ARTS CONSULTANCY: 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.
ARTS CONSULTANCY
Largest movements
- Cash +€190,593
up €190,593 (+228%), from €83,628 to €274,221
mainly Current investments (+€170,000) and Receivables within one year (+€40,753)
- Current investments -€170,000
down €170,000 (-100%), from €170,000 to €0
- Receivables within one year -€40,753
down €40,753 (-100%), from €40,753 to €0
of which Other amounts receivable: -€27,924
- Tangible fixed assets +€39,246
up €39,246 (+4,400%), from €892 to €40,138
- Reserves +€27,632
up €27,632 (+10.4%), from €266,907 to €294,539
of which Distributable reserves: +€27,632
- Other debts -€13,000
down €13,000 (-98.6%), from €13,184 to €185
- Tax, wage and social debts +€4,890
up €4,890 (+48.3%), from €10,125 to €15,014
- Financial income +€5,314
up €5,314 (+1,775%), from €299 to €5,613
- Depreciation +€4,617
up €4,617 (+2,588%), from €178 to €4,795
- Gross operating margin -€3,734
down €3,734 (-8.1%), from €45,986 to €42,252
- Taxes +€1,228
up €1,228 (+9.2%), from €13,291 to €14,519
- Other operating charges -€1,099
down €1,099 (-59.3%), from €1,853 to €754
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 | €295,548 | €314,359 | +€18,811 | +6.4% |
| Fixed assets | 21/28 | €892 | €40,138 | +€39,246 | +4,400% |
| Tangible fixed assets | 22/27 | €892 | €40,138 | +€39,246 | +4,400% |
| Furniture and vehicles | 24 | €892 | €40,138 | +€39,246 | +4,400% |
| Current assets | 29/58 | €294,656 | €274,221 | -€20,435 | -6.9% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €40,753 | €0 | -€40,753 | -100% |
| Trade receivables | 40 | €12,829 | €0 | -€12,829 | -100% |
| Other amounts receivable | 41 | €27,924 | €0 | -€27,924 | -100% |
| Current investments | 50/53 | €170,000 | €0 | -€170,000 | -100% |
| Cash at bank and in hand | 54/58 | €83,628 | €274,221 | +€190,593 | +228% |
| Deferred charges and accrued income | 490/1 | €275 | €0 | -€275 | -100% |
| Total equity and liabilities | 10/49 | €295,548 | €314,359 | +€18,811 | +6.4% |
| Equity | 10/15 | €266,907 | €294,539 | +€27,632 | +10.4% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €266,907 | €294,539 | +€27,632 | +10.4% |
| Tax-exempt reserves | 132 | €9,916 | €9,916 | = | 0.0% |
| Distributable reserves | 133 | €256,991 | €284,623 | +€27,632 | +10.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €28,641 | €19,821 | -€8,820 | -30.8% |
| Amounts payable within one year | 42/48 | €26,141 | €17,321 | -€8,820 | -33.7% |
| Trade debts | 44 | €2,832 | €2,121 | -€710 | -25.1% |
| Suppliers | 440/4 | €2,832 | €2,121 | -€710 | -25.1% |
| Taxes, remuneration and social security | 45 | €10,125 | €15,014 | +€4,890 | +48.3% |
| Taxes | 450/3 | €10,125 | €15,014 | +€4,890 | +48.3% |
| Other amounts payable | 47/48 | €13,184 | €185 | -€13,000 | -98.6% |
| Accrued charges and deferred income | 492/3 | €2,500 | €2,500 | = | 0.0% |
| Non-recurring operating income | 76A | - | €4,758 | +€4,758 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €178 | €4,795 | +€4,617 | +2,588% |
| Other operating charges | 640/8 | €1,853 | €754 | -€1,099 | -59.3% |
| Non-recurring operating charges | 66A | €1,507 | €0 | -€1,507 | -100% |
| Gross operating margin | 9900 | €45,986 | €42,252 | -€3,734 | -8.1% |
| Operating profit (loss) | 9901 | €42,448 | €36,704 | -€5,744 | -13.5% |
| Financial income | 75/76B | €299 | €5,613 | +€5,314 | +1,775% |
| Recurring financial income | 75 | €299 | €5,613 | +€5,314 | +1,775% |
| Financial charges | 65/66B | €461 | €167 | -€295 | -63.9% |
| Recurring financial charges | 65 | €461 | €167 | -€295 | -63.9% |
| Profit (loss) for the period before taxes | 9903 | €42,285 | €42,150 | -€135 | -0.3% |
| Income taxes | 67/77 | €13,291 | €14,519 | +€1,228 | +9.2% |
| Profit (loss) for the period | 9904 | €28,995 | €27,632 | -€1,363 | -4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €28,995 | €27,632 | -€1,363 | -4.7% |
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 14 October 2026 via checked.be.