KUNSTHUIS: 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.
KUNSTHUIS
Largest movements
- Cash -€4,301
down €4,301 (-5.7%), from €75,304 to €71,003
mainly Stocks and contracts (-€2,657) and Accrued charges and deferred income (-€1,841)
- Stocks and contracts +€2,657
up €2,657 (+26.8%), from €9,921 to €12,578
- Receivables within one year +€1,824
up €1,824 (+75.4%), from €2,417 to €4,241
of which Other amounts receivable: +€960
- Profit (loss) carried forward +€3,108
up €3,108 (+4.8%), from €64,645 to €67,753
- Accrued charges and deferred income -€1,841
down €1,841 (-79.0%), from €2,331 to €489
- Trade debts -€1,450
no longer reported in 2025 (was €1,450)
- Gross operating margin -€10,464
down €10,464 (-67.5%), from €15,499 to €5,035
- Taxes -€2,905
down €2,905 (-78.7%), from €3,689 to €785
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 | €89,503 | €88,958 | -€545 | -0.6% |
| Fixed assets | 21/28 | €1,560 | €1,135 | -€425 | -27.2% |
| Tangible fixed assets | 22/27 | €1,310 | €885 | -€425 | -32.4% |
| Land and buildings | 22 | €1,180 | €885 | -€295 | -25.0% |
| Furniture and vehicles | 24 | €130 | - | -€130 | |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €87,942 | €87,822 | -€120 | -0.1% |
| Stocks and contracts in progress | 3 | €9,921 | €12,578 | +€2,657 | +26.8% |
| Stocks | 30/36 | €9,921 | €12,578 | +€2,657 | +26.8% |
| Amounts receivable within one year | 40/41 | €2,417 | €4,241 | +€1,824 | +75.4% |
| Trade receivables | 40 | - | €864 | +€864 | |
| Other amounts receivable | 41 | €2,417 | €3,377 | +€960 | +39.7% |
| Cash at bank and in hand | 54/58 | €75,304 | €71,003 | -€4,301 | -5.7% |
| Deferred charges and accrued income | 490/1 | €300 | - | -€300 | |
| Total equity and liabilities | 10/49 | €89,503 | €88,958 | -€545 | -0.6% |
| Equity | 10/15 | €85,096 | €88,204 | +€3,108 | +3.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,645 | €67,753 | +€3,108 | +4.8% |
| Amounts payable | 17/49 | €4,407 | €753 | -€3,653 | -82.9% |
| Amounts payable within one year | 42/48 | €2,076 | €264 | -€1,812 | -87.3% |
| Trade debts | 44 | €1,450 | - | -€1,450 | |
| Suppliers | 440/4 | €1,450 | - | -€1,450 | |
| Other amounts payable | 47/48 | €626 | €264 | -€362 | -57.8% |
| Accrued charges and deferred income | 492/3 | €2,331 | €489 | -€1,841 | -79.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €435 | €425 | -€10 | -2.4% |
| Other operating charges | 640/8 | €1,000 | €1,023 | +€23 | +2.3% |
| Gross operating margin | 9900 | €15,499 | €5,035 | -€10,464 | -67.5% |
| Operating profit (loss) | 9901 | €14,063 | €3,587 | -€10,476 | -74.5% |
| Financial income | 75/76B | €396 | €381 | -€15 | -3.8% |
| Recurring financial income | 75 | €396 | €381 | -€15 | -3.8% |
| Financial charges | 65/66B | €66 | €74 | +€9 | +13.0% |
| Recurring financial charges | 65 | €66 | €74 | +€9 | +13.0% |
| Profit (loss) for the period before taxes | 9903 | €14,393 | €3,893 | -€10,500 | -73.0% |
| Income taxes | 67/77 | €3,689 | €785 | -€2,905 | -78.7% |
| Profit (loss) for the period | 9904 | €10,703 | €3,108 | -€7,595 | -71.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,703 | €3,108 | -€7,595 | -71.0% |
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.