BELGIAN ART CONSTRUCTION: 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.
BELGIAN ART CONSTRUCTION
Largest movements
- Cash -€591
down €591 (-42.8%), from €1,381 to €790
mainly Net result for the year (-€1,628) and Receivables within one year (-€239)
- Receivables within one year +€239
up €239 (+2.3%), from €10,237 to €10,476
of which Other amounts receivable: +€239
- Tangible fixed assets -€193
down €193 (-50.5%), from €381 to €189
- Profit (loss) carried forward -€1,628
down €1,628 (-20.9%), from €7,778 to €6,150
- Trade debts +€1,083
up €1,083 (+88.7%), from €1,222 to €2,305
- Purchases and services -€6,904
down €6,904 (-82.1%), from €8,413 to €1,509
- Gross operating margin +€4,163
up €4,163 (+73.4%), from -€5,672 to -€1,509
- Turnover -€2,015
no longer reported in 2025 (was €2,015)
- Taxes -€299
no longer reported in 2025 (was €299)
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 | €11,999 | €11,455 | -€545 | -4.5% |
| Fixed assets | 21/28 | €381 | €189 | -€193 | -50.5% |
| Tangible fixed assets | 22/27 | €381 | €189 | -€193 | -50.5% |
| Furniture and vehicles | 24 | €381 | €189 | -€193 | -50.5% |
| Current assets | 29/58 | €11,618 | €11,266 | -€352 | -3.0% |
| Amounts receivable within one year | 40/41 | €10,237 | €10,476 | +€239 | +2.3% |
| Trade receivables | 40 | €5,500 | €5,500 | = | 0.0% |
| Other amounts receivable | 41 | €4,737 | €4,976 | +€239 | +5.0% |
| Cash at bank and in hand | 54/58 | €1,381 | €790 | -€591 | -42.8% |
| Total equity and liabilities | 10/49 | €11,999 | €11,455 | -€545 | -4.5% |
| Equity | 10/15 | €10,778 | €9,150 | -€1,628 | -15.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,778 | €6,150 | -€1,628 | -20.9% |
| Amounts payable | 17/49 | €1,222 | €2,305 | +€1,083 | +88.7% |
| Amounts payable within one year | 42/48 | €1,222 | €2,305 | +€1,083 | +88.7% |
| Trade debts | 44 | €1,222 | €2,305 | +€1,083 | +88.7% |
| Suppliers | 440/4 | €1,222 | €2,305 | +€1,083 | +88.7% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | 0.0% |
| Taxes | 450/3 | €0 | €0 | = | 0.0% |
| Turnover | 70 | €2,015 | - | -€2,015 | |
| Goods, raw materials, services and sundry goods | 60/61 | €8,413 | €1,509 | -€6,904 | -82.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €193 | €193 | = | 0.0% |
| Gross operating margin | 9900 | -€5,672 | -€1,509 | +€4,163 | +73.4% |
| Operating profit (loss) | 9901 | -€5,864 | -€1,702 | +€4,163 | +71.0% |
| Financial income | 75/76B | €214 | €239 | +€25 | +11.5% |
| Recurring financial income | 75 | €214 | €239 | +€25 | +11.5% |
| Financial charges | 65/66B | €145 | €165 | +€20 | +13.5% |
| Recurring financial charges | 65 | €145 | €165 | +€20 | +13.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,796 | -€1,628 | +€4,168 | +71.9% |
| Income taxes | 67/77 | €299 | - | -€299 | |
| Profit (loss) for the period | 9904 | -€6,095 | -€1,628 | +€4,467 | +73.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,095 | -€1,628 | +€4,467 | +73.3% |
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 29 October 2026 via checked.be.