Galerij Canada: 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.
Galerij Canada
Largest movements
- Current investments +€150,000
up €150,000 (+20.0%), from €750,000 to €900,000
- Tangible fixed assets -€20,444
down €20,444 (-5.0%), from €405,985 to €385,541
- Cash +€15,836
up €15,836 (+7.9%), from €199,397 to €215,234
mainly Net result for the year (+€128,450) and Other debts (+€66,852)
- Other debts +€66,852
new in 2025: €66,852
- Reserves +€62,450
up €62,450 (+6.5%), from €957,885 to €1.0m
of which Distributable reserves: +€62,450
- Other operating charges -€50,699
down €50,699 (-99.6%), from €50,885 to €186
- Taxes +€28,648
up €28,648 (+91.5%), from €31,295 to €59,943
- Gross operating margin -€9,308
down €9,308 (-4.8%), from €194,252 to €184,943
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 | €1,359,885 | €1,501,632 | +€141,747 | +10.4% |
| Fixed assets | 21/28 | €405,985 | €385,541 | -€20,444 | -5.0% |
| Tangible fixed assets | 22/27 | €405,985 | €385,541 | -€20,444 | -5.0% |
| Land and buildings | 22 | €405,985 | €385,541 | -€20,444 | -5.0% |
| Current assets | 29/58 | €953,900 | €1,116,091 | +€162,191 | +17.0% |
| Amounts receivable within one year | 40/41 | €3,705 | €0 | -€3,705 | -100% |
| Other amounts receivable | 41 | €3,705 | €0 | -€3,705 | -100% |
| Current investments | 50/53 | €750,000 | €900,000 | +€150,000 | +20.0% |
| Cash at bank and in hand | 54/58 | €199,397 | €215,234 | +€15,836 | +7.9% |
| Deferred charges and accrued income | 490/1 | €797 | €857 | +€60 | +7.5% |
| Total equity and liabilities | 10/49 | €1,359,885 | €1,501,632 | +€141,747 | +10.4% |
| Equity | 10/15 | €1,227,885 | €1,290,335 | +€62,450 | +5.1% |
| Contributions | 10/11 | €270,000 | €270,000 | = | 0.0% |
| Capital | 10 | €270,000 | €270,000 | = | 0.0% |
| Issued capital | 100 | €270,000 | €270,000 | = | 0.0% |
| Reserves | 13 | €957,885 | €1,020,335 | +€62,450 | +6.5% |
| Non-distributable reserves | 130/1 | €60,000 | €60,000 | = | 0.0% |
| Legal reserve | 130 | €60,000 | €60,000 | = | 0.0% |
| Distributable reserves | 133 | €897,885 | €960,335 | +€62,450 | +7.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €132,000 | €211,297 | +€79,297 | +60.1% |
| Amounts payable within one year | 42/48 | - | €79,559 | +€79,559 | |
| Taxes, remuneration and social security | 45 | - | €12,708 | +€12,708 | |
| Taxes | 450/3 | - | €12,708 | +€12,708 | |
| Other amounts payable | 47/48 | - | €66,852 | +€66,852 | |
| Accrued charges and deferred income | 492/3 | €132,000 | €131,738 | -€262 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,444 | €20,444 | = | 0.0% |
| Other operating charges | 640/8 | €50,885 | €186 | -€50,699 | -99.6% |
| Gross operating margin | 9900 | €194,252 | €184,943 | -€9,308 | -4.8% |
| Operating profit (loss) | 9901 | €122,922 | €164,313 | +€41,391 | +33.7% |
| Financial income | 75/76B | €22,951 | €24,119 | +€1,168 | +5.1% |
| Recurring financial income | 75 | €22,951 | €24,119 | +€1,168 | +5.1% |
| Financial charges | 65/66B | €38 | €39 | +€2 | +4.0% |
| Recurring financial charges | 65 | €38 | €39 | +€2 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €145,836 | €188,393 | +€42,558 | +29.2% |
| Income taxes | 67/77 | €31,295 | €59,943 | +€28,648 | +91.5% |
| Profit (loss) for the period | 9904 | €114,541 | €128,450 | +€13,909 | +12.1% |
| Profit (loss) for the period to be appropriated | 9905 | €114,541 | €128,450 | +€13,909 | +12.1% |
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 25 October 2026 via checked.be.