Global Invest-e: 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 Invest-e
Largest movements
- Cash +€836,040
up €836,040 (+1,471%), from €56,831 to €892,871
mainly Stocks and contracts (+€645,702) and Net result for the year (+€338,766)
- Stocks and contracts -€645,702
down €645,702 (-70.3%), from €918,187 to €272,485
- Receivables within one year +€162,042
up €162,042 (+89.8%), from €180,466 to €342,508
of which Other amounts receivable: +€253,159
- Tangible fixed assets -€22,359
down €22,359 (-21.0%), from €106,359 to €84,000
of which Furniture and vehicles: -€21,339
- Other debts +€338,338
up €338,338 (+69.4%), from €487,746 to €826,084
- Tax, wage and social debts +€32,340
up €32,340 (+303%), from €10,662 to €43,002
of which Taxes: +€29,090
- Reserves -€22,878
down €22,878 (-3.2%), from €722,210 to €699,332
- Gross operating margin +€442,320
up €442,320 (+637%), from €69,434 to €511,754
- Taxes +€134,766
up €134,766 (+635%), from €21,237 to €156,003
- Financial income -€21,980
down €21,980 (-66.9%), from €32,872 to €10,892
of which Non-recurring financial income: -€12,300
- Financial charges -€17,516
down €17,516 (-90.6%), from €19,333 to €1,817
- Depreciation +€15,856
up €15,856 (+206%), from €7,706 to €23,562
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 | €1,302,044 | €1,628,957 | +€326,913 | +25.1% |
| Fixed assets | 21/28 | €106,384 | €84,025 | -€22,359 | -21.0% |
| Tangible fixed assets | 22/27 | €106,359 | €84,000 | -€22,359 | -21.0% |
| Land and buildings | 22 | €674 | €466 | -€208 | -30.8% |
| Plant, machinery and equipment | 23 | €2,294 | €1,481 | -€813 | -35.4% |
| Furniture and vehicles | 24 | €103,391 | €82,052 | -€21,339 | -20.6% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €1,195,660 | €1,544,932 | +€349,272 | +29.2% |
| Stocks and contracts in progress | 3 | €918,187 | €272,485 | -€645,702 | -70.3% |
| Stocks | 30/36 | €918,187 | €272,485 | -€645,702 | -70.3% |
| Amounts receivable within one year | 40/41 | €180,466 | €342,508 | +€162,042 | +89.8% |
| Trade receivables | 40 | €95,769 | €4,652 | -€91,117 | -95.1% |
| Other amounts receivable | 41 | €84,697 | €337,856 | +€253,159 | +299% |
| Cash at bank and in hand | 54/58 | €56,831 | €892,871 | +€836,040 | +1,471% |
| Deferred charges and accrued income | 490/1 | €40,176 | €37,068 | -€3,108 | -7.7% |
| Total equity and liabilities | 10/49 | €1,302,044 | €1,628,957 | +€326,913 | +25.1% |
| Equity | 10/15 | €740,810 | €717,932 | -€22,878 | -3.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €722,210 | €699,332 | -€22,878 | -3.2% |
| Distributable reserves | 133 | €722,210 | €699,332 | -€22,878 | -3.2% |
| Amounts payable | 17/49 | €561,234 | €911,025 | +€349,791 | +62.3% |
| Amounts payable after more than one year | 17 | €40,032 | €26,756 | -€13,276 | -33.2% |
| Financial debts | 170/4 | €40,032 | €26,756 | -€13,276 | -33.2% |
| Amounts payable within one year | 42/48 | €521,202 | €883,401 | +€362,199 | +69.5% |
| Current portion of amounts payable after more than one year | 42 | €12,829 | €13,276 | +€447 | +3.5% |
| Trade debts | 44 | €9,965 | €1,038 | -€8,927 | -89.6% |
| Suppliers | 440/4 | €9,965 | €1,038 | -€8,927 | -89.6% |
| Taxes, remuneration and social security | 45 | €10,662 | €43,002 | +€32,340 | +303% |
| Taxes | 450/3 | €7,412 | €36,502 | +€29,090 | +392% |
| Remuneration and social security | 454/9 | €3,250 | €6,500 | +€3,250 | +100% |
| Other amounts payable | 47/48 | €487,746 | €826,084 | +€338,338 | +69.4% |
| Accrued charges and deferred income | 492/3 | - | €867 | +€867 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,706 | €23,562 | +€15,856 | +206% |
| Other operating charges | 640/8 | €2,214 | €2,499 | +€285 | +12.9% |
| Gross operating margin | 9900 | €69,434 | €511,754 | +€442,320 | +637% |
| Operating profit (loss) | 9901 | €59,514 | €485,693 | +€426,179 | +716% |
| Financial income | 75/76B | €32,872 | €10,892 | -€21,980 | -66.9% |
| Recurring financial income | 75 | €20,572 | €10,892 | -€9,680 | -47.1% |
| Non-recurring financial income | 76B | €12,300 | - | -€12,300 | |
| Financial charges | 65/66B | €19,333 | €1,817 | -€17,516 | -90.6% |
| Recurring financial charges | 65 | €19,333 | €1,817 | -€17,516 | -90.6% |
| Profit (loss) for the period before taxes | 9903 | €73,053 | €494,769 | +€421,716 | +577% |
| Income taxes | 67/77 | €21,237 | €156,003 | +€134,766 | +635% |
| Profit (loss) for the period | 9904 | €51,816 | €338,766 | +€286,950 | +554% |
| Profit (loss) for the period to be appropriated | 9905 | €51,816 | €338,766 | +€286,950 | +554% |
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 23 October 2026 via checked.be.