PERFORMING ARTS SERVICES: 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.
PERFORMING ARTS SERVICES
Largest movements
- Tangible fixed assets +€16,172
up €16,172 (+51.8%), from €31,227 to €47,399
of which Furniture and vehicles: +€21,434
- Cash -€13,217
down €13,217 (-48.9%), from €27,003 to €13,786
mainly Investment in fixed assets (net) (-€28,827) and Net result for the year (-€8,929)
- Other debts +€13,920
up €13,920 (+53.0%), from €26,257 to €40,177
- Profit (loss) carried forward -€8,929
down €8,929 (-21.5%), from -€41,575 to -€50,504
- Trade debts -€5,484
down €5,484 (-82.1%), from €6,675 to €1,192
- Current portion of long-term debt +€5,056
new in 2025: €5,056
- Tax, wage and social debts -€3,005
down €3,005 (-39.6%), from €7,596 to €4,590
of which Taxes: -€3,492
- Gross operating margin +€11,637
up €11,637 (+84.8%), from €13,723 to €25,360
- Depreciation +€2,789
up €2,789 (+28.3%), from €9,866 to €12,655
- Staff costs -€2,400
down €2,400 (-11.6%), from €20,714 to €18,313
- Other operating charges -€591
down €591 (-17.0%), from €3,475 to €2,884
- Financial charges +€317
up €317 (+207%), from €154 to €471
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 | €104,425 | €106,728 | +€2,303 | +2.2% |
| Fixed assets | 21/28 | €31,227 | €47,399 | +€16,172 | +51.8% |
| Tangible fixed assets | 22/27 | €31,227 | €47,399 | +€16,172 | +51.8% |
| Land and buildings | 22 | €23,268 | €19,688 | -€3,580 | -15.4% |
| Plant, machinery and equipment | 23 | €2,498 | €815 | -€1,683 | -67.4% |
| Furniture and vehicles | 24 | €5,461 | €26,896 | +€21,434 | +392% |
| Current assets | 29/58 | €73,198 | €59,329 | -€13,869 | -18.9% |
| Amounts receivable within one year | 40/41 | €44,428 | €43,611 | -€817 | -1.8% |
| Trade receivables | 40 | €30,678 | €29,861 | -€817 | -2.7% |
| Other amounts receivable | 41 | €13,750 | €13,751 | +€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €27,003 | €13,786 | -€13,217 | -48.9% |
| Deferred charges and accrued income | 490/1 | €1,767 | €1,932 | +€165 | +9.3% |
| Total equity and liabilities | 10/49 | €104,425 | €106,728 | +€2,303 | +2.2% |
| Equity | 10/15 | €63,783 | €54,854 | -€8,929 | -14.0% |
| Contributions | 10/11 | €99,161 | €99,161 | = | 0.0% |
| Capital | 10 | €99,161 | €99,161 | = | 0.0% |
| Issued capital | 100 | €99,161 | €99,161 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,575 | -€50,504 | -€8,929 | -21.5% |
| Amounts payable | 17/49 | €40,642 | €51,873 | +€11,231 | +27.6% |
| Amounts payable after more than one year | 17 | - | €859 | +€859 | |
| Financial debts | 170/4 | - | €859 | +€859 | |
| Amounts payable within one year | 42/48 | €40,528 | €51,014 | +€10,486 | +25.9% |
| Current portion of amounts payable after more than one year | 42 | - | €5,056 | +€5,056 | |
| Trade debts | 44 | €6,675 | €1,192 | -€5,484 | -82.1% |
| Suppliers | 440/4 | €6,675 | €1,192 | -€5,484 | -82.1% |
| Taxes, remuneration and social security | 45 | €7,596 | €4,590 | -€3,005 | -39.6% |
| Taxes | 450/3 | €3,774 | €282 | -€3,492 | -92.5% |
| Remuneration and social security | 454/9 | €3,822 | €4,308 | +€487 | +12.7% |
| Other amounts payable | 47/48 | €26,257 | €40,177 | +€13,920 | +53.0% |
| Accrued charges and deferred income | 492/3 | €114 | - | -€114 | |
| Non-recurring operating income | 76A | €16,116 | €5,046 | -€11,070 | -68.7% |
| Remuneration, social security and pensions | 62 | €20,714 | €18,313 | -€2,400 | -11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,866 | €12,655 | +€2,789 | +28.3% |
| Other operating charges | 640/8 | €3,475 | €2,884 | -€591 | -17.0% |
| Gross operating margin | 9900 | €13,723 | €25,360 | +€11,637 | +84.8% |
| Operating profit (loss) | 9901 | -€20,332 | -€8,493 | +€11,839 | +58.2% |
| Financial income | 75/76B | €3 | €35 | +€31 | +972% |
| Recurring financial income | 75 | €3 | €35 | +€31 | +972% |
| Financial charges | 65/66B | €154 | €471 | +€317 | +207% |
| Recurring financial charges | 65 | €154 | €471 | +€317 | +207% |
| Profit (loss) for the period before taxes | 9903 | -€20,482 | -€8,929 | +€11,554 | +56.4% |
| Income taxes | 67/77 | €1 | - | -€1 | |
| Profit (loss) for the period | 9904 | -€20,483 | -€8,929 | +€11,554 | +56.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,483 | -€8,929 | +€11,554 | +56.4% |
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 13 October 2026 via checked.be.