KUNSTHAL EXTRA CITY: 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.
KUNSTHAL EXTRA CITY
Largest movements
- Cash -€50,018
down €50,018 (-74.9%), from €66,767 to €16,749
mainly Net result for the year (-€48,741) and Debts within one year (-€32,686)
- Receivables within one year -€24,944
down €24,944 (-32.1%), from €77,753 to €52,809
of which Trade receivables: -€27,590
- Tangible fixed assets -€3,761
down €3,761 (-7.0%), from €53,529 to €49,769
of which Other tangible fixed assets: -€4,841
- Profit (loss) carried forward -€48,741
down €48,741 (-49.0%), from €99,411 to €50,670
- Debts within one year -€32,686
down €32,686 (-38.8%), from €84,298 to €51,612
- Staff costs +€40,261
up €40,261 (+12.7%), from €316,907 to €357,169
- Purchases and services -€18,761
down €18,761 (-6.4%), from €292,534 to €273,773
- Turnover -€16,497
down €16,497 (-21.7%), from €75,933 to €59,436
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 | €208,709 | €127,523 | -€81,186 | -38.9% |
| Fixed assets | 21/28 | €56,524 | €51,749 | -€4,776 | -8.4% |
| Intangible fixed assets | 21 | €200 | - | -€200 | |
| Tangible fixed assets | 22/27 | €53,529 | €49,769 | -€3,761 | -7.0% |
| Plant, machinery and equipment | 23 | €10,998 | €12,078 | +€1,081 | +9.8% |
| Other tangible fixed assets | 26 | €42,531 | €37,690 | -€4,841 | -11.4% |
| Financial fixed assets | 28 | €2,795 | €1,980 | -€815 | -29.2% |
| Current assets | 29/58 | €152,185 | €75,775 | -€76,410 | -50.2% |
| Stocks and contracts in progress | 3 | €865 | €1,024 | +€159 | +18.4% |
| Stocks | 30/36 | €865 | €1,024 | +€159 | +18.4% |
| Amounts receivable within one year | 40/41 | €77,753 | €52,809 | -€24,944 | -32.1% |
| Trade receivables | 40 | €33,264 | €5,674 | -€27,590 | -82.9% |
| Other amounts receivable | 41 | €44,489 | €47,135 | +€2,646 | +5.9% |
| Cash at bank and in hand | 54/58 | €66,767 | €16,749 | -€50,018 | -74.9% |
| Deferred charges and accrued income | 490/1 | €6,799 | €5,192 | -€1,607 | -23.6% |
| Total equity and liabilities | 10/49 | €208,709 | €127,523 | -€81,186 | -38.9% |
| Equity | 10/15 | €124,411 | €75,670 | -€48,741 | -39.2% |
| Reserves | 13 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €99,411 | €50,670 | -€48,741 | -49.0% |
| Amounts payable | 17/49 | €84,298 | €51,854 | -€32,445 | -38.5% |
| Amounts payable within one year | 42/48 | €84,298 | €51,612 | -€32,686 | -38.8% |
| Financial debts | 43 | - | €4,868 | +€4,868 | |
| Credit institutions | 430/8 | - | €4,868 | +€4,868 | |
| Trade debts | 44 | €13,406 | €19,065 | +€5,659 | +42.2% |
| Suppliers | 440/4 | €13,406 | €19,065 | +€5,659 | +42.2% |
| Taxes, remuneration and social security | 45 | €29,690 | €27,679 | -€2,011 | -6.8% |
| Remuneration and social security | 454/9 | €29,690 | €27,679 | -€2,011 | -6.8% |
| Accrued charges and deferred income | 492/3 | - | €241 | +€241 | |
| Turnover | 70 | €75,933 | €59,436 | -€16,497 | -21.7% |
| Membership fees, donations, legacies and grants | 73 | €538,825 | €533,412 | -€5,413 | -1.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €292,534 | €273,773 | -€18,761 | -6.4% |
| Remuneration, social security and pensions | 62 | €316,907 | €357,169 | +€40,261 | +12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,784 | €10,640 | -€3,144 | -22.8% |
| Other operating charges | 640/8 | €881 | €1,374 | +€492 | +55.8% |
| Gross operating margin | 9900 | €324,169 | €321,077 | -€3,092 | -1.0% |
| Operating profit (loss) | 9901 | -€7,405 | -€48,105 | -€40,701 | -550% |
| Financial income | 75/76B | €1,288 | €614 | -€674 | -52.3% |
| Recurring financial income | 75 | €1,288 | €614 | -€674 | -52.3% |
| Financial charges | 65/66B | €1,763 | €1,249 | -€514 | -29.1% |
| Recurring financial charges | 65 | €1,763 | €1,249 | -€514 | -29.1% |
| Profit (loss) for the period before taxes | 9903 | -€7,880 | -€48,741 | -€40,861 | -519% |
| Profit (loss) for the period | 9904 | -€7,880 | -€48,741 | -€40,861 | -519% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,880 | -€48,741 | -€40,861 | -519% |
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 20 October 2026 via checked.be.