Gijsels: what changed
Two fiscal 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.
What changed
Gijsels
NACE 49.410, Freight transport by road
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€881
2024 · €7,474-€6,593
Equity
€601,490
2024 · €600,609+€881
Cash
€60,984
2024 · €54,357+€6,627
Balance sheet total
€1.6m
2024 · €1.7m-€65,121
Largest movements
Assets
- Tangible fixed assets -€135,159
down €135,159 (-15.4%), from €875,150 to €739,991
of which Leasing and similar rights: -€88,514
- Receivables within one year +€63,410
up €63,410 (+8.2%), from €769,610 to €833,020
of which Trade receivables: +€60,038
Equity and liabilities
- Debts after one year -€101,021
down €101,021 (-23.6%), from €428,635 to €327,614
- Trade debts +€44,727
up €44,727 (+19.0%), from €235,113 to €279,840
- Current portion of long-term debt -€19,693
down €19,693 (-8.4%), from €233,956 to €214,263
Income statement
- Gross operating margin -€71,824
down €71,824 (-7.8%), from €916,116 to €844,292
- Staff costs -€59,309
down €59,309 (-10.3%), from €575,111 to €515,802
- Depreciation -€14,245
down €14,245 (-4.6%), from €307,572 to €293,327
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.
Result 2024
€7,474
Gross operating margin
-€71,824
Staff costs
+€59,309
Depreciation
+€14,245
Other operating charges
+€1,553
Financial income
-€20
Financial charges
-€5,614
Taxes
-€4,242
Result 2025
€881
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.
From operations
+€285,241
Investment
-€158,168
Financing
-€120,446
Cash 2024
€54,357
From operations (derived)
+€285,241
Net result for the year
+€881
Depreciation
+€293,327
Receivables within one year
-€63,410
Trade debts
+€44,727
Tax, wage and social debts
+€7,218
Other debts
+€2,498
Investment (derived)
-€158,168
Investment in fixed assets (net)
-€158,168
Financing
-€120,446
Debts after one year
-€101,021
Current portion of long-term debt
-€19,693
Short-term financial debts
+€268
Cash 2025
€60,984
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,701,816 | €1,636,695 | -€65,121 | -3.8% |
| Fixed assets | 21/28 | €877,850 | €742,691 | -€135,159 | -15.4% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €875,150 | €739,991 | -€135,159 | -15.4% |
| Land and buildings | 22 | €14,970 | €0 | -€14,970 | -100.0% |
| Plant, machinery and equipment | 23 | €117,095 | €91,786 | -€25,309 | -21.6% |
| Furniture and vehicles | 24 | €329,653 | €323,288 | -€6,365 | -1.9% |
| Leasing and similar rights | 25 | €413,431 | €324,917 | -€88,514 | -21.4% |
| Financial fixed assets | 28 | €2,700 | €2,700 | = | 0.0% |
| Current assets | 29/58 | €823,967 | €894,005 | +€70,038 | +8.5% |
| Amounts receivable within one year | 40/41 | €769,610 | €833,020 | +€63,410 | +8.2% |
| Trade receivables | 40 | €746,471 | €806,509 | +€60,038 | +8.0% |
| Other amounts receivable | 41 | €23,138 | €26,511 | +€3,373 | +14.6% |
| Cash at bank and in hand | 54/58 | €54,357 | €60,984 | +€6,627 | +12.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,701,816 | €1,636,695 | -€65,121 | -3.8% |
| Equity | 10/15 | €600,609 | €601,490 | +€881 | +0.1% |
| Contributions | 10/11 | €24,790 | €24,790 | = | 0.0% |
| Revaluation surpluses | 12 | €307,000 | €307,000 | = | 0.0% |
| Reserves | 13 | €261,124 | €261,124 | = | 0.0% |
| Tax-exempt reserves | 132 | €209,536 | €209,536 | = | 0.0% |
| Distributable reserves | 133 | €51,588 | €51,588 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,695 | €8,576 | +€881 | +11.5% |
| Amounts payable | 17/49 | €1,101,207 | €1,035,205 | -€66,002 | -6.0% |
| Amounts payable after more than one year | 17 | €428,635 | €327,614 | -€101,021 | -23.6% |
| Financial debts | 170/4 | €428,635 | €327,614 | -€101,021 | -23.6% |
| Amounts payable within one year | 42/48 | €672,572 | €707,591 | +€35,018 | +5.2% |
| Current portion of amounts payable after more than one year | 42 | €233,956 | €214,263 | -€19,693 | -8.4% |
| Financial debts | 43 | €15,044 | €15,312 | +€268 | +1.8% |
| Credit institutions | 430/8 | €15,044 | €15,312 | +€268 | +1.8% |
| Trade debts | 44 | €235,113 | €279,840 | +€44,727 | +19.0% |
| Suppliers | 440/4 | €235,113 | €279,840 | +€44,727 | +19.0% |
| Taxes, remuneration and social security | 45 | €86,395 | €93,613 | +€7,218 | +8.4% |
| Taxes | 450/3 | €10,090 | €5,667 | -€4,423 | -43.8% |
| Remuneration and social security | 454/9 | €76,304 | €87,946 | +€11,642 | +15.3% |
| Other amounts payable | 47/48 | €102,065 | €104,563 | +€2,498 | +2.4% |
| Non-recurring operating income | 76A | €28,000 | €31,250 | +€3,250 | +11.6% |
| Remuneration, social security and pensions | 62 | €575,111 | €515,802 | -€59,309 | -10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €307,572 | €293,327 | -€14,245 | -4.6% |
| Other operating charges | 640/8 | €3,660 | €2,108 | -€1,553 | -42.4% |
| Gross operating margin | 9900 | €916,116 | €844,292 | -€71,824 | -7.8% |
| Operating profit (loss) | 9901 | €29,773 | €33,055 | +€3,283 | +11.0% |
| Financial income | 75/76B | €21 | €1 | -€20 | -97.6% |
| Recurring financial income | 75 | €21 | €1 | -€20 | -97.6% |
| Financial charges | 65/66B | €21,155 | €26,768 | +€5,614 | +26.5% |
| Recurring financial charges | 65 | €21,155 | €26,768 | +€5,614 | +26.5% |
| Profit (loss) for the period before taxes | 9903 | €8,638 | €6,287 | -€2,351 | -27.2% |
| Income taxes | 67/77 | €1,164 | €5,406 | +€4,242 | +364.5% |
| Profit (loss) for the period | 9904 | €7,474 | €881 | -€6,593 | -88.2% |
| Transfer to tax-exempt reserves | 689 | €10,000 | - | -€10,000 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,526 | €881 | +€3,407 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.