Gentle 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.
Gentle Art
Largest movements
- Receivables within one year +€526,814
up €526,814 (+848%), from €62,099 to €588,913
of which Other amounts receivable: +€547,216
- Tangible fixed assets +€18,938
up €18,938 (+3.7%), from €506,920 to €525,858
of which Other tangible fixed assets: +€24,443
- Other debts +€424,400
up €424,400 (+252%), from €168,370 to €592,770
- Trade debts +€86,737
up €86,737 (+251%), from €34,608 to €121,345
- Reserves +€46,581
up €46,581 (+17.8%), from €261,724 to €308,305
- Gross operating margin -€134,812
down €134,812 (-65.5%), from €205,949 to €71,137
- Financial income +€64,319
up €64,319 (+9,608%), from €669 to €64,988
of which Non-recurring financial income: +€45,918
- Taxes -€29,700
down €29,700 (-59.1%), from €50,219 to €20,519
- Other operating charges +€10,272
up €10,272 (+41.6%), from €24,712 to €34,984
- Financial charges +€7,909
up €7,909 (+113%), from €7,025 to €14,935
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 | €580,254 | €1,130,175 | +€549,921 | +94.8% |
| Fixed assets | 21/28 | €514,720 | €534,709 | +€19,989 | +3.9% |
| Tangible fixed assets | 22/27 | €506,920 | €525,858 | +€18,938 | +3.7% |
| Plant, machinery and equipment | 23 | €36,906 | €27,859 | -€9,047 | -24.5% |
| Furniture and vehicles | 24 | - | €3,542 | +€3,542 | |
| Other tangible fixed assets | 26 | €470,014 | €494,457 | +€24,443 | +5.2% |
| Financial fixed assets | 28 | €7,800 | €8,851 | +€1,051 | +13.5% |
| Current assets | 29/58 | €65,534 | €595,466 | +€529,932 | +809% |
| Amounts receivable within one year | 40/41 | €62,099 | €588,913 | +€526,814 | +848% |
| Trade receivables | 40 | €47,432 | €27,030 | -€20,402 | -43.0% |
| Other amounts receivable | 41 | €14,668 | €561,884 | +€547,216 | +3,731% |
| Cash at bank and in hand | 54/58 | €1,198 | €6 | -€1,192 | -99.5% |
| Deferred charges and accrued income | 490/1 | €2,237 | €6,546 | +€4,309 | +193% |
| Total equity and liabilities | 10/49 | €580,254 | €1,130,175 | +€549,921 | +94.8% |
| Equity | 10/15 | €271,724 | €318,305 | +€46,581 | +17.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €261,724 | €308,305 | +€46,581 | +17.8% |
| Distributable reserves | 133 | €261,724 | €308,305 | +€46,581 | +17.8% |
| Amounts payable | 17/49 | €308,530 | €811,869 | +€503,340 | +163% |
| Amounts payable within one year | 42/48 | €302,240 | €811,797 | +€509,557 | +169% |
| Trade debts | 44 | €34,608 | €121,345 | +€86,737 | +251% |
| Suppliers | 440/4 | €34,608 | €121,345 | +€86,737 | +251% |
| Taxes, remuneration and social security | 45 | €99,262 | €97,682 | -€1,581 | -1.6% |
| Taxes | 450/3 | €99,262 | €97,682 | -€1,581 | -1.6% |
| Other amounts payable | 47/48 | €168,370 | €592,770 | +€424,400 | +252% |
| Accrued charges and deferred income | 492/3 | €6,290 | €72 | -€6,217 | -98.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,610 | €19,107 | +€2,497 | +15.0% |
| Other operating charges | 640/8 | €24,712 | €34,984 | +€10,272 | +41.6% |
| Gross operating margin | 9900 | €205,949 | €71,137 | -€134,812 | -65.5% |
| Operating profit (loss) | 9901 | €164,628 | €17,047 | -€147,581 | -89.6% |
| Financial income | 75/76B | €669 | €64,988 | +€64,319 | +9,608% |
| Recurring financial income | 75 | €669 | €19,070 | +€18,401 | +2,749% |
| Non-recurring financial income | 76B | - | €45,918 | +€45,918 | |
| Financial charges | 65/66B | €7,025 | €14,935 | +€7,909 | +113% |
| Recurring financial charges | 65 | €7,025 | €14,935 | +€7,909 | +113% |
| Profit (loss) for the period before taxes | 9903 | €158,272 | €67,100 | -€91,172 | -57.6% |
| Income taxes | 67/77 | €50,219 | €20,519 | -€29,700 | -59.1% |
| Profit (loss) for the period | 9904 | €108,053 | €46,581 | -€61,472 | -56.9% |
| Profit (loss) for the period to be appropriated | 9905 | €108,053 | €46,581 | -€61,472 | -56.9% |
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 23 October 2026 via checked.be.