GALUCIEL: what changed
GALUCIEL
Largest movements
- Receivables within one year +€11,393
up €11,393 (+47.1%), from €24,201 to €35,594
of which Other amounts receivable: +€7,093
- Intangible fixed assets -€9,925
no longer reported in 2025 (was €9,925)
- Tangible fixed assets -€9,821
down €9,821 (-15.3%), from €64,302 to €54,481
- Cash -€8,595
down €8,595 (-91.3%), from €9,412 to €817
mainly Net result for the year (-€13,529) and Receivables within one year (-€11,393)
- Profit (loss) carried forward -€13,529
down €13,529 (-24.7%), from -€54,858 to -€68,387
- Trade debts -€6,970
down €6,970 (-23.0%), from €30,266 to €23,296
- Other debts +€6,800
up €6,800 (+11.5%), from €59,283 to €66,083
- Tax, wage and social debts -€3,249
no longer reported in 2025 (was €3,249)
- Gross operating margin -€12,263
down €12,263 (-66.1%), from €18,565 to €6,302
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €107,840 | €90,892 | -€16,948 | -15.7% |
| Fixed assets | 21/28 | €74,228 | €54,481 | -€19,747 | -26.6% |
| Intangible fixed assets | 21 | €9,925 | - | -€9,925 | |
| Tangible fixed assets | 22/27 | €64,302 | €54,481 | -€9,821 | -15.3% |
| Furniture and vehicles | 24 | €64,302 | €54,481 | -€9,821 | -15.3% |
| Current assets | 29/58 | €33,612 | €36,411 | +€2,798 | +8.3% |
| Amounts receivable within one year | 40/41 | €24,201 | €35,594 | +€11,393 | +47.1% |
| Trade receivables | 40 | €24,200 | €28,500 | +€4,300 | +17.8% |
| Other amounts receivable | 41 | €1 | €7,094 | +€7,093 | +865,020% |
| Cash at bank and in hand | 54/58 | €9,412 | €817 | -€8,595 | -91.3% |
| Total equity and liabilities | 10/49 | €107,840 | €90,892 | -€16,948 | -15.7% |
| Equity | 10/15 | €15,042 | €1,513 | -€13,529 | -89.9% |
| Contributions | 10/11 | €69,900 | €69,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,858 | -€68,387 | -€13,529 | -24.7% |
| Amounts payable | 17/49 | €92,798 | €89,379 | -€3,419 | -3.7% |
| Amounts payable within one year | 42/48 | €92,798 | €89,379 | -€3,419 | -3.7% |
| Trade debts | 44 | €30,266 | €23,296 | -€6,970 | -23.0% |
| Suppliers | 440/4 | €30,266 | €23,296 | -€6,970 | -23.0% |
| Taxes, remuneration and social security | 45 | €3,249 | - | -€3,249 | |
| Taxes | 450/3 | €3,249 | - | -€3,249 | |
| Other amounts payable | 47/48 | €59,283 | €66,083 | +€6,800 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,747 | €19,747 | +€0 | 0.0% |
| Other operating charges | 640/8 | €13 | - | -€13 | |
| Gross operating margin | 9900 | €18,565 | €6,302 | -€12,263 | -66.1% |
| Operating profit (loss) | 9901 | -€1,194 | -€13,445 | -€12,251 | -1,026% |
| Financial charges | 65/66B | €138 | €85 | -€54 | -38.9% |
| Recurring financial charges | 65 | €138 | €85 | -€54 | -38.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,332 | -€13,529 | -€12,197 | -916% |
| Profit (loss) for the period | 9904 | -€1,332 | -€13,529 | -€12,197 | -916% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,332 | -€13,529 | -€12,197 | -916% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.