Art-ID: what changed
Two fiscal 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-ID
Largest movements
- Cash +€1.3m
up €1.3m (+141.9%), from €931,749 to €2.3m
mainly Net result for the year (+€1.8m) and Other debts (+€936,197)
- Tangible fixed assets -€118,443
down €118,443 (-5.9%), from €2.0m to €1.9m
of which Land and buildings: -€64,462
- Current investments +€97,550
up €97,550 (+6.5%), from €1.5m to €1.6m
- Receivables within one year +€73,276
up €73,276 (+21.9%), from €334,894 to €408,171
of which Trade receivables: +€92,881
- Other debts +€936,197
up €936,197 (+1212.4%), from €77,216 to €1.0m
- Reserves +€462,303
up €462,303 (+11.5%), from €4.0m to €4.5m
of which Distributable reserves: +€462,303
- Gross operating margin +€1.1m
up €1.1m (+74.9%), from €1.5m to €2.6m
- Taxes +€313,945
up €313,945 (+97.8%), from €320,873 to €634,818
- Financial income +€38,414
up €38,414 (+49.6%), from €77,472 to €115,886
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.
Cash bridge derived
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 | €5,171,546 | €6,524,567 | +€1.4m | +26.2% |
| Fixed assets | 21/28 | €2,022,620 | €1,905,435 | -€117,185 | -5.8% |
| Intangible fixed assets | 21 | €3,506 | €1,014 | -€2,492 | -71.1% |
| Tangible fixed assets | 22/27 | €2,015,113 | €1,896,671 | -€118,443 | -5.9% |
| Land and buildings | 22 | €1,633,753 | €1,569,290 | -€64,462 | -3.9% |
| Plant, machinery and equipment | 23 | €63,869 | €44,411 | -€19,458 | -30.5% |
| Furniture and vehicles | 24 | €303,492 | €268,970 | -€34,522 | -11.4% |
| Other tangible fixed assets | 26 | €14,000 | €14,000 | = | 0.0% |
| Financial fixed assets | 28 | €4,000 | €7,750 | +€3,750 | +93.8% |
| Current assets | 29/58 | €3,148,926 | €4,619,132 | +€1.5m | +46.7% |
| Stocks and contracts in progress | 3 | €369,156 | €347,675 | -€21,481 | -5.8% |
| Stocks | 30/36 | €369,156 | €347,675 | -€21,481 | -5.8% |
| Amounts receivable within one year | 40/41 | €334,894 | €408,171 | +€73,276 | +21.9% |
| Trade receivables | 40 | €77,050 | €169,931 | +€92,881 | +120.5% |
| Other amounts receivable | 41 | €257,845 | €238,240 | -€19,605 | -7.6% |
| Current investments | 50/53 | €1,508,687 | €1,606,237 | +€97,550 | +6.5% |
| Cash at bank and in hand | 54/58 | €931,749 | €2,253,924 | +€1.3m | +141.9% |
| Deferred charges and accrued income | 490/1 | €4,439 | €3,124 | -€1,315 | -29.6% |
| Total equity and liabilities | 10/49 | €5,171,546 | €6,524,567 | +€1.4m | +26.2% |
| Equity | 10/15 | €4,027,316 | €4,489,619 | +€462,303 | +11.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €4,007,316 | €4,469,619 | +€462,303 | +11.5% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €4,005,316 | €4,467,619 | +€462,303 | +11.5% |
| Amounts payable | 17/49 | €1,144,230 | €2,034,948 | +€890,718 | +77.8% |
| Amounts payable after more than one year | 17 | €569,813 | €519,279 | -€50,534 | -8.9% |
| Financial debts | 170/4 | €569,813 | €519,279 | -€50,534 | -8.9% |
| Amounts payable within one year | 42/48 | €540,771 | €1,477,096 | +€936,325 | +173.1% |
| Current portion of amounts payable after more than one year | 42 | €76,247 | €77,632 | +€1,384 | +1.8% |
| Trade debts | 44 | €168,327 | €155,828 | -€12,500 | -7.4% |
| Suppliers | 440/4 | €168,327 | €155,828 | -€12,500 | -7.4% |
| Advances received on contracts in progress | 46 | €114,021 | €110,650 | -€3,371 | -3.0% |
| Taxes, remuneration and social security | 45 | €104,960 | €119,574 | +€14,614 | +13.9% |
| Taxes | 450/3 | €104,960 | €119,574 | +€14,614 | +13.9% |
| Other amounts payable | 47/48 | €77,216 | €1,013,413 | +€936,197 | +1212.4% |
| Accrued charges and deferred income | 492/3 | €33,645 | €38,573 | +€4,927 | +14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €193,317 | €217,242 | +€23,924 | +12.4% |
| Other operating charges | 640/8 | €24,447 | €24,651 | +€204 | +0.8% |
| Gross operating margin | 9900 | €1,463,992 | €2,560,431 | +€1.1m | +74.9% |
| Operating profit (loss) | 9901 | €1,246,228 | €2,318,539 | +€1.1m | +86.0% |
| Financial income | 75/76B | €77,472 | €115,886 | +€38,414 | +49.6% |
| Recurring financial income | 75 | €77,472 | €115,886 | +€38,414 | +49.6% |
| Financial charges | 65/66B | €36,812 | €43,186 | +€6,374 | +17.3% |
| Recurring financial charges | 65 | €36,812 | €43,186 | +€6,374 | +17.3% |
| Profit (loss) for the period before taxes | 9903 | €1,286,888 | €2,391,239 | +€1.1m | +85.8% |
| Income taxes | 67/77 | €320,873 | €634,818 | +€313,945 | +97.8% |
| Profit (loss) for the period | 9904 | €966,015 | €1,756,421 | +€790,405 | +81.8% |
| Transfer from tax-exempt reserves | 789 | €18,750 | - | -€18,750 | |
| Profit (loss) for the period to be appropriated | 9905 | €984,765 | €1,756,421 | +€771,655 | +78.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.