GLOCAL COMMUNICATIONS: 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.
GLOCAL COMMUNICATIONS
Largest movements
- Cash -€30,246
down €30,246 (-10.4%), from €290,595 to €260,349
mainly Net result for the year (-€24,066) and Trade debts (-€15,727)
- Receivables within one year +€3,452
up €3,452 (+61.5%), from €5,612 to €9,064
- Reserves -€24,066
down €24,066 (-9.4%), from €256,972 to €232,906
of which Distributable reserves: -€24,066
- Trade debts -€15,727
down €15,727 (-93.6%), from €16,796 to €1,069
- Tax, wage and social debts +€10,758
up €10,758 (+64.2%), from €16,760 to €27,518
of which Remuneration and social security: +€10,242
- Write-downs +€123,221
new in 2025: €123,221
- Taxes -€22,573
no longer reported in 2025 (was €22,573)
- Gross operating margin +€4,765
up €4,765 (+5.0%), from €94,787 to €99,552
- Financial income -€2,452
down €2,452 (-92.0%), from €2,665 to €213
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 | €297,410 | €269,413 | -€27,998 | -9.4% |
| Current assets | 29/58 | €297,410 | €269,413 | -€27,998 | -9.4% |
| Amounts receivable within one year | 40/41 | €5,612 | €9,064 | +€3,452 | +61.5% |
| Other amounts receivable | 41 | €5,612 | €9,064 | +€3,452 | +61.5% |
| Cash at bank and in hand | 54/58 | €290,595 | €260,349 | -€30,246 | -10.4% |
| Deferred charges and accrued income | 490/1 | €1,203 | - | -€1,203 | |
| Total equity and liabilities | 10/49 | €297,410 | €269,413 | -€27,998 | -9.4% |
| Equity | 10/15 | €263,172 | €239,106 | -€24,066 | -9.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €256,972 | €232,906 | -€24,066 | -9.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €255,112 | €231,046 | -€24,066 | -9.4% |
| Amounts payable | 17/49 | €34,238 | €30,307 | -€3,931 | -11.5% |
| Amounts payable within one year | 42/48 | €34,238 | €29,465 | -€4,773 | -13.9% |
| Trade debts | 44 | €16,796 | €1,069 | -€15,727 | -93.6% |
| Suppliers | 440/4 | €16,796 | €1,069 | -€15,727 | -93.6% |
| Taxes, remuneration and social security | 45 | €16,760 | €27,518 | +€10,758 | +64.2% |
| Taxes | 450/3 | €6,136 | €6,653 | +€517 | +8.4% |
| Remuneration and social security | 454/9 | €10,624 | €20,866 | +€10,242 | +96.4% |
| Other amounts payable | 47/48 | €682 | €877 | +€195 | +28.6% |
| Accrued charges and deferred income | 492/3 | - | €842 | +€842 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €123,221 | +€123,221 | |
| Other operating charges | 640/8 | €387 | €400 | +€13 | +3.3% |
| Gross operating margin | 9900 | €94,787 | €99,552 | +€4,765 | +5.0% |
| Operating profit (loss) | 9901 | €94,400 | -€24,069 | -€118,469 | |
| Financial income | 75/76B | €2,665 | €213 | -€2,452 | -92.0% |
| Recurring financial income | 75 | €2,665 | €213 | -€2,452 | -92.0% |
| Financial charges | 65/66B | €160 | €210 | +€50 | +31.2% |
| Recurring financial charges | 65 | €160 | €210 | +€50 | +31.2% |
| Profit (loss) for the period before taxes | 9903 | €96,905 | -€24,066 | -€120,971 | |
| Income taxes | 67/77 | €22,573 | - | -€22,573 | |
| Profit (loss) for the period | 9904 | €74,332 | -€24,066 | -€98,398 | |
| Profit (loss) for the period to be appropriated | 9905 | €74,332 | -€24,066 | -€98,398 |
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 13 October 2026 via checked.be.