GLOBAL GROUP CONSTRUCT: 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 GROUP CONSTRUCT
Largest movements
- Receivables within one year -€83,481
down €83,481 (-75.9%), from €110,041 to €26,560
of which Trade receivables: -€100,074
- Cash +€29,795
up €29,795 (+629%), from €4,737 to €34,531
mainly Receivables within one year (+€83,481) and Trade debts (+€53,884)
- Tangible fixed assets -€4,753
down €4,753 (-40.4%), from €11,755 to €7,001
of which Plant, machinery and equipment: -€4,228
- Other debts -€65,639
no longer reported in 2023 (was €65,639)
- Profit (loss) carried forward -€63,290
down €63,290, from €28,523 to -€34,767
- Trade debts +€53,884
up €53,884 (+477%), from €11,300 to €65,184
- Tax, wage and social debts +€16,605
up €16,605 (+127%), from €13,074 to €29,679
- Gross operating margin +€12,159
up €12,159 (+27.6%), from €44,090 to €56,250
- Other operating charges +€3,552
up €3,552 (+139%), from €2,549 to €6,101
- Taxes +€1,409
up €1,409 (+20.6%), from €6,845 to €8,254
- Depreciation +€793
up €793 (+7.9%), from €9,974 to €10,766
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €126,895 | €68,456 | -€58,440 | -46.1% |
| Fixed assets | 21/28 | €12,118 | €7,364 | -€4,753 | -39.2% |
| Tangible fixed assets | 22/27 | €11,755 | €7,001 | -€4,753 | -40.4% |
| Plant, machinery and equipment | 23 | €6,638 | €2,410 | -€4,228 | -63.7% |
| Furniture and vehicles | 24 | €5,117 | €4,592 | -€525 | -10.3% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €114,778 | €61,091 | -€53,687 | -46.8% |
| Amounts receivable within one year | 40/41 | €110,041 | €26,560 | -€83,481 | -75.9% |
| Trade receivables | 40 | €103,949 | €3,875 | -€100,074 | -96.3% |
| Other amounts receivable | 41 | €6,092 | €22,685 | +€16,593 | +272% |
| Cash at bank and in hand | 54/58 | €4,737 | €34,531 | +€29,795 | +629% |
| Total equity and liabilities | 10/49 | €126,895 | €68,456 | -€58,440 | -46.1% |
| Equity | 10/15 | €36,883 | -€26,407 | -€63,290 | |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,523 | -€34,767 | -€63,290 | |
| Amounts payable | 17/49 | €90,012 | €94,862 | +€4,850 | +5.4% |
| Amounts payable within one year | 42/48 | €90,012 | €94,862 | +€4,850 | +5.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | €0 | = | 0.0% |
| Trade debts | 44 | €11,300 | €65,184 | +€53,884 | +477% |
| Suppliers | 440/4 | €11,300 | €65,184 | +€53,884 | +477% |
| Taxes, remuneration and social security | 45 | €13,074 | €29,679 | +€16,605 | +127% |
| Taxes | 450/3 | €13,074 | €29,679 | +€16,605 | +127% |
| Other amounts payable | 47/48 | €65,639 | - | -€65,639 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,974 | €10,766 | +€793 | +7.9% |
| Other operating charges | 640/8 | €2,549 | €6,101 | +€3,552 | +139% |
| Gross operating margin | 9900 | €44,090 | €56,250 | +€12,159 | +27.6% |
| Operating profit (loss) | 9901 | €31,568 | €39,383 | +€7,815 | +24.8% |
| Financial income | 75/76B | €22 | €0 | -€22 | -99.9% |
| Recurring financial income | 75 | €22 | €0 | -€22 | -99.9% |
| Financial charges | 65/66B | €269 | €301 | +€32 | +12.0% |
| Recurring financial charges | 65 | €269 | €301 | +€32 | +12.0% |
| Profit (loss) for the period before taxes | 9903 | €31,321 | €39,081 | +€7,760 | +24.8% |
| Income taxes | 67/77 | €6,845 | €8,254 | +€1,409 | +20.6% |
| Profit (loss) for the period | 9904 | €24,476 | €30,827 | +€6,351 | +26.0% |
| Profit (loss) for the period to be appropriated | 9905 | €24,476 | €30,827 | +€6,351 | +26.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2022 and 30 September 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.