G.B. TRANS: 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.
G.B. TRANS
Largest movements
- Receivables within one year +€25,048
up €25,048 (+120%), from €20,815 to €45,863
of which Trade receivables: +€24,886
- Tangible fixed assets -€19,496
down €19,496 (-26.6%), from €73,273 to €53,777
of which Leasing and similar rights: -€13,144
- Cash -€16,657
down €16,657 (-38.6%), from €43,120 to €26,462
mainly Contributions, distributions and other (-€29,500) and Receivables within one year (-€25,048)
- Deferred charges and accrued income +€5,231
new in 2025: €5,231
- Debts after one year -€10,438
down €10,438 (-29.0%), from €35,961 to €25,523
- Profit (loss) carried forward -€4,379
down €4,379 (-7.3%), from €60,255 to €55,876
- Trade debts +€4,363
up €4,363 (+74.3%), from €5,868 to €10,231
- Current portion of long-term debt +€2,767
up €2,767 (+27.9%), from €9,920 to €12,688
- Depreciation +€5,641
up €5,641 (+43.1%), from €13,088 to €18,729
- Gross operating margin +€2,869
up €2,869 (+4.8%), from €60,283 to €63,152
- Financial charges +€1,814
up €1,814 (+62.5%), from €2,904 to €4,718
- Taxes +€1,065
up €1,065 (+11.5%), from €9,236 to €10,301
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 | €138,168 | €132,293 | -€5,875 | -4.3% |
| Fixed assets | 21/28 | €74,233 | €54,737 | -€19,496 | -26.3% |
| Tangible fixed assets | 22/27 | €73,273 | €53,777 | -€19,496 | -26.6% |
| Plant, machinery and equipment | 23 | €3,186 | €1,800 | -€1,386 | -43.5% |
| Furniture and vehicles | 24 | €13,094 | €8,128 | -€4,966 | -37.9% |
| Leasing and similar rights | 25 | €56,993 | €43,849 | -€13,144 | -23.1% |
| Financial fixed assets | 28 | €960 | €960 | = | 0.0% |
| Current assets | 29/58 | €63,935 | €77,556 | +€13,622 | +21.3% |
| Amounts receivable within one year | 40/41 | €20,815 | €45,863 | +€25,048 | +120% |
| Trade receivables | 40 | €14,935 | €39,821 | +€24,886 | +167% |
| Other amounts receivable | 41 | €5,880 | €6,041 | +€162 | +2.7% |
| Cash at bank and in hand | 54/58 | €43,120 | €26,462 | -€16,657 | -38.6% |
| Deferred charges and accrued income | 490/1 | - | €5,231 | +€5,231 | |
| Total equity and liabilities | 10/49 | €138,168 | €132,293 | -€5,875 | -4.3% |
| Equity | 10/15 | €73,258 | €68,880 | -€4,379 | -6.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €10,504 | €10,504 | = | 0.0% |
| Distributable reserves | 133 | €10,504 | €10,504 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,255 | €55,876 | -€4,379 | -7.3% |
| Amounts payable | 17/49 | €64,909 | €63,414 | -€1,496 | -2.3% |
| Amounts payable after more than one year | 17 | €35,961 | €25,523 | -€10,438 | -29.0% |
| Financial debts | 170/4 | €35,961 | €25,523 | -€10,438 | -29.0% |
| Amounts payable within one year | 42/48 | €28,949 | €37,891 | +€8,943 | +30.9% |
| Current portion of amounts payable after more than one year | 42 | €9,920 | €12,688 | +€2,767 | +27.9% |
| Trade debts | 44 | €5,868 | €10,231 | +€4,363 | +74.3% |
| Suppliers | 440/4 | €5,868 | €10,231 | +€4,363 | +74.3% |
| Taxes, remuneration and social security | 45 | €9,296 | €10,547 | +€1,252 | +13.5% |
| Taxes | 450/3 | €9,296 | €10,547 | +€1,252 | +13.5% |
| Other amounts payable | 47/48 | €3,864 | €4,425 | +€561 | +14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,088 | €18,729 | +€5,641 | +43.1% |
| Other operating charges | 640/8 | €3,583 | €4,121 | +€538 | +15.0% |
| Non-recurring operating charges | 66A | €605 | €162 | -€444 | -73.3% |
| Gross operating margin | 9900 | €60,283 | €63,152 | +€2,869 | +4.8% |
| Operating profit (loss) | 9901 | €43,006 | €40,140 | -€2,866 | -6.7% |
| Financial charges | 65/66B | €2,904 | €4,718 | +€1,814 | +62.5% |
| Recurring financial charges | 65 | €2,904 | €4,718 | +€1,814 | +62.5% |
| Profit (loss) for the period before taxes | 9903 | €40,102 | €35,422 | -€4,680 | -11.7% |
| Income taxes | 67/77 | €9,236 | €10,301 | +€1,065 | +11.5% |
| Profit (loss) for the period | 9904 | €30,866 | €25,121 | -€5,745 | -18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €30,866 | €25,121 | -€5,745 | -18.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.