GALAXA: 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.
GALAXA
Largest movements
- Cash +€23,020
up €23,020 (+180.8%), from €12,734 to €35,754
mainly Net result for the year (+€22,990) and Other debts (+€2,987)
- Receivables within one year +€5,581
up €5,581 (+37.1%), from €15,047 to €20,627
of which Trade receivables: +€6,519
- Profit (loss) carried forward +€22,990
up €22,990 (+8.9%), from -€258,805 to -€235,815
- Other debts +€2,987
up €2,987 (+1.3%), from €228,217 to €231,204
- Tax, wage and social debts +€2,282
new in 2025: €2,282
- Gross operating margin +€384
up €384 (+1.6%), from €23,444 to €23,827
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 | €28,009 | €56,688 | +€28,679 | +102.4% |
| Current assets | 29/58 | €28,009 | €56,688 | +€28,679 | +102.4% |
| Amounts receivable within one year | 40/41 | €15,047 | €20,627 | +€5,581 | +37.1% |
| Trade receivables | 40 | €14,109 | €20,627 | +€6,519 | +46.2% |
| Other amounts receivable | 41 | €938 | - | -€938 | |
| Cash at bank and in hand | 54/58 | €12,734 | €35,754 | +€23,020 | +180.8% |
| Deferred charges and accrued income | 490/1 | €229 | €307 | +€78 | +34.2% |
| Total equity and liabilities | 10/49 | €28,009 | €56,688 | +€28,679 | +102.4% |
| Equity | 10/15 | -€200,306 | -€177,316 | +€22,990 | +11.5% |
| Contributions | 10/11 | €20,405 | €20,405 | = | 0.0% |
| Reserves | 13 | €38,095 | €38,095 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,150 | €5,150 | = | 0.0% |
| Distributable reserves | 133 | €32,945 | €32,945 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€258,805 | -€235,815 | +€22,990 | +8.9% |
| Amounts payable | 17/49 | €228,315 | €234,004 | +€5,689 | +2.5% |
| Amounts payable within one year | 42/48 | €228,315 | €234,004 | +€5,689 | +2.5% |
| Trade debts | 44 | €97 | €518 | +€421 | +431.9% |
| Suppliers | 440/4 | €97 | €518 | +€421 | +431.9% |
| Taxes, remuneration and social security | 45 | - | €2,282 | +€2,282 | |
| Taxes | 450/3 | - | €2,282 | +€2,282 | |
| Other amounts payable | 47/48 | €228,217 | €231,204 | +€2,987 | +1.3% |
| Other operating charges | 640/8 | €718 | €730 | +€12 | +1.7% |
| Gross operating margin | 9900 | €23,444 | €23,827 | +€384 | +1.6% |
| Operating profit (loss) | 9901 | €22,725 | €23,097 | +€372 | +1.6% |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €232 | €114 | -€118 | -50.8% |
| Recurring financial charges | 65 | €232 | €114 | -€118 | -50.8% |
| Profit (loss) for the period before taxes | 9903 | €22,494 | €22,990 | +€496 | +2.2% |
| Profit (loss) for the period | 9904 | €22,494 | €22,990 | +€496 | +2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,494 | €22,990 | +€496 | +2.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.