GLOBAL SOURCING CONSULTANCY: 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 SOURCING CONSULTANCY
Largest movements
- Receivables within one year -€28,214
down €28,214 (-27.1%), from €104,130 to €75,916
of which Other amounts receivable: -€31,392
- Cash +€3,013
up €3,013 (+3.6%), from €84,198 to €87,211
mainly Net result for the year (+€63,248) and Receivables within one year (+€28,214)
- Tangible fixed assets -€2,932
down €2,932 (-8.3%), from €35,465 to €32,532
of which Land and buildings: -€1,758
- Deferred charges and accrued income +€2,280
up €2,280 (+501%), from €455 to €2,735
- Reserves -€40,160
down €40,160 (-20.4%), from €196,459 to €156,299
of which Distributable reserves: -€38,301
- Tax, wage and social debts +€8,437
up €8,437 (+56.2%), from €15,024 to €23,462
- Trade debts +€4,097
up €4,097 (+464%), from €882 to €4,979
- Gross operating margin -€29,092
down €29,092 (-22.7%), from €128,414 to €99,322
- Taxes -€11,799
down €11,799 (-30.9%), from €38,144 to €26,345
- Depreciation +€4,840
up €4,840 (+89.3%), from €5,423 to €10,263
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 | €224,247 | €198,394 | -€25,854 | -11.5% |
| Fixed assets | 21/28 | €35,465 | €32,532 | -€2,932 | -8.3% |
| Tangible fixed assets | 22/27 | €35,465 | €32,532 | -€2,932 | -8.3% |
| Land and buildings | 22 | €15,428 | €13,670 | -€1,758 | -11.4% |
| Plant, machinery and equipment | 23 | €1,439 | €887 | -€552 | -38.4% |
| Furniture and vehicles | 24 | €18,597 | €17,975 | -€622 | -3.3% |
| Current assets | 29/58 | €188,782 | €165,861 | -€22,921 | -12.1% |
| Amounts receivable within one year | 40/41 | €104,130 | €75,916 | -€28,214 | -27.1% |
| Trade receivables | 40 | €953 | €4,131 | +€3,178 | +333% |
| Other amounts receivable | 41 | €103,177 | €71,785 | -€31,392 | -30.4% |
| Cash at bank and in hand | 54/58 | €84,198 | €87,211 | +€3,013 | +3.6% |
| Deferred charges and accrued income | 490/1 | €455 | €2,735 | +€2,280 | +501% |
| Total equity and liabilities | 10/49 | €224,247 | €198,394 | -€25,854 | -11.5% |
| Equity | 10/15 | €208,341 | €168,189 | -€40,152 | -19.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €196,459 | €156,299 | -€40,160 | -20.4% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | €1,859 | - | -€1,859 | |
| Distributable reserves | 133 | €194,600 | €156,299 | -€38,301 | -19.7% |
| Profit (loss) carried forward | 14 | €5,682 | €5,690 | +€8 | +0.1% |
| Amounts payable | 17/49 | €15,906 | €30,205 | +€14,298 | +89.9% |
| Amounts payable within one year | 42/48 | €15,906 | €30,205 | +€14,298 | +89.9% |
| Trade debts | 44 | €882 | €4,979 | +€4,097 | +464% |
| Suppliers | 440/4 | €882 | €4,979 | +€4,097 | +464% |
| Taxes, remuneration and social security | 45 | €15,024 | €23,462 | +€8,437 | +56.2% |
| Taxes | 450/3 | €15,024 | €23,462 | +€8,437 | +56.2% |
| Other amounts payable | 47/48 | - | €1,764 | +€1,764 | |
| Non-recurring operating income | 76A | €45,617 | - | -€45,617 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,423 | €10,263 | +€4,840 | +89.3% |
| Other operating charges | 640/8 | €981 | €686 | -€295 | -30.1% |
| Gross operating margin | 9900 | €128,414 | €99,322 | -€29,092 | -22.7% |
| Operating profit (loss) | 9901 | €122,009 | €88,373 | -€33,637 | -27.6% |
| Financial income | 75/76B | €1,266 | €1,410 | +€145 | +11.4% |
| Recurring financial income | 75 | €1,266 | €1,410 | +€145 | +11.4% |
| Financial charges | 65/66B | €910 | €189 | -€721 | -79.2% |
| Recurring financial charges | 65 | €910 | €189 | -€721 | -79.2% |
| Profit (loss) for the period before taxes | 9903 | €122,365 | €89,593 | -€32,771 | -26.8% |
| Income taxes | 67/77 | €38,144 | €26,345 | -€11,799 | -30.9% |
| Profit (loss) for the period | 9904 | €84,220 | €63,248 | -€20,972 | -24.9% |
| Profit (loss) for the period to be appropriated | 9905 | €84,220 | €63,248 | -€20,972 | -24.9% |
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 19 October 2026 via checked.be.