GLOBAL SERVICES: 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 SERVICES
Largest movements
- Receivables within one year +€6,213
up €6,213 (+202.1%), from €3,075 to €9,288
of which Trade receivables: +€5,850
- Tangible fixed assets -€3,797
down €3,797 (-48.6%), from €7,806 to €4,009
- Cash +€1,731
up €1,731 (+3532.8%), from €49 to €1,780
mainly Net result for the year (+€10,418) and Depreciation (+€4,047)
- Stocks and contracts +€1,549
new in 2025: €1,549
- Profit (loss) carried forward +€10,418
up €10,418 (+17.3%), from -€60,050 to -€49,632
- Trade debts -€4,173
down €4,173 (-24.7%), from €16,873 to €12,700
- Other debts -€550
down €550 (-1.5%), from €35,871 to €35,321
- Gross operating margin +€14,851
up €14,851, from -€49 to €14,802
- Depreciation +€716
up €716 (+21.5%), from €3,331 to €4,047
- Financial charges +€150
new in 2025: €150
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 | €11,293 | €16,989 | +€5,696 | +50.4% |
| Fixed assets | 21/28 | €8,169 | €4,372 | -€3,797 | -46.5% |
| Tangible fixed assets | 22/27 | €7,806 | €4,009 | -€3,797 | -48.6% |
| Plant, machinery and equipment | 23 | €7,806 | €4,009 | -€3,797 | -48.6% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €3,124 | €12,617 | +€9,493 | +303.9% |
| Stocks and contracts in progress | 3 | - | €1,549 | +€1,549 | |
| Stocks | 30/36 | - | €1,549 | +€1,549 | |
| Amounts receivable within one year | 40/41 | €3,075 | €9,288 | +€6,213 | +202.1% |
| Trade receivables | 40 | €2,900 | €8,750 | +€5,850 | +201.7% |
| Other amounts receivable | 41 | €175 | €538 | +€363 | +207.9% |
| Cash at bank and in hand | 54/58 | €49 | €1,780 | +€1,731 | +3532.8% |
| Total equity and liabilities | 10/49 | €11,293 | €16,989 | +€5,696 | +50.4% |
| Equity | 10/15 | -€41,450 | -€31,032 | +€10,418 | +25.1% |
| 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% |
| Profit (loss) carried forward | 14 | -€60,050 | -€49,632 | +€10,418 | +17.3% |
| Amounts payable | 17/49 | €52,743 | €48,021 | -€4,723 | -9.0% |
| Amounts payable within one year | 42/48 | €52,743 | €48,021 | -€4,723 | -9.0% |
| Trade debts | 44 | €16,873 | €12,700 | -€4,173 | -24.7% |
| Suppliers | 440/4 | €16,873 | €12,700 | -€4,173 | -24.7% |
| Other amounts payable | 47/48 | €35,871 | €35,321 | -€550 | -1.5% |
| Remuneration, social security and pensions | 62 | - | €85 | +€85 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,331 | €4,047 | +€716 | +21.5% |
| Other operating charges | 640/8 | €50 | - | -€50 | |
| Non-recurring operating charges | 66A | - | €102 | +€102 | |
| Gross operating margin | 9900 | -€49 | €14,802 | +€14,851 | |
| Operating profit (loss) | 9901 | -€3,430 | €10,569 | +€13,999 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | - | €150 | +€150 | |
| Recurring financial charges | 65 | - | €150 | +€150 | |
| Profit (loss) for the period before taxes | 9903 | -€3,430 | €10,418 | +€13,849 | |
| Profit (loss) for the period | 9904 | -€3,430 | €10,418 | +€13,849 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,430 | €10,418 | +€13,849 |
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.