Global Worx: what changed
Global Worx
Largest movements
- Tangible fixed assets +€130,467
up €130,467 (+133%), from €97,731 to €228,198
of which Land and buildings: +€66,595
- Receivables within one year +€36,658
up €36,658 (+64.5%), from €56,876 to €93,534
of which Trade receivables: +€18,623
- Cash -€14,357
down €14,357 (-34.7%), from €41,323 to €26,966
mainly Investment in fixed assets (net) (-€178,763) and Receivables within one year (-€36,658)
- Debts after one year +€93,128
up €93,128 (+1,668%), from €5,582 to €98,710
- Profit (loss) carried forward +€58,295
up €58,295 (+35.7%), from €163,337 to €221,632
- Current portion of long-term debt +€3,591
up €3,591 (+15.6%), from €22,986 to €26,577
- Gross operating margin +€70,564
up €70,564 (+80.0%), from €88,171 to €158,735
- Taxes +€14,566
up €14,566 (+290%), from €5,022 to €19,588
- Financial charges +€10,990
up €10,990 (+773%), from €1,422 to €12,412
- Staff costs -€7,913
down €7,913 (-29.3%), from €27,004 to €19,091
- Depreciation +€7,458
up €7,458 (+18.3%), from €40,808 to €48,266
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €196,420 | €349,218 | +€152,798 | +77.8% |
| Fixed assets | 21/28 | €98,221 | €228,718 | +€130,497 | +133% |
| Tangible fixed assets | 22/27 | €97,731 | €228,198 | +€130,467 | +133% |
| Land and buildings | 22 | - | €66,595 | +€66,595 | |
| Plant, machinery and equipment | 23 | €41,333 | €81,294 | +€39,961 | +96.7% |
| Furniture and vehicles | 24 | €56,398 | €80,309 | +€23,911 | +42.4% |
| Financial fixed assets | 28 | €490 | €520 | +€30 | +6.1% |
| Current assets | 29/58 | €98,199 | €120,500 | +€22,301 | +22.7% |
| Amounts receivable within one year | 40/41 | €56,876 | €93,534 | +€36,658 | +64.5% |
| Trade receivables | 40 | €44,593 | €63,216 | +€18,623 | +41.8% |
| Other amounts receivable | 41 | €12,283 | €30,318 | +€18,035 | +147% |
| Cash at bank and in hand | 54/58 | €41,323 | €26,966 | -€14,357 | -34.7% |
| Total equity and liabilities | 10/49 | €196,420 | €349,218 | +€152,798 | +77.8% |
| Equity | 10/15 | €165,337 | €223,632 | +€58,295 | +35.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Share premium | 1100/10 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €163,337 | €221,632 | +€58,295 | +35.7% |
| Amounts payable | 17/49 | €31,083 | €125,586 | +€94,503 | +304% |
| Amounts payable after more than one year | 17 | €5,582 | €98,710 | +€93,128 | +1,668% |
| Financial debts | 170/4 | €5,582 | €98,710 | +€93,128 | +1,668% |
| Amounts payable within one year | 42/48 | €25,501 | €26,876 | +€1,375 | +5.4% |
| Current portion of amounts payable after more than one year | 42 | €22,986 | €26,577 | +€3,591 | +15.6% |
| Trade debts | 44 | €2,515 | - | -€2,515 | |
| Suppliers | 440/4 | €2,515 | - | -€2,515 | |
| Taxes, remuneration and social security | 45 | - | €299 | +€299 | |
| Remuneration and social security | 454/9 | - | €299 | +€299 | |
| Remuneration, social security and pensions | 62 | €27,004 | €19,091 | -€7,913 | -29.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,808 | €48,266 | +€7,458 | +18.3% |
| Other operating charges | 640/8 | €1,940 | €1,083 | -€857 | -44.2% |
| Gross operating margin | 9900 | €88,171 | €158,735 | +€70,564 | +80.0% |
| Operating profit (loss) | 9901 | €18,419 | €90,295 | +€71,876 | +390% |
| Financial charges | 65/66B | €1,422 | €12,412 | +€10,990 | +773% |
| Recurring financial charges | 65 | €1,422 | €12,412 | +€10,990 | +773% |
| Profit (loss) for the period before taxes | 9903 | €16,997 | €77,883 | +€60,886 | +358% |
| Income taxes | 67/77 | €5,022 | €19,588 | +€14,566 | +290% |
| Profit (loss) for the period | 9904 | €11,975 | €58,295 | +€46,320 | +387% |
| Profit (loss) for the period to be appropriated | 9905 | €11,975 | €58,295 | +€46,320 | +387% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.