Galeni K.: 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.
Galeni K.
Largest movements
- Cash +€30,534
up €30,534 (+158.6%), from €19,248 to €49,782
mainly Net result for the year (+€26,085) and Tax, wage and social debts (+€8,701)
- Tangible fixed assets +€2,141
up €2,141 (+118.8%), from €1,802 to €3,942
- Receivables within one year +€1,913
up €1,913 (+19.7%), from €9,713 to €11,625
of which Trade receivables: +€1,916
- Reserves +€26,085
up €26,085 (+230.2%), from €11,333 to €37,418
- Tax, wage and social debts +€8,701
up €8,701 (+86.8%), from €10,028 to €18,729
- Gross operating margin +€22,434
up €22,434 (+129.7%), from €17,295 to €39,729
- Taxes +€6,009
up €6,009 (+129.9%), from €4,626 to €10,635
- Financial charges +€1,036
up €1,036 (+107.1%), from €968 to €2,004
- Depreciation +€783
up €783 (+809.0%), from €97 to €879
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 | €32,598 | €67,285 | +€34,688 | +106.4% |
| Fixed assets | 21/28 | €1,802 | €3,942 | +€2,141 | +118.8% |
| Tangible fixed assets | 22/27 | €1,802 | €3,942 | +€2,141 | +118.8% |
| Plant, machinery and equipment | 23 | €1,802 | €3,942 | +€2,141 | +118.8% |
| Current assets | 29/58 | €30,796 | €63,343 | +€32,547 | +105.7% |
| Amounts receivable within one year | 40/41 | €9,713 | €11,625 | +€1,913 | +19.7% |
| Trade receivables | 40 | €9,680 | €11,596 | +€1,916 | +19.8% |
| Other amounts receivable | 41 | €33 | €30 | -€3 | -9.9% |
| Cash at bank and in hand | 54/58 | €19,248 | €49,782 | +€30,534 | +158.6% |
| Deferred charges and accrued income | 490/1 | €1,835 | €1,935 | +€101 | +5.5% |
| Total equity and liabilities | 10/49 | €32,598 | €67,285 | +€34,688 | +106.4% |
| Equity | 10/15 | €21,333 | €47,418 | +€26,085 | +122.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €11,333 | €37,418 | +€26,085 | +230.2% |
| Distributable reserves | 133 | €11,333 | €37,418 | +€26,085 | +230.2% |
| Amounts payable | 17/49 | €11,265 | €19,868 | +€8,603 | +76.4% |
| Amounts payable within one year | 42/48 | €11,265 | €19,868 | +€8,603 | +76.4% |
| Trade debts | 44 | €1,236 | €1,138 | -€98 | -7.9% |
| Suppliers | 440/4 | €1,236 | €1,138 | -€98 | -7.9% |
| Taxes, remuneration and social security | 45 | €10,028 | €18,729 | +€8,701 | +86.8% |
| Taxes | 450/3 | €10,028 | €18,729 | +€8,701 | +86.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €97 | €879 | +€783 | +809.0% |
| Other operating charges | 640/8 | €275 | €128 | -€147 | -53.5% |
| Gross operating margin | 9900 | €17,295 | €39,729 | +€22,434 | +129.7% |
| Operating profit (loss) | 9901 | €16,924 | €38,722 | +€21,798 | +128.8% |
| Financial income | 75/76B | €3 | €2 | -€1 | -40.3% |
| Recurring financial income | 75 | €3 | €2 | -€1 | -40.3% |
| Financial charges | 65/66B | €968 | €2,004 | +€1,036 | +107.1% |
| Recurring financial charges | 65 | €968 | €2,004 | +€1,036 | +107.1% |
| Profit (loss) for the period before taxes | 9903 | €15,959 | €36,720 | +€20,760 | +130.1% |
| Income taxes | 67/77 | €4,626 | €10,635 | +€6,009 | +129.9% |
| Profit (loss) for the period | 9904 | €11,333 | €26,085 | +€14,752 | +130.2% |
| Profit (loss) for the period to be appropriated | 9905 | €11,333 | €26,085 | +€14,752 | +130.2% |
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 8 October 2026 via checked.be.