Art Premier: 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.
What changed
Art Premier
NACE 47.690, Retail sale of other cultural and recreation goods
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€106,673
2024 · €58,237+€48,436
Equity
€578,099
2024 · €471,426+€106,673
Cash
€270
2024 · €270
Balance sheet total
€2.3m
2024 · €2.2m+€19,711
Largest movements
Assets
- Stocks and contracts +€202,439
up €202,439 (+10.5%), from €1.9m to €2.1m
- Receivables within one year -€133,127
down €133,127 (-79.1%), from €168,395 to €35,268
of which Trade receivables: -€113,698
- Deferred charges and accrued income -€41,225
down €41,225 (-33.6%), from €122,745 to €81,520
Equity and liabilities
- Debts after one year -€159,500
down €159,500 (-14.3%), from €1.1m to €956,925
- Profit (loss) carried forward +€106,673
up €106,673 (+23.7%), from €450,966 to €557,639
- Trade debts +€82,869
up €82,869 (+16.6%), from €497,912 to €580,781
Income statement
- Gross operating margin +€141,581
up €141,581 (+211%), from €67,116 to €208,697
- Write-downs +€73,130
up €73,130, from -€38,875 to €34,255
- Taxes +€22,856
up €22,856 (+86.7%), from €26,368 to €49,224
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.
Result 2024
€58,237
Gross operating margin
+€141,581
Staff costs
+€322
Depreciation
+€134
Write-downs
-€73,130
Other operating charges
+€184
Financial income
+€1,043
Financial charges
+€1,158
Taxes
-€22,856
Result 2025
€106,673
raises the resultlowers the result
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.
From operations
+€174,004
Investment
€0
Financing
-€174,004
Cash 2024
€270
From operations (derived)
+€174,004
Net result for the year
+€106,673
Depreciation
+€8,375
Stocks and contracts
-€202,439
Receivables within one year
+€133,127
Deferred charges and accrued income
+€41,225
Trade debts
+€82,869
Tax, wage and social debts
+€20,568
Other debts
-€19,654
Accrued charges and deferred income
+€3,259
Financing
-€174,004
Debts after one year
-€159,500
Short-term financial debts
-€14,504
Cash 2025
€270
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,230,418 | €2,250,130 | +€19,711 | +0.9% |
| Fixed assets | 21/28 | €13,271 | €4,896 | -€8,375 | -63.1% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €13,121 | €4,746 | -€8,375 | -63.8% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €13,121 | €4,746 | -€8,375 | -63.8% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €2,217,147 | €2,245,234 | +€28,087 | +1.3% |
| Stocks and contracts in progress | 3 | €1,925,738 | €2,128,177 | +€202,439 | +10.5% |
| Stocks | 30/36 | €1,925,738 | €2,128,177 | +€202,439 | +10.5% |
| Amounts receivable within one year | 40/41 | €168,395 | €35,268 | -€133,127 | -79.1% |
| Trade receivables | 40 | €140,282 | €26,585 | -€113,698 | -81.0% |
| Other amounts receivable | 41 | €28,112 | €8,683 | -€19,429 | -69.1% |
| Cash at bank and in hand | 54/58 | €270 | €270 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €122,745 | €81,520 | -€41,225 | -33.6% |
| Total equity and liabilities | 10/49 | €2,230,418 | €2,250,130 | +€19,711 | +0.9% |
| Equity | 10/15 | €471,426 | €578,099 | +€106,673 | +22.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €450,966 | €557,639 | +€106,673 | +23.7% |
| Amounts payable | 17/49 | €1,758,992 | €1,672,030 | -€86,962 | -4.9% |
| Amounts payable after more than one year | 17 | €1,116,425 | €956,925 | -€159,500 | -14.3% |
| Other amounts payable | 178/9 | €1,116,425 | €956,925 | -€159,500 | -14.3% |
| Amounts payable within one year | 42/48 | €635,129 | €704,408 | +€69,279 | +10.9% |
| Financial debts | 43 | €73,761 | €59,258 | -€14,504 | -19.7% |
| Credit institutions | 430/8 | €72,130 | €57,643 | -€14,488 | -20.1% |
| Other loans | 439 | €1,631 | €1,615 | -€16 | -1.0% |
| Trade debts | 44 | €497,912 | €580,781 | +€82,869 | +16.6% |
| Suppliers | 440/4 | €497,912 | €580,781 | +€82,869 | +16.6% |
| Taxes, remuneration and social security | 45 | €43,053 | €63,621 | +€20,568 | +47.8% |
| Taxes | 450/3 | €43,053 | €63,621 | +€20,568 | +47.8% |
| Other amounts payable | 47/48 | €20,402 | €748 | -€19,654 | -96.3% |
| Accrued charges and deferred income | 492/3 | €7,438 | €10,697 | +€3,259 | +43.8% |
| Remuneration, social security and pensions | 62 | €322 | - | -€322 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,510 | €8,375 | -€134 | -1.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€38,875 | €34,255 | +€73,130 | |
| Other operating charges | 640/8 | €2,188 | €2,003 | -€184 | -8.4% |
| Gross operating margin | 9900 | €67,116 | €208,697 | +€141,581 | +211% |
| Operating profit (loss) | 9901 | €94,971 | €164,062 | +€69,091 | +72.7% |
| Financial income | 75/76B | - | €1,043 | +€1,043 | |
| Recurring financial income | 75 | - | €1,043 | +€1,043 | |
| Financial charges | 65/66B | €10,366 | €9,208 | -€1,158 | -11.2% |
| Recurring financial charges | 65 | €10,366 | €9,208 | -€1,158 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €84,605 | €155,897 | +€71,292 | +84.3% |
| Income taxes | 67/77 | €26,368 | €49,224 | +€22,856 | +86.7% |
| Profit (loss) for the period | 9904 | €58,237 | €106,673 | +€48,436 | +83.2% |
| Profit (loss) for the period to be appropriated | 9905 | €58,237 | €106,673 | +€48,436 | +83.2% |
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.