G-TRANSPORT: what changed
G-TRANSPORT
Largest movements
- Receivables within one year -€10,180
down €10,180 (-48.5%), from €20,995 to €10,815
of which Trade receivables: -€9,900
- Tangible fixed assets -€9,963
down €9,963 (-30.4%), from €32,761 to €22,798
of which Leasing and similar rights: -€31,945
- Cash +€5,294
up €5,294 (+155%), from €3,407 to €8,701
mainly Receivables within one year (+€10,180) and Depreciation (+€9,963)
- Financial fixed assets +€1,000
up €1,000 (+11.1%), from €9,000 to €10,000
- Current portion of long-term debt -€16,406
no longer reported in 2025 (was €16,406)
- Reserves +€4,865
new in 2025: €4,865
- Trade debts -€2,329
down €2,329 (-38.8%), from €6,002 to €3,673
- Gross operating margin +€4,734
up €4,734 (+36.3%), from €13,054 to €17,789
- Write-downs -€2,830
no longer reported in 2025 (was €2,830)
- Taxes +€1,875
new in 2025: €1,875
- Other operating charges +€893
up €893 (+757%), from €118 to €1,011
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €66,441 | €52,554 | -€13,887 | -20.9% |
| Fixed assets | 21/28 | €41,761 | €32,798 | -€8,963 | -21.5% |
| Tangible fixed assets | 22/27 | €32,761 | €22,798 | -€9,963 | -30.4% |
| Furniture and vehicles | 24 | €815 | €22,798 | +€21,983 | +2,696% |
| Leasing and similar rights | 25 | €31,945 | - | -€31,945 | |
| Financial fixed assets | 28 | €9,000 | €10,000 | +€1,000 | +11.1% |
| Current assets | 29/58 | €24,680 | €19,756 | -€4,924 | -20.0% |
| Amounts receivable within one year | 40/41 | €20,995 | €10,815 | -€10,180 | -48.5% |
| Trade receivables | 40 | €18,753 | €8,853 | -€9,900 | -52.8% |
| Other amounts receivable | 41 | €2,242 | €1,962 | -€280 | -12.5% |
| Cash at bank and in hand | 54/58 | €3,407 | €8,701 | +€5,294 | +155% |
| Deferred charges and accrued income | 490/1 | €279 | €240 | -€38 | -13.8% |
| Total equity and liabilities | 10/49 | €66,441 | €52,554 | -€13,887 | -20.9% |
| Equity | 10/15 | €22,733 | €27,598 | +€4,865 | +21.4% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | - | €4,865 | +€4,865 | |
| Distributable reserves | 133 | - | €4,865 | +€4,865 | |
| Profit (loss) carried forward | 14 | €7,733 | €7,733 | = | 0.0% |
| Amounts payable | 17/49 | €43,708 | €24,956 | -€18,752 | -42.9% |
| Amounts payable within one year | 42/48 | €43,708 | €24,956 | -€18,752 | -42.9% |
| Current portion of amounts payable after more than one year | 42 | €16,406 | - | -€16,406 | |
| Trade debts | 44 | €6,002 | €3,673 | -€2,329 | -38.8% |
| Suppliers | 440/4 | €6,002 | €3,673 | -€2,329 | -38.8% |
| Taxes, remuneration and social security | 45 | €1,965 | €1,864 | -€101 | -5.1% |
| Taxes | 450/3 | €1,965 | €1,864 | -€101 | -5.1% |
| Other amounts payable | 47/48 | €19,335 | €19,419 | +€84 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,963 | €9,963 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,830 | - | -€2,830 | |
| Other operating charges | 640/8 | €118 | €1,011 | +€893 | +757% |
| Gross operating margin | 9900 | €13,054 | €17,789 | +€4,734 | +36.3% |
| Operating profit (loss) | 9901 | €143 | €6,815 | +€6,671 | +4,650% |
| Financial charges | 65/66B | €85 | €74 | -€11 | -12.4% |
| Recurring financial charges | 65 | €85 | €74 | -€11 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €58 | €6,740 | +€6,682 | +11,434% |
| Income taxes | 67/77 | - | €1,875 | +€1,875 | |
| Profit (loss) for the period | 9904 | €58 | €4,865 | +€4,807 | +8,225% |
| Profit (loss) for the period to be appropriated | 9905 | €58 | €4,865 | +€4,807 | +8,225% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.