ARTE: what changed
Two fiscal 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.
ARTE
Largest movements
- Tangible fixed assets -€11,023
down €11,023 (-5.6%), from €198,155 to €187,132
of which Land and buildings: -€10,487
- Profit (loss) carried forward -€11,707
down €11,707 (-6.7%), from €174,432 to €162,724
- Tax, wage and social debts +€2,817
up €2,817 (+13.4%), from €20,970 to €23,787
- Depreciation -€11,669
down €11,669 (-51.4%), from €22,693 to €11,023
- Taxes +€3,154
up €3,154 (+20.9%), from €15,115 to €18,269
- Gross operating margin +€1,153
up €1,153 (+1.3%), from €88,273 to €89,427
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 | €268,941 | €259,354 | -€9,586 | -3.6% |
| Fixed assets | 21/28 | €198,155 | €187,132 | -€11,023 | -5.6% |
| Tangible fixed assets | 22/27 | €198,155 | €187,132 | -€11,023 | -5.6% |
| Land and buildings | 22 | €193,470 | €182,984 | -€10,487 | -5.4% |
| Plant, machinery and equipment | 23 | €4,685 | €4,148 | -€537 | -11.5% |
| Current assets | 29/58 | €70,786 | €72,223 | +€1,437 | +2.0% |
| Cash at bank and in hand | 54/58 | €69,485 | €70,874 | +€1,388 | +2.0% |
| Deferred charges and accrued income | 490/1 | €1,300 | €1,349 | +€49 | +3.7% |
| Total equity and liabilities | 10/49 | €268,941 | €259,354 | -€9,586 | -3.6% |
| Equity | 10/15 | €199,229 | €187,522 | -€11,707 | -5.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | €174,432 | €162,724 | -€11,707 | -6.7% |
| Amounts payable | 17/49 | €69,712 | €71,832 | +€2,121 | +3.0% |
| Amounts payable within one year | 42/48 | €68,699 | €70,820 | +€2,121 | +3.1% |
| Trade debts | 44 | €310 | €270 | -€40 | -12.8% |
| Suppliers | 440/4 | €310 | €270 | -€40 | -12.8% |
| Taxes, remuneration and social security | 45 | €20,970 | €23,787 | +€2,817 | +13.4% |
| Taxes | 450/3 | €20,970 | €23,787 | +€2,817 | +13.4% |
| Other amounts payable | 47/48 | €47,419 | €46,763 | -€656 | -1.4% |
| Accrued charges and deferred income | 492/3 | €1,013 | €1,013 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,693 | €11,023 | -€11,669 | -51.4% |
| Other operating charges | 640/8 | €6,204 | €6,397 | +€193 | +3.1% |
| Gross operating margin | 9900 | €88,273 | €89,427 | +€1,153 | +1.3% |
| Operating profit (loss) | 9901 | €59,376 | €72,006 | +€12,630 | +21.3% |
| Financial income | 75/76B | €648 | €498 | -€150 | -23.1% |
| Recurring financial income | 75 | €648 | €498 | -€150 | -23.1% |
| Financial charges | 65/66B | €46 | €50 | +€4 | +9.0% |
| Recurring financial charges | 65 | €46 | €50 | +€4 | +9.0% |
| Profit (loss) for the period before taxes | 9903 | €59,978 | €72,454 | +€12,476 | +20.8% |
| Income taxes | 67/77 | €15,115 | €18,269 | +€3,154 | +20.9% |
| Profit (loss) for the period | 9904 | €44,864 | €54,186 | +€9,322 | +20.8% |
| Profit (loss) for the period to be appropriated | 9905 | €44,864 | €54,186 | +€9,322 | +20.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.