PATRICK GALLAND SRL: 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.
PATRICK GALLAND SRL
Largest movements
- Stocks and contracts +€48,786
up €48,786 (+17.3%), from €281,536 to €330,322
- Tangible fixed assets -€31,245
down €31,245 (-9.5%), from €330,154 to €298,909
of which Furniture and vehicles: -€19,449
- Cash +€21,897
up €21,897 (+18.9%), from €116,061 to €137,958
mainly Net result for the year (+€137,866) and Depreciation (+€19,749)
- Receivables within one year +€15,013
up €15,013 (+129%), from €11,627 to €26,641
of which Trade receivables: +€21,394
- Reserves +€137,866
up €137,866 (+29.3%), from €470,792 to €608,657
- Other debts -€39,698
down €39,698 (-44.2%), from €89,729 to €50,030
- Trade debts -€27,345
down €27,345 (-62.3%), from €43,898 to €16,552
- Debts after one year -€19,102
down €19,102 (-8.7%), from €220,521 to €201,419
- Tax, wage and social debts +€13,329
up €13,329 (+38.8%), from €34,336 to €47,665
of which Taxes: +€12,196
- Gross operating margin +€16,879
up €16,879 (+8.3%), from €202,732 to €219,611
- Taxes +€10,432
up €10,432 (+29.3%), from €35,656 to €46,088
- Staff costs +€7,900
new in 2025: €7,900
- Depreciation -€7,569
down €7,569 (-27.7%), from €27,318 to €19,749
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 | €890,716 | €948,245 | +€57,528 | +6.5% |
| Fixed assets | 21/28 | €330,154 | €298,909 | -€31,245 | -9.5% |
| Tangible fixed assets | 22/27 | €330,154 | €298,909 | -€31,245 | -9.5% |
| Land and buildings | 22 | €288,304 | €276,666 | -€11,638 | -4.0% |
| Plant, machinery and equipment | 23 | €1,603 | €1,445 | -€158 | -9.9% |
| Furniture and vehicles | 24 | €40,247 | €20,798 | -€19,449 | -48.3% |
| Current assets | 29/58 | €560,563 | €649,336 | +€88,774 | +15.8% |
| Stocks and contracts in progress | 3 | €281,536 | €330,322 | +€48,786 | +17.3% |
| Stocks | 30/36 | €281,536 | €330,322 | +€48,786 | +17.3% |
| Amounts receivable within one year | 40/41 | €11,627 | €26,641 | +€15,013 | +129% |
| Trade receivables | 40 | €208 | €21,601 | +€21,394 | +10,309% |
| Other amounts receivable | 41 | €11,420 | €5,040 | -€6,380 | -55.9% |
| Current investments | 50/53 | €149,836 | €149,836 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €116,061 | €137,958 | +€21,897 | +18.9% |
| Deferred charges and accrued income | 490/1 | €1,503 | €4,580 | +€3,077 | +205% |
| Total equity and liabilities | 10/49 | €890,716 | €948,245 | +€57,528 | +6.5% |
| Equity | 10/15 | €472,792 | €610,657 | +€137,866 | +29.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €470,792 | €608,657 | +€137,866 | +29.3% |
| Distributable reserves | 133 | €470,792 | €608,657 | +€137,866 | +29.3% |
| Amounts payable | 17/49 | €417,925 | €337,588 | -€80,337 | -19.2% |
| Amounts payable after more than one year | 17 | €220,521 | €201,419 | -€19,102 | -8.7% |
| Financial debts | 170/4 | €220,521 | €201,419 | -€19,102 | -8.7% |
| Amounts payable within one year | 42/48 | €197,391 | €136,168 | -€61,223 | -31.0% |
| Current portion of amounts payable after more than one year | 42 | €28,429 | €20,421 | -€8,008 | -28.2% |
| Trade debts | 44 | €43,898 | €16,552 | -€27,345 | -62.3% |
| Suppliers | 440/4 | €43,898 | €16,552 | -€27,345 | -62.3% |
| Advances received on contracts in progress | 46 | €1,000 | €1,500 | +€500 | +50.0% |
| Taxes, remuneration and social security | 45 | €34,336 | €47,665 | +€13,329 | +38.8% |
| Taxes | 450/3 | €34,336 | €46,532 | +€12,196 | +35.5% |
| Remuneration and social security | 454/9 | - | €1,133 | +€1,133 | |
| Other amounts payable | 47/48 | €89,729 | €50,030 | -€39,698 | -44.2% |
| Accrued charges and deferred income | 492/3 | €13 | - | -€13 | |
| Non-recurring operating income | 76A | - | €8,651 | +€8,651 | |
| Remuneration, social security and pensions | 62 | - | €7,900 | +€7,900 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,318 | €19,749 | -€7,569 | -27.7% |
| Other operating charges | 640/8 | €1,327 | €1,561 | +€235 | +17.7% |
| Non-recurring operating charges | 66A | €831 | €1,000 | +€169 | +20.3% |
| Gross operating margin | 9900 | €202,732 | €219,611 | +€16,879 | +8.3% |
| Operating profit (loss) | 9901 | €173,256 | €189,402 | +€16,145 | +9.3% |
| Financial income | 75/76B | €5,008 | €4,260 | -€748 | -14.9% |
| Recurring financial income | 75 | €5,008 | €4,260 | -€748 | -14.9% |
| Financial charges | 65/66B | €10,195 | €9,707 | -€488 | -4.8% |
| Recurring financial charges | 65 | €10,195 | €9,707 | -€488 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €168,069 | €183,954 | +€15,885 | +9.5% |
| Income taxes | 67/77 | €35,656 | €46,088 | +€10,432 | +29.3% |
| Profit (loss) for the period | 9904 | €132,413 | €137,866 | +€5,453 | +4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €132,413 | €137,866 | +€5,453 | +4.1% |
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 22 October 2026 via checked.be.