ARTYS GALLERY: 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.
ARTYS GALLERY
Largest movements
- Cash +€10,473
up €10,473 (+30.2%), from €34,642 to €45,115
mainly Net result for the year (+€159,601) and Other debts (+€94,022)
- Tangible fixed assets +€2,523
up €2,523 (+45.4%), from €5,553 to €8,076
of which Furniture and vehicles: +€2,596
- Trade debts -€244,300
down €244,300 (-55.2%), from €442,770 to €198,471
of which Suppliers: -€242,451
- Profit (loss) carried forward +€159,601
up €159,601 (+44.6%), from -€357,866 to -€198,265
- Other debts +€94,022
new in 2025: €94,022
- Tax, wage and social debts +€8,544
up €8,544 (+399%), from €2,142 to €10,686
of which Remuneration and social security: +€9,600
- Debts after one year -€5,441
down €5,441 (-6.7%), from €81,429 to €75,988
- Gross operating margin +€195,617
up €195,617, from -€29,731 to €165,887
- Financial charges -€1,846
down €1,846 (-55.3%), from €3,341 to €1,495
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 | €180,876 | €193,302 | +€12,426 | +6.9% |
| Fixed assets | 21/28 | €15,237 | €19,522 | +€4,285 | +28.1% |
| Intangible fixed assets | 21 | - | €1,762 | +€1,762 | |
| Tangible fixed assets | 22/27 | €5,553 | €8,076 | +€2,523 | +45.4% |
| Plant, machinery and equipment | 23 | €73 | €0 | -€73 | -100% |
| Furniture and vehicles | 24 | €5,480 | €8,076 | +€2,596 | +47.4% |
| Financial fixed assets | 28 | €9,684 | €9,684 | = | 0.0% |
| Current assets | 29/58 | €165,639 | €173,780 | +€8,141 | +4.9% |
| Stocks and contracts in progress | 3 | €125,438 | €123,569 | -€1,869 | -1.5% |
| Stocks | 30/36 | €125,438 | €123,569 | -€1,869 | -1.5% |
| Amounts receivable within one year | 40/41 | €1,603 | €2,271 | +€667 | +41.6% |
| Trade receivables | 40 | €1,475 | €413 | -€1,062 | -72.0% |
| Other amounts receivable | 41 | €128 | €1,858 | +€1,730 | +1,347% |
| Cash at bank and in hand | 54/58 | €34,642 | €45,115 | +€10,473 | +30.2% |
| Deferred charges and accrued income | 490/1 | €3,956 | €2,825 | -€1,131 | -28.6% |
| Total equity and liabilities | 10/49 | €180,876 | €193,302 | +€12,426 | +6.9% |
| Equity | 10/15 | -€345,466 | -€185,865 | +€159,601 | +46.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€357,866 | -€198,265 | +€159,601 | +44.6% |
| Amounts payable | 17/49 | €526,342 | €379,167 | -€147,175 | -28.0% |
| Amounts payable after more than one year | 17 | €81,429 | €75,988 | -€5,441 | -6.7% |
| Other amounts payable | 178/9 | €81,429 | €75,988 | -€5,441 | -6.7% |
| Amounts payable within one year | 42/48 | €444,913 | €303,178 | -€141,734 | -31.9% |
| Trade debts | 44 | €442,770 | €198,471 | -€244,300 | -55.2% |
| Suppliers | 440/4 | €440,921 | €198,471 | -€242,451 | -55.0% |
| Bills of exchange payable | 441 | €1,849 | - | -€1,849 | |
| Taxes, remuneration and social security | 45 | €2,142 | €10,686 | +€8,544 | +399% |
| Taxes | 450/3 | €2,142 | €1,086 | -€1,056 | -49.3% |
| Remuneration and social security | 454/9 | - | €9,600 | +€9,600 | |
| Other amounts payable | 47/48 | - | €94,022 | +€94,022 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,253 | €3,131 | +€878 | +39.0% |
| Other operating charges | 640/8 | €1,023 | €1,358 | +€335 | +32.8% |
| Gross operating margin | 9900 | -€29,731 | €165,887 | +€195,617 | |
| Operating profit (loss) | 9901 | -€33,007 | €161,398 | +€194,405 | |
| Financial income | 75/76B | €8 | €6 | -€2 | -19.7% |
| Recurring financial income | 75 | €8 | €6 | -€2 | -19.7% |
| Financial charges | 65/66B | €3,341 | €1,495 | -€1,846 | -55.3% |
| Recurring financial charges | 65 | €3,341 | €1,495 | -€1,846 | -55.3% |
| Profit (loss) for the period before taxes | 9903 | -€36,340 | €159,909 | +€196,249 | |
| Income taxes | 67/77 | €236 | €308 | +€72 | +30.6% |
| Profit (loss) for the period | 9904 | -€36,576 | €159,601 | +€196,177 | |
| Profit (loss) for the period to be appropriated | 9905 | -€36,576 | €159,601 | +€196,177 |
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 17 October 2026 via checked.be.