ART IN KITCHEN: what changed
ART IN KITCHEN
Largest movements
- Receivables within one year -€6,524
down €6,524 (-26.5%), from €24,615 to €18,091
of which Trade receivables: -€10,205
- Tangible fixed assets +€4,467
up €4,467 (+15.9%), from €28,053 to €32,520
of which Furniture and vehicles: +€6,812
- Short-term financial debts -€16,221
down €16,221 (-80.5%), from €20,139 to €3,918
- Profit (loss) carried forward +€11,042
up €11,042 (+613%), from €1,801 to €12,843
- Current portion of long-term debt +€9,467
new in 2025: €9,467
- Advances received -€9,350
no longer reported in 2025 (was €9,350)
- Trade debts +€2,441
up €2,441 (+623%), from €392 to €2,833
- Staff costs -€21,455
no longer reported in 2025 (was €21,455)
- Gross operating margin -€3,451
down €3,451 (-13.2%), from €26,121 to €22,670
- Taxes +€3,090
up €3,090 (+16,263%), from €19 to €3,109
- Depreciation +€1,369
up €1,369 (+30.6%), from €4,467 to €5,836
- Other operating charges -€1,123
no longer reported in 2025 (was €1,123)
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
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €52,668 | €50,611 | -€2,057 | -3.9% |
| Fixed assets | 21/28 | €28,053 | €32,520 | +€4,467 | +15.9% |
| Tangible fixed assets | 22/27 | €28,053 | €32,520 | +€4,467 | +15.9% |
| Plant, machinery and equipment | 23 | €15,785 | €13,440 | -€2,345 | -14.9% |
| Furniture and vehicles | 24 | €12,268 | €19,080 | +€6,812 | +55.5% |
| Current assets | 29/58 | €24,615 | €18,091 | -€6,524 | -26.5% |
| Amounts receivable within one year | 40/41 | €24,615 | €18,091 | -€6,524 | -26.5% |
| Trade receivables | 40 | €20,817 | €10,612 | -€10,205 | -49.0% |
| Other amounts receivable | 41 | €3,798 | €7,479 | +€3,681 | +96.9% |
| Total equity and liabilities | 10/49 | €52,668 | €50,611 | -€2,057 | -3.9% |
| Equity | 10/15 | €20,351 | €31,393 | +€11,042 | +54.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,801 | €12,843 | +€11,042 | +613% |
| Amounts payable | 17/49 | €32,317 | €19,218 | -€13,099 | -40.5% |
| Amounts payable within one year | 42/48 | €32,317 | €19,218 | -€13,099 | -40.5% |
| Current portion of amounts payable after more than one year | 42 | - | €9,467 | +€9,467 | |
| Financial debts | 43 | €20,139 | €3,918 | -€16,221 | -80.5% |
| Credit institutions | 430/8 | €20,139 | €3,918 | -€16,221 | -80.5% |
| Trade debts | 44 | €392 | €2,833 | +€2,441 | +623% |
| Suppliers | 440/4 | €392 | €2,833 | +€2,441 | +623% |
| Advances received on contracts in progress | 46 | €9,350 | - | -€9,350 | |
| Taxes, remuneration and social security | 45 | €2,436 | €3,000 | +€564 | +23.2% |
| Taxes | 450/3 | €2,436 | €3,000 | +€564 | +23.2% |
| Remuneration, social security and pensions | 62 | €21,455 | - | -€21,455 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,467 | €5,836 | +€1,369 | +30.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€24 | -€24 | |
| Other operating charges | 640/8 | €1,123 | - | -€1,123 | |
| Gross operating margin | 9900 | €26,121 | €22,670 | -€3,451 | -13.2% |
| Operating profit (loss) | 9901 | -€924 | €16,858 | +€17,782 | |
| Financial income | 75/76B | - | €192 | +€192 | |
| Recurring financial income | 75 | - | €192 | +€192 | |
| Financial charges | 65/66B | €1,869 | €2,899 | +€1,030 | +55.1% |
| Recurring financial charges | 65 | €1,869 | €2,899 | +€1,030 | +55.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,793 | €14,151 | +€16,944 | |
| Income taxes | 67/77 | €19 | €3,109 | +€3,090 | +16,263% |
| Profit (loss) for the period | 9904 | -€2,812 | €11,042 | +€13,854 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,812 | €11,042 | +€13,854 |
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 8 November 2026 via checked.be.