ART ET TECHNIQUE: 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 ET TECHNIQUE
Largest movements
- Cash -€18,578
down €18,578 (-27.6%), from €67,293 to €48,715
mainly Net result for the year (-€18,573) and Receivables within one year (-€884)
- Profit (loss) carried forward -€18,573
down €18,573 (-19.2%), from €96,960 to €78,387
- Gross operating margin -€7,683
down €7,683 (-76.2%), from -€10,078 to -€17,761
- Financial income +€417
up €417 (+480%), from €87 to €504
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 | €211,312 | €192,743 | -€18,569 | -8.8% |
| Fixed assets | 21/28 | €1,187 | €1,048 | -€139 | -11.7% |
| Tangible fixed assets | 22/27 | €187 | €48 | -€139 | -74.2% |
| Furniture and vehicles | 24 | €187 | €48 | -€139 | -74.2% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €210,125 | €191,695 | -€18,430 | -8.8% |
| Stocks and contracts in progress | 3 | €119,311 | €119,236 | -€75 | -0.1% |
| Stocks | 30/36 | €119,311 | €119,236 | -€75 | -0.1% |
| Amounts receivable within one year | 40/41 | €22,860 | €23,743 | +€884 | +3.9% |
| Trade receivables | 40 | €22,386 | €23,032 | +€645 | +2.9% |
| Other amounts receivable | 41 | €474 | €712 | +€238 | +50.3% |
| Cash at bank and in hand | 54/58 | €67,293 | €48,715 | -€18,578 | -27.6% |
| Deferred charges and accrued income | 490/1 | €661 | - | -€661 | |
| Total equity and liabilities | 10/49 | €211,312 | €192,743 | -€18,569 | -8.8% |
| Equity | 10/15 | €210,533 | €191,960 | -€18,573 | -8.8% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €63,573 | €63,573 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €58,573 | €58,573 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,960 | €78,387 | -€18,573 | -19.2% |
| Amounts payable | 17/49 | €779 | €783 | +€4 | +0.6% |
| Amounts payable within one year | 42/48 | €779 | €783 | +€4 | +0.6% |
| Trade debts | 44 | €5 | €9 | +€4 | +95.3% |
| Suppliers | 440/4 | €5 | €9 | +€4 | +95.3% |
| Other amounts payable | 47/48 | €775 | €775 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €139 | €139 | = | 0.0% |
| Other operating charges | 640/8 | €857 | €884 | +€27 | +3.2% |
| Gross operating margin | 9900 | -€10,078 | -€17,761 | -€7,683 | -76.2% |
| Operating profit (loss) | 9901 | -€11,074 | -€18,784 | -€7,710 | -69.6% |
| Financial income | 75/76B | €87 | €504 | +€417 | +480% |
| Recurring financial income | 75 | €87 | €504 | +€417 | +480% |
| Financial charges | 65/66B | €46 | €143 | +€97 | +211% |
| Recurring financial charges | 65 | €46 | €143 | +€97 | +211% |
| Profit (loss) for the period before taxes | 9903 | -€11,033 | -€18,422 | -€7,389 | -67.0% |
| Income taxes | 67/77 | €26 | €151 | +€125 | +480% |
| Profit (loss) for the period | 9904 | -€11,059 | -€18,573 | -€7,514 | -67.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,059 | -€18,573 | -€7,514 | -67.9% |
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.