GALL & #201;: 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.
GALL & #201;
Largest movements
- Stocks and contracts -€61,705
down €61,705 (-28.8%), from €214,068 to €152,363
- Current investments +€49,999
up €49,999 (+26.2%), from €190,801 to €240,800
- Cash -€6,482
down €6,482 (-20.1%), from €32,230 to €25,748
mainly Current investments (-€49,999) and Trade debts (-€11,112)
- Trade debts -€11,112
no longer reported in 2025 (was €11,112)
- Profit (loss) carried forward -€7,076
down €7,076 (-6.5%), from -€109,006 to -€116,082
- Purchases and services -€356,652
no longer reported in 2025 (was €356,652)
- Turnover -€294,081
no longer reported in 2025 (was €294,081)
- Gross operating margin +€52,429
up €52,429 (+90.0%), from -€58,265 to -€5,836
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 | €437,099 | €418,911 | -€18,188 | -4.2% |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €437,099 | €418,911 | -€18,188 | -4.2% |
| Stocks and contracts in progress | 3 | €214,068 | €152,363 | -€61,705 | -28.8% |
| Stocks | 30/36 | €214,068 | €152,363 | -€61,705 | -28.8% |
| Current investments | 50/53 | €190,801 | €240,800 | +€49,999 | +26.2% |
| Cash at bank and in hand | 54/58 | €32,230 | €25,748 | -€6,482 | -20.1% |
| Total equity and liabilities | 10/49 | €437,099 | €418,911 | -€18,188 | -4.2% |
| Equity | 10/15 | €425,377 | €418,301 | -€7,076 | -1.7% |
| Contributions | 10/11 | €127,000 | €127,000 | = | 0.0% |
| Capital | 10 | €127,000 | €127,000 | = | 0.0% |
| Issued capital | 100 | €127,000 | €127,000 | = | 0.0% |
| Reserves | 13 | €407,382 | €407,382 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,700 | €12,700 | = | 0.0% |
| Legal reserve | 130 | €12,700 | €12,700 | = | 0.0% |
| Distributable reserves | 133 | €394,682 | €394,682 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€109,006 | -€116,082 | -€7,076 | -6.5% |
| Amounts payable | 17/49 | €11,722 | €610 | -€11,112 | -94.8% |
| Amounts payable within one year | 42/48 | €11,722 | €610 | -€11,112 | -94.8% |
| Trade debts | 44 | €11,112 | - | -€11,112 | |
| Suppliers | 440/4 | €11,112 | - | -€11,112 | |
| Taxes, remuneration and social security | 45 | €610 | €610 | = | 0.0% |
| Taxes | 450/3 | €610 | €610 | = | 0.0% |
| Turnover | 70 | €294,081 | - | -€294,081 | |
| Non-recurring operating income | 76A | €3,305 | - | -€3,305 | |
| Goods, raw materials, services and sundry goods | 60/61 | €356,652 | - | -€356,652 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €379 | - | -€379 | |
| Other operating charges | 640/8 | €3,734 | €1,114 | -€2,620 | -70.2% |
| Non-recurring operating charges | 66A | €11,269 | - | -€11,269 | |
| Gross operating margin | 9900 | -€58,265 | -€5,836 | +€52,429 | +90.0% |
| Operating profit (loss) | 9901 | -€73,647 | -€6,951 | +€66,697 | +90.6% |
| Financial income | 75/76B | €1,799 | - | -€1,799 | |
| Recurring financial income | 75 | €1,799 | - | -€1,799 | |
| Financial charges | 65/66B | €448 | €67 | -€381 | -85.0% |
| Recurring financial charges | 65 | €448 | €67 | -€381 | -85.0% |
| Profit (loss) for the period before taxes | 9903 | -€72,297 | -€7,018 | +€65,279 | +90.3% |
| Income taxes | 67/77 | €52 | €58 | +€6 | +10.9% |
| Profit (loss) for the period | 9904 | -€72,349 | -€7,076 | +€65,273 | +90.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€72,349 | -€7,076 | +€65,273 | +90.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.