GALAND DESIGN: 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.
GALAND DESIGN
Largest movements
- Stocks and contracts +€71,112
up €71,112 (+32.2%), from €221,178 to €292,290
- Cash -€44,381
down €44,381 (-82.4%), from €53,829 to €9,448
mainly Stocks and contracts (-€71,112) and Debts after one year (-€45,841)
- Tangible fixed assets -€29,964
down €29,964 (-6.1%), from €492,608 to €462,644
of which Furniture and vehicles: -€16,659
- Trade debts +€51,011
up €51,011 (+19.4%), from €263,224 to €314,235
- Debts after one year -€45,841
down €45,841 (-16.8%), from €272,473 to €226,632
- Reserves -€14,326
down €14,326 (-7.2%), from €198,174 to €183,848
of which Distributable reserves: -€14,326
- Gross operating margin -€34,072
down €34,072 (-30.8%), from €110,709 to €76,637
- Other operating charges -€16,974
down €16,974 (-93.1%), from €18,225 to €1,250
- Taxes -€4,301
down €4,301 (-82.2%), from €5,235 to €934
- Staff costs +€2,906
up €2,906 (+6.9%), from €42,198 to €45,104
- Financial charges -€1,164
down €1,164 (-6.8%), from €17,078 to €15,914
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 | €981,910 | €975,318 | -€6,592 | -0.7% |
| Fixed assets | 21/28 | €492,608 | €462,644 | -€29,964 | -6.1% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €492,608 | €462,644 | -€29,964 | -6.1% |
| Land and buildings | 22 | €459,179 | €444,773 | -€14,406 | -3.1% |
| Plant, machinery and equipment | 23 | €0 | €1,102 | +€1,102 | |
| Furniture and vehicles | 24 | €33,429 | €16,769 | -€16,659 | -49.8% |
| Current assets | 29/58 | €489,302 | €512,674 | +€23,372 | +4.8% |
| Stocks and contracts in progress | 3 | €221,178 | €292,290 | +€71,112 | +32.2% |
| Stocks | 30/36 | €221,178 | €292,290 | +€71,112 | +32.2% |
| Amounts receivable within one year | 40/41 | €205,932 | €204,898 | -€1,034 | -0.5% |
| Trade receivables | 40 | €205,932 | €204,898 | -€1,034 | -0.5% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €53,829 | €9,448 | -€44,381 | -82.4% |
| Deferred charges and accrued income | 490/1 | €8,363 | €6,038 | -€2,326 | -27.8% |
| Total equity and liabilities | 10/49 | €981,910 | €975,318 | -€6,592 | -0.7% |
| Equity | 10/15 | €248,920 | €233,225 | -€15,695 | -6.3% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €198,174 | €183,848 | -€14,326 | -7.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €198,174 | €183,848 | -€14,326 | -7.2% |
| Investment grants | 15 | €30,286 | €28,917 | -€1,369 | -4.5% |
| Provisions and deferred taxes | 16 | €15,392 | €14,695 | -€697 | -4.5% |
| Deferred taxes | 168 | €15,392 | €14,695 | -€697 | -4.5% |
| Amounts payable | 17/49 | €717,598 | €727,398 | +€9,800 | +1.4% |
| Amounts payable after more than one year | 17 | €272,473 | €226,632 | -€45,841 | -16.8% |
| Financial debts | 170/4 | €272,473 | €226,632 | -€45,841 | -16.8% |
| Amounts payable within one year | 42/48 | €445,125 | €500,766 | +€55,641 | +12.5% |
| Current portion of amounts payable after more than one year | 42 | €46,509 | €45,841 | -€668 | -1.4% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €263,224 | €314,235 | +€51,011 | +19.4% |
| Suppliers | 440/4 | €263,224 | €314,235 | +€51,011 | +19.4% |
| Taxes, remuneration and social security | 45 | €30,210 | €29,420 | -€790 | -2.6% |
| Taxes | 450/3 | €19,838 | €25,950 | +€6,112 | +30.8% |
| Remuneration and social security | 454/9 | €10,372 | €3,470 | -€6,902 | -66.5% |
| Other amounts payable | 47/48 | €5,182 | €11,270 | +€6,089 | +117% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €42,198 | €45,104 | +€2,906 | +6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,365 | €30,323 | +€958 | +3.3% |
| Other operating charges | 640/8 | €18,225 | €1,250 | -€16,974 | -93.1% |
| Gross operating margin | 9900 | €110,709 | €76,637 | -€34,072 | -30.8% |
| Operating profit (loss) | 9901 | €20,922 | -€40 | -€20,962 | |
| Financial income | 75/76B | €1,370 | €1,865 | +€495 | +36.2% |
| Recurring financial income | 75 | €1,370 | €1,865 | +€495 | +36.2% |
| Financial charges | 65/66B | €17,078 | €15,914 | -€1,164 | -6.8% |
| Recurring financial charges | 65 | €17,078 | €15,914 | -€1,164 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | €5,214 | -€14,089 | -€19,303 | |
| Transfer from deferred taxes | 780 | €697 | €697 | = | 0.0% |
| Income taxes | 67/77 | €5,235 | €934 | -€4,301 | -82.2% |
| Profit (loss) for the period | 9904 | €675 | -€14,326 | -€15,002 | |
| Profit (loss) for the period to be appropriated | 9905 | €675 | -€14,326 | -€15,002 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.