GALIUS: 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.
GALIUS
Largest movements
- Cash +€77,007
up €77,007 (+302.9%), from €25,423 to €102,430
mainly Current investments (+€55,070) and Net result for the year (+€37,433)
- Current investments -€55,070
no longer reported in 2025 (was €55,070)
- Receivables within one year -€3,443
down €3,443 (-29.2%), from €11,791 to €8,347
of which Trade receivables: -€8,474
- Tangible fixed assets -€1,245
down €1,245 (-15.8%), from €7,858 to €6,613
- Profit (loss) carried forward +€70,433
up €70,433 (+170.9%), from €41,202 to €111,635
- Reserves -€33,000
down €33,000 (-100.0%), from €33,000 to €0
- Tax, wage and social debts -€13,222
down €13,222 (-83.2%), from €15,884 to €2,661
- Trade debts -€5,830
down €5,830 (-60.4%), from €9,654 to €3,824
- Gross operating margin -€4,270
down €4,270 (-7.5%), from €56,835 to €52,565
- Other operating charges +€1,374
up €1,374 (+179.8%), from €764 to €2,138
- Taxes -€1,039
down €1,039 (-9.1%), from €11,448 to €10,409
- Depreciation +€584
up €584 (+88.4%), from €661 to €1,245
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 | €101,404 | €119,316 | +€17,913 | +17.7% |
| Fixed assets | 21/28 | €7,858 | €6,613 | -€1,245 | -15.8% |
| Tangible fixed assets | 22/27 | €7,858 | €6,613 | -€1,245 | -15.8% |
| Plant, machinery and equipment | 23 | €1,371 | €977 | -€394 | -28.7% |
| Furniture and vehicles | 24 | €637 | €385 | -€252 | -39.5% |
| Other tangible fixed assets | 26 | €5,851 | €5,251 | -€600 | -10.3% |
| Current assets | 29/58 | €93,545 | €112,703 | +€19,158 | +20.5% |
| Amounts receivable within one year | 40/41 | €11,791 | €8,347 | -€3,443 | -29.2% |
| Trade receivables | 40 | €11,791 | €3,317 | -€8,474 | -71.9% |
| Other amounts receivable | 41 | - | €5,031 | +€5,031 | |
| Current investments | 50/53 | €55,070 | - | -€55,070 | |
| Cash at bank and in hand | 54/58 | €25,423 | €102,430 | +€77,007 | +302.9% |
| Deferred charges and accrued income | 490/1 | €1,262 | €1,926 | +€664 | +52.6% |
| Total equity and liabilities | 10/49 | €101,404 | €119,316 | +€17,913 | +17.7% |
| Equity | 10/15 | €75,202 | €112,635 | +€37,433 | +49.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €33,000 | €0 | -€33,000 | -100.0% |
| Distributable reserves | 133 | €33,000 | €0 | -€33,000 | -100.0% |
| Profit (loss) carried forward | 14 | €41,202 | €111,635 | +€70,433 | +170.9% |
| Amounts payable | 17/49 | €26,202 | €6,682 | -€19,520 | -74.5% |
| Amounts payable within one year | 42/48 | €26,202 | €6,682 | -€19,520 | -74.5% |
| Financial debts | 43 | - | €196 | +€196 | |
| Other loans | 439 | - | €196 | +€196 | |
| Trade debts | 44 | €9,654 | €3,824 | -€5,830 | -60.4% |
| Suppliers | 440/4 | €9,654 | €3,824 | -€5,830 | -60.4% |
| Taxes, remuneration and social security | 45 | €15,884 | €2,661 | -€13,222 | -83.2% |
| Taxes | 450/3 | €15,884 | €2,661 | -€13,222 | -83.2% |
| Other amounts payable | 47/48 | €664 | €0 | -€664 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €661 | €1,245 | +€584 | +88.4% |
| Other operating charges | 640/8 | €764 | €2,138 | +€1,374 | +179.8% |
| Gross operating margin | 9900 | €56,835 | €52,565 | -€4,270 | -7.5% |
| Operating profit (loss) | 9901 | €55,410 | €49,182 | -€6,228 | -11.2% |
| Financial income | 75/76B | €100 | €548 | +€448 | +449.7% |
| Recurring financial income | 75 | €100 | €548 | +€448 | +449.7% |
| Financial charges | 65/66B | €2,379 | €1,889 | -€491 | -20.6% |
| Recurring financial charges | 65 | €2,379 | €1,889 | -€491 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €53,130 | €47,841 | -€5,289 | -10.0% |
| Income taxes | 67/77 | €11,448 | €10,409 | -€1,039 | -9.1% |
| Profit (loss) for the period | 9904 | €41,683 | €37,433 | -€4,250 | -10.2% |
| Profit (loss) for the period to be appropriated | 9905 | €41,683 | €37,433 | -€4,250 | -10.2% |
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.