GLOBAL TECH: 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 TECH
Largest movements
- Tangible fixed assets +€115,660
up €115,660 (+98.9%), from €116,923 to €232,583
of which Furniture and vehicles: +€119,250
- Receivables within one year +€26,878
up €26,878 (+5.6%), from €478,511 to €505,389
of which Trade receivables: +€26,878
- Cash -€19,707
no longer reported in 2024 (was €19,707)
mainly Investment in fixed assets (net) (-€208,006) and Tax, wage and social debts (-€39,034)
- Trade debts +€134,661
up €134,661 (+204%), from €66,080 to €200,741
- Tax, wage and social debts -€39,034
down €39,034 (-26.2%), from €148,751 to €109,717
of which Taxes: -€47,234
- Profit (loss) carried forward +€26,842
up €26,842 (+17.3%), from €155,151 to €181,994
- Gross operating margin +€55,629
up €55,629 (+8.7%), from €636,514 to €692,143
- Staff costs +€32,229
up €32,229 (+8.2%), from €392,850 to €425,078
- Depreciation +€8,644
up €8,644 (+10.6%), from €81,399 to €90,043
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €690,591 | €815,726 | +€125,134 | +18.1% |
| Fixed assets | 21/28 | €192,373 | €310,337 | +€117,964 | +61.3% |
| Tangible fixed assets | 22/27 | €116,923 | €232,583 | +€115,660 | +98.9% |
| Plant, machinery and equipment | 23 | €3,590 | - | -€3,590 | |
| Furniture and vehicles | 24 | €113,333 | €232,583 | +€119,250 | +105% |
| Financial fixed assets | 28 | €75,450 | €77,754 | +€2,304 | +3.1% |
| Current assets | 29/58 | €498,218 | €505,389 | +€7,171 | +1.4% |
| Amounts receivable within one year | 40/41 | €478,511 | €505,389 | +€26,878 | +5.6% |
| Trade receivables | 40 | €466,011 | €492,889 | +€26,878 | +5.8% |
| Other amounts receivable | 41 | €12,500 | €12,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €19,707 | - | -€19,707 | |
| Total equity and liabilities | 10/49 | €690,591 | €815,726 | +€125,134 | +18.1% |
| Equity | 10/15 | €175,611 | €202,454 | +€26,842 | +15.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €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% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €155,151 | €181,994 | +€26,842 | +17.3% |
| Amounts payable | 17/49 | €514,980 | €613,272 | +€98,292 | +19.1% |
| Amounts payable within one year | 42/48 | €514,980 | €613,272 | +€98,292 | +19.1% |
| Financial debts | 43 | - | €2,400 | +€2,400 | |
| Credit institutions | 430/8 | - | €2,400 | +€2,400 | |
| Trade debts | 44 | €66,080 | €200,741 | +€134,661 | +204% |
| Suppliers | 440/4 | €66,080 | €200,741 | +€134,661 | +204% |
| Taxes, remuneration and social security | 45 | €148,751 | €109,717 | -€39,034 | -26.2% |
| Taxes | 450/3 | €91,587 | €44,352 | -€47,234 | -51.6% |
| Remuneration and social security | 454/9 | €57,164 | €65,364 | +€8,200 | +14.3% |
| Other amounts payable | 47/48 | €300,149 | €300,414 | +€265 | +0.1% |
| Remuneration, social security and pensions | 62 | €392,850 | €425,078 | +€32,229 | +8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,399 | €90,043 | +€8,644 | +10.6% |
| Other operating charges | 640/8 | €136,925 | €133,452 | -€3,473 | -2.5% |
| Non-recurring operating charges | 66A | €3,579 | €3,464 | -€115 | -3.2% |
| Gross operating margin | 9900 | €636,514 | €692,143 | +€55,629 | +8.7% |
| Operating profit (loss) | 9901 | €21,762 | €40,106 | +€18,343 | +84.3% |
| Financial income | 75/76B | €0 | €1,951 | +€1,951 | +2,167,644% |
| Recurring financial income | 75 | €0 | €1,951 | +€1,951 | +2,167,644% |
| Financial charges | 65/66B | €976 | €3,739 | +€2,763 | +283% |
| Recurring financial charges | 65 | €976 | €3,739 | +€2,763 | +283% |
| Profit (loss) for the period before taxes | 9903 | €20,787 | €38,318 | +€17,531 | +84.3% |
| Income taxes | 67/77 | €11,764 | €11,475 | -€288 | -2.4% |
| Profit (loss) for the period | 9904 | €9,023 | €26,842 | +€17,819 | +197% |
| Profit (loss) for the period to be appropriated | 9905 | €9,023 | €26,842 | +€17,819 | +197% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.