Galeyn MGMT: what changed
Galeyn MGMT
Largest movements
- Tangible fixed assets -€4,881
down €4,881 (-24.9%), from €19,570 to €14,689
- Cash +€3,275
up €3,275 (+110%), from €2,975 to €6,250
mainly Net result for the year (+€9,910) and Depreciation (+€9,053)
- Receivables within one year -€2,522
down €2,522 (-12.5%), from €20,163 to €17,641
of which Trade receivables: -€2,522
- Profit (loss) carried forward +€9,910
up €9,910 (+74.7%), from -€13,264 to -€3,354
- Tax, wage and social debts -€5,187
down €5,187 (-40.6%), from €12,760 to €7,574
of which Remuneration and social security: -€6,707
- Trade debts -€4,460
down €4,460 (-58.8%), from €7,589 to €3,129
- Accrued charges and deferred income -€3,000
down €3,000 (-94.9%), from €3,160 to €160
- Other debts -€1,283
down €1,283 (-9.8%), from €13,071 to €11,788
- Staff costs -€20,249
down €20,249 (-71.5%), from €28,338 to €8,088
- Gross operating margin +€8,502
up €8,502 (+35.5%), from €23,961 to €32,463
- Taxes +€4,018
up €4,018 (+1,732%), from €232 to €4,250
- Depreciation +€1,055
up €1,055 (+13.2%), from €7,998 to €9,053
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €43,503 | €39,483 | -€4,019 | -9.2% |
| Fixed assets | 21/28 | €19,570 | €14,689 | -€4,881 | -24.9% |
| Tangible fixed assets | 22/27 | €19,570 | €14,689 | -€4,881 | -24.9% |
| Furniture and vehicles | 24 | €19,570 | €14,689 | -€4,881 | -24.9% |
| Current assets | 29/58 | €23,933 | €24,795 | +€862 | +3.6% |
| Amounts receivable within one year | 40/41 | €20,163 | €17,641 | -€2,522 | -12.5% |
| Trade receivables | 40 | €17,395 | €14,873 | -€2,522 | -14.5% |
| Other amounts receivable | 41 | €2,768 | €2,768 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,975 | €6,250 | +€3,275 | +110% |
| Deferred charges and accrued income | 490/1 | €795 | €904 | +€109 | +13.7% |
| Total equity and liabilities | 10/49 | €43,503 | €39,483 | -€4,019 | -9.2% |
| Equity | 10/15 | €6,922 | €16,833 | +€9,910 | +143% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €186 | €186 | = | 0.0% |
| Distributable reserves | 133 | €186 | €186 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,264 | -€3,354 | +€9,910 | +74.7% |
| Amounts payable | 17/49 | €36,581 | €22,651 | -€13,930 | -38.1% |
| Amounts payable within one year | 42/48 | €33,421 | €22,491 | -€10,930 | -32.7% |
| Trade debts | 44 | €7,589 | €3,129 | -€4,460 | -58.8% |
| Suppliers | 440/4 | €7,589 | €3,129 | -€4,460 | -58.8% |
| Taxes, remuneration and social security | 45 | €12,760 | €7,574 | -€5,187 | -40.6% |
| Taxes | 450/3 | €5,645 | €7,165 | +€1,521 | +26.9% |
| Remuneration and social security | 454/9 | €7,115 | €408 | -€6,707 | -94.3% |
| Other amounts payable | 47/48 | €13,071 | €11,788 | -€1,283 | -9.8% |
| Accrued charges and deferred income | 492/3 | €3,160 | €160 | -€3,000 | -94.9% |
| Remuneration, social security and pensions | 62 | €28,338 | €8,088 | -€20,249 | -71.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,998 | €9,053 | +€1,055 | +13.2% |
| Other operating charges | 640/8 | €422 | €619 | +€196 | +46.5% |
| Gross operating margin | 9900 | €23,961 | €32,463 | +€8,502 | +35.5% |
| Operating profit (loss) | 9901 | -€12,797 | €14,703 | +€27,500 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €235 | €543 | +€308 | +131% |
| Recurring financial charges | 65 | €235 | €543 | +€308 | +131% |
| Profit (loss) for the period before taxes | 9903 | -€13,032 | €14,160 | +€27,192 | |
| Income taxes | 67/77 | €232 | €4,250 | +€4,018 | +1,732% |
| Profit (loss) for the period | 9904 | -€13,264 | €9,910 | +€23,174 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,264 | €9,910 | +€23,174 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.