GLOBAL 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 SERVICES
Largest movements
- Receivables within one year +€35,816
up €35,816 (+17.8%), from €201,495 to €237,311
of which Trade receivables: +€136,906
- Tangible fixed assets -€20,252
down €20,252 (-35.3%), from €57,364 to €37,112
of which Furniture and vehicles: -€19,570
- Cash -€7,157
down €7,157 (-28.8%), from €24,872 to €17,715
mainly Trade debts (-€37,266) and Receivables within one year (-€35,816)
- Trade debts -€37,266
down €37,266 (-51.6%), from €72,192 to €34,926
- Other debts +€35,248
new in 2024: €35,248
- Profit (loss) carried forward +€15,369
up €15,369 (+8.7%), from €177,154 to €192,523
- Advances received -€3,014
down €3,014 (-75.1%), from €4,014 to €1,000
- Depreciation +€20,281
new in 2024: €20,281
- Financial income -€8,902
no longer reported in 2024 (was €8,902)
- Taxes -€7,554
down €7,554 (-47.1%), from €16,034 to €8,480
- Gross operating margin +€5,374
up €5,374 (+10.3%), from €51,934 to €57,308
- Financial charges +€1,902
up €1,902 (+694%), from €274 to €2,176
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €284,596 | €292,677 | +€8,081 | +2.8% |
| Formation expenses | 20 | €29 | - | -€29 | |
| Fixed assets | 21/28 | €58,200 | €37,651 | -€20,549 | -35.3% |
| Tangible fixed assets | 22/27 | €57,364 | €37,112 | -€20,252 | -35.3% |
| Plant, machinery and equipment | 23 | €682 | - | -€682 | |
| Furniture and vehicles | 24 | €56,682 | €37,112 | -€19,570 | -34.5% |
| Financial fixed assets | 28 | €836 | €539 | -€297 | -35.5% |
| Current assets | 29/58 | €226,367 | €255,026 | +€28,659 | +12.7% |
| Amounts receivable within one year | 40/41 | €201,495 | €237,311 | +€35,816 | +17.8% |
| Trade receivables | 40 | €67,629 | €204,535 | +€136,906 | +202% |
| Other amounts receivable | 41 | €133,866 | €32,776 | -€101,090 | -75.5% |
| Cash at bank and in hand | 54/58 | €24,872 | €17,715 | -€7,157 | -28.8% |
| Total equity and liabilities | 10/49 | €284,596 | €292,677 | +€8,081 | +2.8% |
| Equity | 10/15 | €185,511 | €200,880 | +€15,369 | +8.3% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Capital | 10 | €6,500 | €6,500 | = | 0.0% |
| Issued capital | 100 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €1,857 | €1,857 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,857 | €1,857 | = | 0.0% |
| Legal reserve | 130 | €1,857 | €1,857 | = | 0.0% |
| Profit (loss) carried forward | 14 | €177,154 | €192,523 | +€15,369 | +8.7% |
| Amounts payable | 17/49 | €99,085 | €91,797 | -€7,288 | -7.4% |
| Amounts payable within one year | 42/48 | €99,085 | €91,797 | -€7,288 | -7.4% |
| Trade debts | 44 | €72,192 | €34,926 | -€37,266 | -51.6% |
| Suppliers | 440/4 | €72,192 | €34,926 | -€37,266 | -51.6% |
| Advances received on contracts in progress | 46 | €4,014 | €1,000 | -€3,014 | -75.1% |
| Taxes, remuneration and social security | 45 | €22,879 | €20,623 | -€2,256 | -9.9% |
| Taxes | 450/3 | €22,879 | €20,623 | -€2,256 | -9.9% |
| Other amounts payable | 47/48 | - | €35,248 | +€35,248 | |
| Non-recurring operating income | 76A | €145 | €256 | +€111 | +76.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €20,281 | +€20,281 | |
| Other operating charges | 640/8 | €8,099 | €7,821 | -€278 | -3.4% |
| Non-recurring operating charges | 66A | - | €3,181 | +€3,181 | |
| Gross operating margin | 9900 | €51,934 | €57,308 | +€5,374 | +10.3% |
| Operating profit (loss) | 9901 | €43,835 | €26,025 | -€17,810 | -40.6% |
| Financial income | 75/76B | €8,902 | - | -€8,902 | |
| Recurring financial income | 75 | €8,902 | - | -€8,902 | |
| Financial charges | 65/66B | €274 | €2,176 | +€1,902 | +694% |
| Recurring financial charges | 65 | €274 | €2,176 | +€1,902 | +694% |
| Profit (loss) for the period before taxes | 9903 | €52,463 | €23,849 | -€28,614 | -54.5% |
| Income taxes | 67/77 | €16,034 | €8,480 | -€7,554 | -47.1% |
| Profit (loss) for the period | 9904 | €36,429 | €15,369 | -€21,060 | -57.8% |
| Profit (loss) for the period to be appropriated | 9905 | €36,429 | €15,369 | -€21,060 | -57.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.