ARTO EVENTS: 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.
ARTO EVENTS
Largest movements
- Cash +€90,363
up €90,363 (+100%), from €90,305 to €180,668
mainly Net result for the year (+€61,224) and Trade debts (+€30,143)
- Receivables within one year -€3,161
down €3,161 (-66.5%), from €4,754 to €1,593
of which Trade receivables: -€4,754
- Reserves +€61,224
up €61,224 (+97.4%), from €62,887 to €124,111
of which Distributable reserves: +€61,224
- Trade debts +€30,143
up €30,143 (+509%), from €5,921 to €36,065
- Other debts -€9,156
down €9,156 (-90.0%), from €10,176 to €1,020
- Gross operating margin +€91,781
up €91,781 (+35.0%), from €262,363 to €354,143
- Staff costs +€31,091
up €31,091 (+13.7%), from €226,388 to €257,479
- Taxes +€17,145
up €17,145 (+274%), from €6,262 to €23,407
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 | €127,616 | €212,346 | +€84,730 | +66.4% |
| Fixed assets | 21/28 | €22,815 | €22,510 | -€304 | -1.3% |
| Tangible fixed assets | 22/27 | €22,815 | €22,510 | -€304 | -1.3% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €14,558 | €16,660 | +€2,102 | +14.4% |
| Furniture and vehicles | 24 | €8,257 | €5,850 | -€2,407 | -29.2% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €104,801 | €189,836 | +€85,035 | +81.1% |
| Stocks and contracts in progress | 3 | €3,174 | €2,554 | -€619 | -19.5% |
| Stocks | 30/36 | €3,174 | €2,554 | -€619 | -19.5% |
| Amounts receivable within one year | 40/41 | €4,754 | €1,593 | -€3,161 | -66.5% |
| Trade receivables | 40 | €4,754 | €0 | -€4,754 | -100% |
| Other amounts receivable | 41 | €0 | €1,593 | +€1,593 | |
| Cash at bank and in hand | 54/58 | €90,305 | €180,668 | +€90,363 | +100% |
| Deferred charges and accrued income | 490/1 | €6,569 | €5,021 | -€1,547 | -23.6% |
| Total equity and liabilities | 10/49 | €127,616 | €212,346 | +€84,730 | +66.4% |
| Equity | 10/15 | €81,487 | €142,711 | +€61,224 | +75.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €62,887 | €124,111 | +€61,224 | +97.4% |
| Tax-exempt reserves | 132 | €13,720 | €13,720 | = | 0.0% |
| Distributable reserves | 133 | €49,167 | €110,391 | +€61,224 | +125% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €46,129 | €69,635 | +€23,507 | +51.0% |
| Amounts payable within one year | 42/48 | €46,129 | €68,752 | +€22,623 | +49.0% |
| Trade debts | 44 | €5,921 | €36,065 | +€30,143 | +509% |
| Suppliers | 440/4 | €5,921 | €36,065 | +€30,143 | +509% |
| Taxes, remuneration and social security | 45 | €30,031 | €31,667 | +€1,636 | +5.4% |
| Taxes | 450/3 | €8,277 | €12,590 | +€4,313 | +52.1% |
| Remuneration and social security | 454/9 | €21,754 | €19,077 | -€2,678 | -12.3% |
| Other amounts payable | 47/48 | €10,176 | €1,020 | -€9,156 | -90.0% |
| Accrued charges and deferred income | 492/3 | - | €884 | +€884 | |
| Remuneration, social security and pensions | 62 | €226,388 | €257,479 | +€31,091 | +13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,036 | €6,701 | -€1,335 | -16.6% |
| Other operating charges | 640/8 | €1,663 | €1,696 | +€33 | +2.0% |
| Gross operating margin | 9900 | €262,363 | €354,143 | +€91,781 | +35.0% |
| Operating profit (loss) | 9901 | €26,275 | €88,267 | +€61,992 | +236% |
| Financial income | 75/76B | €1 | €6 | +€5 | +420% |
| Recurring financial income | 75 | €1 | €6 | +€5 | +420% |
| Financial charges | 65/66B | €3,232 | €3,642 | +€410 | +12.7% |
| Recurring financial charges | 65 | €3,232 | €3,642 | +€410 | +12.7% |
| Profit (loss) for the period before taxes | 9903 | €23,044 | €84,631 | +€61,587 | +267% |
| Income taxes | 67/77 | €6,262 | €23,407 | +€17,145 | +274% |
| Profit (loss) for the period | 9904 | €16,782 | €61,224 | +€44,442 | +265% |
| Profit (loss) for the period to be appropriated | 9905 | €16,782 | €61,224 | +€44,442 | +265% |
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 23 October 2026 via checked.be.