EXPRESS TOIT GMK: 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.
EXPRESS TOIT GMK
Largest movements
- Receivables within one year -€15,528
down €15,528 (-36.8%), from €42,250 to €26,722
of which Trade receivables: -€15,571
- Tax, wage and social debts -€11,574
down €11,574 (-51.9%), from €22,296 to €10,722
of which Remuneration and social security: -€14,633
- Trade debts -€4,772
down €4,772 (-63.9%), from €7,470 to €2,698
- Other debts -€3,950
down €3,950 (-44.8%), from €8,826 to €4,875
- Profit (loss) carried forward +€2,948
up €2,948 (+8.7%), from -€33,972 to -€31,023
- Short-term financial debts +€1,734
up €1,734 (+8.1%), from €21,458 to €23,191
- Gross operating margin +€7,207
up €7,207 (+12.6%), from €57,313 to €64,520
- Staff costs +€4,495
up €4,495 (+8.4%), from €53,365 to €57,860
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €44,677 | €29,064 | -€15,614 | -34.9% |
| Fixed assets | 21/28 | €66 | €391 | +€326 | +496% |
| Tangible fixed assets | 22/27 | €66 | €391 | +€326 | +496% |
| Plant, machinery and equipment | 23 | €11 | €391 | +€380 | +3,407% |
| Furniture and vehicles | 24 | €55 | - | -€55 | |
| Current assets | 29/58 | €44,612 | €28,672 | -€15,939 | -35.7% |
| Stocks and contracts in progress | 3 | €1,500 | €1,500 | = | 0.0% |
| Stocks | 30/36 | €1,500 | €1,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €42,250 | €26,722 | -€15,528 | -36.8% |
| Trade receivables | 40 | €32,024 | €16,454 | -€15,571 | -48.6% |
| Other amounts receivable | 41 | €10,226 | €10,269 | +€43 | +0.4% |
| Deferred charges and accrued income | 490/1 | €861 | €450 | -€411 | -47.7% |
| Total equity and liabilities | 10/49 | €44,677 | €29,064 | -€15,614 | -34.9% |
| Equity | 10/15 | -€15,372 | -€12,423 | +€2,948 | +19.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,972 | -€31,023 | +€2,948 | +8.7% |
| Amounts payable | 17/49 | €60,049 | €41,487 | -€18,562 | -30.9% |
| Amounts payable within one year | 42/48 | €60,049 | €41,487 | -€18,562 | -30.9% |
| Financial debts | 43 | €21,458 | €23,191 | +€1,734 | +8.1% |
| Credit institutions | 430/8 | €21,458 | €23,191 | +€1,734 | +8.1% |
| Trade debts | 44 | €7,470 | €2,698 | -€4,772 | -63.9% |
| Suppliers | 440/4 | €7,470 | €2,698 | -€4,772 | -63.9% |
| Taxes, remuneration and social security | 45 | €22,296 | €10,722 | -€11,574 | -51.9% |
| Taxes | 450/3 | - | €3,059 | +€3,059 | |
| Remuneration and social security | 454/9 | €22,296 | €7,663 | -€14,633 | -65.6% |
| Other amounts payable | 47/48 | €8,826 | €4,875 | -€3,950 | -44.8% |
| Remuneration, social security and pensions | 62 | €53,365 | €57,860 | +€4,495 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €466 | €172 | -€294 | -63.1% |
| Other operating charges | 640/8 | €1,418 | €801 | -€617 | -43.5% |
| Gross operating margin | 9900 | €57,313 | €64,520 | +€7,207 | +12.6% |
| Operating profit (loss) | 9901 | €2,065 | €5,688 | +€3,623 | +175% |
| Financial income | 75/76B | €947 | €835 | -€112 | -11.8% |
| Recurring financial income | 75 | €947 | €835 | -€112 | -11.8% |
| Financial charges | 65/66B | €3,570 | €3,574 | +€4 | +0.1% |
| Recurring financial charges | 65 | €3,570 | €3,574 | +€4 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | -€559 | €2,948 | +€3,507 | |
| Profit (loss) for the period | 9904 | -€559 | €2,948 | +€3,507 | |
| Profit (loss) for the period to be appropriated | 9905 | -€559 | €2,948 | +€3,507 |
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 29 October 2026 via checked.be.