ARTFUL NOTION: what changed
ARTFUL NOTION
Largest movements
- Receivables within one year +€6,435
up €6,435 (+71.9%), from €8,950 to €15,385
of which Other amounts receivable: +€3,565
- Cash +€3,662
up €3,662 (+22.2%), from €16,526 to €20,188
mainly Trade debts (+€8,782) and Tax, wage and social debts (+€2,669)
- Tangible fixed assets -€1,371
down €1,371 (-52.3%), from €2,620 to €1,249
- Deferred charges and accrued income -€1,344
down €1,344 (-23.2%), from €5,794 to €4,450
- Trade debts +€8,782
up €8,782 (+256%), from €3,426 to €12,208
- Profit (loss) carried forward -€3,326
down €3,326 (-15.2%), from €21,927 to €18,601
- Tax, wage and social debts +€2,669
up €2,669 (+127%), from €2,098 to €4,767
of which Taxes: +€2,167
- Other debts -€671
down €671 (-19.9%), from €3,367 to €2,696
- Gross operating margin -€20,288
down €20,288 (-60.1%), from €33,743 to €13,455
- Taxes -€6,021
down €6,021, from €5,876 to -€145
- Other operating charges +€3,211
up €3,211 (+31.2%), from €10,292 to €13,503
- Financial charges +€748
up €748 (+57.4%), from €1,304 to €2,052
- Depreciation +€510
up €510 (+59.2%), from €861 to €1,371
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 | €33,890 | €41,272 | +€7,382 | +21.8% |
| Fixed assets | 21/28 | €2,620 | €1,249 | -€1,371 | -52.3% |
| Tangible fixed assets | 22/27 | €2,620 | €1,249 | -€1,371 | -52.3% |
| Furniture and vehicles | 24 | €2,620 | €1,249 | -€1,371 | -52.3% |
| Current assets | 29/58 | €31,270 | €40,023 | +€8,753 | +28.0% |
| Amounts receivable within one year | 40/41 | €8,950 | €15,385 | +€6,435 | +71.9% |
| Trade receivables | 40 | €8,015 | €10,885 | +€2,870 | +35.8% |
| Other amounts receivable | 41 | €935 | €4,500 | +€3,565 | +381% |
| Cash at bank and in hand | 54/58 | €16,526 | €20,188 | +€3,662 | +22.2% |
| Deferred charges and accrued income | 490/1 | €5,794 | €4,450 | -€1,344 | -23.2% |
| Total equity and liabilities | 10/49 | €33,890 | €41,272 | +€7,382 | +21.8% |
| Equity | 10/15 | €24,927 | €21,601 | -€3,326 | -13.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,927 | €18,601 | -€3,326 | -15.2% |
| Amounts payable | 17/49 | €8,963 | €19,671 | +€10,708 | +119% |
| Amounts payable within one year | 42/48 | €8,891 | €19,671 | +€10,780 | +121% |
| Trade debts | 44 | €3,426 | €12,208 | +€8,782 | +256% |
| Suppliers | 440/4 | €3,426 | €12,208 | +€8,782 | +256% |
| Taxes, remuneration and social security | 45 | €2,098 | €4,767 | +€2,669 | +127% |
| Taxes | 450/3 | €1,100 | €3,267 | +€2,167 | +197% |
| Remuneration and social security | 454/9 | €998 | €1,500 | +€502 | +50.3% |
| Other amounts payable | 47/48 | €3,367 | €2,696 | -€671 | -19.9% |
| Accrued charges and deferred income | 492/3 | €72 | - | -€72 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €861 | €1,371 | +€510 | +59.2% |
| Other operating charges | 640/8 | €10,292 | €13,503 | +€3,211 | +31.2% |
| Gross operating margin | 9900 | €33,743 | €13,455 | -€20,288 | -60.1% |
| Operating profit (loss) | 9901 | €22,590 | -€1,419 | -€24,009 | |
| Financial income | 75/76B | €17 | - | -€17 | |
| Recurring financial income | 75 | €17 | - | -€17 | |
| Financial charges | 65/66B | €1,304 | €2,052 | +€748 | +57.4% |
| Recurring financial charges | 65 | €1,304 | €2,052 | +€748 | +57.4% |
| Profit (loss) for the period before taxes | 9903 | €21,303 | -€3,471 | -€24,774 | |
| Income taxes | 67/77 | €5,876 | -€145 | -€6,021 | |
| Profit (loss) for the period | 9904 | €15,427 | -€3,326 | -€18,753 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,427 | -€3,326 | -€18,753 |
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 1 November 2026 via checked.be.