GLOBALUC: 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.
What changed
GLOBALUC
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2.5m
2024 · €13,677+€2.5m
Equity
€20.1m
2024 · €17.5m+€2.5m
Cash
€53,550
2024 · €63,951-€10,402
Balance sheet total
€28.2m
2024 · €28.7m-€544,645
Largest movements
Assets
- Receivables after one year -€364,400
down €364,400 (-10.0%), from €3.6m to €3.3m
Equity and liabilities
- Reserves +€2.5m
up €2.5m (+54.6%), from €4.7m to €7.2m
- Other debts -€2.4m
down €2.4m (-23.3%), from €10.2m to €7.8m
- Current portion of long-term debt -€529,045
down €529,045 (-74.9%), from €706,165 to €177,120
Income statement
- Financial income +€2.5m
up €2.5m (+5412.0%), from €46,143 to €2.5m
- Turnover +€264,400
up €264,400 (+30.0%), from €880,000 to €1.1m
- Services and other goods +€184,703
up €184,703 (+32.2%), from €573,702 to €758,405
- Financial charges +€73,377
up €73,377 (+90.0%), from €81,555 to €154,932
- Staff costs -€36,884
down €36,884 (-14.5%), from €254,281 to €217,397
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.
Result 2024
€13,677
Turnover
+€264,400
Other operating income
+€5,432
Services and other goods
-€184,703
Staff costs
+€36,884
Other operating charges
-€74
Financial income
+€2.5m
Financial charges
-€73,377
Taxes
-€10,522
Result 2025
€2.5m
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.
From operations
+€695,831
Investment
€0
Financing
-€706,232
Cash 2024
€63,951
From operations (derived)
+€695,831
Net result for the year
+€2.5m
Receivables after one year
+€364,400
Receivables within one year
+€175,047
Smaller working-capital items
+€576
Tax, wage and social debts
-€16,709
Other debts
-€2.4m
Financing
-€706,232
Debts after one year
-€177,187
Current portion of long-term debt
-€529,045
Cash 2025
€53,550
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,702,139 | €28,157,494 | -€544,645 | -1.9% |
| Fixed assets | 21/28 | €24,036,142 | €24,036,142 | = | 0.0% |
| Financial fixed assets | 28 | €24,036,142 | €24,036,142 | = | 0.0% |
| Affiliated companies | 280/1 | €24,036,142 | €24,036,142 | = | 0.0% |
| Participating interests | 280 | €24,036,142 | €24,036,142 | = | 0.0% |
| Current assets | 29/58 | €4,665,997 | €4,121,352 | -€544,645 | -11.7% |
| Amounts receivable after more than one year | 29 | €3,642,572 | €3,278,172 | -€364,400 | -10.0% |
| Other amounts receivable | 291 | €3,642,572 | €3,278,172 | -€364,400 | -10.0% |
| Amounts receivable within one year | 40/41 | €959,473 | €784,426 | -€175,047 | -18.2% |
| Trade receivables | 40 | €48,400 | - | -€48,400 | |
| Other amounts receivable | 41 | €911,073 | €784,426 | -€126,647 | -13.9% |
| Cash at bank and in hand | 54/58 | €63,951 | €53,550 | -€10,402 | -16.3% |
| Deferred charges and accrued income | 490/1 | - | €5,204 | +€5,204 | |
| Total equity and liabilities | 10/49 | €28,702,139 | €28,157,494 | -€544,645 | -1.9% |
| Equity | 10/15 | €17,540,041 | €20,089,017 | +€2.5m | +14.5% |
| Contributions | 10/11 | €12,875,245 | €12,875,245 | = | 0.0% |
| Reserves | 13 | €4,664,796 | €7,213,773 | +€2.5m | +54.6% |
| Distributable reserves | 133 | €4,664,796 | €7,213,773 | +€2.5m | +54.6% |
| Amounts payable | 17/49 | €11,162,098 | €8,068,476 | -€3.1m | -27.7% |
| Amounts payable after more than one year | 17 | €177,187 | - | -€177,187 | |
| Financial debts | 170/4 | €177,187 | - | -€177,187 | |
| Credit institutions | 173 | €177,187 | - | -€177,187 | |
| Amounts payable within one year | 42/48 | €10,984,911 | €8,068,476 | -€2.9m | -26.5% |
| Current portion of amounts payable after more than one year | 42 | €706,165 | €177,120 | -€529,045 | -74.9% |
| Trade debts | 44 | €38,790 | €44,570 | +€5,780 | +14.9% |
| Suppliers | 440/4 | €38,790 | €44,570 | +€5,780 | +14.9% |
| Taxes, remuneration and social security | 45 | €53,468 | €36,759 | -€16,709 | -31.3% |
| Taxes | 450/3 | €19,851 | €11,698 | -€8,152 | -41.1% |
| Remuneration and social security | 454/9 | €33,617 | €25,060 | -€8,556 | -25.5% |
| Other amounts payable | 47/48 | €10,186,489 | €7,810,028 | -€2.4m | -23.3% |
| Operating income | 70/76A | €884,105 | €1,153,937 | +€269,832 | +30.5% |
| Turnover | 70 | €880,000 | €1,144,400 | +€264,400 | +30.0% |
| Other operating income | 74 | €4,105 | €9,537 | +€5,432 | +132.3% |
| Operating charges | 60/66A | €828,370 | €976,263 | +€147,893 | +17.9% |
| Services and other goods | 61 | €573,702 | €758,405 | +€184,703 | +32.2% |
| Remuneration, social security and pensions | 62 | €254,281 | €217,397 | -€36,884 | -14.5% |
| Other operating charges | 640/8 | €387 | €462 | +€74 | +19.2% |
| Operating profit (loss) | 9901 | €55,735 | €177,674 | +€121,939 | +218.8% |
| Financial income | 75/76B | €46,143 | €2,543,402 | +€2.5m | +5412.0% |
| Recurring financial income | 75 | €46,143 | €2,543,402 | +€2.5m | +5412.0% |
| Income from financial fixed assets | 750 | - | €2,500,000 | +€2.5m | |
| Income from current assets | 751 | €46,143 | €43,402 | -€2,741 | -5.9% |
| Financial charges | 65/66B | €81,555 | €154,932 | +€73,377 | +90.0% |
| Recurring financial charges | 65 | €81,555 | €154,932 | +€73,377 | +90.0% |
| Debt charges | 650 | €81,292 | €86,320 | +€5,029 | +6.2% |
| Other financial charges | 652/9 | €263 | €68,612 | +€68,348 | +25941.6% |
| Profit (loss) for the period before taxes | 9903 | €20,322 | €2,566,144 | +€2.5m | +12527.3% |
| Income taxes | 67/77 | €6,645 | €17,167 | +€10,522 | +158.3% |
| Taxes | 670/3 | €6,645 | €17,485 | +€10,841 | +163.1% |
| Tax adjustments and reversals of tax provisions | 77 | - | €319 | +€319 | |
| Profit (loss) for the period | 9904 | €13,677 | €2,548,977 | +€2.5m | +18536.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,677 | €2,548,977 | +€2.5m | +18536.5% |
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 30 September 2026 via checked.be.