Arts&Tec: what changed
Two fiscal 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&Tec
Largest movements
- Tangible fixed assets -€8,894
down €8,894 (-18.0%), from €49,482 to €40,588
- Receivables within one year +€6,612
up €6,612 (+64.7%), from €10,213 to €16,825
of which Trade receivables: +€5,996
- Cash +€4,897
up €4,897 (+38.3%), from €12,782 to €17,678
mainly Depreciation (+€18,860) and Tax, wage and social debts (+€4,996)
- Deferred charges and accrued income -€821
down €821 (-33.5%), from €2,449 to €1,628
- Debts after one year -€8,359
down €8,359 (-27.3%), from €30,598 to €22,239
- Tax, wage and social debts +€4,996
up €4,996 (+704.5%), from €709 to €5,705
- Current portion of long-term debt -€3,527
down €3,527 (-26.3%), from €13,432 to €9,905
- Short-term financial debts +€2,378
new in 2025: €2,378
- Reserves +€2,000
up €2,000 (+12.3%), from €16,284 to €18,284
- Gross operating margin +€10,072
up €10,072 (+39.2%), from €25,697 to €35,769
- Depreciation +€6,473
up €6,473 (+52.3%), from €12,387 to €18,860
- Financial charges +€3,254
up €3,254 (+937.7%), from €347 to €3,601
- Other operating charges +€1,624
up €1,624 (+69.5%), from €2,336 to €3,961
- Taxes -€405
down €405 (-6.2%), from €6,538 to €6,134
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.
Cash bridge derived
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 | €74,969 | €76,762 | +€1,794 | +2.4% |
| Fixed assets | 21/28 | €49,524 | €40,631 | -€8,894 | -18.0% |
| Tangible fixed assets | 22/27 | €49,482 | €40,588 | -€8,894 | -18.0% |
| Furniture and vehicles | 24 | €49,482 | €40,588 | -€8,894 | -18.0% |
| Financial fixed assets | 28 | €42 | €42 | = | 0.0% |
| Current assets | 29/58 | €25,445 | €36,132 | +€10,687 | +42.0% |
| Amounts receivable within one year | 40/41 | €10,213 | €16,825 | +€6,612 | +64.7% |
| Trade receivables | 40 | €9,762 | €15,758 | +€5,996 | +61.4% |
| Other amounts receivable | 41 | €451 | €1,067 | +€616 | +136.4% |
| Cash at bank and in hand | 54/58 | €12,782 | €17,678 | +€4,897 | +38.3% |
| Deferred charges and accrued income | 490/1 | €2,449 | €1,628 | -€821 | -33.5% |
| Total equity and liabilities | 10/49 | €74,969 | €76,762 | +€1,794 | +2.4% |
| Equity | 10/15 | €27,113 | €30,329 | +€3,216 | +11.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €16,284 | €18,284 | +€2,000 | +12.3% |
| Distributable reserves | 133 | €16,284 | €18,284 | +€2,000 | +12.3% |
| Profit (loss) carried forward | 14 | €4,629 | €5,845 | +€1,216 | +26.3% |
| Amounts payable | 17/49 | €47,856 | €46,434 | -€1,422 | -3.0% |
| Amounts payable after more than one year | 17 | €30,598 | €22,239 | -€8,359 | -27.3% |
| Financial debts | 170/4 | €30,598 | €22,239 | -€8,359 | -27.3% |
| Amounts payable within one year | 42/48 | €17,258 | €23,579 | +€6,321 | +36.6% |
| Current portion of amounts payable after more than one year | 42 | €13,432 | €9,905 | -€3,527 | -26.3% |
| Financial debts | 43 | - | €2,378 | +€2,378 | |
| Credit institutions | 430/8 | - | €2,378 | +€2,378 | |
| Trade debts | 44 | €3,117 | €4,356 | +€1,239 | +39.8% |
| Suppliers | 440/4 | €3,117 | €4,356 | +€1,239 | +39.8% |
| Taxes, remuneration and social security | 45 | €709 | €5,705 | +€4,996 | +704.5% |
| Taxes | 450/3 | €709 | €5,705 | +€4,996 | +704.5% |
| Other amounts payable | 47/48 | - | €1,235 | +€1,235 | |
| Accrued charges and deferred income | 492/3 | - | €616 | +€616 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,387 | €18,860 | +€6,473 | +52.3% |
| Other operating charges | 640/8 | €2,336 | €3,961 | +€1,624 | +69.5% |
| Gross operating margin | 9900 | €25,697 | €35,769 | +€10,072 | +39.2% |
| Operating profit (loss) | 9901 | €10,974 | €12,949 | +€1,975 | +18.0% |
| Financial income | 75/76B | €2 | €1 | -€1 | -31.0% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -31.0% |
| Financial charges | 65/66B | €347 | €3,601 | +€3,254 | +937.7% |
| Recurring financial charges | 65 | €347 | €3,601 | +€3,254 | +937.7% |
| Profit (loss) for the period before taxes | 9903 | €10,629 | €9,349 | -€1,280 | -12.0% |
| Income taxes | 67/77 | €6,538 | €6,134 | -€405 | -6.2% |
| Profit (loss) for the period | 9904 | €4,091 | €3,216 | -€875 | -21.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,091 | €3,216 | -€875 | -21.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.