GALOTO: 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.
GALOTO
Largest movements
- Receivables within one year +€1,212
up €1,212 (+5.3%), from €22,907 to €24,119
- Tangible fixed assets -€729
down €729 (-20.2%), from €3,610 to €2,880
of which Other tangible fixed assets: -€403
- Cash -€304
down €304 (-32.7%), from €930 to €625
mainly Receivables within one year (-€1,212) and Trade debts (-€244)
- Profit (loss) carried forward +€422
up €422 (+11.1%), from -€3,794 to -€3,372
- Other operating charges -€449
down €449 (-100.0%), from €449 to €0
- Financial charges -€222
down €222 (-78.5%), from €282 to €61
- Gross operating margin -€25
down €25 (-2.0%), from €1,237 to €1,212
- Depreciation -€20
down €20 (-2.7%), from €750 to €729
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,447 | €27,625 | +€178 | +0.6% |
| Fixed assets | 21/28 | €3,610 | €2,880 | -€729 | -20.2% |
| Tangible fixed assets | 22/27 | €3,610 | €2,880 | -€729 | -20.2% |
| Furniture and vehicles | 24 | €327 | €0 | -€327 | -100.0% |
| Other tangible fixed assets | 26 | €3,283 | €2,880 | -€403 | -12.3% |
| Current assets | 29/58 | €23,837 | €24,745 | +€908 | +3.8% |
| Amounts receivable within one year | 40/41 | €22,907 | €24,119 | +€1,212 | +5.3% |
| Other amounts receivable | 41 | €22,907 | €24,119 | +€1,212 | +5.3% |
| Cash at bank and in hand | 54/58 | €930 | €625 | -€304 | -32.7% |
| Total equity and liabilities | 10/49 | €27,447 | €27,625 | +€178 | +0.6% |
| Equity | 10/15 | €26,206 | €26,628 | +€422 | +1.6% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Capital | 10 | €30,000 | €30,000 | = | 0.0% |
| Issued capital | 100 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,794 | -€3,372 | +€422 | +11.1% |
| Amounts payable | 17/49 | €1,240 | €997 | -€244 | -19.6% |
| Amounts payable within one year | 42/48 | €1,240 | €997 | -€244 | -19.6% |
| Trade debts | 44 | €1,240 | €997 | -€244 | -19.6% |
| Suppliers | 440/4 | €1,240 | €997 | -€244 | -19.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €750 | €729 | -€20 | -2.7% |
| Other operating charges | 640/8 | €449 | €0 | -€449 | -100.0% |
| Gross operating margin | 9900 | €1,237 | €1,212 | -€25 | -2.0% |
| Operating profit (loss) | 9901 | €39 | €483 | +€444 | +1141.5% |
| Financial charges | 65/66B | €282 | €61 | -€222 | -78.5% |
| Recurring financial charges | 65 | €282 | €61 | -€222 | -78.5% |
| Profit (loss) for the period before taxes | 9903 | -€243 | €422 | +€665 | |
| Profit (loss) for the period | 9904 | -€243 | €422 | +€665 | |
| Profit (loss) for the period to be appropriated | 9905 | -€243 | €422 | +€665 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.