GLOBAL PARTNERSHIP: 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 PARTNERSHIP
Largest movements
- Cash -€9,813
down €9,813 (-34.1%), from €28,818 to €19,005
mainly Net result for the year (-€9,362) and Other debts (-€1,175)
- Tangible fixed assets -€1,042
down €1,042 (-59.4%), from €1,754 to €712
- Profit (loss) carried forward -€9,362
down €9,362 (-29.6%), from -€31,633 to -€40,995
- Other debts -€1,175
down €1,175 (-6.3%), from €18,735 to €17,560
- Gross operating margin -€2,131
down €2,131 (-39.6%), from -€5,385 to -€7,516
- Financial charges +€226
up €226 (+390%), from €58 to €284
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 | €32,290 | €21,753 | -€10,537 | -32.6% |
| Fixed assets | 21/28 | €1,754 | €712 | -€1,042 | -59.4% |
| Tangible fixed assets | 22/27 | €1,754 | €712 | -€1,042 | -59.4% |
| Plant, machinery and equipment | 23 | €1,754 | €712 | -€1,042 | -59.4% |
| Current assets | 29/58 | €30,536 | €21,041 | -€9,495 | -31.1% |
| Amounts receivable within one year | 40/41 | €1,718 | €2,036 | +€318 | +18.5% |
| Trade receivables | 40 | €1,210 | €1,210 | = | 0.0% |
| Other amounts receivable | 41 | €508 | €826 | +€318 | +62.6% |
| Cash at bank and in hand | 54/58 | €28,818 | €19,005 | -€9,813 | -34.1% |
| Total equity and liabilities | 10/49 | €32,290 | €21,753 | -€10,537 | -32.6% |
| Equity | 10/15 | €13,555 | €4,193 | -€9,362 | -69.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €26,588 | €26,588 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,969 | €4,969 | = | 0.0% |
| Legal reserve | 130 | €4,969 | €4,969 | = | 0.0% |
| Distributable reserves | 133 | €21,619 | €21,619 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,633 | -€40,995 | -€9,362 | -29.6% |
| Amounts payable | 17/49 | €18,735 | €17,560 | -€1,175 | -6.3% |
| Amounts payable within one year | 42/48 | €18,735 | €17,560 | -€1,175 | -6.3% |
| Other amounts payable | 47/48 | €18,735 | €17,560 | -€1,175 | -6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,042 | €1,042 | = | 0.0% |
| Other operating charges | 640/8 | €505 | €520 | +€15 | +3.0% |
| Gross operating margin | 9900 | -€5,385 | -€7,516 | -€2,131 | -39.6% |
| Operating profit (loss) | 9901 | -€6,932 | -€9,078 | -€2,146 | -31.0% |
| Financial charges | 65/66B | €58 | €284 | +€226 | +390% |
| Recurring financial charges | 65 | €58 | €284 | +€226 | +390% |
| Profit (loss) for the period before taxes | 9903 | -€6,990 | -€9,362 | -€2,372 | -33.9% |
| Profit (loss) for the period | 9904 | -€6,990 | -€9,362 | -€2,372 | -33.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,990 | -€9,362 | -€2,372 | -33.9% |
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 19 October 2026 via checked.be.