GALAXY GAMES: 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 GAMES
Largest movements
- Receivables within one year +€104,135
up €104,135 (+37.6%), from €277,063 to €381,198
of which Trade receivables: +€170,584
- Tangible fixed assets -€33,410
down €33,410 (-16.4%), from €204,101 to €170,692
of which Furniture and vehicles: -€24,200
- Cash -€17,909
no longer reported in 2024 (was €17,909)
mainly Receivables within one year (-€104,135) and Net result for the year (-€22,054)
- Other debts +€49,908
up €49,908 (+75.1%), from €66,470 to €116,378
- Trade debts +€24,227
up €24,227 (+3787.8%), from €640 to €24,866
- Profit (loss) carried forward -€22,054
down €22,054 (-16.7%), from €132,384 to €110,330
- Gross operating margin -€62,478
down €62,478 (-35.9%), from €173,840 to €111,363
- Taxes -€40,809
no longer reported in 2024 (was €40,809)
- Other operating charges -€28,088
down €28,088 (-35.6%), from €78,821 to €50,733
- Financial charges +€19,914
up €19,914 (+340.8%), from €5,843 to €25,756
of which Non-recurring financial charges: +€24,200
- Staff costs -€15,643
down €15,643 (-40.0%), from €39,136 to €23,493
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €517,180 | €569,996 | +€52,816 | +10.2% |
| Fixed assets | 21/28 | €222,208 | €188,798 | -€33,410 | -15.0% |
| Tangible fixed assets | 22/27 | €204,101 | €170,692 | -€33,410 | -16.4% |
| Plant, machinery and equipment | 23 | €157,801 | €153,012 | -€4,790 | -3.0% |
| Furniture and vehicles | 24 | €24,200 | - | -€24,200 | |
| Leasing and similar rights | 25 | €22,100 | €17,680 | -€4,420 | -20.0% |
| Financial fixed assets | 28 | €18,106 | €18,106 | = | 0.0% |
| Current assets | 29/58 | €294,972 | €381,198 | +€86,226 | +29.2% |
| Amounts receivable within one year | 40/41 | €277,063 | €381,198 | +€104,135 | +37.6% |
| Trade receivables | 40 | €185,783 | €356,367 | +€170,584 | +91.8% |
| Other amounts receivable | 41 | €91,280 | €24,831 | -€66,449 | -72.8% |
| Cash at bank and in hand | 54/58 | €17,909 | - | -€17,909 | |
| Total equity and liabilities | 10/49 | €517,180 | €569,996 | +€52,816 | +10.2% |
| Equity | 10/15 | €433,784 | €411,730 | -€22,054 | -5.1% |
| Contributions | 10/11 | €274,000 | €274,000 | = | 0.0% |
| Contributions outside capital | 11 | €274,000 | €274,000 | = | 0.0% |
| Share premium | 1100/10 | €274,000 | €274,000 | = | 0.0% |
| Reserves | 13 | €27,400 | €27,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €27,400 | €27,400 | = | 0.0% |
| Legal reserve | 130 | €27,400 | €27,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €132,384 | €110,330 | -€22,054 | -16.7% |
| Amounts payable | 17/49 | €83,396 | €158,266 | +€74,870 | +89.8% |
| Amounts payable within one year | 42/48 | €83,396 | €158,266 | +€74,870 | +89.8% |
| Financial debts | 43 | €16,286 | €13,471 | -€2,815 | -17.3% |
| Credit institutions | 430/8 | €16,286 | €13,471 | -€2,815 | -17.3% |
| Trade debts | 44 | €640 | €24,866 | +€24,227 | +3787.8% |
| Suppliers | 440/4 | €640 | €24,866 | +€24,227 | +3787.8% |
| Taxes, remuneration and social security | 45 | - | €3,550 | +€3,550 | |
| Remuneration and social security | 454/9 | - | €3,550 | +€3,550 | |
| Other amounts payable | 47/48 | €66,470 | €116,378 | +€49,908 | +75.1% |
| Remuneration, social security and pensions | 62 | €39,136 | €23,493 | -€15,643 | -40.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,153 | €33,435 | +€282 | +0.9% |
| Other operating charges | 640/8 | €78,821 | €50,733 | -€28,088 | -35.6% |
| Gross operating margin | 9900 | €173,840 | €111,363 | -€62,478 | -35.9% |
| Operating profit (loss) | 9901 | €22,732 | €3,702 | -€19,029 | -83.7% |
| Financial charges | 65/66B | €5,843 | €25,756 | +€19,914 | +340.8% |
| Recurring financial charges | 65 | €5,843 | €1,556 | -€4,286 | -73.4% |
| Non-recurring financial charges | 66B | - | €24,200 | +€24,200 | |
| Profit (loss) for the period before taxes | 9903 | €16,889 | -€22,054 | -€38,943 | |
| Income taxes | 67/77 | €40,809 | - | -€40,809 | |
| Profit (loss) for the period | 9904 | -€23,920 | -€22,054 | +€1,866 | +7.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,920 | -€22,054 | +€1,866 | +7.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.