GROUP GALAND: 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.
GROUP GALAND
Largest movements
- Tangible fixed assets +€68,114
up €68,114 (+73,399%), from €93 to €68,207
of which Land and buildings: +€60,992
- Receivables within one year +€2,739
up €2,739 (+101%), from €2,715 to €5,454
of which Trade receivables: +€4,277
- Cash +€2,480
up €2,480 (+53.1%), from €4,667 to €7,147
mainly Debts after one year (+€39,137) and Other debts (+€26,321)
- Debts after one year +€39,137
new in 2025: €39,137
- Other debts +€26,321
new in 2025: €26,321
- Current portion of long-term debt +€3,563
new in 2025: €3,563
- Reserves +€3,142
new in 2025: €3,142
- Tax, wage and social debts +€1,014
new in 2025: €1,014
of which Remuneration and social security: +€700
- Gross operating margin +€15,431
up €15,431 (+17,053%), from €90 to €15,521
- Depreciation +€10,200
up €10,200 (+1,646%), from €620 to €10,820
- Other operating charges +€743
up €743 (+1,047%), from €71 to €814
- Taxes +€314
new in 2025: €314
- Financial charges +€252
up €252 (+186%), from €136 to €388
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 | €7,475 | €80,926 | +€73,451 | +983% |
| Fixed assets | 21/28 | €93 | €68,207 | +€68,114 | +73,399% |
| Tangible fixed assets | 22/27 | €93 | €68,207 | +€68,114 | +73,399% |
| Land and buildings | 22 | - | €60,992 | +€60,992 | |
| Plant, machinery and equipment | 23 | €93 | €0 | -€93 | -100% |
| Furniture and vehicles | 24 | €0 | €7,215 | +€7,215 | |
| Current assets | 29/58 | €7,382 | €12,719 | +€5,336 | +72.3% |
| Amounts receivable within one year | 40/41 | €2,715 | €5,454 | +€2,739 | +101% |
| Trade receivables | 40 | €419 | €4,696 | +€4,277 | +1,022% |
| Other amounts receivable | 41 | €2,296 | €758 | -€1,539 | -67.0% |
| Cash at bank and in hand | 54/58 | €4,667 | €7,147 | +€2,480 | +53.1% |
| Deferred charges and accrued income | 490/1 | €0 | €117 | +€117 | |
| Total equity and liabilities | 10/49 | €7,475 | €80,926 | +€73,451 | +983% |
| Equity | 10/15 | €7,317 | €10,460 | +€3,142 | +42.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €3,142 | +€3,142 | |
| Distributable reserves | 133 | - | €3,142 | +€3,142 | |
| Profit (loss) carried forward | 14 | -€11,283 | -€11,283 | = | 0.0% |
| Amounts payable | 17/49 | €158 | €70,466 | +€70,308 | +44,592% |
| Amounts payable after more than one year | 17 | - | €39,137 | +€39,137 | |
| Financial debts | 170/4 | - | €39,137 | +€39,137 | |
| Amounts payable within one year | 42/48 | €158 | €31,329 | +€31,171 | +19,770% |
| Current portion of amounts payable after more than one year | 42 | - | €3,563 | +€3,563 | |
| Trade debts | 44 | €158 | €431 | +€273 | +173% |
| Suppliers | 440/4 | €158 | €431 | +€273 | +173% |
| Taxes, remuneration and social security | 45 | - | €1,014 | +€1,014 | |
| Taxes | 450/3 | - | €314 | +€314 | |
| Remuneration and social security | 454/9 | - | €700 | +€700 | |
| Other amounts payable | 47/48 | - | €26,321 | +€26,321 | |
| Non-recurring operating income | 76A | - | €150 | +€150 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €620 | €10,820 | +€10,200 | +1,646% |
| Other operating charges | 640/8 | €71 | €814 | +€743 | +1,047% |
| Non-recurring operating charges | 66A | €63 | €43 | -€20 | -32.1% |
| Gross operating margin | 9900 | €90 | €15,521 | +€15,431 | +17,053% |
| Operating profit (loss) | 9901 | -€663 | €3,844 | +€4,507 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €136 | €388 | +€252 | +186% |
| Recurring financial charges | 65 | €136 | €388 | +€252 | +186% |
| Profit (loss) for the period before taxes | 9903 | -€798 | €3,456 | +€4,255 | |
| Income taxes | 67/77 | - | €314 | +€314 | |
| Profit (loss) for the period | 9904 | -€798 | €3,142 | +€3,940 | |
| Profit (loss) for the period to be appropriated | 9905 | -€798 | €3,142 | +€3,940 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.