Transport Gobin: 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.
Transport Gobin
Largest movements
- Tangible fixed assets -€36,694
down €36,694 (-23.6%), from €155,636 to €118,942
of which Leasing and similar rights: -€26,429
- Receivables within one year +€26,802
up €26,802 (+15.2%), from €176,780 to €203,582
of which Other amounts receivable: +€29,081
- Stocks and contracts +€6,137
up €6,137 (+71.9%), from €8,534 to €14,671
- Cash -€5,838
down €5,838 (-8.8%), from €66,369 to €60,531
mainly Receivables within one year (-€26,802) and Debts after one year (-€21,205)
- Debts after one year -€21,205
down €21,205 (-24.9%), from €85,089 to €63,884
- Reserves +€14,566
up €14,566 (+6.2%), from €234,414 to €248,980
of which Tax-exempt reserves: +€16,977
- Current portion of long-term debt -€6,789
down €6,789 (-22.9%), from €29,684 to €22,894
- Provisions +€4,932
new in 2025: €4,932
- Other debts -€4,806
down €4,806 (-14.1%), from €34,108 to €29,302
- Gross operating margin +€12,060
up €12,060 (+20.2%), from €59,761 to €71,821
- Other operating charges +€2,209
up €2,209 (+63.5%), from €3,481 to €5,689
- Financial charges -€1,141
down €1,141 (-20.1%), from €5,673 to €4,532
- Write-downs -€928
down €928 (-100%), from €928 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 | €416,540 | €405,446 | -€11,093 | -2.7% |
| Fixed assets | 21/28 | €156,176 | €119,482 | -€36,694 | -23.5% |
| Tangible fixed assets | 22/27 | €155,636 | €118,942 | -€36,694 | -23.6% |
| Plant, machinery and equipment | 23 | €16,569 | €19,288 | +€2,719 | +16.4% |
| Furniture and vehicles | 24 | €13,634 | €649 | -€12,984 | -95.2% |
| Leasing and similar rights | 25 | €125,433 | €99,004 | -€26,429 | -21.1% |
| Financial fixed assets | 28 | €540 | €540 | = | 0.0% |
| Current assets | 29/58 | €260,364 | €285,965 | +€25,601 | +9.8% |
| Stocks and contracts in progress | 3 | €8,534 | €14,671 | +€6,137 | +71.9% |
| Stocks | 30/36 | €8,534 | €14,671 | +€6,137 | +71.9% |
| Amounts receivable within one year | 40/41 | €176,780 | €203,582 | +€26,802 | +15.2% |
| Trade receivables | 40 | €27,946 | €25,666 | -€2,280 | -8.2% |
| Other amounts receivable | 41 | €148,834 | €177,915 | +€29,081 | +19.5% |
| Cash at bank and in hand | 54/58 | €66,369 | €60,531 | -€5,838 | -8.8% |
| Deferred charges and accrued income | 490/1 | €8,681 | €7,181 | -€1,500 | -17.3% |
| Total equity and liabilities | 10/49 | €416,540 | €405,446 | -€11,093 | -2.7% |
| Equity | 10/15 | €253,006 | €267,572 | +€14,566 | +5.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €234,414 | €248,980 | +€14,566 | +6.2% |
| Tax-exempt reserves | 132 | €59,494 | €76,471 | +€16,977 | +28.5% |
| Distributable reserves | 133 | €174,920 | €172,509 | -€2,412 | -1.4% |
| Provisions and deferred taxes | 16 | - | €4,932 | +€4,932 | |
| Deferred taxes | 168 | - | €4,932 | +€4,932 | |
| Amounts payable | 17/49 | €163,534 | €132,943 | -€30,591 | -18.7% |
| Amounts payable after more than one year | 17 | €85,089 | €63,884 | -€21,205 | -24.9% |
| Financial debts | 170/4 | €85,089 | €63,884 | -€21,205 | -24.9% |
| Amounts payable within one year | 42/48 | €74,168 | €66,618 | -€7,551 | -10.2% |
| Current portion of amounts payable after more than one year | 42 | €29,684 | €22,894 | -€6,789 | -22.9% |
| Trade debts | 44 | €7,277 | €8,948 | +€1,671 | +23.0% |
| Suppliers | 440/4 | €7,277 | €8,948 | +€1,671 | +23.0% |
| Taxes, remuneration and social security | 45 | €3,099 | €5,473 | +€2,374 | +76.6% |
| Taxes | 450/3 | €3,099 | €5,473 | +€2,374 | +76.6% |
| Other amounts payable | 47/48 | €34,108 | €29,302 | -€4,806 | -14.1% |
| Accrued charges and deferred income | 492/3 | €4,277 | €2,442 | -€1,835 | -42.9% |
| Non-recurring operating income | 76A | €569 | €100 | -€469 | -82.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,244 | €45,824 | +€580 | +1.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €928 | €0 | -€928 | -100% |
| Other operating charges | 640/8 | €3,481 | €5,689 | +€2,209 | +63.5% |
| Non-recurring operating charges | 66A | €3,714 | €0 | -€3,714 | -100% |
| Gross operating margin | 9900 | €59,761 | €71,821 | +€12,060 | +20.2% |
| Operating profit (loss) | 9901 | €6,395 | €20,307 | +€13,913 | +218% |
| Financial income | 75/76B | €3,414 | €3,722 | +€308 | +9.0% |
| Recurring financial income | 75 | €3,414 | €3,722 | +€308 | +9.0% |
| Financial charges | 65/66B | €5,673 | €4,532 | -€1,141 | -20.1% |
| Recurring financial charges | 65 | €5,673 | €4,532 | -€1,141 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €4,135 | €19,497 | +€15,362 | +371% |
| Transfer from deferred taxes | 780 | - | €818 | +€818 | |
| Transfer to deferred taxes | 680 | - | €5,750 | +€5,750 | |
| Income taxes | 67/77 | €376 | €0 | -€376 | -100% |
| Profit (loss) for the period | 9904 | €3,759 | €14,566 | +€10,806 | +287% |
| Transfer from tax-exempt reserves | 789 | - | €273 | +€273 | |
| Transfer to tax-exempt reserves | 689 | - | €17,250 | +€17,250 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,759 | -€2,412 | -€6,171 |
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 19 October 2026 via checked.be.