GALANGA: 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.
GALANGA
Largest movements
- Tangible fixed assets +€32,213
up €32,213 (+12159.2%), from €265 to €32,478
- Cash +€16,021
up €16,021 (+73.4%), from €21,826 to €37,847
mainly Net result for the year (+€39,737) and Debts after one year (+€23,267)
- Receivables within one year +€7,223
up €7,223 (+161.4%), from €4,476 to €11,699
of which Other amounts receivable: +€6,007
- Profit (loss) carried forward +€39,737
up €39,737 (+19671.6%), from €202 to €39,939
- Debts after one year +€23,267
new in 2025: €23,267
- Other debts -€22,420
no longer reported in 2025 (was €22,420)
- Tax, wage and social debts +€8,249
up €8,249 (+531.7%), from €1,551 to €9,800
- Current portion of long-term debt +€5,227
up €5,227 (+341.4%), from €1,531 to €6,758
- Gross operating margin +€63,752
up €63,752 (+1712.0%), from €3,724 to €67,476
- Taxes +€17,107
up €17,107 (+935.3%), from €1,829 to €18,937
- Depreciation +€6,673
up €6,673 (+1956.0%), from €341 to €7,014
- Financial charges +€1,086
up €1,086 (+278.1%), from €391 to €1,477
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 | €27,503 | €82,386 | +€54,883 | +199.6% |
| Fixed assets | 21/28 | €265 | €32,478 | +€32,213 | +12159.2% |
| Tangible fixed assets | 22/27 | €265 | €32,478 | +€32,213 | +12159.2% |
| Furniture and vehicles | 24 | €265 | €32,478 | +€32,213 | +12159.2% |
| Current assets | 29/58 | €27,238 | €49,908 | +€22,670 | +83.2% |
| Amounts receivable within one year | 40/41 | €4,476 | €11,699 | +€7,223 | +161.4% |
| Trade receivables | 40 | €305 | €1,522 | +€1,216 | +398.2% |
| Other amounts receivable | 41 | €4,171 | €10,178 | +€6,007 | +144.0% |
| Cash at bank and in hand | 54/58 | €21,826 | €37,847 | +€16,021 | +73.4% |
| Deferred charges and accrued income | 490/1 | €936 | €362 | -€574 | -61.3% |
| Total equity and liabilities | 10/49 | €27,503 | €82,386 | +€54,883 | +199.6% |
| Equity | 10/15 | €1,202 | €40,939 | +€39,737 | +3305.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €202 | €39,939 | +€39,737 | +19671.6% |
| Amounts payable | 17/49 | €26,301 | €41,448 | +€15,146 | +57.6% |
| Amounts payable after more than one year | 17 | - | €23,267 | +€23,267 | |
| Financial debts | 170/4 | - | €23,267 | +€23,267 | |
| Amounts payable within one year | 42/48 | €26,301 | €18,181 | -€8,120 | -30.9% |
| Current portion of amounts payable after more than one year | 42 | €1,531 | €6,758 | +€5,227 | +341.4% |
| Trade debts | 44 | €799 | €1,622 | +€823 | +103.0% |
| Suppliers | 440/4 | €799 | €1,622 | +€823 | +103.0% |
| Taxes, remuneration and social security | 45 | €1,551 | €9,800 | +€8,249 | +531.7% |
| Taxes | 450/3 | €1,551 | €9,800 | +€8,249 | +531.7% |
| Other amounts payable | 47/48 | €22,420 | - | -€22,420 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €341 | €7,014 | +€6,673 | +1956.0% |
| Other operating charges | 640/8 | €348 | €387 | +€40 | +11.5% |
| Gross operating margin | 9900 | €3,724 | €67,476 | +€63,752 | +1712.0% |
| Operating profit (loss) | 9901 | €3,035 | €60,075 | +€57,040 | +1879.3% |
| Financial income | 75/76B | - | €75 | +€75 | |
| Recurring financial income | 75 | - | €75 | +€75 | |
| Financial charges | 65/66B | €391 | €1,477 | +€1,086 | +278.1% |
| Recurring financial charges | 65 | €391 | €1,477 | +€1,086 | +278.1% |
| Profit (loss) for the period before taxes | 9903 | €2,644 | €58,673 | +€56,029 | +2118.7% |
| Income taxes | 67/77 | €1,829 | €18,937 | +€17,107 | +935.3% |
| Profit (loss) for the period | 9904 | €815 | €39,737 | +€38,921 | +4773.2% |
| Profit (loss) for the period to be appropriated | 9905 | €815 | €39,737 | +€38,921 | +4773.2% |
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 11 October 2026 via checked.be.