Galaxy Ways: what changed
Two fiscal 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 Ways
Largest movements
- Receivables within one year +€31,626
up €31,626 (+35.2%), from €89,852 to €121,479
- Cash -€13,535
down €13,535 (-83.2%), from €16,269 to €2,735
mainly Receivables within one year (-€31,626)
- Short-term financial debts +€16,412
new in 2024: €16,412
- Staff costs +€41,908
up €41,908 (+175.2%), from €23,925 to €65,832
- Gross operating margin +€35,856
up €35,856 (+80.6%), from €44,464 to €80,320
- Turnover +€27,089
up €27,089 (+44.2%), from €61,219 to €88,308
- Purchases and services -€7,742
down €7,742 (-39.2%), from €19,773 to €12,031
- Other operating charges +€6,421
up €6,421 (+1118.7%), from €574 to €6,995
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 | €106,122 | €124,214 | +€18,092 | +17.0% |
| Current assets | 29/58 | €106,122 | €124,214 | +€18,092 | +17.0% |
| Amounts receivable within one year | 40/41 | €89,852 | €121,479 | +€31,626 | +35.2% |
| Other amounts receivable | 41 | €89,852 | €121,479 | +€31,626 | +35.2% |
| Cash at bank and in hand | 54/58 | €16,269 | €2,735 | -€13,535 | -83.2% |
| Total equity and liabilities | 10/49 | €106,122 | €124,214 | +€18,092 | +17.0% |
| Equity | 10/15 | €100,211 | €101,402 | +€1,191 | +1.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,351 | €49,542 | +€1,191 | +2.5% |
| Amounts payable | 17/49 | €5,911 | €22,812 | +€16,901 | +285.9% |
| Amounts payable within one year | 42/48 | €5,911 | €22,812 | +€16,901 | +285.9% |
| Financial debts | 43 | - | €16,412 | +€16,412 | |
| Credit institutions | 430/8 | - | €16,412 | +€16,412 | |
| Trade debts | 44 | €5,911 | €6,400 | +€489 | +8.3% |
| Suppliers | 440/4 | €5,911 | €6,400 | +€489 | +8.3% |
| Turnover | 70 | €61,219 | €88,308 | +€27,089 | +44.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €19,773 | €12,031 | -€7,742 | -39.2% |
| Remuneration, social security and pensions | 62 | €23,925 | €65,832 | +€41,908 | +175.2% |
| Other operating charges | 640/8 | €574 | €6,995 | +€6,421 | +1118.7% |
| Gross operating margin | 9900 | €44,464 | €80,320 | +€35,856 | +80.6% |
| Operating profit (loss) | 9901 | €19,965 | €7,492 | -€12,473 | -62.5% |
| Financial charges | 65/66B | €278 | €212 | -€66 | -23.7% |
| Recurring financial charges | 65 | €278 | €212 | -€66 | -23.7% |
| Profit (loss) for the period before taxes | 9903 | €19,687 | €7,280 | -€12,407 | -63.0% |
| Income taxes | 67/77 | €330 | €6,089 | +€5,759 | +1744.2% |
| Profit (loss) for the period | 9904 | €19,357 | €1,191 | -€18,166 | -93.8% |
| Profit (loss) for the period to be appropriated | 9905 | €19,357 | €1,191 | -€18,166 | -93.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.