GLOBTECHNIC: 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.
GLOBTECHNIC
Largest movements
- Tangible fixed assets +€195,345
up €195,345 (+95.0%), from €205,687 to €401,032
of which Land and buildings: +€202,134
- Receivables within one year +€8,301
up €8,301 (+14.4%), from €57,621 to €65,922
of which Other amounts receivable: +€11,246
- Cash -€7,532
down €7,532 (-21.1%), from €35,684 to €28,151
mainly Investment in fixed assets (net) (-€255,528) and Contributions, distributions and other (-€107,034)
- Debts after one year +€185,117
new in 2025: €185,117
- Profit (loss) carried forward -€107,034
down €107,034 (-100.0%), from €107,034 to €0
- Other debts +€75,941
up €75,941 (+74.3%), from €102,264 to €178,205
- Reserves +€38,232
up €38,232 (+70.8%), from €54,000 to €92,232
- Current portion of long-term debt +€10,072
new in 2025: €10,072
- Depreciation +€40,540
up €40,540 (+206.4%), from €19,643 to €60,183
- Gross operating margin +€20,375
up €20,375 (+20.5%), from €99,253 to €119,627
- Taxes -€6,467
down €6,467 (-29.1%), from €22,222 to €15,754
- Financial charges +€3,373
up €3,373 (+531.7%), from €635 to €4,008
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.
Cash bridge derived
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 | €300,318 | €496,250 | +€195,932 | +65.2% |
| Fixed assets | 21/28 | €205,768 | €401,113 | +€195,345 | +94.9% |
| Tangible fixed assets | 22/27 | €205,687 | €401,032 | +€195,345 | +95.0% |
| Land and buildings | 22 | €180,726 | €382,860 | +€202,134 | +111.8% |
| Plant, machinery and equipment | 23 | €7,564 | €6,720 | -€844 | -11.2% |
| Furniture and vehicles | 24 | €14,096 | €9,777 | -€4,319 | -30.6% |
| Other tangible fixed assets | 26 | €3,301 | €1,675 | -€1,626 | -49.3% |
| Financial fixed assets | 28 | €81 | €81 | = | 0.0% |
| Current assets | 29/58 | €94,550 | €95,137 | +€587 | +0.6% |
| Amounts receivable within one year | 40/41 | €57,621 | €65,922 | +€8,301 | +14.4% |
| Trade receivables | 40 | €51,843 | €48,897 | -€2,945 | -5.7% |
| Other amounts receivable | 41 | €5,778 | €17,024 | +€11,246 | +194.6% |
| Cash at bank and in hand | 54/58 | €35,684 | €28,151 | -€7,532 | -21.1% |
| Deferred charges and accrued income | 490/1 | €1,246 | €1,065 | -€181 | -14.5% |
| Total equity and liabilities | 10/49 | €300,318 | €496,250 | +€195,932 | +65.2% |
| Equity | 10/15 | €164,034 | €95,232 | -€68,802 | -41.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €54,000 | €92,232 | +€38,232 | +70.8% |
| Distributable reserves | 133 | €54,000 | €92,232 | +€38,232 | +70.8% |
| Profit (loss) carried forward | 14 | €107,034 | €0 | -€107,034 | -100.0% |
| Amounts payable | 17/49 | €136,284 | €401,018 | +€264,734 | +194.3% |
| Amounts payable after more than one year | 17 | - | €185,117 | +€185,117 | |
| Financial debts | 170/4 | - | €185,117 | +€185,117 | |
| Amounts payable within one year | 42/48 | €135,504 | €215,122 | +€79,618 | +58.8% |
| Current portion of amounts payable after more than one year | 42 | - | €10,072 | +€10,072 | |
| Taxes, remuneration and social security | 45 | €33,240 | €26,845 | -€6,395 | -19.2% |
| Taxes | 450/3 | €33,240 | €26,845 | -€6,395 | -19.2% |
| Other amounts payable | 47/48 | €102,264 | €178,205 | +€75,941 | +74.3% |
| Accrued charges and deferred income | 492/3 | €780 | €780 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,643 | €60,183 | +€40,540 | +206.4% |
| Other operating charges | 640/8 | €2,462 | €1,450 | -€1,012 | -41.1% |
| Gross operating margin | 9900 | €99,253 | €119,627 | +€20,375 | +20.5% |
| Operating profit (loss) | 9901 | €77,148 | €57,994 | -€19,153 | -24.8% |
| Financial income | 75/76B | €31 | - | -€31 | |
| Recurring financial income | 75 | €31 | - | -€31 | |
| Financial charges | 65/66B | €635 | €4,008 | +€3,373 | +531.7% |
| Recurring financial charges | 65 | €635 | €4,008 | +€3,373 | +531.7% |
| Profit (loss) for the period before taxes | 9903 | €76,544 | €53,986 | -€22,558 | -29.5% |
| Income taxes | 67/77 | €22,222 | €15,754 | -€6,467 | -29.1% |
| Profit (loss) for the period | 9904 | €54,322 | €38,232 | -€16,090 | -29.6% |
| Profit (loss) for the period to be appropriated | 9905 | €54,322 | €38,232 | -€16,090 | -29.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.