Art & Design AD: 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 & Design AD
Largest movements
- Receivables within one year +€18,702
up €18,702 (+151%), from €12,404 to €31,106
of which Other amounts receivable: +€11,197
- Stocks and contracts -€2,254
down €2,254 (-33.3%), from €6,770 to €4,516
- Tangible fixed assets -€2,042
down €2,042 (-50.0%), from €4,083 to €2,042
- Cash -€1,303
down €1,303 (-46.2%), from €2,821 to €1,518
mainly Receivables within one year (-€18,702) and Net result for the year (-€8,366)
- Financial fixed assets -€1,000
no longer reported in 2025 (was €1,000)
- Trade debts +€20,939
up €20,939 (+370%), from €5,656 to €26,595
- Profit (loss) carried forward -€8,366
down €8,366, from €2,322 to -€6,043
- Other debts -€470
down €470 (-94.0%), from €500 to €30
- Gross operating margin -€12,515
down €12,515, from €10,134 to -€2,381
- Purchases and services +€11,414
up €11,414 (+31.2%), from €36,615 to €48,028
- Other operating charges +€2,763
new in 2025: €2,763
- Taxes -€1,167
no longer reported in 2025 (was €1,167)
- Turnover -€1,102
down €1,102 (-2.4%), from €46,749 to €45,647
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 | €27,078 | €39,182 | +€12,103 | +44.7% |
| Fixed assets | 21/28 | €5,083 | €2,042 | -€3,042 | -59.8% |
| Tangible fixed assets | 22/27 | €4,083 | €2,042 | -€2,042 | -50.0% |
| Furniture and vehicles | 24 | €4,083 | €2,042 | -€2,042 | -50.0% |
| Financial fixed assets | 28 | €1,000 | - | -€1,000 | |
| Current assets | 29/58 | €21,995 | €37,140 | +€15,145 | +68.9% |
| Stocks and contracts in progress | 3 | €6,770 | €4,516 | -€2,254 | -33.3% |
| Stocks | 30/36 | €6,770 | €4,516 | -€2,254 | -33.3% |
| Amounts receivable within one year | 40/41 | €12,404 | €31,106 | +€18,702 | +151% |
| Trade receivables | 40 | €8,148 | €15,653 | +€7,505 | +92.1% |
| Other amounts receivable | 41 | €4,256 | €15,453 | +€11,197 | +263% |
| Cash at bank and in hand | 54/58 | €2,821 | €1,518 | -€1,303 | -46.2% |
| Total equity and liabilities | 10/49 | €27,078 | €39,182 | +€12,103 | +44.7% |
| Equity | 10/15 | €20,922 | €12,557 | -€8,366 | -40.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Profit (loss) carried forward | 14 | €2,322 | -€6,043 | -€8,366 | |
| Amounts payable | 17/49 | €6,156 | €26,625 | +€20,469 | +333% |
| Amounts payable within one year | 42/48 | €6,156 | €26,625 | +€20,469 | +333% |
| Trade debts | 44 | €5,656 | €26,595 | +€20,939 | +370% |
| Suppliers | 440/4 | €5,656 | €26,595 | +€20,939 | +370% |
| Other amounts payable | 47/48 | €500 | €30 | -€470 | -94.0% |
| Turnover | 70 | €46,749 | €45,647 | -€1,102 | -2.4% |
| Non-recurring operating income | 76A | €54 | - | -€54 | |
| Goods, raw materials, services and sundry goods | 60/61 | €36,615 | €48,028 | +€11,414 | +31.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,042 | €2,042 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €83 | +€83 | |
| Other operating charges | 640/8 | - | €2,763 | +€2,763 | |
| Gross operating margin | 9900 | €10,134 | -€2,381 | -€12,515 | |
| Operating profit (loss) | 9901 | €8,092 | -€7,269 | -€15,361 | |
| Financial income | 75/76B | €297 | - | -€297 | |
| Recurring financial income | 75 | €297 | - | -€297 | |
| Non-recurring financial income | 76B | €297 | - | -€297 | |
| Financial charges | 65/66B | €978 | €1,097 | +€119 | +12.1% |
| Recurring financial charges | 65 | €978 | €43 | -€935 | -95.6% |
| Non-recurring financial charges | 66B | - | €1,054 | +€1,054 | |
| Profit (loss) for the period before taxes | 9903 | €7,411 | -€8,366 | -€15,776 | |
| Income taxes | 67/77 | €1,167 | - | -€1,167 | |
| Profit (loss) for the period | 9904 | €6,244 | -€8,366 | -€14,610 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,244 | -€8,366 | -€14,610 |
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 1 November 2026 via checked.be.