ARTIST CORNER: 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.
ARTIST CORNER
Largest movements
- Receivables within one year -€14,925
down €14,925 (-93.3%), from €16,001 to €1,076
of which Other amounts receivable: -€9,310
- Stocks and contracts -€5,715
down €5,715 (-20.6%), from €27,770 to €22,056
- Deferred charges and accrued income +€4,452
up €4,452 (+45.4%), from €9,812 to €14,263
- Tangible fixed assets -€1,414
down €1,414 (-24.9%), from €5,671 to €4,257
of which Furniture and vehicles: -€3,581
- Trade debts -€13,019
down €13,019 (-52.1%), from €24,979 to €11,961
- Profit (loss) carried forward -€10,320
down €10,320 (-6.3%), from -€164,264 to -€174,584
- Short-term financial debts +€9,444
up €9,444 (+87.5%), from €10,788 to €20,232
- Tax, wage and social debts -€4,100
down €4,100 (-27.9%), from €14,713 to €10,612
of which Taxes: -€3,995
- Financial charges +€11,207
up €11,207 (+379%), from €2,957 to €14,164
of which Non-recurring financial charges: +€10,849
- Gross operating margin -€7,790
down €7,790 (-43.3%), from €17,978 to €10,188
- Staff costs +€2,554
up €2,554 (+151%), from €1,689 to €4,242
- Other operating charges -€1,042
down €1,042 (-41.7%), from €2,500 to €1,458
- Depreciation -€268
down €268 (-29.4%), from €911 to €643
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 | €65,660 | €47,948 | -€17,712 | -27.0% |
| Fixed assets | 21/28 | €6,666 | €5,253 | -€1,414 | -21.2% |
| Tangible fixed assets | 22/27 | €5,671 | €4,257 | -€1,414 | -24.9% |
| Plant, machinery and equipment | 23 | €1,490 | €2,792 | +€1,303 | +87.4% |
| Furniture and vehicles | 24 | €3,581 | €0 | -€3,581 | -100% |
| Other tangible fixed assets | 26 | €600 | €1,465 | +€865 | +144% |
| Financial fixed assets | 28 | €996 | €996 | = | 0.0% |
| Current assets | 29/58 | €58,993 | €42,695 | -€16,298 | -27.6% |
| Stocks and contracts in progress | 3 | €27,770 | €22,056 | -€5,715 | -20.6% |
| Stocks | 30/36 | €27,770 | €22,056 | -€5,715 | -20.6% |
| Amounts receivable within one year | 40/41 | €16,001 | €1,076 | -€14,925 | -93.3% |
| Trade receivables | 40 | €6,691 | €1,076 | -€5,615 | -83.9% |
| Other amounts receivable | 41 | €9,310 | - | -€9,310 | |
| Cash at bank and in hand | 54/58 | €5,411 | €5,300 | -€111 | -2.1% |
| Deferred charges and accrued income | 490/1 | €9,812 | €14,263 | +€4,452 | +45.4% |
| Total equity and liabilities | 10/49 | €65,660 | €47,948 | -€17,712 | -27.0% |
| Equity | 10/15 | -€82,405 | -€92,725 | -€10,320 | -12.5% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Contributions outside capital | 11 | €80,000 | €80,000 | = | 0.0% |
| Other | 1109/19 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€164,264 | -€174,584 | -€10,320 | -6.3% |
| Amounts payable | 17/49 | €148,065 | €140,673 | -€7,392 | -5.0% |
| Amounts payable within one year | 42/48 | €148,002 | €140,673 | -€7,330 | -5.0% |
| Financial debts | 43 | €10,788 | €20,232 | +€9,444 | +87.5% |
| Credit institutions | 430/8 | €10,788 | €20,232 | +€9,444 | +87.5% |
| Trade debts | 44 | €24,979 | €11,961 | -€13,019 | -52.1% |
| Suppliers | 440/4 | €24,979 | €11,961 | -€13,019 | -52.1% |
| Taxes, remuneration and social security | 45 | €14,713 | €10,612 | -€4,100 | -27.9% |
| Taxes | 450/3 | €12,610 | €8,614 | -€3,995 | -31.7% |
| Remuneration and social security | 454/9 | €2,103 | €1,998 | -€105 | -5.0% |
| Other amounts payable | 47/48 | €97,522 | €97,867 | +€346 | +0.4% |
| Accrued charges and deferred income | 492/3 | €63 | - | -€63 | |
| Remuneration, social security and pensions | 62 | €1,689 | €4,242 | +€2,554 | +151% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €911 | €643 | -€268 | -29.4% |
| Other operating charges | 640/8 | €2,500 | €1,458 | -€1,042 | -41.7% |
| Gross operating margin | 9900 | €17,978 | €10,188 | -€7,790 | -43.3% |
| Operating profit (loss) | 9901 | €12,878 | €3,844 | -€9,034 | -70.2% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €2,957 | €14,164 | +€11,207 | +379% |
| Recurring financial charges | 65 | €2,957 | €3,315 | +€357 | +12.1% |
| Non-recurring financial charges | 66B | - | €10,849 | +€10,849 | |
| Profit (loss) for the period before taxes | 9903 | €9,921 | -€10,320 | -€20,241 | |
| Profit (loss) for the period | 9904 | €9,921 | -€10,320 | -€20,241 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,921 | -€10,320 | -€20,241 |
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 27 October 2026 via checked.be.