GLOBAL M: 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 M
Largest movements
- Receivables within one year -€10,397
down €10,397 (-89.3%), from €11,646 to €1,249
- Cash -€1,133
down €1,133 (-99.6%), from €1,138 to €5
mainly Net result for the year (-€25,474) and Tax, wage and social debts (-€2,844)
- Tangible fixed assets -€647
down €647 (-32.0%), from €2,021 to €1,375
- Profit (loss) carried forward -€25,474
down €25,474 (-114%), from -€22,349 to -€47,823
- Other debts +€9,332
up €9,332 (+38.5%), from €24,227 to €33,559
- Trade debts +€5,596
up €5,596 (+1,918%), from €292 to €5,888
- Tax, wage and social debts -€2,844
down €2,844 (-37.2%), from €7,636 to €4,792
- Short-term financial debts +€1,281
new in 2023: €1,281
- Purchases and services -€66,916
no longer reported in 2023 (was €66,916)
- Turnover -€58,278
no longer reported in 2023 (was €58,278)
- Gross operating margin -€14,163
down €14,163 (-164%), from -€8,639 to -€22,801
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 | €14,805 | €2,697 | -€12,108 | -81.8% |
| Fixed assets | 21/28 | €2,021 | €1,375 | -€647 | -32.0% |
| Tangible fixed assets | 22/27 | €2,021 | €1,375 | -€647 | -32.0% |
| Furniture and vehicles | 24 | €2,021 | €1,375 | -€647 | -32.0% |
| Current assets | 29/58 | €12,784 | €1,322 | -€11,461 | -89.7% |
| Amounts receivable within one year | 40/41 | €11,646 | €1,249 | -€10,397 | -89.3% |
| Trade receivables | 40 | €11,646 | €1,249 | -€10,397 | -89.3% |
| Cash at bank and in hand | 54/58 | €1,138 | €5 | -€1,133 | -99.6% |
| Deferred charges and accrued income | 490/1 | - | €69 | +€69 | |
| Total equity and liabilities | 10/49 | €14,805 | €2,697 | -€12,108 | -81.8% |
| Equity | 10/15 | -€17,349 | -€42,823 | -€25,474 | -147% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,349 | -€47,823 | -€25,474 | -114% |
| Amounts payable | 17/49 | €32,154 | €45,520 | +€13,366 | +41.6% |
| Amounts payable within one year | 42/48 | €32,154 | €45,520 | +€13,366 | +41.6% |
| Financial debts | 43 | - | €1,281 | +€1,281 | |
| Credit institutions | 430/8 | - | €1,281 | +€1,281 | |
| Trade debts | 44 | €292 | €5,888 | +€5,596 | +1,918% |
| Suppliers | 440/4 | €292 | €5,888 | +€5,596 | +1,918% |
| Taxes, remuneration and social security | 45 | €7,636 | €4,792 | -€2,844 | -37.2% |
| Taxes | 450/3 | €7,636 | €4,792 | -€2,844 | -37.2% |
| Other amounts payable | 47/48 | €24,227 | €33,559 | +€9,332 | +38.5% |
| Turnover | 70 | €58,278 | - | -€58,278 | |
| Goods, raw materials, services and sundry goods | 60/61 | €66,916 | - | -€66,916 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €647 | €647 | = | 0.0% |
| Other operating charges | 640/8 | €754 | €1,325 | +€571 | +75.7% |
| Gross operating margin | 9900 | -€8,639 | -€22,801 | -€14,163 | -164% |
| Operating profit (loss) | 9901 | -€10,040 | -€24,773 | -€14,734 | -147% |
| Financial income | 75/76B | - | €20 | +€20 | |
| Recurring financial income | 75 | - | €20 | +€20 | |
| Financial charges | 65/66B | €743 | €721 | -€22 | -2.9% |
| Recurring financial charges | 65 | €743 | €721 | -€22 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | -€10,782 | -€25,474 | -€14,692 | -136% |
| Profit (loss) for the period | 9904 | -€10,782 | -€25,474 | -€14,692 | -136% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,782 | -€25,474 | -€14,692 | -136% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.