Arts & Tao: what changed
Arts & Tao
Largest movements
- Cash +€2,902
up €2,902 (+34.7%), from €8,361 to €11,263
mainly Receivables within one year (+€870) and Net result for the year (+€732)
- Receivables within one year -€870
no longer reported in 2026 (was €870)
of which Other amounts receivable: -€720
- Intangible fixed assets -€484
down €484 (-21.3%), from €2,275 to €1,791
- Profit (loss) carried forward +€732
up €732 (+70.8%), from -€1,034 to -€302
- Trade debts +€434
up €434 (+497%), from €87 to €522
- Tax, wage and social debts +€338
up €338 (+64.6%), from €523 to €861
- Gross operating margin -€1,123
down €1,123 (-32.3%), from €3,476 to €2,353
- Taxes +€533
new in 2026: €533
- Other operating charges -€90
down €90 (-18.5%), from €490 to €400
- Financial charges +€62
up €62 (+43.7%), from €142 to €204
- Depreciation -€37
down €37 (-7.1%), from €521 to €484
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,129 | €13,634 | +€1,504 | +12.4% |
| Fixed assets | 21/28 | €2,275 | €1,791 | -€484 | -21.3% |
| Intangible fixed assets | 21 | €2,275 | €1,791 | -€484 | -21.3% |
| Current assets | 29/58 | €9,854 | €11,842 | +€1,988 | +20.2% |
| Amounts receivable within one year | 40/41 | €870 | - | -€870 | |
| Trade receivables | 40 | €150 | - | -€150 | |
| Other amounts receivable | 41 | €720 | - | -€720 | |
| Cash at bank and in hand | 54/58 | €8,361 | €11,263 | +€2,902 | +34.7% |
| Deferred charges and accrued income | 490/1 | €623 | €579 | -€44 | -7.1% |
| Total equity and liabilities | 10/49 | €12,129 | €13,634 | +€1,504 | +12.4% |
| Equity | 10/15 | €11,366 | €12,098 | +€732 | +6.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,034 | -€302 | +€732 | +70.8% |
| Amounts payable | 17/49 | €764 | €1,535 | +€772 | +101% |
| Amounts payable within one year | 42/48 | €764 | €1,535 | +€772 | +101% |
| Trade debts | 44 | €87 | €522 | +€434 | +497% |
| Suppliers | 440/4 | €87 | €522 | +€434 | +497% |
| Taxes, remuneration and social security | 45 | €523 | €861 | +€338 | +64.6% |
| Taxes | 450/3 | €523 | €861 | +€338 | +64.6% |
| Other amounts payable | 47/48 | €153 | €153 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €521 | €484 | -€37 | -7.1% |
| Other operating charges | 640/8 | €490 | €400 | -€90 | -18.5% |
| Gross operating margin | 9900 | €3,476 | €2,353 | -€1,123 | -32.3% |
| Operating profit (loss) | 9901 | €2,464 | €1,469 | -€995 | -40.4% |
| Financial charges | 65/66B | €142 | €204 | +€62 | +43.7% |
| Recurring financial charges | 65 | €142 | €204 | +€62 | +43.7% |
| Profit (loss) for the period before taxes | 9903 | €2,322 | €1,265 | -€1,057 | -45.5% |
| Income taxes | 67/77 | - | €533 | +€533 | |
| Profit (loss) for the period | 9904 | €2,322 | €732 | -€1,590 | -68.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,322 | €732 | -€1,590 | -68.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.