GLOBAL SKILLS: 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 SKILLS
Largest movements
- Financial fixed assets +€200,000
up €200,000 (+3.6%), from €5.5m to €5.7m
- Debts after one year +€1.5m
up €1.5m (+14.3%), from €10.4m to €11.9m
of which Other amounts payable: +€2.1m
- Other debts -€817,099
no longer reported in 2025 (was €817,099)
- Profit (loss) carried forward -€455,699
down €455,699 (-3.8%), from -€12.1m to -€12.5m
- Financial charges -€496,579
down €496,579 (-28.8%), from €1.7m to €1.2m
of which Non-recurring financial charges: -€300,000
- Other operating income -€100,000
no longer reported in 2025 (was €100,000)
- Services and other goods +€40,399
up €40,399 (+247%), from €16,380 to €56,779
- Financial income +€22,242
up €22,242 (+10.4%), from €214,554 to €236,796
- Other operating charges +€7,000
up €7,000 (+5,556%), from €126 to €7,126
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 | €6,043,026 | €6,253,942 | +€210,916 | +3.5% |
| Fixed assets | 21/28 | €5,500,000 | €5,700,000 | +€200,000 | +3.6% |
| Financial fixed assets | 28 | €5,500,000 | €5,700,000 | +€200,000 | +3.6% |
| Affiliated companies | 280/1 | €5,500,000 | €5,700,000 | +€200,000 | +3.6% |
| Participating interests | 280 | €5,500,000 | €5,700,000 | +€200,000 | +3.6% |
| Current assets | 29/58 | €543,026 | €553,942 | +€10,916 | +2.0% |
| Amounts receivable within one year | 40/41 | €541,300 | €545,686 | +€4,386 | +0.8% |
| Trade receivables | 40 | €516,300 | €520,686 | +€4,386 | +0.8% |
| Other amounts receivable | 41 | €25,000 | €25,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,726 | €8,256 | +€6,530 | +378% |
| Total equity and liabilities | 10/49 | €6,043,026 | €6,253,942 | +€210,916 | +3.5% |
| Equity | 10/15 | -€5,779,792 | -€6,235,491 | -€455,699 | -7.9% |
| Contributions | 10/11 | €6,300,000 | €6,300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,079,792 | -€12,535,491 | -€455,699 | -3.8% |
| Amounts payable | 17/49 | €11,822,818 | €12,489,433 | +€666,615 | +5.6% |
| Amounts payable after more than one year | 17 | €10,385,968 | €11,866,569 | +€1.5m | +14.3% |
| Financial debts | 170/4 | €4,285,716 | €3,714,288 | -€571,428 | -13.3% |
| Credit institutions | 173 | €4,285,716 | €3,714,288 | -€571,428 | -13.3% |
| Other amounts payable | 178/9 | €6,100,252 | €8,152,281 | +€2.1m | +33.6% |
| Amounts payable within one year | 42/48 | €1,436,850 | €622,864 | -€813,986 | -56.7% |
| Financial debts | 43 | €571,428 | €571,428 | = | 0.0% |
| Credit institutions | 430/8 | €571,428 | €571,428 | = | 0.0% |
| Trade debts | 44 | €18,828 | €23,484 | +€4,656 | +24.7% |
| Suppliers | 440/4 | €18,828 | €23,484 | +€4,656 | +24.7% |
| Taxes, remuneration and social security | 45 | €29,495 | €27,952 | -€1,542 | -5.2% |
| Taxes | 450/3 | €29,495 | €27,952 | -€1,542 | -5.2% |
| Other amounts payable | 47/48 | €817,099 | - | -€817,099 | |
| Operating income | 70/76A | €700,000 | €600,000 | -€100,000 | -14.3% |
| Turnover | 70 | €600,000 | €600,000 | = | 0.0% |
| Other operating income | 74 | €100,000 | - | -€100,000 | |
| Operating charges | 60/66A | €16,506 | €63,905 | +€47,399 | +287% |
| Services and other goods | 61 | €16,380 | €56,779 | +€40,399 | +247% |
| Other operating charges | 640/8 | €126 | €7,126 | +€7,000 | +5,556% |
| Operating profit (loss) | 9901 | €683,494 | €536,095 | -€147,399 | -21.6% |
| Financial income | 75/76B | €214,554 | €236,796 | +€22,242 | +10.4% |
| Recurring financial income | 75 | €214,554 | €236,796 | +€22,242 | +10.4% |
| Income from current assets | 751 | €214,554 | €236,796 | +€22,242 | +10.4% |
| Financial charges | 65/66B | €1,725,168 | €1,228,589 | -€496,579 | -28.8% |
| Recurring financial charges | 65 | €1,425,168 | €1,228,589 | -€196,579 | -13.8% |
| Debt charges | 650 | €763,811 | €762,593 | -€1,217 | -0.2% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €660,712 | €465,296 | -€195,416 | -29.6% |
| Other financial charges | 652/9 | €646 | €700 | +€54 | +8.4% |
| Non-recurring financial charges | 66B | €300,000 | - | -€300,000 | |
| Profit (loss) for the period before taxes | 9903 | -€827,120 | -€455,699 | +€371,422 | +44.9% |
| Profit (loss) for the period | 9904 | -€827,120 | -€455,699 | +€371,422 | +44.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€827,120 | -€455,699 | +€371,422 | +44.9% |
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 29 October 2026 via checked.be.