Art-Neureau: 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-Neureau
Largest movements
- Tangible fixed assets -€3,638
down €3,638 (-29.0%), from €12,539 to €8,900
- Cash -€3,402
down €3,402 (-94.9%), from €3,585 to €182
mainly Net result for the year (-€30,870)
- Deferred charges and accrued income -€2,829
down €2,829 (-38.6%), from €7,321 to €4,491
- Receivables within one year -€350
down €350 (-5.2%), from €6,763 to €6,413
of which Trade receivables: -€201
- Profit (loss) carried forward -€30,870
down €30,870 (-111%), from -€27,750 to -€58,621
- Other debts +€18,653
up €18,653 (+285%), from €6,545 to €25,199
- Trade debts +€1,438
up €1,438 (+134%), from €1,070 to €2,508
- Gross operating margin -€24,883
down €24,883 (-1,882%), from -€1,322 to -€26,205
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 | €31,324 | €20,815 | -€10,510 | -33.6% |
| Fixed assets | 21/28 | €13,656 | €9,728 | -€3,928 | -28.8% |
| Intangible fixed assets | 21 | €1,118 | €827 | -€290 | -26.0% |
| Tangible fixed assets | 22/27 | €12,539 | €8,900 | -€3,638 | -29.0% |
| Furniture and vehicles | 24 | €12,539 | €8,900 | -€3,638 | -29.0% |
| Current assets | 29/58 | €17,668 | €11,087 | -€6,581 | -37.2% |
| Amounts receivable within one year | 40/41 | €6,763 | €6,413 | -€350 | -5.2% |
| Trade receivables | 40 | €4,614 | €4,413 | -€201 | -4.4% |
| Other amounts receivable | 41 | €2,149 | €2,000 | -€149 | -6.9% |
| Cash at bank and in hand | 54/58 | €3,585 | €182 | -€3,402 | -94.9% |
| Deferred charges and accrued income | 490/1 | €7,321 | €4,491 | -€2,829 | -38.6% |
| Total equity and liabilities | 10/49 | €31,324 | €20,815 | -€10,510 | -33.6% |
| Equity | 10/15 | €23,710 | -€7,161 | -€30,870 | |
| Contributions | 10/11 | €49,600 | €49,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,750 | -€58,621 | -€30,870 | -111% |
| Amounts payable | 17/49 | €7,615 | €27,975 | +€20,360 | +267% |
| Amounts payable within one year | 42/48 | €7,615 | €27,975 | +€20,360 | +267% |
| Trade debts | 44 | €1,070 | €2,508 | +€1,438 | +134% |
| Suppliers | 440/4 | €1,070 | €2,508 | +€1,438 | +134% |
| Taxes, remuneration and social security | 45 | €0 | €268 | +€268 | |
| Taxes | 450/3 | €0 | €268 | +€268 | |
| Other amounts payable | 47/48 | €6,545 | €25,199 | +€18,653 | +285% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,928 | €3,928 | = | 0.0% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€1,322 | -€26,205 | -€24,883 | -1,882% |
| Operating profit (loss) | 9901 | -€5,756 | -€30,653 | -€24,898 | -433% |
| Financial income | 75/76B | €0 | €1 | +€1 | |
| Recurring financial income | 75 | €0 | €1 | +€1 | |
| Financial charges | 65/66B | €207 | €218 | +€11 | +5.3% |
| Recurring financial charges | 65 | €207 | €218 | +€11 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,963 | -€30,870 | -€24,907 | -418% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€5,963 | -€30,870 | -€24,907 | -418% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,963 | -€30,870 | -€24,907 | -418% |
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 26 October 2026 via checked.be.