GLOBETROTTER: 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.
GLOBETROTTER
Largest movements
- Cash -€6,256
down €6,256 (-68.4%), from €9,149 to €2,894
mainly Net result for the year (-€16,920) and Accrued charges and deferred income (-€1,420)
- Deferred charges and accrued income -€2,231
no longer reported in 2025 (was €2,231)
- Stocks and contracts -€395
down €395 (-2.7%), from €14,881 to €14,487
- Profit (loss) carried forward -€16,920
down €16,920 (-6.0%), from -€281,107 to -€298,027
- Other debts +€8,946
up €8,946 (+3.1%), from €285,935 to €294,882
- Accrued charges and deferred income -€1,420
no longer reported in 2025 (was €1,420)
- Trade debts +€741
new in 2025: €741
- Gross operating margin +€9,942
up €9,942 (+37.9%), from -€26,245 to -€16,303
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 | €26,699 | €18,047 | -€8,653 | -32.4% |
| Current assets | 29/58 | €26,699 | €18,047 | -€8,653 | -32.4% |
| Stocks and contracts in progress | 3 | €14,881 | €14,487 | -€395 | -2.7% |
| Stocks | 30/36 | €14,881 | €14,487 | -€395 | -2.7% |
| Amounts receivable within one year | 40/41 | €438 | €666 | +€229 | +52.3% |
| Trade receivables | 40 | €88 | - | -€88 | |
| Other amounts receivable | 41 | €349 | €666 | +€317 | +90.8% |
| Cash at bank and in hand | 54/58 | €9,149 | €2,894 | -€6,256 | -68.4% |
| Deferred charges and accrued income | 490/1 | €2,231 | - | -€2,231 | |
| Total equity and liabilities | 10/49 | €26,699 | €18,047 | -€8,653 | -32.4% |
| Equity | 10/15 | -€260,656 | -€277,576 | -€16,920 | -6.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€281,107 | -€298,027 | -€16,920 | -6.0% |
| Amounts payable | 17/49 | €287,355 | €295,623 | +€8,267 | +2.9% |
| Amounts payable within one year | 42/48 | €285,935 | €295,623 | +€9,687 | +3.4% |
| Trade debts | 44 | - | €741 | +€741 | |
| Suppliers | 440/4 | - | €741 | +€741 | |
| Other amounts payable | 47/48 | €285,935 | €294,882 | +€8,946 | +3.1% |
| Accrued charges and deferred income | 492/3 | €1,420 | - | -€1,420 | |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€26,245 | -€16,303 | +€9,942 | +37.9% |
| Operating profit (loss) | 9901 | -€26,751 | -€16,823 | +€9,928 | +37.1% |
| Financial income | 75/76B | €66 | €43 | -€23 | -35.5% |
| Recurring financial income | 75 | €66 | €43 | -€23 | -35.5% |
| Financial charges | 65/66B | €193 | €127 | -€66 | -34.1% |
| Recurring financial charges | 65 | €193 | €127 | -€66 | -34.1% |
| Profit (loss) for the period before taxes | 9903 | -€26,877 | -€16,907 | +€9,970 | +37.1% |
| Income taxes | 67/77 | €20 | €13 | -€7 | -35.5% |
| Profit (loss) for the period | 9904 | -€26,897 | -€16,920 | +€9,977 | +37.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,897 | -€16,920 | +€9,977 | +37.1% |
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 31 October 2026 via checked.be.