ART IN RELATIONAL TECHNICS AND SOFTWARE ENGINEERING: what changed
ART IN RELATIONAL TECHNICS AND SOFTWARE ENGINEERING
Largest movements
- Tangible fixed assets -€1,899
down €1,899 (-9.2%), from €20,755 to €18,856
of which Land and buildings: -€1,539
- Cash +€982
up €982 (+125%), from €785 to €1,767
mainly Depreciation (+€1,899) and Deferred charges and accrued income (+€932)
- Deferred charges and accrued income -€932
down €932 (-86.3%), from €1,080 to €148
- Other debts -€908
down €908 (-2.2%), from €41,512 to €40,603
- Profit (loss) carried forward -€565
down €565 (-1.1%), from -€50,870 to -€51,435
- Trade debts -€376
down €376 (-57.8%), from €650 to €274
- Gross operating margin -€3,744
down €3,744 (-55.5%), from €6,749 to €3,005
- Other operating charges -€920
down €920 (-36.6%), from €2,512 to €1,593
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 | €22,620 | €20,771 | -€1,849 | -8.2% |
| Fixed assets | 21/28 | €20,755 | €18,856 | -€1,899 | -9.2% |
| Tangible fixed assets | 22/27 | €20,755 | €18,856 | -€1,899 | -9.2% |
| Land and buildings | 22 | €19,945 | €18,406 | -€1,539 | -7.7% |
| Plant, machinery and equipment | 23 | €810 | €450 | -€360 | -44.4% |
| Current assets | 29/58 | €1,864 | €1,914 | +€50 | +2.7% |
| Cash at bank and in hand | 54/58 | €785 | €1,767 | +€982 | +125% |
| Deferred charges and accrued income | 490/1 | €1,080 | €148 | -€932 | -86.3% |
| Total equity and liabilities | 10/49 | €22,620 | €20,771 | -€1,849 | -8.2% |
| Equity | 10/15 | -€29,272 | -€29,838 | -€565 | -1.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €3,006 | €3,006 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,006 | €3,006 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,006 | €3,006 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,870 | -€51,435 | -€565 | -1.1% |
| Amounts payable | 17/49 | €51,892 | €50,608 | -€1,284 | -2.5% |
| Amounts payable after more than one year | 17 | €9,731 | €9,731 | = | 0.0% |
| Financial debts | 170/4 | €8,945 | €8,945 | = | 0.0% |
| Other amounts payable | 178/9 | €786 | €786 | = | 0.0% |
| Amounts payable within one year | 42/48 | €42,162 | €40,878 | -€1,284 | -3.0% |
| Trade debts | 44 | €650 | €274 | -€376 | -57.8% |
| Suppliers | 440/4 | €650 | €274 | -€376 | -57.8% |
| Other amounts payable | 47/48 | €41,512 | €40,603 | -€908 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,899 | €1,899 | = | 0.0% |
| Other operating charges | 640/8 | €2,512 | €1,593 | -€920 | -36.6% |
| Gross operating margin | 9900 | €6,749 | €3,005 | -€3,744 | -55.5% |
| Operating profit (loss) | 9901 | €2,337 | -€487 | -€2,824 | |
| Financial charges | 65/66B | €85 | €78 | -€7 | -7.9% |
| Recurring financial charges | 65 | €85 | €78 | -€7 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €2,252 | -€565 | -€2,817 | |
| Profit (loss) for the period | 9904 | €2,252 | -€565 | -€2,817 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,252 | -€565 | -€2,817 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.