Galle: 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.
Galle
Largest movements
- Receivables within one year +€24,438
up €24,438 (+210%), from €11,628 to €36,066
of which Other amounts receivable: +€30,559
- Cash -€24,003
down €24,003 (-73.7%), from €32,576 to €8,573
mainly Receivables within one year (-€24,438) and Net result for the year (-€5,775)
- Profit (loss) carried forward -€5,775
down €5,775 (-6.7%), from -€85,644 to -€91,420
- Other debts +€2,729
up €2,729 (+4.6%), from €59,691 to €62,420
- Trade debts +€2,514
up €2,514 (+942%), from €267 to €2,781
- Gross operating margin -€27,671
down €27,671, from €25,615 to -€2,056
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 | €88,840 | €88,904 | +€64 | +0.1% |
| Fixed assets | 21/28 | €43,800 | €43,393 | -€407 | -0.9% |
| Tangible fixed assets | 22/27 | €43,800 | €43,393 | -€407 | -0.9% |
| Land and buildings | 22 | €43,381 | €43,381 | = | 0.0% |
| Plant, machinery and equipment | 23 | €418 | €11 | -€407 | -97.3% |
| Current assets | 29/58 | €45,041 | €45,512 | +€471 | +1.0% |
| Amounts receivable within one year | 40/41 | €11,628 | €36,066 | +€24,438 | +210% |
| Trade receivables | 40 | €9,752 | €3,630 | -€6,122 | -62.8% |
| Other amounts receivable | 41 | €1,877 | €32,436 | +€30,559 | +1,628% |
| Cash at bank and in hand | 54/58 | €32,576 | €8,573 | -€24,003 | -73.7% |
| Deferred charges and accrued income | 490/1 | €837 | €873 | +€36 | +4.3% |
| Total equity and liabilities | 10/49 | €88,840 | €88,904 | +€64 | +0.1% |
| Equity | 10/15 | €28,883 | €23,107 | -€5,775 | -20.0% |
| Contributions | 10/11 | €104,115 | €104,115 | = | 0.0% |
| Capital | 10 | €104,115 | €104,115 | = | 0.0% |
| Issued capital | 100 | €104,115 | €104,115 | = | 0.0% |
| Reserves | 13 | €10,412 | €10,412 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,412 | €10,412 | = | 0.0% |
| Legal reserve | 130 | €10,412 | €10,412 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,644 | -€91,420 | -€5,775 | -6.7% |
| Amounts payable | 17/49 | €59,958 | €65,797 | +€5,839 | +9.7% |
| Amounts payable within one year | 42/48 | €59,958 | €65,797 | +€5,839 | +9.7% |
| Trade debts | 44 | €267 | €2,781 | +€2,514 | +942% |
| Suppliers | 440/4 | €267 | €2,781 | +€2,514 | +942% |
| Taxes, remuneration and social security | 45 | - | €596 | +€596 | |
| Taxes | 450/3 | - | €596 | +€596 | |
| Other amounts payable | 47/48 | €59,691 | €62,420 | +€2,729 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €407 | €407 | = | 0.0% |
| Other operating charges | 640/8 | €3,429 | €3,282 | -€147 | -4.3% |
| Gross operating margin | 9900 | €25,615 | -€2,056 | -€27,671 | |
| Operating profit (loss) | 9901 | €21,779 | -€5,745 | -€27,524 | |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €68 | €40 | -€28 | -40.6% |
| Recurring financial charges | 65 | €68 | €40 | -€28 | -40.6% |
| Profit (loss) for the period before taxes | 9903 | €21,711 | -€5,775 | -€27,486 | |
| Profit (loss) for the period | 9904 | €21,711 | -€5,775 | -€27,486 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,711 | -€5,775 | -€27,486 |
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 18 October 2026 via checked.be.