G-TRUCKS: 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-TRUCKS
Largest movements
- Tangible fixed assets +€112,860
up €112,860 (+5286.8%), from €2,135 to €114,995
of which Furniture and vehicles: +€110,976
- Stocks and contracts +€32,393
up €32,393 (+39.5%), from €82,086 to €114,479
- Receivables within one year +€30,804
up €30,804 (+445.9%), from €6,908 to €37,712
of which Other amounts receivable: +€15,910
- Cash +€22,268
up €22,268 (+11.9%), from €186,984 to €209,252
mainly Other debts (+€255,305) and Net result for the year (+€84,288)
- Other debts +€255,305
up €255,305 (+226.1%), from €112,913 to €368,218
- Profit (loss) carried forward -€155,796
no longer reported in 2025 (was €155,796)
- Debts after one year +€69,821
new in 2025: €69,821
- Current portion of long-term debt +€30,519
new in 2025: €30,519
- Gross operating margin +€69,319
up €69,319 (+61.8%), from €112,144 to €181,463
- Staff costs +€40,039
new in 2025: €40,039
- Depreciation +€24,115
up €24,115 (+1633.0%), from €1,477 to €25,592
- Financial charges +€5,227
up €5,227 (+6611.5%), from €79 to €5,306
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.
Cash bridge derived
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 | €279,876 | €482,337 | +€202,462 | +72.3% |
| Fixed assets | 21/28 | €2,135 | €114,995 | +€112,860 | +5286.8% |
| Tangible fixed assets | 22/27 | €2,135 | €114,995 | +€112,860 | +5286.8% |
| Plant, machinery and equipment | 23 | - | €1,883 | +€1,883 | |
| Furniture and vehicles | 24 | €2,135 | €113,111 | +€110,976 | +5198.6% |
| Current assets | 29/58 | €277,741 | €367,343 | +€89,602 | +32.3% |
| Stocks and contracts in progress | 3 | €82,086 | €114,479 | +€32,393 | +39.5% |
| Stocks | 30/36 | €82,086 | €114,479 | +€32,393 | +39.5% |
| Amounts receivable within one year | 40/41 | €6,908 | €37,712 | +€30,804 | +445.9% |
| Trade receivables | 40 | €6,908 | €21,802 | +€14,894 | +215.6% |
| Other amounts receivable | 41 | - | €15,910 | +€15,910 | |
| Cash at bank and in hand | 54/58 | €186,984 | €209,252 | +€22,268 | +11.9% |
| Deferred charges and accrued income | 490/1 | €1,763 | €5,900 | +€4,137 | +234.6% |
| Total equity and liabilities | 10/49 | €279,876 | €482,337 | +€202,462 | +72.3% |
| Equity | 10/15 | €158,296 | €2,500 | -€155,796 | -98.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €155,796 | - | -€155,796 | |
| Amounts payable | 17/49 | €121,579 | €479,837 | +€358,258 | +294.7% |
| Amounts payable after more than one year | 17 | - | €69,821 | +€69,821 | |
| Financial debts | 170/4 | - | €69,821 | +€69,821 | |
| Amounts payable within one year | 42/48 | €121,489 | €409,502 | +€288,013 | +237.1% |
| Current portion of amounts payable after more than one year | 42 | - | €30,519 | +€30,519 | |
| Trade debts | 44 | €2,915 | €2,456 | -€459 | -15.7% |
| Suppliers | 440/4 | €2,915 | €2,456 | -€459 | -15.7% |
| Taxes, remuneration and social security | 45 | €5,662 | €8,309 | +€2,647 | +46.8% |
| Taxes | 450/3 | €5,662 | €5,535 | -€127 | -2.2% |
| Remuneration and social security | 454/9 | - | €2,774 | +€2,774 | |
| Other amounts payable | 47/48 | €112,913 | €368,218 | +€255,305 | +226.1% |
| Accrued charges and deferred income | 492/3 | €90 | €514 | +€424 | +471.4% |
| Non-recurring operating income | 76A | - | €2,977 | +€2,977 | |
| Remuneration, social security and pensions | 62 | - | €40,039 | +€40,039 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,477 | €25,592 | +€24,115 | +1633.0% |
| Other operating charges | 640/8 | €2,867 | €1,650 | -€1,217 | -42.5% |
| Non-recurring operating charges | 66A | - | €369 | +€369 | |
| Gross operating margin | 9900 | €112,144 | €181,463 | +€69,319 | +61.8% |
| Operating profit (loss) | 9901 | €107,801 | €113,814 | +€6,013 | +5.6% |
| Financial income | 75/76B | €0 | €6 | +€6 | +1494.9% |
| Recurring financial income | 75 | €0 | €6 | +€6 | +1494.9% |
| Financial charges | 65/66B | €79 | €5,306 | +€5,227 | +6611.5% |
| Recurring financial charges | 65 | €79 | €5,306 | +€5,227 | +6611.5% |
| Profit (loss) for the period before taxes | 9903 | €107,722 | €108,514 | +€792 | +0.7% |
| Income taxes | 67/77 | €22,712 | €24,226 | +€1,514 | +6.7% |
| Profit (loss) for the period | 9904 | €85,010 | €84,288 | -€722 | -0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €85,010 | €84,288 | -€722 | -0.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.