CSGallop: 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.
CSGallop
Largest movements
- Cash -€2,344
down €2,344 (-4.3%), from €54,977 to €52,633
mainly Net result for the year (-€2,199) and Deferred charges and accrued income (-€719)
- Tangible fixed assets -€820
down €820 (-35.3%), from €2,326 to €1,506
- Deferred charges and accrued income +€719
new in 2025: €719
- Reserves -€1,994
no longer reported in 2025 (was €1,994)
- Gross operating margin -€3,696
down €3,696, from €2,716 to -€980
- Taxes -€445
no longer reported in 2025 (was €445)
- Depreciation +€390
up €390 (+90.9%), from €430 to €820
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.
Cash bridge derived
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 | €57,526 | €55,221 | -€2,304 | -4.0% |
| Fixed assets | 21/28 | €2,326 | €1,506 | -€820 | -35.3% |
| Tangible fixed assets | 22/27 | €2,326 | €1,506 | -€820 | -35.3% |
| Furniture and vehicles | 24 | €2,326 | €1,506 | -€820 | -35.3% |
| Current assets | 29/58 | €55,200 | €53,715 | -€1,484 | -2.7% |
| Amounts receivable within one year | 40/41 | €223 | €364 | +€141 | +63.0% |
| Other amounts receivable | 41 | €223 | €364 | +€141 | +63.0% |
| Cash at bank and in hand | 54/58 | €54,977 | €52,633 | -€2,344 | -4.3% |
| Deferred charges and accrued income | 490/1 | - | €719 | +€719 | |
| Total equity and liabilities | 10/49 | €57,526 | €55,221 | -€2,304 | -4.0% |
| Equity | 10/15 | €6,994 | €4,794 | -€2,199 | -31.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €1,994 | - | -€1,994 | |
| Distributable reserves | 133 | €1,994 | - | -€1,994 | |
| Profit (loss) carried forward | 14 | - | -€206 | -€206 | |
| Amounts payable | 17/49 | €50,532 | €50,427 | -€105 | -0.2% |
| Amounts payable within one year | 42/48 | €50,532 | €50,427 | -€105 | -0.2% |
| Trade debts | 44 | - | €44 | +€44 | |
| Suppliers | 440/4 | - | €44 | +€44 | |
| Taxes, remuneration and social security | 45 | €445 | €445 | = | 0.0% |
| Taxes | 450/3 | €445 | €445 | = | 0.0% |
| Other amounts payable | 47/48 | €50,087 | €49,938 | -€149 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €430 | €820 | +€390 | +90.9% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €2,716 | -€980 | -€3,696 | |
| Operating profit (loss) | 9901 | €1,899 | -€2,199 | -€4,099 | |
| Financial charges | 65/66B | €0 | - | -€0 | |
| Recurring financial charges | 65 | €0 | - | -€0 | |
| Profit (loss) for the period before taxes | 9903 | €1,899 | -€2,199 | -€4,099 | |
| Income taxes | 67/77 | €445 | - | -€445 | |
| Profit (loss) for the period | 9904 | €1,455 | -€2,199 | -€3,654 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,455 | -€2,199 | -€3,654 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.