ART'TITUDE: 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'TITUDE
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward -€1,072
down €1,072 (-0.4%), from -€268,195 to -€269,267
- Short-term financial debts +€339
up €339 (+2.9%), from €11,701 to €12,039
- Other debts +€250
up €250 (+136%), from €184 to €434
- Trade debts +€242
up €242 (+29.1%), from €831 to €1,073
- Debts after one year +€241
up €241 (+0.1%), from €180,106 to €180,347
- Gross operating margin +€811
up €811, from -€296 to €515
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,713 | €2,713 | = | 0.0% |
| Fixed assets | 21/28 | €2,371 | €2,371 | = | 0.0% |
| Tangible fixed assets | 22/27 | €2,371 | €2,371 | = | 0.0% |
| Furniture and vehicles | 24 | €0 | €0 | = | 0.0% |
| Other tangible fixed assets | 26 | €2,371 | €2,371 | = | 0.0% |
| Current assets | 29/58 | €342 | €342 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €342 | €342 | = | 0.0% |
| Other amounts receivable | 41 | €342 | €342 | = | 0.0% |
| Total equity and liabilities | 10/49 | €2,713 | €2,713 | = | 0.0% |
| Equity | 10/15 | -€190,109 | -€191,180 | -€1,072 | -0.6% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €3,718 | €3,718 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,718 | €3,718 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,718 | €3,718 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€268,195 | -€269,267 | -€1,072 | -0.4% |
| Amounts payable | 17/49 | €192,822 | €193,893 | +€1,072 | +0.6% |
| Amounts payable after more than one year | 17 | €180,106 | €180,347 | +€241 | +0.1% |
| Other amounts payable | 178/9 | €180,106 | €180,347 | +€241 | +0.1% |
| Amounts payable within one year | 42/48 | €12,716 | €13,547 | +€830 | +6.5% |
| Financial debts | 43 | €11,701 | €12,039 | +€339 | +2.9% |
| Credit institutions | 430/8 | €11,701 | €12,039 | +€339 | +2.9% |
| Trade debts | 44 | €831 | €1,073 | +€242 | +29.1% |
| Suppliers | 440/4 | €831 | €1,073 | +€242 | +29.1% |
| Other amounts payable | 47/48 | €184 | €434 | +€250 | +136% |
| Gross operating margin | 9900 | -€296 | €515 | +€811 | |
| Operating profit (loss) | 9901 | -€296 | €515 | +€811 | |
| Financial charges | 65/66B | €1,588 | €1,586 | -€2 | -0.1% |
| Recurring financial charges | 65 | €1,588 | €1,586 | -€2 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,884 | -€1,072 | +€812 | +43.1% |
| Profit (loss) for the period | 9904 | -€1,884 | -€1,072 | +€812 | +43.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,884 | -€1,072 | +€812 | +43.1% |
Source: filed annual accounts (NBB), financial years ended 1 January 2024 and 1 January 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.