Future-Art: 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.
Future-Art
Largest movements
- Receivables within one year -€27,581
down €27,581 (-39.6%), from €69,608 to €42,026
- Tangible fixed assets -€22,874
down €22,874 (-21.9%), from €104,650 to €81,776
of which Furniture and vehicles: -€22,272
- Stocks and contracts -€16,269
down €16,269 (-23.3%), from €69,954 to €53,685
- Cash +€4,035
new in 2025: €4,035
mainly Depreciation (+€29,679) and Receivables within one year (+€27,581)
- Other debts -€31,782
down €31,782 (-89.1%), from €35,665 to €3,883
- Profit (loss) carried forward -€15,303
down €15,303 (-15.3%), from -€100,171 to -€115,474
- Debts after one year -€11,758
down €11,758 (-4.7%), from €252,858 to €241,100
of which Other amounts payable: -€8,900
- Current portion of long-term debt -€4,794
no longer reported in 2025 (was €4,794)
- Tax, wage and social debts +€2,878
up €2,878 (+285%), from €1,008 to €3,887
- Gross operating margin +€56,347
up €56,347, from -€39,805 to €16,543
- Financial charges -€595
down €595 (-46.2%), from €1,289 to €694
- Other operating charges +€566
up €566 (+96.2%), from €588 to €1,155
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 | €250,542 | €187,440 | -€63,102 | -25.2% |
| Fixed assets | 21/28 | €104,650 | €81,776 | -€22,874 | -21.9% |
| Tangible fixed assets | 22/27 | €104,650 | €81,776 | -€22,874 | -21.9% |
| Land and buildings | 22 | €2,906 | €2,740 | -€166 | -5.7% |
| Plant, machinery and equipment | 23 | €2,781 | €1,680 | -€1,101 | -39.6% |
| Furniture and vehicles | 24 | €73,228 | €50,956 | -€22,272 | -30.4% |
| Other tangible fixed assets | 26 | €25,735 | €26,400 | +€665 | +2.6% |
| Current assets | 29/58 | €145,892 | €105,663 | -€40,229 | -27.6% |
| Stocks and contracts in progress | 3 | €69,954 | €53,685 | -€16,269 | -23.3% |
| Stocks | 30/36 | €69,954 | €53,685 | -€16,269 | -23.3% |
| Amounts receivable within one year | 40/41 | €69,608 | €42,026 | -€27,581 | -39.6% |
| Other amounts receivable | 41 | €69,608 | €42,026 | -€27,581 | -39.6% |
| Cash at bank and in hand | 54/58 | - | €4,035 | +€4,035 | |
| Deferred charges and accrued income | 490/1 | €6,330 | €5,917 | -€413 | -6.5% |
| Total equity and liabilities | 10/49 | €250,542 | €187,440 | -€63,102 | -25.2% |
| Equity | 10/15 | -€50,171 | -€65,474 | -€15,303 | -30.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€100,171 | -€115,474 | -€15,303 | -15.3% |
| Amounts payable | 17/49 | €300,712 | €252,913 | -€47,799 | -15.9% |
| Amounts payable after more than one year | 17 | €252,858 | €241,100 | -€11,758 | -4.7% |
| Financial debts | 170/4 | €2,858 | - | -€2,858 | |
| Other amounts payable | 178/9 | €250,000 | €241,100 | -€8,900 | -3.6% |
| Amounts payable within one year | 42/48 | €47,843 | €11,773 | -€36,070 | -75.4% |
| Current portion of amounts payable after more than one year | 42 | €4,794 | - | -€4,794 | |
| Financial debts | 43 | €1,989 | - | -€1,989 | |
| Credit institutions | 430/8 | €1,989 | - | -€1,989 | |
| Trade debts | 44 | €4,387 | €4,003 | -€384 | -8.7% |
| Suppliers | 440/4 | €4,387 | €4,003 | -€384 | -8.7% |
| Taxes, remuneration and social security | 45 | €1,008 | €3,887 | +€2,878 | +285% |
| Taxes | 450/3 | €1,008 | €3,887 | +€2,878 | +285% |
| Other amounts payable | 47/48 | €35,665 | €3,883 | -€31,782 | -89.1% |
| Accrued charges and deferred income | 492/3 | €12 | €41 | +€29 | +240% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,757 | €29,679 | -€77 | -0.3% |
| Other operating charges | 640/8 | €588 | €1,155 | +€566 | +96.2% |
| Gross operating margin | 9900 | -€39,805 | €16,543 | +€56,347 | |
| Operating profit (loss) | 9901 | -€70,150 | -€14,291 | +€55,859 | +79.6% |
| Financial income | 75/76B | €22 | €20 | -€2 | -11.0% |
| Recurring financial income | 75 | €22 | €20 | -€2 | -11.0% |
| Financial charges | 65/66B | €1,289 | €694 | -€595 | -46.2% |
| Recurring financial charges | 65 | €1,289 | €694 | -€595 | -46.2% |
| Profit (loss) for the period before taxes | 9903 | -€71,417 | -€14,966 | +€56,451 | +79.0% |
| Income taxes | 67/77 | €368 | €337 | -€31 | -8.4% |
| Profit (loss) for the period | 9904 | -€71,785 | -€15,303 | +€56,482 | +78.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€71,785 | -€15,303 | +€56,482 | +78.7% |
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 15 October 2026 via checked.be.