Art-Tou-Vert: 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-Tou-Vert
Largest movements
- Tangible fixed assets -€9,908
down €9,908 (-19.2%), from €51,708 to €41,799
of which Furniture and vehicles: -€11,022
- Cash -€8,129
down €8,129 (-21.7%), from €37,377 to €29,248
mainly Debts after one year (-€16,912) and Investment in fixed assets (net) (-€7,350)
- Deferred charges and accrued income -€4,600
down €4,600 (-90.4%), from €5,090 to €490
- Receivables within one year -€3,274
down €3,274 (-9.9%), from €33,098 to €29,824
of which Trade receivables: -€5,771
- Debts after one year -€16,912
down €16,912 (-29.8%), from €56,667 to €39,755
of which Trade debts: -€32,159
- Profit (loss) carried forward -€6,163
down €6,163, from €0 to -€6,163
- Tax, wage and social debts -€1,355
down €1,355 (-13.2%), from €10,230 to €8,875
of which Taxes: -€1,080
- Turnover -€22,011
down €22,011 (-11.1%), from €198,418 to €176,408
- Gross operating margin -€16,894
down €16,894 (-15.1%), from €111,672 to €94,777
- Staff costs +€8,676
up €8,676 (+11.9%), from €72,937 to €81,613
- Purchases and services -€5,116
down €5,116 (-5.9%), from €86,747 to €81,630
- Taxes -€3,342
down €3,342, from €2,341 to -€1,001
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 | €129,074 | €104,022 | -€25,052 | -19.4% |
| Fixed assets | 21/28 | €52,332 | €43,666 | -€8,665 | -16.6% |
| Intangible fixed assets | 21 | - | €1,243 | +€1,243 | |
| Tangible fixed assets | 22/27 | €51,708 | €41,799 | -€9,908 | -19.2% |
| Land and buildings | 22 | €11,667 | €8,409 | -€3,259 | -27.9% |
| Plant, machinery and equipment | 23 | €1,182 | €5,555 | +€4,373 | +370% |
| Furniture and vehicles | 24 | €38,858 | €27,836 | -€11,022 | -28.4% |
| Financial fixed assets | 28 | €624 | €624 | = | 0.0% |
| Current assets | 29/58 | €76,742 | €60,355 | -€16,387 | -21.4% |
| Stocks and contracts in progress | 3 | €1,177 | €793 | -€385 | -32.7% |
| Stocks | 30/36 | €1,177 | €793 | -€385 | -32.7% |
| Amounts receivable within one year | 40/41 | €33,098 | €29,824 | -€3,274 | -9.9% |
| Trade receivables | 40 | €33,011 | €27,240 | -€5,771 | -17.5% |
| Other amounts receivable | 41 | €86 | €2,584 | +€2,498 | +2,888% |
| Cash at bank and in hand | 54/58 | €37,377 | €29,248 | -€8,129 | -21.7% |
| Deferred charges and accrued income | 490/1 | €5,090 | €490 | -€4,600 | -90.4% |
| Total equity and liabilities | 10/49 | €129,074 | €104,022 | -€25,052 | -19.4% |
| Equity | 10/15 | €47,521 | €41,358 | -€6,163 | -13.0% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €16,534 | €16,534 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,534 | €16,534 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,099 | €3,099 | = | 0.0% |
| Other | 1319 | €13,435 | €13,435 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€6,163 | -€6,163 | |
| Amounts payable | 17/49 | €81,553 | €62,663 | -€18,890 | -23.2% |
| Amounts payable after more than one year | 17 | €56,667 | €39,755 | -€16,912 | -29.8% |
| Financial debts | 170/4 | €24,508 | €15,201 | -€9,307 | -38.0% |
| Trade debts | 175 | €32,159 | - | -€32,159 | |
| Other amounts payable | 178/9 | - | €24,554 | +€24,554 | |
| Amounts payable within one year | 42/48 | €24,502 | €22,511 | -€1,990 | -8.1% |
| Current portion of amounts payable after more than one year | 42 | €9,262 | €9,183 | -€78 | -0.8% |
| Trade debts | 44 | €2,837 | €2,024 | -€812 | -28.6% |
| Suppliers | 440/4 | €2,837 | €2,024 | -€812 | -28.6% |
| Taxes, remuneration and social security | 45 | €10,230 | €8,875 | -€1,355 | -13.2% |
| Taxes | 450/3 | €2,844 | €1,765 | -€1,080 | -38.0% |
| Remuneration and social security | 454/9 | €7,386 | €7,111 | -€275 | -3.7% |
| Other amounts payable | 47/48 | €2,173 | €2,428 | +€255 | +11.8% |
| Accrued charges and deferred income | 492/3 | €384 | €397 | +€12 | +3.2% |
| Turnover | 70 | €198,418 | €176,408 | -€22,011 | -11.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €86,747 | €81,630 | -€5,116 | -5.9% |
| Remuneration, social security and pensions | 62 | €72,937 | €81,613 | +€8,676 | +11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,518 | €16,015 | +€2,497 | +18.5% |
| Other operating charges | 640/8 | €1,281 | €1,239 | -€42 | -3.3% |
| Non-recurring operating charges | 66A | €344 | - | -€344 | |
| Gross operating margin | 9900 | €111,672 | €94,777 | -€16,894 | -15.1% |
| Operating profit (loss) | 9901 | €23,593 | -€4,090 | -€27,682 | |
| Financial income | 75/76B | €127 | €357 | +€231 | +182% |
| Recurring financial income | 75 | €127 | €357 | +€231 | +182% |
| Financial charges | 65/66B | €3,064 | €3,431 | +€367 | +12.0% |
| Recurring financial charges | 65 | €3,064 | €3,431 | +€367 | +12.0% |
| Profit (loss) for the period before taxes | 9903 | €20,655 | -€7,164 | -€27,819 | |
| Income taxes | 67/77 | €2,341 | -€1,001 | -€3,342 | |
| Profit (loss) for the period | 9904 | €18,314 | -€6,163 | -€24,476 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,314 | -€6,163 | -€24,476 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.