A.C. GALLERY: what changed
Two fiscal 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.
A.C. GALLERY
Largest movements
- Receivables within one year -€22,735
down €22,735 (-11.3%), from €201,706 to €178,971
of which Trade receivables: -€14,415
- Cash +€7,721
up €7,721 (+168.1%), from €4,592 to €12,313
mainly Receivables within one year (+€22,735) and Net result for the year (+€12,460)
- Tangible fixed assets -€6,993
down €6,993 (-2.0%), from €345,255 to €338,262
of which Land and buildings: -€5,103
- Debts after one year -€23,200
down €23,200 (-16.2%), from €142,884 to €119,684
of which Trade debts: -€25,000
- Trade debts -€21,730
down €21,730 (-42.1%), from €51,629 to €29,899
- Profit (loss) carried forward +€12,460
up €12,460 (+27.2%), from €45,826 to €58,286
- Tax, wage and social debts +€8,132
up €8,132 (+106.4%), from €7,643 to €15,775
of which Taxes: +€8,134
- Gross operating margin -€9,374
down €9,374 (-22.8%), from €41,171 to €31,797
- Taxes -€2,232
down €2,232 (-36.6%), from €6,107 to €3,875
- Financial income +€1,400
up €1,400 (+14.0%), from €10,019 to €11,419
- Staff costs +€640
up €640 (+6.4%), from €10,052 to €10,692
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.
Cash bridge derived
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 | €586,728 | €564,571 | -€22,157 | -3.8% |
| Fixed assets | 21/28 | €345,460 | €338,467 | -€6,993 | -2.0% |
| Tangible fixed assets | 22/27 | €345,255 | €338,262 | -€6,993 | -2.0% |
| Land and buildings | 22 | €325,382 | €320,279 | -€5,103 | -1.6% |
| Plant, machinery and equipment | 23 | €19,668 | €15,067 | -€4,601 | -23.4% |
| Furniture and vehicles | 24 | €205 | €2,916 | +€2,711 | +1320.4% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €241,268 | €226,105 | -€15,164 | -6.3% |
| Stocks and contracts in progress | 3 | €32,293 | €32,380 | +€87 | +0.3% |
| Stocks | 30/36 | €32,293 | €32,380 | +€87 | +0.3% |
| Amounts receivable within one year | 40/41 | €201,706 | €178,971 | -€22,735 | -11.3% |
| Trade receivables | 40 | €19,753 | €5,338 | -€14,415 | -73.0% |
| Other amounts receivable | 41 | €181,953 | €173,633 | -€8,320 | -4.6% |
| Cash at bank and in hand | 54/58 | €4,592 | €12,313 | +€7,721 | +168.1% |
| Deferred charges and accrued income | 490/1 | €2,678 | €2,441 | -€237 | -8.8% |
| Total equity and liabilities | 10/49 | €586,728 | €564,571 | -€22,157 | -3.8% |
| Equity | 10/15 | €373,460 | €385,920 | +€12,460 | +3.3% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Revaluation surpluses | 12 | €293,839 | €293,839 | = | 0.0% |
| Reserves | 13 | €2,795 | €2,795 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,020 | €2,020 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,020 | €2,020 | = | 0.0% |
| Distributable reserves | 133 | €775 | €775 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,826 | €58,286 | +€12,460 | +27.2% |
| Amounts payable | 17/49 | €213,268 | €178,652 | -€34,616 | -16.2% |
| Amounts payable after more than one year | 17 | €142,884 | €119,684 | -€23,200 | -16.2% |
| Financial debts | 170/4 | €49,924 | €49,924 | = | 0.0% |
| Trade debts | 175 | €92,961 | €67,961 | -€25,000 | -26.9% |
| Other amounts payable | 178/9 | - | €1,800 | +€1,800 | |
| Amounts payable within one year | 42/48 | €70,384 | €58,015 | -€12,368 | -17.6% |
| Financial debts | 43 | €11,111 | €12,342 | +€1,231 | +11.1% |
| Credit institutions | 430/8 | €11,111 | €12,342 | +€1,231 | +11.1% |
| Trade debts | 44 | €51,629 | €29,899 | -€21,730 | -42.1% |
| Suppliers | 440/4 | €51,629 | €29,899 | -€21,730 | -42.1% |
| Taxes, remuneration and social security | 45 | €7,643 | €15,775 | +€8,132 | +106.4% |
| Taxes | 450/3 | €7,641 | €15,775 | +€8,134 | +106.5% |
| Remuneration and social security | 454/9 | €2 | - | -€2 | |
| Accrued charges and deferred income | 492/3 | - | €952 | +€952 | |
| Non-recurring operating income | 76A | - | €2 | +€2 | |
| Remuneration, social security and pensions | 62 | €10,052 | €10,692 | +€640 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,790 | €9,818 | +€28 | +0.3% |
| Other operating charges | 640/8 | €3,492 | €3,838 | +€347 | +9.9% |
| Non-recurring operating charges | 66A | €702 | €240 | -€462 | -65.8% |
| Gross operating margin | 9900 | €41,171 | €31,797 | -€9,374 | -22.8% |
| Operating profit (loss) | 9901 | €17,135 | €7,209 | -€9,926 | -57.9% |
| Financial income | 75/76B | €10,019 | €11,419 | +€1,400 | +14.0% |
| Recurring financial income | 75 | €10,019 | €11,419 | +€1,400 | +14.0% |
| Financial charges | 65/66B | €2,097 | €2,293 | +€196 | +9.3% |
| Recurring financial charges | 65 | €2,097 | €2,293 | +€196 | +9.3% |
| Profit (loss) for the period before taxes | 9903 | €25,057 | €16,335 | -€8,722 | -34.8% |
| Income taxes | 67/77 | €6,107 | €3,875 | -€2,232 | -36.6% |
| Profit (loss) for the period | 9904 | €18,950 | €12,460 | -€6,490 | -34.2% |
| Profit (loss) for the period to be appropriated | 9905 | €18,950 | €12,460 | -€6,490 | -34.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.