GLOBE E.D.: 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.
GLOBE E.D.
Largest movements
- Receivables within one year -€13,044
down €13,044 (-36.0%), from €36,244 to €23,201
of which Other amounts receivable: -€7,383
- Tangible fixed assets -€4,649
down €4,649 (-2.1%), from €218,171 to €213,522
of which Land and buildings: -€7,842
- Deferred charges and accrued income -€4,067
down €4,067 (-42.2%), from €9,640 to €5,573
- Other debts -€42,350
down €42,350 (-100.0%), from €42,350 to €0
- Reserves +€22,576
up €22,576 (+58.3%), from €38,755 to €61,331
of which Distributable reserves: +€22,576
- Accrued charges and deferred income +€4,948
up €4,948 (+1287.0%), from €384 to €5,332
- Current portion of long-term debt -€4,550
down €4,550 (-100.0%), from €4,550 to €0
- Gross operating margin -€25,273
down €25,273 (-35.3%), from €71,676 to €46,403
- Taxes +€5,854
up €5,854 (+260.0%), from €2,251 to €8,105
- Financial charges -€2,661
down €2,661 (-89.2%), from €2,983 to €322
- Write-downs +€1,797
new in 2024: €1,797
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €264,165 | €242,514 | -€21,651 | -8.2% |
| Fixed assets | 21/28 | €218,171 | €213,522 | -€4,649 | -2.1% |
| Tangible fixed assets | 22/27 | €218,171 | €213,522 | -€4,649 | -2.1% |
| Land and buildings | 22 | €215,869 | €208,027 | -€7,842 | -3.6% |
| Plant, machinery and equipment | 23 | €2,302 | €5,495 | +€3,193 | +138.7% |
| Current assets | 29/58 | €45,993 | €28,992 | -€17,002 | -37.0% |
| Amounts receivable within one year | 40/41 | €36,244 | €23,201 | -€13,044 | -36.0% |
| Trade receivables | 40 | €27,265 | €21,604 | -€5,661 | -20.8% |
| Other amounts receivable | 41 | €8,979 | €1,596 | -€7,383 | -82.2% |
| Cash at bank and in hand | 54/58 | €109 | €218 | +€109 | +100.3% |
| Deferred charges and accrued income | 490/1 | €9,640 | €5,573 | -€4,067 | -42.2% |
| Total equity and liabilities | 10/49 | €264,165 | €242,514 | -€21,651 | -8.2% |
| Equity | 10/15 | €194,422 | €216,998 | +€22,576 | +11.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €93,667 | €93,667 | = | 0.0% |
| Reserves | 13 | €38,755 | €61,331 | +€22,576 | +58.3% |
| Non-distributable reserves | 130/1 | €5,302 | €5,302 | = | 0.0% |
| Legal reserve | 130 | €5,302 | €5,302 | = | 0.0% |
| Distributable reserves | 133 | €33,453 | €56,029 | +€22,576 | +67.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €69,742 | €25,516 | -€44,226 | -63.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €69,358 | €20,184 | -€49,174 | -70.9% |
| Current portion of amounts payable after more than one year | 42 | €4,550 | €0 | -€4,550 | -100.0% |
| Trade debts | 44 | €14,507 | €12,079 | -€2,428 | -16.7% |
| Suppliers | 440/4 | €14,507 | €12,079 | -€2,428 | -16.7% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €7,952 | €8,105 | +€153 | +1.9% |
| Taxes | 450/3 | €7,952 | €8,105 | +€153 | +1.9% |
| Other amounts payable | 47/48 | €42,350 | €0 | -€42,350 | -100.0% |
| Accrued charges and deferred income | 492/3 | €384 | €5,332 | +€4,948 | +1287.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,520 | €8,541 | +€20 | +0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,797 | +€1,797 | |
| Other operating charges | 640/8 | €5,108 | €5,063 | -€46 | -0.9% |
| Gross operating margin | 9900 | €71,676 | €46,403 | -€25,273 | -35.3% |
| Operating profit (loss) | 9901 | €58,047 | €31,003 | -€27,044 | -46.6% |
| Financial charges | 65/66B | €2,983 | €322 | -€2,661 | -89.2% |
| Recurring financial charges | 65 | €2,983 | €322 | -€2,661 | -89.2% |
| Profit (loss) for the period before taxes | 9903 | €55,064 | €30,680 | -€24,383 | -44.3% |
| Income taxes | 67/77 | €2,251 | €8,105 | +€5,854 | +260.0% |
| Profit (loss) for the period | 9904 | €52,812 | €22,576 | -€30,237 | -57.3% |
| Profit (loss) for the period to be appropriated | 9905 | €52,812 | €22,576 | -€30,237 | -57.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.