GLOBAL MANAGEMENT SOLUTIONS: 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 SOLUTIONS
Largest movements
- Cash -€7,342
down €7,342 (-93.7%), from €7,836 to €494
mainly Net result for the year (-€15,609) and Tax, wage and social debts (-€183)
- Receivables within one year -€2,373
down €2,373 (-71.0%), from €3,341 to €969
- Stocks and contracts -€2,133
down €2,133 (-49.9%), from €4,277 to €2,145
- Tangible fixed assets -€817
down €817 (-25.3%), from €3,231 to €2,414
of which Plant, machinery and equipment: -€817
- Profit (loss) carried forward -€15,609
down €15,609 (-263%), from -€5,943 to -€21,552
- Other debts +€2,459
up €2,459 (+18.8%), from €13,047 to €15,506
- Trade debts +€669
up €669 (+19.0%), from €3,519 to €4,188
- Gross operating margin -€21,435
down €21,435 (-60.5%), from €35,441 to €14,006
- Other operating charges +€7,267
up €7,267 (+270%), from €2,689 to €9,957
- Staff costs +€5,383
up €5,383 (+43.7%), from €12,305 to €17,688
- Financial charges +€901
up €901 (+357%), from €252 to €1,153
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 | €23,635 | €10,971 | -€12,664 | -53.6% |
| Fixed assets | 21/28 | €8,181 | €7,364 | -€817 | -10.0% |
| Tangible fixed assets | 22/27 | €3,231 | €2,414 | -€817 | -25.3% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €3,231 | €2,414 | -€817 | -25.3% |
| Financial fixed assets | 28 | €4,950 | €4,950 | = | 0.0% |
| Current assets | 29/58 | €15,455 | €3,607 | -€11,847 | -76.7% |
| Stocks and contracts in progress | 3 | €4,277 | €2,145 | -€2,133 | -49.9% |
| Stocks | 30/36 | €4,277 | €2,145 | -€2,133 | -49.9% |
| Amounts receivable within one year | 40/41 | €3,341 | €969 | -€2,373 | -71.0% |
| Other amounts receivable | 41 | €3,341 | €969 | -€2,373 | -71.0% |
| Cash at bank and in hand | 54/58 | €7,836 | €494 | -€7,342 | -93.7% |
| Total equity and liabilities | 10/49 | €23,635 | €10,971 | -€12,664 | -53.6% |
| Equity | 10/15 | €2,397 | -€13,212 | -€15,609 | |
| Contributions | 10/11 | €8,340 | €8,340 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,943 | -€21,552 | -€15,609 | -263% |
| Amounts payable | 17/49 | €21,238 | €24,183 | +€2,945 | +13.9% |
| Amounts payable within one year | 42/48 | €21,238 | €24,183 | +€2,945 | +13.9% |
| Trade debts | 44 | €3,519 | €4,188 | +€669 | +19.0% |
| Suppliers | 440/4 | €3,519 | €4,188 | +€669 | +19.0% |
| Taxes, remuneration and social security | 45 | €4,673 | €4,490 | -€183 | -3.9% |
| Taxes | 450/3 | €3,591 | €2,468 | -€1,124 | -31.3% |
| Remuneration and social security | 454/9 | €1,082 | €2,023 | +€941 | +87.0% |
| Other amounts payable | 47/48 | €13,047 | €15,506 | +€2,459 | +18.8% |
| Remuneration, social security and pensions | 62 | €12,305 | €17,688 | +€5,383 | +43.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,047 | €817 | -€230 | -22.0% |
| Other operating charges | 640/8 | €2,689 | €9,957 | +€7,267 | +270% |
| Gross operating margin | 9900 | €35,441 | €14,006 | -€21,435 | -60.5% |
| Operating profit (loss) | 9901 | €19,399 | -€14,456 | -€33,855 | |
| Financial charges | 65/66B | €252 | €1,153 | +€901 | +357% |
| Recurring financial charges | 65 | €252 | €1,153 | +€901 | +357% |
| Profit (loss) for the period before taxes | 9903 | €19,147 | -€15,609 | -€34,756 | |
| Income taxes | 67/77 | - | €0 | = | |
| Profit (loss) for the period | 9904 | €19,147 | -€15,609 | -€34,756 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,147 | -€15,609 | -€34,756 |
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.