See-Globe: 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.
See-Globe
Largest movements
- Receivables within one year +€51,119
up €51,119 (+201.6%), from €25,352 to €76,471
of which Trade receivables: +€56,912
- Cash +€34,907
up €34,907 (+15.9%), from €219,747 to €254,654
mainly Net result for the year (+€55,894) and Trade debts (+€42,988)
- Profit (loss) carried forward +€55,894
up €55,894 (+31.6%), from €177,023 to €232,918
- Trade debts +€42,988
up €42,988 (+202.6%), from €21,219 to €64,207
- Advances received -€10,132
down €10,132 (-100.0%), from €10,132 to €0
- Staff costs -€31,925
down €31,925 (-33.4%), from €95,573 to €63,648
- Taxes +€14,953
up €14,953 (+11681.6%), from €128 to €15,081
- Gross operating margin +€2,449
up €2,449 (+1.8%), from €133,903 to €136,352
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 | €252,661 | €338,555 | +€85,894 | +34.0% |
| Fixed assets | 21/28 | €2,055 | €2,055 | = | 0.0% |
| Financial fixed assets | 28 | €2,055 | €2,055 | = | 0.0% |
| Current assets | 29/58 | €250,606 | €336,500 | +€85,894 | +34.3% |
| Amounts receivable within one year | 40/41 | €25,352 | €76,471 | +€51,119 | +201.6% |
| Trade receivables | 40 | €7,696 | €64,608 | +€56,912 | +739.5% |
| Other amounts receivable | 41 | €17,656 | €11,863 | -€5,794 | -32.8% |
| Cash at bank and in hand | 54/58 | €219,747 | €254,654 | +€34,907 | +15.9% |
| Deferred charges and accrued income | 490/1 | €5,507 | €5,375 | -€132 | -2.4% |
| Total equity and liabilities | 10/49 | €252,661 | €338,555 | +€85,894 | +34.0% |
| Equity | 10/15 | €206,023 | €261,918 | +€55,894 | +27.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €4,000 | €4,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,000 | €4,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €177,023 | €232,918 | +€55,894 | +31.6% |
| Amounts payable | 17/49 | €46,638 | €76,637 | +€29,999 | +64.3% |
| Amounts payable within one year | 42/48 | €46,475 | €76,637 | +€30,162 | +64.9% |
| Trade debts | 44 | €21,219 | €64,207 | +€42,988 | +202.6% |
| Suppliers | 440/4 | €21,219 | €64,207 | +€42,988 | +202.6% |
| Advances received on contracts in progress | 46 | €10,132 | €0 | -€10,132 | -100.0% |
| Taxes, remuneration and social security | 45 | €15,124 | €12,430 | -€2,694 | -17.8% |
| Taxes | 450/3 | €2,089 | €2,096 | +€7 | +0.3% |
| Remuneration and social security | 454/9 | €13,036 | €10,334 | -€2,702 | -20.7% |
| Accrued charges and deferred income | 492/3 | €163 | €0 | -€162 | -99.9% |
| Remuneration, social security and pensions | 62 | €95,573 | €63,648 | -€31,925 | -33.4% |
| Other operating charges | 640/8 | €2,347 | €1,237 | -€1,110 | -47.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €133,903 | €136,352 | +€2,449 | +1.8% |
| Operating profit (loss) | 9901 | €35,983 | €71,467 | +€35,484 | +98.6% |
| Financial income | 75/76B | €62 | €0 | -€62 | -100.0% |
| Recurring financial income | 75 | €62 | €0 | -€62 | -100.0% |
| Financial charges | 65/66B | €324 | €492 | +€168 | +51.9% |
| Recurring financial charges | 65 | €324 | €492 | +€168 | +51.9% |
| Profit (loss) for the period before taxes | 9903 | €35,722 | €70,975 | +€35,253 | +98.7% |
| Income taxes | 67/77 | €128 | €15,081 | +€14,953 | +11681.6% |
| Profit (loss) for the period | 9904 | €35,594 | €55,894 | +€20,301 | +57.0% |
| Profit (loss) for the period to be appropriated | 9905 | €35,594 | €55,894 | +€20,301 | +57.0% |
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 2 October 2026 via checked.be.