IFA 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.
IFA GALLERY
Largest movements
- Cash -€2,954
down €2,954 (-100.0%), from €2,954 to €0
mainly Other debts (-€79,437) and Trade debts (-€5,972)
- Receivables within one year +€2,688
up €2,688 (+9.7%), from €27,589 to €30,277
of which Trade receivables: +€2,194
- Profit (loss) carried forward +€83,269
up €83,269 (+27.6%), from -€301,359 to -€218,090
- Other debts -€79,437
down €79,437 (-24.8%), from €319,903 to €240,466
- Trade debts -€5,972
down €5,972 (-79.0%), from €7,561 to €1,589
- Short-term financial debts +€1,801
new in 2025: €1,801
- Gross operating margin +€41,100
up €41,100 (+98.7%), from €41,634 to €82,734
- Financial income +€2,355
new in 2025: €2,355
- Financial charges +€971
new in 2025: €971
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 | €32,379 | €32,113 | -€266 | -0.8% |
| Current assets | 29/58 | €32,379 | €32,113 | -€266 | -0.8% |
| Stocks and contracts in progress | 3 | €1,836 | €1,836 | = | 0.0% |
| Stocks | 30/36 | €1,836 | €1,836 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €27,589 | €30,277 | +€2,688 | +9.7% |
| Trade receivables | 40 | €27,552 | €29,746 | +€2,194 | +8.0% |
| Other amounts receivable | 41 | €37 | €530 | +€494 | +1348.6% |
| Cash at bank and in hand | 54/58 | €2,954 | €0 | -€2,954 | -100.0% |
| Total equity and liabilities | 10/49 | €32,379 | €32,113 | -€266 | -0.8% |
| Equity | 10/15 | -€295,159 | -€211,890 | +€83,269 | +28.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€301,359 | -€218,090 | +€83,269 | +27.6% |
| Amounts payable | 17/49 | €327,538 | €244,002 | -€83,536 | -25.5% |
| Amounts payable within one year | 42/48 | €327,538 | €244,002 | -€83,536 | -25.5% |
| Financial debts | 43 | - | €1,801 | +€1,801 | |
| Credit institutions | 430/8 | - | €1,801 | +€1,801 | |
| Trade debts | 44 | €7,561 | €1,589 | -€5,972 | -79.0% |
| Suppliers | 440/4 | €7,561 | €1,589 | -€5,972 | -79.0% |
| Taxes, remuneration and social security | 45 | €74 | €147 | +€73 | +97.9% |
| Taxes | 450/3 | €74 | €147 | +€73 | +97.9% |
| Other amounts payable | 47/48 | €319,903 | €240,466 | -€79,437 | -24.8% |
| Other operating charges | 640/8 | €727 | €776 | +€49 | +6.7% |
| Non-recurring operating charges | 66A | €458 | - | -€458 | |
| Gross operating margin | 9900 | €41,634 | €82,734 | +€41,100 | +98.7% |
| Operating profit (loss) | 9901 | €40,448 | €81,958 | +€41,510 | +102.6% |
| Financial income | 75/76B | - | €2,355 | +€2,355 | |
| Recurring financial income | 75 | - | €2,355 | +€2,355 | |
| Financial charges | 65/66B | - | €971 | +€971 | |
| Recurring financial charges | 65 | - | €971 | +€971 | |
| Profit (loss) for the period before taxes | 9903 | €40,448 | €83,342 | +€42,893 | +106.0% |
| Income taxes | 67/77 | €74 | €73 | -€2 | -2.1% |
| Profit (loss) for the period | 9904 | €40,374 | €83,269 | +€42,895 | +106.2% |
| Profit (loss) for the period to be appropriated | 9905 | €40,374 | €83,269 | +€42,895 | +106.2% |
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.