GT-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.
GT-Trans
Largest movements
- Cash -€20,592
down €20,592 (-86.0%), from €23,938 to €3,346
mainly Investment in fixed assets (net) (-€19,663) and Receivables within one year (-€18,127)
- Receivables within one year +€18,127
up €18,127 (+68.9%), from €26,323 to €44,451
of which Trade receivables: +€16,281
- Tangible fixed assets +€8,895
up €8,895 (+25.8%), from €34,496 to €43,391
of which Furniture and vehicles: +€8,963
- Other debts +€37,273
up €37,273 (+54.2%), from €68,744 to €106,017
- Profit (loss) carried forward -€16,939
down €16,939 (-296%), from -€5,722 to -€22,661
- Trade debts -€10,511
down €10,511 (-50.0%), from €21,011 to €10,500
- Tax, wage and social debts -€3,581
down €3,581 (-40.4%), from €8,867 to €5,286
of which Taxes: -€5,837
- Gross operating margin -€10,662
down €10,662, from €7,888 to -€2,774
- Other operating charges -€4,115
down €4,115 (-70.3%), from €5,856 to €1,740
- Depreciation +€3,284
up €3,284 (+43.9%), from €7,484 to €10,768
- Financial charges +€853
up €853 (+143%), from €598 to €1,450
- Financial income -€358
down €358 (-99.9%), from €358 to €0
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 | €95,401 | €101,826 | +€6,425 | +6.7% |
| Fixed assets | 21/28 | €34,496 | €43,391 | +€8,895 | +25.8% |
| Tangible fixed assets | 22/27 | €34,496 | €43,391 | +€8,895 | +25.8% |
| Plant, machinery and equipment | 23 | €2,317 | €2,248 | -€68 | -2.9% |
| Furniture and vehicles | 24 | €32,180 | €41,142 | +€8,963 | +27.9% |
| Current assets | 29/58 | €60,904 | €58,435 | -€2,470 | -4.1% |
| Amounts receivable within one year | 40/41 | €26,323 | €44,451 | +€18,127 | +68.9% |
| Trade receivables | 40 | €26,323 | €42,604 | +€16,281 | +61.8% |
| Other amounts receivable | 41 | - | €1,847 | +€1,847 | |
| Cash at bank and in hand | 54/58 | €23,938 | €3,346 | -€20,592 | -86.0% |
| Deferred charges and accrued income | 490/1 | €10,643 | €10,638 | -€5 | 0.0% |
| Total equity and liabilities | 10/49 | €95,401 | €101,826 | +€6,425 | +6.7% |
| Equity | 10/15 | -€3,222 | -€20,161 | -€16,939 | -526% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,722 | -€22,661 | -€16,939 | -296% |
| Amounts payable | 17/49 | €98,622 | €121,986 | +€23,364 | +23.7% |
| Amounts payable within one year | 42/48 | €98,622 | €121,803 | +€23,181 | +23.5% |
| Trade debts | 44 | €21,011 | €10,500 | -€10,511 | -50.0% |
| Suppliers | 440/4 | €21,011 | €10,500 | -€10,511 | -50.0% |
| Taxes, remuneration and social security | 45 | €8,867 | €5,286 | -€3,581 | -40.4% |
| Taxes | 450/3 | €8,867 | €3,030 | -€5,837 | -65.8% |
| Remuneration and social security | 454/9 | - | €2,256 | +€2,256 | |
| Other amounts payable | 47/48 | €68,744 | €106,017 | +€37,273 | +54.2% |
| Accrued charges and deferred income | 492/3 | - | €183 | +€183 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,484 | €10,768 | +€3,284 | +43.9% |
| Other operating charges | 640/8 | €5,856 | €1,740 | -€4,115 | -70.3% |
| Gross operating margin | 9900 | €7,888 | -€2,774 | -€10,662 | |
| Operating profit (loss) | 9901 | -€5,451 | -€15,282 | -€9,831 | -180% |
| Financial income | 75/76B | €358 | €0 | -€358 | -99.9% |
| Recurring financial income | 75 | €358 | €0 | -€358 | -99.9% |
| Financial charges | 65/66B | €598 | €1,450 | +€853 | +143% |
| Recurring financial charges | 65 | €598 | €1,450 | +€853 | +143% |
| Profit (loss) for the period before taxes | 9903 | -€5,691 | -€16,732 | -€11,041 | -194% |
| Income taxes | 67/77 | €31 | €207 | +€176 | +568% |
| Profit (loss) for the period | 9904 | -€5,722 | -€16,939 | -€11,217 | -196% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,722 | -€16,939 | -€11,217 | -196% |
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 14 October 2026 via checked.be.