CULTURE-COM: 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.
CULTURE-COM
Largest movements
- Receivables within one year +€34,545
up €34,545 (+31.5%), from €109,639 to €144,183
of which Trade receivables: +€27,382
- Intangible fixed assets +€9,271
new in 2025: €9,271
- Cash -€8,398
down €8,398 (-26.9%), from €31,264 to €22,866
mainly Receivables within one year (-€34,545) and Investment in fixed assets (net) (-€21,065)
- Profit (loss) carried forward +€21,536
up €21,536, from -€5,507 to €16,029
- Trade debts +€11,484
up €11,484 (+14.1%), from €81,570 to €93,054
- Tax, wage and social debts +€2,878
up €2,878 (+17.7%), from €16,295 to €19,173
of which Taxes: +€2,864
- Staff costs +€9,058
up €9,058 (+8.3%), from €109,437 to €118,495
- Financial income -€7,938
down €7,938 (-99.8%), from €7,955 to €17
- Gross operating margin -€6,940
down €6,940 (-4.3%), from €162,838 to €155,898
- Depreciation +€3,427
up €3,427 (+36.1%), from €9,492 to €12,920
- Financial charges -€2,845
down €2,845 (-71.4%), from €3,986 to €1,140
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 | €189,497 | €224,771 | +€35,275 | +18.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €47,706 | €55,851 | +€8,145 | +17.1% |
| Intangible fixed assets | 21 | - | €9,271 | +€9,271 | |
| Tangible fixed assets | 22/27 | €42,582 | €41,456 | -€1,126 | -2.6% |
| Plant, machinery and equipment | 23 | €29,407 | €28,439 | -€968 | -3.3% |
| Furniture and vehicles | 24 | €4,098 | €4,394 | +€296 | +7.2% |
| Leasing and similar rights | 25 | €3,246 | €3,036 | -€210 | -6.5% |
| Other tangible fixed assets | 26 | €5,831 | €5,587 | -€243 | -4.2% |
| Financial fixed assets | 28 | €5,124 | €5,124 | = | 0.0% |
| Current assets | 29/58 | €141,791 | €168,920 | +€27,129 | +19.1% |
| Amounts receivable within one year | 40/41 | €109,639 | €144,183 | +€34,545 | +31.5% |
| Trade receivables | 40 | €91,963 | €119,346 | +€27,382 | +29.8% |
| Other amounts receivable | 41 | €17,675 | €24,837 | +€7,162 | +40.5% |
| Cash at bank and in hand | 54/58 | €31,264 | €22,866 | -€8,398 | -26.9% |
| Deferred charges and accrued income | 490/1 | €888 | €1,871 | +€983 | +110.6% |
| Total equity and liabilities | 10/49 | €189,497 | €224,771 | +€35,275 | +18.6% |
| Equity | 10/15 | €89,638 | €111,175 | +€21,536 | +24.0% |
| Contributions | 10/11 | €35,980 | €35,980 | = | 0.0% |
| Reserves | 13 | €59,165 | €59,165 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | €0 | = | |
| Reserves not available under the articles | 1311 | €0 | €0 | = | |
| Tax-exempt reserves | 132 | €55,415 | €55,415 | = | 0.0% |
| Distributable reserves | 133 | €3,750 | €3,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,507 | €16,029 | +€21,536 | |
| Amounts payable | 17/49 | €99,858 | €113,597 | +€13,738 | +13.8% |
| Amounts payable within one year | 42/48 | €98,562 | €112,227 | +€13,665 | +13.9% |
| Trade debts | 44 | €81,570 | €93,054 | +€11,484 | +14.1% |
| Suppliers | 440/4 | €81,570 | €93,054 | +€11,484 | +14.1% |
| Advances received on contracts in progress | 46 | €697 | - | -€697 | |
| Taxes, remuneration and social security | 45 | €16,295 | €19,173 | +€2,878 | +17.7% |
| Taxes | 450/3 | €5,540 | €8,404 | +€2,864 | +51.7% |
| Remuneration and social security | 454/9 | €10,755 | €10,769 | +€14 | +0.1% |
| Accrued charges and deferred income | 492/3 | €1,297 | €1,370 | +€73 | +5.6% |
| Non-recurring operating income | 76A | €1,452 | - | -€1,452 | |
| Remuneration, social security and pensions | 62 | €109,437 | €118,495 | +€9,058 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,492 | €12,920 | +€3,427 | +36.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,445 | €1,823 | +€379 | +26.2% |
| Non-recurring operating charges | 66A | €1,200 | - | -€1,200 | |
| Gross operating margin | 9900 | €162,838 | €155,898 | -€6,940 | -4.3% |
| Operating profit (loss) | 9901 | €41,264 | €22,660 | -€18,604 | -45.1% |
| Financial income | 75/76B | €7,955 | €17 | -€7,938 | -99.8% |
| Recurring financial income | 75 | €7,955 | €17 | -€7,938 | -99.8% |
| Financial charges | 65/66B | €3,986 | €1,140 | -€2,845 | -71.4% |
| Recurring financial charges | 65 | €3,986 | €1,140 | -€2,845 | -71.4% |
| Profit (loss) for the period before taxes | 9903 | €45,233 | €21,536 | -€23,697 | -52.4% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €45,233 | €21,536 | -€23,697 | -52.4% |
| Profit (loss) for the period to be appropriated | 9905 | €45,233 | €21,536 | -€23,697 | -52.4% |
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 5 October 2026 via checked.be.