NEW ART GALLERY: what changed
NEW ART GALLERY
Largest movements
- Tangible fixed assets -€8,999
down €8,999 (-15.2%), from €59,168 to €50,169
of which Land and buildings: -€7,456
- Cash -€766
down €766 (-71.6%), from €1,070 to €304
mainly Net result for the year (-€10,511) and Other debts (-€6,745)
- Profit (loss) carried forward -€10,511
down €10,511 (-6.3%), from -€165,863 to -€176,374
- Trade debts +€7,515
up €7,515 (+432%), from €1,738 to €9,252
- Other debts -€6,745
down €6,745 (-4.2%), from €162,235 to €155,490
- Depreciation -€1,113
down €1,113 (-11.0%), from €10,112 to €8,999
- Gross operating margin -€419
down €419 (-77.3%), from -€542 to -€961
- Other operating charges -€177
down €177 (-26.1%), from €676 to €500
- Financial charges +€11
up €11 (+28.0%), from €40 to €51
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 | €60,238 | €50,474 | -€9,765 | -16.2% |
| Fixed assets | 21/28 | €59,168 | €50,169 | -€8,999 | -15.2% |
| Tangible fixed assets | 22/27 | €59,168 | €50,169 | -€8,999 | -15.2% |
| Land and buildings | 22 | €45,354 | €37,898 | -€7,456 | -16.4% |
| Plant, machinery and equipment | 23 | €12,271 | €12,271 | = | 0.0% |
| Furniture and vehicles | 24 | €1,543 | - | -€1,543 | |
| Current assets | 29/58 | €1,070 | €304 | -€766 | -71.6% |
| Cash at bank and in hand | 54/58 | €1,070 | €304 | -€766 | -71.6% |
| Total equity and liabilities | 10/49 | €60,238 | €50,474 | -€9,765 | -16.2% |
| Equity | 10/15 | -€103,863 | -€114,374 | -€10,511 | -10.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€165,863 | -€176,374 | -€10,511 | -6.3% |
| Amounts payable | 17/49 | €164,102 | €164,848 | +€746 | +0.5% |
| Amounts payable within one year | 42/48 | €164,102 | €164,848 | +€746 | +0.5% |
| Trade debts | 44 | €1,738 | €9,252 | +€7,515 | +432% |
| Suppliers | 440/4 | €1,738 | €9,252 | +€7,515 | +432% |
| Taxes, remuneration and social security | 45 | €129 | €105 | -€24 | -18.4% |
| Taxes | 450/3 | €129 | €105 | -€24 | -18.4% |
| Other amounts payable | 47/48 | €162,235 | €155,490 | -€6,745 | -4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,112 | €8,999 | -€1,113 | -11.0% |
| Other operating charges | 640/8 | €676 | €500 | -€177 | -26.1% |
| Gross operating margin | 9900 | -€542 | -€961 | -€419 | -77.3% |
| Operating profit (loss) | 9901 | -€11,331 | -€10,460 | +€871 | +7.7% |
| Financial charges | 65/66B | €40 | €51 | +€11 | +28.0% |
| Recurring financial charges | 65 | €40 | €51 | +€11 | +28.0% |
| Profit (loss) for the period before taxes | 9903 | -€11,370 | -€10,511 | +€860 | +7.6% |
| Profit (loss) for the period | 9904 | -€11,370 | -€10,511 | +€860 | +7.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,370 | -€10,511 | +€860 | +7.6% |
Next steps
Calculation and sources
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 8 November 2026 via checked.be.