ArteProjects SunI: 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.
ArteProjects SunI
Largest movements
- Receivables within one year +€70,027
up €70,027 (+249%), from €28,161 to €98,188
of which Trade receivables: +€65,094
- Cash -€68,928
down €68,928 (-84.1%), from €81,923 to €12,995
mainly Receivables within one year (-€70,027) and Tax, wage and social debts (-€13,196)
- Tax, wage and social debts -€13,196
down €13,196 (-82.2%), from €16,048 to €2,853
of which Taxes: -€10,196
- Trade debts +€8,757
up €8,757 (+39.5%), from €22,156 to €30,912
- Other debts -€8,236
down €8,236 (-53.1%), from €15,518 to €7,282
- Reserves +€6,230
up €6,230 (+23.8%), from €26,188 to €32,418
- Current portion of long-term debt +€5,876
new in 2025: €5,876
- Depreciation -€359
down €359 (-26.5%), from €1,358 to €998
- Financial charges +€290
up €290 (+57.6%), from €505 to €795
- Taxes +€254
up €254 (+8.9%), from €2,853 to €3,106
- Financial income +€210
up €210 (+250%), from €84 to €294
- Other operating charges -€190
down €190 (-61.3%), from €310 to €120
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 | €111,321 | €111,504 | +€183 | +0.2% |
| Fixed assets | 21/28 | €998 | - | -€998 | |
| Tangible fixed assets | 22/27 | €998 | - | -€998 | |
| Plant, machinery and equipment | 23 | €973 | - | -€973 | |
| Furniture and vehicles | 24 | €26 | - | -€26 | |
| Current assets | 29/58 | €110,322 | €111,504 | +€1,182 | +1.1% |
| Amounts receivable within one year | 40/41 | €28,161 | €98,188 | +€70,027 | +249% |
| Trade receivables | 40 | €21,866 | €86,960 | +€65,094 | +298% |
| Other amounts receivable | 41 | €6,295 | €11,228 | +€4,933 | +78.4% |
| Cash at bank and in hand | 54/58 | €81,923 | €12,995 | -€68,928 | -84.1% |
| Deferred charges and accrued income | 490/1 | €238 | €320 | +€82 | +34.6% |
| Total equity and liabilities | 10/49 | €111,321 | €111,504 | +€183 | +0.2% |
| Equity | 10/15 | €57,099 | €63,329 | +€6,230 | +10.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €26,188 | €32,418 | +€6,230 | +23.8% |
| Distributable reserves | 133 | €26,188 | €32,418 | +€6,230 | +23.8% |
| Profit (loss) carried forward | 14 | €28,411 | €28,411 | = | 0.0% |
| Amounts payable | 17/49 | €54,222 | €48,175 | -€6,047 | -11.2% |
| Amounts payable within one year | 42/48 | €54,222 | €47,785 | -€6,437 | -11.9% |
| Current portion of amounts payable after more than one year | 42 | - | €5,876 | +€5,876 | |
| Trade debts | 44 | €22,156 | €30,912 | +€8,757 | +39.5% |
| Suppliers | 440/4 | €22,156 | €30,912 | +€8,757 | +39.5% |
| Advances received on contracts in progress | 46 | €500 | €863 | +€363 | +72.6% |
| Taxes, remuneration and social security | 45 | €16,048 | €2,853 | -€13,196 | -82.2% |
| Taxes | 450/3 | €13,048 | €2,853 | -€10,196 | -78.1% |
| Remuneration and social security | 454/9 | €3,000 | - | -€3,000 | |
| Other amounts payable | 47/48 | €15,518 | €7,282 | -€8,236 | -53.1% |
| Accrued charges and deferred income | 492/3 | - | €390 | +€390 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,358 | €998 | -€359 | -26.5% |
| Other operating charges | 640/8 | €310 | €120 | -€190 | -61.3% |
| Non-recurring operating charges | 66A | €2,580 | - | -€2,580 | |
| Gross operating margin | 9900 | €10,876 | €10,956 | +€80 | +0.7% |
| Operating profit (loss) | 9901 | €6,628 | €9,838 | +€3,210 | +48.4% |
| Financial income | 75/76B | €84 | €294 | +€210 | +250% |
| Recurring financial income | 75 | €84 | €294 | +€210 | +250% |
| Financial charges | 65/66B | €505 | €795 | +€290 | +57.6% |
| Recurring financial charges | 65 | €505 | €795 | +€290 | +57.6% |
| Profit (loss) for the period before taxes | 9903 | €6,208 | €9,336 | +€3,129 | +50.4% |
| Income taxes | 67/77 | €2,853 | €3,106 | +€254 | +8.9% |
| Profit (loss) for the period | 9904 | €3,355 | €6,230 | +€2,875 | +85.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,355 | €6,230 | +€2,875 | +85.7% |
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 30 October 2026 via checked.be.