Galenus Inc.: 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.
Galenus Inc.
Largest movements
- Cash +€38,015
up €38,015 (+113%), from €33,597 to €71,612
mainly Other debts (+€49,795) and Net result for the year (+€35,128)
- Receivables within one year +€7,167
up €7,167 (+15.9%), from €45,094 to €52,262
of which Trade receivables: +€4,803
- Other debts +€49,795
up €49,795 (+307%), from €16,213 to €66,008
- Reserves -€21,872
down €21,872 (-37.8%), from €57,808 to €35,937
- Tax, wage and social debts +€8,646
up €8,646 (+333%), from €2,596 to €11,242
- Trade debts +€8,612
up €8,612 (+547%), from €1,574 to €10,187
- Gross operating margin +€38,423
up €38,423 (+343%), from €11,204 to €49,627
- Taxes +€9,881
up €9,881 (+402%), from €2,460 to €12,341
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 | €81,192 | €126,374 | +€45,182 | +55.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Current assets | 29/58 | €81,192 | €126,374 | +€45,182 | +55.6% |
| Stocks and contracts in progress | 3 | €2,500 | €2,500 | = | 0.0% |
| Stocks | 30/36 | €2,500 | €2,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €45,094 | €52,262 | +€7,167 | +15.9% |
| Trade receivables | 40 | €42,603 | €47,407 | +€4,803 | +11.3% |
| Other amounts receivable | 41 | €2,491 | €4,855 | +€2,364 | +94.9% |
| Cash at bank and in hand | 54/58 | €33,597 | €71,612 | +€38,015 | +113% |
| Total equity and liabilities | 10/49 | €81,192 | €126,374 | +€45,182 | +55.6% |
| Equity | 10/15 | €60,808 | €38,937 | -€21,872 | -36.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €57,808 | €35,937 | -€21,872 | -37.8% |
| Distributable reserves | 133 | €57,808 | €35,937 | -€21,872 | -37.8% |
| Amounts payable | 17/49 | €20,383 | €87,437 | +€67,054 | +329% |
| Amounts payable within one year | 42/48 | €20,383 | €87,437 | +€67,054 | +329% |
| Trade debts | 44 | €1,574 | €10,187 | +€8,612 | +547% |
| Suppliers | 440/4 | €1,574 | €10,187 | +€8,612 | +547% |
| Taxes, remuneration and social security | 45 | €2,596 | €11,242 | +€8,646 | +333% |
| Taxes | 450/3 | €2,596 | €11,242 | +€8,646 | +333% |
| Other amounts payable | 47/48 | €16,213 | €66,008 | +€49,795 | +307% |
| Other operating charges | 640/8 | €629 | €916 | +€287 | +45.6% |
| Gross operating margin | 9900 | €11,204 | €49,627 | +€38,423 | +343% |
| Operating profit (loss) | 9901 | €10,575 | €48,711 | +€38,136 | +361% |
| Financial income | 75/76B | €81 | €0 | -€81 | -100.0% |
| Recurring financial income | 75 | €81 | €0 | -€81 | -100.0% |
| Financial charges | 65/66B | €1,302 | €1,242 | -€59 | -4.6% |
| Recurring financial charges | 65 | €1,302 | €1,242 | -€59 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | €9,355 | €47,469 | +€38,114 | +407% |
| Income taxes | 67/77 | €2,460 | €12,341 | +€9,881 | +402% |
| Profit (loss) for the period | 9904 | €6,895 | €35,128 | +€28,233 | +409% |
| Profit (loss) for the period to be appropriated | 9905 | €6,895 | €35,128 | +€28,233 | +409% |
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 27 October 2026 via checked.be.