GALLBY: 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.
GALLBY
Largest movements
- Cash +€133,477
up €133,477 (+163%), from €82,083 to €215,560
mainly Depreciation (+€143,628) and Net result for the year (+€123,123)
- Tangible fixed assets -€32,377
down €32,377 (-3.5%), from €916,093 to €883,715
of which Land and buildings: -€44,195
- Stocks and contracts +€17,400
up €17,400 (+40.8%), from €42,600 to €60,000
- Reserves +€123,123
up €123,123 (+35.1%), from €350,307 to €473,429
of which Distributable reserves: +€123,123
- Tax, wage and social debts +€24,105
up €24,105 (+151%), from €15,991 to €40,096
of which Taxes: +€25,491
- Trade debts -€19,075
down €19,075 (-43.0%), from €44,351 to €25,276
- Gross operating margin +€138,551
up €138,551 (+44.6%), from €310,562 to €449,113
- Taxes +€38,873
up €38,873 (+189%), from €20,558 to €59,431
- Depreciation +€19,836
up €19,836 (+16.0%), from €123,792 to €143,628
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 | €1,101,091 | €1,222,302 | +€121,210 | +11.0% |
| Fixed assets | 21/28 | €918,593 | €886,215 | -€32,377 | -3.5% |
| Tangible fixed assets | 22/27 | €916,093 | €883,715 | -€32,377 | -3.5% |
| Land and buildings | 22 | €702,974 | €658,778 | -€44,195 | -6.3% |
| Plant, machinery and equipment | 23 | €199,999 | €215,213 | +€15,214 | +7.6% |
| Furniture and vehicles | 24 | €13,120 | €9,724 | -€3,396 | -25.9% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €182,499 | €336,087 | +€153,588 | +84.2% |
| Stocks and contracts in progress | 3 | €42,600 | €60,000 | +€17,400 | +40.8% |
| Stocks | 30/36 | €42,600 | €60,000 | +€17,400 | +40.8% |
| Amounts receivable within one year | 40/41 | €56,659 | €58,993 | +€2,334 | +4.1% |
| Trade receivables | 40 | €49,197 | €56,804 | +€7,607 | +15.5% |
| Other amounts receivable | 41 | €7,462 | €2,189 | -€5,273 | -70.7% |
| Cash at bank and in hand | 54/58 | €82,083 | €215,560 | +€133,477 | +163% |
| Deferred charges and accrued income | 490/1 | €1,157 | €1,534 | +€377 | +32.6% |
| Total equity and liabilities | 10/49 | €1,101,091 | €1,222,302 | +€121,210 | +11.0% |
| Equity | 10/15 | €368,907 | €492,029 | +€123,123 | +33.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €350,307 | €473,429 | +€123,123 | +35.1% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €331,557 | €454,679 | +€123,123 | +37.1% |
| Amounts payable | 17/49 | €732,185 | €730,272 | -€1,912 | -0.3% |
| Amounts payable after more than one year | 17 | €616,577 | €612,086 | -€4,491 | -0.7% |
| Financial debts | 170/4 | €616,577 | €612,086 | -€4,491 | -0.7% |
| Amounts payable within one year | 42/48 | €115,608 | €118,186 | +€2,579 | +2.2% |
| Current portion of amounts payable after more than one year | 42 | €51,076 | €50,941 | -€134 | -0.3% |
| Trade debts | 44 | €44,351 | €25,276 | -€19,075 | -43.0% |
| Suppliers | 440/4 | €44,351 | €25,276 | -€19,075 | -43.0% |
| Taxes, remuneration and social security | 45 | €15,991 | €40,096 | +€24,105 | +151% |
| Taxes | 450/3 | €5,046 | €30,537 | +€25,491 | +505% |
| Remuneration and social security | 454/9 | €10,945 | €9,559 | -€1,386 | -12.7% |
| Other amounts payable | 47/48 | €4,189 | €1,873 | -€2,316 | -55.3% |
| Non-recurring operating income | 76A | - | €800 | +€800 | |
| Remuneration, social security and pensions | 62 | €100,909 | €100,870 | -€39 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €123,792 | €143,628 | +€19,836 | +16.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €925 | - | -€925 | |
| Other operating charges | 640/8 | €9,664 | €9,947 | +€283 | +2.9% |
| Gross operating margin | 9900 | €310,562 | €449,113 | +€138,551 | +44.6% |
| Operating profit (loss) | 9901 | €75,272 | €194,669 | +€119,397 | +159% |
| Financial income | 75/76B | €286 | €100 | -€187 | -65.1% |
| Recurring financial income | 75 | €286 | €100 | -€187 | -65.1% |
| Financial charges | 65/66B | €14,310 | €12,215 | -€2,095 | -14.6% |
| Recurring financial charges | 65 | €14,310 | €12,215 | -€2,095 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €61,249 | €182,554 | +€121,305 | +198% |
| Income taxes | 67/77 | €20,558 | €59,431 | +€38,873 | +189% |
| Profit (loss) for the period | 9904 | €40,690 | €123,123 | +€82,432 | +203% |
| Profit (loss) for the period to be appropriated | 9905 | €40,690 | €123,123 | +€82,432 | +203% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.