Le Public: 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.
What changed
Le Public
NACE 90.311, Arts creation and performing arts activities
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€119,792
2024 · €9,515+€110,277
Equity
€136,202
2024 · €16,410+€119,792
Cash
€2.3m
2024 · €2.2m+€46,743
Balance sheet total
€3.2m
2024 · €3.4m-€193,770
Largest movements
Assets
- Receivables within one year -€177,318
down €177,318 (-66.9%), from €265,123 to €87,805
of which Other amounts receivable: -€147,549
- Cash +€46,743
up €46,743 (+2.1%), from €2.2m to €2.3m
mainly Receivables within one year (+€177,318) and Depreciation (+€163,311)
- Deferred charges and accrued income -€39,684
down €39,684 (-27.4%), from €144,863 to €105,180
Equity and liabilities
- Accrued charges and deferred income -€220,928
down €220,928 (-16.5%), from €1.3m to €1.1m
- Profit (loss) carried forward +€119,792
up €119,792 (+730.0%), from €16,410 to €136,202
- Debts within one year -€102,341
down €102,341 (-6.3%), from €1.6m to €1.5m
of which Trade debts: -€150,886
- Provisions +€85,000
new in 2025: €85,000
- Debts after one year -€75,293
down €75,293 (-17.3%), from €435,102 to €359,809
Income statement
- Gross operating margin +€520,256
up €520,256 (+18.6%), from €2.8m to €3.3m
- Staff costs +€135,186
up €135,186 (+5.5%), from €2.5m to €2.6m
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.
Result 2024
€9,515
Gross operating margin
+€520,256
Staff costs
-€135,186
Depreciation
-€20,143
Other operating charges
-€9,534
Other operating items
-€268,553
Financial income
+€6,483
Financial charges
+€4,245
Taxes
+€12,708
Result 2025
€119,792
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.
From operations
+€261,936
Investment
-€139,901
Financing
-€75,293
Cash 2024
€2.2m
From operations (derived)
+€261,936
Net result for the year
+€119,792
Depreciation
+€163,311
Stocks and contracts
+€101
Receivables within one year
+€177,318
Deferred charges and accrued income
+€39,684
Provisions
+€85,000
Debts within one year
-€102,341
Accrued charges and deferred income
-€220,928
Investment (derived)
-€139,901
Investment in fixed assets (net)
-€139,901
Financing
-€75,293
Debts after one year
-€75,293
Cash 2025
€2.3m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,422,353 | €3,228,583 | -€193,770 | -5.7% |
| Fixed assets | 21/28 | €744,804 | €721,393 | -€23,410 | -3.1% |
| Intangible fixed assets | 21 | €2,587 | €876 | -€1,711 | -66.1% |
| Tangible fixed assets | 22/27 | €687,628 | €673,632 | -€13,996 | -2.0% |
| Plant, machinery and equipment | 23 | €539,848 | €556,516 | +€16,669 | +3.1% |
| Furniture and vehicles | 24 | €59,290 | €40,357 | -€18,933 | -31.9% |
| Other tangible fixed assets | 26 | €84,075 | €66,597 | -€17,478 | -20.8% |
| Assets under construction and advance payments | 27 | €4,416 | €10,162 | +€5,746 | +130.1% |
| Financial fixed assets | 28 | €54,588 | €46,885 | -€7,703 | -14.1% |
| Current assets | 29/58 | €2,677,550 | €2,507,190 | -€170,360 | -6.4% |
| Stocks and contracts in progress | 3 | €27,077 | €26,976 | -€101 | -0.4% |
| Stocks | 30/36 | €27,077 | €26,976 | -€101 | -0.4% |
| Amounts receivable within one year | 40/41 | €265,123 | €87,805 | -€177,318 | -66.9% |
| Trade receivables | 40 | €84,049 | €54,279 | -€29,769 | -35.4% |
| Other amounts receivable | 41 | €181,075 | €33,526 | -€147,549 | -81.5% |
| Cash at bank and in hand | 54/58 | €2,240,486 | €2,287,229 | +€46,743 | +2.1% |
| Deferred charges and accrued income | 490/1 | €144,863 | €105,180 | -€39,684 | -27.4% |
| Total equity and liabilities | 10/49 | €3,422,353 | €3,228,583 | -€193,770 | -5.7% |
| Equity | 10/15 | €16,410 | €136,202 | +€119,792 | +730.0% |
| Profit (loss) carried forward | 14 | €16,410 | €136,202 | +€119,792 | +730.0% |
| Provisions and deferred taxes | 16 | - | €85,000 | +€85,000 | |
| Provisions for liabilities and charges | 160/5 | - | €85,000 | +€85,000 | |
| Other liabilities and charges | 164/5 | - | €85,000 | +€85,000 | |
| Amounts payable | 17/49 | €3,405,943 | €3,007,381 | -€398,562 | -11.7% |
| Amounts payable after more than one year | 17 | €435,102 | €359,809 | -€75,293 | -17.3% |
| Financial debts | 170/4 | €435,102 | €359,809 | -€75,293 | -17.3% |
| Amounts payable within one year | 42/48 | €1,633,820 | €1,531,479 | -€102,341 | -6.3% |
| Current portion of amounts payable after more than one year | 42 | €72,911 | €75,293 | +€2,382 | +3.3% |
| Trade debts | 44 | €386,699 | €235,813 | -€150,886 | -39.0% |
| Suppliers | 440/4 | €386,699 | €235,813 | -€150,886 | -39.0% |
| Advances received on contracts in progress | 46 | €901,913 | €927,255 | +€25,341 | +2.8% |
| Taxes, remuneration and social security | 45 | €268,906 | €291,534 | +€22,628 | +8.4% |
| Taxes | 450/3 | €34,276 | €29,740 | -€4,536 | -13.2% |
| Remuneration and social security | 454/9 | €234,630 | €261,794 | +€27,164 | +11.6% |
| Accrued charges and deferred income | 492/3 | €1,337,020 | €1,116,093 | -€220,928 | -16.5% |
| Non-recurring operating income | 76A | €20,204 | €20,204 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €2,465,713 | €2,600,899 | +€135,186 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €143,169 | €163,311 | +€20,143 | +14.1% |
| Other operating charges | 640/8 | €33,216 | €42,750 | +€9,534 | +28.7% |
| Non-recurring operating charges | 66A | €576 | €269,128 | +€268,553 | +46642.4% |
| Gross operating margin | 9900 | €2,794,842 | €3,315,097 | +€520,256 | +18.6% |
| Operating profit (loss) | 9901 | €152,169 | €239,010 | +€86,841 | +57.1% |
| Financial income | 75/76B | €21,295 | €27,778 | +€6,483 | +30.4% |
| Recurring financial income | 75 | €21,295 | €27,778 | +€6,483 | +30.4% |
| Financial charges | 65/66B | €157,396 | €153,151 | -€4,245 | -2.7% |
| Recurring financial charges | 65 | €157,396 | €153,151 | -€4,245 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | €16,069 | €113,637 | +€97,569 | +607.2% |
| Income taxes | 67/77 | €6,554 | -€6,154 | -€12,708 | |
| Profit (loss) for the period | 9904 | €9,515 | €119,792 | +€110,277 | +1159.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,515 | €119,792 | +€110,277 | +1159.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.