GALLEE CONCEPT: 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.
GALLEE CONCEPT
Largest movements
- Cash +€1.0m
up €1.0m (+18,723%), from €5,516 to €1.0m
mainly Other debts (+€1.7m) and Net result for the year (+€172,137)
- Receivables within one year +€379,061
up €379,061 (+11.4%), from €3.3m to €3.7m
of which Trade receivables: +€1.7m
- Stocks and contracts +€244,525
up €244,525 (+6.8%), from €3.6m to €3.8m
- Other debts +€1.7m
up €1.7m (+29.4%), from €5.7m to €7.4m
- Advances received -€282,557
no longer reported in 2025 (was €282,557)
- Profit (loss) carried forward +€172,137
up €172,137 (+258%), from €66,837 to €238,974
- Tax, wage and social debts +€105,923
up €105,923 (+341%), from €31,104 to €137,027
of which Taxes: +€108,307
- Gross operating margin +€255,976
up €255,976 (+80.3%), from €318,766 to €574,742
- Staff costs +€149,474
up €149,474 (+100%), from €148,988 to €298,462
- Depreciation -€53,849
down €53,849 (-44.9%), from €119,807 to €65,959
- Taxes +€17,686
new in 2025: €17,686
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 | €7,063,247 | €8,763,109 | +€1.7m | +24.1% |
| Fixed assets | 21/28 | €139,988 | €183,197 | +€43,209 | +30.9% |
| Tangible fixed assets | 22/27 | €139,783 | €182,992 | +€43,209 | +30.9% |
| Plant, machinery and equipment | 23 | €1,555 | €4,916 | +€3,361 | +216% |
| Furniture and vehicles | 24 | €138,227 | €178,076 | +€39,849 | +28.8% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €6,923,259 | €8,579,912 | +€1.7m | +23.9% |
| Stocks and contracts in progress | 3 | €3,577,143 | €3,821,668 | +€244,525 | +6.8% |
| Stocks | 30/36 | €3,577,143 | €3,821,668 | +€244,525 | +6.8% |
| Amounts receivable within one year | 40/41 | €3,332,075 | €3,711,136 | +€379,061 | +11.4% |
| Trade receivables | 40 | €1,724,293 | €3,472,679 | +€1.7m | +101% |
| Other amounts receivable | 41 | €1,607,782 | €238,457 | -€1.4m | -85.2% |
| Cash at bank and in hand | 54/58 | €5,516 | €1,038,324 | +€1.0m | +18,723% |
| Deferred charges and accrued income | 490/1 | €8,526 | €8,785 | +€259 | +3.0% |
| Total equity and liabilities | 10/49 | €7,063,247 | €8,763,109 | +€1.7m | +24.1% |
| Equity | 10/15 | €707,908 | €880,044 | +€172,137 | +24.3% |
| Contributions | 10/11 | €467,095 | €467,095 | = | 0.0% |
| Capital | 10 | €467,095 | €467,095 | = | 0.0% |
| Issued capital | 100 | €467,095 | €467,095 | = | 0.0% |
| Reserves | 13 | €173,976 | €173,976 | = | 0.0% |
| Non-distributable reserves | 130/1 | €46,710 | €46,710 | = | 0.0% |
| Legal reserve | 130 | €46,710 | €46,710 | = | 0.0% |
| Distributable reserves | 133 | €127,266 | €127,266 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,837 | €238,974 | +€172,137 | +258% |
| Amounts payable | 17/49 | €6,355,339 | €7,883,064 | +€1.5m | +24.0% |
| Amounts payable after more than one year | 17 | €132,801 | €86,584 | -€46,217 | -34.8% |
| Financial debts | 170/4 | €132,801 | €86,584 | -€46,217 | -34.8% |
| Amounts payable within one year | 42/48 | €6,222,538 | €7,796,481 | +€1.6m | +25.3% |
| Current portion of amounts payable after more than one year | 42 | €67,422 | €74,085 | +€6,663 | +9.9% |
| Financial debts | 43 | - | €3,138 | +€3,138 | |
| Credit institutions | 430/8 | - | €3,138 | +€3,138 | |
| Trade debts | 44 | €148,489 | €213,978 | +€65,490 | +44.1% |
| Suppliers | 440/4 | €148,489 | €213,978 | +€65,490 | +44.1% |
| Advances received on contracts in progress | 46 | €282,557 | - | -€282,557 | |
| Taxes, remuneration and social security | 45 | €31,104 | €137,027 | +€105,923 | +341% |
| Taxes | 450/3 | €16,441 | €124,747 | +€108,307 | +659% |
| Remuneration and social security | 454/9 | €14,663 | €12,279 | -€2,384 | -16.3% |
| Other amounts payable | 47/48 | €5,692,967 | €7,368,253 | +€1.7m | +29.4% |
| Remuneration, social security and pensions | 62 | €148,988 | €298,462 | +€149,474 | +100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €119,807 | €65,959 | -€53,849 | -44.9% |
| Other operating charges | 640/8 | €5,899 | €6,216 | +€317 | +5.4% |
| Gross operating margin | 9900 | €318,766 | €574,742 | +€255,976 | +80.3% |
| Operating profit (loss) | 9901 | €44,071 | €204,104 | +€160,034 | +363% |
| Financial income | 75/76B | €117 | €619 | +€502 | +431% |
| Recurring financial income | 75 | €117 | €619 | +€502 | +431% |
| Financial charges | 65/66B | €12,445 | €14,901 | +€2,456 | +19.7% |
| Recurring financial charges | 65 | €12,445 | €14,901 | +€2,456 | +19.7% |
| Profit (loss) for the period before taxes | 9903 | €31,742 | €189,822 | +€158,080 | +498% |
| Income taxes | 67/77 | - | €17,686 | +€17,686 | |
| Profit (loss) for the period | 9904 | €31,742 | €172,137 | +€140,394 | +442% |
| Profit (loss) for the period to be appropriated | 9905 | €31,742 | €172,137 | +€140,394 | +442% |
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 19 October 2026 via checked.be.