GALLUS: 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.
GALLUS
Largest movements
- Cash +€260,444
up €260,444 (+92.7%), from €280,960 to €541,404
mainly Trade debts (+€151,297) and Receivables within one year (+€123,707)
- Receivables within one year -€123,707
down €123,707 (-23.0%), from €538,292 to €414,586
of which Other amounts receivable: -€148,341
- Stocks and contracts +€70,499
new in 2025: €70,499
- Tangible fixed assets -€13,245
down €13,245 (-11.9%), from €111,330 to €98,085
of which Land and buildings: -€17,055
- Trade debts +€151,297
up €151,297 (+42.7%), from €354,403 to €505,700
- Profit (loss) carried forward +€99,178
up €99,178 (+30.2%), from €328,648 to €427,826
- Tax, wage and social debts -€40,893
down €40,893 (-93.1%), from €43,927 to €3,034
of which Taxes: -€41,309
- Debts after one year -€13,889
no longer reported in 2025 (was €13,889)
- Gross operating margin -€65,219
down €65,219 (-27.2%), from €239,668 to €174,450
- Taxes -€16,691
down €16,691 (-33.4%), from €50,010 to €33,318
- Staff costs -€5,671
down €5,671 (-25.2%), from €22,539 to €16,868
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 | €934,730 | €1,129,418 | +€194,689 | +20.8% |
| Fixed assets | 21/28 | €111,330 | €98,085 | -€13,245 | -11.9% |
| Tangible fixed assets | 22/27 | €111,330 | €98,085 | -€13,245 | -11.9% |
| Land and buildings | 22 | €74,632 | €57,577 | -€17,055 | -22.9% |
| Plant, machinery and equipment | 23 | €36,698 | €37,133 | +€434 | +1.2% |
| Furniture and vehicles | 24 | - | €3,375 | +€3,375 | |
| Current assets | 29/58 | €823,400 | €1,031,334 | +€207,934 | +25.3% |
| Stocks and contracts in progress | 3 | - | €70,499 | +€70,499 | |
| Stocks | 30/36 | - | €70,499 | +€70,499 | |
| Amounts receivable within one year | 40/41 | €538,292 | €414,586 | -€123,707 | -23.0% |
| Trade receivables | 40 | €283,270 | €307,905 | +€24,635 | +8.7% |
| Other amounts receivable | 41 | €255,022 | €106,681 | -€148,341 | -58.2% |
| Cash at bank and in hand | 54/58 | €280,960 | €541,404 | +€260,444 | +92.7% |
| Deferred charges and accrued income | 490/1 | €4,147 | €4,845 | +€698 | +16.8% |
| Total equity and liabilities | 10/49 | €934,730 | €1,129,418 | +€194,689 | +20.8% |
| Equity | 10/15 | €467,296 | €566,474 | +€99,178 | +21.2% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €113,859 | €113,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €92,630 | €92,630 | = | 0.0% |
| Profit (loss) carried forward | 14 | €328,648 | €427,826 | +€99,178 | +30.2% |
| Amounts payable | 17/49 | €467,433 | €562,944 | +€95,511 | +20.4% |
| Amounts payable after more than one year | 17 | €13,889 | - | -€13,889 | |
| Financial debts | 170/4 | €13,889 | - | -€13,889 | |
| Amounts payable within one year | 42/48 | €453,544 | €562,944 | +€109,400 | +24.1% |
| Current portion of amounts payable after more than one year | 42 | €16,667 | €13,889 | -€2,778 | -16.7% |
| Trade debts | 44 | €354,403 | €505,700 | +€151,297 | +42.7% |
| Suppliers | 440/4 | €354,403 | €505,700 | +€151,297 | +42.7% |
| Taxes, remuneration and social security | 45 | €43,927 | €3,034 | -€40,893 | -93.1% |
| Taxes | 450/3 | €42,272 | €963 | -€41,309 | -97.7% |
| Remuneration and social security | 454/9 | €1,655 | €2,070 | +€416 | +25.1% |
| Other amounts payable | 47/48 | €38,547 | €40,321 | +€1,774 | +4.6% |
| Remuneration, social security and pensions | 62 | €22,539 | €16,868 | -€5,671 | -25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,508 | €18,879 | -€629 | -3.2% |
| Other operating charges | 640/8 | €7,057 | €7,499 | +€442 | +6.3% |
| Gross operating margin | 9900 | €239,668 | €174,450 | -€65,219 | -27.2% |
| Operating profit (loss) | 9901 | €190,565 | €131,204 | -€59,361 | -31.1% |
| Financial income | 75/76B | €1,709 | €2,286 | +€577 | +33.8% |
| Recurring financial income | 75 | €1,709 | €2,286 | +€577 | +33.8% |
| Financial charges | 65/66B | €1,646 | €994 | -€652 | -39.6% |
| Recurring financial charges | 65 | €1,646 | €994 | -€652 | -39.6% |
| Profit (loss) for the period before taxes | 9903 | €190,627 | €132,496 | -€58,131 | -30.5% |
| Income taxes | 67/77 | €50,010 | €33,318 | -€16,691 | -33.4% |
| Profit (loss) for the period | 9904 | €140,617 | €99,178 | -€41,439 | -29.5% |
| Profit (loss) for the period to be appropriated | 9905 | €140,617 | €99,178 | -€41,439 | -29.5% |
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 14 October 2026 via checked.be.