GOTRANSBEL: 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.
GOTRANSBEL
Largest movements
- Tangible fixed assets +€37,737
up €37,737 (+1760.8%), from €2,143 to €39,880
of which Furniture and vehicles: +€38,023
- Cash +€12,791
up €12,791 (+126.9%), from €10,082 to €22,873
mainly Debts after one year (+€29,039) and Net result for the year (+€17,656)
- Receivables within one year +€10,718
up €10,718 (+34.4%), from €31,160 to €41,878
of which Other amounts receivable: +€13,155
- Debts after one year +€29,039
new in 2024: €29,039
- Profit (loss) carried forward +€17,656
up €17,656 (+27.8%), from €63,623 to €81,279
- Current portion of long-term debt +€13,472
new in 2024: €13,472
- Tax, wage and social debts +€3,889
up €3,889 (+4493.9%), from €87 to €3,976
- Other debts -€3,400
no longer reported in 2024 (was €3,400)
- Taxes +€8,976
new in 2024: €8,976
- Gross operating margin +€5,640
up €5,640 (+20.3%), from €27,776 to €33,416
- Other operating charges -€1,246
down €1,246 (-20.8%), from €5,997 to €4,750
- Depreciation +€1,151
up €1,151 (+402.7%), from €286 to €1,436
- Financial charges +€425
up €425 (+235.2%), from €180 to €605
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €67,385 | €128,631 | +€61,246 | +90.9% |
| Fixed assets | 21/28 | €26,143 | €63,880 | +€37,737 | +144.3% |
| Tangible fixed assets | 22/27 | €2,143 | €39,880 | +€37,737 | +1760.8% |
| Land and buildings | 22 | €2,143 | €1,857 | -€286 | -13.3% |
| Furniture and vehicles | 24 | - | €38,023 | +€38,023 | |
| Financial fixed assets | 28 | €24,000 | €24,000 | = | 0.0% |
| Current assets | 29/58 | €41,242 | €64,751 | +€23,509 | +57.0% |
| Amounts receivable within one year | 40/41 | €31,160 | €41,878 | +€10,718 | +34.4% |
| Trade receivables | 40 | €13,980 | €11,543 | -€2,437 | -17.4% |
| Other amounts receivable | 41 | €17,180 | €30,335 | +€13,155 | +76.6% |
| Cash at bank and in hand | 54/58 | €10,082 | €22,873 | +€12,791 | +126.9% |
| Total equity and liabilities | 10/49 | €67,385 | €128,631 | +€61,246 | +90.9% |
| Equity | 10/15 | €63,898 | €81,554 | +€17,656 | +27.6% |
| Contributions | 10/11 | €275 | €275 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,623 | €81,279 | +€17,656 | +27.8% |
| Amounts payable | 17/49 | €3,487 | €47,077 | +€43,590 | +1250.2% |
| Amounts payable after more than one year | 17 | - | €29,039 | +€29,039 | |
| Financial debts | 170/4 | - | €29,039 | +€29,039 | |
| Amounts payable within one year | 42/48 | €3,487 | €18,037 | +€14,551 | +417.3% |
| Current portion of amounts payable after more than one year | 42 | - | €13,472 | +€13,472 | |
| Trade debts | 44 | - | €589 | +€589 | |
| Suppliers | 440/4 | - | €589 | +€589 | |
| Taxes, remuneration and social security | 45 | €87 | €3,976 | +€3,889 | +4493.9% |
| Taxes | 450/3 | €87 | €3,976 | +€3,889 | +4493.9% |
| Other amounts payable | 47/48 | €3,400 | - | -€3,400 | |
| Non-recurring operating income | 76A | €10,000 | - | -€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €286 | €1,436 | +€1,151 | +402.7% |
| Other operating charges | 640/8 | €5,997 | €4,750 | -€1,246 | -20.8% |
| Gross operating margin | 9900 | €27,776 | €33,416 | +€5,640 | +20.3% |
| Operating profit (loss) | 9901 | €21,493 | €27,229 | +€5,736 | +26.7% |
| Financial income | 75/76B | €1 | €8 | +€7 | +685.7% |
| Recurring financial income | 75 | €1 | €8 | +€7 | +685.7% |
| Financial charges | 65/66B | €180 | €605 | +€425 | +235.2% |
| Recurring financial charges | 65 | €180 | €605 | +€425 | +235.2% |
| Profit (loss) for the period before taxes | 9903 | €21,314 | €26,632 | +€5,318 | +25.0% |
| Income taxes | 67/77 | - | €8,976 | +€8,976 | |
| Profit (loss) for the period | 9904 | €21,314 | €17,656 | -€3,658 | -17.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,314 | €17,656 | -€3,658 | -17.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.