GLOBE ACCOUNT: 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 ACCOUNT
Largest movements
- Receivables within one year +€12,591
up €12,591 (+88.5%), from €14,223 to €26,814
of which Other amounts receivable: +€8,890
- Cash +€10,690
up €10,690 (+9.7%), from €109,748 to €120,438
mainly Other debts (+€143,991) and Net result for the year (+€75,025)
- Tangible fixed assets +€6,415
up €6,415 (+2.6%), from €245,230 to €251,645
of which Plant, machinery and equipment: +€20,263
- Other debts +€143,991
up €143,991 (+140%), from €102,760 to €246,751
- Reserves -€124,195
down €124,195 (-36.4%), from €341,100 to €216,905
- Tax, wage and social debts +€11,230
up €11,230 (+70.5%), from €15,923 to €27,153
of which Taxes: +€9,036
- Financial charges +€18,664
up €18,664 (+42.1%), from €44,321 to €62,985
of which Financial charges: +€19,670
- Gross operating margin +€8,360
up €8,360 (+4.9%), from €170,438 to €178,798
- Taxes -€5,746
down €5,746 (-17.4%), from €33,021 to €27,274
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 | €594,201 | €623,897 | +€29,696 | +5.0% |
| Fixed assets | 21/28 | €245,230 | €251,645 | +€6,415 | +2.6% |
| Tangible fixed assets | 22/27 | €245,230 | €251,645 | +€6,415 | +2.6% |
| Land and buildings | 22 | €244,925 | €231,077 | -€13,848 | -5.7% |
| Plant, machinery and equipment | 23 | €305 | €20,568 | +€20,263 | +6,636% |
| Current assets | 29/58 | €348,971 | €372,252 | +€23,281 | +6.7% |
| Amounts receivable within one year | 40/41 | €14,223 | €26,814 | +€12,591 | +88.5% |
| Trade receivables | 40 | €12,735 | €16,436 | +€3,701 | +29.1% |
| Other amounts receivable | 41 | €1,487 | €10,378 | +€8,890 | +598% |
| Current investments | 50/53 | €225,000 | €225,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €109,748 | €120,438 | +€10,690 | +9.7% |
| Total equity and liabilities | 10/49 | €594,201 | €623,897 | +€29,696 | +5.0% |
| Equity | 10/15 | €466,719 | €342,524 | -€124,195 | -26.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €341,100 | €216,905 | -€124,195 | -36.4% |
| Distributable reserves | 133 | €341,100 | €216,905 | -€124,195 | -36.4% |
| Profit (loss) carried forward | 14 | €107,018 | €107,018 | = | 0.0% |
| Amounts payable | 17/49 | €127,482 | €281,374 | +€153,891 | +121% |
| Amounts payable within one year | 42/48 | €127,482 | €281,374 | +€153,891 | +121% |
| Trade debts | 44 | €8,799 | €7,469 | -€1,330 | -15.1% |
| Suppliers | 440/4 | €8,799 | €7,469 | -€1,330 | -15.1% |
| Taxes, remuneration and social security | 45 | €15,923 | €27,153 | +€11,230 | +70.5% |
| Taxes | 450/3 | €15,923 | €24,959 | +€9,036 | +56.7% |
| Remuneration and social security | 454/9 | - | €2,195 | +€2,195 | |
| Other amounts payable | 47/48 | €102,760 | €246,751 | +€143,991 | +140% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,304 | €14,816 | +€512 | +3.6% |
| Other operating charges | 640/8 | €2,687 | €2,581 | -€106 | -3.9% |
| Gross operating margin | 9900 | €170,438 | €178,798 | +€8,360 | +4.9% |
| Operating profit (loss) | 9901 | €153,448 | €161,401 | +€7,954 | +5.2% |
| Financial income | 75/76B | €5,101 | €3,883 | -€1,218 | -23.9% |
| Recurring financial income | 75 | €5,101 | €3,883 | -€1,218 | -23.9% |
| Financial charges | 65/66B | €44,321 | €62,985 | +€18,664 | +42.1% |
| Recurring financial charges | 65 | €43,315 | €62,985 | +€19,670 | +45.4% |
| Non-recurring financial charges | 66B | €1,006 | €0 | -€1,006 | -100% |
| Profit (loss) for the period before taxes | 9903 | €114,227 | €102,299 | -€11,928 | -10.4% |
| Income taxes | 67/77 | €33,021 | €27,274 | -€5,746 | -17.4% |
| Profit (loss) for the period | 9904 | €81,207 | €75,025 | -€6,182 | -7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €81,207 | €75,025 | -€6,182 | -7.6% |
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 19 October 2026 via checked.be.