (loss) carried forward | 14 | €36,986 | €38,489 | +€1,503 | +4.1% |
| Amounts payable | 17/49 | €155,965 | €131,884 | -€24,081 | -15.4% |
| Amounts payable within one year | 42/48 | €155,965 | €129,884 | -€26,081 | -16.7% |
| Trade debts | 44 | €84,932 | €48,216 | -€36,716 | -43.2% |
| Suppliers | 440/4 | €84,932 | €48,216 | -€36,716 | -43.2% |
| Taxes, remuneration and social security | 45 | €69,755 | €78,428 | +€8,673 | +12.4% |
| Taxes | 450/3 | €6,166 | €13,404 | +€7,238 | +117% |
| Remuneration and social security | 454/9 | €63,589 | €65,024 | +€1,435 | +2.3% |
| Other amounts payable | 47/48 | €1,279 | €3,241 | +€1,962 | +153% |
| Accrued charges and deferred income | 492/3 | - | €2,000 | +€2,000 | |
| Remuneration, social security and pensions | 62 | €301,682 | €583,449 | +€281,767 | +93.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,263 | €2,115 | +€852 | +67.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €64,423 | - | -€64,423 | |
| Other operating charges | 640/8 | €2,506 | €12,112 | +€9,606 | +383% |
| Gross operating margin | 9900 | €384,580 | €631,517 | +€246,937 | +64.2% |
| Operating profit (loss) | 9901 | €14,706 | €33,841 | +€19,135 | +130% |
| Financial charges | 65/66B | €392 | €2,135 | +€1,743 | +445% |
| Recurring financial charges | 65 | €392 | €2,135 | +€1,743 | +445% |
| Profit (loss) for the period before taxes | 9903 | €14,315 | €31,707 | +€17,392 | +121% |
| Income taxes | 67/77 | €5,068 | €10,204 | +€5,136 | +101% |
| Profit (loss) for the period | 9904 | €9,247 | €21,503 | +€12,256 | +133% |
| Profit (loss) for the period to be appropriated | 9905 | €9,247 | €21,503 | +€12,256 | +133% |
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 22 October 2026 via checked.be.