D ART: 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.
D ART
Largest movements
- Stocks and contracts -€2,350
down €2,350 (-70.1%), from €3,350 to €1,000
- Receivables within one year +€1,548
new in 2025: €1,548
- Cash -€733
down €733 (-19.9%), from €3,675 to €2,942
mainly Other debts (-€14,589) and Receivables within one year (-€1,548)
- Other debts -€14,589
no longer reported in 2025 (was €14,589)
- Profit (loss) carried forward +€13,927
up €13,927 (+51.4%), from -€27,094 to -€13,167
- Tax, wage and social debts -€887
down €887 (-91.7%), from €967 to €80
- Turnover -€24,570
down €24,570 (-100.0%), from €24,570 to €0
- Staff costs -€17,214
down €17,214 (-91.7%), from €18,769 to €1,555
- Purchases and services -€7,460
down €7,460 (-89.6%), from €8,325 to €865
- Other operating charges -€617
down €617 (-97.3%), from €634 to €17
- Gross operating margin -€506
down €506 (-3.1%), from €16,245 to €15,739
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 | €7,511 | €5,976 | -€1,535 | -20.4% |
| Fixed assets | 21/28 | €39 | €39 | = | 0.0% |
| Financial fixed assets | 28 | €39 | €39 | = | 0.0% |
| Current assets | 29/58 | €7,472 | €5,937 | -€1,535 | -20.5% |
| Stocks and contracts in progress | 3 | €3,350 | €1,000 | -€2,350 | -70.1% |
| Stocks | 30/36 | €3,350 | €1,000 | -€2,350 | -70.1% |
| Amounts receivable within one year | 40/41 | - | €1,548 | +€1,548 | |
| Other amounts receivable | 41 | - | €1,548 | +€1,548 | |
| Cash at bank and in hand | 54/58 | €3,675 | €2,942 | -€733 | -19.9% |
| Deferred charges and accrued income | 490/1 | €447 | €447 | = | 0.0% |
| Total equity and liabilities | 10/49 | €7,511 | €5,976 | -€1,535 | -20.4% |
| Equity | 10/15 | -€8,103 | €5,824 | +€13,927 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €391 | €391 | = | 0.0% |
| Non-distributable reserves | 130/1 | €391 | €391 | = | 0.0% |
| Reserves not available under the articles | 1311 | €391 | €391 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,094 | -€13,167 | +€13,927 | +51.4% |
| Amounts payable | 17/49 | €15,614 | €152 | -€15,462 | -99.0% |
| Amounts payable within one year | 42/48 | €15,614 | €152 | -€15,462 | -99.0% |
| Trade debts | 44 | €58 | €72 | +€14 | +24.1% |
| Suppliers | 440/4 | €58 | €72 | +€14 | +24.1% |
| Taxes, remuneration and social security | 45 | €967 | €80 | -€887 | -91.7% |
| Taxes | 450/3 | €967 | €80 | -€887 | -91.7% |
| Other amounts payable | 47/48 | €14,589 | - | -€14,589 | |
| Turnover | 70 | €24,570 | €0 | -€24,570 | -100.0% |
| Non-recurring operating income | 76A | - | €16,604 | +€16,604 | |
| Goods, raw materials, services and sundry goods | 60/61 | €8,325 | €865 | -€7,460 | -89.6% |
| Remuneration, social security and pensions | 62 | €18,769 | €1,555 | -€17,214 | -91.7% |
| Other operating charges | 640/8 | €634 | €17 | -€617 | -97.3% |
| Gross operating margin | 9900 | €16,245 | €15,739 | -€506 | -3.1% |
| Operating profit (loss) | 9901 | -€3,158 | €14,167 | +€17,325 | |
| Financial charges | 65/66B | €241 | €240 | -€1 | -0.4% |
| Recurring financial charges | 65 | €241 | €240 | -€1 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,399 | €13,927 | +€17,326 | |
| Profit (loss) for the period | 9904 | -€3,399 | €13,927 | +€17,326 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,399 | €13,927 | +€17,326 |
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.