GALAXY TRADING: 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 TRADING
Largest movements
- Stocks and contracts -€105,579
down €105,579 (-65.1%), from €162,150 to €56,571
- Receivables within one year -€8,247
down €8,247 (-16.5%), from €49,951 to €41,705
of which Trade receivables: -€20,000
- Tangible fixed assets +€8,060
up €8,060 (+99.1%), from €8,133 to €16,193
of which Furniture and vehicles: +€9,560
- Cash +€3,872
up €3,872 (+6.5%), from €59,825 to €63,697
- Trade debts -€89,199
down €89,199 (-25.4%), from €351,806 to €262,607
- Profit (loss) carried forward -€12,695
down €12,695 (-13.8%), from -€91,747 to -€104,442
- Purchases and services -€179,278
down €179,278 (-16.1%), from €1.1m to €936,362
- Gross operating margin +€174,418
up €174,418 (+189%), from €92,259 to €266,677
- Staff costs +€80,672
up €80,672 (+58.9%), from €136,976 to €217,647
From the 2022 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.
Derived cash bridge
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €280,059 | €178,165 | -€101,894 | -36.4% |
| Fixed assets | 21/28 | €8,133 | €16,193 | +€8,060 | +99.1% |
| Tangible fixed assets | 22/27 | €8,133 | €16,193 | +€8,060 | +99.1% |
| Furniture and vehicles | 24 | €814 | €10,374 | +€9,560 | +1,175% |
| Other tangible fixed assets | 26 | €7,319 | €5,819 | -€1,500 | -20.5% |
| Current assets | 29/58 | €271,926 | €161,972 | -€109,954 | -40.4% |
| Stocks and contracts in progress | 3 | €162,150 | €56,571 | -€105,579 | -65.1% |
| Stocks | 30/36 | €162,150 | €56,571 | -€105,579 | -65.1% |
| Amounts receivable within one year | 40/41 | €49,951 | €41,705 | -€8,247 | -16.5% |
| Trade receivables | 40 | €30,500 | €10,500 | -€20,000 | -65.6% |
| Other amounts receivable | 41 | €19,451 | €31,205 | +€11,753 | +60.4% |
| Cash at bank and in hand | 54/58 | €59,825 | €63,697 | +€3,872 | +6.5% |
| Total equity and liabilities | 10/49 | €280,059 | €178,165 | -€101,894 | -36.4% |
| Equity | 10/15 | -€71,747 | -€84,442 | -€12,695 | -17.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,747 | -€104,442 | -€12,695 | -13.8% |
| Amounts payable | 17/49 | €351,806 | €262,607 | -€89,199 | -25.4% |
| Amounts payable within one year | 42/48 | €351,806 | €262,607 | -€89,199 | -25.4% |
| Trade debts | 44 | €351,806 | €262,607 | -€89,199 | -25.4% |
| Suppliers | 440/4 | €351,806 | €262,607 | -€89,199 | -25.4% |
| Turnover | 70 | €1,207,899 | €1,203,039 | -€4,860 | -0.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,115,640 | €936,362 | -€179,278 | -16.1% |
| Remuneration, social security and pensions | 62 | €136,976 | €217,647 | +€80,672 | +58.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €367 | €3,185 | +€2,818 | +768% |
| Other operating charges | 640/8 | €2,468 | €758 | -€1,709 | -69.3% |
| Gross operating margin | 9900 | €92,259 | €266,677 | +€174,418 | +189% |
| Operating profit (loss) | 9901 | -€47,552 | €45,086 | +€92,637 | |
| Financial charges | 65/66B | €537 | €261 | -€275 | -51.3% |
| Recurring financial charges | 65 | €537 | €261 | -€275 | -51.3% |
| Profit (loss) for the period before taxes | 9903 | -€48,088 | €44,824 | +€92,912 | |
| Income taxes | 67/77 | - | €83 | +€83 | |
| Profit (loss) for the period | 9904 | -€48,088 | €44,742 | +€92,830 | |
| Profit (loss) for the period to be appropriated | 9905 | -€48,088 | €44,742 | +€92,830 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.