GLOBAL MEUBLES: what changed
GLOBAL MEUBLES
Largest movements
- Stocks and contracts +€52,150
up €52,150 (+68.9%), from €75,650 to €127,800
- Cash -€18,929
down €18,929 (-15.9%), from €118,903 to €99,974
mainly Stocks and contracts (-€52,150) and Tax, wage and social debts (-€22,771)
- Tangible fixed assets -€6,100
down €6,100 (-25.0%), from €24,400 to €18,300
- Receivables within one year +€5,882
up €5,882 (+25.1%), from €23,456 to €29,337
of which Trade receivables: +€5,882
- Trade debts +€45,520
up €45,520 (+541%), from €8,412 to €53,932
- Tax, wage and social debts -€22,771
down €22,771 (-66.4%), from €34,280 to €11,509
of which Taxes: -€21,209
- Profit (loss) carried forward +€10,255
up €10,255 (+5.7%), from €181,116 to €191,370
- Taxes +€14,078
up €14,078 (+711%), from €1,980 to €16,058
- Gross operating margin -€12,657
down €12,657 (-17.3%), from €73,085 to €60,428
- Staff costs +€8,444
new in 2025: €8,444
- Financial charges +€4,055
up €4,055 (+40.5%), from €10,011 to €14,065
- Other operating charges -€1,431
down €1,431 (-18.9%), from €7,564 to €6,133
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €242,409 | €275,412 | +€33,003 | +13.6% |
| Fixed assets | 21/28 | €24,400 | €18,300 | -€6,100 | -25.0% |
| Tangible fixed assets | 22/27 | €24,400 | €18,300 | -€6,100 | -25.0% |
| Furniture and vehicles | 24 | €24,400 | €18,300 | -€6,100 | -25.0% |
| Current assets | 29/58 | €218,009 | €257,112 | +€39,103 | +17.9% |
| Stocks and contracts in progress | 3 | €75,650 | €127,800 | +€52,150 | +68.9% |
| Stocks | 30/36 | €75,650 | €127,800 | +€52,150 | +68.9% |
| Amounts receivable within one year | 40/41 | €23,456 | €29,337 | +€5,882 | +25.1% |
| Trade receivables | 40 | €23,325 | €29,207 | +€5,882 | +25.2% |
| Other amounts receivable | 41 | €130 | €130 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €118,903 | €99,974 | -€18,929 | -15.9% |
| Total equity and liabilities | 10/49 | €242,409 | €275,412 | +€33,003 | +13.6% |
| Equity | 10/15 | €199,716 | €209,970 | +€10,255 | +5.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €181,116 | €191,370 | +€10,255 | +5.7% |
| Amounts payable | 17/49 | €42,693 | €65,441 | +€22,749 | +53.3% |
| Amounts payable within one year | 42/48 | €42,693 | €65,441 | +€22,749 | +53.3% |
| Trade debts | 44 | €8,412 | €53,932 | +€45,520 | +541% |
| Suppliers | 440/4 | €8,412 | €53,932 | +€45,520 | +541% |
| Taxes, remuneration and social security | 45 | €34,280 | €11,509 | -€22,771 | -66.4% |
| Taxes | 450/3 | €32,719 | €11,509 | -€21,209 | -64.8% |
| Remuneration and social security | 454/9 | €1,562 | - | -€1,562 | |
| Remuneration, social security and pensions | 62 | - | €8,444 | +€8,444 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,100 | €6,100 | = | 0.0% |
| Other operating charges | 640/8 | €7,564 | €6,133 | -€1,431 | -18.9% |
| Gross operating margin | 9900 | €73,085 | €60,428 | -€12,657 | -17.3% |
| Operating profit (loss) | 9901 | €59,421 | €39,751 | -€19,670 | -33.1% |
| Financial income | 75/76B | €254 | €627 | +€372 | +146% |
| Recurring financial income | 75 | €254 | €627 | +€372 | +146% |
| Financial charges | 65/66B | €10,011 | €14,065 | +€4,055 | +40.5% |
| Recurring financial charges | 65 | €10,011 | €14,065 | +€4,055 | +40.5% |
| Profit (loss) for the period before taxes | 9903 | €49,665 | €26,313 | -€23,352 | -47.0% |
| Income taxes | 67/77 | €1,980 | €16,058 | +€14,078 | +711% |
| Profit (loss) for the period | 9904 | €47,685 | €10,255 | -€37,431 | -78.5% |
| Profit (loss) for the period to be appropriated | 9905 | €47,685 | €10,255 | -€37,431 | -78.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.