GALAXXIS: 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.
GALAXXIS
Largest movements
- Tangible fixed assets -€22,397
down €22,397 (-83.1%), from €26,967 to €4,570
- Stocks and contracts +€21,416
up €21,416 (+44.5%), from €48,171 to €69,587
- Receivables within one year +€6,637
up €6,637 (+36.1%), from €18,394 to €25,031
of which Trade receivables: +€6,637
- Deferred charges and accrued income -€6,284
down €6,284 (-63.2%), from €9,938 to €3,654
- Cash +€2,538
up €2,538 (+8.9%), from €28,595 to €31,134
mainly Trade debts (+€62,863) and Investment in fixed assets (net) (+€17,412)
- Trade debts +€62,863
up €62,863 (+353%), from €17,784 to €80,648
- Profit (loss) carried forward -€35,257
down €35,257 (-63.7%), from -€55,343 to -€90,600
- Tax, wage and social debts -€18,728
down €18,728 (-61.2%), from €30,584 to €11,856
of which Remuneration and social security: -€16,063
- Debts after one year -€18,409
down €18,409 (-100%), from €18,409 to €0
- Other debts +€12,141
up €12,141 (+191%), from €6,356 to €18,497
- Gross operating margin +€23,749
up €23,749 (+60.0%), from -€39,579 to -€15,830
- Depreciation -€4,749
down €4,749 (-48.8%), from €9,734 to €4,985
- Financial charges -€751
down €751 (-7.5%), from €9,945 to €9,194
- Other operating charges +€699
up €699 (+78.2%), from €894 to €1,593
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 | €133,566 | €135,476 | +€1,911 | +1.4% |
| Fixed assets | 21/28 | €28,467 | €6,070 | -€22,397 | -78.7% |
| Tangible fixed assets | 22/27 | €26,967 | €4,570 | -€22,397 | -83.1% |
| Furniture and vehicles | 24 | €26,967 | €4,570 | -€22,397 | -83.1% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €105,098 | €129,407 | +€24,308 | +23.1% |
| Stocks and contracts in progress | 3 | €48,171 | €69,587 | +€21,416 | +44.5% |
| Stocks | 30/36 | €48,171 | €69,587 | +€21,416 | +44.5% |
| Amounts receivable within one year | 40/41 | €18,394 | €25,031 | +€6,637 | +36.1% |
| Trade receivables | 40 | €18,394 | €25,031 | +€6,637 | +36.1% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €28,595 | €31,134 | +€2,538 | +8.9% |
| Deferred charges and accrued income | 490/1 | €9,938 | €3,654 | -€6,284 | -63.2% |
| Total equity and liabilities | 10/49 | €133,566 | €135,476 | +€1,911 | +1.4% |
| Equity | 10/15 | -€49,143 | -€84,400 | -€35,257 | -71.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€55,343 | -€90,600 | -€35,257 | -63.7% |
| Amounts payable | 17/49 | €182,708 | €219,877 | +€37,168 | +20.3% |
| Amounts payable after more than one year | 17 | €18,409 | €0 | -€18,409 | -100% |
| Financial debts | 170/4 | €18,409 | €0 | -€18,409 | -100% |
| Amounts payable within one year | 42/48 | €164,299 | €218,991 | +€54,692 | +33.3% |
| Current portion of amounts payable after more than one year | 42 | €9,457 | €5,079 | -€4,378 | -46.3% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €17,784 | €80,648 | +€62,863 | +353% |
| Suppliers | 440/4 | €17,784 | €80,648 | +€62,863 | +353% |
| Advances received on contracts in progress | 46 | €118 | €2,912 | +€2,794 | +2,366% |
| Taxes, remuneration and social security | 45 | €30,584 | €11,856 | -€18,728 | -61.2% |
| Taxes | 450/3 | €6,584 | €3,919 | -€2,665 | -40.5% |
| Remuneration and social security | 454/9 | €24,000 | €7,937 | -€16,063 | -66.9% |
| Other amounts payable | 47/48 | €6,356 | €18,497 | +€12,141 | +191% |
| Accrued charges and deferred income | 492/3 | - | €886 | +€886 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,734 | €4,985 | -€4,749 | -48.8% |
| Other operating charges | 640/8 | €894 | €1,593 | +€699 | +78.2% |
| Non-recurring operating charges | 66A | - | €3,912 | +€3,912 | |
| Gross operating margin | 9900 | -€39,579 | -€15,830 | +€23,749 | +60.0% |
| Operating profit (loss) | 9901 | -€50,207 | -€26,320 | +€23,887 | +47.6% |
| Financial income | 75/76B | €1 | €257 | +€256 | +24,386% |
| Recurring financial income | 75 | €1 | €257 | +€256 | +24,386% |
| Financial charges | 65/66B | €9,945 | €9,194 | -€751 | -7.5% |
| Recurring financial charges | 65 | €9,945 | €9,194 | -€751 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | -€60,151 | -€35,257 | +€24,894 | +41.4% |
| Profit (loss) for the period | 9904 | -€60,151 | -€35,257 | +€24,894 | +41.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€60,151 | -€35,257 | +€24,894 | +41.4% |
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 20 October 2026 via checked.be.