Artistique: what changed
Artistique
Largest movements
- Cash +€86,793
up €86,793 (+219%), from €39,574 to €126,367
mainly Current investments (+€60,000) and Net result for the year (+€54,306)
- Current investments -€60,000
down €60,000 (-100%), from €60,000 to €0
- Tangible fixed assets -€22,063
down €22,063 (-11.4%), from €193,348 to €171,285
of which Furniture and vehicles: -€12,479
- Receivables within one year -€11,103
down €11,103 (-73.0%), from €15,211 to €4,107
- Debts after one year -€19,677
down €19,677 (-22.7%), from €86,622 to €66,945
- Other debts +€18,345
up €18,345 (+17,493%), from €105 to €18,450
- Reserves +€12,619
up €12,619 (+4.8%), from €264,577 to €277,196
- Tax, wage and social debts -€5,400
down €5,400 (-27.6%), from €19,581 to €14,181
of which Remuneration and social security: -€9,830
- Trade debts -€5,009
down €5,009 (-47.1%), from €10,637 to €5,628
- Staff costs -€30,706
down €30,706 (-21.2%), from €145,090 to €114,384
- Gross operating margin -€16,996
down €16,996 (-7.0%), from €243,196 to €226,200
- Taxes +€13,648
up €13,648 (+94.2%), from €14,484 to €28,131
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 | €428,161 | €424,427 | -€3,734 | -0.9% |
| Fixed assets | 21/28 | €193,511 | €171,285 | -€22,226 | -11.5% |
| Intangible fixed assets | 21 | €163 | €0 | -€163 | -100% |
| Tangible fixed assets | 22/27 | €193,348 | €171,285 | -€22,063 | -11.4% |
| Land and buildings | 22 | €157,715 | €147,406 | -€10,309 | -6.5% |
| Plant, machinery and equipment | 23 | €276 | €1,000 | +€724 | +263% |
| Furniture and vehicles | 24 | €35,357 | €22,879 | -€12,479 | -35.3% |
| Current assets | 29/58 | €234,650 | €253,142 | +€18,492 | +7.9% |
| Amounts receivable after more than one year | 29 | €79,000 | €79,000 | = | 0.0% |
| Other amounts receivable | 291 | €79,000 | €79,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €38,811 | €41,614 | +€2,802 | +7.2% |
| Stocks | 30/36 | €38,811 | €41,614 | +€2,802 | +7.2% |
| Amounts receivable within one year | 40/41 | €15,211 | €4,107 | -€11,103 | -73.0% |
| Other amounts receivable | 41 | €15,211 | €4,107 | -€11,103 | -73.0% |
| Current investments | 50/53 | €60,000 | €0 | -€60,000 | -100% |
| Cash at bank and in hand | 54/58 | €39,574 | €126,367 | +€86,793 | +219% |
| Deferred charges and accrued income | 490/1 | €2,054 | €2,054 | = | 0.0% |
| Total equity and liabilities | 10/49 | €428,161 | €424,427 | -€3,734 | -0.9% |
| Equity | 10/15 | €283,177 | €295,796 | +€12,619 | +4.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €264,577 | €277,196 | +€12,619 | +4.8% |
| Distributable reserves | 133 | €264,577 | €277,196 | +€12,619 | +4.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €144,985 | €128,631 | -€16,353 | -11.3% |
| Amounts payable after more than one year | 17 | €86,622 | €66,945 | -€19,677 | -22.7% |
| Financial debts | 170/4 | €86,622 | €66,945 | -€19,677 | -22.7% |
| Amounts payable within one year | 42/48 | €58,362 | €61,686 | +€3,324 | +5.7% |
| Current portion of amounts payable after more than one year | 42 | €28,039 | €23,427 | -€4,612 | -16.4% |
| Trade debts | 44 | €10,637 | €5,628 | -€5,009 | -47.1% |
| Suppliers | 440/4 | €10,637 | €5,628 | -€5,009 | -47.1% |
| Taxes, remuneration and social security | 45 | €19,581 | €14,181 | -€5,400 | -27.6% |
| Taxes | 450/3 | €2,503 | €6,933 | +€4,430 | +177% |
| Remuneration and social security | 454/9 | €17,078 | €7,248 | -€9,830 | -57.6% |
| Other amounts payable | 47/48 | €105 | €18,450 | +€18,345 | +17,493% |
| Remuneration, social security and pensions | 62 | €145,090 | €114,384 | -€30,706 | -21.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,633 | €23,684 | +€51 | +0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €4,505 | €4,459 | -€46 | -1.0% |
| Gross operating margin | 9900 | €243,196 | €226,200 | -€16,996 | -7.0% |
| Operating profit (loss) | 9901 | €69,967 | €83,673 | +€13,706 | +19.6% |
| Financial income | 75/76B | €5,630 | €4,534 | -€1,096 | -19.5% |
| Recurring financial income | 75 | €5,630 | €4,534 | -€1,096 | -19.5% |
| Financial charges | 65/66B | €6,057 | €5,770 | -€286 | -4.7% |
| Recurring financial charges | 65 | €6,057 | €5,770 | -€286 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €69,540 | €82,437 | +€12,897 | +18.5% |
| Income taxes | 67/77 | €14,484 | €28,131 | +€13,648 | +94.2% |
| Profit (loss) for the period | 9904 | €55,057 | €54,306 | -€751 | -1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €55,057 | €54,306 | -€751 | -1.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.