ART'EAST: what changed
ART'EAST
Largest movements
- Cash -€18,474
down €18,474 (-66.2%), from €27,920 to €9,446
mainly Net result for the year (-€10,870) and Trade debts (-€7,296)
- Tangible fixed assets -€1,273
down €1,273 (-50.0%), from €2,547 to €1,274
- Profit (loss) carried forward -€10,870
down €10,870 (-32.0%), from €33,985 to €23,115
- Trade debts -€7,296
down €7,296 (-17.9%), from €40,819 to €33,523
- Tax, wage and social debts -€1,422
no longer reported in 2025 (was €1,422)
- Gross operating margin -€16,508
down €16,508, from €7,595 to -€8,913
- Taxes -€1,422
no longer reported in 2025 (was €1,422)
- Depreciation -€971
down €971 (-42.4%), from €2,290 to €1,318
- Provisions +€386
no longer reported in 2025 (was -€386)
- Financial charges +€137
up €137 (+142%), from €97 to €234
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
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €91,551 | €72,415 | -€19,137 | -20.9% |
| Fixed assets | 21/28 | €2,592 | €1,274 | -€1,318 | -50.9% |
| Intangible fixed assets | 21 | €46 | - | -€46 | |
| Tangible fixed assets | 22/27 | €2,547 | €1,274 | -€1,273 | -50.0% |
| Furniture and vehicles | 24 | €2,547 | €1,274 | -€1,273 | -50.0% |
| Current assets | 29/58 | €88,959 | €71,141 | -€17,818 | -20.0% |
| Amounts receivable within one year | 40/41 | €61,039 | €61,695 | +€656 | +1.1% |
| Trade receivables | 40 | €59,924 | €60,937 | +€1,014 | +1.7% |
| Other amounts receivable | 41 | €1,116 | €758 | -€358 | -32.1% |
| Cash at bank and in hand | 54/58 | €27,920 | €9,446 | -€18,474 | -66.2% |
| Total equity and liabilities | 10/49 | €91,551 | €72,415 | -€19,137 | -20.9% |
| Equity | 10/15 | €48,985 | €38,115 | -€10,870 | -22.2% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,985 | €23,115 | -€10,870 | -32.0% |
| Amounts payable | 17/49 | €42,567 | €34,300 | -€8,267 | -19.4% |
| Amounts payable within one year | 42/48 | €42,242 | €33,523 | -€8,719 | -20.6% |
| Trade debts | 44 | €40,819 | €33,523 | -€7,296 | -17.9% |
| Suppliers | 440/4 | €40,819 | €33,523 | -€7,296 | -17.9% |
| Taxes, remuneration and social security | 45 | €1,422 | - | -€1,422 | |
| Taxes | 450/3 | €1,422 | - | -€1,422 | |
| Accrued charges and deferred income | 492/3 | €325 | €776 | +€451 | +139% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,290 | €1,318 | -€971 | -42.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€386 | - | +€386 | |
| Other operating charges | 640/8 | €399 | €404 | +€5 | +1.4% |
| Gross operating margin | 9900 | €7,595 | -€8,913 | -€16,508 | |
| Operating profit (loss) | 9901 | €5,292 | -€10,636 | -€15,928 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €97 | €234 | +€137 | +142% |
| Recurring financial charges | 65 | €97 | €234 | +€137 | +142% |
| Profit (loss) for the period before taxes | 9903 | €5,196 | -€10,870 | -€16,065 | |
| Income taxes | 67/77 | €1,422 | - | -€1,422 | |
| Profit (loss) for the period | 9904 | €3,774 | -€10,870 | -€14,643 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,774 | -€10,870 | -€14,643 |
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 4 November 2026 via checked.be.