Art & Technics: 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 & Technics
Largest movements
- Receivables within one year +€4,858
up €4,858 (+1.9%), from €255,599 to €260,457
of which Other amounts receivable: +€4,067
- Cash +€3,344
up €3,344 (+13.1%), from €25,583 to €28,927
mainly Net result for the year (+€34,424) and Trade debts (+€3,057)
- Reserves +€28,252
up €28,252 (+29.1%), from €97,039 to €125,291
- Other debts -€15,268
down €15,268 (-70.9%), from €21,540 to €6,272
- Tax, wage and social debts -€6,020
down €6,020 (-15.2%), from €39,643 to €33,623
- Trade debts +€3,057
up €3,057 (+983%), from €311 to €3,368
- Gross operating margin +€2,210
up €2,210 (+5.5%), from €40,445 to €42,655
- Taxes +€1,620
up €1,620 (+13.7%), from €11,843 to €13,463
- Financial charges -€531
down €531 (-46.8%), from €1,134 to €603
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 | €282,648 | €292,669 | +€10,021 | +3.5% |
| Fixed assets | 21/28 | €209 | €1,120 | +€911 | +436% |
| Tangible fixed assets | 22/27 | €209 | €1,120 | +€911 | +436% |
| Furniture and vehicles | 24 | €209 | €1,120 | +€911 | +436% |
| Current assets | 29/58 | €282,439 | €291,549 | +€9,110 | +3.2% |
| Amounts receivable within one year | 40/41 | €255,599 | €260,457 | +€4,858 | +1.9% |
| Trade receivables | 40 | €10,981 | €11,772 | +€791 | +7.2% |
| Other amounts receivable | 41 | €244,618 | €248,685 | +€4,067 | +1.7% |
| Cash at bank and in hand | 54/58 | €25,583 | €28,927 | +€3,344 | +13.1% |
| Deferred charges and accrued income | 490/1 | €1,257 | €2,165 | +€908 | +72.2% |
| Total equity and liabilities | 10/49 | €282,648 | €292,669 | +€10,021 | +3.5% |
| Equity | 10/15 | €216,154 | €244,406 | +€28,252 | +13.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €97,039 | €125,291 | +€28,252 | +29.1% |
| Distributable reserves | 133 | €97,039 | €125,291 | +€28,252 | +29.1% |
| Profit (loss) carried forward | 14 | €100,515 | €100,515 | = | 0.0% |
| Amounts payable | 17/49 | €66,494 | €48,263 | -€18,231 | -27.4% |
| Amounts payable within one year | 42/48 | €66,494 | €48,263 | -€18,231 | -27.4% |
| Current portion of amounts payable after more than one year | 42 | €5,000 | €5,000 | = | 0.0% |
| Trade debts | 44 | €311 | €3,368 | +€3,057 | +983% |
| Suppliers | 440/4 | €311 | €3,368 | +€3,057 | +983% |
| Taxes, remuneration and social security | 45 | €39,643 | €33,623 | -€6,020 | -15.2% |
| Taxes | 450/3 | €39,643 | €33,623 | -€6,020 | -15.2% |
| Other amounts payable | 47/48 | €21,540 | €6,272 | -€15,268 | -70.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €505 | €230 | -€275 | -54.5% |
| Other operating charges | 640/8 | €1,298 | €1,537 | +€239 | +18.4% |
| Gross operating margin | 9900 | €40,445 | €42,655 | +€2,210 | +5.5% |
| Operating profit (loss) | 9901 | €38,642 | €40,888 | +€2,246 | +5.8% |
| Financial income | 75/76B | €7,600 | €7,602 | +€2 | 0.0% |
| Recurring financial income | 75 | €7,600 | €7,602 | +€2 | 0.0% |
| Financial charges | 65/66B | €1,134 | €603 | -€531 | -46.8% |
| Recurring financial charges | 65 | €1,134 | €603 | -€531 | -46.8% |
| Profit (loss) for the period before taxes | 9903 | €45,108 | €47,887 | +€2,779 | +6.2% |
| Income taxes | 67/77 | €11,843 | €13,463 | +€1,620 | +13.7% |
| Profit (loss) for the period | 9904 | €33,265 | €34,424 | +€1,159 | +3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €33,265 | €34,424 | +€1,159 | +3.5% |
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 17 October 2026 via checked.be.