GLOBAL SOLUTION CONSTRUCT: 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 SOLUTION CONSTRUCT
Largest movements
- Receivables within one year +€67,694
up €67,694 (+420%), from €16,107 to €83,801
of which Trade receivables: +€67,227
- Cash -€56,766
down €56,766 (-73.1%), from €77,648 to €20,882
mainly Receivables within one year (-€67,694) and Debts after one year (-€2,835)
- Tangible fixed assets -€4,070
down €4,070 (-9.4%), from €43,476 to €39,406
of which Furniture and vehicles: -€2,776
- Profit (loss) carried forward +€11,250
up €11,250 (+15.1%), from €74,477 to €85,727
- Debts after one year -€2,835
down €2,835 (-10.9%), from €26,021 to €23,186
- Write-downs +€18,209
new in 2025: €18,209
- Gross operating margin +€12,712
up €12,712 (+43.3%), from €29,369 to €42,081
- Staff costs -€2,854
down €2,854 (-93.0%), from €3,068 to €213
- Depreciation +€1,568
up €1,568 (+62.6%), from €2,503 to €4,070
- Taxes -€1,226
down €1,226 (-24.1%), from €5,090 to €3,865
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 | €139,562 | €146,891 | +€7,329 | +5.3% |
| Fixed assets | 21/28 | €45,807 | €41,687 | -€4,120 | -9.0% |
| Tangible fixed assets | 22/27 | €43,476 | €39,406 | -€4,070 | -9.4% |
| Land and buildings | 22 | €36,356 | €35,062 | -€1,295 | -3.6% |
| Furniture and vehicles | 24 | €7,120 | €4,344 | -€2,776 | -39.0% |
| Financial fixed assets | 28 | €2,331 | €2,281 | -€50 | -2.1% |
| Current assets | 29/58 | €93,755 | €105,204 | +€11,449 | +12.2% |
| Amounts receivable within one year | 40/41 | €16,107 | €83,801 | +€67,694 | +420% |
| Trade receivables | 40 | €16,107 | €83,334 | +€67,227 | +417% |
| Other amounts receivable | 41 | - | €467 | +€467 | |
| Cash at bank and in hand | 54/58 | €77,648 | €20,882 | -€56,766 | -73.1% |
| Deferred charges and accrued income | 490/1 | - | €521 | +€521 | |
| Total equity and liabilities | 10/49 | €139,562 | €146,891 | +€7,329 | +5.3% |
| Equity | 10/15 | €94,937 | €106,187 | +€11,250 | +11.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,477 | €85,727 | +€11,250 | +15.1% |
| Amounts payable | 17/49 | €44,625 | €40,704 | -€3,921 | -8.8% |
| Amounts payable after more than one year | 17 | €26,021 | €23,186 | -€2,835 | -10.9% |
| Financial debts | 170/4 | €26,021 | €23,186 | -€2,835 | -10.9% |
| Amounts payable within one year | 42/48 | €18,604 | €17,518 | -€1,086 | -5.8% |
| Current portion of amounts payable after more than one year | 42 | €2,778 | €2,835 | +€57 | +2.0% |
| Trade debts | 44 | €9,567 | €9,340 | -€227 | -2.4% |
| Suppliers | 440/4 | €9,567 | €9,340 | -€227 | -2.4% |
| Advances received on contracts in progress | 46 | - | €160 | +€160 | |
| Taxes, remuneration and social security | 45 | €6,257 | €5,183 | -€1,074 | -17.2% |
| Taxes | 450/3 | €6,257 | €5,183 | -€1,074 | -17.2% |
| Other amounts payable | 47/48 | €2 | - | -€2 | |
| Remuneration, social security and pensions | 62 | €3,068 | €213 | -€2,854 | -93.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,503 | €4,070 | +€1,568 | +62.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €18,209 | +€18,209 | |
| Other operating charges | 640/8 | €2,405 | €1,247 | -€1,158 | -48.1% |
| Non-recurring operating charges | 66A | - | €2,530 | +€2,530 | |
| Gross operating margin | 9900 | €29,369 | €42,081 | +€12,712 | +43.3% |
| Operating profit (loss) | 9901 | €21,394 | €15,812 | -€5,582 | -26.1% |
| Financial income | 75/76B | €10 | €94 | +€84 | +824% |
| Recurring financial income | 75 | €10 | €94 | +€84 | +824% |
| Financial charges | 65/66B | €912 | €792 | -€121 | -13.2% |
| Recurring financial charges | 65 | €912 | €792 | -€121 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €20,492 | €15,115 | -€5,377 | -26.2% |
| Income taxes | 67/77 | €5,090 | €3,865 | -€1,226 | -24.1% |
| Profit (loss) for the period | 9904 | €15,402 | €11,250 | -€4,152 | -27.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,402 | €11,250 | -€4,152 | -27.0% |
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 15 October 2026 via checked.be.