FORM art&craft: 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.
FORM art&craft
Largest movements
- Tangible fixed assets -€9,838
down €9,838 (-13.4%), from €73,475 to €63,637
of which Other tangible fixed assets: -€5,105
- Receivables within one year +€807
up €807 (+45.4%), from €1,777 to €2,584
of which Trade receivables: +€2,342
- Profit (loss) carried forward -€36,216
down €36,216, from €13,219 to -€22,997
- Other debts +€29,100
up €29,100 (+94.3%), from €30,850 to €59,950
- Debts after one year -€4,856
down €4,856 (-26.6%), from €18,257 to €13,402
- Trade debts +€3,440
up €3,440 (+87.6%), from €3,927 to €7,367
- Gross operating margin -€47,752
down €47,752, from €25,273 to -€22,479
- Depreciation +€4,332
up €4,332 (+54.9%), from €7,898 to €12,231
- Taxes -€3,355
down €3,355 (-96.2%), from €3,487 to €132
- Financial charges +€1,103
up €1,103 (+303%), from €364 to €1,467
- Other operating charges -€393
no longer reported in 2025 (was €393)
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 | €76,569 | €67,824 | -€8,745 | -11.4% |
| Fixed assets | 21/28 | €74,655 | €64,817 | -€9,838 | -13.2% |
| Tangible fixed assets | 22/27 | €73,475 | €63,637 | -€9,838 | -13.4% |
| Plant, machinery and equipment | 23 | €25,820 | €21,133 | -€4,687 | -18.2% |
| Furniture and vehicles | 24 | €1,260 | €1,214 | -€45 | -3.6% |
| Other tangible fixed assets | 26 | €46,395 | €41,290 | -€5,105 | -11.0% |
| Financial fixed assets | 28 | €1,180 | €1,180 | = | 0.0% |
| Current assets | 29/58 | €1,915 | €3,007 | +€1,092 | +57.0% |
| Amounts receivable within one year | 40/41 | €1,777 | €2,584 | +€807 | +45.4% |
| Trade receivables | 40 | €242 | €2,584 | +€2,342 | +968% |
| Other amounts receivable | 41 | €1,535 | - | -€1,535 | |
| Cash at bank and in hand | 54/58 | - | €184 | +€184 | |
| Deferred charges and accrued income | 490/1 | €138 | €239 | +€101 | +73.2% |
| Total equity and liabilities | 10/49 | €76,569 | €67,824 | -€8,745 | -11.4% |
| Equity | 10/15 | €14,719 | -€21,497 | -€36,216 | |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,219 | -€22,997 | -€36,216 | |
| Amounts payable | 17/49 | €61,851 | €89,321 | +€27,470 | +44.4% |
| Amounts payable after more than one year | 17 | €18,257 | €13,402 | -€4,856 | -26.6% |
| Financial debts | 170/4 | €18,257 | €13,402 | -€4,856 | -26.6% |
| Amounts payable within one year | 42/48 | €43,593 | €75,919 | +€32,326 | +74.2% |
| Current portion of amounts payable after more than one year | 42 | €4,720 | €4,856 | +€135 | +2.9% |
| Financial debts | 43 | €635 | - | -€635 | |
| Credit institutions | 430/8 | €635 | - | -€635 | |
| Trade debts | 44 | €3,927 | €7,367 | +€3,440 | +87.6% |
| Suppliers | 440/4 | €3,927 | €7,367 | +€3,440 | +87.6% |
| Taxes, remuneration and social security | 45 | €3,460 | €3,747 | +€286 | +8.3% |
| Taxes | 450/3 | €3,460 | €3,747 | +€286 | +8.3% |
| Other amounts payable | 47/48 | €30,850 | €59,950 | +€29,100 | +94.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,898 | €12,231 | +€4,332 | +54.9% |
| Other operating charges | 640/8 | €393 | - | -€393 | |
| Gross operating margin | 9900 | €25,273 | -€22,479 | -€47,752 | |
| Operating profit (loss) | 9901 | €16,982 | -€34,710 | -€51,691 | |
| Financial income | 75/76B | €88 | €93 | +€5 | +5.6% |
| Recurring financial income | 75 | €88 | €93 | +€5 | +5.6% |
| Financial charges | 65/66B | €364 | €1,467 | +€1,103 | +303% |
| Recurring financial charges | 65 | €364 | €1,467 | +€1,103 | +303% |
| Profit (loss) for the period before taxes | 9903 | €16,705 | -€36,084 | -€52,789 | |
| Income taxes | 67/77 | €3,487 | €132 | -€3,355 | -96.2% |
| Profit (loss) for the period | 9904 | €13,219 | -€36,216 | -€49,434 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,219 | -€36,216 | -€49,434 |
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 26 October 2026 via checked.be.