ARTE LIBRO: what changed
ARTE LIBRO
Largest movements
- Receivables within one year -€6,498
down €6,498 (-66.6%), from €9,750 to €3,252
of which Trade receivables: -€3,548
- Cash -€1,127
down €1,127 (-6.3%), from €17,885 to €16,758
mainly Net result for the year (-€8,115) and Accrued charges and deferred income (-€2,237)
- Profit (loss) carried forward -€8,115
down €8,115 (-206%), from -€3,934 to -€12,049
- Trade debts +€2,280
up €2,280 (+21.6%), from €10,549 to €12,829
- Accrued charges and deferred income -€2,237
down €2,237 (-96.5%), from €2,318 to €81
- Other operating charges +€1,124
up €1,124 (+473%), from €238 to €1,362
- Financial charges -€1,073
down €1,073 (-61.9%), from €1,734 to €661
- Gross operating margin -€912
down €912 (-12.2%), from -€7,462 to -€8,374
- Purchases and services +€712
up €712 (+8.5%), from €8,378 to €9,090
- Staff costs +€418
new in 2025: €418
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €68,399 | €60,327 | -€8,072 | -11.8% |
| Fixed assets | 21/28 | €600 | €400 | -€200 | -33.3% |
| Tangible fixed assets | 22/27 | €600 | €400 | -€200 | -33.3% |
| Plant, machinery and equipment | 23 | €600 | €400 | -€200 | -33.3% |
| Current assets | 29/58 | €67,799 | €59,927 | -€7,872 | -11.6% |
| Stocks and contracts in progress | 3 | €40,164 | €39,917 | -€247 | -0.6% |
| Stocks | 30/36 | €40,164 | €39,917 | -€247 | -0.6% |
| Amounts receivable within one year | 40/41 | €9,750 | €3,252 | -€6,498 | -66.6% |
| Trade receivables | 40 | €4,663 | €1,115 | -€3,548 | -76.1% |
| Other amounts receivable | 41 | €5,087 | €2,137 | -€2,950 | -58.0% |
| Cash at bank and in hand | 54/58 | €17,885 | €16,758 | -€1,127 | -6.3% |
| Total equity and liabilities | 10/49 | €68,399 | €60,327 | -€8,072 | -11.8% |
| Equity | 10/15 | €55,532 | €47,417 | -€8,115 | -14.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €39,466 | €39,466 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €37,466 | €37,466 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,934 | -€12,049 | -€8,115 | -206% |
| Amounts payable | 17/49 | €12,867 | €12,910 | +€43 | +0.3% |
| Amounts payable within one year | 42/48 | €10,549 | €12,829 | +€2,280 | +21.6% |
| Trade debts | 44 | €10,549 | €12,829 | +€2,280 | +21.6% |
| Suppliers | 440/4 | €10,549 | €12,829 | +€2,280 | +21.6% |
| Other amounts payable | 47/48 | - | €0 | +€0 | |
| Accrued charges and deferred income | 492/3 | €2,318 | €81 | -€2,237 | -96.5% |
| Turnover | 70 | €916 | €716 | -€200 | -21.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €8,378 | €9,090 | +€712 | +8.5% |
| Remuneration, social security and pensions | 62 | - | €418 | +€418 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €200 | €200 | = | 0.0% |
| Other operating charges | 640/8 | €238 | €1,362 | +€1,124 | +473% |
| Gross operating margin | 9900 | -€7,462 | -€8,374 | -€912 | -12.2% |
| Operating profit (loss) | 9901 | -€7,900 | -€10,354 | -€2,454 | -31.1% |
| Financial income | 75/76B | €3,000 | €2,899 | -€101 | -3.4% |
| Recurring financial income | 75 | €3,000 | €2,899 | -€101 | -3.4% |
| Financial charges | 65/66B | €1,734 | €661 | -€1,073 | -61.9% |
| Recurring financial charges | 65 | €1,734 | €661 | -€1,073 | -61.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,634 | -€8,115 | -€1,481 | -22.3% |
| Profit (loss) for the period | 9904 | -€6,634 | -€8,115 | -€1,481 | -22.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,634 | -€8,115 | -€1,481 | -22.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.