Artistic Studio: 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.
Artistic Studio
Largest movements
- Tangible fixed assets +€16,959
up €16,959 (+273.9%), from €6,192 to €23,151
of which Furniture and vehicles: +€16,882
- Receivables within one year +€9,711
up €9,711 (+19.5%), from €49,732 to €59,442
of which Trade receivables: +€9,711
- Cash -€4,726
down €4,726 (-100.0%), from €4,726 to €0
mainly Investment in fixed assets (net) (-€25,231) and Receivables within one year (-€9,711)
- Profit (loss) carried forward +€16,720
up €16,720 (+27.4%), from -€61,069 to -€44,350
- Trade debts -€8,991
down €8,991 (-91.8%), from €9,793 to €802
- Other debts +€8,362
up €8,362 (+9.5%), from €88,024 to €96,386
- Short-term financial debts +€3,341
new in 2025: €3,341
- Tax, wage and social debts +€2,892
up €2,892 (+42.1%), from €6,867 to €9,759
of which Remuneration and social security: +€2,542
- Staff costs +€17,566
up €17,566 (+714.8%), from €2,457 to €20,023
- Other operating charges -€15,753
down €15,753 (-85.8%), from €18,363 to €2,610
- Depreciation +€5,636
up €5,636 (+169.6%), from €3,323 to €8,959
- Gross operating margin -€3,849
down €3,849 (-7.4%), from €51,839 to €47,990
- Financial charges -€893
down €893 (-67.4%), from €1,325 to €432
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.
Cash bridge derived
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 | €63,541 | €84,627 | +€21,086 | +33.2% |
| Fixed assets | 21/28 | €7,343 | €23,615 | +€16,272 | +221.6% |
| Intangible fixed assets | 21 | €930 | €243 | -€687 | -73.9% |
| Tangible fixed assets | 22/27 | €6,192 | €23,151 | +€16,959 | +273.9% |
| Plant, machinery and equipment | 23 | €712 | €246 | -€466 | -65.5% |
| Furniture and vehicles | 24 | €4,255 | €21,136 | +€16,882 | +396.8% |
| Other tangible fixed assets | 26 | €1,225 | €1,769 | +€544 | +44.4% |
| Financial fixed assets | 28 | €221 | €221 | = | 0.0% |
| Current assets | 29/58 | €56,197 | €61,012 | +€4,814 | +8.6% |
| Stocks and contracts in progress | 3 | €665 | €665 | = | 0.0% |
| Stocks | 30/36 | €665 | €665 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €49,732 | €59,442 | +€9,711 | +19.5% |
| Trade receivables | 40 | €45,575 | €55,286 | +€9,711 | +21.3% |
| Other amounts receivable | 41 | €4,156 | €4,156 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,726 | €0 | -€4,726 | -100.0% |
| Deferred charges and accrued income | 490/1 | €1,075 | €904 | -€170 | -15.9% |
| Total equity and liabilities | 10/49 | €63,541 | €84,627 | +€21,086 | +33.2% |
| Equity | 10/15 | -€41,391 | -€25,662 | +€15,730 | +38.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €88 | €88 | = | 0.0% |
| Non-distributable reserves | 130/1 | €88 | €88 | = | 0.0% |
| Reserves not available under the articles | 1311 | €88 | €88 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,069 | -€44,350 | +€16,720 | +27.4% |
| Investment grants | 15 | €990 | - | -€990 | |
| Provisions and deferred taxes | 16 | €248 | - | -€248 | |
| Deferred taxes | 168 | €248 | - | -€248 | |
| Amounts payable | 17/49 | €104,685 | €110,289 | +€5,604 | +5.4% |
| Amounts payable within one year | 42/48 | €104,685 | €110,289 | +€5,604 | +5.4% |
| Financial debts | 43 | - | €3,341 | +€3,341 | |
| Credit institutions | 430/8 | - | €3,341 | +€3,341 | |
| Trade debts | 44 | €9,793 | €802 | -€8,991 | -91.8% |
| Suppliers | 440/4 | €9,793 | €802 | -€8,991 | -91.8% |
| Taxes, remuneration and social security | 45 | €6,867 | €9,759 | +€2,892 | +42.1% |
| Taxes | 450/3 | €3,771 | €4,121 | +€350 | +9.3% |
| Remuneration and social security | 454/9 | €3,096 | €5,639 | +€2,542 | +82.1% |
| Other amounts payable | 47/48 | €88,024 | €96,386 | +€8,362 | +9.5% |
| Remuneration, social security and pensions | 62 | €2,457 | €20,023 | +€17,566 | +714.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,323 | €8,959 | +€5,636 | +169.6% |
| Other operating charges | 640/8 | €18,363 | €2,610 | -€15,753 | -85.8% |
| Gross operating margin | 9900 | €51,839 | €47,990 | -€3,849 | -7.4% |
| Operating profit (loss) | 9901 | €27,696 | €16,398 | -€11,298 | -40.8% |
| Financial income | 75/76B | €990 | €990 | +€0 | 0.0% |
| Recurring financial income | 75 | €990 | €990 | +€0 | 0.0% |
| Financial charges | 65/66B | €1,325 | €432 | -€893 | -67.4% |
| Recurring financial charges | 65 | €1,325 | €432 | -€893 | -67.4% |
| Profit (loss) for the period before taxes | 9903 | €27,361 | €16,956 | -€10,405 | -38.0% |
| Transfer from deferred taxes | 780 | €248 | €248 | = | 0.0% |
| Income taxes | 67/77 | €630 | €484 | -€147 | -23.3% |
| Profit (loss) for the period | 9904 | €26,978 | €16,720 | -€10,259 | -38.0% |
| Profit (loss) for the period to be appropriated | 9905 | €26,978 | €16,720 | -€10,259 | -38.0% |
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 10 October 2026 via checked.be.