GALLERY MAGDY: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
GALLERY MAGDY
Largest movements
- Stocks and contracts +€13,841
up €13,841 (+43.5%), from €31,809 to €45,650
- Receivables within one year +€5,063
up €5,063 (+12.6%), from €40,227 to €45,290
of which Other amounts receivable: +€5,662
- Trade debts +€19,142
up €19,142 (+1,934%), from €990 to €20,132
- Other debts -€4,175
no longer reported in 2025 (was €4,175)
- Profit (loss) carried forward +€2,966
up €2,966 (+21.3%), from €13,937 to €16,903
- Gross operating margin -€2,238
down €2,238 (-34.2%), from €6,544 to €4,306
- Taxes -€511
down €511 (-38.8%), from €1,316 to €805
- Financial charges +€154
up €154 (+77.7%), from €198 to €352
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €72,490 | €91,229 | +€18,739 | +25.9% |
| Formation expenses | 20 | €437 | €187 | -€250 | -57.2% |
| Current assets | 29/58 | €72,053 | €91,042 | +€18,989 | +26.4% |
| Stocks and contracts in progress | 3 | €31,809 | €45,650 | +€13,841 | +43.5% |
| Stocks | 30/36 | €31,809 | €45,650 | +€13,841 | +43.5% |
| Amounts receivable within one year | 40/41 | €40,227 | €45,290 | +€5,063 | +12.6% |
| Trade receivables | 40 | €38,643 | €38,044 | -€599 | -1.5% |
| Other amounts receivable | 41 | €1,584 | €7,246 | +€5,662 | +357% |
| Cash at bank and in hand | 54/58 | €17 | €102 | +€85 | +488% |
| Total equity and liabilities | 10/49 | €72,490 | €91,229 | +€18,739 | +25.9% |
| Equity | 10/15 | €18,937 | €21,903 | +€2,966 | +15.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,937 | €16,903 | +€2,966 | +21.3% |
| Amounts payable | 17/49 | €53,553 | €69,326 | +€15,773 | +29.5% |
| Amounts payable within one year | 42/48 | €53,553 | €69,326 | +€15,773 | +29.5% |
| Trade debts | 44 | €990 | €20,132 | +€19,142 | +1,934% |
| Suppliers | 440/4 | €990 | €20,132 | +€19,142 | +1,934% |
| Advances received on contracts in progress | 46 | €46,033 | €46,033 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,355 | €3,160 | +€805 | +34.2% |
| Taxes | 450/3 | €2,355 | €3,160 | +€805 | +34.2% |
| Other amounts payable | 47/48 | €4,175 | - | -€4,175 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €250 | €250 | = | 0.0% |
| Other operating charges | 640/8 | €400 | €400 | -€0 | -0.1% |
| Gross operating margin | 9900 | €6,544 | €4,306 | -€2,238 | -34.2% |
| Operating profit (loss) | 9901 | €5,894 | €3,656 | -€2,238 | -38.0% |
| Financial income | 75/76B | €484 | €467 | -€17 | -3.6% |
| Recurring financial income | 75 | €484 | €467 | -€17 | -3.6% |
| Financial charges | 65/66B | €198 | €352 | +€154 | +77.7% |
| Recurring financial charges | 65 | €198 | €352 | +€154 | +77.7% |
| Profit (loss) for the period before taxes | 9903 | €6,180 | €3,771 | -€2,409 | -39.0% |
| Income taxes | 67/77 | €1,316 | €805 | -€511 | -38.8% |
| Profit (loss) for the period | 9904 | €4,864 | €2,966 | -€1,898 | -39.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,864 | €2,966 | -€1,898 | -39.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.