Globelge: 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.
Globelge
Largest movements
- Receivables within one year +€36,074
up €36,074 (+24.7%), from €146,283 to €182,357
of which Other amounts receivable: +€61,152
- Current investments -€31,561
down €31,561 (-70.0%), from €45,068 to €13,507
- Cash -€30,894
down €30,894 (-64.4%), from €47,941 to €17,047
mainly Receivables within one year (-€36,074) and Trade debts (-€19,709)
- Tangible fixed assets -€18,716
down €18,716 (-25.0%), from €74,957 to €56,241
of which Furniture and vehicles: -€19,186
- Trade debts -€19,709
down €19,709 (-88.5%), from €22,280 to €2,570
- Debts after one year -€16,098
down €16,098 (-69.9%), from €23,037 to €6,938
- Reserves +€12,999
up €12,999 (+5.9%), from €219,787 to €232,785
- Tax, wage and social debts -€12,668
down €12,668 (-57.3%), from €22,098 to €9,430
of which Taxes: -€10,280
- Other debts -€10,861
no longer reported in 2025 (was €10,861)
- Gross operating margin -€32,109
down €32,109 (-41.0%), from €78,236 to €46,127
- Taxes -€10,618
down €10,618 (-53.9%), from €19,710 to €9,092
- Financial charges -€3,493
down €3,493 (-67.8%), from €5,151 to €1,658
- Depreciation +€3,446
up €3,446 (+18.6%), from €18,560 to €22,007
- Financial income +€2,023
up €2,023 (+289%), from €700 to €2,723
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 | €319,116 | €273,531 | -€45,585 | -14.3% |
| Fixed assets | 21/28 | €77,995 | €59,279 | -€18,716 | -24.0% |
| Tangible fixed assets | 22/27 | €74,957 | €56,241 | -€18,716 | -25.0% |
| Plant, machinery and equipment | 23 | €1,397 | €1,866 | +€469 | +33.6% |
| Furniture and vehicles | 24 | €73,560 | €54,375 | -€19,186 | -26.1% |
| Financial fixed assets | 28 | €3,038 | €3,038 | = | 0.0% |
| Current assets | 29/58 | €241,121 | €214,253 | -€26,869 | -11.1% |
| Amounts receivable within one year | 40/41 | €146,283 | €182,357 | +€36,074 | +24.7% |
| Trade receivables | 40 | €86,979 | €61,901 | -€25,079 | -28.8% |
| Other amounts receivable | 41 | €59,304 | €120,456 | +€61,152 | +103% |
| Current investments | 50/53 | €45,068 | €13,507 | -€31,561 | -70.0% |
| Cash at bank and in hand | 54/58 | €47,941 | €17,047 | -€30,894 | -64.4% |
| Deferred charges and accrued income | 490/1 | €1,830 | €1,342 | -€488 | -26.6% |
| Total equity and liabilities | 10/49 | €319,116 | €273,531 | -€45,585 | -14.3% |
| Equity | 10/15 | €225,495 | €238,494 | +€12,999 | +5.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €219,787 | €232,785 | +€12,999 | +5.9% |
| Distributable reserves | 133 | €219,787 | €232,785 | +€12,999 | +5.9% |
| Profit (loss) carried forward | 14 | -€291 | -€291 | = | 0.0% |
| Amounts payable | 17/49 | €93,621 | €35,037 | -€58,584 | -62.6% |
| Amounts payable after more than one year | 17 | €23,037 | €6,938 | -€16,098 | -69.9% |
| Financial debts | 170/4 | €23,037 | €6,938 | -€16,098 | -69.9% |
| Amounts payable within one year | 42/48 | €70,584 | €28,099 | -€42,485 | -60.2% |
| Current portion of amounts payable after more than one year | 42 | €15,345 | €16,098 | +€753 | +4.9% |
| Trade debts | 44 | €22,280 | €2,570 | -€19,709 | -88.5% |
| Suppliers | 440/4 | €22,280 | €2,570 | -€19,709 | -88.5% |
| Taxes, remuneration and social security | 45 | €22,098 | €9,430 | -€12,668 | -57.3% |
| Taxes | 450/3 | €19,710 | €9,430 | -€10,280 | -52.2% |
| Remuneration and social security | 454/9 | €2,388 | - | -€2,388 | |
| Other amounts payable | 47/48 | €10,861 | - | -€10,861 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,560 | €22,007 | +€3,446 | +18.6% |
| Other operating charges | 640/8 | €1,879 | €3,095 | +€1,216 | +64.7% |
| Gross operating margin | 9900 | €78,236 | €46,127 | -€32,109 | -41.0% |
| Operating profit (loss) | 9901 | €57,797 | €21,026 | -€36,771 | -63.6% |
| Financial income | 75/76B | €700 | €2,723 | +€2,023 | +289% |
| Recurring financial income | 75 | €700 | €2,723 | +€2,023 | +289% |
| Financial charges | 65/66B | €5,151 | €1,658 | -€3,493 | -67.8% |
| Recurring financial charges | 65 | €5,151 | €1,658 | -€3,493 | -67.8% |
| Profit (loss) for the period before taxes | 9903 | €53,346 | €22,090 | -€31,256 | -58.6% |
| Income taxes | 67/77 | €19,710 | €9,092 | -€10,618 | -53.9% |
| Profit (loss) for the period | 9904 | €33,636 | €12,999 | -€20,637 | -61.4% |
| Profit (loss) for the period to be appropriated | 9905 | €33,636 | €12,999 | -€20,637 | -61.4% |
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 18 October 2026 via checked.be.