G-TRANS: 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.
G-TRANS
Largest movements
- Tangible fixed assets -€1,861
down €1,861 (-97.5%), from €1,908 to €47
- Cash -€1,498
no longer reported in 2025 (was €1,498)
- Financial fixed assets -€800
no longer reported in 2025 (was €800)
- Debts after one year -€11,574
down €11,574 (-75.4%), from €15,344 to €3,769
- Profit (loss) carried forward +€9,887
up €9,887 (+87.4%), from -€11,307 to -€1,420
- Current portion of long-term debt -€4,614
down €4,614 (-57.6%), from €8,017 to €3,403
- Trade debts -€2,802
down €2,802 (-79.5%), from €3,525 to €723
- Advances received +€2,662
up €2,662 (+65.6%), from €4,058 to €6,720
- Turnover -€70,731
down €70,731 (-97.0%), from €72,931 to €2,200
- Purchases and services -€56,191
down €56,191 (-87.6%), from €64,129 to €7,939
- Gross operating margin -€20,006
down €20,006, from €14,268 to -€5,738
- Depreciation -€6,536
down €6,536 (-87.5%), from €7,467 to €930
- Financial charges -€1,199
down €1,199 (-69.1%), from €1,735 to €536
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,081 | €19,905 | -€4,176 | -17.3% |
| Fixed assets | 21/28 | €2,708 | €47 | -€2,661 | -98.3% |
| Tangible fixed assets | 22/27 | €1,908 | €47 | -€1,861 | -97.5% |
| Furniture and vehicles | 24 | €1,908 | €47 | -€1,861 | -97.5% |
| Financial fixed assets | 28 | €800 | - | -€800 | |
| Current assets | 29/58 | €21,373 | €19,858 | -€1,515 | -7.1% |
| Amounts receivable within one year | 40/41 | €19,875 | €19,858 | -€17 | -0.1% |
| Trade receivables | 40 | €15 | €2,200 | +€2,185 | +14566.7% |
| Other amounts receivable | 41 | €19,860 | €17,658 | -€2,202 | -11.1% |
| Cash at bank and in hand | 54/58 | €1,498 | - | -€1,498 | |
| Total equity and liabilities | 10/49 | €24,081 | €19,905 | -€4,176 | -17.3% |
| Equity | 10/15 | -€9,307 | €580 | +€9,887 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Outside capital | 11 | - | €2,000 | +€2,000 | |
| Other | 1109/19 | - | €2,000 | +€2,000 | |
| Profit (loss) carried forward | 14 | -€11,307 | -€1,420 | +€9,887 | +87.4% |
| Amounts payable | 17/49 | €33,387 | €19,325 | -€14,063 | -42.1% |
| Amounts payable after more than one year | 17 | €15,344 | €3,769 | -€11,574 | -75.4% |
| Financial debts | 170/4 | €15,344 | €3,769 | -€11,574 | -75.4% |
| Amounts payable within one year | 42/48 | €18,044 | €15,555 | -€2,488 | -13.8% |
| Current portion of amounts payable after more than one year | 42 | €8,017 | €3,403 | -€4,614 | -57.6% |
| Financial debts | 43 | - | €61 | +€61 | |
| Credit institutions | 430/8 | - | €61 | +€61 | |
| Trade debts | 44 | €3,525 | €723 | -€2,802 | -79.5% |
| Suppliers | 440/4 | €3,525 | €723 | -€2,802 | -79.5% |
| Advances received on contracts in progress | 46 | €4,058 | €6,720 | +€2,662 | +65.6% |
| Taxes, remuneration and social security | 45 | €2,444 | €4,648 | +€2,204 | +90.2% |
| Taxes | 450/3 | €2,444 | €4,648 | +€2,204 | +90.2% |
| Turnover | 70 | €72,931 | €2,200 | -€70,731 | -97.0% |
| Non-recurring operating income | 76A | €5,466 | - | -€5,466 | |
| Goods, raw materials, services and sundry goods | 60/61 | €64,129 | €7,939 | -€56,191 | -87.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,467 | €930 | -€6,536 | -87.5% |
| Other operating charges | 640/8 | €462 | €903 | +€441 | +95.4% |
| Non-recurring operating charges | 66A | €474 | €120 | -€354 | -74.7% |
| Gross operating margin | 9900 | €14,268 | -€5,738 | -€20,006 | |
| Operating profit (loss) | 9901 | €5,865 | -€7,692 | -€13,557 | |
| Financial income | 75/76B | €2 | €1 | -€1 | -53.4% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -53.4% |
| Financial charges | 65/66B | €1,735 | €536 | -€1,199 | -69.1% |
| Recurring financial charges | 65 | €1,735 | €536 | -€1,199 | -69.1% |
| Profit (loss) for the period before taxes | 9903 | €4,132 | -€8,226 | -€12,359 | |
| Profit (loss) for the period | 9904 | €4,132 | -€8,226 | -€12,359 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,132 | -€8,226 | -€12,359 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.