MOVING ART PRODUCTION: what changed
MOVING ART PRODUCTION
Largest movements
- Receivables after one year -€89,953
down €89,953 (-21.8%), from €413,223 to €323,269
- Cash -€55,016
down €55,016 (-64.7%), from €85,047 to €30,030
mainly Trade debts (-€81,773) and Tax, wage and social debts (-€38,515)
- Receivables within one year -€25,102
down €25,102 (-13.2%), from €190,242 to €165,140
of which Trade receivables: -€30,587
- Tangible fixed assets -€23,976
down €23,976 (-15.5%), from €154,968 to €130,991
of which Plant, machinery and equipment: -€22,284
- Trade debts -€81,773
down €81,773 (-87.5%), from €93,431 to €11,659
- Tax, wage and social debts -€38,515
no longer reported in 2025 (was €38,515)
- Other debts -€28,611
down €28,611 (-95.4%), from €30,000 to €1,389
- Debts after one year -€24,891
down €24,891 (-20.4%), from €122,044 to €97,153
- Current portion of long-term debt -€11,716
down €11,716 (-32.0%), from €36,607 to €24,891
- Gross operating margin -€98,996
down €98,996 (-72.9%), from €135,742 to €36,746
- Taxes -€20,711
no longer reported in 2025 (was €20,711)
- Depreciation +€4,454
up €4,454 (+12.2%), from €36,413 to €40,866
- Financial charges -€2,808
down €2,808 (-33.0%), from €8,502 to €5,694
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €844,585 | €651,074 | -€193,511 | -22.9% |
| Fixed assets | 21/28 | €154,968 | €130,991 | -€23,976 | -15.5% |
| Tangible fixed assets | 22/27 | €154,968 | €130,991 | -€23,976 | -15.5% |
| Land and buildings | 22 | €11,399 | €10,462 | -€937 | -8.2% |
| Plant, machinery and equipment | 23 | €142,515 | €120,232 | -€22,284 | -15.6% |
| Furniture and vehicles | 24 | €1,054 | €298 | -€756 | -71.8% |
| Current assets | 29/58 | €689,617 | €520,082 | -€169,535 | -24.6% |
| Amounts receivable after more than one year | 29 | €413,223 | €323,269 | -€89,953 | -21.8% |
| Other amounts receivable | 291 | €413,223 | €323,269 | -€89,953 | -21.8% |
| Amounts receivable within one year | 40/41 | €190,242 | €165,140 | -€25,102 | -13.2% |
| Trade receivables | 40 | €119,429 | €88,842 | -€30,587 | -25.6% |
| Other amounts receivable | 41 | €70,813 | €76,298 | +€5,485 | +7.7% |
| Cash at bank and in hand | 54/58 | €85,047 | €30,030 | -€55,016 | -64.7% |
| Deferred charges and accrued income | 490/1 | €1,105 | €1,642 | +€537 | +48.6% |
| Total equity and liabilities | 10/49 | €844,585 | €651,074 | -€193,511 | -22.9% |
| Equity | 10/15 | €518,112 | €515,982 | -€2,130 | -0.4% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €511,915 | €511,915 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,405 | €5,405 | = | 0.0% |
| Distributable reserves | 133 | €506,510 | €506,510 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€2,130 | -€2,130 | |
| Amounts payable | 17/49 | €326,473 | €135,091 | -€191,381 | -58.6% |
| Amounts payable after more than one year | 17 | €122,044 | €97,153 | -€24,891 | -20.4% |
| Financial debts | 170/4 | €122,044 | €97,153 | -€24,891 | -20.4% |
| Amounts payable within one year | 42/48 | €198,554 | €37,938 | -€160,616 | -80.9% |
| Current portion of amounts payable after more than one year | 42 | €36,607 | €24,891 | -€11,716 | -32.0% |
| Trade debts | 44 | €93,431 | €11,659 | -€81,773 | -87.5% |
| Suppliers | 440/4 | €93,431 | €11,659 | -€81,773 | -87.5% |
| Taxes, remuneration and social security | 45 | €38,515 | - | -€38,515 | |
| Taxes | 450/3 | €38,515 | - | -€38,515 | |
| Other amounts payable | 47/48 | €30,000 | €1,389 | -€28,611 | -95.4% |
| Accrued charges and deferred income | 492/3 | €5,875 | - | -€5,875 | |
| Non-recurring operating income | 76A | €316 | - | -€316 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,413 | €40,866 | +€4,454 | +12.2% |
| Other operating charges | 640/8 | €692 | €1,227 | +€535 | +77.4% |
| Gross operating margin | 9900 | €135,742 | €36,746 | -€98,996 | -72.9% |
| Operating profit (loss) | 9901 | €98,638 | -€5,347 | -€103,984 | |
| Financial income | 75/76B | €9,143 | €8,911 | -€232 | -2.5% |
| Recurring financial income | 75 | €9,143 | €8,911 | -€232 | -2.5% |
| Financial charges | 65/66B | €8,502 | €5,694 | -€2,808 | -33.0% |
| Recurring financial charges | 65 | €8,502 | €5,694 | -€2,808 | -33.0% |
| Profit (loss) for the period before taxes | 9903 | €99,279 | -€2,130 | -€101,408 | |
| Income taxes | 67/77 | €20,711 | - | -€20,711 | |
| Profit (loss) for the period | 9904 | €78,568 | -€2,130 | -€80,698 | |
| Profit (loss) for the period to be appropriated | 9905 | €78,568 | -€2,130 | -€80,698 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.