GLOBAL RESTYLING SERVICES: 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 RESTYLING SERVICES
Largest movements
- Receivables within one year -€39,406
down €39,406 (-59.5%), from €66,195 to €26,789
of which Trade receivables: -€43,570
- Tangible fixed assets -€23,423
down €23,423 (-2.4%), from €972,955 to €949,532
of which Land and buildings: -€25,011
- Deferred charges and accrued income +€22,009
up €22,009 (+736%), from €2,991 to €25,000
- Cash +€19,722
up €19,722 (+880%), from €2,241 to €21,963
mainly Receivables within one year (+€39,406) and Depreciation (+€36,525)
- Debts after one year -€50,167
down €50,167 (-7.4%), from €678,702 to €628,535
of which Financial debts: -€50,167
- Advances received +€35,000
new in 2025: €35,000
- Other debts +€26,383
up €26,383 (+10.3%), from €255,680 to €282,063
- Profit (loss) carried forward -€19,886
down €19,886 (-11.8%), from -€168,987 to -€188,873
- Trade debts -€13,575
down €13,575 (-95.7%), from €14,187 to €611
- Gross operating margin -€20,142
down €20,142 (-35.8%), from €56,327 to €36,186
- Other operating charges +€2,001
up €2,001 (+38.7%), from €5,174 to €7,175
- Financial charges -€1,671
down €1,671 (-12.3%), from €13,604 to €11,934
- Depreciation +€998
up €998 (+2.8%), from €35,527 to €36,525
- Taxes -€977
down €977 (-89.7%), from €1,090 to €113
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 | €1,049,803 | €1,028,705 | -€21,098 | -2.0% |
| Fixed assets | 21/28 | €976,258 | €952,835 | -€23,423 | -2.4% |
| Tangible fixed assets | 22/27 | €972,955 | €949,532 | -€23,423 | -2.4% |
| Land and buildings | 22 | €949,518 | €924,507 | -€25,011 | -2.6% |
| Plant, machinery and equipment | 23 | €13,520 | €11,226 | -€2,294 | -17.0% |
| Furniture and vehicles | 24 | €9,917 | €13,799 | +€3,883 | +39.2% |
| Financial fixed assets | 28 | €3,303 | €3,303 | = | 0.0% |
| Current assets | 29/58 | €73,545 | €75,870 | +€2,325 | +3.2% |
| Stocks and contracts in progress | 3 | €2,118 | €2,118 | = | 0.0% |
| Stocks | 30/36 | €2,118 | €2,118 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €66,195 | €26,789 | -€39,406 | -59.5% |
| Trade receivables | 40 | €65,000 | €21,430 | -€43,570 | -67.0% |
| Other amounts receivable | 41 | €1,195 | €5,358 | +€4,164 | +349% |
| Cash at bank and in hand | 54/58 | €2,241 | €21,963 | +€19,722 | +880% |
| Deferred charges and accrued income | 490/1 | €2,991 | €25,000 | +€22,009 | +736% |
| Total equity and liabilities | 10/49 | €1,049,803 | €1,028,705 | -€21,098 | -2.0% |
| Equity | 10/15 | €54,013 | €34,127 | -€19,886 | -36.8% |
| Contributions | 10/11 | €223,000 | €223,000 | = | 0.0% |
| Capital | 10 | - | €223,000 | +€223,000 | |
| Issued capital | 100 | - | €223,000 | +€223,000 | |
| Profit (loss) carried forward | 14 | -€168,987 | -€188,873 | -€19,886 | -11.8% |
| Amounts payable | 17/49 | €995,790 | €994,578 | -€1,212 | -0.1% |
| Amounts payable after more than one year | 17 | €678,702 | €628,535 | -€50,167 | -7.4% |
| Financial debts | 170/4 | €674,877 | €624,710 | -€50,167 | -7.4% |
| Other amounts payable | 178/9 | €3,825 | €3,825 | = | 0.0% |
| Amounts payable within one year | 42/48 | €317,052 | €366,043 | +€48,991 | +15.5% |
| Current portion of amounts payable after more than one year | 42 | €46,104 | €48,256 | +€2,153 | +4.7% |
| Trade debts | 44 | €14,187 | €611 | -€13,575 | -95.7% |
| Suppliers | 440/4 | €14,187 | €611 | -€13,575 | -95.7% |
| Advances received on contracts in progress | 46 | - | €35,000 | +€35,000 | |
| Taxes, remuneration and social security | 45 | €1,082 | €113 | -€969 | -89.6% |
| Taxes | 450/3 | €1,082 | €113 | -€969 | -89.6% |
| Other amounts payable | 47/48 | €255,680 | €282,063 | +€26,383 | +10.3% |
| Accrued charges and deferred income | 492/3 | €36 | - | -€36 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,527 | €36,525 | +€998 | +2.8% |
| Other operating charges | 640/8 | €5,174 | €7,175 | +€2,001 | +38.7% |
| Non-recurring operating charges | 66A | - | €855 | +€855 | |
| Gross operating margin | 9900 | €56,327 | €36,186 | -€20,142 | -35.8% |
| Operating profit (loss) | 9901 | €15,626 | -€8,370 | -€23,996 | |
| Financial income | 75/76B | €47 | €530 | +€483 | +1,017% |
| Recurring financial income | 75 | €47 | €530 | +€483 | +1,017% |
| Financial charges | 65/66B | €13,604 | €11,934 | -€1,671 | -12.3% |
| Recurring financial charges | 65 | €13,604 | €11,934 | -€1,671 | -12.3% |
| Profit (loss) for the period before taxes | 9903 | €2,070 | -€19,773 | -€21,843 | |
| Income taxes | 67/77 | €1,090 | €113 | -€977 | -89.7% |
| Profit (loss) for the period | 9904 | €980 | -€19,886 | -€20,866 | |
| Profit (loss) for the period to be appropriated | 9905 | €980 | -€19,886 | -€20,866 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.