ARTliving: 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.
ARTliving
Largest movements
- Receivables within one year +€49,788
up €49,788 (+34.6%), from €143,839 to €193,626
of which Other amounts receivable: +€34,006
- Receivables after one year +€14,920
up €14,920 (+5.4%), from €276,463 to €291,383
- Cash -€10,854
down €10,854 (-59.7%), from €18,175 to €7,321
mainly Receivables within one year (-€49,788) and Receivables after one year (-€14,920)
- Reserves +€69,060
up €69,060 (+21.5%), from €321,276 to €390,335
- Other debts -€9,803
down €9,803 (-64.1%), from €15,303 to €5,500
- Tax, wage and social debts +€8,721
up €8,721 (+9.3%), from €94,105 to €102,826
- Current portion of long-term debt -€8,502
down €8,502 (-66.2%), from €12,847 to €4,344
- Trade debts -€7,363
down €7,363 (-19.0%), from €38,821 to €31,458
- Gross operating margin -€2,680
down €2,680 (-2.4%), from €113,821 to €111,142
- Taxes -€1,853
down €1,853 (-4.1%), from €45,527 to €43,674
- Financial income -€1,730
down €1,730 (-9.7%), from €17,830 to €16,101
- Financial charges +€1,526
up €1,526 (+31.2%), from €4,887 to €6,413
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 | €506,696 | €558,140 | +€51,445 | +10.2% |
| Fixed assets | 21/28 | €65,491 | €62,981 | -€2,510 | -3.8% |
| Tangible fixed assets | 22/27 | €15,489 | €12,979 | -€2,510 | -16.2% |
| Plant, machinery and equipment | 23 | €15,100 | €12,979 | -€2,120 | -14.0% |
| Furniture and vehicles | 24 | €389 | €0 | -€389 | -100% |
| Financial fixed assets | 28 | €50,002 | €50,002 | = | 0.0% |
| Current assets | 29/58 | €441,205 | €495,159 | +€53,954 | +12.2% |
| Amounts receivable after more than one year | 29 | €276,463 | €291,383 | +€14,920 | +5.4% |
| Other amounts receivable | 291 | €276,463 | €291,383 | +€14,920 | +5.4% |
| Amounts receivable within one year | 40/41 | €143,839 | €193,626 | +€49,788 | +34.6% |
| Trade receivables | 40 | €7,965 | €23,747 | +€15,782 | +198% |
| Other amounts receivable | 41 | €135,874 | €169,879 | +€34,006 | +25.0% |
| Cash at bank and in hand | 54/58 | €18,175 | €7,321 | -€10,854 | -59.7% |
| Deferred charges and accrued income | 490/1 | €2,728 | €2,829 | +€101 | +3.7% |
| Total equity and liabilities | 10/49 | €506,696 | €558,140 | +€51,445 | +10.2% |
| Equity | 10/15 | €341,276 | €410,335 | +€69,060 | +20.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €321,276 | €390,335 | +€69,060 | +21.5% |
| Distributable reserves | 133 | €321,276 | €390,335 | +€69,060 | +21.5% |
| Amounts payable | 17/49 | €165,420 | €147,805 | -€17,615 | -10.6% |
| Amounts payable after more than one year | 17 | €4,344 | €0 | -€4,344 | -100% |
| Financial debts | 170/4 | €4,344 | €0 | -€4,344 | -100% |
| Amounts payable within one year | 42/48 | €161,076 | €147,805 | -€13,271 | -8.2% |
| Current portion of amounts payable after more than one year | 42 | €12,847 | €4,344 | -€8,502 | -66.2% |
| Financial debts | 43 | - | €3,676 | +€3,676 | |
| Credit institutions | 430/8 | - | €3,676 | +€3,676 | |
| Trade debts | 44 | €38,821 | €31,458 | -€7,363 | -19.0% |
| Suppliers | 440/4 | €38,821 | €31,458 | -€7,363 | -19.0% |
| Taxes, remuneration and social security | 45 | €94,105 | €102,826 | +€8,721 | +9.3% |
| Taxes | 450/3 | €94,105 | €102,826 | +€8,721 | +9.3% |
| Other amounts payable | 47/48 | €15,303 | €5,500 | -€9,803 | -64.1% |
| Non-recurring operating income | 76A | €3,000 | €0 | -€3,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,013 | €2,510 | +€497 | +24.7% |
| Other operating charges | 640/8 | €6,166 | €5,586 | -€579 | -9.4% |
| Gross operating margin | 9900 | €113,821 | €111,142 | -€2,680 | -2.4% |
| Operating profit (loss) | 9901 | €105,643 | €103,046 | -€2,597 | -2.5% |
| Financial income | 75/76B | €17,830 | €16,101 | -€1,730 | -9.7% |
| Recurring financial income | 75 | €17,830 | €16,101 | -€1,730 | -9.7% |
| Financial charges | 65/66B | €4,887 | €6,413 | +€1,526 | +31.2% |
| Recurring financial charges | 65 | €4,887 | €6,413 | +€1,526 | +31.2% |
| Profit (loss) for the period before taxes | 9903 | €118,586 | €112,734 | -€5,852 | -4.9% |
| Income taxes | 67/77 | €45,527 | €43,674 | -€1,853 | -4.1% |
| Profit (loss) for the period | 9904 | €73,059 | €69,060 | -€3,999 | -5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €73,059 | €69,060 | -€3,999 | -5.5% |
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 29 October 2026 via checked.be.