GALIKA MANAGEMENT: 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.
What changed
GALIKA MANAGEMENT
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€54,791
2024 · -€7,437-€47,354
Equity
€1.9m
2024 · €1.9m-€54,791
Cash
€13,044
2024 · €5,323+€7,722
Balance sheet total
€5.5m
2024 · €3.9m+€1.6m
Largest movements
Assets
- Receivables within one year +€1.8m
up €1.8m (+77.4%), from €2.3m to €4.0m
of which Other amounts receivable: +€1.6m
- Stocks and contracts -€167,700
down €167,700 (-87.0%), from €192,700 to €25,000
Equity and liabilities
- Debts after one year +€1.6m
up €1.6m (+115%), from €1.3m to €2.9m
- Tax, wage and social debts +€69,345
up €69,345 (+148%), from €46,700 to €116,045
of which Taxes: +€69,800
Income statement
- Financial charges +€29,245
up €29,245 (+27.1%), from €108,099 to €137,344
- Depreciation +€18,360
up €18,360 (+54.9%), from €33,428 to €51,788
- Financial income +€14,950
up €14,950 (+12.7%), from €117,848 to €132,798
- Gross operating margin -€14,543
down €14,543 (-74.5%), from €19,526 to €4,983
- Other operating charges +€2,253
up €2,253 (+331%), from €680 to €2,934
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.
Result 2024
-€7,437
Gross operating margin
-€14,543
Staff costs
+€2,091
Depreciation
-€18,360
Other operating charges
-€2,253
Financial income
+€14,950
Financial charges
-€29,245
Taxes
+€7
Result 2025
-€54,791
raises the resultlowers the result
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.
From operations
-€1.5m
Investment
-€26,445
Financing
+€1.6m
Cash 2024
€5,323
From operations (derived)
-€1.5m
Net result for the year
-€54,791
Depreciation
+€51,788
Stocks and contracts
+€167,700
Receivables within one year
-€1.8m
Smaller working-capital items
-€2,303
Trade debts
+€27,336
Tax, wage and social debts
+€69,345
Other debts
-€14,167
Investment (derived)
-€26,445
Investment in fixed assets (net)
-€26,445
Financing
+€1.6m
Debts after one year
+€1.6m
Current portion of long-term debt
+€808
Cash 2025
€13,044
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,913,009 | €5,495,361 | +€1.6m | +40.4% |
| Fixed assets | 21/28 | €1,430,399 | €1,405,056 | -€25,343 | -1.8% |
| Tangible fixed assets | 22/27 | €1,127,013 | €1,101,670 | -€25,343 | -2.2% |
| Land and buildings | 22 | €396,395 | €387,668 | -€8,726 | -2.2% |
| Furniture and vehicles | 24 | €53,678 | €45,658 | -€8,020 | -14.9% |
| Other tangible fixed assets | 26 | €676,940 | €668,343 | -€8,597 | -1.3% |
| Financial fixed assets | 28 | €303,387 | €303,387 | = | 0.0% |
| Current assets | 29/58 | €2,482,610 | €4,090,305 | +€1.6m | +64.8% |
| Stocks and contracts in progress | 3 | €192,700 | €25,000 | -€167,700 | -87.0% |
| Stocks | 30/36 | €192,700 | €25,000 | -€167,700 | -87.0% |
| Amounts receivable within one year | 40/41 | €2,280,060 | €4,045,441 | +€1.8m | +77.4% |
| Trade receivables | 40 | €190,607 | €403,446 | +€212,838 | +112% |
| Other amounts receivable | 41 | €2,089,452 | €3,641,995 | +€1.6m | +74.3% |
| Cash at bank and in hand | 54/58 | €5,323 | €13,044 | +€7,722 | +145% |
| Deferred charges and accrued income | 490/1 | €4,527 | €6,819 | +€2,292 | +50.6% |
| Total equity and liabilities | 10/49 | €3,913,009 | €5,495,361 | +€1.6m | +40.4% |
| Equity | 10/15 | €1,916,803 | €1,862,012 | -€54,791 | -2.9% |
| Contributions | 10/11 | €156,040 | €156,040 | = | 0.0% |
| Reserves | 13 | €3,933 | €3,933 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,933 | €3,933 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,933 | €3,933 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,756,830 | €1,702,039 | -€54,791 | -3.1% |
| Amounts payable | 17/49 | €1,996,206 | €3,633,349 | +€1.6m | +82.0% |
| Amounts payable after more than one year | 17 | €1,348,977 | €2,902,809 | +€1.6m | +115% |
| Financial debts | 170/4 | €1,348,977 | €2,902,809 | +€1.6m | +115% |
| Amounts payable within one year | 42/48 | €647,152 | €730,475 | +€83,323 | +12.9% |
| Current portion of amounts payable after more than one year | 42 | €28,514 | €29,322 | +€808 | +2.8% |
| Trade debts | 44 | €13,959 | €41,296 | +€27,336 | +196% |
| Suppliers | 440/4 | €13,959 | €41,296 | +€27,336 | +196% |
| Taxes, remuneration and social security | 45 | €46,700 | €116,045 | +€69,345 | +148% |
| Taxes | 450/3 | €41,420 | €111,220 | +€69,800 | +169% |
| Remuneration and social security | 454/9 | €5,280 | €4,825 | -€454 | -8.6% |
| Other amounts payable | 47/48 | €557,979 | €543,812 | -€14,167 | -2.5% |
| Accrued charges and deferred income | 492/3 | €77 | €65 | -€11 | -14.6% |
| Remuneration, social security and pensions | 62 | €2,091 | - | -€2,091 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,428 | €51,788 | +€18,360 | +54.9% |
| Other operating charges | 640/8 | €680 | €2,934 | +€2,253 | +331% |
| Gross operating margin | 9900 | €19,526 | €4,983 | -€14,543 | -74.5% |
| Operating profit (loss) | 9901 | -€16,673 | -€49,738 | -€33,066 | -198% |
| Financial income | 75/76B | €117,848 | €132,798 | +€14,950 | +12.7% |
| Recurring financial income | 75 | €117,848 | €132,798 | +€14,950 | +12.7% |
| Financial charges | 65/66B | €108,099 | €137,344 | +€29,245 | +27.1% |
| Recurring financial charges | 65 | €108,099 | €137,344 | +€29,245 | +27.1% |
| Profit (loss) for the period before taxes | 9903 | -€6,924 | -€54,285 | -€47,361 | -684% |
| Income taxes | 67/77 | €513 | €506 | -€7 | -1.3% |
| Profit (loss) for the period | 9904 | -€7,437 | -€54,791 | -€47,354 | -637% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,437 | -€54,791 | -€47,354 | -637% |
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 23 October 2026 via checked.be.