GALENA Consulting: 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.
GALENA Consulting
Largest movements
- Deferred charges and accrued income +€17,522
up €17,522 (+2,775%), from €632 to €18,153
- Cash +€7,926
up €7,926 (+51.4%), from €15,405 to €23,331
mainly Net result for the year (+€15,952) and Other debts (+€9,487)
- Tangible fixed assets -€4,154
down €4,154 (-37.1%), from €11,185 to €7,031
of which Furniture and vehicles: -€5,185
- Receivables within one year +€3,366
up €3,366 (+23.7%), from €14,185 to €17,552
of which Trade receivables: +€3,366
- Receivables after one year +€3,110
up €3,110 (+5.6%), from €55,840 to €58,950
- Profit (loss) carried forward +€15,952
up €15,952, from €0 to €15,952
- Other debts +€9,487
up €9,487 (+165%), from €5,746 to €15,233
- Trade debts +€6,000
up €6,000 (+247%), from €2,431 to €8,431
- Tax, wage and social debts -€3,669
down €3,669 (-12.8%), from €28,570 to €24,901
of which Taxes: -€6,469
- Gross operating margin +€19,337
up €19,337 (+101%), from €19,199 to €38,536
- Taxes +€7,203
up €7,203 (+132%), from €5,447 to €12,650
- Financial charges +€4,156
up €4,156 (+2,602%), from €160 to €4,315
- Other operating charges +€748
up €748 (+44.1%), from €1,698 to €2,446
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 | €97,247 | €125,017 | +€27,770 | +28.6% |
| Fixed assets | 21/28 | €11,185 | €7,031 | -€4,154 | -37.1% |
| Tangible fixed assets | 22/27 | €11,185 | €7,031 | -€4,154 | -37.1% |
| Plant, machinery and equipment | 23 | €6,000 | €7,031 | +€1,031 | +17.2% |
| Furniture and vehicles | 24 | €5,185 | €0 | -€5,185 | -100% |
| Current assets | 29/58 | €86,062 | €117,987 | +€31,924 | +37.1% |
| Amounts receivable after more than one year | 29 | €55,840 | €58,950 | +€3,110 | +5.6% |
| Other amounts receivable | 291 | €55,840 | €58,950 | +€3,110 | +5.6% |
| Amounts receivable within one year | 40/41 | €14,185 | €17,552 | +€3,366 | +23.7% |
| Trade receivables | 40 | €14,185 | €17,552 | +€3,366 | +23.7% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €15,405 | €23,331 | +€7,926 | +51.4% |
| Deferred charges and accrued income | 490/1 | €632 | €18,153 | +€17,522 | +2,775% |
| Total equity and liabilities | 10/49 | €97,247 | €125,017 | +€27,770 | +28.6% |
| Equity | 10/15 | €60,500 | €76,452 | +€15,952 | +26.4% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €59,000 | €59,000 | = | 0.0% |
| Distributable reserves | 133 | €59,000 | €59,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €15,952 | +€15,952 | |
| Amounts payable | 17/49 | €36,747 | €48,565 | +€11,818 | +32.2% |
| Amounts payable within one year | 42/48 | €36,747 | €48,565 | +€11,818 | +32.2% |
| Trade debts | 44 | €2,431 | €8,431 | +€6,000 | +247% |
| Suppliers | 440/4 | €2,431 | €8,431 | +€6,000 | +247% |
| Taxes, remuneration and social security | 45 | €28,570 | €24,901 | -€3,669 | -12.8% |
| Taxes | 450/3 | €28,570 | €22,101 | -€6,469 | -22.6% |
| Remuneration and social security | 454/9 | - | €2,800 | +€2,800 | |
| Other amounts payable | 47/48 | €5,746 | €15,233 | +€9,487 | +165% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,412 | €6,283 | -€129 | -2.0% |
| Other operating charges | 640/8 | €1,698 | €2,446 | +€748 | +44.1% |
| Gross operating margin | 9900 | €19,199 | €38,536 | +€19,337 | +101% |
| Operating profit (loss) | 9901 | €11,089 | €29,806 | +€18,717 | +169% |
| Financial income | 75/76B | €3,125 | €3,110 | -€15 | -0.5% |
| Recurring financial income | 75 | €3,125 | €3,110 | -€15 | -0.5% |
| Financial charges | 65/66B | €160 | €4,315 | +€4,156 | +2,602% |
| Recurring financial charges | 65 | €160 | €4,315 | +€4,156 | +2,602% |
| Profit (loss) for the period before taxes | 9903 | €14,054 | €28,601 | +€14,547 | +104% |
| Income taxes | 67/77 | €5,447 | €12,650 | +€7,203 | +132% |
| Profit (loss) for the period | 9904 | €8,608 | €15,952 | +€7,344 | +85.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,608 | €15,952 | +€7,344 | +85.3% |
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 30 October 2026 via checked.be.