ART LSC: 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 LSC
Largest movements
- Receivables within one year +€135,205
up €135,205 (+4,622%), from €2,925 to €138,130
of which Trade receivables: +€106,914
- Cash +€7,779
up €7,779 (+11,251%), from €69 to €7,848
mainly Tax, wage and social debts (+€74,688) and Trade debts (+€72,225)
- Tax, wage and social debts +€74,688
new in 2025: €74,688
of which Remuneration and social security: +€74,476
- Trade debts +€72,225
up €72,225 (+5,995%), from €1,205 to €73,429
- Profit (loss) carried forward -€3,928
down €3,928 (-324%), from -€1,211 to -€5,139
- Staff costs +€198,147
new in 2025: €198,147
- Gross operating margin +€195,663
up €195,663, from -€1,205 to €194,459
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 | €2,994 | €145,978 | +€142,984 | +4,775% |
| Current assets | 29/58 | €2,994 | €145,978 | +€142,984 | +4,775% |
| Amounts receivable within one year | 40/41 | €2,925 | €138,130 | +€135,205 | +4,622% |
| Trade receivables | 40 | €1,400 | €108,314 | +€106,914 | +7,637% |
| Other amounts receivable | 41 | €1,525 | €29,816 | +€28,291 | +1,855% |
| Cash at bank and in hand | 54/58 | €69 | €7,848 | +€7,779 | +11,251% |
| Total equity and liabilities | 10/49 | €2,994 | €145,978 | +€142,984 | +4,775% |
| Equity | 10/15 | €1,789 | -€2,139 | -€3,928 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,211 | -€5,139 | -€3,928 | -324% |
| Amounts payable | 17/49 | €1,205 | €148,117 | +€146,912 | +12,195% |
| Amounts payable within one year | 42/48 | €1,205 | €148,117 | +€146,912 | +12,195% |
| Trade debts | 44 | €1,205 | €73,429 | +€72,225 | +5,995% |
| Suppliers | 440/4 | €1,205 | €73,429 | +€72,225 | +5,995% |
| Taxes, remuneration and social security | 45 | - | €74,688 | +€74,688 | |
| Taxes | 450/3 | - | €211 | +€211 | |
| Remuneration and social security | 454/9 | - | €74,476 | +€74,476 | |
| Remuneration, social security and pensions | 62 | - | €198,147 | +€198,147 | |
| Other operating charges | 640/8 | - | €250 | +€250 | |
| Gross operating margin | 9900 | -€1,205 | €194,459 | +€195,663 | |
| Operating profit (loss) | 9901 | -€1,205 | -€3,939 | -€2,734 | -227% |
| Financial income | 75/76B | - | €84 | +€84 | |
| Recurring financial income | 75 | - | €84 | +€84 | |
| Financial charges | 65/66B | €6 | €74 | +€68 | +1,161% |
| Recurring financial charges | 65 | €6 | €74 | +€68 | +1,161% |
| Profit (loss) for the period before taxes | 9903 | -€1,211 | -€3,928 | -€2,718 | -224% |
| Profit (loss) for the period | 9904 | -€1,211 | -€3,928 | -€2,718 | -224% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,211 | -€3,928 | -€2,718 | -224% |
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 19 October 2026 via checked.be.