Cafmeyer Gallery: 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.
Cafmeyer Gallery
Largest movements
- Tangible fixed assets -€53,525
down €53,525 (-4.3%), from €1.3m to €1.2m
of which Land and buildings: -€29,690
- Cash -€47,173
down €47,173 (-81.5%), from €57,856 to €10,683
mainly Debts after one year (-€75,016) and Other debts (-€36,474)
- Receivables within one year -€17,960
down €17,960 (-48.3%), from €37,147 to €19,187
of which Trade receivables: -€26,500
- Debts after one year -€75,016
down €75,016 (-8.6%), from €874,147 to €799,131
- Other debts -€36,474
down €36,474 (-8.1%), from €449,212 to €412,737
- Short-term financial debts -€25,000
down €25,000 (-25.0%), from €100,000 to €75,000
- Reserves +€21,163
up €21,163 (+12.7%), from €166,446 to €187,609
- Profit (loss) carried forward +€19,471
up €19,471, from -€19,471 to €0
- Gross operating margin +€86,291
up €86,291 (+136.1%), from €63,402 to €149,693
- Financial charges -€8,598
down €8,598 (-28.9%), from €29,786 to €21,187
- Taxes +€2,072
up €2,072 (+532.6%), from €389 to €2,461
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 | €1,701,971 | €1,590,950 | -€111,021 | -6.5% |
| Fixed assets | 21/28 | €1,253,502 | €1,199,977 | -€53,525 | -4.3% |
| Tangible fixed assets | 22/27 | €1,250,502 | €1,196,977 | -€53,525 | -4.3% |
| Land and buildings | 22 | €1,195,471 | €1,165,781 | -€29,690 | -2.5% |
| Plant, machinery and equipment | 23 | €8,575 | €6,326 | -€2,249 | -26.2% |
| Furniture and vehicles | 24 | €1,384 | €1,110 | -€274 | -19.8% |
| Leasing and similar rights | 25 | €45,072 | €23,759 | -€21,313 | -47.3% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €448,469 | €390,973 | -€57,496 | -12.8% |
| Stocks and contracts in progress | 3 | €347,139 | €357,692 | +€10,553 | +3.0% |
| Stocks | 30/36 | €347,139 | €357,692 | +€10,553 | +3.0% |
| Amounts receivable within one year | 40/41 | €37,147 | €19,187 | -€17,960 | -48.3% |
| Trade receivables | 40 | €31,500 | €5,000 | -€26,500 | -84.1% |
| Other amounts receivable | 41 | €5,647 | €14,187 | +€8,540 | +151.2% |
| Cash at bank and in hand | 54/58 | €57,856 | €10,683 | -€47,173 | -81.5% |
| Deferred charges and accrued income | 490/1 | €6,327 | €3,411 | -€2,915 | -46.1% |
| Total equity and liabilities | 10/49 | €1,701,971 | €1,590,950 | -€111,021 | -6.5% |
| Equity | 10/15 | €166,975 | €207,609 | +€40,634 | +24.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €166,446 | €187,609 | +€21,163 | +12.7% |
| Distributable reserves | 133 | €166,446 | €187,609 | +€21,163 | +12.7% |
| Profit (loss) carried forward | 14 | -€19,471 | €0 | +€19,471 | |
| Amounts payable | 17/49 | €1,534,996 | €1,383,341 | -€151,655 | -9.9% |
| Amounts payable after more than one year | 17 | €874,147 | €799,131 | -€75,016 | -8.6% |
| Financial debts | 170/4 | €874,147 | €799,131 | -€75,016 | -8.6% |
| Amounts payable within one year | 42/48 | €660,849 | €584,210 | -€76,639 | -11.6% |
| Current portion of amounts payable after more than one year | 42 | €73,834 | €75,016 | +€1,181 | +1.6% |
| Financial debts | 43 | €100,000 | €75,000 | -€25,000 | -25.0% |
| Credit institutions | 430/8 | €100,000 | €75,000 | -€25,000 | -25.0% |
| Trade debts | 44 | €27,877 | €8,591 | -€19,286 | -69.2% |
| Suppliers | 440/4 | €27,877 | €8,591 | -€19,286 | -69.2% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €9,926 | €12,866 | +€2,940 | +29.6% |
| Taxes | 450/3 | €9,904 | €12,807 | +€2,904 | +29.3% |
| Remuneration and social security | 454/9 | €22 | €58 | +€36 | +165.2% |
| Other amounts payable | 47/48 | €449,212 | €412,737 | -€36,474 | -8.1% |
| Remuneration, social security and pensions | 62 | €1,904 | €1,937 | +€33 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,606 | €75,025 | +€1,419 | +1.9% |
| Other operating charges | 640/8 | €8,248 | €8,449 | +€201 | +2.4% |
| Gross operating margin | 9900 | €63,402 | €149,693 | +€86,291 | +136.1% |
| Operating profit (loss) | 9901 | -€20,356 | €64,282 | +€84,638 | |
| Financial income | 75/76B | €4 | €0 | -€4 | -99.5% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -99.5% |
| Financial charges | 65/66B | €29,786 | €21,187 | -€8,598 | -28.9% |
| Recurring financial charges | 65 | €29,786 | €21,187 | -€8,598 | -28.9% |
| Profit (loss) for the period before taxes | 9903 | -€50,137 | €43,095 | +€93,232 | |
| Income taxes | 67/77 | €389 | €2,461 | +€2,072 | +532.6% |
| Profit (loss) for the period | 9904 | -€50,526 | €40,634 | +€91,160 | |
| Profit (loss) for the period to be appropriated | 9905 | -€50,526 | €40,634 | +€91,160 |
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 11 October 2026 via checked.be.