GALLUS: 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.
GALLUS
Largest movements
- Tangible fixed assets -€47,872
down €47,872 (-16.0%), from €299,366 to €251,494
of which Furniture and vehicles: -€36,120
- Cash +€8,098
up €8,098 (+8.5%), from €95,328 to €103,425
mainly Depreciation (+€54,137) and Net result for the year (+€11,506)
- Debts after one year -€38,161
down €38,161 (-21.1%), from €180,945 to €142,784
- Reserves +€11,500
up €11,500 (+22.2%), from €51,859 to €63,359
- Tax, wage and social debts -€6,726
down €6,726 (-38.4%), from €17,506 to €10,780
of which Taxes: -€6,899
- Trade debts -€6,260
down €6,260 (-6.4%), from €97,431 to €91,171
- Depreciation +€13,782
up €13,782 (+34.2%), from €40,355 to €54,137
- Gross operating margin +€7,188
up €7,188 (+5.9%), from €122,211 to €129,399
- Staff costs -€2,511
down €2,511 (-4.9%), from €50,847 to €48,336
- Taxes +€2,071
up €2,071 (+38.3%), from €5,402 to €7,473
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 | €399,923 | €362,629 | -€37,294 | -9.3% |
| Fixed assets | 21/28 | €299,366 | €251,494 | -€47,872 | -16.0% |
| Tangible fixed assets | 22/27 | €299,366 | €251,494 | -€47,872 | -16.0% |
| Furniture and vehicles | 24 | €198,262 | €162,142 | -€36,120 | -18.2% |
| Other tangible fixed assets | 26 | €101,104 | €89,352 | -€11,752 | -11.6% |
| Current assets | 29/58 | €100,558 | €111,135 | +€10,578 | +10.5% |
| Amounts receivable within one year | 40/41 | €4,657 | €7,124 | +€2,467 | +53.0% |
| Other amounts receivable | 41 | €4,657 | €7,124 | +€2,467 | +53.0% |
| Cash at bank and in hand | 54/58 | €95,328 | €103,425 | +€8,098 | +8.5% |
| Deferred charges and accrued income | 490/1 | €572 | €586 | +€13 | +2.3% |
| Total equity and liabilities | 10/49 | €399,923 | €362,629 | -€37,294 | -9.3% |
| Equity | 10/15 | €60,584 | €72,090 | +€11,506 | +19.0% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €51,859 | €63,359 | +€11,500 | +22.2% |
| Distributable reserves | 133 | €51,859 | €63,359 | +€11,500 | +22.2% |
| Profit (loss) carried forward | 14 | €2,520 | €2,526 | +€6 | +0.3% |
| Amounts payable | 17/49 | €339,339 | €290,539 | -€48,800 | -14.4% |
| Amounts payable after more than one year | 17 | €180,945 | €142,784 | -€38,161 | -21.1% |
| Financial debts | 170/4 | €180,945 | €142,784 | -€38,161 | -21.1% |
| Amounts payable within one year | 42/48 | €158,394 | €147,755 | -€10,639 | -6.7% |
| Current portion of amounts payable after more than one year | 42 | €39,892 | €39,229 | -€663 | -1.7% |
| Financial debts | 43 | €3,565 | €6,574 | +€3,009 | +84.4% |
| Credit institutions | 430/8 | €3,565 | €6,574 | +€3,009 | +84.4% |
| Trade debts | 44 | €97,431 | €91,171 | -€6,260 | -6.4% |
| Suppliers | 440/4 | €97,431 | €91,171 | -€6,260 | -6.4% |
| Taxes, remuneration and social security | 45 | €17,506 | €10,780 | -€6,726 | -38.4% |
| Taxes | 450/3 | €12,672 | €5,773 | -€6,899 | -54.4% |
| Remuneration and social security | 454/9 | €4,834 | €5,007 | +€173 | +3.6% |
| Non-recurring operating income | 76A | - | €8,923 | +€8,923 | |
| Remuneration, social security and pensions | 62 | €50,847 | €48,336 | -€2,511 | -4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,355 | €54,137 | +€13,782 | +34.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,200 | -€1,200 | = | 0.0% |
| Other operating charges | 640/8 | €1,625 | €400 | -€1,225 | -75.4% |
| Gross operating margin | 9900 | €122,211 | €129,399 | +€7,188 | +5.9% |
| Operating profit (loss) | 9901 | €30,585 | €27,726 | -€2,858 | -9.3% |
| Financial income | 75/76B | €417 | €158 | -€258 | -62.0% |
| Recurring financial income | 75 | €417 | €158 | -€258 | -62.0% |
| Financial charges | 65/66B | €9,657 | €8,905 | -€752 | -7.8% |
| Recurring financial charges | 65 | €9,657 | €8,905 | -€752 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | €21,345 | €18,980 | -€2,365 | -11.1% |
| Income taxes | 67/77 | €5,402 | €7,473 | +€2,071 | +38.3% |
| Profit (loss) for the period | 9904 | €15,943 | €11,506 | -€4,436 | -27.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,943 | €11,506 | -€4,436 | -27.8% |
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 3 October 2026 via checked.be.