KUNSTENCENTRUM BUDA: 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.
KUNSTENCENTRUM BUDA
Largest movements
- Receivables within one year -€51,720
down €51,720 (-14.5%), from €357,151 to €305,431
of which Other amounts receivable: -€80,579
- Tangible fixed assets -€35,981
down €35,981 (-18.1%), from €199,117 to €163,136
of which Plant, machinery and equipment: -€24,694
- Cash +€19,135
up €19,135 (+7.0%), from €274,672 to €293,806
mainly Depreciation (+€92,898) and Receivables within one year (+€51,720)
- Intangible fixed assets +€14,447
up €14,447 (+215.1%), from €6,715 to €21,162
- Profit (loss) carried forward -€47,498
down €47,498 (-12.2%), from €388,443 to €340,946
- Trade debts -€27,672
down €27,672 (-15.4%), from €179,783 to €152,111
- Tax, wage and social debts +€27,565
up €27,565 (+25.2%), from €109,333 to €136,898
of which Remuneration and social security: +€18,250
- Staff costs +€41,865
up €41,865 (+3.9%), from €1.1m to €1.1m
- Gross operating margin -€33,410
down €33,410 (-2.7%), from €1.2m to €1.2m
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 | €847,635 | €798,315 | -€49,320 | -5.8% |
| Fixed assets | 21/28 | €207,145 | €185,611 | -€21,534 | -10.4% |
| Intangible fixed assets | 21 | €6,715 | €21,162 | +€14,447 | +215.1% |
| Tangible fixed assets | 22/27 | €199,117 | €163,136 | -€35,981 | -18.1% |
| Plant, machinery and equipment | 23 | €112,417 | €87,724 | -€24,694 | -22.0% |
| Furniture and vehicles | 24 | €16,829 | €15,073 | -€1,756 | -10.4% |
| Other tangible fixed assets | 26 | €69,870 | €60,339 | -€9,531 | -13.6% |
| Financial fixed assets | 28 | €1,313 | €1,313 | = | 0.0% |
| Current assets | 29/58 | €640,490 | €612,704 | -€27,786 | -4.3% |
| Stocks and contracts in progress | 3 | €1,727 | €2,879 | +€1,151 | +66.6% |
| Stocks | 30/36 | €1,727 | €2,879 | +€1,151 | +66.6% |
| Amounts receivable within one year | 40/41 | €357,151 | €305,431 | -€51,720 | -14.5% |
| Trade receivables | 40 | €76,431 | €105,289 | +€28,859 | +37.8% |
| Other amounts receivable | 41 | €280,721 | €200,142 | -€80,579 | -28.7% |
| Cash at bank and in hand | 54/58 | €274,672 | €293,806 | +€19,135 | +7.0% |
| Deferred charges and accrued income | 490/1 | €6,939 | €10,588 | +€3,648 | +52.6% |
| Total equity and liabilities | 10/49 | €847,635 | €798,315 | -€49,320 | -5.8% |
| Equity | 10/15 | €551,019 | €503,521 | -€47,498 | -8.6% |
| Reserves | 13 | €162,575 | €162,575 | = | 0.0% |
| Profit (loss) carried forward | 14 | €388,443 | €340,946 | -€47,498 | -12.2% |
| Amounts payable | 17/49 | €296,616 | €294,794 | -€1,822 | -0.6% |
| Amounts payable within one year | 42/48 | €289,116 | €289,009 | -€107 | 0.0% |
| Trade debts | 44 | €179,783 | €152,111 | -€27,672 | -15.4% |
| Suppliers | 440/4 | €179,783 | €152,111 | -€27,672 | -15.4% |
| Taxes, remuneration and social security | 45 | €109,333 | €136,898 | +€27,565 | +25.2% |
| Taxes | 450/3 | - | €9,314 | +€9,314 | |
| Remuneration and social security | 454/9 | €109,333 | €127,584 | +€18,250 | +16.7% |
| Accrued charges and deferred income | 492/3 | €7,500 | €5,785 | -€1,715 | -22.9% |
| Non-recurring operating income | 76A | €952 | €0 | -€952 | -100.0% |
| Remuneration, social security and pensions | 62 | €1,066,948 | €1,108,813 | +€41,865 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,646 | €92,898 | +€10,251 | +12.4% |
| Other operating charges | 640/8 | €37,117 | €39,268 | +€2,151 | +5.8% |
| Non-recurring operating charges | 66A | €362 | €0 | -€362 | -100.0% |
| Gross operating margin | 9900 | €1,228,998 | €1,195,587 | -€33,410 | -2.7% |
| Operating profit (loss) | 9901 | €41,924 | -€45,392 | -€87,316 | |
| Financial income | 75/76B | €401 | €2,883 | +€2,482 | +618.6% |
| Recurring financial income | 75 | €401 | €2,883 | +€2,482 | +618.6% |
| Financial charges | 65/66B | €5,800 | €4,989 | -€812 | -14.0% |
| Recurring financial charges | 65 | €5,800 | €4,989 | -€812 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | €36,525 | -€47,498 | -€84,023 | |
| Profit (loss) for the period | 9904 | €36,525 | -€47,498 | -€84,023 | |
| Profit (loss) for the period to be appropriated | 9905 | €36,525 | -€47,498 | -€84,023 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.