ARTART: 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.
ARTART
Largest movements
- Cash -€3,981
down €3,981 (-88.8%), from €4,485 to €505
mainly Other debts (-€18,000) and Deferred charges and accrued income (-€1,142)
- Deferred charges and accrued income +€1,142
new in 2025: €1,142
- Other debts -€18,000
no longer reported in 2025 (was €18,000)
- Profit (loss) carried forward +€5,981
up €5,981 (+11.7%), from €51,098 to €57,079
- Tax, wage and social debts +€5,868
up €5,868 (+31.5%), from €18,603 to €24,471
of which Remuneration and social security: +€9,171
- Trade debts +€4,105
up €4,105 (+30.7%), from €13,387 to €17,492
- Staff costs +€28,671
up €28,671 (+248%), from €11,551 to €40,222
- Other operating charges -€5,660
down €5,660 (-99.1%), from €5,710 to €50
- Gross operating margin +€3,298
up €3,298 (+7.2%), from €46,028 to €49,326
- Taxes -€1,171
down €1,171 (-34.0%), from €3,441 to €2,270
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 | €103,088 | €101,042 | -€2,046 | -2.0% |
| Current assets | 29/58 | €103,088 | €101,042 | -€2,046 | -2.0% |
| Stocks and contracts in progress | 3 | €454 | €605 | +€151 | +33.2% |
| Stocks | 30/36 | €454 | €605 | +€151 | +33.2% |
| Amounts receivable within one year | 40/41 | €98,149 | €98,791 | +€642 | +0.7% |
| Other amounts receivable | 41 | €98,149 | €98,791 | +€642 | +0.7% |
| Cash at bank and in hand | 54/58 | €4,485 | €505 | -€3,981 | -88.8% |
| Deferred charges and accrued income | 490/1 | - | €1,142 | +€1,142 | |
| Total equity and liabilities | 10/49 | €103,088 | €101,042 | -€2,046 | -2.0% |
| Equity | 10/15 | €53,098 | €59,079 | +€5,981 | +11.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,098 | €57,079 | +€5,981 | +11.7% |
| Amounts payable | 17/49 | €49,990 | €41,963 | -€8,027 | -16.1% |
| Amounts payable within one year | 42/48 | €49,990 | €41,963 | -€8,027 | -16.1% |
| Trade debts | 44 | €13,387 | €17,492 | +€4,105 | +30.7% |
| Suppliers | 440/4 | €13,387 | €17,492 | +€4,105 | +30.7% |
| Taxes, remuneration and social security | 45 | €18,603 | €24,471 | +€5,868 | +31.5% |
| Taxes | 450/3 | €15,944 | €12,641 | -€3,303 | -20.7% |
| Remuneration and social security | 454/9 | €2,659 | €11,830 | +€9,171 | +345% |
| Other amounts payable | 47/48 | €18,000 | - | -€18,000 | |
| Remuneration, social security and pensions | 62 | €11,551 | €40,222 | +€28,671 | +248% |
| Other operating charges | 640/8 | €5,710 | €50 | -€5,660 | -99.1% |
| Gross operating margin | 9900 | €46,028 | €49,326 | +€3,298 | +7.2% |
| Operating profit (loss) | 9901 | €28,767 | €9,053 | -€19,714 | -68.5% |
| Financial charges | 65/66B | €584 | €802 | +€218 | +37.4% |
| Recurring financial charges | 65 | €584 | €802 | +€218 | +37.4% |
| Profit (loss) for the period before taxes | 9903 | €28,183 | €8,251 | -€19,932 | -70.7% |
| Income taxes | 67/77 | €3,441 | €2,270 | -€1,171 | -34.0% |
| Profit (loss) for the period | 9904 | €24,742 | €5,981 | -€18,761 | -75.8% |
| Profit (loss) for the period to be appropriated | 9905 | €24,742 | €5,981 | -€18,761 | -75.8% |
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 18 October 2026 via checked.be.