ART & STYLE: 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 & STYLE
Largest movements
- Cash +€2,249
up €2,249 (+13.7%), from €16,437 to €18,686
mainly Net result for the year (+€2,719)
- Profit (loss) carried forward +€2,719
up €2,719, from -€2,138 to €581
- Accrued charges and deferred income -€213
no longer reported in 2025 (was €213)
- Gross operating margin +€200
up €200 (+5.5%), from €3,651 to €3,851
- Taxes +€44
up €44 (+5.1%), from €862 to €906
- Other operating charges +€40
up €40 (+23.3%), from €170 to €210
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 | €18,479 | €20,986 | +€2,506 | +13.6% |
| Current assets | 29/58 | €18,479 | €20,986 | +€2,506 | +13.6% |
| Amounts receivable within one year | 40/41 | €1,497 | €1,660 | +€164 | +10.9% |
| Trade receivables | 40 | €1,300 | €1,484 | +€184 | +14.1% |
| Other amounts receivable | 41 | €197 | €177 | -€20 | -10.2% |
| Cash at bank and in hand | 54/58 | €16,437 | €18,686 | +€2,249 | +13.7% |
| Deferred charges and accrued income | 490/1 | €546 | €640 | +€94 | +17.2% |
| Total equity and liabilities | 10/49 | €18,479 | €20,986 | +€2,506 | +13.6% |
| Equity | 10/15 | €18,267 | €20,986 | +€2,719 | +14.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,138 | €581 | +€2,719 | |
| Amounts payable | 17/49 | €213 | - | -€213 | |
| Accrued charges and deferred income | 492/3 | €213 | - | -€213 | |
| Other operating charges | 640/8 | €170 | €210 | +€40 | +23.3% |
| Gross operating margin | 9900 | €3,651 | €3,851 | +€200 | +5.5% |
| Operating profit (loss) | 9901 | €3,481 | €3,641 | +€160 | +4.6% |
| Financial income | 75/76B | - | €8 | +€8 | |
| Recurring financial income | 75 | - | €8 | +€8 | |
| Financial charges | 65/66B | €32 | €24 | -€8 | -26.0% |
| Recurring financial charges | 65 | €32 | €24 | -€8 | -26.0% |
| Profit (loss) for the period before taxes | 9903 | €3,448 | €3,625 | +€177 | +5.1% |
| Income taxes | 67/77 | €862 | €906 | +€44 | +5.1% |
| Profit (loss) for the period | 9904 | €2,586 | €2,719 | +€133 | +5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,586 | €2,719 | +€133 | +5.1% |
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 25 October 2026 via checked.be.