ART FLOOR: 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 FLOOR
Largest movements
- Tangible fixed assets +€59,224
up €59,224 (+133%), from €44,405 to €103,630
of which Furniture and vehicles: +€58,993
- Receivables within one year -€38,177
down €38,177 (-14.9%), from €255,853 to €217,676
of which Trade receivables: -€73,012
- Cash -€32,367
down €32,367 (-62.3%), from €51,929 to €19,562
mainly Investment in fixed assets (net) (-€91,600) and Contributions, distributions and other (-€90,000)
- Other debts +€55,000
up €55,000 (+157%), from €35,000 to €90,000
- Reserves +€46,118
up €46,118 (+48.1%), from €95,959 to €142,078
of which Distributable reserves: +€46,118
- Tax, wage and social debts -€42,422
down €42,422 (-88.8%), from €47,750 to €5,328
- Profit (loss) carried forward -€30,000
down €30,000 (-29.6%), from €101,518 to €71,518
- Debts after one year -€20,030
down €20,030 (-29.8%), from €67,247 to €47,217
- Gross operating margin +€48,301
up €48,301 (+40.9%), from €118,153 to €166,454
- Taxes -€13,276
down €13,276 (-50.2%), from €26,439 to €13,163
- Depreciation -€11,826
down €11,826 (-26.8%), from €44,203 to €32,376
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 | €473,841 | €464,163 | -€9,677 | -2.0% |
| Fixed assets | 21/28 | €44,405 | €103,630 | +€59,224 | +133% |
| Tangible fixed assets | 22/27 | €44,405 | €103,630 | +€59,224 | +133% |
| Plant, machinery and equipment | 23 | €8,107 | €8,339 | +€231 | +2.9% |
| Furniture and vehicles | 24 | €36,298 | €95,291 | +€58,993 | +163% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €429,435 | €360,534 | -€68,901 | -16.0% |
| Amounts receivable after more than one year | 29 | €116,000 | €116,000 | = | 0.0% |
| Other amounts receivable | 291 | €116,000 | €116,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €255,853 | €217,676 | -€38,177 | -14.9% |
| Trade receivables | 40 | €188,609 | €115,597 | -€73,012 | -38.7% |
| Other amounts receivable | 41 | €67,244 | €102,079 | +€34,835 | +51.8% |
| Cash at bank and in hand | 54/58 | €51,929 | €19,562 | -€32,367 | -62.3% |
| Deferred charges and accrued income | 490/1 | €5,653 | €7,296 | +€1,643 | +29.1% |
| Total equity and liabilities | 10/49 | €473,841 | €464,163 | -€9,677 | -2.0% |
| Equity | 10/15 | €203,678 | €219,796 | +€16,118 | +7.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €95,959 | €142,078 | +€46,118 | +48.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €94,099 | €140,218 | +€46,118 | +49.0% |
| Profit (loss) carried forward | 14 | €101,518 | €71,518 | -€30,000 | -29.6% |
| Amounts payable | 17/49 | €270,163 | €244,367 | -€25,796 | -9.5% |
| Amounts payable after more than one year | 17 | €67,247 | €47,217 | -€20,030 | -29.8% |
| Financial debts | 170/4 | €67,247 | €47,217 | -€20,030 | -29.8% |
| Amounts payable within one year | 42/48 | €202,491 | €196,200 | -€6,291 | -3.1% |
| Current portion of amounts payable after more than one year | 42 | €33,989 | €20,030 | -€13,959 | -41.1% |
| Trade debts | 44 | €85,752 | €80,842 | -€4,910 | -5.7% |
| Suppliers | 440/4 | €85,752 | €80,842 | -€4,910 | -5.7% |
| Taxes, remuneration and social security | 45 | €47,750 | €5,328 | -€42,422 | -88.8% |
| Taxes | 450/3 | €47,750 | €5,328 | -€42,422 | -88.8% |
| Other amounts payable | 47/48 | €35,000 | €90,000 | +€55,000 | +157% |
| Accrued charges and deferred income | 492/3 | €425 | €950 | +€525 | +124% |
| Non-recurring operating income | 76A | - | €38,674 | +€38,674 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,203 | €32,376 | -€11,826 | -26.8% |
| Other operating charges | 640/8 | €5,039 | €4,169 | -€871 | -17.3% |
| Non-recurring operating charges | 66A | €0 | €11,319 | +€11,319 | |
| Gross operating margin | 9900 | €118,153 | €166,454 | +€48,301 | +40.9% |
| Operating profit (loss) | 9901 | €68,911 | €118,590 | +€49,679 | +72.1% |
| Financial income | 75/76B | €3,691 | €5,283 | +€1,593 | +43.2% |
| Recurring financial income | 75 | €3,691 | €5,283 | +€1,593 | +43.2% |
| Financial charges | 65/66B | €3,976 | €4,592 | +€615 | +15.5% |
| Recurring financial charges | 65 | €3,976 | €4,592 | +€615 | +15.5% |
| Profit (loss) for the period before taxes | 9903 | €68,625 | €119,282 | +€50,656 | +73.8% |
| Income taxes | 67/77 | €26,439 | €13,163 | -€13,276 | -50.2% |
| Profit (loss) for the period | 9904 | €42,186 | €106,118 | +€63,932 | +152% |
| Profit (loss) for the period to be appropriated | 9905 | €42,186 | €106,118 | +€63,932 | +152% |
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 28 October 2026 via checked.be.