ART & DINNER: 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 & DINNER
Largest movements
- Current investments -€161,900
down €161,900 (-49.6%), from €326,151 to €164,251
- Receivables within one year -€26,209
down €26,209 (-39.2%), from €66,897 to €40,688
of which Trade receivables: -€28,404
- Deferred charges and accrued income -€16,587
down €16,587 (-93.2%), from €17,801 to €1,215
- Tangible fixed assets -€8,298
down €8,298 (-2.6%), from €315,093 to €306,795
of which Land and buildings: -€6,064
- Profit (loss) carried forward -€122,656
down €122,656 (-60.5%), from -€202,744 to -€325,399
- Trade debts -€86,645
down €86,645 (-64.6%), from €134,066 to €47,422
- Other debts -€20,740
down €20,740 (-12.1%), from €170,853 to €150,112
- Tax, wage and social debts +€16,322
up €16,322 (+197%), from €8,268 to €24,590
of which Remuneration and social security: +€10,492
- Debts after one year -€7,500
down €7,500 (-21.4%), from €35,000 to €27,500
- Other operating charges +€128,669
up €128,669 (+996%), from €12,914 to €141,582
- Gross operating margin +€60,148
up €60,148 (+104%), from €57,884 to €118,032
- Staff costs +€34,623
up €34,623 (+48.0%), from €72,161 to €106,784
- Financial income +€23,100
up €23,100 (+3,494%), from €661 to €23,761
- Write-downs +€2,737
new in 2025: €2,737
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 | €734,371 | €518,652 | -€215,719 | -29.4% |
| Fixed assets | 21/28 | €316,497 | €308,199 | -€8,298 | -2.6% |
| Tangible fixed assets | 22/27 | €315,093 | €306,795 | -€8,298 | -2.6% |
| Land and buildings | 22 | €304,774 | €298,711 | -€6,064 | -2.0% |
| Plant, machinery and equipment | 23 | €10,319 | €8,085 | -€2,234 | -21.7% |
| Financial fixed assets | 28 | €1,404 | €1,404 | = | 0.0% |
| Current assets | 29/58 | €417,874 | €210,453 | -€207,421 | -49.6% |
| Stocks and contracts in progress | 3 | €1,500 | €1,500 | = | 0.0% |
| Stocks | 30/36 | €1,500 | €1,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €66,897 | €40,688 | -€26,209 | -39.2% |
| Trade receivables | 40 | €53,036 | €24,632 | -€28,404 | -53.6% |
| Other amounts receivable | 41 | €13,861 | €16,056 | +€2,195 | +15.8% |
| Current investments | 50/53 | €326,151 | €164,251 | -€161,900 | -49.6% |
| Cash at bank and in hand | 54/58 | €5,525 | €2,799 | -€2,725 | -49.3% |
| Deferred charges and accrued income | 490/1 | €17,801 | €1,215 | -€16,587 | -93.2% |
| Total equity and liabilities | 10/49 | €734,371 | €518,652 | -€215,719 | -29.4% |
| Equity | 10/15 | €359,184 | €236,528 | -€122,656 | -34.1% |
| Contributions | 10/11 | €360,600 | €360,600 | = | 0.0% |
| Reserves | 13 | €201,328 | €201,328 | = | 0.0% |
| Non-distributable reserves | 130/1 | €36,060 | €36,060 | = | 0.0% |
| Reserves not available under the articles | 1311 | €36,060 | €36,060 | = | 0.0% |
| Tax-exempt reserves | 132 | €27,268 | €27,268 | = | 0.0% |
| Distributable reserves | 133 | €138,000 | €138,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€202,744 | -€325,399 | -€122,656 | -60.5% |
| Amounts payable | 17/49 | €375,187 | €282,124 | -€93,063 | -24.8% |
| Amounts payable after more than one year | 17 | €35,000 | €27,500 | -€7,500 | -21.4% |
| Financial debts | 170/4 | €35,000 | €27,500 | -€7,500 | -21.4% |
| Amounts payable within one year | 42/48 | €340,187 | €254,624 | -€85,563 | -25.2% |
| Current portion of amounts payable after more than one year | 42 | €7,500 | €7,500 | = | 0.0% |
| Trade debts | 44 | €134,066 | €47,422 | -€86,645 | -64.6% |
| Suppliers | 440/4 | €134,066 | €47,422 | -€86,645 | -64.6% |
| Advances received on contracts in progress | 46 | €19,500 | €25,000 | +€5,500 | +28.2% |
| Taxes, remuneration and social security | 45 | €8,268 | €24,590 | +€16,322 | +197% |
| Taxes | 450/3 | €267 | €6,096 | +€5,829 | +2,187% |
| Remuneration and social security | 454/9 | €8,002 | €18,494 | +€10,492 | +131% |
| Other amounts payable | 47/48 | €170,853 | €150,112 | -€20,740 | -12.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €72,161 | €106,784 | +€34,623 | +48.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,212 | €8,298 | +€1,086 | +15.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,737 | +€2,737 | |
| Other operating charges | 640/8 | €12,914 | €141,582 | +€128,669 | +996% |
| Gross operating margin | 9900 | €57,884 | €118,032 | +€60,148 | +104% |
| Operating profit (loss) | 9901 | -€34,403 | -€141,370 | -€106,967 | -311% |
| Financial income | 75/76B | €661 | €23,761 | +€23,100 | +3,494% |
| Recurring financial income | 75 | €661 | €23,761 | +€23,100 | +3,494% |
| Financial charges | 65/66B | €4,385 | €4,899 | +€514 | +11.7% |
| Recurring financial charges | 65 | €4,385 | €4,899 | +€514 | +11.7% |
| Profit (loss) for the period before taxes | 9903 | -€38,127 | -€122,508 | -€84,381 | -221% |
| Income taxes | 67/77 | - | €148 | +€148 | |
| Profit (loss) for the period | 9904 | -€38,127 | -€122,656 | -€84,529 | -222% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,127 | -€122,656 | -€84,529 | -222% |
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 20 October 2026 via checked.be.