ARTY & CO: 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.
What changed
ARTY & CO
NACE 90.399, Other support activities for arts and performing arts
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€48,563
2024 · -€29,408-€19,155
Equity
€1.1m
2024 · €1.1m-€48,563
Cash
€3,779
2024 · €14,253-€10,473
Balance sheet total
€1.6m
2024 · €1.7m-€77,368
Largest movements
Assets
- Current investments -€38,951
down €38,951 (-43.6%), from €89,249 to €50,298
- Tangible fixed assets -€29,440
down €29,440 (-1.9%), from €1.6m to €1.6m
of which Land and buildings: -€27,873
Equity and liabilities
- Reserves -€37,233
down €37,233 (-4.7%), from €798,663 to €761,431
of which Tax-exempt reserves: -€37,233
Income statement
- Gross operating margin -€21,196
down €21,196, from €18,143 to -€3,053
- Other operating charges -€2,448
down €2,448 (-38.8%), from €6,302 to €3,855
- Depreciation +€780
up €780 (+1.4%), from €56,566 to €57,346
- Financial income +€207
up €207 (+58.6%), from €354 to €561
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.
Result 2024
-€29,408
Gross operating margin
-€21,196
Depreciation
-€780
Other operating charges
+€2,448
Financial income
+€207
Financial charges
+€15
Deferred taxes and other
+€152
Result 2025
-€48,563
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.
From operations
-€7,353
Investment
+€11,044
Financing
-€14,165
Cash 2024
€14,253
From operations (derived)
-€7,353
Net result for the year
-€48,563
Depreciation
+€57,346
Receivables within one year
-€1,516
Smaller working-capital items
-€53
Provisions
-€15,330
Tax, wage and social debts
+€762
Investment (derived)
+€11,044
Investment in fixed assets (net)
-€27,906
Current investments
+€38,951
Financing
-€14,165
Debts after one year
-€14,165
Cash 2025
€3,779
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,699,206 | €1,621,838 | -€77,368 | -4.6% |
| Fixed assets | 21/28 | €1,591,218 | €1,561,778 | -€29,440 | -1.9% |
| Tangible fixed assets | 22/27 | €1,591,218 | €1,561,778 | -€29,440 | -1.9% |
| Land and buildings | 22 | €1,587,759 | €1,559,886 | -€27,873 | -1.8% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €3,460 | €1,892 | -€1,567 | -45.3% |
| Current assets | 29/58 | €107,988 | €60,060 | -€47,928 | -44.4% |
| Amounts receivable within one year | 40/41 | €1,233 | €2,749 | +€1,516 | +122.9% |
| Trade receivables | 40 | €1,134 | €2,511 | +€1,377 | +121.4% |
| Other amounts receivable | 41 | €99 | €238 | +€139 | +140.1% |
| Current investments | 50/53 | €89,249 | €50,298 | -€38,951 | -43.6% |
| Cash at bank and in hand | 54/58 | €14,253 | €3,779 | -€10,473 | -73.5% |
| Deferred charges and accrued income | 490/1 | €3,253 | €3,234 | -€20 | -0.6% |
| Total equity and liabilities | 10/49 | €1,699,206 | €1,621,838 | -€77,368 | -4.6% |
| Equity | 10/15 | €1,127,332 | €1,078,769 | -€48,563 | -4.3% |
| Contributions | 10/11 | €321,026 | €321,026 | = | 0.0% |
| Capital | 10 | €321,026 | €321,026 | = | 0.0% |
| Issued capital | 100 | €321,026 | €321,026 | = | 0.0% |
| Reserves | 13 | €798,663 | €761,431 | -€37,233 | -4.7% |
| Non-distributable reserves | 130/1 | €32,103 | €32,103 | = | 0.0% |
| Legal reserve | 130 | €32,103 | €32,103 | = | 0.0% |
| Tax-exempt reserves | 132 | €646,469 | €609,237 | -€37,233 | -5.8% |
| Distributable reserves | 133 | €120,091 | €120,091 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,642 | -€3,688 | -€11,330 | |
| Provisions and deferred taxes | 16 | €231,850 | €216,520 | -€15,330 | -6.6% |
| Deferred taxes | 168 | €231,850 | €216,520 | -€15,330 | -6.6% |
| Amounts payable | 17/49 | €340,024 | €326,549 | -€13,475 | -4.0% |
| Amounts payable after more than one year | 17 | €332,996 | €318,831 | -€14,165 | -4.3% |
| Financial debts | 170/4 | €332,996 | €318,831 | -€14,165 | -4.3% |
| Amounts payable within one year | 42/48 | €7,029 | €7,718 | +€689 | +9.8% |
| Trade debts | 44 | €2,027 | €1,954 | -€73 | -3.6% |
| Suppliers | 440/4 | €2,027 | €1,954 | -€73 | -3.6% |
| Taxes, remuneration and social security | 45 | €5,002 | €5,764 | +€762 | +15.2% |
| Taxes | 450/3 | €5,002 | €5,764 | +€762 | +15.2% |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,566 | €57,346 | +€780 | +1.4% |
| Other operating charges | 640/8 | €6,302 | €3,855 | -€2,448 | -38.8% |
| Gross operating margin | 9900 | €18,143 | -€3,053 | -€21,196 | |
| Operating profit (loss) | 9901 | -€44,726 | -€64,254 | -€19,528 | -43.7% |
| Financial income | 75/76B | €354 | €561 | +€207 | +58.6% |
| Recurring financial income | 75 | €354 | €561 | +€207 | +58.6% |
| Financial charges | 65/66B | €214 | €199 | -€15 | -7.0% |
| Recurring financial charges | 65 | €214 | €199 | -€15 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | -€44,586 | -€63,892 | -€19,306 | -43.3% |
| Transfer from deferred taxes | 780 | €15,178 | €15,330 | +€152 | +1.0% |
| Income taxes | 67/77 | €0 | €0 | = | |
| Profit (loss) for the period | 9904 | -€29,408 | -€48,563 | -€19,155 | -65.1% |
| Transfer from tax-exempt reserves | 789 | €36,778 | €37,233 | +€455 | +1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,369 | -€11,330 | -€18,700 |
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 2 October 2026 via checked.be.