GLOBAL TASTE: 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 TASTE
Largest movements
- Cash +€373,157
up €373,157 (+468%), from €79,729 to €452,886
mainly Receivables within one year (+€199,522) and Advances received (+€188,253)
- Stocks and contracts +€224,007
up €224,007 (+189%), from €118,755 to €342,761
- Receivables within one year -€199,522
down €199,522 (-82.7%), from €241,241 to €41,719
of which Trade receivables: -€236,461
- Advances received +€188,253
up €188,253 (+94.1%), from €200,000 to €388,253
- Trade debts +€177,036
up €177,036 (+95.3%), from €185,761 to €362,797
- Reserves +€42,431
up €42,431 (+99.1%), from €42,803 to €85,234
- Tax, wage and social debts -€11,006
down €11,006 (-100%), from €11,006 to €0
- Gross operating margin -€2,547
down €2,547 (-4.3%), from €59,506 to €56,959
- Depreciation -€2,116
down €2,116 (-59.7%), from €3,547 to €1,431
- Other operating charges -€1,612
down €1,612 (-82.3%), from €1,958 to €346
- Financial charges +€1,029
up €1,029 (+537%), from €192 to €1,221
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 | €445,119 | €841,331 | +€396,211 | +89.0% |
| Fixed assets | 21/28 | €5,395 | €3,964 | -€1,431 | -26.5% |
| Tangible fixed assets | 22/27 | €5,395 | €3,964 | -€1,431 | -26.5% |
| Plant, machinery and equipment | 23 | €5,395 | €3,964 | -€1,431 | -26.5% |
| Current assets | 29/58 | €439,724 | €837,366 | +€397,642 | +90.4% |
| Stocks and contracts in progress | 3 | €118,755 | €342,761 | +€224,007 | +189% |
| Stocks | 30/36 | €118,755 | €342,761 | +€224,007 | +189% |
| Amounts receivable within one year | 40/41 | €241,241 | €41,719 | -€199,522 | -82.7% |
| Trade receivables | 40 | €239,761 | €3,300 | -€236,461 | -98.6% |
| Other amounts receivable | 41 | €1,480 | €38,419 | +€36,939 | +2,496% |
| Cash at bank and in hand | 54/58 | €79,729 | €452,886 | +€373,157 | +468% |
| Total equity and liabilities | 10/49 | €445,119 | €841,331 | +€396,211 | +89.0% |
| Equity | 10/15 | €47,803 | €90,234 | +€42,431 | +88.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €42,803 | €85,234 | +€42,431 | +99.1% |
| Distributable reserves | 133 | €42,803 | €85,234 | +€42,431 | +99.1% |
| Amounts payable | 17/49 | €397,316 | €751,096 | +€353,780 | +89.0% |
| Amounts payable within one year | 42/48 | €396,929 | €751,096 | +€354,168 | +89.2% |
| Trade debts | 44 | €185,761 | €362,797 | +€177,036 | +95.3% |
| Suppliers | 440/4 | €185,761 | €362,797 | +€177,036 | +95.3% |
| Advances received on contracts in progress | 46 | €200,000 | €388,253 | +€188,253 | +94.1% |
| Taxes, remuneration and social security | 45 | €11,006 | €0 | -€11,006 | -100% |
| Taxes | 450/3 | €11,006 | €0 | -€11,006 | -100% |
| Other amounts payable | 47/48 | €161 | €46 | -€115 | -71.4% |
| Accrued charges and deferred income | 492/3 | €387 | €0 | -€387 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,547 | €1,431 | -€2,116 | -59.7% |
| Other operating charges | 640/8 | €1,958 | €346 | -€1,612 | -82.3% |
| Gross operating margin | 9900 | €59,506 | €56,959 | -€2,547 | -4.3% |
| Operating profit (loss) | 9901 | €54,001 | €55,182 | +€1,181 | +2.2% |
| Financial income | 75/76B | - | €24 | +€24 | |
| Recurring financial income | 75 | - | €24 | +€24 | |
| Financial charges | 65/66B | €192 | €1,221 | +€1,029 | +537% |
| Recurring financial charges | 65 | €192 | €1,221 | +€1,029 | +537% |
| Profit (loss) for the period before taxes | 9903 | €53,809 | €53,985 | +€176 | +0.3% |
| Income taxes | 67/77 | €11,006 | €11,554 | +€548 | +5.0% |
| Profit (loss) for the period | 9904 | €42,803 | €42,431 | -€373 | -0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €42,803 | €42,431 | -€373 | -0.9% |
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 23 October 2026 via checked.be.