GGM Remorque: 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.
GGM Remorque
Largest movements
- Cash +€85,065
up €85,065 (+480%), from €17,709 to €102,775
mainly Trade debts (+€105,206) and Tax, wage and social debts (+€26,025)
- Receivables within one year +€62,444
up €62,444 (+123%), from €50,799 to €113,243
of which Trade receivables: +€65,794
- Tangible fixed assets -€24,587
down €24,587 (-16.6%), from €147,923 to €123,336
- Stocks and contracts -€12,357
down €12,357 (-4.2%), from €295,033 to €282,676
- Trade debts +€105,206
up €105,206 (+125%), from €84,160 to €189,366
- Debts after one year -€33,109
down €33,109 (-19.4%), from €171,097 to €137,988
- Tax, wage and social debts +€26,025
up €26,025 (+211%), from €12,342 to €38,367
of which Taxes: +€19,919
- Profit (loss) carried forward +€23,332
up €23,332 (+243%), from €9,602 to €32,934
- Other debts -€12,860
down €12,860 (-8.3%), from €154,862 to €142,003
- Gross operating margin +€40,348
up €40,348 (+43.8%), from €92,047 to €132,396
- Staff costs +€26,334
up €26,334 (+62.6%), from €42,069 to €68,403
- Depreciation -€5,775
down €5,775 (-19.0%), from €30,362 to €24,587
- Taxes +€4,436
up €4,436 (+386%), from €1,150 to €5,586
- Financial charges -€1,944
down €1,944 (-19.3%), from €10,085 to €8,141
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 | €513,341 | €623,588 | +€110,247 | +21.5% |
| Fixed assets | 21/28 | €147,923 | €123,336 | -€24,587 | -16.6% |
| Tangible fixed assets | 22/27 | €147,923 | €123,336 | -€24,587 | -16.6% |
| Plant, machinery and equipment | 23 | €27,870 | €18,580 | -€9,290 | -33.3% |
| Furniture and vehicles | 24 | €1,960 | €40 | -€1,920 | -97.9% |
| Leasing and similar rights | 25 | €25,104 | €18,863 | -€6,242 | -24.9% |
| Other tangible fixed assets | 26 | €92,988 | €85,854 | -€7,135 | -7.7% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €365,417 | €500,251 | +€134,834 | +36.9% |
| Stocks and contracts in progress | 3 | €295,033 | €282,676 | -€12,357 | -4.2% |
| Stocks | 30/36 | €295,033 | €282,676 | -€12,357 | -4.2% |
| Amounts receivable within one year | 40/41 | €50,799 | €113,243 | +€62,444 | +123% |
| Trade receivables | 40 | €47,449 | €113,243 | +€65,794 | +139% |
| Other amounts receivable | 41 | €3,350 | €0 | -€3,350 | -100% |
| Cash at bank and in hand | 54/58 | €17,709 | €102,775 | +€85,065 | +480% |
| Deferred charges and accrued income | 490/1 | €1,876 | €1,557 | -€319 | -17.0% |
| Total equity and liabilities | 10/49 | €513,341 | €623,588 | +€110,247 | +21.5% |
| Equity | 10/15 | €59,602 | €82,934 | +€23,332 | +39.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,602 | €32,934 | +€23,332 | +243% |
| Amounts payable | 17/49 | €453,739 | €540,654 | +€86,915 | +19.2% |
| Amounts payable after more than one year | 17 | €171,097 | €137,988 | -€33,109 | -19.4% |
| Financial debts | 170/4 | €171,097 | €137,988 | -€33,109 | -19.4% |
| Amounts payable within one year | 42/48 | €282,642 | €402,666 | +€120,024 | +42.5% |
| Current portion of amounts payable after more than one year | 42 | €31,278 | €32,930 | +€1,653 | +5.3% |
| Trade debts | 44 | €84,160 | €189,366 | +€105,206 | +125% |
| Suppliers | 440/4 | €84,160 | €189,366 | +€105,206 | +125% |
| Taxes, remuneration and social security | 45 | €12,342 | €38,367 | +€26,025 | +211% |
| Taxes | 450/3 | €9,364 | €29,284 | +€19,919 | +213% |
| Remuneration and social security | 454/9 | €2,978 | €9,083 | +€6,105 | +205% |
| Other amounts payable | 47/48 | €154,862 | €142,003 | -€12,860 | -8.3% |
| Remuneration, social security and pensions | 62 | €42,069 | €68,403 | +€26,334 | +62.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,362 | €24,587 | -€5,775 | -19.0% |
| Other operating charges | 640/8 | €2,683 | €2,518 | -€164 | -6.1% |
| Non-recurring operating charges | 66A | €2,370 | €0 | -€2,370 | -100% |
| Gross operating margin | 9900 | €92,047 | €132,396 | +€40,348 | +43.8% |
| Operating profit (loss) | 9901 | €14,563 | €36,887 | +€22,324 | +153% |
| Financial income | 75/76B | €1,271 | €171 | -€1,100 | -86.5% |
| Recurring financial income | 75 | €1,271 | €171 | -€1,100 | -86.5% |
| Financial charges | 65/66B | €10,085 | €8,141 | -€1,944 | -19.3% |
| Recurring financial charges | 65 | €10,085 | €8,141 | -€1,944 | -19.3% |
| Profit (loss) for the period before taxes | 9903 | €5,749 | €28,918 | +€23,168 | +403% |
| Income taxes | 67/77 | €1,150 | €5,586 | +€4,436 | +386% |
| Profit (loss) for the period | 9904 | €4,599 | €23,332 | +€18,733 | +407% |
| Profit (loss) for the period to be appropriated | 9905 | €4,599 | €23,332 | +€18,733 | +407% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.