Global Trading: 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 Trading
Largest movements
- Receivables within one year +€224,674
up €224,674 (+33.8%), from €664,476 to €889,150
of which Other amounts receivable: +€224,674
- Reserves +€227,684
up €227,684 (+20.0%), from €1.1m to €1.4m
- Debts after one year -€80,100
no longer reported in 2025 (was €80,100)
- Current portion of long-term debt +€56,467
up €56,467 (+66.7%), from €84,703 to €141,170
- Other debts +€23,633
up €23,633 (+75.7%), from €31,206 to €54,840
- Financial income -€50,367
down €50,367 (-16.6%), from €303,092 to €252,724
- Taxes -€4,622
down €4,622 (-16.9%), from €27,391 to €22,768
- Gross operating margin -€465
down €465 (-31.7%), from -€1,470 to -€1,935
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 | €1,366,752 | €1,589,428 | +€222,676 | +16.3% |
| Fixed assets | 21/28 | €700,000 | €700,000 | = | 0.0% |
| Financial fixed assets | 28 | €700,000 | €700,000 | = | 0.0% |
| Current assets | 29/58 | €666,752 | €889,428 | +€222,676 | +33.4% |
| Amounts receivable within one year | 40/41 | €664,476 | €889,150 | +€224,674 | +33.8% |
| Trade receivables | 40 | €600 | €600 | = | 0.0% |
| Other amounts receivable | 41 | €663,876 | €888,550 | +€224,674 | +33.8% |
| Cash at bank and in hand | 54/58 | €2,276 | €279 | -€1,998 | -87.8% |
| Total equity and liabilities | 10/49 | €1,366,752 | €1,589,428 | +€222,676 | +16.3% |
| Equity | 10/15 | €1,142,577 | €1,370,261 | +€227,684 | +19.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,136,377 | €1,364,061 | +€227,684 | +20.0% |
| Distributable reserves | 133 | €1,136,377 | €1,364,061 | +€227,684 | +20.0% |
| Amounts payable | 17/49 | €224,175 | €219,167 | -€5,008 | -2.2% |
| Amounts payable after more than one year | 17 | €80,100 | - | -€80,100 | |
| Financial debts | 170/4 | €80,100 | - | -€80,100 | |
| Amounts payable within one year | 42/48 | €143,688 | €218,778 | +€75,091 | +52.3% |
| Current portion of amounts payable after more than one year | 42 | €84,703 | €141,170 | +€56,467 | +66.7% |
| Trade debts | 44 | €387 | - | -€387 | |
| Suppliers | 440/4 | €387 | - | -€387 | |
| Taxes, remuneration and social security | 45 | €27,391 | €22,768 | -€4,622 | -16.9% |
| Taxes | 450/3 | €27,391 | €22,768 | -€4,622 | -16.9% |
| Other amounts payable | 47/48 | €31,206 | €54,840 | +€23,633 | +75.7% |
| Accrued charges and deferred income | 492/3 | €388 | €389 | +€2 | +0.4% |
| Other operating charges | 640/8 | €259 | €264 | +€6 | +2.2% |
| Gross operating margin | 9900 | -€1,470 | -€1,935 | -€465 | -31.7% |
| Operating profit (loss) | 9901 | -€1,728 | -€2,199 | -€471 | -27.3% |
| Financial income | 75/76B | €303,092 | €252,724 | -€50,367 | -16.6% |
| Recurring financial income | 75 | €303,092 | €252,724 | -€50,367 | -16.6% |
| Financial charges | 65/66B | €67 | €72 | +€5 | +7.4% |
| Recurring financial charges | 65 | €67 | €72 | +€5 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | €301,296 | €250,453 | -€50,843 | -16.9% |
| Income taxes | 67/77 | €27,391 | €22,768 | -€4,622 | -16.9% |
| Profit (loss) for the period | 9904 | €273,905 | €227,684 | -€46,221 | -16.9% |
| Profit (loss) for the period to be appropriated | 9905 | €273,905 | €227,684 | -€46,221 | -16.9% |
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 24 October 2026 via checked.be.