Galia: 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.
Galia
Largest movements
- Receivables within one year -€73,220
down €73,220 (-54.7%), from €133,953 to €60,732
of which Other amounts receivable: -€88,646
- Tangible fixed assets +€25,348
up €25,348 (+2.6%), from €993,896 to €1.0m
of which Plant, machinery and equipment: +€18,166
- Cash +€14,312
up €14,312 (+134%), from €10,646 to €24,958
mainly Receivables within one year (+€73,220) and Depreciation (+€40,431)
- Trade debts -€27,471
down €27,471 (-85.5%), from €32,134 to €4,662
- Debts after one year -€23,158
down €23,158 (-2.8%), from €829,303 to €806,145
- Reserves +€16,815
up €16,815 (+7.8%), from €216,071 to €232,886
of which Distributable reserves: +€16,815
- Gross operating margin +€82,999
up €82,999 (+381%), from €21,774 to €104,773
- Depreciation +€28,384
up €28,384 (+236%), from €12,047 to €40,431
- Financial charges +€11,499
up €11,499 (+73.9%), from €15,570 to €27,069
- Taxes +€8,534
new in 2024: €8,534
- Other operating charges +€3,049
up €3,049 (+260%), from €1,175 to €4,224
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,139,920 | €1,104,935 | -€34,985 | -3.1% |
| Fixed assets | 21/28 | €993,896 | €1,019,244 | +€25,348 | +2.6% |
| Tangible fixed assets | 22/27 | €993,896 | €1,019,244 | +€25,348 | +2.6% |
| Land and buildings | 22 | €971,622 | €962,640 | -€8,982 | -0.9% |
| Plant, machinery and equipment | 23 | €19,506 | €37,671 | +€18,166 | +93.1% |
| Furniture and vehicles | 24 | €2,769 | €18,933 | +€16,164 | +584% |
| Current assets | 29/58 | €146,024 | €85,690 | -€60,333 | -41.3% |
| Amounts receivable within one year | 40/41 | €133,953 | €60,732 | -€73,220 | -54.7% |
| Trade receivables | 40 | €40,090 | €55,516 | +€15,426 | +38.5% |
| Other amounts receivable | 41 | €93,862 | €5,216 | -€88,646 | -94.4% |
| Cash at bank and in hand | 54/58 | €10,646 | €24,958 | +€14,312 | +134% |
| Deferred charges and accrued income | 490/1 | €1,425 | - | -€1,425 | |
| Total equity and liabilities | 10/49 | €1,139,920 | €1,104,935 | -€34,985 | -3.1% |
| Equity | 10/15 | €226,391 | €251,446 | +€25,055 | +11.1% |
| Contributions | 10/11 | €18,560 | €18,560 | = | 0.0% |
| Reserves | 13 | €216,071 | €232,886 | +€16,815 | +7.8% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €214,216 | €231,031 | +€16,815 | +7.8% |
| Profit (loss) carried forward | 14 | -€8,240 | - | +€8,240 | |
| Amounts payable | 17/49 | €913,529 | €853,489 | -€60,040 | -6.6% |
| Amounts payable after more than one year | 17 | €829,303 | €806,145 | -€23,158 | -2.8% |
| Financial debts | 170/4 | €829,303 | €806,145 | -€23,158 | -2.8% |
| Amounts payable within one year | 42/48 | €81,636 | €47,344 | -€34,292 | -42.0% |
| Current portion of amounts payable after more than one year | 42 | €22,266 | €23,158 | +€892 | +4.0% |
| Trade debts | 44 | €32,134 | €4,662 | -€27,471 | -85.5% |
| Suppliers | 440/4 | €32,134 | €4,662 | -€27,471 | -85.5% |
| Taxes, remuneration and social security | 45 | €27,236 | €15,930 | -€11,307 | -41.5% |
| Taxes | 450/3 | €27,236 | €15,930 | -€11,307 | -41.5% |
| Other amounts payable | 47/48 | - | €3,594 | +€3,594 | |
| Accrued charges and deferred income | 492/3 | €2,590 | - | -€2,590 | |
| Non-recurring operating income | 76A | €64,943 | - | -€64,943 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,047 | €40,431 | +€28,384 | +236% |
| Other operating charges | 640/8 | €1,175 | €4,224 | +€3,049 | +260% |
| Non-recurring operating charges | 66A | €5,224 | - | -€5,224 | |
| Gross operating margin | 9900 | €21,774 | €104,773 | +€82,999 | +381% |
| Operating profit (loss) | 9901 | €3,328 | €60,118 | +€56,790 | +1,706% |
| Financial income | 75/76B | €3,308 | €540 | -€2,768 | -83.7% |
| Recurring financial income | 75 | €3,308 | €540 | -€2,768 | -83.7% |
| Financial charges | 65/66B | €15,570 | €27,069 | +€11,499 | +73.9% |
| Recurring financial charges | 65 | €15,570 | €27,069 | +€11,499 | +73.9% |
| Profit (loss) for the period before taxes | 9903 | -€8,934 | €33,589 | +€42,523 | |
| Income taxes | 67/77 | - | €8,534 | +€8,534 | |
| Profit (loss) for the period | 9904 | -€8,934 | €25,055 | +€33,989 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,934 | €25,055 | +€33,989 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.