GYALO: 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.
GYALO
Largest movements
- Tangible fixed assets +€10,148
new in 2025: €10,148
- Cash +€8,628
up €8,628 (+4.8%), from €179,823 to €188,451
mainly Other debts (+€54,709) and Net result for the year (+€30,191)
- Receivables within one year +€5,068
up €5,068 (+119%), from €4,269 to €9,337
of which Other amounts receivable: +€8,617
- Other debts +€54,709
up €54,709 (+168%), from €32,507 to €87,216
- Reserves -€18,384
down €18,384 (-13.8%), from €133,140 to €114,756
- Tax, wage and social debts -€7,393
down €7,393 (-71.6%), from €10,331 to €2,938
- Trade debts -€5,475
down €5,475 (-97.4%), from €5,623 to €147
- Gross operating margin +€19,158
up €19,158 (+68.8%), from €27,845 to €47,004
- Taxes +€2,990
up €2,990 (+50.7%), from €5,894 to €8,883
- Depreciation +€2,758
new in 2025: €2,758
- Other operating charges +€1,453
up €1,453 (+148%), from €985 to €2,438
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 | €184,802 | €208,575 | +€23,773 | +12.9% |
| Fixed assets | 21/28 | - | €10,148 | +€10,148 | |
| Tangible fixed assets | 22/27 | - | €10,148 | +€10,148 | |
| Furniture and vehicles | 24 | - | €10,148 | +€10,148 | |
| Current assets | 29/58 | €184,802 | €198,427 | +€13,624 | +7.4% |
| Amounts receivable within one year | 40/41 | €4,269 | €9,337 | +€5,068 | +119% |
| Trade receivables | 40 | €4,269 | €720 | -€3,549 | -83.1% |
| Other amounts receivable | 41 | €0 | €8,617 | +€8,617 | |
| Cash at bank and in hand | 54/58 | €179,823 | €188,451 | +€8,628 | +4.8% |
| Deferred charges and accrued income | 490/1 | €710 | €639 | -€71 | -10.0% |
| Total equity and liabilities | 10/49 | €184,802 | €208,575 | +€23,773 | +12.9% |
| Equity | 10/15 | €134,140 | €115,756 | -€18,384 | -13.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €133,140 | €114,756 | -€18,384 | -13.8% |
| Distributable reserves | 133 | €133,140 | €114,756 | -€18,384 | -13.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €50,662 | €92,819 | +€42,157 | +83.2% |
| Amounts payable within one year | 42/48 | €48,460 | €90,301 | +€41,841 | +86.3% |
| Trade debts | 44 | €5,623 | €147 | -€5,475 | -97.4% |
| Suppliers | 440/4 | €5,623 | €147 | -€5,475 | -97.4% |
| Taxes, remuneration and social security | 45 | €10,331 | €2,938 | -€7,393 | -71.6% |
| Taxes | 450/3 | €10,331 | €2,938 | -€7,393 | -71.6% |
| Other amounts payable | 47/48 | €32,507 | €87,216 | +€54,709 | +168% |
| Accrued charges and deferred income | 492/3 | €2,202 | €2,519 | +€316 | +14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,758 | +€2,758 | |
| Other operating charges | 640/8 | €985 | €2,438 | +€1,453 | +148% |
| Gross operating margin | 9900 | €27,845 | €47,004 | +€19,158 | +68.8% |
| Operating profit (loss) | 9901 | €26,860 | €41,808 | +€14,947 | +55.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,582 | €2,734 | +€152 | +5.9% |
| Recurring financial charges | 65 | €2,582 | €2,734 | +€152 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | €24,278 | €39,074 | +€14,796 | +60.9% |
| Income taxes | 67/77 | €5,894 | €8,883 | +€2,990 | +50.7% |
| Profit (loss) for the period | 9904 | €18,384 | €30,191 | +€11,806 | +64.2% |
| Profit (loss) for the period to be appropriated | 9905 | €18,384 | €30,191 | +€11,806 | +64.2% |
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 31 October 2026 via checked.be.