GALLOCO: what changed
Two fiscal 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.
GALLOCO
Largest movements
- Receivables within one year +€1.4m
up €1.4m (+84.9%), from €1.6m to €3.0m
of which Other amounts receivable: +€917,880
- Cash +€200,115
up €200,115 (+38.6%), from €519,089 to €719,205
mainly Net result for the year (+€1.6m) and Current portion of long-term debt (+€254,961)
- Reserves +€1.6m
up €1.6m (+120.6%), from €1.4m to €3.0m
- Current portion of long-term debt +€254,961
up €254,961 (+502.1%), from €50,782 to €305,743
- Advances received -€246,360
down €246,360 (-92.9%), from €265,176 to €18,816
- Trade debts +€107,367
up €107,367 (+54.4%), from €197,199 to €304,566
- Other debts -€45,557
down €45,557 (-100.0%), from €45,557 to €0
- Gross operating margin +€933,453
up €933,453 (+74.5%), from €1.3m to €2.2m
- Taxes +€148,025
up €148,025 (+37.8%), from €391,903 to €539,928
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,190,444 | €3,848,989 | +€1.7m | +75.7% |
| Fixed assets | 21/28 | €28,718 | €69,623 | +€40,905 | +142.4% |
| Tangible fixed assets | 22/27 | €28,718 | €53,123 | +€24,405 | +85.0% |
| Plant, machinery and equipment | 23 | €10,168 | €782 | -€9,386 | -92.3% |
| Furniture and vehicles | 24 | €18,550 | €52,341 | +€33,791 | +182.2% |
| Financial fixed assets | 28 | - | €16,500 | +€16,500 | |
| Current assets | 29/58 | €2,161,726 | €3,779,366 | +€1.6m | +74.8% |
| Amounts receivable within one year | 40/41 | €1,633,507 | €3,021,048 | +€1.4m | +84.9% |
| Trade receivables | 40 | €25,162 | €494,822 | +€469,660 | +1866.5% |
| Other amounts receivable | 41 | €1,608,345 | €2,526,225 | +€917,880 | +57.1% |
| Cash at bank and in hand | 54/58 | €519,089 | €719,205 | +€200,115 | +38.6% |
| Deferred charges and accrued income | 490/1 | €9,130 | €39,114 | +€29,984 | +328.4% |
| Total equity and liabilities | 10/49 | €2,190,444 | €3,848,989 | +€1.7m | +75.7% |
| Equity | 10/15 | €1,356,372 | €2,988,033 | +€1.6m | +120.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €1,353,372 | €2,985,033 | +€1.6m | +120.6% |
| Distributable reserves | 133 | €1,353,372 | €2,985,033 | +€1.6m | +120.6% |
| Amounts payable | 17/49 | €834,072 | €860,956 | +€26,883 | +3.2% |
| Amounts payable within one year | 42/48 | €833,882 | €860,956 | +€27,074 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €50,782 | €305,743 | +€254,961 | +502.1% |
| Trade debts | 44 | €197,199 | €304,566 | +€107,367 | +54.4% |
| Suppliers | 440/4 | €197,199 | €304,566 | +€107,367 | +54.4% |
| Advances received on contracts in progress | 46 | €265,176 | €18,816 | -€246,360 | -92.9% |
| Taxes, remuneration and social security | 45 | €275,168 | €231,831 | -€43,337 | -15.7% |
| Taxes | 450/3 | €275,168 | €231,831 | -€43,337 | -15.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €45,557 | €0 | -€45,557 | -100.0% |
| Accrued charges and deferred income | 492/3 | €190 | €0 | -€190 | -100.0% |
| Remuneration, social security and pensions | 62 | €16,478 | €26,432 | +€9,954 | +60.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,349 | €19,798 | +€1,449 | +7.9% |
| Other operating charges | 640/8 | €1,437 | €2,465 | +€1,028 | +71.6% |
| Gross operating margin | 9900 | €1,252,421 | €2,185,874 | +€933,453 | +74.5% |
| Operating profit (loss) | 9901 | €1,216,157 | €2,137,179 | +€921,022 | +75.7% |
| Financial income | 75/76B | €34,118 | €45,363 | +€11,244 | +33.0% |
| Recurring financial income | 75 | €34,118 | €45,363 | +€11,244 | +33.0% |
| Financial charges | 65/66B | €11,871 | €10,953 | -€918 | -7.7% |
| Recurring financial charges | 65 | €11,871 | €10,953 | -€918 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €1,238,404 | €2,171,589 | +€933,184 | +75.4% |
| Income taxes | 67/77 | €391,903 | €539,928 | +€148,025 | +37.8% |
| Profit (loss) for the period | 9904 | €846,501 | €1,631,661 | +€785,160 | +92.8% |
| Profit (loss) for the period to be appropriated | 9905 | €846,501 | €1,631,661 | +€785,160 | +92.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.