ART BRUSH: 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 BRUSH
Largest movements
- Receivables within one year -€8,513
down €8,513 (-33.2%), from €25,619 to €17,106
- Tangible fixed assets +€433
up €433 (+2.9%), from €15,164 to €15,597
- Debts within one year -€8,477
down €8,477 (-11.7%), from €72,200 to €63,723
- Gross operating margin -€7,423
down €7,423 (-86.0%), from €8,635 to €1,212
- Depreciation +€199
up €199 (+121.3%), from €164 to €363
From the 2017 result to the 2018 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 2017 and 2018 balance sheets and the 2018 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2017 | 2018 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €41,376 | €32,899 | -€8,476 | -20.5% |
| Fixed assets | 21/28 | €15,164 | €15,597 | +€433 | +2.9% |
| Tangible fixed assets | 22/27 | €15,164 | €15,597 | +€433 | +2.9% |
| Current assets | 29/58 | €26,212 | €17,303 | -€8,909 | -34.0% |
| Amounts receivable within one year | 40/41 | €25,619 | €17,106 | -€8,513 | -33.2% |
| Cash at bank and in hand | 54/58 | €593 | €196 | -€397 | -66.9% |
| Total equity and liabilities | 10/49 | €41,376 | €32,899 | -€8,476 | -20.5% |
| Equity | 10/15 | -€30,824 | -€30,823 | +€1 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,424 | -€49,423 | +€1 | 0.0% |
| Amounts payable | 17/49 | €72,200 | €63,723 | -€8,477 | -11.7% |
| Amounts payable within one year | 42/48 | €72,200 | €63,723 | -€8,477 | -11.7% |
| Trade debts | 44 | €2,881 | €2,816 | -€65 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €164 | €363 | +€199 | +121.3% |
| Gross operating margin | 9900 | €8,635 | €1,212 | -€7,423 | -86.0% |
| Operating profit (loss) | 9901 | €8,347 | €154 | -€8,193 | -98.2% |
| Recurring financial charges | 65 | €112 | €153 | +€42 | +37.5% |
| Profit (loss) for the period before taxes | 9903 | €8,236 | €1 | -€8,235 | -100.0% |
| Profit (loss) for the period | 9904 | €8,236 | €1 | -€8,235 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,236 | €1 | -€8,235 | -100.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2017 and 30 June 2018. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.