GALAXY ENTERTAINMENT: 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.
GALAXY ENTERTAINMENT
Largest movements
- Receivables within one year +€24,693
new in 2025: €24,693
- Debts after one year -€193,376
down €193,376 (-31.6%), from €611,133 to €417,757
- Other debts +€117,606
up €117,606 (+79.7%), from €147,519 to €265,125
- Profit (loss) carried forward +€52,459
up €52,459 (+54.9%), from €95,470 to €147,929
- Current portion of long-term debt +€39,306
up €39,306 (+24.5%), from €160,476 to €199,781
- Gross operating margin -€62,544
down €62,544 (-38.7%), from €161,726 to €99,182
- Taxes -€13,352
down €13,352 (-40.8%), from €32,721 to €19,369
- Financial charges -€9,142
down €9,142 (-28.2%), from €32,449 to €23,307
- Other operating charges +€2,433
up €2,433 (+224%), from €1,086 to €3,518
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 | €1,500,612 | €1,525,093 | +€24,480 | +1.6% |
| Fixed assets | 21/28 | €1,500,400 | €1,500,400 | = | 0.0% |
| Financial fixed assets | 28 | €1,500,400 | €1,500,400 | = | 0.0% |
| Current assets | 29/58 | €212 | €24,693 | +€24,480 | +11,524% |
| Amounts receivable within one year | 40/41 | - | €24,693 | +€24,693 | |
| Trade receivables | 40 | - | €24,693 | +€24,693 | |
| Cash at bank and in hand | 54/58 | €212 | - | -€212 | |
| Deferred charges and accrued income | 490/1 | - | €0 | +€0 | |
| Total equity and liabilities | 10/49 | €1,500,612 | €1,525,093 | +€24,480 | +1.6% |
| Equity | 10/15 | €508,819 | €561,278 | +€52,459 | +10.3% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €263,349 | €263,349 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €248,349 | €248,349 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,470 | €147,929 | +€52,459 | +54.9% |
| Amounts payable | 17/49 | €991,794 | €963,815 | -€27,978 | -2.8% |
| Amounts payable after more than one year | 17 | €611,133 | €417,757 | -€193,376 | -31.6% |
| Financial debts | 170/4 | €611,133 | €417,757 | -€193,376 | -31.6% |
| Amounts payable within one year | 42/48 | €380,661 | €536,608 | +€155,948 | +41.0% |
| Current portion of amounts payable after more than one year | 42 | €160,476 | €199,781 | +€39,306 | +24.5% |
| Trade debts | 44 | €5,031 | €5,647 | +€616 | +12.2% |
| Suppliers | 440/4 | €5,031 | €5,647 | +€616 | +12.2% |
| Taxes, remuneration and social security | 45 | €67,635 | €66,055 | -€1,580 | -2.3% |
| Taxes | 450/3 | €67,635 | €66,055 | -€1,580 | -2.3% |
| Other amounts payable | 47/48 | €147,519 | €265,125 | +€117,606 | +79.7% |
| Accrued charges and deferred income | 492/3 | - | €9,450 | +€9,450 | |
| Other operating charges | 640/8 | €1,086 | €3,518 | +€2,433 | +224% |
| Non-recurring operating charges | 66A | - | €528 | +€528 | |
| Gross operating margin | 9900 | €161,726 | €99,182 | -€62,544 | -38.7% |
| Operating profit (loss) | 9901 | €160,640 | €95,135 | -€65,506 | -40.8% |
| Financial charges | 65/66B | €32,449 | €23,307 | -€9,142 | -28.2% |
| Recurring financial charges | 65 | €32,449 | €23,307 | -€9,142 | -28.2% |
| Profit (loss) for the period before taxes | 9903 | €128,191 | €71,828 | -€56,363 | -44.0% |
| Income taxes | 67/77 | €32,721 | €19,369 | -€13,352 | -40.8% |
| Profit (loss) for the period | 9904 | €95,470 | €52,459 | -€43,011 | -45.1% |
| Profit (loss) for the period to be appropriated | 9905 | €95,470 | €52,459 | -€43,011 | -45.1% |
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 30 October 2026 via checked.be.