GALICHON: 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.
GALICHON
Largest movements
- Deferred charges and accrued income +€5,664
up €5,664 (+50.0%), from €11,328 to €16,992
- Receivables within one year +€2,572
up €2,572 (+28.1%), from €9,137 to €11,709
of which Trade receivables: +€2,400
- Other debts +€20,704
up €20,704 (+3.9%), from €531,990 to €552,694
- Tax, wage and social debts -€11,247
down €11,247 (-98.1%), from €11,467 to €220
- Trade debts -€3,068
down €3,068 (-88.5%), from €3,468 to €400
- Financial charges +€5,363
up €5,363 (+2,627%), from €204 to €5,567
- Gross operating margin +€4,783
up €4,783, from -€3,821 to €962
- Other operating charges -€689
down €689 (-63.3%), from €1,089 to €400
- Taxes -€298
down €298 (-57.5%), from €518 to €220
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 | €222,682 | €229,510 | +€6,828 | +3.1% |
| Current assets | 29/58 | €222,682 | €229,510 | +€6,828 | +3.1% |
| Amounts receivable after more than one year | 29 | €200,000 | €200,000 | = | 0.0% |
| Other amounts receivable | 291 | €200,000 | €200,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €9,137 | €11,709 | +€2,572 | +28.1% |
| Trade receivables | 40 | €8,556 | €10,956 | +€2,400 | +28.0% |
| Other amounts receivable | 41 | €581 | €753 | +€172 | +29.6% |
| Cash at bank and in hand | 54/58 | €2,217 | €809 | -€1,408 | -63.5% |
| Deferred charges and accrued income | 490/1 | €11,328 | €16,992 | +€5,664 | +50.0% |
| Total equity and liabilities | 10/49 | €222,682 | €229,510 | +€6,828 | +3.1% |
| Equity | 10/15 | -€324,242 | -€323,804 | +€439 | +0.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€332,302 | -€331,864 | +€439 | +0.1% |
| Amounts payable | 17/49 | €546,925 | €553,314 | +€6,389 | +1.2% |
| Amounts payable within one year | 42/48 | €546,925 | €553,314 | +€6,389 | +1.2% |
| Trade debts | 44 | €3,468 | €400 | -€3,068 | -88.5% |
| Suppliers | 440/4 | €3,468 | €400 | -€3,068 | -88.5% |
| Taxes, remuneration and social security | 45 | €11,467 | €220 | -€11,247 | -98.1% |
| Taxes | 450/3 | €11,467 | €220 | -€11,247 | -98.1% |
| Other amounts payable | 47/48 | €531,990 | €552,694 | +€20,704 | +3.9% |
| Other operating charges | 640/8 | €1,089 | €400 | -€689 | -63.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€3,821 | €962 | +€4,783 | |
| Operating profit (loss) | 9901 | -€4,910 | €562 | +€5,472 | |
| Financial income | 75/76B | €5,664 | €5,664 | = | 0.0% |
| Recurring financial income | 75 | €5,664 | €5,664 | = | 0.0% |
| Financial charges | 65/66B | €204 | €5,567 | +€5,363 | +2,627% |
| Recurring financial charges | 65 | €204 | €5,567 | +€5,363 | +2,627% |
| Profit (loss) for the period before taxes | 9903 | €550 | €659 | +€109 | +19.7% |
| Income taxes | 67/77 | €518 | €220 | -€298 | -57.5% |
| Profit (loss) for the period | 9904 | €33 | €439 | +€406 | +1,249% |
| Profit (loss) for the period to be appropriated | 9905 | €33 | €439 | +€406 | +1,249% |
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 14 October 2026 via checked.be.