ART & DESIGN FLOOR: what changed
ART & DESIGN FLOOR
Largest movements
- Receivables within one year -€49,518
down €49,518 (-72.5%), from €68,345 to €18,827
of which Trade receivables: -€47,231
- Tangible fixed assets -€33,959
down €33,959 (-97.6%), from €34,810 to €851
of which Leasing and similar rights: -€23,882
- Stocks and contracts -€11,080
down €11,080 (-80.2%), from €13,824 to €2,744
of which Contracts in progress: -€6,550
- Financial fixed assets -€1,400
no longer reported in 2025 (was €1,400)
- Trade debts -€59,905
down €59,905 (-96.1%), from €62,341 to €2,436
- Other debts +€23,915
up €23,915 (+90.5%), from €26,437 to €50,352
- Short-term financial debts -€16,344
down €16,344 (-67.6%), from €24,193 to €7,849
- Current portion of long-term debt -€14,376
down €14,376 (-91.6%), from €15,702 to €1,326
- Profit (loss) carried forward -€13,699
down €13,699 (-27.9%), from -€49,051 to -€62,750
- Turnover -€206,438
down €206,438 (-72.8%), from €283,725 to €77,287
- Staff costs -€123,862
down €123,862 (-91.7%), from €135,132 to €11,270
- Gross operating margin -€111,025
down €111,025 (-90.0%), from €123,428 to €12,403
- Purchases and services -€95,413
down €95,413 (-59.5%), from €160,297 to €64,884
- Depreciation -€12,890
down €12,890 (-63.0%), from €20,455 to €7,565
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
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €119,895 | €23,776 | -€96,119 | -80.2% |
| Fixed assets | 21/28 | €36,210 | €851 | -€35,359 | -97.6% |
| Tangible fixed assets | 22/27 | €34,810 | €851 | -€33,959 | -97.6% |
| Plant, machinery and equipment | 23 | €857 | - | -€857 | |
| Furniture and vehicles | 24 | €9,220 | - | -€9,220 | |
| Leasing and similar rights | 25 | €24,733 | €851 | -€23,882 | -96.6% |
| Financial fixed assets | 28 | €1,400 | - | -€1,400 | |
| Current assets | 29/58 | €83,685 | €22,925 | -€60,760 | -72.6% |
| Stocks and contracts in progress | 3 | €13,824 | €2,744 | -€11,080 | -80.2% |
| Stocks | 30/36 | €7,274 | €2,744 | -€4,530 | -62.3% |
| Contracts in progress | 37 | €6,550 | - | -€6,550 | |
| Amounts receivable within one year | 40/41 | €68,345 | €18,827 | -€49,518 | -72.5% |
| Trade receivables | 40 | €65,825 | €18,594 | -€47,231 | -71.8% |
| Other amounts receivable | 41 | €2,520 | €233 | -€2,287 | -90.8% |
| Deferred charges and accrued income | 490/1 | €1,516 | €1,354 | -€162 | -10.7% |
| Total equity and liabilities | 10/49 | €119,895 | €23,776 | -€96,119 | -80.2% |
| Equity | 10/15 | -€24,677 | -€38,376 | -€13,699 | -55.5% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €3,374 | €3,374 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,520 | €1,520 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,520 | €1,520 | = | 0.0% |
| Distributable reserves | 133 | €1,854 | €1,854 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,051 | -€62,750 | -€13,699 | -27.9% |
| Amounts payable | 17/49 | €144,572 | €62,152 | -€82,420 | -57.0% |
| Amounts payable after more than one year | 17 | €11,338 | - | -€11,338 | |
| Financial debts | 170/4 | €11,338 | - | -€11,338 | |
| Amounts payable within one year | 42/48 | €132,997 | €61,963 | -€71,034 | -53.4% |
| Current portion of amounts payable after more than one year | 42 | €15,702 | €1,326 | -€14,376 | -91.6% |
| Financial debts | 43 | €24,193 | €7,849 | -€16,344 | -67.6% |
| Credit institutions | 430/8 | €24,193 | €7,849 | -€16,344 | -67.6% |
| Trade debts | 44 | €62,341 | €2,436 | -€59,905 | -96.1% |
| Suppliers | 440/4 | €62,341 | €2,436 | -€59,905 | -96.1% |
| Taxes, remuneration and social security | 45 | €4,324 | - | -€4,324 | |
| Taxes | 450/3 | €1,142 | - | -€1,142 | |
| Remuneration and social security | 454/9 | €3,182 | - | -€3,182 | |
| Other amounts payable | 47/48 | €26,437 | €50,352 | +€23,915 | +90.5% |
| Accrued charges and deferred income | 492/3 | €237 | €189 | -€48 | -20.3% |
| Turnover | 70 | €283,725 | €77,287 | -€206,438 | -72.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €160,297 | €64,884 | -€95,413 | -59.5% |
| Remuneration, social security and pensions | 62 | €135,132 | €11,270 | -€123,862 | -91.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,455 | €7,565 | -€12,890 | -63.0% |
| Other operating charges | 640/8 | €3,979 | €3,338 | -€641 | -16.1% |
| Gross operating margin | 9900 | €123,428 | €12,403 | -€111,025 | -90.0% |
| Operating profit (loss) | 9901 | -€36,138 | -€9,770 | +€26,368 | +73.0% |
| Financial income | 75/76B | €205 | €583 | +€378 | +184% |
| Recurring financial income | 75 | €205 | €128 | -€77 | -37.6% |
| Non-recurring financial income | 76B | - | €455 | +€455 | |
| Financial charges | 65/66B | €5,895 | €4,035 | -€1,860 | -31.6% |
| Recurring financial charges | 65 | €5,895 | €4,035 | -€1,860 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | -€41,828 | -€13,222 | +€28,606 | +68.4% |
| Income taxes | 67/77 | - | €477 | +€477 | |
| Profit (loss) for the period | 9904 | -€41,828 | -€13,699 | +€28,129 | +67.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,828 | -€13,699 | +€28,129 | +67.2% |
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 2 November 2026 via checked.be.