GO EXPRESS GO TRANS: what changed
What changed
GO EXPRESS GO TRANS
NACE 52.250, Logistics services
filed annual accounts (NBB)
Net result for the year
-€108,823
2024 · €131,290-€240,113
Equity
€86,023
2024 · €194,846-€108,823
Cash
€8,033
2024 · €11,646-€3,613
Balance sheet total
€478,319
2024 · €323,008+€155,311
Largest movements
Assets
- Tangible fixed assets +€131,151
up €131,151 (+175%), from €74,756 to €205,907
of which Furniture and vehicles: +€145,498
- Receivables within one year +€27,750
up €27,750 (+12.2%), from €226,965 to €254,715
of which Trade receivables: +€35,073
Equity and liabilities
- Other debts +€117,800
new in 2025: €117,800
- Profit (loss) carried forward -€108,823
down €108,823 (-62.0%), from €175,466 to €66,643
- Debts after one year +€61,719
up €61,719 (+128%), from €48,301 to €110,020
- Current portion of long-term debt +€49,749
up €49,749 (+693%), from €7,181 to €56,930
- Trade debts +€35,902
up €35,902 (+84.2%), from €42,649 to €78,551
Income statement
- Gross operating margin -€372,692
down €372,692 (-82.0%), from €454,289 to €81,597
- Staff costs -€78,810
down €78,810 (-39.1%), from €201,536 to €122,726
- Depreciation +€21,785
up €21,785 (+67.3%), from €32,393 to €54,178
- Taxes -€20,720
down €20,720 (-82.9%), from €25,000 to €4,280
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€131,290
Gross operating margin
-€372,692
Staff costs
+€78,810
Depreciation
-€21,785
Other operating charges
+€336
Other operating items
+€49,160
Financial income
+€1,014
Financial charges
+€4,324
Taxes
+€20,720
Result 2025
-€108,823
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€70,207
Investment
-€185,288
Financing
+€111,468
Cash 2024
€11,646
From operations (derived)
+€70,207
Net result for the year
-€108,823
Depreciation
+€54,178
Receivables within one year
-€27,750
Deferred charges and accrued income
-€64
Trade debts
+€35,902
Tax, wage and social debts
-€1,036
Other debts
+€117,800
Investment (derived)
-€185,288
Investment in fixed assets (net)
-€185,288
Financing
+€111,468
Debts after one year
+€61,719
Current portion of long-term debt
+€49,749
Cash 2025
€8,033
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €323,008 | €478,319 | +€155,311 | +48.1% |
| Formation expenses | 20 | €41 | - | -€41 | |
| Fixed assets | 21/28 | €84,356 | €215,507 | +€131,151 | +155% |
| Tangible fixed assets | 22/27 | €74,756 | €205,907 | +€131,151 | +175% |
| Plant, machinery and equipment | 23 | €13,699 | €1,081 | -€12,618 | -92.1% |
| Furniture and vehicles | 24 | €56,365 | €201,863 | +€145,498 | +258% |
| Leasing and similar rights | 25 | €4,692 | - | -€4,692 | |
| Other tangible fixed assets | 26 | - | €2,963 | +€2,963 | |
| Financial fixed assets | 28 | €9,600 | €9,600 | = | 0.0% |
| Current assets | 29/58 | €238,611 | €262,812 | +€24,201 | +10.1% |
| Amounts receivable within one year | 40/41 | €226,965 | €254,715 | +€27,750 | +12.2% |
| Trade receivables | 40 | €123,487 | €158,560 | +€35,073 | +28.4% |
| Other amounts receivable | 41 | €103,478 | €96,155 | -€7,323 | -7.1% |
| Cash at bank and in hand | 54/58 | €11,646 | €8,033 | -€3,613 | -31.0% |
| Deferred charges and accrued income | 490/1 | - | €64 | +€64 | |
| Total equity and liabilities | 10/49 | €323,008 | €478,319 | +€155,311 | +48.1% |
| Equity | 10/15 | €194,846 | €86,023 | -€108,823 | -55.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €780 | €780 | = | 0.0% |
| Non-distributable reserves | 130/1 | €780 | €780 | = | 0.0% |
| Reserves not available under the articles | 1311 | €780 | €780 | = | 0.0% |
| Profit (loss) carried forward | 14 | €175,466 | €66,643 | -€108,823 | -62.0% |
| Amounts payable | 17/49 | €128,162 | €392,296 | +€264,134 | +206% |
| Amounts payable after more than one year | 17 | €48,301 | €110,020 | +€61,719 | +128% |
| Financial debts | 170/4 | €48,301 | €110,020 | +€61,719 | +128% |
| Amounts payable within one year | 42/48 | €79,861 | €282,276 | +€202,415 | +253% |
| Current portion of amounts payable after more than one year | 42 | €7,181 | €56,930 | +€49,749 | +693% |
| Trade debts | 44 | €42,649 | €78,551 | +€35,902 | +84.2% |
| Suppliers | 440/4 | €42,649 | €78,551 | +€35,902 | +84.2% |
| Taxes, remuneration and social security | 45 | €30,031 | €28,995 | -€1,036 | -3.4% |
| Taxes | 450/3 | €12,193 | - | -€12,193 | |
| Remuneration and social security | 454/9 | €17,838 | €28,995 | +€11,157 | +62.5% |
| Other amounts payable | 47/48 | - | €117,800 | +€117,800 | |
| Remuneration, social security and pensions | 62 | €201,536 | €122,726 | -€78,810 | -39.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,393 | €54,178 | +€21,785 | +67.3% |
| Other operating charges | 640/8 | €5,110 | €4,774 | -€336 | -6.6% |
| Non-recurring operating charges | 66A | €49,760 | €600 | -€49,160 | -98.8% |
| Gross operating margin | 9900 | €454,289 | €81,597 | -€372,692 | -82.0% |
| Operating profit (loss) | 9901 | €165,490 | -€100,681 | -€266,171 | |
| Financial income | 75/76B | - | €1,014 | +€1,014 | |
| Recurring financial income | 75 | - | €1,014 | +€1,014 | |
| Financial charges | 65/66B | €9,200 | €4,876 | -€4,324 | -47.0% |
| Recurring financial charges | 65 | €9,200 | €4,876 | -€4,324 | -47.0% |
| Profit (loss) for the period before taxes | 9903 | €156,290 | -€104,543 | -€260,833 | |
| Income taxes | 67/77 | €25,000 | €4,280 | -€20,720 | -82.9% |
| Profit (loss) for the period | 9904 | €131,290 | -€108,823 | -€240,113 | |
| Profit (loss) for the period to be appropriated | 9905 | €131,290 | -€108,823 | -€240,113 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.