GLOBAL STOCKS: 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 STOCKS
Largest movements
- Stocks and contracts +€427,842
up €427,842 (+326%), from €131,428 to €559,271
- Cash +€125,182
up €125,182 (+632%), from €19,796 to €144,979
mainly Trade debts (+€219,351) and Tax, wage and social debts (+€130,592)
- Receivables within one year -€63,633
down €63,633 (-76.3%), from €83,424 to €19,790
- Trade debts +€219,351
up €219,351 (+322%), from €68,056 to €287,407
- Tax, wage and social debts +€130,592
up €130,592 (+440%), from €29,647 to €160,239
of which Taxes: +€74,471
- Profit (loss) carried forward +€120,446
up €120,446 (+185%), from €65,079 to €185,526
- Other debts +€22,352
up €22,352 (+31.7%), from €70,618 to €92,970
- Gross operating margin +€153,375
up €153,375 (+902%), from €17,000 to €170,374
- Taxes +€23,198
up €23,198 (+100%), from €23,099 to €46,297
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 | €248,097 | €740,838 | +€492,741 | +199% |
| Fixed assets | 21/28 | €13,448 | €16,798 | +€3,350 | +24.9% |
| Intangible fixed assets | 21 | €726 | €61 | -€666 | -91.6% |
| Tangible fixed assets | 22/27 | €9,222 | €13,237 | +€4,015 | +43.5% |
| Plant, machinery and equipment | 23 | €9,222 | €6,522 | -€2,700 | -29.3% |
| Furniture and vehicles | 24 | - | €6,715 | +€6,715 | |
| Financial fixed assets | 28 | €3,500 | €3,500 | = | 0.0% |
| Current assets | 29/58 | €234,649 | €724,040 | +€489,391 | +209% |
| Stocks and contracts in progress | 3 | €131,428 | €559,271 | +€427,842 | +326% |
| Stocks | 30/36 | €131,428 | €559,271 | +€427,842 | +326% |
| Amounts receivable within one year | 40/41 | €83,424 | €19,790 | -€63,633 | -76.3% |
| Trade receivables | 40 | €83,424 | €19,790 | -€63,633 | -76.3% |
| Cash at bank and in hand | 54/58 | €19,796 | €144,979 | +€125,182 | +632% |
| Total equity and liabilities | 10/49 | €248,097 | €740,838 | +€492,741 | +199% |
| Equity | 10/15 | €79,775 | €200,222 | +€120,446 | +151% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Reserves | 13 | €10,196 | €10,196 | = | 0.0% |
| Non-distributable reserves | 130/1 | €450 | €450 | = | 0.0% |
| Reserves not available under the articles | 1311 | €450 | €450 | = | 0.0% |
| Distributable reserves | 133 | €9,746 | €9,746 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,079 | €185,526 | +€120,446 | +185% |
| Amounts payable | 17/49 | €168,321 | €540,616 | +€372,295 | +221% |
| Amounts payable within one year | 42/48 | €168,321 | €540,616 | +€372,295 | +221% |
| Trade debts | 44 | €68,056 | €287,407 | +€219,351 | +322% |
| Suppliers | 440/4 | €68,056 | €287,407 | +€219,351 | +322% |
| Taxes, remuneration and social security | 45 | €29,647 | €160,239 | +€130,592 | +440% |
| Taxes | 450/3 | €29,647 | €104,118 | +€74,471 | +251% |
| Remuneration and social security | 454/9 | - | €56,122 | +€56,122 | |
| Other amounts payable | 47/48 | €70,618 | €92,970 | +€22,352 | +31.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,366 | €3,554 | +€189 | +5.6% |
| Other operating charges | 640/8 | €1,197 | €639 | -€558 | -46.6% |
| Gross operating margin | 9900 | €17,000 | €170,374 | +€153,375 | +902% |
| Operating profit (loss) | 9901 | €12,437 | €166,181 | +€153,744 | +1,236% |
| Financial income | 75/76B | - | €873 | +€873 | |
| Recurring financial income | 75 | - | €873 | +€873 | |
| Financial charges | 65/66B | €1,147 | €311 | -€836 | -72.9% |
| Recurring financial charges | 65 | €1,147 | €311 | -€836 | -72.9% |
| Profit (loss) for the period before taxes | 9903 | €11,290 | €166,743 | +€155,453 | +1,377% |
| Income taxes | 67/77 | €23,099 | €46,297 | +€23,198 | +100% |
| Profit (loss) for the period | 9904 | -€11,809 | €120,446 | +€132,255 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,809 | €120,446 | +€132,255 |
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 30 October 2026 via checked.be.