Global Management Information Services: 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 Management Information Services
Largest movements
- Receivables within one year +€177,923
up €177,923 (+27.0%), from €659,417 to €837,340
of which Trade receivables: +€117,187
- Deferred charges and accrued income -€39,943
down €39,943 (-82.7%), from €48,279 to €8,335
- Cash +€13,222
up €13,222 (+1,086%), from €1,217 to €14,439
mainly Net result for the year (+€169,179) and Deferred charges and accrued income (+€39,943)
- Reserves +€169,178
up €169,178 (+29.1%), from €581,730 to €750,908
of which Distributable reserves: +€169,178
- Debts after one year -€15,723
no longer reported in 2025 (was €15,723)
- Tax, wage and social debts -€14,747
down €14,747 (-25.6%), from €57,581 to €42,834
of which Remuneration and social security: -€13,467
- Trade debts +€14,312
up €14,312 (+31.3%), from €45,776 to €60,088
- Gross operating margin +€198,430
up €198,430 (+162%), from €122,258 to €320,689
- Taxes +€61,112
up €61,112 (+413%), from €14,801 to €75,912
- Staff costs -€3,253
down €3,253 (-3.3%), from €97,169 to €93,916
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 | €732,959 | €877,105 | +€144,146 | +19.7% |
| Fixed assets | 21/28 | €24,046 | €16,991 | -€7,055 | -29.3% |
| Tangible fixed assets | 22/27 | €23,931 | €16,876 | -€7,055 | -29.5% |
| Furniture and vehicles | 24 | €783 | €370 | -€413 | -52.7% |
| Other tangible fixed assets | 26 | €23,149 | €16,506 | -€6,642 | -28.7% |
| Financial fixed assets | 28 | €115 | €115 | = | 0.0% |
| Current assets | 29/58 | €708,913 | €860,114 | +€151,201 | +21.3% |
| Amounts receivable within one year | 40/41 | €659,417 | €837,340 | +€177,923 | +27.0% |
| Trade receivables | 40 | €57,619 | €174,807 | +€117,187 | +203% |
| Other amounts receivable | 41 | €601,797 | €662,533 | +€60,736 | +10.1% |
| Cash at bank and in hand | 54/58 | €1,217 | €14,439 | +€13,222 | +1,086% |
| Deferred charges and accrued income | 490/1 | €48,279 | €8,335 | -€39,943 | -82.7% |
| Total equity and liabilities | 10/49 | €732,959 | €877,105 | +€144,146 | +19.7% |
| Equity | 10/15 | €600,346 | €769,525 | +€169,179 | +28.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €581,730 | €750,908 | +€169,178 | +29.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €579,870 | €749,048 | +€169,178 | +29.2% |
| Profit (loss) carried forward | 14 | €16 | €17 | +€1 | +4.9% |
| Amounts payable | 17/49 | €132,613 | €107,581 | -€25,033 | -18.9% |
| Amounts payable after more than one year | 17 | €15,723 | - | -€15,723 | |
| Financial debts | 170/4 | €15,723 | - | -€15,723 | |
| Amounts payable within one year | 42/48 | €116,508 | €106,525 | -€9,984 | -8.6% |
| Current portion of amounts payable after more than one year | 42 | €6,267 | - | -€6,267 | |
| Financial debts | 43 | €6,884 | €2,915 | -€3,969 | -57.7% |
| Credit institutions | 430/8 | €6,884 | €2,915 | -€3,969 | -57.7% |
| Trade debts | 44 | €45,776 | €60,088 | +€14,312 | +31.3% |
| Suppliers | 440/4 | €45,776 | €60,088 | +€14,312 | +31.3% |
| Taxes, remuneration and social security | 45 | €57,581 | €42,834 | -€14,747 | -25.6% |
| Taxes | 450/3 | €43,383 | €42,104 | -€1,280 | -2.9% |
| Remuneration and social security | 454/9 | €14,198 | €730 | -€13,467 | -94.9% |
| Other amounts payable | 47/48 | - | €687 | +€687 | |
| Accrued charges and deferred income | 492/3 | €382 | €1,056 | +€674 | +176% |
| Remuneration, social security and pensions | 62 | €97,169 | €93,916 | -€3,253 | -3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,599 | €7,055 | -€1,544 | -18.0% |
| Other operating charges | 640/8 | €660 | €774 | +€115 | +17.4% |
| Gross operating margin | 9900 | €122,258 | €320,689 | +€198,430 | +162% |
| Operating profit (loss) | 9901 | €15,831 | €218,943 | +€203,112 | +1,283% |
| Financial income | 75/76B | €29,158 | €29,315 | +€158 | +0.5% |
| Recurring financial income | 75 | €29,158 | €29,315 | +€158 | +0.5% |
| Financial charges | 65/66B | €3,808 | €3,168 | -€640 | -16.8% |
| Recurring financial charges | 65 | €3,808 | €3,168 | -€640 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | €41,181 | €245,091 | +€203,910 | +495% |
| Income taxes | 67/77 | €14,801 | €75,912 | +€61,112 | +413% |
| Profit (loss) for the period | 9904 | €26,380 | €169,179 | +€142,799 | +541% |
| Profit (loss) for the period to be appropriated | 9905 | €26,380 | €169,179 | +€142,799 | +541% |
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 31 October 2026 via checked.be.