GALLET-CLAEYS: 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.
GALLET-CLAEYS
Largest movements
- Tangible fixed assets -€13,464
down €13,464 (-23.1%), from €58,331 to €44,867
of which Furniture and vehicles: -€8,993
- Stocks and contracts -€8,587
down €8,587 (-2.8%), from €303,181 to €294,594
- Cash +€4,081
up €4,081 (+63.7%), from €6,408 to €10,489
mainly Net result for the year (+€25,837) and Depreciation (+€16,608)
- Debts after one year -€30,514
down €30,514 (-16.0%), from €190,660 to €160,145
- Reserves +€25,837
up €25,837 (+29.9%), from €86,555 to €112,392
- Trade debts -€15,016
down €15,016 (-72.5%), from €20,701 to €5,686
- Gross operating margin +€2,477
up €2,477 (+4.6%), from €53,270 to €55,747
- Taxes +€1,004
up €1,004 (+8.7%), from €11,606 to €12,610
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 | €377,045 | €355,607 | -€21,437 | -5.7% |
| Fixed assets | 21/28 | €65,459 | €50,213 | -€15,246 | -23.3% |
| Intangible fixed assets | 21 | €7,128 | €5,346 | -€1,782 | -25.0% |
| Tangible fixed assets | 22/27 | €58,331 | €44,867 | -€13,464 | -23.1% |
| Plant, machinery and equipment | 23 | €8,489 | €7,054 | -€1,434 | -16.9% |
| Furniture and vehicles | 24 | €25,547 | €16,554 | -€8,993 | -35.2% |
| Other tangible fixed assets | 26 | €24,295 | €21,258 | -€3,037 | -12.5% |
| Current assets | 29/58 | €311,586 | €305,395 | -€6,191 | -2.0% |
| Stocks and contracts in progress | 3 | €303,181 | €294,594 | -€8,587 | -2.8% |
| Stocks | 30/36 | €303,181 | €294,594 | -€8,587 | -2.8% |
| Amounts receivable within one year | 40/41 | €1,347 | €312 | -€1,035 | -76.9% |
| Trade receivables | 40 | €1,347 | €312 | -€1,035 | -76.9% |
| Cash at bank and in hand | 54/58 | €6,408 | €10,489 | +€4,081 | +63.7% |
| Deferred charges and accrued income | 490/1 | €650 | - | -€650 | |
| Total equity and liabilities | 10/49 | €377,045 | €355,607 | -€21,437 | -5.7% |
| Equity | 10/15 | €148,555 | €174,392 | +€25,837 | +17.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €86,555 | €112,392 | +€25,837 | +29.9% |
| Distributable reserves | 133 | €86,555 | €112,392 | +€25,837 | +29.9% |
| Amounts payable | 17/49 | €228,490 | €181,215 | -€47,274 | -20.7% |
| Amounts payable after more than one year | 17 | €190,660 | €160,145 | -€30,514 | -16.0% |
| Financial debts | 170/4 | €190,660 | €160,145 | -€30,514 | -16.0% |
| Amounts payable within one year | 42/48 | €37,830 | €21,070 | -€16,760 | -44.3% |
| Trade debts | 44 | €20,701 | €5,686 | -€15,016 | -72.5% |
| Suppliers | 440/4 | €20,701 | €5,686 | -€15,016 | -72.5% |
| Taxes, remuneration and social security | 45 | €17,128 | €15,384 | -€1,744 | -10.2% |
| Taxes | 450/3 | €17,128 | €15,384 | -€1,744 | -10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,971 | €16,608 | -€363 | -2.1% |
| Other operating charges | 640/8 | €802 | €748 | -€54 | -6.7% |
| Gross operating margin | 9900 | €53,270 | €55,747 | +€2,477 | +4.6% |
| Operating profit (loss) | 9901 | €35,497 | €38,390 | +€2,893 | +8.2% |
| Financial income | 75/76B | €34 | €57 | +€23 | +68.6% |
| Recurring financial income | 75 | €34 | €57 | +€23 | +68.6% |
| Financial charges | 65/66B | €107 | €0 | -€107 | -100.0% |
| Recurring financial charges | 65 | €107 | €0 | -€107 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €35,424 | €38,447 | +€3,023 | +8.5% |
| Income taxes | 67/77 | €11,606 | €12,610 | +€1,004 | +8.7% |
| Profit (loss) for the period | 9904 | €23,818 | €25,837 | +€2,019 | +8.5% |
| Profit (loss) for the period to be appropriated | 9905 | €23,818 | €25,837 | +€2,019 | +8.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.