ARTY FUNK: 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.
ARTY FUNK
Largest movements
- Receivables within one year -€85,391
down €85,391 (-24.0%), from €356,461 to €271,069
of which Trade receivables: -€108,627
- Tangible fixed assets -€16,227
down €16,227 (-31.9%), from €50,862 to €34,635
of which Furniture and vehicles: -€16,326
- Cash +€10,432
up €10,432 (+4.6%), from €228,424 to €238,856
mainly Other debts (+€103,132) and Net result for the year (+€88,676)
- Advances received -€104,887
no longer reported in 2025 (was €104,887)
- Other debts +€103,132
up €103,132 (+188.3%), from €54,775 to €157,907
- Reserves -€69,230
down €69,230 (-16.9%), from €409,664 to €340,434
of which Distributable reserves: -€69,230
- Debts after one year -€12,154
down €12,154 (-59.8%), from €20,323 to €8,168
- Trade debts -€6,539
down €6,539 (-59.5%), from €10,995 to €4,456
- Gross operating margin -€63,093
down €63,093 (-28.1%), from €224,632 to €161,539
- Taxes -€12,006
down €12,006 (-21.6%), from €55,585 to €43,579
- Staff costs -€6,760
down €6,760 (-27.0%), from €25,048 to €18,289
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 | €641,860 | €548,156 | -€93,703 | -14.6% |
| Fixed assets | 21/28 | €53,165 | €36,445 | -€16,720 | -31.4% |
| Intangible fixed assets | 21 | €1,909 | €1,416 | -€493 | -25.8% |
| Tangible fixed assets | 22/27 | €50,862 | €34,635 | -€16,227 | -31.9% |
| Plant, machinery and equipment | 23 | €2,332 | €2,431 | +€99 | +4.2% |
| Furniture and vehicles | 24 | €48,530 | €32,204 | -€16,326 | -33.6% |
| Financial fixed assets | 28 | €394 | €394 | = | 0.0% |
| Current assets | 29/58 | €588,694 | €511,711 | -€76,983 | -13.1% |
| Stocks and contracts in progress | 3 | €3,810 | €1,786 | -€2,024 | -53.1% |
| Stocks | 30/36 | €3,810 | €1,786 | -€2,024 | -53.1% |
| Amounts receivable within one year | 40/41 | €356,461 | €271,069 | -€85,391 | -24.0% |
| Trade receivables | 40 | €154,560 | €45,933 | -€108,627 | -70.3% |
| Other amounts receivable | 41 | €201,901 | €225,137 | +€23,236 | +11.5% |
| Cash at bank and in hand | 54/58 | €228,424 | €238,856 | +€10,432 | +4.6% |
| Total equity and liabilities | 10/49 | €641,860 | €548,156 | -€93,703 | -14.6% |
| Equity | 10/15 | €428,264 | €359,034 | -€69,230 | -16.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €409,664 | €340,434 | -€69,230 | -16.9% |
| 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 | €407,804 | €338,574 | -€69,230 | -17.0% |
| Amounts payable | 17/49 | €213,596 | €189,123 | -€24,473 | -11.5% |
| Amounts payable after more than one year | 17 | €20,323 | €8,168 | -€12,154 | -59.8% |
| Financial debts | 170/4 | €20,323 | €8,168 | -€12,154 | -59.8% |
| Amounts payable within one year | 42/48 | €193,273 | €180,955 | -€12,318 | -6.4% |
| Current portion of amounts payable after more than one year | 42 | €12,038 | €12,154 | +€117 | +1.0% |
| Trade debts | 44 | €10,995 | €4,456 | -€6,539 | -59.5% |
| Suppliers | 440/4 | €10,995 | €4,456 | -€6,539 | -59.5% |
| Advances received on contracts in progress | 46 | €104,887 | - | -€104,887 | |
| Taxes, remuneration and social security | 45 | €10,579 | €6,437 | -€4,142 | -39.2% |
| Taxes | 450/3 | €8,033 | €4,428 | -€3,605 | -44.9% |
| Remuneration and social security | 454/9 | €2,546 | €2,009 | -€537 | -21.1% |
| Other amounts payable | 47/48 | €54,775 | €157,907 | +€103,132 | +188.3% |
| Remuneration, social security and pensions | 62 | €25,048 | €18,289 | -€6,760 | -27.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,627 | €21,133 | +€507 | +2.5% |
| Other operating charges | 640/8 | €1,024 | €815 | -€209 | -20.4% |
| Gross operating margin | 9900 | €224,632 | €161,539 | -€63,093 | -28.1% |
| Operating profit (loss) | 9901 | €177,933 | €121,302 | -€56,631 | -31.8% |
| Financial income | 75/76B | €9,342 | €11,302 | +€1,960 | +21.0% |
| Recurring financial income | 75 | €9,342 | €11,302 | +€1,960 | +21.0% |
| Financial charges | 65/66B | €1,066 | €349 | -€717 | -67.3% |
| Recurring financial charges | 65 | €560 | €349 | -€212 | -37.7% |
| Non-recurring financial charges | 66B | €505 | - | -€505 | |
| Profit (loss) for the period before taxes | 9903 | €186,209 | €132,255 | -€53,954 | -29.0% |
| Income taxes | 67/77 | €55,585 | €43,579 | -€12,006 | -21.6% |
| Profit (loss) for the period | 9904 | €130,624 | €88,676 | -€41,948 | -32.1% |
| Profit (loss) for the period to be appropriated | 9905 | €130,624 | €88,676 | -€41,948 | -32.1% |
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 10 October 2026 via checked.be.