GLOBULE BLEU: 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.
What changed
GLOBULE BLEU
NACE 62.100, Computer programming
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€19,464
2024 · €120,955-€101,492
Equity
€2.1m
2024 · €2.1m+€19,464
Cash
€74,873
2024 · €32,110+€42,763
Balance sheet total
€3.5m
2024 · €3.2m+€326,686
Largest movements
Assets
- Tangible fixed assets +€538,089
up €538,089 (+81.1%), from €663,797 to €1.2m
of which Land and buildings: +€485,082
- Current investments -€497,245
down €497,245 (-24.4%), from €2.0m to €1.5m
- Receivables within one year +€206,005
up €206,005 (+57.8%), from €356,556 to €562,561
- Cash +€42,763
up €42,763 (+133%), from €32,110 to €74,873
mainly Current investments (+€497,245) and Debts after one year (+€227,937)
Equity and liabilities
- Debts after one year +€227,937
up €227,937 (+50.2%), from €454,026 to €681,963
- Accrued charges and deferred income +€39,195
up €39,195 (+21.3%), from €183,638 to €222,833
- Current portion of long-term debt +€36,993
up €36,993 (+139%), from €26,641 to €63,634
Income statement
- Turnover -€417,104
down €417,104 (-17.6%), from €2.4m to €2.0m
- Goods and materials -€348,004
down €348,004 (-70.2%), from €496,084 to €148,080
- Staff costs +€36,112
up €36,112 (+2.6%), from €1.4m to €1.4m
- Taxes -€33,635
down €33,635 (-58.7%), from €57,322 to €23,687
of which Taxes: -€33,798
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.
Result 2024
€120,955
Turnover
-€417,104
Other operating income
+€16,185
Goods and materials
+€348,004
Services and other goods
+€177
Staff costs
-€36,112
Depreciation
-€8,622
Write-downs
+€1,210
Other operating charges
-€8,495
Other operating items
-€171
Financial income
-€13,181
Financial charges
-€17,018
Taxes
+€33,635
Result 2025
€19,464
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€141,530
Investment
-€80,637
Financing
+€264,930
Cash 2024
€32,110
From operations (derived)
-€141,530
Net result for the year
+€19,464
Depreciation
+€26,142
Receivables within one year
-€206,005
Deferred charges and accrued income
-€23,422
Trade debts
+€7,951
Tax, wage and social debts
-€4,853
Accrued charges and deferred income
+€39,195
Investment (derived)
-€80,637
Investment in fixed assets (net)
-€577,883
Current investments
+€497,245
Financing
+€264,930
Debts after one year
+€227,937
Current portion of long-term debt
+€36,993
Cash 2025
€74,873
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,151,653 | €3,478,338 | +€326,686 | +10.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €678,879 | €1,230,620 | +€551,741 | +81.3% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €663,797 | €1,201,886 | +€538,089 | +81.1% |
| Land and buildings | 22 | €651,311 | €1,136,393 | +€485,082 | +74.5% |
| Plant, machinery and equipment | 23 | €0 | €28,432 | +€28,432 | |
| Furniture and vehicles | 24 | €12,486 | €37,061 | +€24,575 | +197% |
| Financial fixed assets | 28 | €15,082 | €28,734 | +€13,652 | +90.5% |
| Other financial fixed assets | 284/8 | €15,082 | €28,734 | +€13,652 | +90.5% |
| Amounts receivable and cash guarantees | 285/8 | €15,082 | €28,734 | +€13,652 | +90.5% |
| Current assets | 29/58 | €2,472,774 | €2,247,719 | -€225,055 | -9.1% |
| Amounts receivable within one year | 40/41 | €356,556 | €562,561 | +€206,005 | +57.8% |
| Trade receivables | 40 | €356,556 | €562,561 | +€206,005 | +57.8% |
| Current investments | 50/53 | €2,039,439 | €1,542,194 | -€497,245 | -24.4% |
| Other investments | 51/53 | €2,039,439 | €1,542,194 | -€497,245 | -24.4% |
| Cash at bank and in hand | 54/58 | €32,110 | €74,873 | +€42,763 | +133% |
| Deferred charges and accrued income | 490/1 | €44,669 | €68,091 | +€23,422 | +52.4% |
| Total equity and liabilities | 10/49 | €3,151,653 | €3,478,338 | +€326,686 | +10.4% |
| Equity | 10/15 | €2,071,707 | €2,091,170 | +€19,464 | +0.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €0 | €0 | = | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,051,247 | €2,070,710 | +€19,464 | +0.9% |
| Amounts payable | 17/49 | €1,079,946 | €1,387,168 | +€307,222 | +28.4% |
| Amounts payable after more than one year | 17 | €454,026 | €681,963 | +€227,937 | +50.2% |
| Financial debts | 170/4 | €454,026 | €681,963 | +€227,937 | +50.2% |
| Credit institutions | 173 | €454,026 | €681,963 | +€227,937 | +50.2% |
| Amounts payable within one year | 42/48 | €442,282 | €482,372 | +€40,090 | +9.1% |
| Current portion of amounts payable after more than one year | 42 | €26,641 | €63,634 | +€36,993 | +139% |
| Trade debts | 44 | €94,277 | €102,228 | +€7,951 | +8.4% |
| Suppliers | 440/4 | €94,277 | €102,228 | +€7,951 | +8.4% |
| Taxes, remuneration and social security | 45 | €321,364 | €316,511 | -€4,853 | -1.5% |
| Taxes | 450/3 | €71,424 | €91,491 | +€20,067 | +28.1% |
| Remuneration and social security | 454/9 | €249,941 | €225,020 | -€24,920 | -10.0% |
| Accrued charges and deferred income | 492/3 | €183,638 | €222,833 | +€39,195 | +21.3% |
| Operating income | 70/76A | €2,403,446 | €2,002,528 | -€400,919 | -16.7% |
| Turnover | 70 | €2,370,667 | €1,953,563 | -€417,104 | -17.6% |
| Other operating income | 74 | €32,779 | €48,964 | +€16,185 | +49.4% |
| Operating charges | 60/66A | €2,226,752 | €1,930,761 | -€295,991 | -13.3% |
| Goods for resale, raw materials and consumables | 60 | €496,084 | €148,080 | -€348,004 | -70.2% |
| Purchases | 600/8 | €496,084 | €148,080 | -€348,004 | -70.2% |
| Services and other goods | 61 | €314,226 | €314,049 | -€177 | -0.1% |
| Remuneration, social security and pensions | 62 | €1,395,521 | €1,431,633 | +€36,112 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,520 | €26,142 | +€8,622 | +49.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€10,529 | -€11,738 | -€1,210 | -11.5% |
| Other operating charges | 640/8 | €13,930 | €22,425 | +€8,495 | +61.0% |
| Non-recurring operating charges | 66A | - | €171 | +€171 | |
| Operating profit (loss) | 9901 | €176,694 | €71,766 | -€104,927 | -59.4% |
| Financial income | 75/76B | €31,123 | €17,942 | -€13,181 | -42.4% |
| Recurring financial income | 75 | €31,123 | €17,942 | -€13,181 | -42.4% |
| Income from current assets | 751 | €31,123 | €17,515 | -€13,607 | -43.7% |
| Other financial income | 752/9 | €0 | €426 | +€426 | +125,318% |
| Financial charges | 65/66B | €29,539 | €46,557 | +€17,018 | +57.6% |
| Recurring financial charges | 65 | €29,539 | €46,557 | +€17,018 | +57.6% |
| Debt charges | 650 | €28,630 | €43,020 | +€14,390 | +50.3% |
| Other financial charges | 652/9 | €910 | €3,538 | +€2,628 | +289% |
| Profit (loss) for the period before taxes | 9903 | €178,277 | €43,151 | -€135,127 | -75.8% |
| Income taxes | 67/77 | €57,322 | €23,687 | -€33,635 | -58.7% |
| Taxes | 670/3 | €57,485 | €23,687 | -€33,798 | -58.8% |
| Tax adjustments and reversals of tax provisions | 77 | €163 | - | -€163 | |
| Profit (loss) for the period | 9904 | €120,955 | €19,464 | -€101,492 | -83.9% |
| Profit (loss) for the period to be appropriated | 9905 | €120,955 | €19,464 | -€101,492 | -83.9% |
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 24 October 2026 via checked.be.