GALLERYK7: 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.
GALLERYK7
Largest movements
- Stocks and contracts +€69,058
up €69,058 (+36.4%), from €189,776 to €258,834
- Tangible fixed assets +€64,758
up €64,758 (+138.5%), from €46,753 to €111,511
of which Other tangible fixed assets: +€100,361
- Cash +€8,235
up €8,235 (+11.1%), from €74,047 to €82,282
mainly Net result for the year (+€154,381) and Tax, wage and social debts (+€47,549)
- Receivables within one year -€8,178
down €8,178 (-77.5%), from €10,551 to €2,373
of which Trade receivables: -€10,181
- Reserves +€250,775
up €250,775 (+296.0%), from €84,719 to €335,494
of which Distributable reserves: +€252,635
- Profit (loss) carried forward -€96,393
down €96,393 (-100.0%), from €96,393 to €0
- Trade debts -€63,673
down €63,673 (-99.2%), from €64,214 to €541
- Tax, wage and social debts +€47,549
new in 2025: €47,549
of which Taxes: +€42,159
- Other debts -€5,992
down €5,992 (-10.4%), from €57,496 to €51,504
- Gross operating margin +€188,737
up €188,737 (+286.8%), from €65,814 to €254,551
- Taxes +€39,905
up €39,905 (+307.2%), from €12,992 to €52,897
- Staff costs +€32,182
new in 2025: €32,182
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 | €321,127 | €455,720 | +€134,593 | +41.9% |
| Fixed assets | 21/28 | €46,753 | €111,511 | +€64,758 | +138.5% |
| Tangible fixed assets | 22/27 | €46,753 | €111,511 | +€64,758 | +138.5% |
| Land and buildings | 22 | - | €0 | = | |
| Plant, machinery and equipment | 23 | €40,408 | €10,687 | -€29,721 | -73.6% |
| Furniture and vehicles | 24 | €6,345 | €463 | -€5,882 | -92.7% |
| Other tangible fixed assets | 26 | - | €100,361 | +€100,361 | |
| Current assets | 29/58 | €274,374 | €344,209 | +€69,835 | +25.5% |
| Stocks and contracts in progress | 3 | €189,776 | €258,834 | +€69,058 | +36.4% |
| Stocks | 30/36 | €189,776 | €258,834 | +€69,058 | +36.4% |
| Amounts receivable within one year | 40/41 | €10,551 | €2,373 | -€8,178 | -77.5% |
| Trade receivables | 40 | €10,181 | €0 | -€10,181 | -100.0% |
| Other amounts receivable | 41 | €370 | €2,373 | +€2,003 | +541.2% |
| Cash at bank and in hand | 54/58 | €74,047 | €82,282 | +€8,235 | +11.1% |
| Deferred charges and accrued income | 490/1 | - | €720 | +€720 | |
| Total equity and liabilities | 10/49 | €321,127 | €455,720 | +€134,593 | +41.9% |
| Equity | 10/15 | €193,512 | €347,894 | +€154,382 | +79.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €84,719 | €335,494 | +€250,775 | +296.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Tax-exempt reserves | 132 | €9,600 | €9,600 | = | 0.0% |
| Distributable reserves | 133 | €73,259 | €325,894 | +€252,635 | +344.9% |
| Profit (loss) carried forward | 14 | €96,393 | €0 | -€96,393 | -100.0% |
| Amounts payable | 17/49 | €127,615 | €107,826 | -€19,789 | -15.5% |
| Amounts payable after more than one year | 17 | - | €405 | +€405 | |
| Financial debts | 170/4 | - | €405 | +€405 | |
| Amounts payable within one year | 42/48 | €127,615 | €107,421 | -€20,194 | -15.8% |
| Current portion of amounts payable after more than one year | 42 | €5,905 | €6,256 | +€351 | +5.9% |
| Financial debts | 43 | - | €1,573 | +€1,573 | |
| Other loans | 439 | - | €1,573 | +€1,573 | |
| Trade debts | 44 | €64,214 | €541 | -€63,673 | -99.2% |
| Suppliers | 440/4 | €64,214 | €541 | -€63,673 | -99.2% |
| Taxes, remuneration and social security | 45 | - | €47,549 | +€47,549 | |
| Taxes | 450/3 | - | €42,159 | +€42,159 | |
| Remuneration and social security | 454/9 | - | €5,389 | +€5,389 | |
| Other amounts payable | 47/48 | €57,496 | €51,504 | -€5,992 | -10.4% |
| Remuneration, social security and pensions | 62 | - | €32,182 | +€32,182 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,333 | €13,666 | +€2,333 | +20.6% |
| Other operating charges | 640/8 | €1,065 | €561 | -€504 | -47.3% |
| Gross operating margin | 9900 | €65,814 | €254,551 | +€188,737 | +286.8% |
| Operating profit (loss) | 9901 | €53,416 | €208,142 | +€154,726 | +289.7% |
| Financial income | 75/76B | €117 | €9 | -€108 | -92.1% |
| Recurring financial income | 75 | €117 | €9 | -€108 | -92.1% |
| Financial charges | 65/66B | €1,603 | €872 | -€731 | -45.6% |
| Recurring financial charges | 65 | €1,603 | €872 | -€731 | -45.6% |
| Profit (loss) for the period before taxes | 9903 | €51,930 | €207,279 | +€155,349 | +299.2% |
| Income taxes | 67/77 | €12,992 | €52,897 | +€39,905 | +307.2% |
| Profit (loss) for the period | 9904 | €38,938 | €154,381 | +€115,443 | +296.5% |
| Profit (loss) for the period to be appropriated | 9905 | €38,938 | €154,381 | +€115,443 | +296.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.