Gallant Gyn: 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.
Gallant Gyn
Largest movements
- Tangible fixed assets +€180,926
up €180,926 (+452%), from €39,984 to €220,909
of which Other tangible fixed assets: +€186,761
- Cash -€37,551
down €37,551 (-86.4%), from €43,465 to €5,914
mainly Investment in fixed assets (net) (-€188,499) and Net result for the year (-€22,187)
- Deferred charges and accrued income -€4,823
down €4,823 (-77.4%), from €6,228 to €1,406
- Debts after one year +€106,190
new in 2025: €106,190
- Trade debts +€50,790
up €50,790 (+3,453%), from €1,471 to €52,261
- Profit (loss) carried forward -€22,187
new in 2025: -€22,187
- Current portion of long-term debt +€10,984
new in 2025: €10,984
- Tax, wage and social debts -€6,700
down €6,700 (-95.7%), from €7,000 to €300
- Gross operating margin -€54,517
down €54,517, from €48,888 to -€5,630
- Taxes -€10,216
down €10,216 (-99.5%), from €10,268 to €53
- Financial charges +€3,952
up €3,952 (+9,086%), from €44 to €3,996
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 | €89,676 | €228,228 | +€138,552 | +155% |
| Fixed assets | 21/28 | €39,984 | €220,909 | +€180,926 | +452% |
| Tangible fixed assets | 22/27 | €39,984 | €220,909 | +€180,926 | +452% |
| Plant, machinery and equipment | 23 | - | €1,545 | +€1,545 | |
| Furniture and vehicles | 24 | €20,064 | €12,684 | -€7,380 | -36.8% |
| Other tangible fixed assets | 26 | €19,919 | €206,680 | +€186,761 | +938% |
| Current assets | 29/58 | €49,693 | €7,319 | -€42,374 | -85.3% |
| Cash at bank and in hand | 54/58 | €43,465 | €5,914 | -€37,551 | -86.4% |
| Deferred charges and accrued income | 490/1 | €6,228 | €1,406 | -€4,823 | -77.4% |
| Total equity and liabilities | 10/49 | €89,676 | €228,228 | +€138,552 | +155% |
| Equity | 10/15 | €59,128 | €36,941 | -€22,187 | -37.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €54,128 | €54,128 | = | 0.0% |
| Distributable reserves | 133 | €54,128 | €54,128 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€22,187 | -€22,187 | |
| Amounts payable | 17/49 | €30,548 | €191,287 | +€160,739 | +526% |
| Amounts payable after more than one year | 17 | - | €106,190 | +€106,190 | |
| Financial debts | 170/4 | - | €106,190 | +€106,190 | |
| Amounts payable within one year | 42/48 | €30,548 | €85,097 | +€54,548 | +179% |
| Current portion of amounts payable after more than one year | 42 | - | €10,984 | +€10,984 | |
| Trade debts | 44 | €1,471 | €52,261 | +€50,790 | +3,453% |
| Suppliers | 440/4 | €1,471 | €52,261 | +€50,790 | +3,453% |
| Taxes, remuneration and social security | 45 | €7,000 | €300 | -€6,700 | -95.7% |
| Taxes | 450/3 | €7,000 | €300 | -€6,700 | -95.7% |
| Other amounts payable | 47/48 | €22,077 | €21,552 | -€526 | -2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,563 | €7,574 | +€11 | +0.1% |
| Other operating charges | 640/8 | €1,199 | €877 | -€323 | -26.9% |
| Non-recurring operating charges | 66A | - | €4,062 | +€4,062 | |
| Gross operating margin | 9900 | €48,888 | -€5,630 | -€54,517 | |
| Operating profit (loss) | 9901 | €40,126 | -€18,142 | -€58,268 | |
| Financial income | 75/76B | €3 | €4 | +€1 | +34.3% |
| Recurring financial income | 75 | €3 | €4 | +€1 | +34.3% |
| Financial charges | 65/66B | €44 | €3,996 | +€3,952 | +9,086% |
| Recurring financial charges | 65 | €44 | €3,996 | +€3,952 | +9,086% |
| Profit (loss) for the period before taxes | 9903 | €40,085 | -€22,134 | -€62,219 | |
| Income taxes | 67/77 | €10,268 | €53 | -€10,216 | -99.5% |
| Profit (loss) for the period | 9904 | €29,817 | -€22,187 | -€52,004 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,817 | -€22,187 | -€52,004 |
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 13 October 2026 via checked.be.