ART MAINTENANCE: 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 MAINTENANCE
Largest movements
- Receivables within one year -€10,820
down €10,820 (-99.3%), from €10,897 to €77
of which Trade receivables: -€9,940
- Tangible fixed assets -€2,086
down €2,086 (-19.1%), from €10,924 to €8,837
of which Furniture and vehicles: -€2,086
- Tax, wage and social debts -€11,633
down €11,633 (-56.0%), from €20,761 to €9,128
of which Remuneration and social security: -€12,200
- Profit (loss) carried forward +€9,444
up €9,444 (+11.9%), from -€79,335 to -€69,892
- Trade debts -€6,603
down €6,603 (-42.3%), from €15,610 to €9,007
- Other debts -€4,310
down €4,310 (-9.3%), from €46,297 to €41,987
- Gross operating margin +€33,404
up €33,404, from -€21,637 to €11,767
- Other operating charges -€802
down €802 (-88.9%), from €902 to €100
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 | €22,050 | €8,948 | -€13,102 | -59.4% |
| Fixed assets | 21/28 | €10,924 | €8,837 | -€2,086 | -19.1% |
| Tangible fixed assets | 22/27 | €10,924 | €8,837 | -€2,086 | -19.1% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €10,924 | €8,837 | -€2,086 | -19.1% |
| Current assets | 29/58 | €11,126 | €110 | -€11,016 | -99.0% |
| Amounts receivable within one year | 40/41 | €10,897 | €77 | -€10,820 | -99.3% |
| Trade receivables | 40 | €9,940 | - | -€9,940 | |
| Other amounts receivable | 41 | €957 | €77 | -€880 | -92.0% |
| Cash at bank and in hand | 54/58 | €17 | €34 | +€17 | +97.5% |
| Deferred charges and accrued income | 490/1 | €212 | - | -€212 | |
| Total equity and liabilities | 10/49 | €22,050 | €8,948 | -€13,102 | -59.4% |
| Equity | 10/15 | -€60,617 | -€51,173 | +€9,444 | +15.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €118 | €118 | = | 0.0% |
| Non-distributable reserves | 130/1 | €118 | €118 | = | 0.0% |
| Reserves not available under the articles | 1311 | €118 | €118 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€79,335 | -€69,892 | +€9,444 | +11.9% |
| Amounts payable | 17/49 | €82,667 | €60,121 | -€22,546 | -27.3% |
| Amounts payable within one year | 42/48 | €82,667 | €60,121 | -€22,546 | -27.3% |
| Trade debts | 44 | €15,610 | €9,007 | -€6,603 | -42.3% |
| Suppliers | 440/4 | €15,610 | €9,007 | -€6,603 | -42.3% |
| Taxes, remuneration and social security | 45 | €20,761 | €9,128 | -€11,633 | -56.0% |
| Taxes | 450/3 | €8,561 | €9,128 | +€567 | +6.6% |
| Remuneration and social security | 454/9 | €12,200 | - | -€12,200 | |
| Other amounts payable | 47/48 | €46,297 | €41,987 | -€4,310 | -9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,090 | €2,086 | -€4 | -0.2% |
| Other operating charges | 640/8 | €902 | €100 | -€802 | -88.9% |
| Gross operating margin | 9900 | -€21,637 | €11,767 | +€33,404 | |
| Operating profit (loss) | 9901 | -€24,629 | €9,581 | +€34,209 | |
| Financial income | 75/76B | €24 | - | -€24 | |
| Recurring financial income | 75 | €24 | - | -€24 | |
| Financial charges | 65/66B | €266 | €137 | -€129 | -48.5% |
| Recurring financial charges | 65 | €266 | €137 | -€129 | -48.5% |
| Profit (loss) for the period before taxes | 9903 | -€24,871 | €9,444 | +€34,315 | |
| Income taxes | 67/77 | €24 | - | -€24 | |
| Profit (loss) for the period | 9904 | -€24,896 | €9,444 | +€34,339 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,896 | €9,444 | +€34,339 |
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 20 October 2026 via checked.be.