Art & Stone: 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 & Stone
Largest movements
- Receivables within one year -€382,716
down €382,716 (-60.1%), from €636,527 to €253,811
of which Other amounts receivable: -€407,216
- Other debts -€400,296
down €400,296 (-62.8%), from €637,137 to €236,841
- Profit (loss) carried forward +€14,876
up €14,876 (+281%), from €5,302 to €20,178
- Gross operating margin -€4,815
down €4,815 (-24.0%), from €20,041 to €15,226
- Other operating charges -€1,937
down €1,937 (-94.2%), from €2,057 to €120
- Depreciation -€368
no longer reported in 2025 (was €368)
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 | €674,659 | €288,599 | -€386,060 | -57.2% |
| Fixed assets | 21/28 | €28,800 | €28,800 | = | 0.0% |
| Financial fixed assets | 28 | €28,800 | €28,800 | = | 0.0% |
| Current assets | 29/58 | €645,859 | €259,799 | -€386,060 | -59.8% |
| Amounts receivable within one year | 40/41 | €636,527 | €253,811 | -€382,716 | -60.1% |
| Trade receivables | 40 | €28,480 | €52,980 | +€24,500 | +86.0% |
| Other amounts receivable | 41 | €608,047 | €200,831 | -€407,216 | -67.0% |
| Current investments | 50/53 | €2 | €4 | +€2 | +128% |
| Cash at bank and in hand | 54/58 | €9,330 | €5,985 | -€3,345 | -35.9% |
| Total equity and liabilities | 10/49 | €674,659 | €288,599 | -€386,060 | -57.2% |
| Equity | 10/15 | €25,702 | €40,578 | +€14,876 | +57.9% |
| Contributions | 10/11 | €20,400 | €20,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,302 | €20,178 | +€14,876 | +281% |
| Provisions and deferred taxes | 16 | €6,250 | €6,250 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €6,250 | €6,250 | = | 0.0% |
| Major repairs and maintenance | 162 | €6,250 | €6,250 | = | 0.0% |
| Amounts payable | 17/49 | €642,706 | €241,771 | -€400,936 | -62.4% |
| Amounts payable within one year | 42/48 | €642,706 | €241,771 | -€400,936 | -62.4% |
| Trade debts | 44 | €5,569 | €4,930 | -€640 | -11.5% |
| Suppliers | 440/4 | €5,569 | €4,930 | -€640 | -11.5% |
| Other amounts payable | 47/48 | €637,137 | €236,841 | -€400,296 | -62.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €368 | - | -€368 | |
| Other operating charges | 640/8 | €2,057 | €120 | -€1,937 | -94.2% |
| Gross operating margin | 9900 | €20,041 | €15,226 | -€4,815 | -24.0% |
| Operating profit (loss) | 9901 | €17,616 | €15,106 | -€2,510 | -14.2% |
| Financial income | 75/76B | €8 | €2 | -€6 | -74.6% |
| Recurring financial income | 75 | €8 | €2 | -€6 | -74.6% |
| Financial charges | 65/66B | €368 | €232 | -€136 | -37.0% |
| Recurring financial charges | 65 | €368 | €232 | -€136 | -37.0% |
| Profit (loss) for the period before taxes | 9903 | €17,256 | €14,876 | -€2,380 | -13.8% |
| Profit (loss) for the period | 9904 | €17,256 | €14,876 | -€2,380 | -13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €17,256 | €14,876 | -€2,380 | -13.8% |
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.