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 -€4,788
down €4,788 (-47.6%), from €10,054 to €5,266
of which Trade receivables: -€10,054
- Tangible fixed assets +€4,084
up €4,084 (+35.3%), from €11,566 to €15,650
of which Furniture and vehicles: +€3,902
- Receivables after one year +€3,675
new in 2025: €3,675
- Deferred charges and accrued income -€1,608
down €1,608 (-93.0%), from €1,730 to €121
- Cash -€746
down €746 (-73.2%), from €1,019 to €273
mainly Debts after one year (-€11,369) and Investment in fixed assets (net) (-€6,012)
- Debts after one year -€11,369
down €11,369 (-26.9%), from €42,269 to €30,900
of which Other amounts payable: -€16,354
- Profit (loss) carried forward +€10,464
up €10,464 (+36.5%), from -€28,696 to -€18,233
- Tax, wage and social debts +€2,876
up €2,876 (+109%), from €2,634 to €5,510
- Trade debts -€1,982
down €1,982 (-31.4%), from €6,313 to €4,331
- Accrued charges and deferred income +€622
up €622 (+176%), from €354 to €976
- Taxes +€2,251
up €2,251 (+208%), from €1,082 to €3,333
- Depreciation +€729
up €729 (+51.4%), from €1,419 to €2,148
- Gross operating margin +€600
up €600 (+3.6%), from €16,597 to €17,196
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 | €24,588 | €24,985 | +€397 | +1.6% |
| Fixed assets | 21/28 | €11,786 | €15,650 | +€3,865 | +32.8% |
| Tangible fixed assets | 22/27 | €11,566 | €15,650 | +€4,084 | +35.3% |
| Plant, machinery and equipment | 23 | €3,238 | €2,594 | -€644 | -19.9% |
| Furniture and vehicles | 24 | €939 | €4,841 | +€3,902 | +415% |
| Other tangible fixed assets | 26 | €7,388 | €8,214 | +€826 | +11.2% |
| Financial fixed assets | 28 | €220 | - | -€220 | |
| Current assets | 29/58 | €12,803 | €9,335 | -€3,468 | -27.1% |
| Amounts receivable after more than one year | 29 | - | €3,675 | +€3,675 | |
| Other amounts receivable | 291 | - | €3,675 | +€3,675 | |
| Amounts receivable within one year | 40/41 | €10,054 | €5,266 | -€4,788 | -47.6% |
| Trade receivables | 40 | €10,054 | - | -€10,054 | |
| Other amounts receivable | 41 | - | €5,266 | +€5,266 | |
| Cash at bank and in hand | 54/58 | €1,019 | €273 | -€746 | -73.2% |
| Deferred charges and accrued income | 490/1 | €1,730 | €121 | -€1,608 | -93.0% |
| Total equity and liabilities | 10/49 | €24,588 | €24,985 | +€397 | +1.6% |
| Equity | 10/15 | -€27,196 | -€16,733 | +€10,464 | +38.5% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,696 | -€18,233 | +€10,464 | +36.5% |
| Amounts payable | 17/49 | €51,784 | €41,718 | -€10,067 | -19.4% |
| Amounts payable after more than one year | 17 | €42,269 | €30,900 | -€11,369 | -26.9% |
| Financial debts | 170/4 | - | €4,985 | +€4,985 | |
| Other amounts payable | 178/9 | €42,269 | €25,915 | -€16,354 | -38.7% |
| Amounts payable within one year | 42/48 | €9,161 | €9,841 | +€680 | +7.4% |
| Trade debts | 44 | €6,313 | €4,331 | -€1,982 | -31.4% |
| Suppliers | 440/4 | €6,313 | €4,331 | -€1,982 | -31.4% |
| Taxes, remuneration and social security | 45 | €2,634 | €5,510 | +€2,876 | +109% |
| Taxes | 450/3 | €2,634 | €5,510 | +€2,876 | +109% |
| Other amounts payable | 47/48 | €214 | - | -€214 | |
| Accrued charges and deferred income | 492/3 | €354 | €976 | +€622 | +176% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,419 | €2,148 | +€729 | +51.4% |
| Other operating charges | 640/8 | €804 | €968 | +€164 | +20.4% |
| Gross operating margin | 9900 | €16,597 | €17,196 | +€600 | +3.6% |
| Operating profit (loss) | 9901 | €14,373 | €14,081 | -€293 | -2.0% |
| Financial income | 75/76B | €19 | €100 | +€81 | +438% |
| Recurring financial income | 75 | €19 | €100 | +€81 | +438% |
| Financial charges | 65/66B | €539 | €384 | -€156 | -28.9% |
| Recurring financial charges | 65 | €539 | €384 | -€156 | -28.9% |
| Profit (loss) for the period before taxes | 9903 | €13,853 | €13,796 | -€56 | -0.4% |
| Income taxes | 67/77 | €1,082 | €3,333 | +€2,251 | +208% |
| Profit (loss) for the period | 9904 | €12,771 | €10,464 | -€2,307 | -18.1% |
| Profit (loss) for the period to be appropriated | 9905 | €12,771 | €10,464 | -€2,307 | -18.1% |
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 28 October 2026 via checked.be.