GADI 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.
GADI TRANS
Largest movements
- Receivables within one year +€12,413
up €12,413 (+71.1%), from €17,453 to €29,866
of which Trade receivables: +€16,318
- Deferred charges and accrued income -€5,722
down €5,722 (-89.9%), from €6,367 to €645
- Tangible fixed assets -€1,426
down €1,426 (-8.3%), from €17,221 to €15,795
of which Leasing and similar rights: -€3,391
- Cash +€1,037
up €1,037 (+15.9%), from €6,541 to €7,579
mainly Net result for the year (+€24,100) and Tax, wage and social debts (+€11,434)
- Other debts -€25,542
down €25,542 (-93.0%), from €27,454 to €1,911
- Profit (loss) carried forward +€24,100
up €24,100 (+157%), from €15,361 to €39,461
- Tax, wage and social debts +€11,434
up €11,434 (+331%), from €3,457 to €14,891
- Trade debts -€3,689
down €3,689 (-23.8%), from €15,509 to €11,821
- Gross operating margin +€37,970
up €37,970 (+295%), from €12,876 to €50,846
- Taxes +€10,872
up €10,872 (+659%), from €1,649 to €12,521
- Other operating charges +€3,596
up €3,596 (+113%), from €3,182 to €6,778
- Depreciation +€3,183
up €3,183 (+125%), from €2,543 to €5,726
- Financial charges -€789
down €789 (-25.9%), from €3,045 to €2,255
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 | €63,081 | €69,384 | +€6,303 | +10.0% |
| Fixed assets | 21/28 | €32,721 | €31,295 | -€1,426 | -4.4% |
| Tangible fixed assets | 22/27 | €17,221 | €15,795 | -€1,426 | -8.3% |
| Furniture and vehicles | 24 | €2,699 | €4,664 | +€1,965 | +72.8% |
| Leasing and similar rights | 25 | €14,522 | €11,130 | -€3,391 | -23.4% |
| Financial fixed assets | 28 | €15,500 | €15,500 | = | 0.0% |
| Current assets | 29/58 | €30,361 | €38,089 | +€7,729 | +25.5% |
| Amounts receivable within one year | 40/41 | €17,453 | €29,866 | +€12,413 | +71.1% |
| Trade receivables | 40 | €13,548 | €29,866 | +€16,318 | +120% |
| Other amounts receivable | 41 | €3,905 | - | -€3,905 | |
| Cash at bank and in hand | 54/58 | €6,541 | €7,579 | +€1,037 | +15.9% |
| Deferred charges and accrued income | 490/1 | €6,367 | €645 | -€5,722 | -89.9% |
| Total equity and liabilities | 10/49 | €63,081 | €69,384 | +€6,303 | +10.0% |
| Equity | 10/15 | €16,661 | €40,761 | +€24,100 | +145% |
| Contributions | 10/11 | €1,300 | €1,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,361 | €39,461 | +€24,100 | +157% |
| Amounts payable | 17/49 | €46,420 | €28,623 | -€17,797 | -38.3% |
| Amounts payable within one year | 42/48 | €46,420 | €28,623 | -€17,797 | -38.3% |
| Trade debts | 44 | €15,509 | €11,821 | -€3,689 | -23.8% |
| Suppliers | 440/4 | €15,509 | €11,821 | -€3,689 | -23.8% |
| Taxes, remuneration and social security | 45 | €3,457 | €14,891 | +€11,434 | +331% |
| Taxes | 450/3 | €3,457 | €14,891 | +€11,434 | +331% |
| Other amounts payable | 47/48 | €27,454 | €1,911 | -€25,542 | -93.0% |
| Remuneration, social security and pensions | 62 | €383 | €170 | -€213 | -55.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,543 | €5,726 | +€3,183 | +125% |
| Other operating charges | 640/8 | €3,182 | €6,778 | +€3,596 | +113% |
| Gross operating margin | 9900 | €12,876 | €50,846 | +€37,970 | +295% |
| Operating profit (loss) | 9901 | €6,769 | €38,172 | +€31,404 | +464% |
| Financial income | 75/76B | €230 | €704 | +€475 | +207% |
| Recurring financial income | 75 | €230 | €704 | +€475 | +207% |
| Financial charges | 65/66B | €3,045 | €2,255 | -€789 | -25.9% |
| Recurring financial charges | 65 | €3,045 | €2,255 | -€789 | -25.9% |
| Profit (loss) for the period before taxes | 9903 | €3,954 | €36,621 | +€32,667 | +826% |
| Income taxes | 67/77 | €1,649 | €12,521 | +€10,872 | +659% |
| Profit (loss) for the period | 9904 | €2,305 | €24,100 | +€21,795 | +946% |
| Profit (loss) for the period to be appropriated | 9905 | €2,305 | €24,100 | +€21,795 | +946% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.