De Kunststatie: 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.
De Kunststatie
Largest movements
- Stocks and contracts +€15,368
up €15,368 (+97.3%), from €15,796 to €31,164
- Cash +€2,268
up €2,268 (+3280.0%), from €69 to €2,338
mainly Debts after one year (+€43,498) and Depreciation (+€1,995)
- Receivables within one year +€1,879
up €1,879 (+223.4%), from €841 to €2,720
of which Trade receivables: +€1,825
- Tangible fixed assets -€861
down €861 (-17.8%), from €4,842 to €3,981
of which Other tangible fixed assets: -€583
- Debts after one year +€43,498
up €43,498 (+81.3%), from €53,482 to €96,980
- Profit (loss) carried forward -€18,620
down €18,620 (-42.1%), from -€44,192 to -€62,812
- Trade debts -€6,552
down €6,552 (-75.0%), from €8,735 to €2,183
- Gross operating margin +€23,722
up €23,722 (+59.7%), from -€39,752 to -€16,030
- Other operating charges -€1,895
down €1,895 (-88.7%), from €2,135 to €240
- Depreciation +€406
up €406 (+25.6%), from €1,589 to €1,995
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 | €22,400 | €41,121 | +€18,720 | +83.6% |
| Fixed assets | 21/28 | €4,842 | €3,981 | -€861 | -17.8% |
| Tangible fixed assets | 22/27 | €4,842 | €3,981 | -€861 | -17.8% |
| Plant, machinery and equipment | 23 | €1,308 | €1,488 | +€180 | +13.8% |
| Furniture and vehicles | 24 | €1,300 | €841 | -€459 | -35.3% |
| Other tangible fixed assets | 26 | €2,234 | €1,652 | -€583 | -26.1% |
| Current assets | 29/58 | €17,558 | €37,140 | +€19,582 | +111.5% |
| Stocks and contracts in progress | 3 | €15,796 | €31,164 | +€15,368 | +97.3% |
| Stocks | 30/36 | €15,796 | €31,164 | +€15,368 | +97.3% |
| Amounts receivable within one year | 40/41 | €841 | €2,720 | +€1,879 | +223.4% |
| Trade receivables | 40 | - | €1,825 | +€1,825 | |
| Other amounts receivable | 41 | €841 | €895 | +€54 | +6.4% |
| Cash at bank and in hand | 54/58 | €69 | €2,338 | +€2,268 | +3280.0% |
| Deferred charges and accrued income | 490/1 | €852 | €918 | +€66 | +7.7% |
| Total equity and liabilities | 10/49 | €22,400 | €41,121 | +€18,720 | +83.6% |
| Equity | 10/15 | -€41,192 | -€59,812 | -€18,620 | -45.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,192 | -€62,812 | -€18,620 | -42.1% |
| Amounts payable | 17/49 | €63,593 | €100,933 | +€37,340 | +58.7% |
| Amounts payable after more than one year | 17 | €53,482 | €96,980 | +€43,498 | +81.3% |
| Financial debts | 170/4 | €53,482 | €96,980 | +€43,498 | +81.3% |
| Amounts payable within one year | 42/48 | €10,110 | €3,952 | -€6,158 | -60.9% |
| Trade debts | 44 | €8,735 | €2,183 | -€6,552 | -75.0% |
| Suppliers | 440/4 | €8,735 | €2,183 | -€6,552 | -75.0% |
| Taxes, remuneration and social security | 45 | - | €194 | +€194 | |
| Taxes | 450/3 | - | €194 | +€194 | |
| Other amounts payable | 47/48 | €1,375 | €1,575 | +€200 | +14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,589 | €1,995 | +€406 | +25.6% |
| Other operating charges | 640/8 | €2,135 | €240 | -€1,895 | -88.7% |
| Gross operating margin | 9900 | -€39,752 | -€16,030 | +€23,722 | +59.7% |
| Operating profit (loss) | 9901 | -€43,476 | -€18,265 | +€25,210 | +58.0% |
| Financial income | 75/76B | €0 | €3 | +€3 | +29700.0% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +29700.0% |
| Financial charges | 65/66B | €716 | €357 | -€359 | -50.2% |
| Recurring financial charges | 65 | €716 | €357 | -€359 | -50.2% |
| Profit (loss) for the period before taxes | 9903 | -€44,192 | -€18,620 | +€25,573 | +57.9% |
| Profit (loss) for the period | 9904 | -€44,192 | -€18,620 | +€25,573 | +57.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,192 | -€18,620 | +€25,573 | +57.9% |
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 12 October 2026 via checked.be.