AB-ARTS: 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.
AB-ARTS
Largest movements
- Cash -€20,418
down €20,418 (-91.4%), from €22,330 to €1,912
mainly Debts after one year (-€21,758) and Net result for the year (-€9,725)
- Tangible fixed assets -€8,401
down €8,401 (-3.6%), from €234,623 to €226,223
of which Furniture and vehicles: -€4,645
- Debts after one year -€21,758
down €21,758 (-27.1%), from €80,378 to €58,620
- Other debts +€15,129
up €15,129 (+32.5%), from €46,575 to €61,703
- Profit (loss) carried forward -€9,725
down €9,725 (-20.7%), from €46,952 to €37,227
- Tax, wage and social debts -€9,050
down €9,050 (-58.9%), from €15,363 to €6,313
of which Taxes: -€8,218
- Trade debts -€7,036
down €7,036 (-99.3%), from €7,083 to €47
- Gross operating margin -€13,564
down €13,564 (-29.8%), from €45,554 to €31,990
- Staff costs +€5,110
up €5,110 (+23.6%), from €21,631 to €26,741
- Taxes -€4,019
down €4,019 (-96.6%), from €4,163 to €143
- Financial charges -€1,929
down €1,929 (-40.0%), from €4,829 to €2,900
- Depreciation +€486
up €486 (+5.2%), from €9,373 to €9,860
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 | €260,161 | €232,073 | -€28,089 | -10.8% |
| Fixed assets | 21/28 | €234,623 | €226,223 | -€8,401 | -3.6% |
| Tangible fixed assets | 22/27 | €234,623 | €226,223 | -€8,401 | -3.6% |
| Land and buildings | 22 | €197,309 | €194,887 | -€2,421 | -1.2% |
| Plant, machinery and equipment | 23 | €20,617 | €19,283 | -€1,334 | -6.5% |
| Furniture and vehicles | 24 | €16,697 | €12,052 | -€4,645 | -27.8% |
| Current assets | 29/58 | €25,538 | €5,850 | -€19,688 | -77.1% |
| Stocks and contracts in progress | 3 | €350 | €319 | -€31 | -8.9% |
| Stocks | 30/36 | €350 | €319 | -€31 | -8.9% |
| Amounts receivable within one year | 40/41 | €2,858 | €3,619 | +€761 | +26.6% |
| Trade receivables | 40 | €2,858 | €3,619 | +€761 | +26.6% |
| Cash at bank and in hand | 54/58 | €22,330 | €1,912 | -€20,418 | -91.4% |
| Total equity and liabilities | 10/49 | €260,161 | €232,073 | -€28,089 | -10.8% |
| Equity | 10/15 | €67,357 | €57,632 | -€9,725 | -14.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,952 | €37,227 | -€9,725 | -20.7% |
| Amounts payable | 17/49 | €192,805 | €174,441 | -€18,364 | -9.5% |
| Amounts payable after more than one year | 17 | €80,378 | €58,620 | -€21,758 | -27.1% |
| Financial debts | 170/4 | €80,378 | €58,620 | -€21,758 | -27.1% |
| Amounts payable within one year | 42/48 | €91,080 | €89,821 | -€1,259 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €20,109 | €21,758 | +€1,648 | +8.2% |
| Trade debts | 44 | €7,083 | €47 | -€7,036 | -99.3% |
| Suppliers | 440/4 | €7,083 | €47 | -€7,036 | -99.3% |
| Advances received on contracts in progress | 46 | €1,950 | - | -€1,950 | |
| Taxes, remuneration and social security | 45 | €15,363 | €6,313 | -€9,050 | -58.9% |
| Taxes | 450/3 | €10,570 | €2,352 | -€8,218 | -77.8% |
| Remuneration and social security | 454/9 | €4,794 | €3,962 | -€832 | -17.4% |
| Other amounts payable | 47/48 | €46,575 | €61,703 | +€15,129 | +32.5% |
| Accrued charges and deferred income | 492/3 | €21,347 | €26,000 | +€4,653 | +21.8% |
| Remuneration, social security and pensions | 62 | €21,631 | €26,741 | +€5,110 | +23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,373 | €9,860 | +€486 | +5.2% |
| Other operating charges | 640/8 | €1,842 | €2,090 | +€248 | +13.5% |
| Gross operating margin | 9900 | €45,554 | €31,990 | -€13,564 | -29.8% |
| Operating profit (loss) | 9901 | €12,708 | -€6,701 | -€19,409 | |
| Financial income | 75/76B | €6 | €19 | +€13 | +222% |
| Recurring financial income | 75 | €6 | €19 | +€13 | +222% |
| Financial charges | 65/66B | €4,829 | €2,900 | -€1,929 | -40.0% |
| Recurring financial charges | 65 | €4,829 | €2,900 | -€1,929 | -40.0% |
| Profit (loss) for the period before taxes | 9903 | €7,885 | -€9,581 | -€17,466 | |
| Income taxes | 67/77 | €4,163 | €143 | -€4,019 | -96.6% |
| Profit (loss) for the period | 9904 | €3,722 | -€9,725 | -€13,447 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,722 | -€9,725 | -€13,447 |
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 17 October 2026 via checked.be.