ART STRUCTO: what changed
Two fiscal 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 STRUCTO
Largest movements
- Tangible fixed assets -€22,329
down €22,329 (-6.2%), from €360,531 to €338,202
- Receivables within one year +€13,925
up €13,925 (+12.3%), from €113,180 to €127,105
- Cash +€7,225
up €7,225 (+16.1%), from €44,850 to €52,075
mainly Depreciation (+€22,329)
No liability line moved by more than 1% of the balance sheet total.
- Other operating charges +€183
up €183 (+7.0%), from €2,604 to €2,788
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.
Cash bridge derived
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 | €521,104 | €519,991 | -€1,113 | -0.2% |
| Fixed assets | 21/28 | €360,531 | €338,202 | -€22,329 | -6.2% |
| Tangible fixed assets | 22/27 | €360,531 | €338,202 | -€22,329 | -6.2% |
| Land and buildings | 22 | €360,531 | €338,202 | -€22,329 | -6.2% |
| Current assets | 29/58 | €160,574 | €181,789 | +€21,215 | +13.2% |
| Amounts receivable within one year | 40/41 | €113,180 | €127,105 | +€13,925 | +12.3% |
| Other amounts receivable | 41 | €113,180 | €127,105 | +€13,925 | +12.3% |
| Cash at bank and in hand | 54/58 | €44,850 | €52,075 | +€7,225 | +16.1% |
| Deferred charges and accrued income | 490/1 | €2,544 | €2,609 | +€65 | +2.6% |
| Total equity and liabilities | 10/49 | €521,104 | €519,991 | -€1,113 | -0.2% |
| Equity | 10/15 | €521,104 | €519,991 | -€1,113 | -0.2% |
| Contributions | 10/11 | €900,000 | €900,000 | = | 0.0% |
| Capital | 10 | €900,000 | €900,000 | = | 0.0% |
| Issued capital | 100 | €900,000 | €900,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€378,896 | -€380,009 | -€1,113 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,250 | €22,329 | +€79 | +0.4% |
| Other operating charges | 640/8 | €2,604 | €2,788 | +€183 | +7.0% |
| Gross operating margin | 9900 | €18,092 | €17,926 | -€166 | -0.9% |
| Operating profit (loss) | 9901 | -€6,762 | -€7,190 | -€428 | -6.3% |
| Financial income | 75/76B | €6,242 | €6,322 | +€79 | +1.3% |
| Recurring financial income | 75 | €6,242 | €6,322 | +€79 | +1.3% |
| Financial charges | 65/66B | €134 | €245 | +€112 | +83.5% |
| Recurring financial charges | 65 | €134 | €245 | +€112 | +83.5% |
| Profit (loss) for the period before taxes | 9903 | -€653 | -€1,113 | -€461 | -70.5% |
| Profit (loss) for the period | 9904 | -€653 | -€1,113 | -€461 | -70.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€653 | -€1,113 | -€461 | -70.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.