Globalcomm: what changed
Two fiscal 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.
Globalcomm
Largest movements
- Receivables within one year +€126,978
up €126,978 (+221.3%), from €57,374 to €184,352
of which Other amounts receivable: +€84,180
- Cash +€31,100
up €31,100 (+175.7%), from €17,699 to €48,799
mainly Trade debts (+€88,559) and Advances received (+€60,426)
- Receivables after one year -€7,500
down €7,500 (-100.0%), from €7,500 to €0
- Stocks and contracts -€6,932
down €6,932 (-30.9%), from €22,421 to €15,489
- Tangible fixed assets +€4,197
up €4,197, from €0 to €4,197
- Trade debts +€88,559
up €88,559 (+406.3%), from €21,795 to €110,355
- Advances received +€60,426
up €60,426 (+210.3%), from €28,730 to €89,156
- Gross operating margin -€11,148
down €11,148 (-13.0%), from €85,560 to €74,413
- Other operating charges -€8,622
down €8,622 (-82.3%), from €10,481 to €1,859
- Taxes -€5,004
down €5,004 (-78.2%), from €6,395 to €1,391
- Financial charges +€4,615
up €4,615 (+36.7%), from €12,587 to €17,201
- Financial income +€1,139
up €1,139 (+576.1%), from €198 to €1,336
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.
Cash bridge derived
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 | €111,365 | €258,096 | +€146,732 | +131.8% |
| Fixed assets | 21/28 | €0 | €4,197 | +€4,197 | |
| Tangible fixed assets | 22/27 | €0 | €4,197 | +€4,197 | |
| Furniture and vehicles | 24 | €0 | €4,197 | +€4,197 | |
| Current assets | 29/58 | €111,365 | €253,899 | +€142,534 | +128.0% |
| Amounts receivable after more than one year | 29 | €7,500 | €0 | -€7,500 | -100.0% |
| Other amounts receivable | 291 | €7,500 | €0 | -€7,500 | -100.0% |
| Stocks and contracts in progress | 3 | €22,421 | €15,489 | -€6,932 | -30.9% |
| Stocks | 30/36 | €22,421 | €15,489 | -€6,932 | -30.9% |
| Amounts receivable within one year | 40/41 | €57,374 | €184,352 | +€126,978 | +221.3% |
| Trade receivables | 40 | €52,740 | €95,538 | +€42,798 | +81.2% |
| Other amounts receivable | 41 | €4,634 | €88,814 | +€84,180 | +1816.6% |
| Cash at bank and in hand | 54/58 | €17,699 | €48,799 | +€31,100 | +175.7% |
| Deferred charges and accrued income | 490/1 | €6,371 | €5,259 | -€1,112 | -17.5% |
| Total equity and liabilities | 10/49 | €111,365 | €258,096 | +€146,732 | +131.8% |
| Equity | 10/15 | €39,587 | €39,587 | -€0 | 0.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,587 | €29,587 | -€0 | 0.0% |
| Amounts payable | 17/49 | €71,778 | €218,510 | +€146,732 | +204.4% |
| Amounts payable within one year | 42/48 | €71,778 | €218,510 | +€146,732 | +204.4% |
| Trade debts | 44 | €21,795 | €110,355 | +€88,559 | +406.3% |
| Suppliers | 440/4 | €21,795 | €110,355 | +€88,559 | +406.3% |
| Advances received on contracts in progress | 46 | €28,730 | €89,156 | +€60,426 | +210.3% |
| Taxes, remuneration and social security | 45 | €21,253 | €19,000 | -€2,254 | -10.6% |
| Taxes | 450/3 | €8,258 | €7,846 | -€412 | -5.0% |
| Remuneration and social security | 454/9 | €12,995 | €11,154 | -€1,841 | -14.2% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €54,259 | €54,423 | +€164 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €875 | +€875 | |
| Other operating charges | 640/8 | €10,481 | €1,859 | -€8,622 | -82.3% |
| Gross operating margin | 9900 | €85,560 | €74,413 | -€11,148 | -13.0% |
| Operating profit (loss) | 9901 | €20,821 | €17,256 | -€3,565 | -17.1% |
| Financial income | 75/76B | €198 | €1,336 | +€1,139 | +576.1% |
| Recurring financial income | 75 | €198 | €1,336 | +€1,139 | +576.1% |
| Financial charges | 65/66B | €12,587 | €17,201 | +€4,615 | +36.7% |
| Recurring financial charges | 65 | €12,587 | €17,201 | +€4,615 | +36.7% |
| Profit (loss) for the period before taxes | 9903 | €8,432 | €1,391 | -€7,041 | -83.5% |
| Income taxes | 67/77 | €6,395 | €1,391 | -€5,004 | -78.2% |
| Profit (loss) for the period | 9904 | €2,036 | -€0 | -€2,036 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,036 | -€0 | -€2,036 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.