GLOBELINK: 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.
GLOBELINK
Largest movements
- Current investments +€90,643
new in 2025: €90,643
- Cash -€67,983
down €67,983 (-35.4%), from €191,861 to €123,878
mainly Current investments (-€90,643) and Accrued charges and deferred income (-€10,667)
- Receivables within one year -€13,261
down €13,261 (-16.2%), from €81,917 to €68,656
of which Trade receivables: -€15,012
- Tax, wage and social debts +€12,243
up €12,243 (+30.2%), from €40,514 to €52,757
of which Taxes: +€6,426
- Accrued charges and deferred income -€10,667
down €10,667 (-26.5%), from €40,206 to €29,540
- Profit (loss) carried forward +€8,108
up €8,108 (+6.4%), from €127,243 to €135,350
- Gross operating margin -€26,713
down €26,713 (-5.4%), from €491,089 to €464,376
- Staff costs -€18,982
down €18,982 (-4.0%), from €473,380 to €454,398
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 | €293,300 | €305,121 | +€11,821 | +4.0% |
| Fixed assets | 21/28 | €16,196 | €18,618 | +€2,422 | +15.0% |
| Tangible fixed assets | 22/27 | €1,052 | €1,718 | +€666 | +63.3% |
| Plant, machinery and equipment | 23 | €1,052 | €1,718 | +€666 | +63.3% |
| Financial fixed assets | 28 | €15,144 | €16,900 | +€1,756 | +11.6% |
| Current assets | 29/58 | €277,104 | €286,503 | +€9,399 | +3.4% |
| Amounts receivable within one year | 40/41 | €81,917 | €68,656 | -€13,261 | -16.2% |
| Trade receivables | 40 | €32,499 | €17,488 | -€15,012 | -46.2% |
| Other amounts receivable | 41 | €49,418 | €51,168 | +€1,750 | +3.5% |
| Current investments | 50/53 | - | €90,643 | +€90,643 | |
| Cash at bank and in hand | 54/58 | €191,861 | €123,878 | -€67,983 | -35.4% |
| Deferred charges and accrued income | 490/1 | €3,326 | €3,326 | = | 0.0% |
| Total equity and liabilities | 10/49 | €293,300 | €305,121 | +€11,821 | +4.0% |
| Equity | 10/15 | €206,460 | €214,568 | +€8,108 | +3.9% |
| Contributions | 10/11 | €79,218 | €79,218 | = | 0.0% |
| Capital | 10 | €79,218 | €79,218 | = | 0.0% |
| Profit (loss) carried forward | 14 | €127,243 | €135,350 | +€8,108 | +6.4% |
| Amounts payable | 17/49 | €86,840 | €90,553 | +€3,713 | +4.3% |
| Amounts payable within one year | 42/48 | €46,634 | €61,014 | +€14,380 | +30.8% |
| Trade debts | 44 | €6,120 | €8,257 | +€2,137 | +34.9% |
| Suppliers | 440/4 | €6,120 | €8,257 | +€2,137 | +34.9% |
| Taxes, remuneration and social security | 45 | €40,514 | €52,757 | +€12,243 | +30.2% |
| Taxes | 450/3 | €154 | €6,579 | +€6,426 | +4,181% |
| Remuneration and social security | 454/9 | €40,360 | €46,177 | +€5,817 | +14.4% |
| Accrued charges and deferred income | 492/3 | €40,206 | €29,540 | -€10,667 | -26.5% |
| Remuneration, social security and pensions | 62 | €473,380 | €454,398 | -€18,982 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,280 | €1,261 | -€19 | -1.5% |
| Other operating charges | 640/8 | - | €848 | +€848 | |
| Non-recurring operating charges | 66A | €7,751 | - | -€7,751 | |
| Gross operating margin | 9900 | €491,089 | €464,376 | -€26,713 | -5.4% |
| Operating profit (loss) | 9901 | €8,678 | €7,868 | -€809 | -9.3% |
| Financial income | 75/76B | €675 | €598 | -€77 | -11.4% |
| Recurring financial income | 75 | €675 | €598 | -€77 | -11.4% |
| Financial charges | 65/66B | €140 | €359 | +€218 | +155% |
| Recurring financial charges | 65 | €140 | €359 | +€218 | +155% |
| Profit (loss) for the period before taxes | 9903 | €9,212 | €8,108 | -€1,105 | -12.0% |
| Profit (loss) for the period | 9904 | €9,212 | €8,108 | -€1,105 | -12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,212 | €8,108 | -€1,105 | -12.0% |
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 1 November 2026 via checked.be.