GEDEN 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.
GEDEN TRANS
Largest movements
- Cash +€38,050
up €38,050 (+128%), from €29,821 to €67,872
mainly Other debts (+€41,721) and Net result for the year (+€35,202)
- Receivables within one year -€3,275
down €3,275 (-16.4%), from €20,005 to €16,730
of which Trade receivables: -€3,671
- Tangible fixed assets -€1,895
down €1,895 (-31.8%), from €5,963 to €4,069
- Other debts +€41,721
up €41,721 (+528%), from €7,900 to €49,621
- Trade debts -€6,135
down €6,135 (-74.3%), from €8,254 to €2,119
- Profit (loss) carried forward -€4,798
down €4,798 (-38.5%), from €12,450 to €7,651
- Tax, wage and social debts +€2,430
up €2,430 (+15.7%), from €15,525 to €17,954
of which Remuneration and social security: +€3,984
- Gross operating margin +€24,150
up €24,150 (+60.4%), from €39,959 to €64,109
- Taxes +€5,559
up €5,559 (+111%), from €4,989 to €10,548
- Depreciation +€2,117
up €2,117 (+115%), from €1,847 to €3,963
- Other operating charges +€1,922
up €1,922 (+17.0%), from €11,331 to €13,253
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 | €64,925 | €97,805 | +€32,880 | +50.6% |
| Fixed assets | 21/28 | €15,098 | €13,204 | -€1,895 | -12.5% |
| Tangible fixed assets | 22/27 | €5,963 | €4,069 | -€1,895 | -31.8% |
| Furniture and vehicles | 24 | €5,963 | €4,069 | -€1,895 | -31.8% |
| Financial fixed assets | 28 | €9,135 | €9,135 | = | 0.0% |
| Current assets | 29/58 | €49,827 | €84,602 | +€34,775 | +69.8% |
| Amounts receivable within one year | 40/41 | €20,005 | €16,730 | -€3,275 | -16.4% |
| Trade receivables | 40 | €20,005 | €16,334 | -€3,671 | -18.4% |
| Other amounts receivable | 41 | - | €396 | +€396 | |
| Cash at bank and in hand | 54/58 | €29,821 | €67,872 | +€38,050 | +128% |
| Total equity and liabilities | 10/49 | €64,925 | €97,805 | +€32,880 | +50.6% |
| Equity | 10/15 | €32,910 | €28,111 | -€4,798 | -14.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,450 | €7,651 | -€4,798 | -38.5% |
| Amounts payable | 17/49 | €32,015 | €69,694 | +€37,679 | +118% |
| Amounts payable within one year | 42/48 | €31,678 | €69,694 | +€38,016 | +120% |
| Trade debts | 44 | €8,254 | €2,119 | -€6,135 | -74.3% |
| Suppliers | 440/4 | €8,254 | €2,119 | -€6,135 | -74.3% |
| Taxes, remuneration and social security | 45 | €15,525 | €17,954 | +€2,430 | +15.7% |
| Taxes | 450/3 | €15,508 | €13,954 | -€1,554 | -10.0% |
| Remuneration and social security | 454/9 | €16 | €4,000 | +€3,984 | +24,275% |
| Other amounts payable | 47/48 | €7,900 | €49,621 | +€41,721 | +528% |
| Accrued charges and deferred income | 492/3 | €337 | - | -€337 | |
| Remuneration, social security and pensions | 62 | €60 | - | -€60 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,847 | €3,963 | +€2,117 | +115% |
| Other operating charges | 640/8 | €11,331 | €13,253 | +€1,922 | +17.0% |
| Non-recurring operating charges | 66A | €385 | €810 | +€426 | +111% |
| Gross operating margin | 9900 | €39,959 | €64,109 | +€24,150 | +60.4% |
| Operating profit (loss) | 9901 | €26,337 | €46,082 | +€19,745 | +75.0% |
| Financial charges | 65/66B | €418 | €332 | -€86 | -20.6% |
| Recurring financial charges | 65 | €418 | €332 | -€86 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €25,918 | €45,750 | +€19,832 | +76.5% |
| Income taxes | 67/77 | €4,989 | €10,548 | +€5,559 | +111% |
| Profit (loss) for the period | 9904 | €20,929 | €35,202 | +€14,273 | +68.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,929 | €35,202 | +€14,273 | +68.2% |
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 1 November 2026 via checked.be.