GALLEZ CONSTRUCT: 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.
GALLEZ CONSTRUCT
Largest movements
- Receivables within one year +€52,727
up €52,727 (+67.5%), from €78,068 to €130,795
of which Trade receivables: +€51,710
- Tangible fixed assets -€5,724
down €5,724 (-6.5%), from €87,795 to €82,071
of which Land and buildings: -€2,930
- Cash -€3,767
down €3,767 (-16.6%), from €22,757 to €18,990
mainly Receivables within one year (-€52,727) and Tax, wage and social debts (-€5,865)
- Trade debts +€30,346
up €30,346 (+97.8%), from €31,028 to €61,374
- Profit (loss) carried forward +€15,745
up €15,745 (+20.7%), from €75,949 to €91,694
- Other debts +€7,430
up €7,430 (+31.3%), from €23,760 to €31,190
- Tax, wage and social debts -€5,865
no longer reported in 2025 (was €5,865)
- Debts after one year -€3,128
down €3,128 (-13.5%), from €23,172 to €20,044
- Purchases and services -€240,860
down €240,860 (-36.8%), from €654,696 to €413,837
- Turnover -€207,224
down €207,224 (-31.7%), from €654,612 to €447,388
- Gross operating margin +€33,635
up €33,635, from -€84 to €33,551
- Financial charges +€9,080
up €9,080 (+934%), from €972 to €10,052
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 | €190,266 | €234,701 | +€44,434 | +23.4% |
| Fixed assets | 21/28 | €87,795 | €82,071 | -€5,724 | -6.5% |
| Tangible fixed assets | 22/27 | €87,795 | €82,071 | -€5,724 | -6.5% |
| Land and buildings | 22 | €78,486 | €75,556 | -€2,930 | -3.7% |
| Furniture and vehicles | 24 | €9,309 | €6,515 | -€2,794 | -30.0% |
| Current assets | 29/58 | €102,471 | €152,630 | +€50,159 | +48.9% |
| Amounts receivable within one year | 40/41 | €78,068 | €130,795 | +€52,727 | +67.5% |
| Trade receivables | 40 | €44,626 | €96,336 | +€51,710 | +116% |
| Other amounts receivable | 41 | €33,442 | €34,459 | +€1,017 | +3.0% |
| Cash at bank and in hand | 54/58 | €22,757 | €18,990 | -€3,767 | -16.6% |
| Deferred charges and accrued income | 490/1 | €1,646 | €2,845 | +€1,198 | +72.8% |
| Total equity and liabilities | 10/49 | €190,266 | €234,701 | +€44,434 | +23.4% |
| Equity | 10/15 | €94,549 | €110,294 | +€15,745 | +16.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,949 | €91,694 | +€15,745 | +20.7% |
| Amounts payable | 17/49 | €95,717 | €124,407 | +€28,689 | +30.0% |
| Amounts payable after more than one year | 17 | €23,172 | €20,044 | -€3,128 | -13.5% |
| Financial debts | 170/4 | €23,172 | €20,044 | -€3,128 | -13.5% |
| Amounts payable within one year | 42/48 | €72,546 | €104,363 | +€31,817 | +43.9% |
| Current portion of amounts payable after more than one year | 42 | €11,893 | €11,800 | -€93 | -0.8% |
| Trade debts | 44 | €31,028 | €61,374 | +€30,346 | +97.8% |
| Suppliers | 440/4 | €31,028 | €61,374 | +€30,346 | +97.8% |
| Taxes, remuneration and social security | 45 | €5,865 | - | -€5,865 | |
| Taxes | 450/3 | €5,865 | - | -€5,865 | |
| Other amounts payable | 47/48 | €23,760 | €31,190 | +€7,430 | +31.3% |
| Turnover | 70 | €654,612 | €447,388 | -€207,224 | -31.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €654,696 | €413,837 | -€240,860 | -36.8% |
| Remuneration, social security and pensions | 62 | €323 | - | -€323 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,015 | €5,724 | -€291 | -4.8% |
| Other operating charges | 640/8 | €1,651 | €1,976 | +€324 | +19.6% |
| Gross operating margin | 9900 | -€84 | €33,551 | +€33,635 | |
| Operating profit (loss) | 9901 | -€8,074 | €25,851 | +€33,926 | |
| Financial income | 75/76B | €508 | €2 | -€506 | -99.7% |
| Recurring financial income | 75 | €508 | €2 | -€506 | -99.7% |
| Financial charges | 65/66B | €972 | €10,052 | +€9,080 | +934% |
| Recurring financial charges | 65 | €972 | €10,052 | +€9,080 | +934% |
| Profit (loss) for the period before taxes | 9903 | -€8,538 | €15,801 | +€24,339 | |
| Income taxes | 67/77 | - | €56 | +€56 | |
| Profit (loss) for the period | 9904 | -€8,538 | €15,745 | +€24,283 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,538 | €15,745 | +€24,283 |
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 14 October 2026 via checked.be.