ARTS OFFICE: 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 OFFICE
Largest movements
- Receivables after one year -€674,448
down €674,448 (-100%), from €674,448 to €0
- Receivables within one year +€639,737
up €639,737 (+240%), from €266,227 to €905,963
of which Other amounts receivable: +€569,169
- Current investments -€260,499
down €260,499 (-74.4%), from €350,000 to €89,501
- Tax, wage and social debts -€255,233
down €255,233 (-88.8%), from €287,472 to €32,240
- Reserves -€173,877
down €173,877 (-6.3%), from €2.8m to €2.6m
of which Distributable reserves: -€173,877
- Other debts +€158,183
up €158,183 (+52.6%), from €300,736 to €458,920
- Gross operating margin -€187,447
down €187,447 (-29.1%), from €643,321 to €455,874
- Taxes -€60,862
down €60,862 (-33.6%), from €181,204 to €120,341
- Financial income -€19,871
down €19,871 (-45.5%), from €43,644 to €23,773
- Depreciation -€17,064
down €17,064 (-17.5%), from €97,333 to €80,269
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 | €3,393,811 | €3,102,547 | -€291,264 | -8.6% |
| Fixed assets | 21/28 | €1,376,097 | €1,401,542 | +€25,444 | +1.8% |
| Tangible fixed assets | 22/27 | €1,376,097 | €1,401,542 | +€25,444 | +1.8% |
| Land and buildings | 22 | €722,523 | €662,371 | -€60,151 | -8.3% |
| Plant, machinery and equipment | 23 | €767 | €568 | -€198 | -25.9% |
| Furniture and vehicles | 24 | €143,724 | €116,030 | -€27,694 | -19.3% |
| Other tangible fixed assets | 26 | €509,084 | €622,572 | +€113,488 | +22.3% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €2,017,714 | €1,701,005 | -€316,708 | -15.7% |
| Amounts receivable after more than one year | 29 | €674,448 | €0 | -€674,448 | -100% |
| Other amounts receivable | 291 | €674,448 | €0 | -€674,448 | -100% |
| Amounts receivable within one year | 40/41 | €266,227 | €905,963 | +€639,737 | +240% |
| Trade receivables | 40 | €87,956 | €158,524 | +€70,567 | +80.2% |
| Other amounts receivable | 41 | €178,270 | €747,440 | +€569,169 | +319% |
| Current investments | 50/53 | €350,000 | €89,501 | -€260,499 | -74.4% |
| Cash at bank and in hand | 54/58 | €720,763 | €701,157 | -€19,606 | -2.7% |
| Deferred charges and accrued income | 490/1 | €6,276 | €4,384 | -€1,892 | -30.1% |
| Total equity and liabilities | 10/49 | €3,393,811 | €3,102,547 | -€291,264 | -8.6% |
| Equity | 10/15 | €2,772,137 | €2,598,259 | -€173,877 | -6.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €2,765,937 | €2,592,059 | -€173,877 | -6.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €2,764,077 | €2,590,199 | -€173,877 | -6.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €621,675 | €504,288 | -€117,387 | -18.9% |
| Amounts payable within one year | 42/48 | €604,736 | €503,708 | -€101,028 | -16.7% |
| Financial debts | 43 | - | €11,477 | +€11,477 | |
| Credit institutions | 430/8 | - | €11,477 | +€11,477 | |
| Trade debts | 44 | €16,527 | €1,071 | -€15,456 | -93.5% |
| Suppliers | 440/4 | €16,527 | €1,071 | -€15,456 | -93.5% |
| Taxes, remuneration and social security | 45 | €287,472 | €32,240 | -€255,233 | -88.8% |
| Taxes | 450/3 | €287,472 | €32,240 | -€255,233 | -88.8% |
| Other amounts payable | 47/48 | €300,736 | €458,920 | +€158,183 | +52.6% |
| Accrued charges and deferred income | 492/3 | €16,939 | €580 | -€16,359 | -96.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €97,333 | €80,269 | -€17,064 | -17.5% |
| Other operating charges | 640/8 | €4,743 | €4,289 | -€454 | -9.6% |
| Gross operating margin | 9900 | €643,321 | €455,874 | -€187,447 | -29.1% |
| Operating profit (loss) | 9901 | €541,245 | €371,317 | -€169,929 | -31.4% |
| Financial income | 75/76B | €43,644 | €23,773 | -€19,871 | -45.5% |
| Recurring financial income | 75 | €43,644 | €23,773 | -€19,871 | -45.5% |
| Financial charges | 65/66B | €4,545 | €2,663 | -€1,882 | -41.4% |
| Recurring financial charges | 65 | €4,545 | €2,663 | -€1,882 | -41.4% |
| Profit (loss) for the period before taxes | 9903 | €580,344 | €392,426 | -€187,918 | -32.4% |
| Income taxes | 67/77 | €181,204 | €120,341 | -€60,862 | -33.6% |
| Profit (loss) for the period | 9904 | €399,140 | €272,085 | -€127,055 | -31.8% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €399,140 | €272,085 | -€127,055 | -31.8% |
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 28 October 2026 via checked.be.