TRANSPORT GALELI: 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.
TRANSPORT GALELI
Largest movements
- Tangible fixed assets +€215,026
up €215,026 (+158%), from €135,818 to €350,845
of which Land and buildings: +€190,658
- Other debts +€184,956
up €184,956 (+3,057%), from €6,050 to €191,006
- Debts after one year +€20,016
up €20,016 (+37.1%), from €53,912 to €73,928
- Trade debts -€13,115
down €13,115 (-48.7%), from €26,921 to €13,806
- Current portion of long-term debt +€10,619
up €10,619 (+23.9%), from €44,435 to €55,054
- Short-term financial debts +€6,165
up €6,165 (+121%), from €5,097 to €11,262
- Gross operating margin +€66,731
up €66,731 (+45.7%), from €145,883 to €212,614
- Staff costs +€41,728
up €41,728 (+46.5%), from €89,829 to €131,558
- Financial charges +€4,800
up €4,800 (+59.7%), from €8,035 to €12,835
- Other operating charges +€4,786
up €4,786 (+29.4%), from €16,303 to €21,089
- Depreciation +€3,333
up €3,333 (+8.3%), from €39,922 to €43,255
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €225,668 | €441,151 | +€215,483 | +95.5% |
| Fixed assets | 21/28 | €146,973 | €362,800 | +€215,826 | +147% |
| Tangible fixed assets | 22/27 | €135,818 | €350,845 | +€215,026 | +158% |
| Land and buildings | 22 | - | €190,658 | +€190,658 | |
| Furniture and vehicles | 24 | €135,818 | €158,186 | +€22,368 | +16.5% |
| Other tangible fixed assets | 26 | - | €2,001 | +€2,001 | |
| Financial fixed assets | 28 | €11,155 | €11,955 | +€800 | +7.2% |
| Current assets | 29/58 | €78,694 | €78,351 | -€343 | -0.4% |
| Amounts receivable within one year | 40/41 | €77,173 | €75,448 | -€1,725 | -2.2% |
| Trade receivables | 40 | €62,173 | €60,440 | -€1,733 | -2.8% |
| Other amounts receivable | 41 | €15,000 | €15,008 | +€8 | +0.1% |
| Deferred charges and accrued income | 490/1 | €1,521 | €2,903 | +€1,382 | +90.8% |
| Total equity and liabilities | 10/49 | €225,668 | €441,151 | +€215,483 | +95.5% |
| Equity | 10/15 | €80,975 | €84,347 | +€3,372 | +4.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,975 | €62,347 | +€3,372 | +5.7% |
| Amounts payable | 17/49 | €144,692 | €356,804 | +€212,111 | +147% |
| Amounts payable after more than one year | 17 | €53,912 | €73,928 | +€20,016 | +37.1% |
| Financial debts | 170/4 | €53,912 | €73,928 | +€20,016 | +37.1% |
| Amounts payable within one year | 42/48 | €90,780 | €282,876 | +€192,095 | +212% |
| Current portion of amounts payable after more than one year | 42 | €44,435 | €55,054 | +€10,619 | +23.9% |
| Financial debts | 43 | €5,097 | €11,262 | +€6,165 | +121% |
| Credit institutions | 430/8 | €5,097 | €11,262 | +€6,165 | +121% |
| Trade debts | 44 | €26,921 | €13,806 | -€13,115 | -48.7% |
| Suppliers | 440/4 | €26,921 | €13,806 | -€13,115 | -48.7% |
| Taxes, remuneration and social security | 45 | €8,278 | €11,749 | +€3,470 | +41.9% |
| Taxes | 450/3 | €5,783 | €3,501 | -€2,283 | -39.5% |
| Remuneration and social security | 454/9 | €2,495 | €8,248 | +€5,753 | +231% |
| Other amounts payable | 47/48 | €6,050 | €191,006 | +€184,956 | +3,057% |
| Remuneration, social security and pensions | 62 | €89,829 | €131,558 | +€41,728 | +46.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,922 | €43,255 | +€3,333 | +8.3% |
| Other operating charges | 640/8 | €16,303 | €21,089 | +€4,786 | +29.4% |
| Gross operating margin | 9900 | €145,883 | €212,614 | +€66,731 | +45.7% |
| Operating profit (loss) | 9901 | -€172 | €16,712 | +€16,884 | |
| Financial income | 75/76B | €160 | €31 | -€129 | -80.5% |
| Recurring financial income | 75 | €160 | €31 | -€129 | -80.5% |
| Financial charges | 65/66B | €8,035 | €12,835 | +€4,800 | +59.7% |
| Recurring financial charges | 65 | €8,035 | €12,835 | +€4,800 | +59.7% |
| Profit (loss) for the period before taxes | 9903 | -€8,046 | €3,909 | +€11,955 | |
| Income taxes | 67/77 | €989 | €537 | -€452 | -45.7% |
| Profit (loss) for the period | 9904 | -€9,035 | €3,372 | +€12,407 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,035 | €3,372 | +€12,407 |
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 25 October 2026 via checked.be.