ART PROMOTION: 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 PROMOTION
Largest movements
- Cash +€5,094
up €5,094 (+116%), from €4,392 to €9,486
mainly Net result for the year (+€5,224) and Tax, wage and social debts (+€1,987)
- Tangible fixed assets -€312
down €312 (-9.0%), from €3,473 to €3,161
of which Plant, machinery and equipment: -€177
- Profit (loss) carried forward +€5,224
up €5,224 (+15.4%), from -€33,891 to -€28,666
- Other debts -€2,560
down €2,560 (-37.3%), from €6,864 to €4,304
- Tax, wage and social debts +€1,987
up €1,987 (+1,511%), from €132 to €2,118
- Advances received +€231
up €231 (+23.1%), from €1,000 to €1,231
- Gross operating margin +€8,470
up €8,470 (+1,124%), from €754 to €9,223
- Taxes +€1,855
up €1,855 (+1,411%), from €132 to €1,987
- Depreciation -€280
down €280 (-17.9%), from €1,567 to €1,287
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 | €12,226 | €17,116 | +€4,890 | +40.0% |
| Fixed assets | 21/28 | €4,083 | €3,771 | -€312 | -7.6% |
| Tangible fixed assets | 22/27 | €3,473 | €3,161 | -€312 | -9.0% |
| Plant, machinery and equipment | 23 | €3,121 | €2,944 | -€177 | -5.7% |
| Other tangible fixed assets | 26 | €352 | €217 | -€134 | -38.2% |
| Financial fixed assets | 28 | €610 | €610 | = | 0.0% |
| Current assets | 29/58 | €8,143 | €13,345 | +€5,202 | +63.9% |
| Amounts receivable within one year | 40/41 | €3,311 | €3,451 | +€140 | +4.2% |
| Trade receivables | 40 | €2,533 | €2,810 | +€278 | +11.0% |
| Other amounts receivable | 41 | €778 | €641 | -€138 | -17.7% |
| Cash at bank and in hand | 54/58 | €4,392 | €9,486 | +€5,094 | +116% |
| Deferred charges and accrued income | 490/1 | €440 | €408 | -€32 | -7.3% |
| Total equity and liabilities | 10/49 | €12,226 | €17,116 | +€4,890 | +40.0% |
| Equity | 10/15 | -€14,194 | -€8,970 | +€5,224 | +36.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,104 | €1,104 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,104 | €1,104 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,891 | -€28,666 | +€5,224 | +15.4% |
| Amounts payable | 17/49 | €26,420 | €26,086 | -€334 | -1.3% |
| Amounts payable after more than one year | 17 | €18,000 | €18,000 | = | 0.0% |
| Other amounts payable | 178/9 | €18,000 | €18,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €8,420 | €8,086 | -€334 | -4.0% |
| Trade debts | 44 | €425 | €433 | +€8 | +1.9% |
| Suppliers | 440/4 | €425 | €433 | +€8 | +1.9% |
| Advances received on contracts in progress | 46 | €1,000 | €1,231 | +€231 | +23.1% |
| Taxes, remuneration and social security | 45 | €132 | €2,118 | +€1,987 | +1,511% |
| Taxes | 450/3 | €132 | €2,118 | +€1,987 | +1,511% |
| Other amounts payable | 47/48 | €6,864 | €4,304 | -€2,560 | -37.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,567 | €1,287 | -€280 | -17.9% |
| Other operating charges | 640/8 | €570 | €579 | +€9 | +1.6% |
| Gross operating margin | 9900 | €754 | €9,223 | +€8,470 | +1,124% |
| Operating profit (loss) | 9901 | -€1,384 | €7,357 | +€8,740 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €138 | €146 | +€7 | +5.3% |
| Recurring financial charges | 65 | €138 | €146 | +€7 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,522 | €7,211 | +€8,733 | |
| Income taxes | 67/77 | €132 | €1,987 | +€1,855 | +1,411% |
| Profit (loss) for the period | 9904 | -€1,654 | €5,224 | +€6,878 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,654 | €5,224 | +€6,878 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.