OPEN ART GALLERY: 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.
OPEN ART GALLERY
Largest movements
- Cash +€5,823
up €5,823 (+277%), from €2,100 to €7,923
mainly Trade debts (+€2,390) and Depreciation (+€2,292)
- Tangible fixed assets -€2,292
down €2,292 (-26.6%), from €8,614 to €6,322
of which Plant, machinery and equipment: -€1,277
- Stocks and contracts -€2,000
down €2,000 (-16.1%), from €12,390 to €10,390
- Trade debts +€2,390
up €2,390 (+47.3%), from €5,056 to €7,446
- Other debts -€1,809
down €1,809 (-2.6%), from €68,445 to €66,636
- Profit (loss) carried forward +€687
up €687 (+0.3%), from -€198,861 to -€198,174
- Gross operating margin +€3,255
up €3,255, from -€144 to €3,111
- Depreciation -€494
down €494 (-17.7%), from €2,786 to €2,292
- Other operating charges -€186
no longer reported in 2025 (was €186)
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.
Derived cash bridge
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 | €23,499 | €24,932 | +€1,433 | +6.1% |
| Fixed assets | 21/28 | €8,911 | €6,619 | -€2,292 | -25.7% |
| Tangible fixed assets | 22/27 | €8,614 | €6,322 | -€2,292 | -26.6% |
| Land and buildings | 22 | €1,306 | €1,091 | -€215 | -16.5% |
| Plant, machinery and equipment | 23 | €2,377 | €1,100 | -€1,277 | -53.7% |
| Furniture and vehicles | 24 | €4,930 | €4,130 | -€799 | -16.2% |
| Financial fixed assets | 28 | €297 | €297 | = | 0.0% |
| Current assets | 29/58 | €14,588 | €18,313 | +€3,725 | +25.5% |
| Stocks and contracts in progress | 3 | €12,390 | €10,390 | -€2,000 | -16.1% |
| Stocks | 30/36 | €12,390 | €10,390 | -€2,000 | -16.1% |
| Amounts receivable within one year | 40/41 | €98 | - | -€98 | |
| Other amounts receivable | 41 | €98 | - | -€98 | |
| Cash at bank and in hand | 54/58 | €2,100 | €7,923 | +€5,823 | +277% |
| Total equity and liabilities | 10/49 | €23,499 | €24,932 | +€1,433 | +6.1% |
| Equity | 10/15 | -€115,002 | -€114,315 | +€687 | +0.6% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €13,859 | €13,859 | = | 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% |
| Distributable reserves | 133 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€198,861 | -€198,174 | +€687 | +0.3% |
| Amounts payable | 17/49 | €138,501 | €139,247 | +€747 | +0.5% |
| Amounts payable after more than one year | 17 | €65,000 | €65,000 | = | 0.0% |
| Financial debts | 170/4 | €65,000 | €65,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €73,501 | €74,247 | +€747 | +1.0% |
| Trade debts | 44 | €5,056 | €7,446 | +€2,390 | +47.3% |
| Suppliers | 440/4 | €5,056 | €7,446 | +€2,390 | +47.3% |
| Taxes, remuneration and social security | 45 | - | €166 | +€166 | |
| Taxes | 450/3 | - | €166 | +€166 | |
| Other amounts payable | 47/48 | €68,445 | €66,636 | -€1,809 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,786 | €2,292 | -€494 | -17.7% |
| Other operating charges | 640/8 | €186 | - | -€186 | |
| Gross operating margin | 9900 | -€144 | €3,111 | +€3,255 | |
| Operating profit (loss) | 9901 | -€3,116 | €819 | +€3,935 | |
| Financial income | 75/76B | €48 | €48 | = | 0.0% |
| Recurring financial income | 75 | €48 | €48 | = | 0.0% |
| Financial charges | 65/66B | €181 | €180 | -€1 | -0.5% |
| Recurring financial charges | 65 | €181 | €180 | -€1 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,249 | €687 | +€3,936 | |
| Profit (loss) for the period | 9904 | -€3,249 | €687 | +€3,936 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,249 | €687 | +€3,936 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.