LE GALOPANT: 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.
LE GALOPANT
Largest movements
- Tangible fixed assets -€32,292
down €32,292 (-23.2%), from €138,980 to €106,689
of which Land and buildings: -€20,385
- Receivables within one year -€5,031
down €5,031 (-75.2%), from €6,688 to €1,657
of which Trade receivables: -€4,250
- Deferred charges and accrued income +€1,903
up €1,903 (+64.7%), from €2,942 to €4,844
- Profit (loss) carried forward -€23,833
down €23,833, from €18,012 to -€5,821
- Other debts -€15,530
down €15,530 (-34.9%), from €44,464 to €28,934
- Trade debts +€7,250
up €7,250 (+1,411%), from €514 to €7,764
- Tax, wage and social debts -€3,712
down €3,712 (-95.3%), from €3,895 to €183
- Gross operating margin -€42,419
down €42,419 (-67.9%), from €62,477 to €20,058
- Other operating charges -€3,393
down €3,393 (-44.2%), from €7,681 to €4,287
- Taxes -€3,016
down €3,016 (-94.3%), from €3,199 to €183
- Depreciation -€697
down €697 (-2.1%), from €33,763 to €33,066
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 | €164,260 | €128,435 | -€35,825 | -21.8% |
| Fixed assets | 21/28 | €138,980 | €106,689 | -€32,292 | -23.2% |
| Tangible fixed assets | 22/27 | €138,980 | €106,689 | -€32,292 | -23.2% |
| Land and buildings | 22 | €64,096 | €43,711 | -€20,385 | -31.8% |
| Plant, machinery and equipment | 23 | €9,141 | €9,682 | +€541 | +5.9% |
| Furniture and vehicles | 24 | €65,743 | €53,295 | -€12,448 | -18.9% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €25,279 | €21,746 | -€3,533 | -14.0% |
| Amounts receivable within one year | 40/41 | €6,688 | €1,657 | -€5,031 | -75.2% |
| Trade receivables | 40 | €5,773 | €1,523 | -€4,250 | -73.6% |
| Other amounts receivable | 41 | €915 | €134 | -€781 | -85.4% |
| Cash at bank and in hand | 54/58 | €15,650 | €15,245 | -€405 | -2.6% |
| Deferred charges and accrued income | 490/1 | €2,942 | €4,844 | +€1,903 | +64.7% |
| Total equity and liabilities | 10/49 | €164,260 | €128,435 | -€35,825 | -21.8% |
| Equity | 10/15 | €115,387 | €91,554 | -€23,833 | -20.7% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €32,375 | €32,375 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,539 | €2,539 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,539 | €2,539 | = | 0.0% |
| Distributable reserves | 133 | €29,836 | €29,836 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,012 | -€5,821 | -€23,833 | |
| Amounts payable | 17/49 | €48,873 | €36,881 | -€11,992 | -24.5% |
| Amounts payable within one year | 42/48 | €48,873 | €36,881 | -€11,992 | -24.5% |
| Trade debts | 44 | €514 | €7,764 | +€7,250 | +1,411% |
| Suppliers | 440/4 | €514 | €7,764 | +€7,250 | +1,411% |
| Taxes, remuneration and social security | 45 | €3,895 | €183 | -€3,712 | -95.3% |
| Taxes | 450/3 | €3,895 | €183 | -€3,712 | -95.3% |
| Other amounts payable | 47/48 | €44,464 | €28,934 | -€15,530 | -34.9% |
| Non-recurring operating income | 76A | €30,000 | - | -€30,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,763 | €33,066 | -€697 | -2.1% |
| Other operating charges | 640/8 | €7,681 | €4,287 | -€3,393 | -44.2% |
| Non-recurring operating charges | 66A | - | €6,261 | +€6,261 | |
| Gross operating margin | 9900 | €62,477 | €20,058 | -€42,419 | -67.9% |
| Operating profit (loss) | 9901 | €21,034 | -€23,556 | -€44,590 | |
| Financial income | 75/76B | €7 | €8 | +€1 | +12.6% |
| Recurring financial income | 75 | €7 | €8 | +€1 | +12.6% |
| Financial charges | 65/66B | €96 | €102 | +€6 | +6.5% |
| Recurring financial charges | 65 | €96 | €102 | +€6 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | €20,945 | -€23,650 | -€44,596 | |
| Income taxes | 67/77 | €3,199 | €183 | -€3,016 | -94.3% |
| Profit (loss) for the period | 9904 | €17,746 | -€23,833 | -€41,579 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,746 | -€23,833 | -€41,579 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.