Galène Event: 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.
Galène Event
Largest movements
- Cash -€53,348
down €53,348 (-59.9%), from €89,088 to €35,739
mainly Investment in fixed assets (net) (-€61,619) and Trade debts (-€49,554)
- Tangible fixed assets +€34,518
up €34,518 (+42.0%), from €82,198 to €116,716
- Deferred charges and accrued income +€3,173
up €3,173 (+252%), from €1,259 to €4,433
- Trade debts -€49,554
down €49,554 (-60.1%), from €82,458 to €32,903
- Debts after one year +€23,120
new in 2025: €23,120
- Tax, wage and social debts +€9,149
up €9,149 (+75.1%), from €12,180 to €21,329
of which Taxes: +€10,200
- Current portion of long-term debt +€7,043
new in 2025: €7,043
- Other debts -€6,388
down €6,388 (-22.0%), from €29,051 to €22,663
- Staff costs +€26,798
up €26,798 (+160%), from €16,758 to €43,555
- Depreciation +€15,249
up €15,249 (+129%), from €11,852 to €27,101
- Taxes -€7,776
down €7,776 (-86.2%), from €9,016 to €1,240
- Other operating charges -€7,310
down €7,310 (-74.0%), from €9,876 to €2,566
- Write-downs +€6,652
up €6,652, from -€6,652 to €0
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 | €258,859 | €246,885 | -€11,974 | -4.6% |
| Fixed assets | 21/28 | €82,323 | €116,841 | +€34,518 | +41.9% |
| Tangible fixed assets | 22/27 | €82,198 | €116,716 | +€34,518 | +42.0% |
| Furniture and vehicles | 24 | €82,198 | €116,716 | +€34,518 | +42.0% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €176,536 | €130,044 | -€46,492 | -26.3% |
| Stocks and contracts in progress | 3 | €15,999 | €17,999 | +€2,000 | +12.5% |
| Stocks | 30/36 | €15,999 | €17,999 | +€2,000 | +12.5% |
| Amounts receivable within one year | 40/41 | €70,190 | €71,873 | +€1,683 | +2.4% |
| Trade receivables | 40 | €64,776 | €71,704 | +€6,928 | +10.7% |
| Other amounts receivable | 41 | €5,414 | €169 | -€5,245 | -96.9% |
| Cash at bank and in hand | 54/58 | €89,088 | €35,739 | -€53,348 | -59.9% |
| Deferred charges and accrued income | 490/1 | €1,259 | €4,433 | +€3,173 | +252% |
| Total equity and liabilities | 10/49 | €258,859 | €246,885 | -€11,974 | -4.6% |
| Equity | 10/15 | €135,170 | €139,336 | +€4,166 | +3.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €128,970 | €133,136 | +€4,166 | +3.2% |
| Distributable reserves | 133 | €128,970 | €133,136 | +€4,166 | +3.2% |
| Amounts payable | 17/49 | €123,689 | €107,549 | -€16,140 | -13.0% |
| Amounts payable after more than one year | 17 | - | €23,120 | +€23,120 | |
| Financial debts | 170/4 | - | €23,120 | +€23,120 | |
| Amounts payable within one year | 42/48 | €123,689 | €83,939 | -€39,751 | -32.1% |
| Current portion of amounts payable after more than one year | 42 | - | €7,043 | +€7,043 | |
| Trade debts | 44 | €82,458 | €32,903 | -€49,554 | -60.1% |
| Suppliers | 440/4 | €82,458 | €32,903 | -€49,554 | -60.1% |
| Taxes, remuneration and social security | 45 | €12,180 | €21,329 | +€9,149 | +75.1% |
| Taxes | 450/3 | €10,184 | €20,383 | +€10,200 | +100% |
| Remuneration and social security | 454/9 | €1,997 | €946 | -€1,051 | -52.6% |
| Other amounts payable | 47/48 | €29,051 | €22,663 | -€6,388 | -22.0% |
| Accrued charges and deferred income | 492/3 | €0 | €491 | +€491 | |
| Remuneration, social security and pensions | 62 | €16,758 | €43,555 | +€26,798 | +160% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,852 | €27,101 | +€15,249 | +129% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€6,652 | €0 | +€6,652 | |
| Other operating charges | 640/8 | €9,876 | €2,566 | -€7,310 | -74.0% |
| Gross operating margin | 9900 | €78,963 | €79,462 | +€499 | +0.6% |
| Operating profit (loss) | 9901 | €47,129 | €6,240 | -€40,889 | -86.8% |
| Financial income | 75/76B | €329 | €713 | +€385 | +117% |
| Recurring financial income | 75 | €329 | €713 | +€385 | +117% |
| Financial charges | 65/66B | €535 | €1,547 | +€1,012 | +189% |
| Recurring financial charges | 65 | €535 | €1,547 | +€1,012 | +189% |
| Profit (loss) for the period before taxes | 9903 | €46,923 | €5,406 | -€41,516 | -88.5% |
| Income taxes | 67/77 | €9,016 | €1,240 | -€7,776 | -86.2% |
| Profit (loss) for the period | 9904 | €37,906 | €4,166 | -€33,740 | -89.0% |
| Profit (loss) for the period to be appropriated | 9905 | €37,906 | €4,166 | -€33,740 | -89.0% |
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 14 October 2026 via checked.be.