Galinka: 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.
Galinka
Largest movements
- Current investments +€594,272
up €594,272 (+4.6%), from €12.9m to €13.5m
- Reserves +€473,048
up €473,048 (+3.3%), from €14.4m to €14.9m
- Financial income +€81,257
up €81,257 (+10.9%), from €748,719 to €829,976
of which Non-recurring financial income: +€412,361
- Taxes +€30,968
up €30,968 (+27.3%), from €113,570 to €144,537
- Financial charges -€19,238
down €19,238 (-10.8%), from €177,626 to €158,388
of which Non-recurring financial charges: -€42,136
- Gross operating margin -€6,836
down €6,836 (-24.3%), from -€28,098 to -€34,934
- Other operating charges -€5,988
down €5,988 (-23.9%), from €25,057 to €19,069
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 | €14,673,636 | €15,219,013 | +€545,377 | +3.7% |
| Current assets | 29/58 | €14,673,636 | €15,219,013 | +€545,377 | +3.7% |
| Amounts receivable after more than one year | 29 | €1,358,731 | €1,372,318 | +€13,587 | +1.0% |
| Other amounts receivable | 291 | €1,358,731 | €1,372,318 | +€13,587 | +1.0% |
| Amounts receivable within one year | 40/41 | €76,869 | €47,546 | -€29,323 | -38.1% |
| Other amounts receivable | 41 | €76,869 | €47,546 | -€29,323 | -38.1% |
| Current investments | 50/53 | €12,896,309 | €13,490,580 | +€594,272 | +4.6% |
| Cash at bank and in hand | 54/58 | €341,728 | €308,569 | -€33,159 | -9.7% |
| Total equity and liabilities | 10/49 | €14,673,636 | €15,219,013 | +€545,377 | +3.7% |
| Equity | 10/15 | €14,517,518 | €14,990,566 | +€473,048 | +3.3% |
| Contributions | 10/11 | €45,378 | €45,378 | = | 0.0% |
| Reserves | 13 | €14,434,125 | €14,907,173 | +€473,048 | +3.3% |
| Distributable reserves | 133 | €14,434,125 | €14,907,173 | +€473,048 | +3.3% |
| Profit (loss) carried forward | 14 | €38,015 | €38,015 | = | 0.0% |
| Amounts payable | 17/49 | €156,119 | €228,447 | +€72,329 | +46.3% |
| Amounts payable after more than one year | 17 | €143,158 | €114,843 | -€28,315 | -19.8% |
| Other amounts payable | 178/9 | €143,158 | €114,843 | -€28,315 | -19.8% |
| Amounts payable within one year | 42/48 | €961 | €101,106 | +€100,145 | +10418.5% |
| Trade debts | 44 | €454 | €39 | -€415 | -91.5% |
| Suppliers | 440/4 | €454 | €39 | -€415 | -91.5% |
| Taxes, remuneration and social security | 45 | - | €99,260 | +€99,260 | |
| Taxes | 450/3 | - | €96,010 | +€96,010 | |
| Remuneration and social security | 454/9 | - | €3,250 | +€3,250 | |
| Other amounts payable | 47/48 | €507 | €1,807 | +€1,300 | +256.2% |
| Accrued charges and deferred income | 492/3 | €12,000 | €12,498 | +€498 | +4.2% |
| Other operating charges | 640/8 | €25,057 | €19,069 | -€5,988 | -23.9% |
| Gross operating margin | 9900 | -€28,098 | -€34,934 | -€6,836 | -24.3% |
| Operating profit (loss) | 9901 | -€53,154 | -€54,003 | -€848 | -1.6% |
| Financial income | 75/76B | €748,719 | €829,976 | +€81,257 | +10.9% |
| Recurring financial income | 75 | €624,644 | €293,539 | -€331,104 | -53.0% |
| Non-recurring financial income | 76B | €124,075 | €536,437 | +€412,361 | +332.3% |
| Financial charges | 65/66B | €177,626 | €158,388 | -€19,238 | -10.8% |
| Recurring financial charges | 65 | €103,954 | €126,852 | +€22,898 | +22.0% |
| Non-recurring financial charges | 66B | €73,672 | €31,536 | -€42,136 | -57.2% |
| Profit (loss) for the period before taxes | 9903 | €517,938 | €617,586 | +€99,647 | +19.2% |
| Income taxes | 67/77 | €113,570 | €144,537 | +€30,968 | +27.3% |
| Profit (loss) for the period | 9904 | €404,369 | €473,048 | +€68,680 | +17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €404,369 | €473,048 | +€68,680 | +17.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.