ART & CREATION: 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.
ART & CREATION
Largest movements
- Stocks and contracts -€12,454
down €12,454 (-79.3%), from €15,713 to €3,259
- Receivables within one year +€207
up €207 (+21.3%), from €972 to €1,179
of which Trade receivables: +€134
- Profit (loss) carried forward -€10,113
down €10,113 (-9.7%), from -€104,242 to -€114,355
- Other debts -€3,818
down €3,818 (-7.9%), from €48,243 to €44,425
- Trade debts +€1,635
up €1,635 (+86.2%), from €1,897 to €3,532
- Gross operating margin -€6,046
down €6,046 (-167.3%), from -€3,613 to -€9,659
- Other operating charges -€387
down €387 (-100.0%), from €387 to €0
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 | €17,024 | €4,751 | -€12,273 | -72.1% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €17,024 | €4,751 | -€12,273 | -72.1% |
| Stocks and contracts in progress | 3 | €15,713 | €3,259 | -€12,454 | -79.3% |
| Stocks | 30/36 | €15,713 | €3,259 | -€12,454 | -79.3% |
| Amounts receivable within one year | 40/41 | €972 | €1,179 | +€207 | +21.3% |
| Trade receivables | 40 | €494 | €628 | +€134 | +27.1% |
| Other amounts receivable | 41 | €478 | €551 | +€73 | +15.2% |
| Cash at bank and in hand | 54/58 | €15 | €0 | -€14 | -98.2% |
| Deferred charges and accrued income | 490/1 | €325 | €313 | -€12 | -3.6% |
| Total equity and liabilities | 10/49 | €17,024 | €4,751 | -€12,273 | -72.1% |
| Equity | 10/15 | -€85,022 | -€95,135 | -€10,113 | -11.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €620 | €620 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€104,242 | -€114,355 | -€10,113 | -9.7% |
| Amounts payable | 17/49 | €102,046 | €99,886 | -€2,160 | -2.1% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Financial debts | 170/4 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €52,046 | €49,886 | -€2,160 | -4.2% |
| Financial debts | 43 | €1,893 | €1,929 | +€36 | +1.9% |
| Credit institutions | 430/8 | €1,893 | €1,929 | +€36 | +1.9% |
| Trade debts | 44 | €1,897 | €3,532 | +€1,635 | +86.2% |
| Suppliers | 440/4 | €1,897 | €3,532 | +€1,635 | +86.2% |
| Taxes, remuneration and social security | 45 | €14 | €0 | -€14 | -100.0% |
| Taxes | 450/3 | €14 | €0 | -€14 | -100.0% |
| Other amounts payable | 47/48 | €48,243 | €44,425 | -€3,818 | -7.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €61 | €20 | -€41 | -67.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90 | €0 | -€90 | -100.0% |
| Other operating charges | 640/8 | €387 | €0 | -€387 | -100.0% |
| Gross operating margin | 9900 | -€3,613 | -€9,659 | -€6,046 | -167.3% |
| Operating profit (loss) | 9901 | -€4,152 | -€9,679 | -€5,528 | -133.1% |
| Financial income | 75/76B | €0 | €6 | +€5 | +1523.5% |
| Recurring financial income | 75 | €0 | €6 | +€5 | +1523.5% |
| Financial charges | 65/66B | €417 | €439 | +€22 | +5.4% |
| Recurring financial charges | 65 | €417 | €439 | +€22 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,568 | -€10,113 | -€5,545 | -121.4% |
| Income taxes | 67/77 | €0 | €0 | +€0 | +1000.0% |
| Profit (loss) for the period | 9904 | -€4,568 | -€10,113 | -€5,545 | -121.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,568 | -€10,113 | -€5,545 | -121.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.