Art4Elements: 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.
Art4Elements
Largest movements
- Cash -€25,439
down €25,439 (-94.8%), from €26,845 to €1,406
mainly Net result for the year (-€40,108) and Other debts (-€10,291)
- Tangible fixed assets -€2,479
down €2,479 (-31.2%), from €7,948 to €5,468
- Receivables within one year +€1,338
up €1,338 (+56.3%), from €2,376 to €3,714
of which Other amounts receivable: +€3,017
- Profit (loss) carried forward -€40,108
down €40,108, from €13,635 to -€26,473
- Trade debts +€29,401
up €29,401 (+3894.2%), from €755 to €30,156
- Other debts -€10,291
no longer reported in 2025 (was €10,291)
- Tax, wage and social debts -€5,573
down €5,573 (-94.8%), from €5,880 to €307
- Financial charges -€2,000
down €2,000 (-91.4%), from €2,188 to €188
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 | €38,621 | €12,050 | -€26,571 | -68.8% |
| Fixed assets | 21/28 | €8,798 | €6,318 | -€2,479 | -28.2% |
| Tangible fixed assets | 22/27 | €7,948 | €5,468 | -€2,479 | -31.2% |
| Plant, machinery and equipment | 23 | €7,948 | €5,468 | -€2,479 | -31.2% |
| Financial fixed assets | 28 | €850 | €850 | = | 0.0% |
| Current assets | 29/58 | €29,823 | €5,732 | -€24,091 | -80.8% |
| Stocks and contracts in progress | 3 | €500 | €500 | = | 0.0% |
| Stocks | 30/36 | €500 | €500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,376 | €3,714 | +€1,338 | +56.3% |
| Trade receivables | 40 | €1,678 | - | -€1,678 | |
| Other amounts receivable | 41 | €698 | €3,714 | +€3,017 | +432.4% |
| Cash at bank and in hand | 54/58 | €26,845 | €1,406 | -€25,439 | -94.8% |
| Deferred charges and accrued income | 490/1 | €102 | €111 | +€9 | +8.9% |
| Total equity and liabilities | 10/49 | €38,621 | €12,050 | -€26,571 | -68.8% |
| Equity | 10/15 | €21,695 | -€18,413 | -€40,108 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,635 | -€26,473 | -€40,108 | |
| Amounts payable | 17/49 | €16,926 | €30,463 | +€13,537 | +80.0% |
| Amounts payable within one year | 42/48 | €16,926 | €30,463 | +€13,537 | +80.0% |
| Trade debts | 44 | €755 | €30,156 | +€29,401 | +3894.2% |
| Suppliers | 440/4 | €755 | €30,156 | +€29,401 | +3894.2% |
| Taxes, remuneration and social security | 45 | €5,880 | €307 | -€5,573 | -94.8% |
| Taxes | 450/3 | €5,880 | €307 | -€5,573 | -94.8% |
| Other amounts payable | 47/48 | €10,291 | - | -€10,291 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,726 | €2,479 | -€247 | -9.0% |
| Other operating charges | 640/8 | €731 | €667 | -€65 | -8.9% |
| Gross operating margin | 9900 | -€36,300 | -€36,624 | -€324 | -0.9% |
| Operating profit (loss) | 9901 | -€39,757 | -€39,770 | -€12 | 0.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,188 | €188 | -€2,000 | -91.4% |
| Recurring financial charges | 65 | €2,188 | €188 | -€2,000 | -91.4% |
| Profit (loss) for the period before taxes | 9903 | -€41,945 | -€39,958 | +€1,988 | +4.7% |
| Income taxes | 67/77 | - | €150 | +€150 | |
| Profit (loss) for the period | 9904 | -€41,945 | -€40,108 | +€1,837 | +4.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,945 | -€40,108 | +€1,837 | +4.4% |
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 9 October 2026 via checked.be.