GALAGO: 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.
GALAGO
Largest movements
- Receivables within one year +€30,626
up €30,626 (+106%), from €28,955 to €59,581
of which Other amounts receivable: +€30,626
- Cash -€2,061
down €2,061 (-69.5%), from €2,967 to €906
mainly Receivables within one year (-€30,626) and Net result for the year (-€10,453)
- Tax, wage and social debts +€20,010
up €20,010 (+1,052%), from €1,901 to €21,911
- Other debts +€18,730
up €18,730 (+234%), from €8,000 to €26,730
- Profit (loss) carried forward -€10,453
down €10,453 (-87.6%), from €11,939 to €1,486
- Gross operating margin -€31,900
down €31,900, from €19,930 to -€11,971
- Financial income +€1,388
up €1,388 (+230%), from €604 to €1,992
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.
Derived cash bridge
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 | €31,922 | €60,487 | +€28,565 | +89.5% |
| Current assets | 29/58 | €31,922 | €60,487 | +€28,565 | +89.5% |
| Amounts receivable within one year | 40/41 | €28,955 | €59,581 | +€30,626 | +106% |
| Trade receivables | 40 | €4,731 | €4,731 | = | 0.0% |
| Other amounts receivable | 41 | €24,224 | €54,850 | +€30,626 | +126% |
| Cash at bank and in hand | 54/58 | €2,967 | €906 | -€2,061 | -69.5% |
| Total equity and liabilities | 10/49 | €31,922 | €60,487 | +€28,565 | +89.5% |
| Equity | 10/15 | €19,999 | €9,546 | -€10,453 | -52.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | - | €0 | = | |
| Issued capital | 100 | - | €0 | = | |
| Uncalled capital | 101 | - | €0 | = | |
| Contributions outside capital | 11 | - | €6,200 | +€6,200 | |
| Other | 1109/19 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €0 | = | |
| Legal reserve | 130 | - | €0 | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,939 | €1,486 | -€10,453 | -87.6% |
| Amounts payable | 17/49 | €11,923 | €50,941 | +€39,018 | +327% |
| Amounts payable within one year | 42/48 | €11,923 | €50,941 | +€39,018 | +327% |
| Trade debts | 44 | €2,022 | €2,301 | +€278 | +13.8% |
| Suppliers | 440/4 | €2,022 | €2,301 | +€278 | +13.8% |
| Taxes, remuneration and social security | 45 | €1,901 | €21,911 | +€20,010 | +1,052% |
| Taxes | 450/3 | €1,901 | €21,911 | +€20,010 | +1,052% |
| Other amounts payable | 47/48 | €8,000 | €26,730 | +€18,730 | +234% |
| Other operating charges | 640/8 | €380 | €387 | +€7 | +1.8% |
| Gross operating margin | 9900 | €19,930 | -€11,971 | -€31,900 | |
| Operating profit (loss) | 9901 | €19,549 | -€12,358 | -€31,907 | |
| Financial income | 75/76B | €604 | €1,992 | +€1,388 | +230% |
| Recurring financial income | 75 | €604 | €1,992 | +€1,388 | +230% |
| Financial charges | 65/66B | €31 | €87 | +€56 | +178% |
| Recurring financial charges | 65 | €31 | €87 | +€56 | +178% |
| Profit (loss) for the period before taxes | 9903 | €20,122 | -€10,453 | -€30,575 | |
| Profit (loss) for the period | 9904 | €20,122 | -€10,453 | -€30,575 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,122 | -€10,453 | -€30,575 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.