ARTS et STANDING: 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 et STANDING
Largest movements
- Cash -€21,296
down €21,296 (-49.0%), from €43,491 to €22,196
mainly Debts within one year (-€20,746) and Net result for the year (-€6,545)
- Receivables within one year -€6,255
down €6,255 (-35.1%), from €17,845 to €11,590
- Debts within one year -€20,746
down €20,746 (-57.7%), from €35,972 to €15,227
- Profit (loss) carried forward -€6,545
down €6,545 (-19.0%), from -€34,457 to -€41,001
- Gross operating margin +€28,166
up €28,166, from -€24,885 to €3,280
- Depreciation +€259
up €259 (+97.6%), from €265 to €524
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €61,967 | €34,676 | -€27,290 | -44.0% |
| Fixed assets | 21/28 | €630 | €890 | +€260 | +41.3% |
| Tangible fixed assets | 22/27 | €494 | €754 | +€260 | +52.7% |
| Financial fixed assets | 28 | €136 | €136 | = | 0.0% |
| Current assets | 29/58 | €61,337 | €33,786 | -€27,550 | -44.9% |
| Amounts receivable within one year | 40/41 | €17,845 | €11,590 | -€6,255 | -35.1% |
| Cash at bank and in hand | 54/58 | €43,491 | €22,196 | -€21,296 | -49.0% |
| Total equity and liabilities | 10/49 | €61,967 | €34,676 | -€27,290 | -44.0% |
| Equity | 10/15 | -€14,006 | -€20,550 | -€6,545 | -46.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,457 | -€41,001 | -€6,545 | -19.0% |
| Provisions and deferred taxes | 16 | €40,000 | €40,000 | = | 0.0% |
| Amounts payable | 17/49 | €35,972 | €15,227 | -€20,746 | -57.7% |
| Amounts payable within one year | 42/48 | €35,972 | €15,227 | -€20,746 | -57.7% |
| Trade debts | 44 | €20,432 | €130 | -€20,302 | -99.4% |
| Turnover | 70 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €265 | €524 | +€259 | +97.6% |
| Gross operating margin | 9900 | -€24,885 | €3,280 | +€28,166 | |
| Operating profit (loss) | 9901 | -€36,547 | -€6,297 | +€30,251 | +82.8% |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Recurring financial charges | 65 | €208 | €250 | +€41 | +19.9% |
| Profit (loss) for the period before taxes | 9903 | -€36,756 | -€6,545 | +€30,211 | +82.2% |
| Income taxes | 67/77 | €136 | - | -€136 | |
| Profit (loss) for the period | 9904 | -€36,892 | -€6,545 | +€30,347 | +82.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,892 | -€6,545 | +€30,347 | +82.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2020 and 30 June 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.