ART4HOME: 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.
ART4HOME
Largest movements
- Receivables within one year +€30,791
up €30,791 (+283%), from €10,885 to €41,676
of which Trade receivables: +€25,608
- Cash -€5,103
no longer reported in 2024 (was €5,103)
mainly Receivables within one year (-€30,791) and Investment in fixed assets (net) (-€2,500)
- Tangible fixed assets +€1,667
new in 2024: €1,667
- Trade debts +€23,410
new in 2024: €23,410
- Profit (loss) carried forward +€8,092
up €8,092 (+1,531%), from €529 to €8,621
- Tax, wage and social debts -€2,418
down €2,418 (-27.8%), from €8,705 to €6,287
of which Remuneration and social security: -€8,400
- Advances received -€1,755
down €1,755 (-41.2%), from €4,255 to €2,500
- Gross operating margin +€12,207
up €12,207 (+2,172%), from €562 to €12,769
- Taxes +€2,918
new in 2024: €2,918
- Depreciation +€833
new in 2024: €833
- Other operating charges +€746
new in 2024: €746
- Financial charges +€146
up €146 (+439%), from €33 to €180
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,989 | €43,342 | +€27,354 | +171% |
| Fixed assets | 21/28 | - | €1,667 | +€1,667 | |
| Tangible fixed assets | 22/27 | - | €1,667 | +€1,667 | |
| Furniture and vehicles | 24 | - | €1,667 | +€1,667 | |
| Current assets | 29/58 | €15,989 | €41,676 | +€25,687 | +161% |
| Amounts receivable within one year | 40/41 | €10,885 | €41,676 | +€30,791 | +283% |
| Trade receivables | 40 | €8,375 | €33,983 | +€25,608 | +306% |
| Other amounts receivable | 41 | €2,510 | €7,693 | +€5,183 | +207% |
| Cash at bank and in hand | 54/58 | €5,103 | - | -€5,103 | |
| Total equity and liabilities | 10/49 | €15,989 | €43,342 | +€27,354 | +171% |
| Equity | 10/15 | €3,029 | €11,121 | +€8,092 | +267% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €529 | €8,621 | +€8,092 | +1,531% |
| Amounts payable | 17/49 | €12,960 | €32,222 | +€19,262 | +149% |
| Amounts payable within one year | 42/48 | €12,960 | €32,222 | +€19,262 | +149% |
| Financial debts | 43 | - | €25 | +€25 | |
| Credit institutions | 430/8 | - | €25 | +€25 | |
| Trade debts | 44 | - | €23,410 | +€23,410 | |
| Suppliers | 440/4 | - | €23,410 | +€23,410 | |
| Advances received on contracts in progress | 46 | €4,255 | €2,500 | -€1,755 | -41.2% |
| Taxes, remuneration and social security | 45 | €8,705 | €6,287 | -€2,418 | -27.8% |
| Taxes | 450/3 | €305 | €6,287 | +€5,982 | +1,962% |
| Remuneration and social security | 454/9 | €8,400 | - | -€8,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €833 | +€833 | |
| Other operating charges | 640/8 | - | €746 | +€746 | |
| Gross operating margin | 9900 | €562 | €12,769 | +€12,207 | +2,172% |
| Operating profit (loss) | 9901 | €562 | €11,189 | +€10,627 | +1,891% |
| Financial charges | 65/66B | €33 | €180 | +€146 | +439% |
| Recurring financial charges | 65 | €33 | €180 | +€146 | +439% |
| Profit (loss) for the period before taxes | 9903 | €529 | €11,010 | +€10,481 | +1,983% |
| Income taxes | 67/77 | - | €2,918 | +€2,918 | |
| Profit (loss) for the period | 9904 | €529 | €8,092 | +€7,563 | +1,431% |
| Profit (loss) for the period to be appropriated | 9905 | €529 | €8,092 | +€7,563 | +1,431% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.