GLOBE: 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.
GLOBE
Largest movements
- Deferred charges and accrued income +€11,000
up €11,000 (+35,553%), from €31 to €11,031
- Cash -€5,739
down €5,739 (-79.2%), from €7,250 to €1,512
mainly Net result for the year (-€69,540) and Deferred charges and accrued income (-€11,000)
- Receivables within one year +€2,374
up €2,374 (+491%), from €484 to €2,857
of which Trade receivables: +€2,326
- Profit (loss) carried forward -€69,540
down €69,540 (-109%), from -€64,078 to -€133,618
- Other debts +€51,600
up €51,600 (+280%), from €18,400 to €70,000
- Advances received +€14,475
up €14,475 (+1,206%), from €1,200 to €15,675
- Trade debts +€6,652
up €6,652 (+714%), from €932 to €7,584
- Tax, wage and social debts +€4,141
up €4,141 (+34.2%), from €12,102 to €16,243
of which Taxes: +€2,972
- Gross operating margin -€5,430
down €5,430, from €3,576 to -€1,854
- Staff costs +€3,089
up €3,089 (+5.1%), from €60,845 to €63,934
- Other operating charges +€2,859
up €2,859 (+415%), from €689 to €3,548
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 | €7,765 | €15,400 | +€7,635 | +98.3% |
| Current assets | 29/58 | €7,765 | €15,400 | +€7,635 | +98.3% |
| Amounts receivable within one year | 40/41 | €484 | €2,857 | +€2,374 | +491% |
| Trade receivables | 40 | - | €2,326 | +€2,326 | |
| Other amounts receivable | 41 | €484 | €531 | +€47 | +9.8% |
| Cash at bank and in hand | 54/58 | €7,250 | €1,512 | -€5,739 | -79.2% |
| Deferred charges and accrued income | 490/1 | €31 | €11,031 | +€11,000 | +35,553% |
| Total equity and liabilities | 10/49 | €7,765 | €15,400 | +€7,635 | +98.3% |
| Equity | 10/15 | -€26,878 | -€96,418 | -€69,540 | -259% |
| Contributions | 10/11 | €34,100 | €34,100 | = | 0.0% |
| Reserves | 13 | €3,100 | €3,100 | = | 0.0% |
| Distributable reserves | 133 | €3,100 | €3,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,078 | -€133,618 | -€69,540 | -109% |
| Amounts payable | 17/49 | €34,642 | €111,818 | +€77,175 | +223% |
| Amounts payable within one year | 42/48 | €32,634 | €109,502 | +€76,868 | +236% |
| Trade debts | 44 | €932 | €7,584 | +€6,652 | +714% |
| Suppliers | 440/4 | €932 | €7,584 | +€6,652 | +714% |
| Advances received on contracts in progress | 46 | €1,200 | €15,675 | +€14,475 | +1,206% |
| Taxes, remuneration and social security | 45 | €12,102 | €16,243 | +€4,141 | +34.2% |
| Taxes | 450/3 | €2,297 | €5,269 | +€2,972 | +129% |
| Remuneration and social security | 454/9 | €9,805 | €10,974 | +€1,169 | +11.9% |
| Other amounts payable | 47/48 | €18,400 | €70,000 | +€51,600 | +280% |
| Accrued charges and deferred income | 492/3 | €2,008 | €2,316 | +€307 | +15.3% |
| Remuneration, social security and pensions | 62 | €60,845 | €63,934 | +€3,089 | +5.1% |
| Other operating charges | 640/8 | €689 | €3,548 | +€2,859 | +415% |
| Gross operating margin | 9900 | €3,576 | -€1,854 | -€5,430 | |
| Operating profit (loss) | 9901 | -€57,958 | -€69,335 | -€11,377 | -19.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €236 | €205 | -€31 | -13.0% |
| Recurring financial charges | 65 | €236 | €205 | -€31 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | -€58,194 | -€69,540 | -€11,347 | -19.5% |
| Profit (loss) for the period | 9904 | -€58,194 | -€69,540 | -€11,347 | -19.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€58,194 | -€69,540 | -€11,347 | -19.5% |
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 14 October 2026 via checked.be.