GLOBINVEST: 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.
GLOBINVEST
Largest movements
- Receivables within one year -€5,935
down €5,935 (-19.3%), from €30,793 to €24,858
of which Trade receivables: -€26,890
- Cash -€1,967
down €1,967 (-95.5%), from €2,060 to €93
mainly Other debts (-€19,757) and Current portion of long-term debt (-€2,545)
- Deferred charges and accrued income -€1,514
no longer reported in 2025 (was €1,514)
- Other debts -€19,757
down €19,757 (-18.4%), from €107,174 to €87,416
- Profit (loss) carried forward +€15,024
up €15,024 (+16.4%), from -€91,589 to -€76,565
- Current portion of long-term debt -€2,545
no longer reported in 2025 (was €2,545)
- Trade debts -€2,404
no longer reported in 2025 (was €2,404)
- Taxes -€18,800
new in 2025: -€18,800
- Staff costs -€13,174
down €13,174 (-99.7%), from €13,209 to €35
- Gross operating margin +€11,695
up €11,695 (+80.6%), from -€14,504 to -€2,809
- Financial charges -€1,479
down €1,479 (-73.3%), from €2,017 to €538
- Depreciation -€335
down €335 (-55.8%), from €601 to €265
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 | €34,633 | €24,951 | -€9,682 | -28.0% |
| Fixed assets | 21/28 | €265 | - | -€265 | |
| Tangible fixed assets | 22/27 | €265 | - | -€265 | |
| Plant, machinery and equipment | 23 | €265 | - | -€265 | |
| Current assets | 29/58 | €34,368 | €24,951 | -€9,417 | -27.4% |
| Amounts receivable within one year | 40/41 | €30,793 | €24,858 | -€5,935 | -19.3% |
| Trade receivables | 40 | €27,290 | €400 | -€26,890 | -98.5% |
| Other amounts receivable | 41 | €3,504 | €24,458 | +€20,955 | +598% |
| Cash at bank and in hand | 54/58 | €2,060 | €93 | -€1,967 | -95.5% |
| Deferred charges and accrued income | 490/1 | €1,514 | - | -€1,514 | |
| Total equity and liabilities | 10/49 | €34,633 | €24,951 | -€9,682 | -28.0% |
| Equity | 10/15 | -€77,489 | -€62,465 | +€15,024 | +19.4% |
| Contributions | 10/11 | €14,100 | €14,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,589 | -€76,565 | +€15,024 | +16.4% |
| Amounts payable | 17/49 | €112,122 | €87,416 | -€24,706 | -22.0% |
| Amounts payable within one year | 42/48 | €112,122 | €87,416 | -€24,706 | -22.0% |
| Current portion of amounts payable after more than one year | 42 | €2,545 | - | -€2,545 | |
| Trade debts | 44 | €2,404 | - | -€2,404 | |
| Suppliers | 440/4 | €2,404 | - | -€2,404 | |
| Other amounts payable | 47/48 | €107,174 | €87,416 | -€19,757 | -18.4% |
| Remuneration, social security and pensions | 62 | €13,209 | €35 | -€13,174 | -99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €601 | €265 | -€335 | -55.8% |
| Other operating charges | 640/8 | €289 | €58 | -€231 | -80.0% |
| Non-recurring operating charges | 66A | €196 | €151 | -€45 | -23.0% |
| Gross operating margin | 9900 | -€14,504 | -€2,809 | +€11,695 | +80.6% |
| Operating profit (loss) | 9901 | -€28,798 | -€3,319 | +€25,479 | +88.5% |
| Financial income | 75/76B | €88 | €80 | -€8 | -8.7% |
| Recurring financial income | 75 | €88 | €80 | -€8 | -8.7% |
| Financial charges | 65/66B | €2,017 | €538 | -€1,479 | -73.3% |
| Recurring financial charges | 65 | €2,017 | €538 | -€1,479 | -73.3% |
| Profit (loss) for the period before taxes | 9903 | -€30,727 | -€3,776 | +€26,951 | +87.7% |
| Income taxes | 67/77 | - | -€18,800 | -€18,800 | |
| Profit (loss) for the period | 9904 | -€30,727 | €15,024 | +€45,751 | |
| Profit (loss) for the period to be appropriated | 9905 | -€30,727 | €15,024 | +€45,751 |
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 21 October 2026 via checked.be.