GLOBAL S.B.: 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 S.B.
Largest movements
- Receivables within one year +€15,885
up €15,885 (+792%), from €2,006 to €17,891
of which Trade receivables: +€16,678
- Tangible fixed assets -€934
down €934 (-86.6%), from €1,078 to €144
- Cash +€406
up €406 (+866%), from €47 to €453
mainly Trade debts (+€14,100) and Net result for the year (+€1,415)
- Trade debts +€14,100
up €14,100 (+802%), from €1,758 to €15,858
- Profit (loss) carried forward +€1,415
up €1,415 (+225%), from €629 to €2,044
- Gross operating margin +€4,101
up €4,101, from -€421 to €3,680
- Staff costs +€916
new in 2025: €916
- Other operating charges +€190
up €190 (+298%), from €64 to €254
- Depreciation +€78
up €78 (+9.1%), from €856 to €934
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 | €4,631 | €19,989 | +€15,358 | +332% |
| Fixed assets | 21/28 | €2,578 | €1,644 | -€934 | -36.2% |
| Tangible fixed assets | 22/27 | €1,078 | €144 | -€934 | -86.6% |
| Plant, machinery and equipment | 23 | €1,078 | €144 | -€934 | -86.6% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €2,053 | €18,344 | +€16,291 | +793% |
| Amounts receivable within one year | 40/41 | €2,006 | €17,891 | +€15,885 | +792% |
| Trade receivables | 40 | - | €16,678 | +€16,678 | |
| Other amounts receivable | 41 | €2,006 | €1,213 | -€793 | -39.5% |
| Cash at bank and in hand | 54/58 | €47 | €453 | +€406 | +866% |
| Total equity and liabilities | 10/49 | €4,631 | €19,989 | +€15,358 | +332% |
| Equity | 10/15 | €2,629 | €4,044 | +€1,415 | +53.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €629 | €2,044 | +€1,415 | +225% |
| Amounts payable | 17/49 | €2,002 | €15,944 | +€13,942 | +696% |
| Amounts payable within one year | 42/48 | €2,002 | €15,944 | +€13,942 | +696% |
| Trade debts | 44 | €1,758 | €15,858 | +€14,100 | +802% |
| Suppliers | 440/4 | €1,758 | €15,858 | +€14,100 | +802% |
| Taxes, remuneration and social security | 45 | €168 | - | -€168 | |
| Taxes | 450/3 | €168 | - | -€168 | |
| Other amounts payable | 47/48 | €76 | €86 | +€10 | +13.1% |
| Remuneration, social security and pensions | 62 | - | €916 | +€916 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €856 | €934 | +€78 | +9.1% |
| Other operating charges | 640/8 | €64 | €254 | +€190 | +298% |
| Gross operating margin | 9900 | -€421 | €3,680 | +€4,101 | |
| Operating profit (loss) | 9901 | -€1,341 | €1,576 | +€2,917 | |
| Financial charges | 65/66B | €177 | €161 | -€16 | -9.1% |
| Recurring financial charges | 65 | €177 | €161 | -€16 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,518 | €1,415 | +€2,933 | |
| Profit (loss) for the period | 9904 | -€1,518 | €1,415 | +€2,933 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,518 | €1,415 | +€2,933 |
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 14 October 2026 via checked.be.