GALLIA: 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.
What changed
GALLIA
NACE 79.120, Travel agency, tour operator and other reservation service and related activities
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€17,644
2024 · €24,385-€42,029
Equity
€257,387
2024 · €283,781-€26,394
Cash
€481,134
2024 · €466,976+€14,158
Balance sheet total
€2.2m
2024 · €2.0m+€188,699
Largest movements
Assets
- Receivables within one year +€127,634
up €127,634 (+33.6%), from €379,874 to €507,508
of which Trade receivables: +€126,519
- Deferred charges and accrued income +€46,441
up €46,441 (+5.2%), from €886,942 to €933,383
Equity and liabilities
- Advances received +€177,905
up €177,905 (+14.0%), from €1.3m to €1.5m
- Trade debts +€40,569
up €40,569 (+12.8%), from €315,939 to €356,508
Income statement
- Gross operating margin -€31,783
down €31,783 (-6.1%), from €523,400 to €491,618
- Staff costs +€19,957
up €19,957 (+4.4%), from €457,706 to €477,662
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.
Result 2024
€24,385
Gross operating margin
-€31,783
Staff costs
-€19,957
Depreciation
+€594
Other operating charges
-€318
Financial income
+€4,527
Financial charges
+€2,469
Taxes
+€2,438
Result 2025
-€17,644
Cash bridge derived
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.
From operations
+€58,654
Investment
-€28,096
Financing
-€16,400
Cash 2024
€466,976
From operations (derived)
+€58,654
Net result for the year
-€17,644
Depreciation
+€27,630
Receivables within one year
-€127,634
Deferred charges and accrued income
-€46,441
Trade debts
+€40,569
Tax, wage and social debts
+€1,134
Advances received
+€177,905
Other debts
+€372
Accrued charges and deferred income
+€2,763
Investment (derived)
-€28,096
Investment in fixed assets (net)
-€28,249
Current investments
+€153
Financing
-€16,400
Debts after one year
-€4,502
Current portion of long-term debt
-€3,148
Contributions, distributions and other
-€8,750
Cash 2025
€481,134
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,967,779 | €2,156,478 | +€188,699 | +9.6% |
| Fixed assets | 21/28 | €226,530 | €227,149 | +€619 | +0.3% |
| Tangible fixed assets | 22/27 | €224,278 | €214,847 | -€9,431 | -4.2% |
| Land and buildings | 22 | €167,037 | €161,966 | -€5,071 | -3.0% |
| Plant, machinery and equipment | 23 | €16,428 | €18,557 | +€2,129 | +13.0% |
| Furniture and vehicles | 24 | €40,813 | €34,324 | -€6,489 | -15.9% |
| Financial fixed assets | 28 | €2,252 | €12,302 | +€10,050 | +446.3% |
| Current assets | 29/58 | €1,741,249 | €1,929,329 | +€188,080 | +10.8% |
| Amounts receivable within one year | 40/41 | €379,874 | €507,508 | +€127,634 | +33.6% |
| Trade receivables | 40 | €379,874 | €506,393 | +€126,519 | +33.3% |
| Other amounts receivable | 41 | - | €1,115 | +€1,115 | |
| Current investments | 50/53 | €7,457 | €7,304 | -€153 | -2.1% |
| Cash at bank and in hand | 54/58 | €466,976 | €481,134 | +€14,158 | +3.0% |
| Deferred charges and accrued income | 490/1 | €886,942 | €933,383 | +€46,441 | +5.2% |
| Total equity and liabilities | 10/49 | €1,967,779 | €2,156,478 | +€188,699 | +9.6% |
| Equity | 10/15 | €283,781 | €257,387 | -€26,394 | -9.3% |
| Contributions | 10/11 | €131,500 | €131,500 | = | 0.0% |
| Revaluation surpluses | 12 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €50,701 | €32,951 | -€17,750 | -35.0% |
| Tax-exempt reserves | 132 | €8,601 | €8,601 | = | 0.0% |
| Distributable reserves | 133 | €42,100 | €24,350 | -€17,750 | -42.2% |
| Profit (loss) carried forward | 14 | €1,580 | -€7,064 | -€8,644 | |
| Amounts payable | 17/49 | €1,683,998 | €1,899,091 | +€215,093 | +12.8% |
| Amounts payable after more than one year | 17 | €4,502 | - | -€4,502 | |
| Financial debts | 170/4 | €4,502 | - | -€4,502 | |
| Amounts payable within one year | 42/48 | €1,657,895 | €1,874,726 | +€216,832 | +13.1% |
| Current portion of amounts payable after more than one year | 42 | €7,650 | €4,502 | -€3,148 | -41.2% |
| Trade debts | 44 | €315,939 | €356,508 | +€40,569 | +12.8% |
| Suppliers | 440/4 | €315,939 | €356,508 | +€40,569 | +12.8% |
| Advances received on contracts in progress | 46 | €1,274,818 | €1,452,723 | +€177,905 | +14.0% |
| Taxes, remuneration and social security | 45 | €57,790 | €58,923 | +€1,134 | +2.0% |
| Taxes | 450/3 | €6,633 | €9,346 | +€2,713 | +40.9% |
| Remuneration and social security | 454/9 | €51,157 | €49,577 | -€1,580 | -3.1% |
| Other amounts payable | 47/48 | €1,698 | €2,070 | +€372 | +21.9% |
| Accrued charges and deferred income | 492/3 | €21,601 | €24,364 | +€2,763 | +12.8% |
| Non-recurring operating income | 76A | €1,240 | - | -€1,240 | |
| Remuneration, social security and pensions | 62 | €457,706 | €477,662 | +€19,957 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,224 | €27,630 | -€594 | -2.1% |
| Other operating charges | 640/8 | €3,701 | €4,019 | +€318 | +8.6% |
| Gross operating margin | 9900 | €523,400 | €491,618 | -€31,783 | -6.1% |
| Operating profit (loss) | 9901 | €33,769 | -€17,694 | -€51,463 | |
| Financial income | 75/76B | €4,918 | €9,445 | +€4,527 | +92.1% |
| Recurring financial income | 75 | €4,918 | €9,445 | +€4,527 | +92.1% |
| Financial charges | 65/66B | €11,685 | €9,215 | -€2,469 | -21.1% |
| Recurring financial charges | 65 | €11,685 | €9,215 | -€2,469 | -21.1% |
| Profit (loss) for the period before taxes | 9903 | €27,002 | -€17,464 | -€44,466 | |
| Income taxes | 67/77 | €2,618 | €180 | -€2,438 | -93.1% |
| Profit (loss) for the period | 9904 | €24,385 | -€17,644 | -€42,029 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,385 | -€17,644 | -€42,029 |
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 10 October 2026 via checked.be.