ADVERTISING ARTS: what changed
What changed
ADVERTISING ARTS
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€121,437
2024 · €68,778+€52,659
Equity
€403,740
2024 · €338,362+€65,378
Cash
€41,003
2024 · €38,498+€2,506
Balance sheet total
€416,812
2024 · €350,506+€66,306
Largest movements
Assets
- Tangible fixed assets +€47,316
up €47,316 (+171%), from €27,638 to €74,953
of which Furniture and vehicles: +€47,796
- Current investments +€12,719
up €12,719 (+4.9%), from €261,529 to €274,248
Equity and liabilities
- Reserves +€65,378
up €65,378 (+19.7%), from €332,162 to €397,540
Income statement
- Gross operating margin +€79,155
up €79,155 (+72.4%), from €109,298 to €188,453
- Taxes +€29,596
up €29,596 (+111%), from €26,610 to €56,206
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.
Result 2024
€68,778
Gross operating margin
+€79,155
Depreciation
+€1,516
Other operating charges
+€343
Financial income
+€1,259
Financial charges
-€19
Taxes
-€29,596
Result 2025
€121,437
raises the resultlowers the result
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.
From operations
+€130,716
Investment
-€72,151
Financing
-€56,059
Cash 2024
€38,498
From operations (derived)
+€130,716
Net result for the year
+€121,437
Depreciation
+€12,117
Receivables within one year
-€2,995
Deferred charges and accrued income
-€771
Trade debts
+€223
Tax, wage and social debts
-€345
Other debts
+€1,051
Investment (derived)
-€72,151
Investment in fixed assets (net)
-€59,432
Current investments
-€12,719
Financing
-€56,059
Contributions, distributions and other
-€56,059
Cash 2025
€41,003
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €350,506 | €416,812 | +€66,306 | +18.9% |
| Fixed assets | 21/28 | €28,013 | €75,329 | +€47,316 | +169% |
| Tangible fixed assets | 22/27 | €27,638 | €74,953 | +€47,316 | +171% |
| Furniture and vehicles | 24 | €24,509 | €72,305 | +€47,796 | +195% |
| Other tangible fixed assets | 26 | €3,128 | €2,648 | -€480 | -15.3% |
| Financial fixed assets | 28 | €376 | €376 | = | 0.0% |
| Current assets | 29/58 | €322,493 | €341,483 | +€18,991 | +5.9% |
| Amounts receivable within one year | 40/41 | €20,129 | €23,124 | +€2,995 | +14.9% |
| Trade receivables | 40 | €19,529 | €19,971 | +€442 | +2.3% |
| Other amounts receivable | 41 | €600 | €3,153 | +€2,553 | +426% |
| Current investments | 50/53 | €261,529 | €274,248 | +€12,719 | +4.9% |
| Cash at bank and in hand | 54/58 | €38,498 | €41,003 | +€2,506 | +6.5% |
| Deferred charges and accrued income | 490/1 | €2,337 | €3,108 | +€771 | +33.0% |
| Total equity and liabilities | 10/49 | €350,506 | €416,812 | +€66,306 | +18.9% |
| Equity | 10/15 | €338,362 | €403,740 | +€65,378 | +19.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €332,162 | €397,540 | +€65,378 | +19.7% |
| Distributable reserves | 133 | €332,162 | €397,540 | +€65,378 | +19.7% |
| Amounts payable | 17/49 | €12,144 | €13,073 | +€929 | +7.6% |
| Amounts payable within one year | 42/48 | €12,144 | €13,073 | +€929 | +7.6% |
| Trade debts | 44 | €655 | €878 | +€223 | +34.0% |
| Suppliers | 440/4 | €655 | €878 | +€223 | +34.0% |
| Taxes, remuneration and social security | 45 | €11,408 | €11,062 | -€345 | -3.0% |
| Taxes | 450/3 | €11,408 | €11,062 | -€345 | -3.0% |
| Other amounts payable | 47/48 | €81 | €1,133 | +€1,051 | +1,291% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,633 | €12,117 | -€1,516 | -11.1% |
| Other operating charges | 640/8 | €743 | €400 | -€343 | -46.2% |
| Gross operating margin | 9900 | €109,298 | €188,453 | +€79,155 | +72.4% |
| Operating profit (loss) | 9901 | €94,922 | €175,937 | +€81,014 | +85.3% |
| Financial income | 75/76B | €675 | €1,934 | +€1,259 | +186% |
| Recurring financial income | 75 | €675 | €1,934 | +€1,259 | +186% |
| Financial charges | 65/66B | €209 | €228 | +€19 | +8.9% |
| Recurring financial charges | 65 | €209 | €228 | +€19 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | €95,388 | €177,643 | +€82,255 | +86.2% |
| Income taxes | 67/77 | €26,610 | €56,206 | +€29,596 | +111% |
| Profit (loss) for the period | 9904 | €68,778 | €121,437 | +€52,659 | +76.6% |
| Profit (loss) for the period to be appropriated | 9905 | €68,778 | €121,437 | +€52,659 | +76.6% |
Next steps
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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 3 November 2026 via checked.be.