GALLER - HUY: 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.
GALLER - HUY
Largest movements
- Cash -€16,338
down €16,338 (-56.2%), from €29,064 to €12,726
mainly Net result for the year (-€40,478) and Investment in fixed assets (net) (-€36,864)
- Tangible fixed assets +€12,945
up €12,945 (+73.1%), from €17,711 to €30,656
of which Furniture and vehicles: +€12,352
- Financial fixed assets +€12,210
up €12,210 (+2,418%), from €505 to €12,715
- Formation expenses +€6,584
new in 2025: €6,584
- Stocks and contracts -€4,618
down €4,618 (-25.6%), from €18,039 to €13,421
- Debts after one year +€45,426
up €45,426 (+1,054%), from €4,310 to €49,736
of which Financial debts: +€29,898
- Profit (loss) carried forward -€40,478
down €40,478, from €24,735 to -€15,743
- Trade debts -€28,185
down €28,185 (-95.0%), from €29,679 to €1,494
- Short-term financial debts +€15,000
new in 2025: €15,000
- Other debts +€10,021
new in 2025: €10,021
- Gross operating margin -€36,949
down €36,949, from €19,191 to -€17,758
- Staff costs +€12,004
new in 2025: €12,004
- Taxes -€5,007
down €5,007, from €2,758 to -€2,249
- Depreciation +€3,546
up €3,546 (+225%), from €1,579 to €5,125
- Other operating charges -€1,692
down €1,692 (-32.9%), from €5,141 to €3,449
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 | €98,919 | €109,464 | +€10,544 | +10.7% |
| Formation expenses | 20 | - | €6,584 | +€6,584 | |
| Fixed assets | 21/28 | €18,216 | €43,371 | +€25,155 | +138% |
| Tangible fixed assets | 22/27 | €17,711 | €30,656 | +€12,945 | +73.1% |
| Plant, machinery and equipment | 23 | €7,832 | €9,474 | +€1,642 | +21.0% |
| Furniture and vehicles | 24 | €429 | €12,782 | +€12,352 | +2,877% |
| Leasing and similar rights | 25 | €9,450 | - | -€9,450 | |
| Other tangible fixed assets | 26 | - | €8,400 | +€8,400 | |
| Financial fixed assets | 28 | €505 | €12,715 | +€12,210 | +2,418% |
| Current assets | 29/58 | €80,703 | €59,509 | -€21,194 | -26.3% |
| Stocks and contracts in progress | 3 | €18,039 | €13,421 | -€4,618 | -25.6% |
| Stocks | 30/36 | €18,039 | €13,421 | -€4,618 | -25.6% |
| Amounts receivable within one year | 40/41 | €27,657 | €28,811 | +€1,154 | +4.2% |
| Trade receivables | 40 | €19,318 | €18,790 | -€527 | -2.7% |
| Other amounts receivable | 41 | €8,339 | €10,020 | +€1,681 | +20.2% |
| Cash at bank and in hand | 54/58 | €29,064 | €12,726 | -€16,338 | -56.2% |
| Deferred charges and accrued income | 490/1 | €5,943 | €4,550 | -€1,393 | -23.4% |
| Total equity and liabilities | 10/49 | €98,919 | €109,464 | +€10,544 | +10.7% |
| Equity | 10/15 | €55,195 | €14,717 | -€40,478 | -73.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,860 | €11,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,735 | -€15,743 | -€40,478 | |
| Amounts payable | 17/49 | €43,724 | €94,747 | +€51,023 | +117% |
| Amounts payable after more than one year | 17 | €4,310 | €49,736 | +€45,426 | +1,054% |
| Financial debts | 170/4 | - | €29,898 | +€29,898 | |
| Other amounts payable | 178/9 | €4,310 | €19,839 | +€15,528 | +360% |
| Amounts payable within one year | 42/48 | €39,414 | €44,986 | +€5,572 | +14.1% |
| Current portion of amounts payable after more than one year | 42 | - | €9,329 | +€9,329 | |
| Financial debts | 43 | - | €15,000 | +€15,000 | |
| Other loans | 439 | - | €15,000 | +€15,000 | |
| Trade debts | 44 | €29,679 | €1,494 | -€28,185 | -95.0% |
| Suppliers | 440/4 | €29,679 | €1,494 | -€28,185 | -95.0% |
| Taxes, remuneration and social security | 45 | €9,735 | €9,141 | -€594 | -6.1% |
| Taxes | 450/3 | €5,522 | €4,668 | -€854 | -15.5% |
| Remuneration and social security | 454/9 | €4,212 | €4,472 | +€260 | +6.2% |
| Other amounts payable | 47/48 | - | €10,021 | +€10,021 | |
| Accrued charges and deferred income | 492/3 | - | €25 | +€25 | |
| Remuneration, social security and pensions | 62 | - | €12,004 | +€12,004 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,579 | €5,125 | +€3,546 | +225% |
| Other operating charges | 640/8 | €5,141 | €3,449 | -€1,692 | -32.9% |
| Non-recurring operating charges | 66A | €1,803 | - | -€1,803 | |
| Gross operating margin | 9900 | €19,191 | -€17,758 | -€36,949 | |
| Operating profit (loss) | 9901 | €10,668 | -€38,336 | -€49,005 | |
| Financial income | 75/76B | €1 | €5 | +€5 | +800% |
| Recurring financial income | 75 | €1 | €5 | +€5 | +800% |
| Financial charges | 65/66B | €3,441 | €4,397 | +€956 | +27.8% |
| Recurring financial charges | 65 | €3,441 | €4,397 | +€956 | +27.8% |
| Profit (loss) for the period before taxes | 9903 | €7,228 | -€42,728 | -€49,956 | |
| Income taxes | 67/77 | €2,758 | -€2,249 | -€5,007 | |
| Profit (loss) for the period | 9904 | €4,470 | -€40,478 | -€44,949 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,470 | -€40,478 | -€44,949 |
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 23 October 2026 via checked.be.