AGRAND'ART: 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.
AGRAND'ART
Largest movements
- Cash -€27,341
down €27,341 (-85.6%), from €31,944 to €4,603
mainly Receivables within one year (-€22,627) and Net result for the year (-€6,629)
- Receivables within one year +€22,627
up €22,627 (+1,225%), from €1,847 to €24,474
of which Other amounts receivable: +€12,972
- Deferred charges and accrued income +€1,508
up €1,508 (+3,894%), from €39 to €1,546
- Intangible fixed assets +€1,157
new in 2025: €1,157
- Trade debts +€7,132
up €7,132 (+42.9%), from €16,641 to €23,773
- Profit (loss) carried forward -€6,629
down €6,629 (-20.1%), from -€32,919 to -€39,548
- Other debts -€1,985
down €1,985 (-6.4%), from €31,136 to €29,150
- Tax, wage and social debts -€802
down €802 (-84.8%), from €946 to €144
- Gross operating margin -€10,742
down €10,742, from €7,827 to -€2,915
- Depreciation -€359
down €359 (-28.7%), from €1,249 to €890
- Other operating charges -€280
down €280 (-11.6%), from €2,417 to €2,137
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 | €34,396 | €32,111 | -€2,285 | -6.6% |
| Fixed assets | 21/28 | €566 | €1,488 | +€922 | +163% |
| Intangible fixed assets | 21 | - | €1,157 | +€1,157 | |
| Tangible fixed assets | 22/27 | €566 | €331 | -€235 | -41.5% |
| Furniture and vehicles | 24 | €566 | €331 | -€235 | -41.5% |
| Current assets | 29/58 | €33,830 | €30,623 | -€3,207 | -9.5% |
| Amounts receivable within one year | 40/41 | €1,847 | €24,474 | +€22,627 | +1,225% |
| Trade receivables | 40 | €210 | €9,865 | +€9,655 | +4,598% |
| Other amounts receivable | 41 | €1,637 | €14,609 | +€12,972 | +792% |
| Cash at bank and in hand | 54/58 | €31,944 | €4,603 | -€27,341 | -85.6% |
| Deferred charges and accrued income | 490/1 | €39 | €1,546 | +€1,508 | +3,894% |
| Total equity and liabilities | 10/49 | €34,396 | €32,111 | -€2,285 | -6.6% |
| Equity | 10/15 | -€14,327 | -€20,956 | -€6,629 | -46.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | - | -€18,592 | |
| Issued capital | 100 | €18,592 | - | -€18,592 | |
| Profit (loss) carried forward | 14 | -€32,919 | -€39,548 | -€6,629 | -20.1% |
| Amounts payable | 17/49 | €48,723 | €53,067 | +€4,345 | +8.9% |
| Amounts payable within one year | 42/48 | €48,723 | €53,067 | +€4,345 | +8.9% |
| Trade debts | 44 | €16,641 | €23,773 | +€7,132 | +42.9% |
| Suppliers | 440/4 | €16,641 | €23,773 | +€7,132 | +42.9% |
| Taxes, remuneration and social security | 45 | €946 | €144 | -€802 | -84.8% |
| Taxes | 450/3 | €946 | €144 | -€802 | -84.8% |
| Other amounts payable | 47/48 | €31,136 | €29,150 | -€1,985 | -6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,249 | €890 | -€359 | -28.7% |
| Other operating charges | 640/8 | €2,417 | €2,137 | -€280 | -11.6% |
| Gross operating margin | 9900 | €7,827 | -€2,915 | -€10,742 | |
| Operating profit (loss) | 9901 | €4,161 | -€5,942 | -€10,103 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €521 | €482 | -€39 | -7.5% |
| Recurring financial charges | 65 | €521 | €482 | -€39 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €3,640 | -€6,423 | -€10,063 | |
| Income taxes | 67/77 | €187 | €206 | +€19 | +10.0% |
| Profit (loss) for the period | 9904 | €3,453 | -€6,629 | -€10,082 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,453 | -€6,629 | -€10,082 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.