Kunstatelier Storms: 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.
Kunstatelier Storms
Largest movements
- Tangible fixed assets -€16,457
down €16,457 (-10.8%), from €151,777 to €135,320
of which Plant, machinery and equipment: -€13,588
- Cash +€8,796
up €8,796 (+95.2%), from €9,240 to €18,036
mainly Other debts (+€39,860) and Depreciation (+€18,522)
- Profit (loss) carried forward -€51,784
down €51,784 (-41.6%), from -€124,512 to -€176,296
- Other debts +€39,860
up €39,860 (+32.8%), from €121,385 to €161,245
- Tax, wage and social debts +€8,209
up €8,209 (+6866.0%), from €120 to €8,329
- Debts after one year -€3,057
down €3,057 (-62.9%), from €4,858 to €1,802
- Other operating charges +€28,370
up €28,370 (+725.3%), from €3,911 to €32,281
- Depreciation +€1,576
up €1,576 (+9.3%), from €16,945 to €18,522
- Financial charges -€1,187
down €1,187 (-20.7%), from €5,734 to €4,548
- Gross operating margin +€400
up €400 (+6.8%), from €5,907 to €6,307
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €210,360 | €202,921 | -€7,438 | -3.5% |
| Fixed assets | 21/28 | €151,777 | €135,320 | -€16,457 | -10.8% |
| Tangible fixed assets | 22/27 | €151,777 | €135,320 | -€16,457 | -10.8% |
| Land and buildings | 22 | €49,713 | €46,844 | -€2,869 | -5.8% |
| Plant, machinery and equipment | 23 | €63,567 | €49,979 | -€13,588 | -21.4% |
| Furniture and vehicles | 24 | €38,498 | €38,498 | = | 0.0% |
| Current assets | 29/58 | €58,583 | €67,601 | +€9,019 | +15.4% |
| Stocks and contracts in progress | 3 | - | €300 | +€300 | |
| Stocks | 30/36 | - | €300 | +€300 | |
| Amounts receivable within one year | 40/41 | €47,809 | €47,668 | -€141 | -0.3% |
| Trade receivables | 40 | €5,459 | €0 | -€5,459 | -100.0% |
| Other amounts receivable | 41 | €42,350 | €47,668 | +€5,318 | +12.6% |
| Cash at bank and in hand | 54/58 | €9,240 | €18,036 | +€8,796 | +95.2% |
| Deferred charges and accrued income | 490/1 | €1,534 | €1,598 | +€64 | +4.2% |
| Total equity and liabilities | 10/49 | €210,360 | €202,921 | -€7,438 | -3.5% |
| Equity | 10/15 | €75,339 | €23,554 | -€51,784 | -68.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €181,258 | €181,258 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €181,258 | €181,258 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€124,512 | -€176,296 | -€51,784 | -41.6% |
| Amounts payable | 17/49 | €135,021 | €179,367 | +€44,346 | +32.8% |
| Amounts payable after more than one year | 17 | €4,858 | €1,802 | -€3,057 | -62.9% |
| Financial debts | 170/4 | €4,858 | €1,802 | -€3,057 | -62.9% |
| Amounts payable within one year | 42/48 | €124,521 | €172,924 | +€48,404 | +38.9% |
| Current portion of amounts payable after more than one year | 42 | €3,016 | €3,057 | +€40 | +1.3% |
| Trade debts | 44 | €0 | €294 | +€294 | |
| Suppliers | 440/4 | €0 | €294 | +€294 | |
| Taxes, remuneration and social security | 45 | €120 | €8,329 | +€8,209 | +6866.0% |
| Taxes | 450/3 | €120 | €8,329 | +€8,209 | +6866.0% |
| Other amounts payable | 47/48 | €121,385 | €161,245 | +€39,860 | +32.8% |
| Accrued charges and deferred income | 492/3 | €5,642 | €4,641 | -€1,001 | -17.7% |
| Non-recurring operating income | 76A | €3,916 | €0 | -€3,916 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,945 | €18,522 | +€1,576 | +9.3% |
| Other operating charges | 640/8 | €3,911 | €32,281 | +€28,370 | +725.3% |
| Non-recurring operating charges | 66A | €1,726 | €2,901 | +€1,175 | +68.1% |
| Gross operating margin | 9900 | €5,907 | €6,307 | +€400 | +6.8% |
| Operating profit (loss) | 9901 | -€16,676 | -€47,397 | -€30,721 | -184.2% |
| Financial income | 75/76B | €5 | €0 | -€5 | -100.0% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -100.0% |
| Financial charges | 65/66B | €5,734 | €4,548 | -€1,187 | -20.7% |
| Recurring financial charges | 65 | €5,734 | €4,548 | -€1,187 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | -€22,405 | -€51,945 | -€29,540 | -131.8% |
| Income taxes | 67/77 | €123 | €140 | +€16 | +13.2% |
| Profit (loss) for the period | 9904 | -€22,528 | -€52,084 | -€29,556 | -131.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,528 | -€52,084 | -€29,556 | -131.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.