ART 60: what changed
Two fiscal 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.
ART 60
Largest movements
- Tangible fixed assets +€14,344
up €14,344 (+35.8%), from €40,073 to €54,417
- Receivables within one year +€7,499
up €7,499 (+68.5%), from €10,948 to €18,447
of which Trade receivables: +€15,353
- Profit (loss) carried forward +€32,866
up €32,866 (+853.5%), from €3,851 to €36,716
- Other debts -€18,083
down €18,083 (-54.5%), from €33,172 to €15,088
- Trade debts +€6,743
up €6,743 (+36.3%), from €18,579 to €25,322
- Gross operating margin +€38,433
up €38,433 (+360.2%), from €10,671 to €49,104
- Depreciation +€8,710
up €8,710 (+133.5%), from €6,526 to €15,236
- Other operating charges +€708
up €708 (+240.2%), from €295 to €1,002
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.
Cash bridge derived
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 | €57,602 | €79,127 | +€21,525 | +37.4% |
| Fixed assets | 21/28 | €40,073 | €54,417 | +€14,344 | +35.8% |
| Tangible fixed assets | 22/27 | €40,073 | €54,417 | +€14,344 | +35.8% |
| Furniture and vehicles | 24 | €40,073 | €54,417 | +€14,344 | +35.8% |
| Current assets | 29/58 | €17,528 | €24,710 | +€7,181 | +41.0% |
| Amounts receivable within one year | 40/41 | €10,948 | €18,447 | +€7,499 | +68.5% |
| Trade receivables | 40 | €1,834 | €17,187 | +€15,353 | +837.1% |
| Other amounts receivable | 41 | €9,114 | €1,261 | -€7,853 | -86.2% |
| Cash at bank and in hand | 54/58 | €6,580 | €6,262 | -€318 | -4.8% |
| Total equity and liabilities | 10/49 | €57,602 | €79,127 | +€21,525 | +37.4% |
| Equity | 10/15 | €5,851 | €38,716 | +€32,866 | +561.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,851 | €36,716 | +€32,866 | +853.5% |
| Amounts payable | 17/49 | €51,751 | €40,411 | -€11,340 | -21.9% |
| Amounts payable within one year | 42/48 | €51,751 | €40,411 | -€11,340 | -21.9% |
| Trade debts | 44 | €18,579 | €25,322 | +€6,743 | +36.3% |
| Suppliers | 440/4 | €18,579 | €25,322 | +€6,743 | +36.3% |
| Other amounts payable | 47/48 | €33,172 | €15,088 | -€18,083 | -54.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,526 | €15,236 | +€8,710 | +133.5% |
| Other operating charges | 640/8 | €295 | €1,002 | +€708 | +240.2% |
| Gross operating margin | 9900 | €10,671 | €49,104 | +€38,433 | +360.2% |
| Operating profit (loss) | 9901 | €3,851 | €32,866 | +€29,015 | +753.5% |
| Profit (loss) for the period before taxes | 9903 | €3,851 | €32,866 | +€29,015 | +753.5% |
| Profit (loss) for the period | 9904 | €3,851 | €32,866 | +€29,015 | +753.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,851 | €32,866 | +€29,015 | +753.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.