GLOBAL INK: 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 INK
Largest movements
- Receivables within one year +€11,606
up €11,606 (+21.2%), from €54,732 to €66,338
of which Other amounts receivable: +€6,626
- Cash +€7,410
up €7,410 (+336%), from €2,203 to €9,613
mainly Net result for the year (+€19,869) and Stocks and contracts (+€6,859)
- Stocks and contracts -€6,859
no longer reported in 2025 (was €6,859)
- Profit (loss) carried forward +€19,869
up €19,869 (+26.4%), from -€75,361 to -€55,491
- Debts after one year -€14,600
no longer reported in 2025 (was €14,600)
- Tax, wage and social debts +€4,691
up €4,691 (+517%), from €907 to €5,598
- Trade debts +€2,672
up €2,672 (+6.7%), from €39,929 to €42,601
- Gross operating margin +€16,114
up €16,114 (+49.8%), from €32,325 to €48,439
- Staff costs +€13,282
new in 2025: €13,282
- Financial charges +€2,725
up €2,725 (+48.5%), from €5,616 to €8,341
- Depreciation -€1,405
down €1,405 (-20.1%), from €6,992 to €5,587
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 | €71,198 | €83,806 | +€12,608 | +17.7% |
| Fixed assets | 21/28 | €6,727 | €6,856 | +€129 | +1.9% |
| Tangible fixed assets | 22/27 | €6,727 | €6,856 | +€129 | +1.9% |
| Plant, machinery and equipment | 23 | - | €5,305 | +€5,305 | |
| Furniture and vehicles | 24 | €6,727 | €1,550 | -€5,176 | -77.0% |
| Current assets | 29/58 | €64,471 | €76,951 | +€12,480 | +19.4% |
| Stocks and contracts in progress | 3 | €6,859 | - | -€6,859 | |
| Stocks | 30/36 | €6,859 | - | -€6,859 | |
| Amounts receivable within one year | 40/41 | €54,732 | €66,338 | +€11,606 | +21.2% |
| Trade receivables | 40 | €31,895 | €36,875 | +€4,980 | +15.6% |
| Other amounts receivable | 41 | €22,838 | €29,463 | +€6,626 | +29.0% |
| Cash at bank and in hand | 54/58 | €2,203 | €9,613 | +€7,410 | +336% |
| Deferred charges and accrued income | 490/1 | €677 | €1,000 | +€323 | +47.7% |
| Total equity and liabilities | 10/49 | €71,198 | €83,806 | +€12,608 | +17.7% |
| Equity | 10/15 | -€12,851 | €7,018 | +€19,869 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €56,309 | €56,309 | = | 0.0% |
| Distributable reserves | 133 | €56,309 | €56,309 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€75,361 | -€55,491 | +€19,869 | +26.4% |
| Amounts payable | 17/49 | €84,049 | €76,788 | -€7,261 | -8.6% |
| Amounts payable after more than one year | 17 | €14,600 | - | -€14,600 | |
| Financial debts | 170/4 | €14,600 | - | -€14,600 | |
| Amounts payable within one year | 42/48 | €68,836 | €76,199 | +€7,363 | +10.7% |
| Financial debts | 43 | €28,000 | €28,000 | = | 0.0% |
| Credit institutions | 430/8 | €28,000 | €28,000 | = | 0.0% |
| Trade debts | 44 | €39,929 | €42,601 | +€2,672 | +6.7% |
| Suppliers | 440/4 | €39,929 | €42,601 | +€2,672 | +6.7% |
| Taxes, remuneration and social security | 45 | €907 | €5,598 | +€4,691 | +517% |
| Taxes | 450/3 | €907 | €5,598 | +€4,691 | +517% |
| Accrued charges and deferred income | 492/3 | €614 | €589 | -€24 | -4.0% |
| Remuneration, social security and pensions | 62 | - | €13,282 | +€13,282 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,992 | €5,587 | -€1,405 | -20.1% |
| Other operating charges | 640/8 | €1,338 | €1,417 | +€79 | +5.9% |
| Gross operating margin | 9900 | €32,325 | €48,439 | +€16,114 | +49.8% |
| Operating profit (loss) | 9901 | €23,995 | €28,154 | +€4,158 | +17.3% |
| Financial income | 75/76B | €153 | €194 | +€41 | +26.7% |
| Recurring financial income | 75 | €153 | €194 | +€41 | +26.7% |
| Financial charges | 65/66B | €5,616 | €8,341 | +€2,725 | +48.5% |
| Recurring financial charges | 65 | €5,616 | €8,341 | +€2,725 | +48.5% |
| Profit (loss) for the period before taxes | 9903 | €18,532 | €20,006 | +€1,474 | +8.0% |
| Income taxes | 67/77 | €312 | €137 | -€175 | -56.1% |
| Profit (loss) for the period | 9904 | €18,220 | €19,869 | +€1,649 | +9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €18,220 | €19,869 | +€1,649 | +9.1% |
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 19 October 2026 via checked.be.