GENERAL TRANS SERVICES: 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 TRANS SERVICES
Largest movements
- Receivables within one year +€10,033
new in 2025: €10,033
of which Trade receivables: +€8,191
- Tangible fixed assets +€6,218
up €6,218 (+34.7%), from €17,921 to €24,139
of which Leasing and similar rights: +€22,607
- Cash +€1,894
up €1,894 (+21.2%), from €8,935 to €10,829
mainly Debts after one year (+€19,601) and Depreciation (+€12,184)
- Debts after one year +€19,601
new in 2025: €19,601
- Other debts -€9,480
down €9,480 (-85.4%), from €11,105 to €1,625
- Current portion of long-term debt +€5,880
new in 2025: €5,880
- Trade debts +€3,133
up €3,133 (+147.2%), from €2,128 to €5,261
- Accrued charges and deferred income -€2,585
no longer reported in 2025 (was €2,585)
- Staff costs -€54,257
down €54,257 (-71.7%), from €75,660 to €21,402
- Gross operating margin -€38,769
down €38,769 (-46.8%), from €82,863 to €44,094
- Depreciation +€7,717
up €7,717 (+172.7%), from €4,467 to €12,184
- Other operating charges +€2,672
up €2,672 (+177.3%), from €1,507 to €4,179
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 | €26,934 | €45,079 | +€18,144 | +67.4% |
| Fixed assets | 21/28 | €17,999 | €24,217 | +€6,218 | +34.5% |
| Tangible fixed assets | 22/27 | €17,921 | €24,139 | +€6,218 | +34.7% |
| Plant, machinery and equipment | 23 | €2,412 | €1,532 | -€880 | -36.5% |
| Furniture and vehicles | 24 | €15,509 | - | -€15,509 | |
| Leasing and similar rights | 25 | - | €22,607 | +€22,607 | |
| Financial fixed assets | 28 | €78 | €78 | = | 0.0% |
| Current assets | 29/58 | €8,935 | €20,862 | +€11,927 | +133.5% |
| Amounts receivable within one year | 40/41 | - | €10,033 | +€10,033 | |
| Trade receivables | 40 | - | €8,191 | +€8,191 | |
| Other amounts receivable | 41 | - | €1,841 | +€1,841 | |
| Cash at bank and in hand | 54/58 | €8,935 | €10,829 | +€1,894 | +21.2% |
| Total equity and liabilities | 10/49 | €26,934 | €45,079 | +€18,144 | +67.4% |
| Equity | 10/15 | €6,758 | €7,062 | +€304 | +4.5% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,242 | -€938 | +€304 | +24.5% |
| Amounts payable | 17/49 | €20,177 | €38,017 | +€17,840 | +88.4% |
| Amounts payable after more than one year | 17 | - | €19,601 | +€19,601 | |
| Financial debts | 170/4 | - | €19,601 | +€19,601 | |
| Amounts payable within one year | 42/48 | €17,592 | €18,416 | +€824 | +4.7% |
| Current portion of amounts payable after more than one year | 42 | - | €5,880 | +€5,880 | |
| Trade debts | 44 | €2,128 | €5,261 | +€3,133 | +147.2% |
| Suppliers | 440/4 | €2,128 | €5,261 | +€3,133 | +147.2% |
| Taxes, remuneration and social security | 45 | €4,359 | €5,650 | +€1,291 | +29.6% |
| Taxes | 450/3 | €4,027 | - | -€4,027 | |
| Remuneration and social security | 454/9 | €332 | €5,650 | +€5,318 | +1604.2% |
| Other amounts payable | 47/48 | €11,105 | €1,625 | -€9,480 | -85.4% |
| Accrued charges and deferred income | 492/3 | €2,585 | - | -€2,585 | |
| Remuneration, social security and pensions | 62 | €75,660 | €21,402 | -€54,257 | -71.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,467 | €12,184 | +€7,717 | +172.7% |
| Other operating charges | 640/8 | €1,507 | €4,179 | +€2,672 | +177.3% |
| Non-recurring operating charges | 66A | €9,702 | €5,898 | -€3,804 | -39.2% |
| Gross operating margin | 9900 | €82,863 | €44,094 | -€38,769 | -46.8% |
| Operating profit (loss) | 9901 | -€8,473 | €431 | +€8,905 | |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €159 | €132 | -€28 | -17.3% |
| Recurring financial charges | 65 | €159 | €132 | -€28 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | -€8,633 | €304 | +€8,937 | |
| Profit (loss) for the period | 9904 | -€8,633 | €304 | +€8,937 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,633 | €304 | +€8,937 |
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 10 October 2026 via checked.be.