Les Galeries: 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.
Les Galeries
Largest movements
- Current investments +€50,000
up €50,000 (+12.5%), from €400,000 to €450,000
- Profit (loss) carried forward +€90,310
up €90,310 (+11.7%), from €769,364 to €859,674
- Tax, wage and social debts -€20,060
down €20,060 (-32.9%), from €60,885 to €40,826
of which Taxes: -€13,535
- Gross operating margin -€80,641
down €80,641 (-31.5%), from €255,630 to €174,990
- Taxes -€15,582
down €15,582 (-30.6%), from €50,864 to €35,282
- Financial income +€13,031
up €13,031 (+2260.3%), from €577 to €13,607
- Staff costs -€9,138
down €9,138 (-26.6%), from €34,345 to €25,207
- Depreciation +€5,161
up €5,161 (+24.8%), from €20,837 to €25,998
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 | €866,718 | €926,902 | +€60,184 | +6.9% |
| Fixed assets | 21/28 | €380,047 | €389,147 | +€9,100 | +2.4% |
| Tangible fixed assets | 22/27 | €280,047 | €289,147 | +€9,100 | +3.2% |
| Land and buildings | 22 | €280,047 | €257,799 | -€22,248 | -7.9% |
| Furniture and vehicles | 24 | - | €31,348 | +€31,348 | |
| Financial fixed assets | 28 | €100,000 | €100,000 | = | 0.0% |
| Current assets | 29/58 | €486,671 | €537,755 | +€51,084 | +10.5% |
| Amounts receivable within one year | 40/41 | €130 | €396 | +€266 | +204.9% |
| Trade receivables | 40 | - | €266 | +€266 | |
| Other amounts receivable | 41 | €130 | €130 | = | 0.0% |
| Current investments | 50/53 | €400,000 | €450,000 | +€50,000 | +12.5% |
| Cash at bank and in hand | 54/58 | €83,893 | €82,972 | -€920 | -1.1% |
| Deferred charges and accrued income | 490/1 | €2,648 | €4,386 | +€1,738 | +65.6% |
| Total equity and liabilities | 10/49 | €866,718 | €926,902 | +€60,184 | +6.9% |
| Equity | 10/15 | €789,816 | €880,125 | +€90,310 | +11.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €769,364 | €859,674 | +€90,310 | +11.7% |
| Amounts payable | 17/49 | €76,903 | €46,777 | -€30,126 | -39.2% |
| Amounts payable after more than one year | 17 | €5,250 | - | -€5,250 | |
| Financial debts | 170/4 | €5,250 | - | -€5,250 | |
| Amounts payable within one year | 42/48 | €71,653 | €46,777 | -€24,876 | -34.7% |
| Current portion of amounts payable after more than one year | 42 | €9,000 | €5,250 | -€3,750 | -41.7% |
| Trade debts | 44 | €1,580 | €514 | -€1,066 | -67.5% |
| Suppliers | 440/4 | €1,580 | €514 | -€1,066 | -67.5% |
| Taxes, remuneration and social security | 45 | €60,885 | €40,826 | -€20,060 | -32.9% |
| Taxes | 450/3 | €54,088 | €40,553 | -€13,535 | -25.0% |
| Remuneration and social security | 454/9 | €6,797 | €272 | -€6,525 | -96.0% |
| Other amounts payable | 47/48 | €187 | €187 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €34,345 | €25,207 | -€9,138 | -26.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,837 | €25,998 | +€5,161 | +24.8% |
| Other operating charges | 640/8 | €10,281 | €11,057 | +€776 | +7.5% |
| Gross operating margin | 9900 | €255,630 | €174,990 | -€80,641 | -31.5% |
| Operating profit (loss) | 9901 | €190,167 | €112,728 | -€77,439 | -40.7% |
| Financial income | 75/76B | €577 | €13,607 | +€13,031 | +2260.3% |
| Recurring financial income | 75 | €577 | €13,607 | +€13,031 | +2260.3% |
| Financial charges | 65/66B | €1,071 | €744 | -€327 | -30.5% |
| Recurring financial charges | 65 | €1,071 | €744 | -€327 | -30.5% |
| Profit (loss) for the period before taxes | 9903 | €189,673 | €125,591 | -€64,081 | -33.8% |
| Income taxes | 67/77 | €50,864 | €35,282 | -€15,582 | -30.6% |
| Profit (loss) for the period | 9904 | €138,809 | €90,310 | -€48,500 | -34.9% |
| Profit (loss) for the period to be appropriated | 9905 | €138,809 | €90,310 | -€48,500 | -34.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.