Galaxy Retail: 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 Retail
Largest movements
- Cash -€10,362
down €10,362 (-49.8%), from €20,815 to €10,453
mainly Trade debts (-€19,131) and Other debts (-€529)
- Receivables within one year -€4,203
down €4,203 (-8.0%), from €52,322 to €48,120
of which Trade receivables: -€6,124
- Trade debts -€19,131
down €19,131 (-39.3%), from €48,626 to €29,494
- Tax, wage and social debts +€4,882
up €4,882 (+290%), from €1,684 to €6,567
- Gross operating margin -€944
down €944 (-52.1%), from €1,812 to €868
- Other operating charges -€440
down €440 (-87.0%), from €505 to €66
- Taxes -€122
down €122 (-54.9%), from €223 to €100
- Financial charges -€102
down €102 (-71.7%), from €143 to €40
- Financial income -€44
down €44 (-96.1%), from €45 to €2
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 | €75,234 | €60,613 | -€14,621 | -19.4% |
| Fixed assets | 21/28 | €812 | €305 | -€506 | -62.4% |
| Tangible fixed assets | 22/27 | €812 | €305 | -€506 | -62.4% |
| Plant, machinery and equipment | 23 | €812 | €305 | -€506 | -62.4% |
| Current assets | 29/58 | €74,422 | €60,308 | -€14,114 | -19.0% |
| Stocks and contracts in progress | 3 | €1,285 | €1,735 | +€450 | +35.0% |
| Stocks | 30/36 | €1,285 | €1,735 | +€450 | +35.0% |
| Amounts receivable within one year | 40/41 | €52,322 | €48,120 | -€4,203 | -8.0% |
| Trade receivables | 40 | €29,781 | €23,657 | -€6,124 | -20.6% |
| Other amounts receivable | 41 | €22,542 | €24,463 | +€1,921 | +8.5% |
| Cash at bank and in hand | 54/58 | €20,815 | €10,453 | -€10,362 | -49.8% |
| Total equity and liabilities | 10/49 | €75,234 | €60,613 | -€14,621 | -19.4% |
| Equity | 10/15 | €20,967 | €21,124 | +€157 | +0.7% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €12,967 | €13,124 | +€157 | +1.2% |
| Non-distributable reserves | 130/1 | €800 | €800 | = | 0.0% |
| Reserves not available under the articles | 1311 | €800 | €800 | = | 0.0% |
| Distributable reserves | 133 | €12,167 | €12,324 | +€157 | +1.3% |
| Amounts payable | 17/49 | €54,267 | €39,489 | -€14,778 | -27.2% |
| Amounts payable within one year | 42/48 | €54,267 | €39,489 | -€14,778 | -27.2% |
| Trade debts | 44 | €48,626 | €29,494 | -€19,131 | -39.3% |
| Suppliers | 440/4 | €48,626 | €29,494 | -€19,131 | -39.3% |
| Taxes, remuneration and social security | 45 | €1,684 | €6,567 | +€4,882 | +290% |
| Taxes | 450/3 | €1,684 | €6,567 | +€4,882 | +290% |
| Other amounts payable | 47/48 | €3,957 | €3,428 | -€529 | -13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €506 | €506 | = | 0.0% |
| Other operating charges | 640/8 | €505 | €66 | -€440 | -87.0% |
| Gross operating margin | 9900 | €1,812 | €868 | -€944 | -52.1% |
| Operating profit (loss) | 9901 | €801 | €296 | -€504 | -63.0% |
| Financial income | 75/76B | €45 | €2 | -€44 | -96.1% |
| Recurring financial income | 75 | €45 | €2 | -€44 | -96.1% |
| Financial charges | 65/66B | €143 | €40 | -€102 | -71.7% |
| Recurring financial charges | 65 | €143 | €40 | -€102 | -71.7% |
| Profit (loss) for the period before taxes | 9903 | €704 | €258 | -€446 | -63.4% |
| Income taxes | 67/77 | €223 | €100 | -€122 | -54.9% |
| Profit (loss) for the period | 9904 | €481 | €157 | -€324 | -67.3% |
| Profit (loss) for the period to be appropriated | 9905 | €481 | €157 | -€324 | -67.3% |
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.