ART, DESIGN & CRAFT: what changed
What changed
ART, DESIGN & CRAFT
NACE 25.401, Forging of metal
filed annual accounts (NBB)
Net result for the year
-€1,108
2025 · €2,063-€3,171
Equity
€116,912
2025 · €118,020-€1,108
Cash
€23,885
2025 · €22,840+€1,046
Balance sheet total
€745,793
2025 · €773,600-€27,808
Largest movements
Assets
- Tangible fixed assets -€31,307
down €31,307 (-4.5%), from €691,406 to €660,099
of which Land and buildings: -€24,255
Equity and liabilities
- Debts after one year -€37,036
down €37,036 (-6.3%), from €590,206 to €553,169
- Other debts +€11,842
up €11,842 (+62.4%), from €18,963 to €30,806
Income statement
- Turnover -€21,793
down €21,793 (-15.8%), from €138,122 to €116,329
- Purchases and services -€13,038
down €13,038 (-15.3%), from €85,475 to €72,437
- Gross operating margin -€12,091
down €12,091 (-19.8%), from €61,193 to €49,103
- Depreciation -€5,297
down €5,297 (-14.2%), from €37,179 to €31,882
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2025
€2,063
Gross operating margin
-€12,091
Staff costs
-€794
Depreciation
+€5,297
Other operating charges
+€133
Other operating items
+€2,825
Financial income
-€142
Financial charges
+€778
Taxes
+€823
Result 2026
-€1,108
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€42,670
Investment
-€575
Financing
-€41,050
Cash 2025
€22,840
From operations (derived)
+€42,670
Net result for the year
-€1,108
Depreciation
+€31,882
Stocks and contracts
-€1,309
Receivables within one year
-€1,145
Trade debts
+€257
Tax, wage and social debts
+€2,251
Other debts
+€11,842
Investment (derived)
-€575
Investment in fixed assets (net)
-€575
Financing
-€41,050
Debts after one year
-€37,036
Current portion of long-term debt
-€4,013
Cash 2026
€23,885
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €773,600 | €745,793 | -€27,808 | -3.6% |
| Fixed assets | 21/28 | €693,378 | €662,071 | -€31,307 | -4.5% |
| Tangible fixed assets | 22/27 | €691,406 | €660,099 | -€31,307 | -4.5% |
| Land and buildings | 22 | €675,517 | €651,262 | -€24,255 | -3.6% |
| Plant, machinery and equipment | 23 | €15,889 | €8,837 | -€7,052 | -44.4% |
| Financial fixed assets | 28 | €1,972 | €1,972 | = | 0.0% |
| Current assets | 29/58 | €80,222 | €83,721 | +€3,499 | +4.4% |
| Stocks and contracts in progress | 3 | €38,718 | €40,027 | +€1,309 | +3.4% |
| Stocks | 30/36 | €8,843 | €15,322 | +€6,480 | +73.3% |
| Contracts in progress | 37 | €29,876 | €24,705 | -€5,171 | -17.3% |
| Amounts receivable within one year | 40/41 | €18,664 | €19,809 | +€1,145 | +6.1% |
| Trade receivables | 40 | €17,542 | €17,897 | +€355 | +2.0% |
| Other amounts receivable | 41 | €1,122 | €1,913 | +€790 | +70.4% |
| Cash at bank and in hand | 54/58 | €22,840 | €23,885 | +€1,046 | +4.6% |
| Total equity and liabilities | 10/49 | €773,600 | €745,793 | -€27,808 | -3.6% |
| Equity | 10/15 | €118,020 | €116,912 | -€1,108 | -0.9% |
| Contributions | 10/11 | €19,100 | €19,100 | = | 0.0% |
| Capital | 10 | €19,100 | €19,100 | = | 0.0% |
| Issued capital | 100 | €19,100 | €19,100 | = | 0.0% |
| Reserves | 13 | €1,910 | €1,910 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,910 | €1,910 | = | 0.0% |
| Legal reserve | 130 | €1,910 | €1,910 | = | 0.0% |
| Profit (loss) carried forward | 14 | €97,010 | €95,902 | -€1,108 | -1.1% |
| Amounts payable | 17/49 | €655,580 | €628,881 | -€26,699 | -4.1% |
| Amounts payable after more than one year | 17 | €590,206 | €553,169 | -€37,036 | -6.3% |
| Financial debts | 170/4 | €590,206 | €553,169 | -€37,036 | -6.3% |
| Amounts payable within one year | 42/48 | €65,374 | €75,711 | +€10,337 | +15.8% |
| Current portion of amounts payable after more than one year | 42 | €41,050 | €37,036 | -€4,013 | -9.8% |
| Financial debts | 43 | €1,667 | €1,667 | = | 0.0% |
| Credit institutions | 430/8 | €1,667 | €1,667 | = | 0.0% |
| Trade debts | 44 | €21 | €278 | +€257 | +1,224% |
| Suppliers | 440/4 | €21 | €278 | +€257 | +1,224% |
| Taxes, remuneration and social security | 45 | €3,674 | €5,925 | +€2,251 | +61.3% |
| Taxes | 450/3 | €3,674 | €5,925 | +€2,251 | +61.3% |
| Other amounts payable | 47/48 | €18,963 | €30,806 | +€11,842 | +62.4% |
| Turnover | 70 | €138,122 | €116,329 | -€21,793 | -15.8% |
| Non-recurring operating income | 76A | €4,046 | - | -€4,046 | |
| Goods, raw materials, services and sundry goods | 60/61 | €85,475 | €72,437 | -€13,038 | -15.3% |
| Remuneration, social security and pensions | 62 | -€177 | €617 | +€794 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,179 | €31,882 | -€5,297 | -14.2% |
| Other operating charges | 640/8 | €1,771 | €1,638 | -€133 | -7.5% |
| Non-recurring operating charges | 66A | €2,825 | - | -€2,825 | |
| Gross operating margin | 9900 | €61,193 | €49,103 | -€12,091 | -19.8% |
| Operating profit (loss) | 9901 | €19,595 | €14,966 | -€4,629 | -23.6% |
| Financial income | 75/76B | €222 | €80 | -€142 | -64.0% |
| Recurring financial income | 75 | €222 | €80 | -€142 | -64.0% |
| Financial charges | 65/66B | €16,684 | €15,907 | -€778 | -4.7% |
| Recurring financial charges | 65 | €16,684 | €15,907 | -€778 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €3,133 | -€861 | -€3,994 | |
| Income taxes | 67/77 | €1,070 | €247 | -€823 | -76.9% |
| Profit (loss) for the period | 9904 | €2,063 | -€1,108 | -€3,171 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,063 | -€1,108 | -€3,171 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.