Faces-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.
Faces-Art
Largest movements
- Cash +€136,666
up €136,666 (+76.1%), from €179,677 to €316,343
mainly Other debts (+€227,150) and Tax, wage and social debts (+€109,439)
- Receivables within one year -€58,742
down €58,742 (-52.1%), from €112,816 to €54,074
of which Trade receivables: -€53,011
- Profit (loss) carried forward -€266,081
down €266,081 (-100.0%), from €266,153 to €72
- Other debts +€227,150
new in 2025: €227,150
- Tax, wage and social debts +€109,439
up €109,439 (+1058.8%), from €10,336 to €119,775
- Trade debts +€8,116
up €8,116 (+52.1%), from €15,570 to €23,686
- Taxes +€57,113
new in 2025: €57,113
- Gross operating margin +€17,019
up €17,019 (+15.8%), from €107,863 to €124,882
- Other operating charges +€6,038
up €6,038 (+590.5%), from €1,022 to €7,060
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 | €298,259 | €376,883 | +€78,624 | +26.4% |
| Fixed assets | 21/28 | €5,766 | €6,466 | +€700 | +12.1% |
| Tangible fixed assets | 22/27 | €5,766 | €6,466 | +€700 | +12.1% |
| Furniture and vehicles | 24 | €1,601 | €2,764 | +€1,163 | +72.7% |
| Other tangible fixed assets | 26 | €4,165 | €3,702 | -€463 | -11.1% |
| Current assets | 29/58 | €292,493 | €370,417 | +€77,923 | +26.6% |
| Amounts receivable within one year | 40/41 | €112,816 | €54,074 | -€58,742 | -52.1% |
| Trade receivables | 40 | €106,749 | €53,737 | -€53,011 | -49.7% |
| Other amounts receivable | 41 | €6,068 | €337 | -€5,731 | -94.4% |
| Cash at bank and in hand | 54/58 | €179,677 | €316,343 | +€136,666 | +76.1% |
| Total equity and liabilities | 10/49 | €298,259 | €376,883 | +€78,624 | +26.4% |
| Equity | 10/15 | €272,353 | €6,272 | -€266,081 | -97.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €266,153 | €72 | -€266,081 | -100.0% |
| Amounts payable | 17/49 | €25,906 | €370,611 | +€344,705 | +1330.6% |
| Amounts payable within one year | 42/48 | €25,906 | €370,611 | +€344,705 | +1330.6% |
| Trade debts | 44 | €15,570 | €23,686 | +€8,116 | +52.1% |
| Suppliers | 440/4 | €15,570 | €23,686 | +€8,116 | +52.1% |
| Taxes, remuneration and social security | 45 | €10,336 | €119,775 | +€109,439 | +1058.8% |
| Taxes | 450/3 | €10,336 | €119,775 | +€109,439 | +1058.8% |
| Other amounts payable | 47/48 | - | €227,150 | +€227,150 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,403 | €1,543 | +€140 | +10.0% |
| Other operating charges | 640/8 | €1,022 | €7,060 | +€6,038 | +590.5% |
| Gross operating margin | 9900 | €107,863 | €124,882 | +€17,019 | +15.8% |
| Operating profit (loss) | 9901 | €105,438 | €116,279 | +€10,841 | +10.3% |
| Financial charges | 65/66B | €583 | €747 | +€164 | +28.2% |
| Recurring financial charges | 65 | €583 | €747 | +€164 | +28.2% |
| Profit (loss) for the period before taxes | 9903 | €104,854 | €115,532 | +€10,677 | +10.2% |
| Income taxes | 67/77 | - | €57,113 | +€57,113 | |
| Profit (loss) for the period | 9904 | €104,854 | €58,419 | -€46,436 | -44.3% |
| Profit (loss) for the period to be appropriated | 9905 | €104,854 | €58,419 | -€46,436 | -44.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.