Artport: 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.
Artport
Largest movements
- Tangible fixed assets -€106,351
down €106,351 (-6.6%), from €1.6m to €1.5m
of which Land and buildings: -€75,850
- Cash -€62,492
down €62,492 (-87.5%), from €71,412 to €8,919
mainly Debts after one year (-€142,683) and Net result for the year (-€21,875)
- Debts after one year -€142,683
down €142,683 (-16.3%), from €874,357 to €731,673
- Profit (loss) carried forward -€21,875
down €21,875 (-18.9%), from -€115,726 to -€137,601
- Gross operating margin +€23,922
up €23,922 (+18.8%), from €127,110 to €151,032
- Financial charges +€9,500
up €9,500 (+21.8%), from €43,609 to €53,110
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 | €1,732,568 | €1,566,887 | -€165,680 | -9.6% |
| Fixed assets | 21/28 | €1,604,545 | €1,498,194 | -€106,351 | -6.6% |
| Tangible fixed assets | 22/27 | €1,604,545 | €1,498,194 | -€106,351 | -6.6% |
| Land and buildings | 22 | €1,516,265 | €1,440,414 | -€75,850 | -5.0% |
| Plant, machinery and equipment | 23 | €88,280 | €57,780 | -€30,500 | -34.5% |
| Current assets | 29/58 | €128,023 | €68,693 | -€59,330 | -46.3% |
| Amounts receivable within one year | 40/41 | €56,314 | €59,465 | +€3,151 | +5.6% |
| Trade receivables | 40 | €56,314 | €59,465 | +€3,151 | +5.6% |
| Cash at bank and in hand | 54/58 | €71,412 | €8,919 | -€62,492 | -87.5% |
| Deferred charges and accrued income | 490/1 | €297 | €309 | +€11 | +3.8% |
| Total equity and liabilities | 10/49 | €1,732,568 | €1,566,887 | -€165,680 | -9.6% |
| Equity | 10/15 | €219,074 | €197,199 | -€21,875 | -10.0% |
| Contributions | 10/11 | €334,800 | €334,800 | = | 0.0% |
| Capital | 10 | €334,800 | €334,800 | = | 0.0% |
| Issued capital | 100 | €334,800 | €334,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€115,726 | -€137,601 | -€21,875 | -18.9% |
| Amounts payable | 17/49 | €1,513,494 | €1,369,688 | -€143,806 | -9.5% |
| Amounts payable after more than one year | 17 | €874,357 | €731,673 | -€142,683 | -16.3% |
| Financial debts | 170/4 | €874,357 | €731,673 | -€142,683 | -16.3% |
| Amounts payable within one year | 42/48 | €629,256 | €626,833 | -€2,422 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €228,623 | €232,683 | +€4,060 | +1.8% |
| Trade debts | 44 | €14,387 | €6,272 | -€8,115 | -56.4% |
| Suppliers | 440/4 | €14,387 | €6,272 | -€8,115 | -56.4% |
| Taxes, remuneration and social security | 45 | €5,856 | €7,488 | +€1,632 | +27.9% |
| Taxes | 450/3 | €5,856 | €7,488 | +€1,632 | +27.9% |
| Other amounts payable | 47/48 | €380,390 | €380,390 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €9,881 | €11,181 | +€1,300 | +13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,321 | €106,351 | +€1,029 | +1.0% |
| Other operating charges | 640/8 | €13,042 | €13,448 | +€406 | +3.1% |
| Gross operating margin | 9900 | €127,110 | €151,032 | +€23,922 | +18.8% |
| Operating profit (loss) | 9901 | €8,747 | €31,233 | +€22,486 | +257% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €43,609 | €53,110 | +€9,500 | +21.8% |
| Recurring financial charges | 65 | €43,609 | €53,110 | +€9,500 | +21.8% |
| Profit (loss) for the period before taxes | 9903 | -€34,862 | -€21,875 | +€12,988 | +37.3% |
| Profit (loss) for the period | 9904 | -€34,862 | -€21,875 | +€12,988 | +37.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,862 | -€21,875 | +€12,988 | +37.3% |
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 20 October 2026 via checked.be.