G.G. EXPRESS: 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.G. EXPRESS
Largest movements
- Cash +€23,881
up €23,881 (+298%), from €8,024 to €31,905
mainly Trade debts (+€44,917) and Debts after one year (+€19,632)
- Receivables within one year +€22,021
up €22,021 (+24.2%), from €90,885 to €112,906
of which Trade receivables: +€28,729
- Tangible fixed assets +€18,589
up €18,589 (+35.0%), from €53,182 to €71,771
of which Leasing and similar rights: +€26,367
- Trade debts +€44,917
up €44,917 (+95.2%), from €47,196 to €92,113
- Debts after one year +€19,632
up €19,632 (+261%), from €7,526 to €27,158
- Tax, wage and social debts -€4,589
down €4,589 (-30.3%), from €15,126 to €10,536
of which Remuneration and social security: -€3,000
- Current portion of long-term debt +€3,904
up €3,904 (+124%), from €3,151 to €7,055
- Gross operating margin -€16,429
down €16,429 (-35.6%), from €46,106 to €29,677
- Taxes -€5,292
down €5,292 (-76.4%), from €6,927 to €1,635
- Depreciation +€3,789
up €3,789 (+25.6%), from €14,781 to €18,570
- Other operating charges +€1,806
up €1,806 (+52.5%), from €3,442 to €5,248
- Financial charges +€764
up €764 (+41.1%), from €1,857 to €2,620
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 | €155,552 | €219,198 | +€63,646 | +40.9% |
| Fixed assets | 21/28 | €53,682 | €72,271 | +€18,589 | +34.6% |
| Tangible fixed assets | 22/27 | €53,182 | €71,771 | +€18,589 | +35.0% |
| Furniture and vehicles | 24 | €33,718 | €26,509 | -€7,209 | -21.4% |
| Leasing and similar rights | 25 | €17,316 | €43,683 | +€26,367 | +152% |
| Other tangible fixed assets | 26 | €2,148 | €1,580 | -€568 | -26.5% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €101,870 | €146,927 | +€45,057 | +44.2% |
| Amounts receivable within one year | 40/41 | €90,885 | €112,906 | +€22,021 | +24.2% |
| Trade receivables | 40 | €77,812 | €106,541 | +€28,729 | +36.9% |
| Other amounts receivable | 41 | €13,073 | €6,365 | -€6,708 | -51.3% |
| Cash at bank and in hand | 54/58 | €8,024 | €31,905 | +€23,881 | +298% |
| Deferred charges and accrued income | 490/1 | €2,961 | €2,117 | -€845 | -28.5% |
| Total equity and liabilities | 10/49 | €155,552 | €219,198 | +€63,646 | +40.9% |
| Equity | 10/15 | €79,451 | €81,054 | +€1,603 | +2.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Distributable reserves | 133 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €78,351 | €79,954 | +€1,603 | +2.0% |
| Amounts payable | 17/49 | €76,100 | €138,144 | +€62,043 | +81.5% |
| Amounts payable after more than one year | 17 | €7,526 | €27,158 | +€19,632 | +261% |
| Financial debts | 170/4 | €7,526 | €27,158 | +€19,632 | +261% |
| Amounts payable within one year | 42/48 | €67,935 | €110,666 | +€42,731 | +62.9% |
| Current portion of amounts payable after more than one year | 42 | €3,151 | €7,055 | +€3,904 | +124% |
| Trade debts | 44 | €47,196 | €92,113 | +€44,917 | +95.2% |
| Suppliers | 440/4 | €47,196 | €92,113 | +€44,917 | +95.2% |
| Taxes, remuneration and social security | 45 | €15,126 | €10,536 | -€4,589 | -30.3% |
| Taxes | 450/3 | €12,126 | €10,536 | -€1,589 | -13.1% |
| Remuneration and social security | 454/9 | €3,000 | - | -€3,000 | |
| Other amounts payable | 47/48 | €2,462 | €961 | -€1,501 | -61.0% |
| Accrued charges and deferred income | 492/3 | €640 | €320 | -€320 | -50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,781 | €18,570 | +€3,789 | +25.6% |
| Other operating charges | 640/8 | €3,442 | €5,248 | +€1,806 | +52.5% |
| Gross operating margin | 9900 | €46,106 | €29,677 | -€16,429 | -35.6% |
| Operating profit (loss) | 9901 | €27,883 | €5,859 | -€22,024 | -79.0% |
| Financial income | 75/76B | €30 | - | -€30 | |
| Recurring financial income | 75 | €30 | - | -€30 | |
| Financial charges | 65/66B | €1,857 | €2,620 | +€764 | +41.1% |
| Recurring financial charges | 65 | €1,857 | €2,620 | +€764 | +41.1% |
| Profit (loss) for the period before taxes | 9903 | €26,056 | €3,238 | -€22,818 | -87.6% |
| Income taxes | 67/77 | €6,927 | €1,635 | -€5,292 | -76.4% |
| Profit (loss) for the period | 9904 | €19,129 | €1,603 | -€17,526 | -91.6% |
| Profit (loss) for the period to be appropriated | 9905 | €19,129 | €1,603 | -€17,526 | -91.6% |
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 15 October 2026 via checked.be.