global one: 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 one
Largest movements
- Receivables within one year +€72,000
new in 2025: €72,000
- Tangible fixed assets -€16,453
down €16,453 (-6.2%), from €265,886 to €249,434
- Debts after one year +€44,341
up €44,341 (+37.5%), from €118,365 to €162,706
- Current portion of long-term debt +€14,617
up €14,617 (+116.1%), from €12,592 to €27,209
- Gross operating margin +€6,982
up €6,982 (+35.6%), from €19,626 to €26,608
- Financial charges +€593
up €593 (+9.5%), from €6,247 to €6,840
- Other operating charges +€454
up €454 (+17.7%), from €2,568 to €3,022
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 | €268,100 | €323,851 | +€55,751 | +20.8% |
| Fixed assets | 21/28 | €265,886 | €249,434 | -€16,453 | -6.2% |
| Tangible fixed assets | 22/27 | €265,886 | €249,434 | -€16,453 | -6.2% |
| Land and buildings | 22 | €265,886 | €249,434 | -€16,453 | -6.2% |
| Current assets | 29/58 | €2,213 | €74,417 | +€72,204 | +3262.5% |
| Amounts receivable within one year | 40/41 | - | €72,000 | +€72,000 | |
| Other amounts receivable | 41 | - | €72,000 | +€72,000 | |
| Cash at bank and in hand | 54/58 | €2,213 | €2,417 | +€204 | +9.2% |
| Total equity and liabilities | 10/49 | €268,100 | €323,851 | +€55,751 | +20.8% |
| Equity | 10/15 | €133,086 | €133,380 | +€294 | +0.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,886 | €65,180 | +€294 | +0.5% |
| Amounts payable | 17/49 | €135,014 | €190,471 | +€55,457 | +41.1% |
| Amounts payable after more than one year | 17 | €118,365 | €162,706 | +€44,341 | +37.5% |
| Financial debts | 170/4 | €118,365 | €162,706 | +€44,341 | +37.5% |
| Amounts payable within one year | 42/48 | €16,649 | €27,765 | +€11,116 | +66.8% |
| Current portion of amounts payable after more than one year | 42 | €12,592 | €27,209 | +€14,617 | +116.1% |
| Financial debts | 43 | €3,102 | - | -€3,102 | |
| Credit institutions | 430/8 | €3,102 | - | -€3,102 | |
| Trade debts | 44 | €919 | €20 | -€899 | -97.9% |
| Suppliers | 440/4 | €919 | €20 | -€899 | -97.9% |
| Taxes, remuneration and social security | 45 | €37 | €537 | +€500 | +1353.5% |
| Remuneration and social security | 454/9 | €37 | €537 | +€500 | +1353.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,453 | €16,453 | = | 0.0% |
| Other operating charges | 640/8 | €2,568 | €3,022 | +€454 | +17.7% |
| Gross operating margin | 9900 | €19,626 | €26,608 | +€6,982 | +35.6% |
| Operating profit (loss) | 9901 | €605 | €7,134 | +€6,528 | +1078.4% |
| Financial charges | 65/66B | €6,247 | €6,840 | +€593 | +9.5% |
| Recurring financial charges | 65 | €6,247 | €6,840 | +€593 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,642 | €294 | +€5,936 | |
| Profit (loss) for the period | 9904 | -€5,642 | €294 | +€5,936 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,642 | €294 | +€5,936 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.