Globalize Solidarity: 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.
Globalize Solidarity
Largest movements
- Current assets -€25,027
down €25,027 (-15.0%), from €166,892 to €141,865
of which Cash: -€25,198
- Debts -€19,476
down €19,476 (-48.7%), from €40,004 to €20,528
- Equity -€5,551
down €5,551 (-4.4%), from €126,888 to €121,337
- Gross operating margin -€10,282
down €10,282 (-7.1%), from €143,811 to €133,529
- Turnover -€8,766
down €8,766 (-45.0%), from €19,475 to €10,708
From the 2018 result to the 2019 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2018 | 2019 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €166,892 | €141,865 | -€25,027 | -15.0% |
| Current assets | 29/58 | €166,892 | €141,865 | -€25,027 | -15.0% |
| Amounts receivable within one year | 40/41 | €33,517 | €29,687 | -€3,830 | -11.4% |
| Cash at bank and in hand | 54/58 | €133,375 | €108,178 | -€25,198 | -18.9% |
| Total equity and liabilities | 10/49 | €166,892 | €141,865 | -€25,027 | -15.0% |
| Equity | 10/15 | €126,888 | €121,337 | -€5,551 | -4.4% |
| Profit (loss) carried forward | 14 | €42,617 | €37,065 | -€5,551 | -13.0% |
| Amounts payable | 17/49 | €40,004 | €20,528 | -€19,476 | -48.7% |
| Amounts payable within one year | 42/48 | €23,587 | €20,528 | -€3,059 | -13.0% |
| Trade debts | 44 | €1,737 | €990 | -€747 | -43.0% |
| Turnover | 70 | €19,475 | €10,708 | -€8,766 | -45.0% |
| Gross operating margin | 9900 | €143,811 | €133,529 | -€10,282 | -7.1% |
| Operating profit (loss) | 9901 | €4,159 | -€4,866 | -€9,025 | |
| Recurring financial income | 75 | €3 | €1 | -€3 | -79.4% |
| Recurring financial charges | 65 | €632 | €686 | +€54 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | €3,530 | -€5,551 | -€9,081 | |
| Profit (loss) for the period | 9904 | €3,530 | -€5,551 | -€9,081 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,530 | -€5,551 | -€9,081 |
Source: filed annual accounts (NBB), financial years ended 31 December 2018 and 31 December 2019. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.