ARTS-KAAN: 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-KAAN
Largest movements
- Cash +€7,596
up €7,596 (+61.5%), from €12,347 to €19,942
mainly Other debts (+€12,000) and Net result for the year (+€11,734)
- Receivables within one year +€3,716
up €3,716 (+52.8%), from €7,044 to €10,759
of which Other amounts receivable: +€6,136
- Tangible fixed assets -€2,780
down €2,780 (-53.0%), from €5,244 to €2,464
- Other debts +€12,000
up €12,000 (+71.2%), from €16,860 to €28,860
- Tax, wage and social debts -€3,237
no longer reported in 2025 (was €3,237)
- Gross operating margin -€8,248
down €8,248 (-30.0%), from €27,510 to €19,263
- Taxes -€1,355
down €1,355 (-25.2%), from €5,381 to €4,026
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 | €24,635 | €33,166 | +€8,531 | +34.6% |
| Fixed assets | 21/28 | €5,244 | €2,464 | -€2,780 | -53.0% |
| Tangible fixed assets | 22/27 | €5,244 | €2,464 | -€2,780 | -53.0% |
| Furniture and vehicles | 24 | €5,244 | €2,464 | -€2,780 | -53.0% |
| Current assets | 29/58 | €19,390 | €30,702 | +€11,311 | +58.3% |
| Amounts receivable within one year | 40/41 | €7,044 | €10,759 | +€3,716 | +52.8% |
| Trade receivables | 40 | €2,420 | - | -€2,420 | |
| Other amounts receivable | 41 | €4,624 | €10,759 | +€6,136 | +133% |
| Cash at bank and in hand | 54/58 | €12,347 | €19,942 | +€7,596 | +61.5% |
| Total equity and liabilities | 10/49 | €24,635 | €33,166 | +€8,531 | +34.6% |
| Equity | 10/15 | €4,538 | €4,272 | -€266 | -5.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €538 | €272 | -€266 | -49.5% |
| Amounts payable | 17/49 | €20,097 | €28,894 | +€8,797 | +43.8% |
| Amounts payable within one year | 42/48 | €20,097 | €28,894 | +€8,797 | +43.8% |
| Trade debts | 44 | - | €34 | +€34 | |
| Suppliers | 440/4 | - | €34 | +€34 | |
| Taxes, remuneration and social security | 45 | €3,237 | - | -€3,237 | |
| Taxes | 450/3 | €3,237 | - | -€3,237 | |
| Other amounts payable | 47/48 | €16,860 | €28,860 | +€12,000 | +71.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,538 | €2,780 | +€242 | +9.5% |
| Other operating charges | 640/8 | €647 | €670 | +€22 | +3.5% |
| Gross operating margin | 9900 | €27,510 | €19,263 | -€8,248 | -30.0% |
| Operating profit (loss) | 9901 | €24,325 | €15,812 | -€8,512 | -35.0% |
| Financial income | 75/76B | €1 | €0 | -€0 | -38.9% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -38.9% |
| Financial charges | 65/66B | €57 | €53 | -€4 | -7.4% |
| Recurring financial charges | 65 | €57 | €53 | -€4 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €24,268 | €15,760 | -€8,508 | -35.1% |
| Income taxes | 67/77 | €5,381 | €4,026 | -€1,355 | -25.2% |
| Profit (loss) for the period | 9904 | €18,888 | €11,734 | -€7,154 | -37.9% |
| Profit (loss) for the period to be appropriated | 9905 | €18,888 | €11,734 | -€7,154 | -37.9% |
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.