ArtFabric: 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.
What changed
ArtFabric
NACE 90.393, Specialised image, lighting and sound technical services
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€21,443
2023 · -€47,991+€26,548
Equity
€35,996
2023 · €57,439-€21,443
Cash
€19,111
2023 · €20,428-€1,317
Balance sheet total
€550,208
2023 · €579,624-€29,417
Largest movements
Assets
- Receivables within one year -€29,071
down €29,071 (-46.1%), from €63,116 to €34,045
of which Other amounts receivable: -€39,562
Equity and liabilities
- Profit (loss) carried forward -€21,443
down €21,443 (-37.9%), from -€56,600 to -€78,043
- Debts after one year -€7,772
down €7,772 (-25.4%), from €30,583 to €22,811
Income statement
- Gross operating margin +€26,877
up €26,877 (+58.5%), from -€45,958 to -€19,082
- Other operating charges +€563
up €563 (+56.5%), from €997 to €1,560
From the 2023 result to the 2024 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.
Result 2023
-€47,991
Gross operating margin
+€26,877
Depreciation
-€250
Other operating charges
-€563
Financial charges
+€83
Taxes
+€402
Result 2024
-€21,443
raises the resultlowers the result
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€8,161
Investment
-€1,706
Financing
-€7,772
Cash 2023
€20,428
From operations (derived)
+€8,161
Net result for the year
-€21,443
Depreciation
+€734
Receivables within one year
+€29,071
Trade debts
+€2,423
Tax, wage and social debts
-€1,477
Other debts
-€1,147
Investment (derived)
-€1,706
Investment in fixed assets (net)
-€1,706
Financing
-€7,772
Debts after one year
-€7,772
Cash 2024
€19,111
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €579,624 | €550,208 | -€29,417 | -5.1% |
| Fixed assets | 21/28 | €495,604 | €496,576 | +€972 | +0.2% |
| Intangible fixed assets | 21 | €450,000 | €450,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €844 | €1,816 | +€972 | +115% |
| Plant, machinery and equipment | 23 | - | €1,456 | +€1,456 | |
| Furniture and vehicles | 24 | €844 | €360 | -€484 | -57.3% |
| Financial fixed assets | 28 | €44,760 | €44,760 | = | 0.0% |
| Current assets | 29/58 | €84,020 | €53,631 | -€30,389 | -36.2% |
| Amounts receivable within one year | 40/41 | €63,116 | €34,045 | -€29,071 | -46.1% |
| Trade receivables | 40 | - | €10,491 | +€10,491 | |
| Other amounts receivable | 41 | €63,116 | €23,554 | -€39,562 | -62.7% |
| Cash at bank and in hand | 54/58 | €20,428 | €19,111 | -€1,317 | -6.4% |
| Deferred charges and accrued income | 490/1 | €476 | €476 | = | 0.0% |
| Total equity and liabilities | 10/49 | €579,624 | €550,208 | -€29,417 | -5.1% |
| Equity | 10/15 | €57,439 | €35,996 | -€21,443 | -37.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €95,438 | €95,438 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €93,578 | €93,578 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,600 | -€78,043 | -€21,443 | -37.9% |
| Amounts payable | 17/49 | €522,186 | €514,212 | -€7,974 | -1.5% |
| Amounts payable after more than one year | 17 | €30,583 | €22,811 | -€7,772 | -25.4% |
| Financial debts | 170/4 | €30,583 | €22,811 | -€7,772 | -25.4% |
| Amounts payable within one year | 42/48 | €491,037 | €490,836 | -€202 | 0.0% |
| Trade debts | 44 | €5,009 | €7,432 | +€2,423 | +48.4% |
| Suppliers | 440/4 | €5,009 | €7,432 | +€2,423 | +48.4% |
| Taxes, remuneration and social security | 45 | €1,477 | - | -€1,477 | |
| Taxes | 450/3 | €1,477 | - | -€1,477 | |
| Other amounts payable | 47/48 | €484,551 | €483,404 | -€1,147 | -0.2% |
| Accrued charges and deferred income | 492/3 | €565 | €565 | = | 0.0% |
| Non-recurring operating income | 76A | €300 | - | -€300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €484 | €734 | +€250 | +51.7% |
| Other operating charges | 640/8 | €997 | €1,560 | +€563 | +56.5% |
| Gross operating margin | 9900 | -€45,958 | -€19,082 | +€26,877 | +58.5% |
| Operating profit (loss) | 9901 | -€47,439 | -€21,376 | +€26,063 | +54.9% |
| Financial charges | 65/66B | €150 | €67 | -€83 | -55.2% |
| Recurring financial charges | 65 | €150 | €67 | -€83 | -55.2% |
| Profit (loss) for the period before taxes | 9903 | -€47,589 | -€21,443 | +€26,146 | +54.9% |
| Income taxes | 67/77 | €402 | - | -€402 | |
| Profit (loss) for the period | 9904 | -€47,991 | -€21,443 | +€26,548 | +55.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€47,991 | -€21,443 | +€26,548 | +55.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.