GLOBAL NETWORK: what changed
Two fiscal 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 NETWORK
Largest movements
- Cash -€20,757
down €20,757 (-31.5%), from €65,805 to €45,048
mainly Net result for the year (-€25,579) and Receivables within one year (-€11,561)
- Receivables within one year +€11,561
up €11,561 (+69.5%), from €16,625 to €28,185
of which Trade receivables: +€7,728
- Receivables after one year -€5,172
down €5,172 (-49.1%), from €10,527 to €5,355
- Deferred charges and accrued income -€1,244
down €1,244 (-36.8%), from €3,380 to €2,136
- Profit (loss) carried forward -€25,579
down €25,579 (-49.4%), from €51,791 to €26,212
- Trade debts +€10,540
up €10,540 (+293.0%), from €3,598 to €14,138
- Gross operating margin -€25,911
down €25,911, from €10,368 to -€15,543
- Depreciation +€4,718
up €4,718 (+144.8%), from €3,258 to €7,976
- Other operating charges -€4,670
down €4,670 (-70.1%), from €6,659 to €1,989
- Taxes -€334
down €334 (-65.7%), from €508 to €174
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.
Cash bridge derived
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 | €111,086 | €95,852 | -€15,234 | -13.7% |
| Fixed assets | 21/28 | €14,750 | €15,127 | +€378 | +2.6% |
| Tangible fixed assets | 22/27 | €14,414 | €14,791 | +€378 | +2.6% |
| Plant, machinery and equipment | 23 | €792 | €1,774 | +€982 | +124.0% |
| Furniture and vehicles | 24 | €11,941 | €11,424 | -€517 | -4.3% |
| Other tangible fixed assets | 26 | €1,680 | €1,593 | -€87 | -5.2% |
| Financial fixed assets | 28 | €336 | €336 | = | 0.0% |
| Current assets | 29/58 | €96,337 | €80,725 | -€15,612 | -16.2% |
| Amounts receivable after more than one year | 29 | €10,527 | €5,355 | -€5,172 | -49.1% |
| Other amounts receivable | 291 | €10,527 | €5,355 | -€5,172 | -49.1% |
| Amounts receivable within one year | 40/41 | €16,625 | €28,185 | +€11,561 | +69.5% |
| Trade receivables | 40 | €12,239 | €19,967 | +€7,728 | +63.1% |
| Other amounts receivable | 41 | €4,386 | €8,218 | +€3,832 | +87.4% |
| Cash at bank and in hand | 54/58 | €65,805 | €45,048 | -€20,757 | -31.5% |
| Deferred charges and accrued income | 490/1 | €3,380 | €2,136 | -€1,244 | -36.8% |
| Total equity and liabilities | 10/49 | €111,086 | €95,852 | -€15,234 | -13.7% |
| Equity | 10/15 | €101,791 | €76,212 | -€25,579 | -25.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €45,000 | €45,000 | = | 0.0% |
| Distributable reserves | 133 | €45,000 | €45,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,791 | €26,212 | -€25,579 | -49.4% |
| Amounts payable | 17/49 | €9,295 | €19,640 | +€10,345 | +111.3% |
| Amounts payable within one year | 42/48 | €9,295 | €19,640 | +€10,345 | +111.3% |
| Trade debts | 44 | €3,598 | €14,138 | +€10,540 | +293.0% |
| Suppliers | 440/4 | €3,598 | €14,138 | +€10,540 | +293.0% |
| Taxes, remuneration and social security | 45 | €4,989 | €5,502 | +€514 | +10.3% |
| Taxes | 450/3 | €3,890 | €5,502 | +€1,613 | +41.5% |
| Remuneration and social security | 454/9 | €1,099 | - | -€1,099 | |
| Other amounts payable | 47/48 | €709 | - | -€709 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,258 | €7,976 | +€4,718 | +144.8% |
| Other operating charges | 640/8 | €6,659 | €1,989 | -€4,670 | -70.1% |
| Gross operating margin | 9900 | €10,368 | -€15,543 | -€25,911 | |
| Operating profit (loss) | 9901 | €452 | -€25,507 | -€25,959 | |
| Financial income | 75/76B | €466 | €352 | -€114 | -24.5% |
| Recurring financial income | 75 | €466 | €352 | -€114 | -24.5% |
| Financial charges | 65/66B | €254 | €249 | -€5 | -1.9% |
| Recurring financial charges | 65 | €254 | €249 | -€5 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | €663 | -€25,405 | -€26,068 | |
| Income taxes | 67/77 | €508 | €174 | -€334 | -65.7% |
| Profit (loss) for the period | 9904 | €155 | -€25,579 | -€25,734 | |
| Profit (loss) for the period to be appropriated | 9905 | €155 | -€25,579 | -€25,734 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.