GALIKA DEVELOPMENT: 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.
GALIKA DEVELOPMENT
Largest movements
- Receivables within one year +€60,917
up €60,917 (+68.5%), from €88,929 to €149,846
of which Other amounts receivable: +€98,654
- Cash +€12,037
up €12,037 (+1,124%), from €1,071 to €13,108
mainly Trade debts (+€44,856) and Other debts (+€30,500)
- Tangible fixed assets -€9,102
down €9,102 (-8.0%), from €113,283 to €104,181
of which Furniture and vehicles: -€7,439
- Trade debts +€44,856
up €44,856 (+28.1%), from €159,720 to €204,576
- Other debts +€30,500
new in 2025: €30,500
- Tax, wage and social debts -€8,927
down €8,927 (-70.1%), from €12,726 to €3,799
- Gross operating margin -€45,262
down €45,262 (-72.9%), from €62,106 to €16,844
- Taxes -€8,927
down €8,927 (-70.1%), from €12,726 to €3,799
- Financial income +€2,729
up €2,729 (+1,496%), from €182 to €2,912
- Other operating charges +€959
up €959 (+30.4%), from €3,157 to €4,116
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 | €204,364 | €268,244 | +€63,880 | +31.3% |
| Fixed assets | 21/28 | €113,833 | €104,731 | -€9,102 | -8.0% |
| Tangible fixed assets | 22/27 | €113,283 | €104,181 | -€9,102 | -8.0% |
| Furniture and vehicles | 24 | €32,895 | €25,456 | -€7,439 | -22.6% |
| Other tangible fixed assets | 26 | €8,288 | €6,624 | -€1,663 | -20.1% |
| Assets under construction and advance payments | 27 | €72,100 | €72,100 | = | 0.0% |
| Financial fixed assets | 28 | €550 | €550 | = | 0.0% |
| Current assets | 29/58 | €90,531 | €163,514 | +€72,983 | +80.6% |
| Amounts receivable within one year | 40/41 | €88,929 | €149,846 | +€60,917 | +68.5% |
| Trade receivables | 40 | €42,350 | €4,614 | -€37,736 | -89.1% |
| Other amounts receivable | 41 | €46,579 | €145,233 | +€98,654 | +212% |
| Cash at bank and in hand | 54/58 | €1,071 | €13,108 | +€12,037 | +1,124% |
| Deferred charges and accrued income | 490/1 | €531 | €559 | +€28 | +5.3% |
| Total equity and liabilities | 10/49 | €204,364 | €268,244 | +€63,880 | +31.3% |
| Equity | 10/15 | €31,918 | €29,369 | -€2,549 | -8.0% |
| Contributions | 10/11 | €31,280 | €31,280 | = | 0.0% |
| Reserves | 13 | €266 | €266 | = | 0.0% |
| Non-distributable reserves | 130/1 | €266 | €266 | = | 0.0% |
| Reserves not available under the articles | 1311 | €266 | €266 | = | 0.0% |
| Profit (loss) carried forward | 14 | €372 | -€2,177 | -€2,549 | |
| Amounts payable | 17/49 | €172,446 | €238,875 | +€66,429 | +38.5% |
| Amounts payable within one year | 42/48 | €172,446 | €238,875 | +€66,429 | +38.5% |
| Trade debts | 44 | €159,720 | €204,576 | +€44,856 | +28.1% |
| Suppliers | 440/4 | €159,720 | €204,576 | +€44,856 | +28.1% |
| Taxes, remuneration and social security | 45 | €12,726 | €3,799 | -€8,927 | -70.1% |
| Taxes | 450/3 | €12,726 | €3,799 | -€8,927 | -70.1% |
| Other amounts payable | 47/48 | - | €30,500 | +€30,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,587 | €14,134 | +€547 | +4.0% |
| Other operating charges | 640/8 | €3,157 | €4,116 | +€959 | +30.4% |
| Gross operating margin | 9900 | €62,106 | €16,844 | -€45,262 | -72.9% |
| Operating profit (loss) | 9901 | €45,362 | -€1,406 | -€46,768 | |
| Financial income | 75/76B | €182 | €2,912 | +€2,729 | +1,496% |
| Recurring financial income | 75 | €182 | €2,912 | +€2,729 | +1,496% |
| Financial charges | 65/66B | €171 | €256 | +€85 | +49.5% |
| Recurring financial charges | 65 | €171 | €256 | +€85 | +49.5% |
| Profit (loss) for the period before taxes | 9903 | €45,373 | €1,250 | -€44,123 | -97.2% |
| Income taxes | 67/77 | €12,726 | €3,799 | -€8,927 | -70.1% |
| Profit (loss) for the period | 9904 | €32,647 | -€2,549 | -€35,196 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,647 | -€2,549 | -€35,196 |
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 16 October 2026 via checked.be.