GENERAL TRADING UNIVERSAL: 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.
GENERAL TRADING UNIVERSAL
Largest movements
- Cash -€37,134
down €37,134 (-76.2%), from €48,740 to €11,606
mainly Other debts (-€51,725) and Tax, wage and social debts (-€3,766)
- Receivables within one year -€8,220
down €8,220 (-78.3%), from €10,501 to €2,282
of which Other amounts receivable: -€10,501
- Tangible fixed assets -€5,498
down €5,498 (-14.6%), from €37,574 to €32,076
of which Furniture and vehicles: -€4,133
- Other debts -€51,725
down €51,725 (-54.4%), from €95,000 to €43,275
- Reserves +€5,000
up €5,000 (+8.6%), from €57,914 to €62,914
of which Distributable reserves: +€5,000
- Tax, wage and social debts -€3,766
down €3,766 (-38.2%), from €9,847 to €6,081
of which Taxes: -€9,847
- Gross operating margin +€763
up €763 (+8.9%), from €8,584 to €9,347
- Financial income -€716
down €716 (-8.1%), from €8,851 to €8,135
- Other operating charges +€552
up €552 (+20.5%), from €2,689 to €3,241
- Taxes +€503
up €503 (+15.8%), from €3,175 to €3,678
- Purchases and services -€424
down €424 (-5.0%), from €8,466 to €8,042
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 | €96,861 | €46,009 | -€50,852 | -52.5% |
| Fixed assets | 21/28 | €37,619 | €32,121 | -€5,498 | -14.6% |
| Tangible fixed assets | 22/27 | €37,574 | €32,076 | -€5,498 | -14.6% |
| Land and buildings | 22 | €23,721 | €23,256 | -€465 | -2.0% |
| Plant, machinery and equipment | 23 | €1,477 | €577 | -€900 | -60.9% |
| Furniture and vehicles | 24 | €12,376 | €8,243 | -€4,133 | -33.4% |
| Financial fixed assets | 28 | €45 | €45 | = | 0.0% |
| Current assets | 29/58 | €59,242 | €13,888 | -€45,354 | -76.6% |
| Amounts receivable within one year | 40/41 | €10,501 | €2,282 | -€8,220 | -78.3% |
| Trade receivables | 40 | - | €2,282 | +€2,282 | |
| Other amounts receivable | 41 | €10,501 | - | -€10,501 | |
| Cash at bank and in hand | 54/58 | €48,740 | €11,606 | -€37,134 | -76.2% |
| Total equity and liabilities | 10/49 | €96,861 | €46,009 | -€50,852 | -52.5% |
| Equity | 10/15 | -€8,413 | -€3,347 | +€5,066 | +60.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €57,914 | €62,914 | +€5,000 | +8.6% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €40,814 | €40,814 | = | 0.0% |
| Distributable reserves | 133 | €10,900 | €15,900 | +€5,000 | +45.9% |
| Profit (loss) carried forward | 14 | -€128,327 | -€128,261 | +€66 | +0.1% |
| Amounts payable | 17/49 | €105,273 | €49,356 | -€55,917 | -53.1% |
| Amounts payable within one year | 42/48 | €105,273 | €49,356 | -€55,917 | -53.1% |
| Trade debts | 44 | €426 | - | -€426 | |
| Suppliers | 440/4 | €426 | - | -€426 | |
| Taxes, remuneration and social security | 45 | €9,847 | €6,081 | -€3,766 | -38.2% |
| Taxes | 450/3 | €9,847 | - | -€9,847 | |
| Remuneration and social security | 454/9 | - | €6,081 | +€6,081 | |
| Other amounts payable | 47/48 | €95,000 | €43,275 | -€51,725 | -54.4% |
| Turnover | 70 | €17,050 | €17,389 | +€339 | +2.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €8,466 | €8,042 | -€424 | -5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,569 | €5,498 | -€71 | -1.3% |
| Other operating charges | 640/8 | €2,689 | €3,241 | +€552 | +20.5% |
| Gross operating margin | 9900 | €8,584 | €9,347 | +€763 | +8.9% |
| Operating profit (loss) | 9901 | €325 | €608 | +€283 | +86.9% |
| Financial income | 75/76B | €8,851 | €8,135 | -€716 | -8.1% |
| Recurring financial income | 75 | €8,851 | €8,135 | -€716 | -8.1% |
| Financial charges | 65/66B | - | €0 | +€0 | |
| Recurring financial charges | 65 | - | €0 | +€0 | |
| Profit (loss) for the period before taxes | 9903 | €9,176 | €8,743 | -€433 | -4.7% |
| Income taxes | 67/77 | €3,175 | €3,678 | +€503 | +15.8% |
| Profit (loss) for the period | 9904 | €6,002 | €5,066 | -€936 | -15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,002 | €5,066 | -€936 | -15.6% |
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 25 October 2026 via checked.be.