ART-TIME: 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-TIME
Largest movements
- Cash -€26,745
down €26,745 (-51.5%), from €51,912 to €25,167
mainly Other debts (-€30,000) and Trade debts (-€2,318)
- Receivables within one year -€5,447
down €5,447 (-62.6%), from €8,701 to €3,254
of which Other amounts receivable: -€4,597
- Stocks and contracts +€1,867
up €1,867 (+100.8%), from €1,852 to €3,719
- Tangible fixed assets +€1,356
new in 2025: €1,356
- Other debts -€30,000
no longer reported in 2025 (was €30,000)
- Trade debts -€2,318
down €2,318 (-61.6%), from €3,763 to €1,445
- Profit (loss) carried forward +€2,005
up €2,005 (+31.3%), from €6,400 to €8,405
- Tax, wage and social debts +€1,343
up €1,343 (+36.0%), from €3,736 to €5,079
- Gross operating margin -€6,337
down €6,337 (-52.1%), from €12,155 to €5,818
- Turnover -€5,638
down €5,638 (-5.9%), from €95,361 to €89,723
- Taxes -€2,188
down €2,188, from €1,366 to -€822
- Financial charges -€1,523
down €1,523 (-56.9%), from €2,678 to €1,155
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 | €71,167 | €42,198 | -€28,969 | -40.7% |
| Fixed assets | 21/28 | €8,702 | €10,058 | +€1,356 | +15.6% |
| Tangible fixed assets | 22/27 | - | €1,356 | +€1,356 | |
| Furniture and vehicles | 24 | - | €1,356 | +€1,356 | |
| Financial fixed assets | 28 | €8,702 | €8,702 | = | 0.0% |
| Current assets | 29/58 | €62,465 | €32,140 | -€30,325 | -48.5% |
| Stocks and contracts in progress | 3 | €1,852 | €3,719 | +€1,867 | +100.8% |
| Stocks | 30/36 | €1,852 | €3,719 | +€1,867 | +100.8% |
| Amounts receivable within one year | 40/41 | €8,701 | €3,254 | -€5,447 | -62.6% |
| Trade receivables | 40 | €850 | - | -€850 | |
| Other amounts receivable | 41 | €7,851 | €3,254 | -€4,597 | -58.6% |
| Cash at bank and in hand | 54/58 | €51,912 | €25,167 | -€26,745 | -51.5% |
| Total equity and liabilities | 10/49 | €71,167 | €42,198 | -€28,969 | -40.7% |
| Equity | 10/15 | €33,668 | €35,673 | +€2,005 | +6.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €8,676 | €8,676 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,676 | €8,676 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,676 | €8,676 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,400 | €8,405 | +€2,005 | +31.3% |
| Amounts payable | 17/49 | €37,499 | €6,525 | -€30,974 | -82.6% |
| Amounts payable within one year | 42/48 | €37,499 | €6,525 | -€30,974 | -82.6% |
| Trade debts | 44 | €3,763 | €1,445 | -€2,318 | -61.6% |
| Suppliers | 440/4 | €3,763 | €1,445 | -€2,318 | -61.6% |
| Taxes, remuneration and social security | 45 | €3,736 | €5,079 | +€1,343 | +36.0% |
| Taxes | 450/3 | €3,736 | €5,079 | +€1,343 | +36.0% |
| Other amounts payable | 47/48 | €30,000 | - | -€30,000 | |
| Turnover | 70 | €95,361 | €89,723 | -€5,638 | -5.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €83,206 | €83,905 | +€699 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €277 | €668 | +€391 | +140.9% |
| Other operating charges | 640/8 | €3,115 | €2,811 | -€304 | -9.8% |
| Gross operating margin | 9900 | €12,155 | €5,818 | -€6,337 | -52.1% |
| Operating profit (loss) | 9901 | €8,763 | €2,339 | -€6,424 | -73.3% |
| Financial charges | 65/66B | €2,678 | €1,155 | -€1,523 | -56.9% |
| Recurring financial charges | 65 | €2,678 | €1,155 | -€1,523 | -56.9% |
| Profit (loss) for the period before taxes | 9903 | €6,085 | €1,183 | -€4,901 | -80.6% |
| Income taxes | 67/77 | €1,366 | -€822 | -€2,188 | |
| Profit (loss) for the period | 9904 | €4,719 | €2,005 | -€2,713 | -57.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,719 | €2,005 | -€2,713 | -57.5% |
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 4 October 2026 via checked.be.