Arte Ventures: 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 Ventures
Largest movements
- Tangible fixed assets -€13,896
down €13,896 (-4.9%), from €284,560 to €270,665
of which Land and buildings: -€9,493
- Debts after one year -€25,636
down €25,636 (-16.9%), from €152,055 to €126,419
- Other debts +€15,668
up €15,668 (+497%), from €3,155 to €18,823
- Profit (loss) carried forward -€6,521
down €6,521 (-186%), from -€3,497 to -€10,018
- Gross operating margin +€12,608
up €12,608, from -€4,710 to €7,897
- Financial charges -€7,016
down €7,016 (-60.4%), from €11,619 to €4,603
of which Non-recurring financial charges: -€6,299
- Other operating charges -€266
down €266 (-18.1%), from €1,468 to €1,201
- Financial income +€156
up €156 (+3.1%), from €5,126 to €5,282
of which Financial income: +€156
- Depreciation -€133
down €133 (-0.9%), from €14,029 to €13,896
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 | €349,723 | €335,787 | -€13,936 | -4.0% |
| Fixed assets | 21/28 | €284,560 | €270,665 | -€13,896 | -4.9% |
| Tangible fixed assets | 22/27 | €284,560 | €270,665 | -€13,896 | -4.9% |
| Land and buildings | 22 | €152,470 | €142,977 | -€9,493 | -6.2% |
| Plant, machinery and equipment | 23 | €9 | - | -€9 | |
| Furniture and vehicles | 24 | €758 | €365 | -€393 | -51.9% |
| Other tangible fixed assets | 26 | €131,322 | €127,322 | -€4,000 | -3.0% |
| Current assets | 29/58 | €65,163 | €65,123 | -€41 | -0.1% |
| Stocks and contracts in progress | 3 | €60,580 | €60,580 | = | 0.0% |
| Stocks | 30/36 | €60,580 | €60,580 | = | 0.0% |
| Amounts receivable within one year | 40/41 | - | €2,420 | +€2,420 | |
| Trade receivables | 40 | - | €2,420 | +€2,420 | |
| Cash at bank and in hand | 54/58 | €4,243 | €1,674 | -€2,569 | -60.5% |
| Deferred charges and accrued income | 490/1 | €339 | €448 | +€109 | +32.1% |
| Total equity and liabilities | 10/49 | €349,723 | €335,787 | -€13,936 | -4.0% |
| Equity | 10/15 | €167,541 | €164,320 | -€3,221 | -1.9% |
| Contributions | 10/11 | €15,300 | €18,600 | +€3,300 | +21.6% |
| Reserves | 13 | €155,738 | €155,738 | = | 0.0% |
| Distributable reserves | 133 | €155,738 | €155,738 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,497 | -€10,018 | -€6,521 | -186% |
| Amounts payable | 17/49 | €182,183 | €171,467 | -€10,715 | -5.9% |
| Amounts payable after more than one year | 17 | €152,055 | €126,419 | -€25,636 | -16.9% |
| Financial debts | 170/4 | €152,055 | €126,419 | -€25,636 | -16.9% |
| Amounts payable within one year | 42/48 | €30,128 | €45,048 | +€14,920 | +49.5% |
| Current portion of amounts payable after more than one year | 42 | €25,419 | €25,636 | +€217 | +0.9% |
| Trade debts | 44 | €448 | - | -€448 | |
| Suppliers | 440/4 | €448 | - | -€448 | |
| Taxes, remuneration and social security | 45 | €1,106 | €589 | -€517 | -46.7% |
| Taxes | 450/3 | €1,106 | €589 | -€517 | -46.7% |
| Other amounts payable | 47/48 | €3,155 | €18,823 | +€15,668 | +497% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,029 | €13,896 | -€133 | -0.9% |
| Other operating charges | 640/8 | €1,468 | €1,201 | -€266 | -18.1% |
| Gross operating margin | 9900 | -€4,710 | €7,897 | +€12,608 | |
| Operating profit (loss) | 9901 | -€20,207 | -€7,200 | +€13,007 | +64.4% |
| Financial income | 75/76B | €5,126 | €5,282 | +€156 | +3.1% |
| Recurring financial income | 75 | €5,126 | €5,282 | +€156 | +3.1% |
| Non-recurring financial income | 76B | €5,126 | €5,282 | +€156 | +3.1% |
| Financial charges | 65/66B | €11,619 | €4,603 | -€7,016 | -60.4% |
| Recurring financial charges | 65 | €5,321 | €4,603 | -€717 | -13.5% |
| Non-recurring financial charges | 66B | €6,299 | - | -€6,299 | |
| Profit (loss) for the period before taxes | 9903 | -€26,700 | -€6,521 | +€20,179 | +75.6% |
| Profit (loss) for the period | 9904 | -€26,700 | -€6,521 | +€20,179 | +75.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,700 | -€6,521 | +€20,179 | +75.6% |
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 20 October 2026 via checked.be.