Gali: 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.
Gali
Largest movements
- Tangible fixed assets +€363,543
up €363,543 (+106.6%), from €341,059 to €704,602
of which Land and buildings: +€364,071
- Cash +€10,254
new in 2025: €10,254
mainly Debts after one year (+€341,108) and Other debts (+€100,220)
- Debts after one year +€341,108
up €341,108 (+131.5%), from €259,438 to €600,545
of which Financial debts: +€339,328
- Other debts +€100,220
up €100,220 (+4322.7%), from €2,318 to €102,538
- Profit (loss) carried forward -€46,993
down €46,993 (-140.5%), from -€33,448 to -€80,441
- Short-term financial debts -€46,776
down €46,776 (-100.0%), from €46,776 to €0
- Current portion of long-term debt +€24,209
up €24,209 (+279.5%), from €8,661 to €32,870
- Other operating charges +€42,679
up €42,679 (+1377.3%), from €3,099 to €45,777
- Gross operating margin +€28,855
up €28,855 (+349.5%), from €8,257 to €37,111
- Depreciation -€10,933
down €10,933 (-47.4%), from €23,071 to €12,138
- Financial charges +€10,542
up €10,542 (+67.4%), from €15,647 to €26,189
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 | €345,230 | €721,216 | +€375,986 | +108.9% |
| Fixed assets | 21/28 | €341,059 | €704,602 | +€363,543 | +106.6% |
| Tangible fixed assets | 22/27 | €341,059 | €704,602 | +€363,543 | +106.6% |
| Land and buildings | 22 | €338,876 | €702,947 | +€364,071 | +107.4% |
| Furniture and vehicles | 24 | €2,183 | €1,654 | -€529 | -24.2% |
| Current assets | 29/58 | €4,170 | €16,614 | +€12,444 | +298.4% |
| Amounts receivable within one year | 40/41 | €4,170 | €6,360 | +€2,190 | +52.5% |
| Trade receivables | 40 | €4,170 | €5,643 | +€1,473 | +35.3% |
| Other amounts receivable | 41 | - | €717 | +€717 | |
| Cash at bank and in hand | 54/58 | - | €10,254 | +€10,254 | |
| Total equity and liabilities | 10/49 | €345,230 | €721,216 | +€375,986 | +108.9% |
| Equity | 10/15 | €22,552 | -€24,441 | -€46,993 | |
| Contributions | 10/11 | €56,000 | €56,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,448 | -€80,441 | -€46,993 | -140.5% |
| Amounts payable | 17/49 | €322,677 | €745,657 | +€422,979 | +131.1% |
| Amounts payable after more than one year | 17 | €259,438 | €600,545 | +€341,108 | +131.5% |
| Financial debts | 170/4 | €259,438 | €598,765 | +€339,328 | +130.8% |
| Other amounts payable | 178/9 | - | €1,780 | +€1,780 | |
| Amounts payable within one year | 42/48 | €63,240 | €145,111 | +€81,872 | +129.5% |
| Current portion of amounts payable after more than one year | 42 | €8,661 | €32,870 | +€24,209 | +279.5% |
| Financial debts | 43 | €46,776 | €0 | -€46,776 | -100.0% |
| Credit institutions | 430/8 | €46,776 | €0 | -€46,776 | -100.0% |
| Trade debts | 44 | €5,485 | €9,703 | +€4,219 | +76.9% |
| Suppliers | 440/4 | €5,485 | €9,703 | +€4,219 | +76.9% |
| Other amounts payable | 47/48 | €2,318 | €102,538 | +€100,220 | +4322.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,071 | €12,138 | -€10,933 | -47.4% |
| Other operating charges | 640/8 | €3,099 | €45,777 | +€42,679 | +1377.3% |
| Gross operating margin | 9900 | €8,257 | €37,111 | +€28,855 | +349.5% |
| Operating profit (loss) | 9901 | -€17,913 | -€20,804 | -€2,892 | -16.1% |
| Financial income | 75/76B | €112 | €0 | -€112 | -100.0% |
| Recurring financial income | 75 | €112 | €0 | -€112 | -100.0% |
| Financial charges | 65/66B | €15,647 | €26,189 | +€10,542 | +67.4% |
| Recurring financial charges | 65 | €15,647 | €26,189 | +€10,542 | +67.4% |
| Profit (loss) for the period before taxes | 9903 | -€33,448 | -€46,993 | -€13,545 | -40.5% |
| Profit (loss) for the period | 9904 | -€33,448 | -€46,993 | -€13,545 | -40.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,448 | -€46,993 | -€13,545 | -40.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.