GS TRANS: 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.
GS TRANS
Largest movements
- Tangible fixed assets -€16,424
down €16,424 (-23.6%), from €69,458 to €53,034
of which Leasing and similar rights: -€17,000
- Deferred charges and accrued income +€6,878
up €6,878 (+76.3%), from €9,009 to €15,888
- Cash +€5,827
new in 2024: €5,827
mainly Depreciation (+€20,353) and Trade debts (+€4,966)
- Current investments -€2,446
no longer reported in 2024 (was €2,446)
- Current portion of long-term debt -€14,532
no longer reported in 2024 (was €14,532)
- Profit (loss) carried forward -€5,448
down €5,448 (-61.7%), from €8,828 to €3,381
- Trade debts +€4,966
up €4,966 (+40.9%), from €12,137 to €17,104
- Other debts +€4,947
up €4,947 (+18.5%), from €26,782 to €31,730
- Tax, wage and social debts +€4,254
up €4,254 (+57.7%), from €7,367 to €11,621
of which Remuneration and social security: +€4,400
- Gross operating margin -€2,154
down €2,154 (-9.4%), from €22,943 to €20,789
- Depreciation -€2,025
down €2,025 (-9.1%), from €22,379 to €20,353
- Other operating charges +€573
up €573 (+22.0%), from €2,599 to €3,172
- Taxes -€247
down €247 (-30.7%), from €805 to €558
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 | €101,285 | €95,018 | -€6,267 | -6.2% |
| Fixed assets | 21/28 | €69,458 | €53,034 | -€16,424 | -23.6% |
| Tangible fixed assets | 22/27 | €69,458 | €53,034 | -€16,424 | -23.6% |
| Land and buildings | 22 | €401 | €268 | -€134 | -33.3% |
| Furniture and vehicles | 24 | €11,815 | €12,525 | +€710 | +6.0% |
| Leasing and similar rights | 25 | €57,241 | €40,241 | -€17,000 | -29.7% |
| Current assets | 29/58 | €31,828 | €41,985 | +€10,157 | +31.9% |
| Amounts receivable within one year | 40/41 | €20,372 | €20,270 | -€102 | -0.5% |
| Trade receivables | 40 | €16,305 | €18,398 | +€2,093 | +12.8% |
| Other amounts receivable | 41 | €4,067 | €1,872 | -€2,195 | -54.0% |
| Current investments | 50/53 | €2,446 | - | -€2,446 | |
| Cash at bank and in hand | 54/58 | - | €5,827 | +€5,827 | |
| Deferred charges and accrued income | 490/1 | €9,009 | €15,888 | +€6,878 | +76.3% |
| Total equity and liabilities | 10/49 | €101,285 | €95,018 | -€6,267 | -6.2% |
| Equity | 10/15 | €33,235 | €27,787 | -€5,448 | -16.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €12,006 | €12,006 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,146 | €10,146 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,828 | €3,381 | -€5,448 | -61.7% |
| Amounts payable | 17/49 | €68,050 | €67,231 | -€819 | -1.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €68,050 | €67,231 | -€819 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €14,532 | - | -€14,532 | |
| Financial debts | 43 | €7,231 | €6,777 | -€455 | -6.3% |
| Credit institutions | 430/8 | €7,231 | €6,777 | -€455 | -6.3% |
| Trade debts | 44 | €12,137 | €17,104 | +€4,966 | +40.9% |
| Suppliers | 440/4 | €12,137 | €17,104 | +€4,966 | +40.9% |
| Taxes, remuneration and social security | 45 | €7,367 | €11,621 | +€4,254 | +57.7% |
| Taxes | 450/3 | €7,367 | €7,221 | -€146 | -2.0% |
| Remuneration and social security | 454/9 | - | €4,400 | +€4,400 | |
| Other amounts payable | 47/48 | €26,782 | €31,730 | +€4,947 | +18.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,379 | €20,353 | -€2,025 | -9.1% |
| Other operating charges | 640/8 | €2,599 | €3,172 | +€573 | +22.0% |
| Gross operating margin | 9900 | €22,943 | €20,789 | -€2,154 | -9.4% |
| Operating profit (loss) | 9901 | -€2,035 | -€2,736 | -€702 | -34.5% |
| Financial charges | 65/66B | €2,051 | €2,153 | +€103 | +5.0% |
| Recurring financial charges | 65 | €2,051 | €2,153 | +€103 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,086 | -€4,890 | -€804 | -19.7% |
| Income taxes | 67/77 | €805 | €558 | -€247 | -30.7% |
| Profit (loss) for the period | 9904 | -€4,891 | -€5,448 | -€557 | -11.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,891 | -€5,448 | -€557 | -11.4% |
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.