ARTE & INTERNI: 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.
ARTE & INTERNI
Largest movements
- Cash +€118,310
up €118,310 (+1546.3%), from €7,651 to €125,961
mainly Advances received (+€100,000) and Trade debts (+€68,644)
- Receivables within one year +€53,792
up €53,792 (+265.3%), from €20,280 to €74,071
of which Other amounts receivable: +€44,962
- Financial fixed assets +€25,000
new in 2025: €25,000
- Tangible fixed assets +€21,102
up €21,102 (+31.6%), from €66,813 to €87,915
of which Furniture and vehicles: +€27,251
- Advances received +€100,000
new in 2025: €100,000
- Trade debts +€68,644
up €68,644 (+306.6%), from €22,391 to €91,035
- Profit (loss) carried forward +€54,681
up €54,681 (+319.2%), from €17,133 to €71,814
- Debts after one year -€9,908
down €9,908 (-70.6%), from €14,039 to €4,131
- Tax, wage and social debts +€7,936
up €7,936 (+277.1%), from €2,864 to €10,799
- Gross operating margin +€78,374
up €78,374 (+219.5%), from €35,704 to €114,078
- Depreciation +€21,605
up €21,605 (+91.0%), from €23,752 to €45,357
- Taxes +€9,029
new in 2025: €9,029
- Financial income -€2,381
down €2,381 (-98.7%), from €2,412 to €31
- Other operating charges +€2,095
up €2,095 (+323.8%), from €647 to €2,742
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 | €94,744 | €312,947 | +€218,203 | +230.3% |
| Fixed assets | 21/28 | €66,813 | €112,915 | +€46,102 | +69.0% |
| Tangible fixed assets | 22/27 | €66,813 | €87,915 | +€21,102 | +31.6% |
| Plant, machinery and equipment | 23 | €42,275 | €36,125 | -€6,150 | -14.5% |
| Furniture and vehicles | 24 | €24,538 | €51,790 | +€27,251 | +111.1% |
| Financial fixed assets | 28 | - | €25,000 | +€25,000 | |
| Current assets | 29/58 | €27,931 | €200,032 | +€172,102 | +616.2% |
| Amounts receivable within one year | 40/41 | €20,280 | €74,071 | +€53,792 | +265.3% |
| Trade receivables | 40 | €12,364 | €21,193 | +€8,829 | +71.4% |
| Other amounts receivable | 41 | €7,916 | €52,878 | +€44,962 | +568.0% |
| Cash at bank and in hand | 54/58 | €7,651 | €125,961 | +€118,310 | +1546.3% |
| Total equity and liabilities | 10/49 | €94,744 | €312,947 | +€218,203 | +230.3% |
| Equity | 10/15 | €42,393 | €97,074 | +€54,681 | +129.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,660 | €6,660 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,800 | €4,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,133 | €71,814 | +€54,681 | +319.2% |
| Amounts payable | 17/49 | €52,351 | €215,873 | +€163,522 | +312.4% |
| Amounts payable after more than one year | 17 | €14,039 | €4,131 | -€9,908 | -70.6% |
| Financial debts | 170/4 | €14,039 | €4,131 | -€9,908 | -70.6% |
| Amounts payable within one year | 42/48 | €38,312 | €211,742 | +€173,430 | +452.7% |
| Current portion of amounts payable after more than one year | 42 | €11,898 | €9,908 | -€1,990 | -16.7% |
| Trade debts | 44 | €22,391 | €91,035 | +€68,644 | +306.6% |
| Suppliers | 440/4 | €22,391 | €91,035 | +€68,644 | +306.6% |
| Advances received on contracts in progress | 46 | - | €100,000 | +€100,000 | |
| Taxes, remuneration and social security | 45 | €2,864 | €10,799 | +€7,936 | +277.1% |
| Taxes | 450/3 | €2,864 | €10,799 | +€7,936 | +277.1% |
| Other amounts payable | 47/48 | €1,160 | - | -€1,160 | |
| Remuneration, social security and pensions | 62 | - | €1,194 | +€1,194 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,752 | €45,357 | +€21,605 | +91.0% |
| Other operating charges | 640/8 | €647 | €2,742 | +€2,095 | +323.8% |
| Gross operating margin | 9900 | €35,704 | €114,078 | +€78,374 | +219.5% |
| Operating profit (loss) | 9901 | €11,305 | €64,785 | +€53,481 | +473.1% |
| Financial income | 75/76B | €2,412 | €31 | -€2,381 | -98.7% |
| Recurring financial income | 75 | €2,412 | €31 | -€2,381 | -98.7% |
| Financial charges | 65/66B | €1,748 | €1,107 | -€641 | -36.7% |
| Recurring financial charges | 65 | €1,748 | €1,107 | -€641 | -36.7% |
| Profit (loss) for the period before taxes | 9903 | €11,968 | €63,710 | +€51,742 | +432.3% |
| Income taxes | 67/77 | - | €9,029 | +€9,029 | |
| Profit (loss) for the period | 9904 | €11,968 | €54,681 | +€42,713 | +356.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,968 | €54,681 | +€42,713 | +356.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.