ART ACADAMY: what changed
ART ACADAMY
Largest movements
- Cash +€1,749
up €1,749 (+8.4%), from €20,926 to €22,675
mainly Net result for the year (+€7,604) and Depreciation (+€179)
- Profit (loss) carried forward +€7,604
up €7,604 (+26.9%), from -€28,251 to -€20,647
- Other debts -€4,311
down €4,311 (-46.5%), from €9,273 to €4,962
- Trade debts -€1,737
down €1,737 (-90.2%), from €1,925 to €188
- Gross operating margin +€4,182
up €4,182 (+54.7%), from €7,641 to €11,824
- Taxes +€863
up €863 (+43.2%), from €1,998 to €2,861
- Other operating charges +€403
up €403 (+154%), from €262 to €664
- Financial charges +€151
up €151 (+40.7%), from €370 to €521
- Financial income -€139
down €139 (-96.5%), from €144 to €5
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,492 | €26,120 | +€1,628 | +6.6% |
| Fixed assets | 21/28 | €2,683 | €2,504 | -€179 | -6.7% |
| Tangible fixed assets | 22/27 | €283 | €104 | -€179 | -63.2% |
| Furniture and vehicles | 24 | €283 | €104 | -€179 | -63.2% |
| Financial fixed assets | 28 | €2,400 | €2,400 | = | 0.0% |
| Current assets | 29/58 | €21,809 | €23,615 | +€1,806 | +8.3% |
| Stocks and contracts in progress | 3 | €496 | €480 | -€16 | -3.1% |
| Stocks | 30/36 | €496 | €480 | -€16 | -3.1% |
| Amounts receivable within one year | 40/41 | €90 | €150 | +€60 | +66.7% |
| Trade receivables | 40 | €90 | €150 | +€60 | +66.7% |
| Cash at bank and in hand | 54/58 | €20,926 | €22,675 | +€1,749 | +8.4% |
| Deferred charges and accrued income | 490/1 | €297 | €310 | +€13 | +4.3% |
| Total equity and liabilities | 10/49 | €24,492 | €26,120 | +€1,628 | +6.6% |
| Equity | 10/15 | €6,454 | €14,058 | +€7,604 | +118% |
| Contributions | 10/11 | €34,705 | €34,705 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,251 | -€20,647 | +€7,604 | +26.9% |
| Amounts payable | 17/49 | €18,038 | €12,062 | -€5,977 | -33.1% |
| Amounts payable within one year | 42/48 | €18,038 | €12,062 | -€5,977 | -33.1% |
| Trade debts | 44 | €1,925 | €188 | -€1,737 | -90.2% |
| Suppliers | 440/4 | €1,925 | €188 | -€1,737 | -90.2% |
| Taxes, remuneration and social security | 45 | €6,840 | €6,912 | +€72 | +1.1% |
| Taxes | 450/3 | €6,840 | €6,912 | +€72 | +1.1% |
| Other amounts payable | 47/48 | €9,273 | €4,962 | -€4,311 | -46.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €200 | €179 | -€21 | -10.6% |
| Other operating charges | 640/8 | €262 | €664 | +€403 | +154% |
| Gross operating margin | 9900 | €7,641 | €11,824 | +€4,182 | +54.7% |
| Operating profit (loss) | 9901 | €7,180 | €10,980 | +€3,801 | +52.9% |
| Financial income | 75/76B | €144 | €5 | -€139 | -96.5% |
| Recurring financial income | 75 | €144 | €5 | -€139 | -96.5% |
| Financial charges | 65/66B | €370 | €521 | +€151 | +40.7% |
| Recurring financial charges | 65 | €370 | €521 | +€151 | +40.7% |
| Profit (loss) for the period before taxes | 9903 | €6,954 | €10,465 | +€3,511 | +50.5% |
| Income taxes | 67/77 | €1,998 | €2,861 | +€863 | +43.2% |
| Profit (loss) for the period | 9904 | €4,956 | €7,604 | +€2,649 | +53.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,956 | €7,604 | +€2,649 | +53.4% |
Next steps
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 5 November 2026 via checked.be.