ONE ART FOUNDATION: 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.
ONE ART FOUNDATION
Largest movements
- Receivables within one year -€59,500
down €59,500 (-100.0%), from €59,500 to €0
- Cash +€6,900
up €6,900 (+699.8%), from €986 to €7,886
mainly Receivables within one year (+€59,500) and Depreciation (+€292)
- Tangible fixed assets +€972
new in 2022: €972
- Profit (loss) carried forward -€51,628
down €51,628 (-85.4%), from €60,486 to €8,858
- Gross operating margin -€112,158
down €112,158, from €61,275 to -€50,883
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €60,486 | €8,858 | -€51,628 | -85.4% |
| Fixed assets | 21/28 | - | €972 | +€972 | |
| Tangible fixed assets | 22/27 | - | €972 | +€972 | |
| Furniture and vehicles | 24 | - | €972 | +€972 | |
| Current assets | 29/58 | €60,486 | €7,886 | -€52,600 | -87.0% |
| Amounts receivable within one year | 40/41 | €59,500 | €0 | -€59,500 | -100.0% |
| Other amounts receivable | 41 | €59,500 | €0 | -€59,500 | -100.0% |
| Cash at bank and in hand | 54/58 | €986 | €7,886 | +€6,900 | +699.8% |
| Total equity and liabilities | 10/49 | €60,486 | €8,858 | -€51,628 | -85.4% |
| Equity | 10/15 | €60,486 | €8,858 | -€51,628 | -85.4% |
| Profit (loss) carried forward | 14 | €60,486 | €8,858 | -€51,628 | -85.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €292 | +€292 | |
| Gross operating margin | 9900 | €61,275 | -€50,883 | -€112,158 | |
| Operating profit (loss) | 9901 | €61,275 | -€51,175 | -€112,450 | |
| Financial charges | 65/66B | €789 | €452 | -€337 | -42.7% |
| Recurring financial charges | 65 | €789 | €452 | -€337 | -42.7% |
| Profit (loss) for the period before taxes | 9903 | €60,486 | -€51,627 | -€112,113 | |
| Profit (loss) for the period | 9904 | €60,486 | -€51,627 | -€112,113 | |
| Profit (loss) for the period to be appropriated | 9905 | €60,486 | -€51,627 | -€112,113 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.