TRESOR 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.
TRESOR ART GALLERY
Largest movements
- Tangible fixed assets +€10,408
up €10,408 (+10.0%), from €104,391 to €114,799
- Other debts +€77,998
up €77,998 (+30.9%), from €252,326 to €330,325
- Debts after one year -€31,103
no longer reported in 2025 (was €31,103)
- Profit (loss) carried forward -€21,873
down €21,873 (-14.8%), from -€148,292 to -€170,165
- Current portion of long-term debt -€15,580
no longer reported in 2025 (was €15,580)
- Gross operating margin +€1,126
up €1,126 (+8.9%), from -€12,719 to -€11,594
- Depreciation +€430
up €430 (+5.4%), from €7,946 to €8,376
- Other operating charges -€284
down €284 (-34.3%), from €828 to €544
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 | €163,766 | €173,858 | +€10,092 | +6.2% |
| Fixed assets | 21/28 | €104,391 | €114,799 | +€10,408 | +10.0% |
| Tangible fixed assets | 22/27 | €104,391 | €114,799 | +€10,408 | +10.0% |
| Plant, machinery and equipment | 23 | €104,391 | €114,799 | +€10,408 | +10.0% |
| Current assets | 29/58 | €59,375 | €59,059 | -€316 | -0.5% |
| Stocks and contracts in progress | 3 | €52,728 | €52,480 | -€248 | -0.5% |
| Stocks | 30/36 | €52,728 | €52,480 | -€248 | -0.5% |
| Amounts receivable within one year | 40/41 | €3,032 | €3,619 | +€587 | +19.4% |
| Other amounts receivable | 41 | €3,032 | €3,619 | +€587 | +19.4% |
| Cash at bank and in hand | 54/58 | €2,336 | €1,371 | -€965 | -41.3% |
| Deferred charges and accrued income | 490/1 | €1,279 | €1,590 | +€311 | +24.3% |
| Total equity and liabilities | 10/49 | €163,766 | €173,858 | +€10,092 | +6.2% |
| Equity | 10/15 | -€135,892 | -€157,765 | -€21,873 | -16.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€148,292 | -€170,165 | -€21,873 | -14.8% |
| Amounts payable | 17/49 | €299,658 | €331,623 | +€31,965 | +10.7% |
| Amounts payable after more than one year | 17 | €31,103 | - | -€31,103 | |
| Financial debts | 170/4 | €31,103 | - | -€31,103 | |
| Amounts payable within one year | 42/48 | €268,469 | €331,623 | +€63,154 | +23.5% |
| Current portion of amounts payable after more than one year | 42 | €15,580 | - | -€15,580 | |
| Trade debts | 44 | €564 | €1,298 | +€735 | +130% |
| Suppliers | 440/4 | €564 | €1,298 | +€735 | +130% |
| Other amounts payable | 47/48 | €252,326 | €330,325 | +€77,998 | +30.9% |
| Accrued charges and deferred income | 492/3 | €86 | - | -€86 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,946 | €8,376 | +€430 | +5.4% |
| Other operating charges | 640/8 | €828 | €544 | -€284 | -34.3% |
| Gross operating margin | 9900 | -€12,719 | -€11,594 | +€1,126 | +8.9% |
| Operating profit (loss) | 9901 | -€21,493 | -€20,514 | +€980 | +4.6% |
| Financial charges | 65/66B | €1,350 | €1,360 | +€9 | +0.7% |
| Recurring financial charges | 65 | €1,350 | €1,360 | +€9 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | -€22,844 | -€21,873 | +€970 | +4.2% |
| Profit (loss) for the period | 9904 | -€22,844 | -€21,873 | +€970 | +4.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,844 | -€21,873 | +€970 | +4.2% |
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 24 October 2026 via checked.be.