GREMI TRANS: 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.
GREMI TRANS
Largest movements
- Cash -€13,832
down €13,832 (-36.0%), from €38,444 to €24,612
mainly Other debts (-€13,007) and Trade debts (-€7,149)
- Receivables within one year +€3,670
up €3,670 (+137%), from €2,680 to €6,350
of which Trade receivables: +€4,440
- Tangible fixed assets -€1,597
down €1,597 (-28.1%), from €5,682 to €4,085
- Other debts -€13,007
down €13,007 (-64.4%), from €20,213 to €7,206
- Reserves +€10,376
up €10,376 (+106%), from €9,784 to €20,160
- Trade debts -€7,149
down €7,149 (-72.8%), from €9,825 to €2,676
- Tax, wage and social debts -€3,329
down €3,329 (-74.2%), from €4,485 to €1,156
- Accrued charges and deferred income +€1,350
new in 2025: €1,350
- Depreciation -€997
down €997 (-12.6%), from €7,886 to €6,889
- Gross operating margin -€732
down €732 (-2.8%), from €26,038 to €25,306
- Staff costs -€650
down €650 (-100%), from €650 to €0
- Taxes +€532
up €532 (+9.6%), from €5,559 to €6,091
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 | €46,807 | €35,047 | -€11,759 | -25.1% |
| Fixed assets | 21/28 | €5,682 | €4,085 | -€1,597 | -28.1% |
| Tangible fixed assets | 22/27 | €5,682 | €4,085 | -€1,597 | -28.1% |
| Furniture and vehicles | 24 | €5,682 | €4,085 | -€1,597 | -28.1% |
| Current assets | 29/58 | €41,124 | €30,962 | -€10,162 | -24.7% |
| Amounts receivable within one year | 40/41 | €2,680 | €6,350 | +€3,670 | +137% |
| Trade receivables | 40 | €933 | €5,372 | +€4,440 | +476% |
| Other amounts receivable | 41 | €1,748 | €978 | -€770 | -44.0% |
| Cash at bank and in hand | 54/58 | €38,444 | €24,612 | -€13,832 | -36.0% |
| Total equity and liabilities | 10/49 | €46,807 | €35,047 | -€11,759 | -25.1% |
| Equity | 10/15 | €12,284 | €22,660 | +€10,376 | +84.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €9,784 | €20,160 | +€10,376 | +106% |
| Distributable reserves | 133 | €9,784 | €20,160 | +€10,376 | +106% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €34,523 | €12,387 | -€22,136 | -64.1% |
| Amounts payable within one year | 42/48 | €34,523 | €11,037 | -€23,486 | -68.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €9,825 | €2,676 | -€7,149 | -72.8% |
| Suppliers | 440/4 | €9,825 | €2,676 | -€7,149 | -72.8% |
| Taxes, remuneration and social security | 45 | €4,485 | €1,156 | -€3,329 | -74.2% |
| Taxes | 450/3 | €4,485 | €1,156 | -€3,329 | -74.2% |
| Other amounts payable | 47/48 | €20,213 | €7,206 | -€13,007 | -64.4% |
| Accrued charges and deferred income | 492/3 | - | €1,350 | +€1,350 | |
| Remuneration, social security and pensions | 62 | €650 | €0 | -€650 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,886 | €6,889 | -€997 | -12.6% |
| Other operating charges | 640/8 | €1,677 | €1,628 | -€49 | -2.9% |
| Gross operating margin | 9900 | €26,038 | €25,306 | -€732 | -2.8% |
| Operating profit (loss) | 9901 | €15,824 | €16,788 | +€964 | +6.1% |
| Financial income | 75/76B | €153 | €73 | -€80 | -52.2% |
| Recurring financial income | 75 | €153 | €73 | -€80 | -52.2% |
| Financial charges | 65/66B | €634 | €394 | -€240 | -37.9% |
| Recurring financial charges | 65 | €634 | €394 | -€240 | -37.9% |
| Profit (loss) for the period before taxes | 9903 | €15,343 | €16,467 | +€1,124 | +7.3% |
| Income taxes | 67/77 | €5,559 | €6,091 | +€532 | +9.6% |
| Profit (loss) for the period | 9904 | €9,784 | €10,376 | +€592 | +6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,784 | €10,376 | +€592 | +6.1% |
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 15 October 2026 via checked.be.