NC Art & Design: 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.
NC Art & Design
Largest movements
- Tangible fixed assets -€1,241
down €1,241 (-20.0%), from €6,202 to €4,961
- Cash -€1,165
down €1,165 (-5.3%), from €22,094 to €20,930
mainly Net result for the year (-€6,020) and Investment in fixed assets (net) (-€1,399)
- Deferred charges and accrued income -€378
down €378 (-23.5%), from €1,613 to €1,234
- Reserves -€6,020
down €6,020 (-96.2%), from €6,258 to €238
- Other debts +€2,961
up €2,961 (+13.9%), from €21,374 to €24,335
- Gross operating margin -€11,609
down €11,609, from €10,366 to -€1,243
- Taxes -€1,736
down €1,736 (-92.9%), from €1,868 to €132
- Depreciation +€1,373
up €1,373 (+108%), from €1,267 to €2,640
- Other operating charges +€572
up €572 (+131%), from €437 to €1,009
- Financial charges +€470
up €470 (+86.7%), from €542 to €1,011
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 | €37,618 | €34,689 | -€2,929 | -7.8% |
| Fixed assets | 21/28 | €6,202 | €4,961 | -€1,241 | -20.0% |
| Tangible fixed assets | 22/27 | €6,202 | €4,961 | -€1,241 | -20.0% |
| Furniture and vehicles | 24 | €6,202 | €4,961 | -€1,241 | -20.0% |
| Current assets | 29/58 | €31,416 | €29,728 | -€1,688 | -5.4% |
| Amounts receivable within one year | 40/41 | €7,710 | €7,564 | -€145 | -1.9% |
| Trade receivables | 40 | €7,704 | €7,564 | -€140 | -1.8% |
| Other amounts receivable | 41 | €5 | €0 | -€5 | -100% |
| Cash at bank and in hand | 54/58 | €22,094 | €20,930 | -€1,165 | -5.3% |
| Deferred charges and accrued income | 490/1 | €1,613 | €1,234 | -€378 | -23.5% |
| Total equity and liabilities | 10/49 | €37,618 | €34,689 | -€2,929 | -7.8% |
| Equity | 10/15 | €9,258 | €3,238 | -€6,020 | -65.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €6,258 | €238 | -€6,020 | -96.2% |
| Distributable reserves | 133 | €6,258 | €238 | -€6,020 | -96.2% |
| Amounts payable | 17/49 | €28,360 | €31,451 | +€3,091 | +10.9% |
| Amounts payable within one year | 42/48 | €28,360 | €31,451 | +€3,091 | +10.9% |
| Trade debts | 44 | €958 | €1,034 | +€77 | +8.0% |
| Suppliers | 440/4 | €958 | €1,034 | +€77 | +8.0% |
| Taxes, remuneration and social security | 45 | €6,029 | €6,082 | +€53 | +0.9% |
| Taxes | 450/3 | €6,029 | €6,082 | +€53 | +0.9% |
| Other amounts payable | 47/48 | €21,374 | €24,335 | +€2,961 | +13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,267 | €2,640 | +€1,373 | +108% |
| Other operating charges | 640/8 | €437 | €1,009 | +€572 | +131% |
| Gross operating margin | 9900 | €10,366 | -€1,243 | -€11,609 | |
| Operating profit (loss) | 9901 | €8,662 | -€4,892 | -€13,554 | |
| Financial income | 75/76B | €5 | €16 | +€11 | +218% |
| Recurring financial income | 75 | €5 | €16 | +€11 | +218% |
| Financial charges | 65/66B | €542 | €1,011 | +€470 | +86.7% |
| Recurring financial charges | 65 | €542 | €1,011 | +€470 | +86.7% |
| Profit (loss) for the period before taxes | 9903 | €8,125 | -€5,888 | -€14,013 | |
| Income taxes | 67/77 | €1,868 | €132 | -€1,736 | -92.9% |
| Profit (loss) for the period | 9904 | €6,258 | -€6,020 | -€12,277 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,258 | -€6,020 | -€12,277 |
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 27 October 2026 via checked.be.