Kunstenwerkplaats: 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.
Kunstenwerkplaats
Largest movements
- Cash +€125,126
up €125,126 (+21.4%), from €585,854 to €710,981
mainly Net result for the year (+€130,582) and Accrued charges and deferred income (+€82,303)
- Receivables within one year +€76,586
up €76,586 (+41.4%), from €184,949 to €261,535
of which Trade receivables: +€110,413
- Reserves +€109,289
up €109,289 (+43.3%), from €252,308 to €361,597
- Accrued charges and deferred income +€82,303
up €82,303 (+41.0%), from €200,711 to €283,014
- Profit (loss) carried forward +€21,293
up €21,293 (+14.5%), from €147,007 to €168,300
- Gross operating margin -€47,247
down €47,247 (-4.5%), from €1.0m to €1.0m
- Staff costs +€27,657
up €27,657 (+3.3%), from €829,378 to €857,035
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 | €783,631 | €992,014 | +€208,383 | +26.6% |
| Fixed assets | 21/28 | €1,000 | €1,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €782,631 | €991,014 | +€208,383 | +26.6% |
| Amounts receivable within one year | 40/41 | €184,949 | €261,535 | +€76,586 | +41.4% |
| Trade receivables | 40 | €49,499 | €159,911 | +€110,413 | +223% |
| Other amounts receivable | 41 | €135,451 | €101,624 | -€33,827 | -25.0% |
| Cash at bank and in hand | 54/58 | €585,854 | €710,981 | +€125,126 | +21.4% |
| Deferred charges and accrued income | 490/1 | €11,827 | €18,498 | +€6,671 | +56.4% |
| Total equity and liabilities | 10/49 | €783,631 | €992,014 | +€208,383 | +26.6% |
| Equity | 10/15 | €399,315 | €529,897 | +€130,582 | +32.7% |
| Reserves | 13 | €252,308 | €361,597 | +€109,289 | +43.3% |
| Profit (loss) carried forward | 14 | €147,007 | €168,300 | +€21,293 | +14.5% |
| Amounts payable | 17/49 | €384,316 | €462,117 | +€77,801 | +20.2% |
| Amounts payable within one year | 42/48 | €183,605 | €179,103 | -€4,502 | -2.5% |
| Trade debts | 44 | €89,425 | €57,747 | -€31,678 | -35.4% |
| Suppliers | 440/4 | €89,425 | €57,747 | -€31,678 | -35.4% |
| Taxes, remuneration and social security | 45 | €91,520 | €121,355 | +€29,836 | +32.6% |
| Taxes | 450/3 | €10,770 | €13,568 | +€2,798 | +26.0% |
| Remuneration and social security | 454/9 | €80,750 | €107,788 | +€27,038 | +33.5% |
| Accrued charges and deferred income | 492/3 | €200,711 | €283,014 | +€82,303 | +41.0% |
| Remuneration, social security and pensions | 62 | €829,378 | €857,035 | +€27,657 | +3.3% |
| Other operating charges | 640/8 | €268 | €306 | +€39 | +14.4% |
| Non-recurring operating charges | 66A | €4,750 | €13,065 | +€8,315 | +175% |
| Gross operating margin | 9900 | €1,049,784 | €1,002,537 | -€47,247 | -4.5% |
| Operating profit (loss) | 9901 | €215,388 | €132,131 | -€83,257 | -38.7% |
| Financial income | 75/76B | €279 | €28 | -€251 | -90.1% |
| Recurring financial income | 75 | €279 | €28 | -€251 | -90.1% |
| Financial charges | 65/66B | €352 | €1,577 | +€1,224 | +348% |
| Recurring financial charges | 65 | €352 | €1,577 | +€1,224 | +348% |
| Profit (loss) for the period before taxes | 9903 | €215,315 | €130,582 | -€84,732 | -39.4% |
| Profit (loss) for the period | 9904 | €215,315 | €130,582 | -€84,732 | -39.4% |
| Profit (loss) for the period to be appropriated | 9905 | €215,315 | €130,582 | -€84,732 | -39.4% |
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 25 October 2026 via checked.be.