GALAXY CONCEPT: 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.
GALAXY CONCEPT
Largest movements
- Cash -€353
down €353 (-19.6%), from €1,802 to €1,450
mainly Other debts (-€755) and Net result for the year (-€560)
- Receivables within one year +€258
up €258 (+2.2%), from €11,615 to €11,874
of which Trade receivables: +€401
- Tax, wage and social debts +€1,145
up €1,145 (+33.3%), from €3,445 to €4,590
of which Remuneration and social security: +€3,695
- Other debts -€755
down €755 (-60.2%), from €1,255 to €500
- Reserves -€560
down €560 (-7.4%), from €7,609 to €7,048
- Turnover +€100,497
new in 2025: €100,497
- Purchases and services +€98,995
new in 2025: €98,995
- Gross operating margin -€10,883
down €10,883 (-87.9%), from €12,385 to €1,502
- Taxes -€2,686
down €2,686 (-78.0%), from €3,445 to €759
- Depreciation -€1,222
no longer reported in 2025 (was €1,222)
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 | €13,417 | €13,323 | -€94 | -0.7% |
| Current assets | 29/58 | €13,417 | €13,323 | -€94 | -0.7% |
| Amounts receivable within one year | 40/41 | €11,615 | €11,874 | +€258 | +2.2% |
| Trade receivables | 40 | €10,821 | €11,222 | +€401 | +3.7% |
| Other amounts receivable | 41 | €795 | €652 | -€143 | -17.9% |
| Cash at bank and in hand | 54/58 | €1,802 | €1,450 | -€353 | -19.6% |
| Total equity and liabilities | 10/49 | €13,417 | €13,323 | -€94 | -0.7% |
| Equity | 10/15 | €8,609 | €8,048 | -€560 | -6.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €7,609 | €7,048 | -€560 | -7.4% |
| Distributable reserves | 133 | €7,609 | €7,048 | -€560 | -7.4% |
| Amounts payable | 17/49 | €4,809 | €5,275 | +€466 | +9.7% |
| Amounts payable within one year | 42/48 | €4,809 | €5,275 | +€466 | +9.7% |
| Trade debts | 44 | €109 | €184 | +€76 | +69.7% |
| Suppliers | 440/4 | €109 | €184 | +€76 | +69.7% |
| Taxes, remuneration and social security | 45 | €3,445 | €4,590 | +€1,145 | +33.3% |
| Taxes | 450/3 | €3,445 | €895 | -€2,550 | -74.0% |
| Remuneration and social security | 454/9 | - | €3,695 | +€3,695 | |
| Other amounts payable | 47/48 | €1,255 | €500 | -€755 | -60.2% |
| Turnover | 70 | - | €100,497 | +€100,497 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €98,995 | +€98,995 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,222 | - | -€1,222 | |
| Other operating charges | 640/8 | €104 | €1,155 | +€1,051 | +1009.4% |
| Gross operating margin | 9900 | €12,385 | €1,502 | -€10,883 | -87.9% |
| Operating profit (loss) | 9901 | €11,059 | €347 | -€10,712 | -96.9% |
| Financial charges | 65/66B | €6 | €148 | +€142 | +2431.3% |
| Recurring financial charges | 65 | €6 | €148 | +€142 | +2431.3% |
| Profit (loss) for the period before taxes | 9903 | €11,053 | €199 | -€10,855 | -98.2% |
| Income taxes | 67/77 | €3,445 | €759 | -€2,686 | -78.0% |
| Profit (loss) for the period | 9904 | €7,609 | -€560 | -€8,169 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,609 | -€560 | -€8,169 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.