GALBADEVI: 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.
GALBADEVI
Largest movements
- Tangible fixed assets -€5,406
down €5,406 (-32.9%), from €16,435 to €11,029
of which Furniture and vehicles: -€5,160
- Cash +€3,540
up €3,540 (+35.1%), from €10,073 to €13,613
mainly Depreciation (+€5,406) and Other debts (+€2,983)
- Receivables within one year +€694
new in 2025: €694
- Profit (loss) carried forward -€3,895
down €3,895 (-7333.1%), from -€53 to -€3,948
- Other debts +€2,983
up €2,983 (+13.9%), from €21,392 to €24,375
- Debts after one year -€900
no longer reported in 2025 (was €900)
- Trade debts +€877
up €877 (+151284.5%), from €1 to €878
- Current portion of long-term debt -€300
down €300 (-25.0%), from €1,200 to €900
- Depreciation +€4,810
up €4,810 (+806.0%), from €597 to €5,406
- Gross operating margin +€1,575
up €1,575 (+211.8%), from €744 to €2,318
- Other operating charges +€528
up €528 (+1298.1%), from €41 to €569
- Financial charges +€87
up €87 (+158.5%), from €55 to €143
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
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 | €27,752 | €26,590 | -€1,162 | -4.2% |
| Fixed assets | 21/28 | €16,435 | €11,029 | -€5,406 | -32.9% |
| Tangible fixed assets | 22/27 | €16,435 | €11,029 | -€5,406 | -32.9% |
| Furniture and vehicles | 24 | €15,266 | €10,106 | -€5,160 | -33.8% |
| Other tangible fixed assets | 26 | €1,169 | €923 | -€246 | -21.1% |
| Current assets | 29/58 | €11,316 | €15,561 | +€4,245 | +37.5% |
| Amounts receivable within one year | 40/41 | - | €694 | +€694 | |
| Trade receivables | 40 | - | €694 | +€694 | |
| Cash at bank and in hand | 54/58 | €10,073 | €13,613 | +€3,540 | +35.1% |
| Deferred charges and accrued income | 490/1 | €1,243 | €1,253 | +€10 | +0.8% |
| Total equity and liabilities | 10/49 | €27,752 | €26,590 | -€1,162 | -4.2% |
| Equity | 10/15 | €3,447 | -€448 | -€3,895 | |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53 | -€3,948 | -€3,895 | -7333.1% |
| Amounts payable | 17/49 | €24,305 | €27,038 | +€2,734 | +11.2% |
| Amounts payable after more than one year | 17 | €900 | - | -€900 | |
| Trade debts | 175 | €900 | - | -€900 | |
| Amounts payable within one year | 42/48 | €23,383 | €27,038 | +€3,656 | +15.6% |
| Current portion of amounts payable after more than one year | 42 | €1,200 | €900 | -€300 | -25.0% |
| Trade debts | 44 | €1 | €878 | +€877 | +151284.5% |
| Suppliers | 440/4 | €1 | €878 | +€877 | +151284.5% |
| Taxes, remuneration and social security | 45 | €790 | €885 | +€95 | +12.0% |
| Taxes | 450/3 | €790 | €885 | +€95 | +12.0% |
| Other amounts payable | 47/48 | €21,392 | €24,375 | +€2,983 | +13.9% |
| Accrued charges and deferred income | 492/3 | €22 | - | -€22 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €597 | €5,406 | +€4,810 | +806.0% |
| Other operating charges | 640/8 | €41 | €569 | +€528 | +1298.1% |
| Gross operating margin | 9900 | €744 | €2,318 | +€1,575 | +211.8% |
| Operating profit (loss) | 9901 | €106 | -€3,657 | -€3,763 | |
| Financial income | 75/76B | €18 | €36 | +€18 | +101.9% |
| Recurring financial income | 75 | €18 | €36 | +€18 | +101.9% |
| Financial charges | 65/66B | €55 | €143 | +€87 | +158.5% |
| Recurring financial charges | 65 | €55 | €143 | +€87 | +158.5% |
| Profit (loss) for the period before taxes | 9903 | €69 | -€3,763 | -€3,832 | |
| Income taxes | 67/77 | €122 | €132 | +€10 | +8.2% |
| Profit (loss) for the period | 9904 | -€53 | -€3,895 | -€3,842 | -7233.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€53 | -€3,895 | -€3,842 | -7233.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.