GALAXY - TECH: 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 - TECH
Largest movements
- Stocks and contracts -€1,747
down €1,747 (-9.9%), from €17,677 to €15,929
- Short-term financial debts -€17,053
down €17,053 (-75.2%), from €22,676 to €5,623
- Trade debts +€8,599
up €8,599 (+510.9%), from €1,683 to €10,282
- Profit (loss) carried forward +€3,702
up €3,702 (+7.3%), from -€50,991 to -€47,289
- Tax, wage and social debts +€2,390
new in 2025: €2,390
- Gross operating margin +€14,352
up €14,352, from -€12,098 to €2,254
- Financial income -€477
down €477 (-9.2%), from €5,172 to €4,695
- Financial charges -€397
down €397 (-13.1%), from €3,036 to €2,639
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €100,969 | €98,607 | -€2,362 | -2.3% |
| Fixed assets | 21/28 | €137 | - | -€137 | |
| Tangible fixed assets | 22/27 | €137 | - | -€137 | |
| Furniture and vehicles | 24 | €137 | - | -€137 | |
| Current assets | 29/58 | €100,832 | €98,607 | -€2,225 | -2.2% |
| Stocks and contracts in progress | 3 | €17,677 | €15,929 | -€1,747 | -9.9% |
| Stocks | 30/36 | €17,677 | €15,929 | -€1,747 | -9.9% |
| Amounts receivable within one year | 40/41 | €83,155 | €82,491 | -€664 | -0.8% |
| Trade receivables | 40 | €2,412 | €889 | -€1,522 | -63.1% |
| Other amounts receivable | 41 | €80,744 | €81,602 | +€858 | +1.1% |
| Deferred charges and accrued income | 490/1 | - | €186 | +€186 | |
| Total equity and liabilities | 10/49 | €100,969 | €98,607 | -€2,362 | -2.3% |
| Equity | 10/15 | €76,609 | €80,311 | +€3,702 | +4.8% |
| Contributions | 10/11 | €116,000 | €116,000 | = | 0.0% |
| Capital | 10 | €116,000 | €116,000 | = | 0.0% |
| Issued capital | 100 | €116,000 | €116,000 | = | 0.0% |
| Reserves | 13 | €11,600 | €11,600 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,600 | €11,600 | = | 0.0% |
| Legal reserve | 130 | €11,600 | €11,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,991 | -€47,289 | +€3,702 | +7.3% |
| Amounts payable | 17/49 | €24,360 | €18,295 | -€6,064 | -24.9% |
| Amounts payable within one year | 42/48 | €24,360 | €18,295 | -€6,064 | -24.9% |
| Financial debts | 43 | €22,676 | €5,623 | -€17,053 | -75.2% |
| Credit institutions | 430/8 | €22,676 | €5,623 | -€17,053 | -75.2% |
| Trade debts | 44 | €1,683 | €10,282 | +€8,599 | +510.9% |
| Suppliers | 440/4 | €1,683 | €10,282 | +€8,599 | +510.9% |
| Taxes, remuneration and social security | 45 | - | €2,390 | +€2,390 | |
| Taxes | 450/3 | - | €2,390 | +€2,390 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €137 | €137 | +€0 | 0.0% |
| Other operating charges | 640/8 | €457 | €471 | +€15 | +3.2% |
| Gross operating margin | 9900 | -€12,098 | €2,254 | +€14,352 | |
| Operating profit (loss) | 9901 | -€12,692 | €1,646 | +€14,338 | |
| Financial income | 75/76B | €5,172 | €4,695 | -€477 | -9.2% |
| Recurring financial income | 75 | €5,172 | €4,695 | -€477 | -9.2% |
| Financial charges | 65/66B | €3,036 | €2,639 | -€397 | -13.1% |
| Recurring financial charges | 65 | €3,036 | €2,639 | -€397 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | -€10,556 | €3,702 | +€14,258 | |
| Profit (loss) for the period | 9904 | -€10,556 | €3,702 | +€14,258 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,556 | €3,702 | +€14,258 |
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 10 October 2026 via checked.be.