GLOBUS Q RE: 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.
GLOBUS Q RE
Largest movements
- Stocks and contracts -€983,669
down €983,669 (-34.7%), from €2.8m to €1.9m
of which Contracts in progress: -€2.0m
- Cash -€143,345
down €143,345 (-99.0%), from €144,826 to €1,481
mainly Debts after one year (-€1.4m) and Trade debts (-€470,188)
- Receivables within one year -€63,735
down €63,735 (-56.9%), from €111,949 to €48,214
of which Other amounts receivable: -€35,214
- Debts after one year -€1.4m
down €1.4m (-72.9%), from €1.9m to €519,482
- Trade debts -€470,188
down €470,188 (-63.2%), from €744,106 to €273,918
- Short-term financial debts +€350,000
new in 2024: €350,000
- Tax, wage and social debts +€340,614
up €340,614 (+245,064%), from €139 to €340,753
- Profit (loss) carried forward -€99,517
down €99,517 (-367%), from -€27,081 to -€126,598
- Gross operating margin -€31,010
down €31,010 (-63.4%), from -€48,945 to -€79,955
- Financial charges +€20,238
up €20,238 (+755%), from €2,680 to €22,918
- Financial income +€2,025
up €2,025 (+156%), from €1,296 to €3,321
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,092,577 | €1,902,849 | -€1.2m | -38.5% |
| Current assets | 29/58 | €3,092,577 | €1,902,849 | -€1.2m | -38.5% |
| Stocks and contracts in progress | 3 | €2,835,802 | €1,852,133 | -€983,669 | -34.7% |
| Stocks | 30/36 | €854,133 | €1,852,133 | +€998,000 | +117% |
| Contracts in progress | 37 | €1,981,669 | €0 | -€2.0m | -100% |
| Amounts receivable within one year | 40/41 | €111,949 | €48,214 | -€63,735 | -56.9% |
| Trade receivables | 40 | €48,294 | €19,773 | -€28,521 | -59.1% |
| Other amounts receivable | 41 | €63,655 | €28,441 | -€35,214 | -55.3% |
| Cash at bank and in hand | 54/58 | €144,826 | €1,481 | -€143,345 | -99.0% |
| Deferred charges and accrued income | 490/1 | - | €1,021 | +€1,021 | |
| Total equity and liabilities | 10/49 | €3,092,577 | €1,902,849 | -€1.2m | -38.5% |
| Equity | 10/15 | -€8,481 | -€107,998 | -€99,517 | -1,173% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,081 | -€126,598 | -€99,517 | -367% |
| Amounts payable | 17/49 | €3,101,058 | €2,010,847 | -€1.1m | -35.2% |
| Amounts payable after more than one year | 17 | €1,913,704 | €519,482 | -€1.4m | -72.9% |
| Financial debts | 170/4 | €1,913,704 | €519,482 | -€1.4m | -72.9% |
| Amounts payable within one year | 42/48 | €1,184,166 | €1,469,996 | +€285,830 | +24.1% |
| Financial debts | 43 | - | €350,000 | +€350,000 | |
| Other loans | 439 | - | €350,000 | +€350,000 | |
| Trade debts | 44 | €744,106 | €273,918 | -€470,188 | -63.2% |
| Suppliers | 440/4 | €744,106 | €273,918 | -€470,188 | -63.2% |
| Taxes, remuneration and social security | 45 | €139 | €340,753 | +€340,614 | +245,064% |
| Taxes | 450/3 | €139 | €340,753 | +€340,614 | +245,064% |
| Other amounts payable | 47/48 | €439,921 | €505,325 | +€65,404 | +14.9% |
| Accrued charges and deferred income | 492/3 | €3,188 | €21,369 | +€18,181 | +570% |
| Other operating charges | 640/8 | €797 | €331 | -€466 | -58.4% |
| Gross operating margin | 9900 | -€48,945 | -€79,955 | -€31,010 | -63.4% |
| Operating profit (loss) | 9901 | -€49,741 | -€80,286 | -€30,545 | -61.4% |
| Financial income | 75/76B | €1,296 | €3,321 | +€2,025 | +156% |
| Recurring financial income | 75 | €1,296 | €3,321 | +€2,025 | +156% |
| Financial charges | 65/66B | €2,680 | €22,918 | +€20,238 | +755% |
| Recurring financial charges | 65 | €2,680 | €22,918 | +€20,238 | +755% |
| Profit (loss) for the period before taxes | 9903 | -€51,125 | -€99,883 | -€48,758 | -95.4% |
| Income taxes | 67/77 | €0 | -€366 | -€366 | |
| Profit (loss) for the period | 9904 | -€51,125 | -€99,517 | -€48,392 | -94.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€51,125 | -€99,517 | -€48,392 | -94.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.