GLOBAL NETWORK COMPANY: 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 NETWORK COMPANY
Largest movements
- Cash -€3,337
down €3,337 (-27.3%), from €12,217 to €8,880
mainly Other debts (-€3,100) and Receivables within one year (-€1,586)
- Receivables within one year +€1,586
up €1,586 (+584%), from €272 to €1,858
- Deferred charges and accrued income -€360
down €360 (-32.4%), from €1,113 to €753
- Other debts -€3,100
down €3,100 (-33.3%), from €9,299 to €6,199
- Tax, wage and social debts +€748
up €748 (+141%), from €532 to €1,280
- Profit (loss) carried forward -€678
down €678 (-35.3%), from -€1,923 to -€2,601
- Trade debts +€469
up €469 (+93.7%), from €500 to €969
- Advances received +€450
new in 2025: €450
- Gross operating margin -€8,258
down €8,258, from €8,131 to -€127
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 | €15,601 | €13,490 | -€2,111 | -13.5% |
| Fixed assets | 21/28 | €2,000 | €2,000 | = | 0.0% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €13,601 | €11,490 | -€2,111 | -15.5% |
| Amounts receivable within one year | 40/41 | €272 | €1,858 | +€1,586 | +584% |
| Trade receivables | 40 | €272 | €1,858 | +€1,586 | +584% |
| Cash at bank and in hand | 54/58 | €12,217 | €8,880 | -€3,337 | -27.3% |
| Deferred charges and accrued income | 490/1 | €1,113 | €753 | -€360 | -32.4% |
| Total equity and liabilities | 10/49 | €15,601 | €13,490 | -€2,111 | -13.5% |
| Equity | 10/15 | €5,271 | €4,593 | -€678 | -12.9% |
| Contributions | 10/11 | €6,700 | €6,700 | = | 0.0% |
| Capital | 10 | €6,700 | €6,700 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €11,900 | €11,900 | = | 0.0% |
| Reserves | 13 | €494 | €494 | = | 0.0% |
| Non-distributable reserves | 130/1 | €494 | €494 | = | 0.0% |
| Legal reserve | 130 | €494 | €494 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,923 | -€2,601 | -€678 | -35.3% |
| Amounts payable | 17/49 | €10,330 | €8,897 | -€1,433 | -13.9% |
| Amounts payable within one year | 42/48 | €10,330 | €8,897 | -€1,433 | -13.9% |
| Trade debts | 44 | €500 | €969 | +€469 | +93.7% |
| Suppliers | 440/4 | €500 | €969 | +€469 | +93.7% |
| Advances received on contracts in progress | 46 | - | €450 | +€450 | |
| Taxes, remuneration and social security | 45 | €532 | €1,280 | +€748 | +141% |
| Taxes | 450/3 | €532 | €1,280 | +€748 | +141% |
| Other amounts payable | 47/48 | €9,299 | €6,199 | -€3,100 | -33.3% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €8,131 | -€127 | -€8,258 | |
| Operating profit (loss) | 9901 | €7,744 | -€527 | -€8,270 | |
| Financial charges | 65/66B | €141 | €152 | +€11 | +7.7% |
| Recurring financial charges | 65 | €141 | €152 | +€11 | +7.7% |
| Profit (loss) for the period before taxes | 9903 | €7,603 | -€678 | -€8,281 | |
| Profit (loss) for the period | 9904 | €7,603 | -€678 | -€8,281 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,603 | -€678 | -€8,281 |
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 24 October 2026 via checked.be.