GLOBUS INTERNATIONAL: 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
GLOBUS INTERNATIONAL
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€17,363
2024 · €18,160-€798
Equity
€3.4m
2024 · €3.4m+€7,758
Cash
€6,198
2024 · €63,494-€57,296
Balance sheet total
€8.8m
2024 · €8.8m-€44,335
Largest movements
Assets
- Receivables within one year +€454,037
up €454,037 (+21.4%), from €2.1m to €2.6m
of which Trade receivables: +€270,544
- Stocks and contracts -€231,629
down €231,629 (-8.9%), from €2.6m to €2.4m
- Tangible fixed assets -€210,722
down €210,722 (-5.2%), from €4.0m to €3.8m
of which Land and buildings: -€226,404
Equity and liabilities
- Debts after one year -€197,547
down €197,547 (-17.2%), from €1.2m to €952,742
- Other debts +€196,771
up €196,771 (+5.7%), from €3.4m to €3.6m
- Trade debts -€100,417
down €100,417 (-29.5%), from €340,296 to €239,880
Income statement
- Gross operating margin +€63,590
up €63,590 (+7.5%), from €847,651 to €911,241
- Other operating charges +€52,872
up €52,872 (+43.1%), from €122,765 to €175,637
- Depreciation +€20,915
up €20,915 (+5.9%), from €353,900 to €374,815
- Financial charges -€11,534
down €11,534 (-4.1%), from €282,392 to €270,858
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
€18,160
Gross operating margin
+€63,590
Staff costs
-€3,576
Depreciation
-€20,915
Other operating charges
-€52,872
Financial income
-€3,262
Financial charges
+€11,534
Taxes
+€4,703
Result 2025
€17,363
raises the resultlowers the result
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
+€280,811
Investment
-€164,093
Financing
-€174,014
Cash 2024
€63,494
From operations (derived)
+€280,811
Net result for the year
+€17,363
Depreciation
+€374,815
Stocks and contracts
+€231,629
Receivables within one year
-€454,037
Deferred charges and accrued income
-€1,274
Trade debts
-€100,417
Tax, wage and social debts
+€4,007
Other debts
+€196,771
Accrued charges and deferred income
+€11,955
Investment (derived)
-€164,093
Investment in fixed assets (net)
-€164,093
Financing
-€174,014
Debts after one year
-€197,547
Current portion of long-term debt
+€5,328
Short-term financial debts
+€27,809
Contributions, distributions and other
-€9,605
Cash 2025
€6,198
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,842,946 | €8,798,611 | -€44,335 | -0.5% |
| Fixed assets | 21/28 | €4,049,230 | €3,838,508 | -€210,722 | -5.2% |
| Tangible fixed assets | 22/27 | €4,046,761 | €3,836,038 | -€210,722 | -5.2% |
| Land and buildings | 22 | €3,642,526 | €3,416,122 | -€226,404 | -6.2% |
| Plant, machinery and equipment | 23 | €135,961 | €155,690 | +€19,729 | +14.5% |
| Furniture and vehicles | 24 | €200,696 | €160,631 | -€40,065 | -20.0% |
| Other tangible fixed assets | 26 | €67,577 | €103,595 | +€36,018 | +53.3% |
| Financial fixed assets | 28 | €2,470 | €2,470 | = | 0.0% |
| Current assets | 29/58 | €4,793,716 | €4,960,103 | +€166,387 | +3.5% |
| Stocks and contracts in progress | 3 | €2,592,237 | €2,360,608 | -€231,629 | -8.9% |
| Stocks | 30/36 | €2,592,237 | €2,360,608 | -€231,629 | -8.9% |
| Amounts receivable within one year | 40/41 | €2,117,034 | €2,571,071 | +€454,037 | +21.4% |
| Trade receivables | 40 | €218,384 | €488,928 | +€270,544 | +124% |
| Other amounts receivable | 41 | €1,898,650 | €2,082,143 | +€183,494 | +9.7% |
| Cash at bank and in hand | 54/58 | €63,494 | €6,198 | -€57,296 | -90.2% |
| Deferred charges and accrued income | 490/1 | €20,951 | €22,225 | +€1,274 | +6.1% |
| Total equity and liabilities | 10/49 | €8,842,946 | €8,798,611 | -€44,335 | -0.5% |
| Equity | 10/15 | €3,396,797 | €3,404,555 | +€7,758 | +0.2% |
| Contributions | 10/11 | €2,389,000 | €2,389,000 | = | 0.0% |
| Capital | 10 | €2,389,000 | €2,389,000 | = | 0.0% |
| Issued capital | 100 | €2,389,000 | €2,389,000 | = | 0.0% |
| Reserves | 13 | €1,007,797 | €1,015,555 | +€7,758 | +0.8% |
| Non-distributable reserves | 130/1 | €1,007,797 | €238,900 | -€768,897 | -76.3% |
| Legal reserve | 130 | €238,900 | €238,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €768,897 | €0 | -€768,897 | -100% |
| Tax-exempt reserves | 132 | - | €7,758 | +€7,758 | |
| Distributable reserves | 133 | - | €768,897 | +€768,897 | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €5,446,149 | €5,394,056 | -€52,094 | -1.0% |
| Amounts payable after more than one year | 17 | €1,150,289 | €952,742 | -€197,547 | -17.2% |
| Financial debts | 170/4 | €1,150,289 | €952,742 | -€197,547 | -17.2% |
| Amounts payable within one year | 42/48 | €4,295,860 | €4,429,359 | +€133,499 | +3.1% |
| Current portion of amounts payable after more than one year | 42 | €192,219 | €197,547 | +€5,328 | +2.8% |
| Financial debts | 43 | €248,551 | €276,360 | +€27,809 | +11.2% |
| Credit institutions | 430/8 | €248,551 | €276,360 | +€27,809 | +11.2% |
| Trade debts | 44 | €340,296 | €239,880 | -€100,417 | -29.5% |
| Suppliers | 440/4 | €340,296 | €239,880 | -€100,417 | -29.5% |
| Taxes, remuneration and social security | 45 | €79,351 | €83,358 | +€4,007 | +5.1% |
| Taxes | 450/3 | €63,086 | €70,862 | +€7,776 | +12.3% |
| Remuneration and social security | 454/9 | €16,265 | €12,496 | -€3,769 | -23.2% |
| Other amounts payable | 47/48 | €3,435,443 | €3,632,214 | +€196,771 | +5.7% |
| Accrued charges and deferred income | 492/3 | - | €11,955 | +€11,955 | |
| Non-recurring operating income | 76A | - | €12,250 | +€12,250 | |
| Remuneration, social security and pensions | 62 | €66,478 | €70,054 | +€3,576 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €353,900 | €374,815 | +€20,915 | +5.9% |
| Other operating charges | 640/8 | €122,765 | €175,637 | +€52,872 | +43.1% |
| Gross operating margin | 9900 | €847,651 | €911,241 | +€63,590 | +7.5% |
| Operating profit (loss) | 9901 | €304,508 | €290,735 | -€13,773 | -4.5% |
| Financial income | 75/76B | €3,497 | €236 | -€3,262 | -93.3% |
| Recurring financial income | 75 | €3,497 | €236 | -€3,262 | -93.3% |
| Financial charges | 65/66B | €282,392 | €270,858 | -€11,534 | -4.1% |
| Recurring financial charges | 65 | €282,392 | €270,858 | -€11,534 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €25,614 | €20,113 | -€5,501 | -21.5% |
| Income taxes | 67/77 | €7,453 | €2,750 | -€4,703 | -63.1% |
| Profit (loss) for the period | 9904 | €18,160 | €17,363 | -€798 | -4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,160 | €17,363 | -€798 | -4.4% |
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 30 October 2026 via checked.be.