PLAY IT ART: 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.
PLAY IT ART
Largest movements
- Cash -€3,027
down €3,027 (-66.4%), from €4,561 to €1,534
mainly Trade debts (-€7,813) and Receivables within one year (-€886)
- Trade debts -€7,813
down €7,813 (-74.0%), from €10,555 to €2,742
- Other debts +€5,005
up €5,005 (+2.1%), from €240,117 to €245,122
- Gross operating margin +€8,239
up €8,239, from -€3,617 to €4,622
- Taxes -€4,109
down €4,109 (-100%), from €4,109 to €0
- Other operating charges -€1,109
down €1,109 (-46.2%), from €2,400 to €1,291
- Financial charges +€136
up €136 (+127%), from €107 to €242
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 | €181,836 | €179,370 | -€2,466 | -1.4% |
| Fixed assets | 21/28 | €1,381 | €1,056 | -€325 | -23.5% |
| Tangible fixed assets | 22/27 | €1,381 | €1,056 | -€325 | -23.5% |
| Other tangible fixed assets | 26 | €1,381 | €1,056 | -€325 | -23.5% |
| Current assets | 29/58 | €180,455 | €178,314 | -€2,141 | -1.2% |
| Stocks and contracts in progress | 3 | €155,328 | €155,328 | = | 0.0% |
| Stocks | 30/36 | €155,328 | €155,328 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €20,566 | €21,452 | +€886 | +4.3% |
| Trade receivables | 40 | €9,128 | €9,128 | = | 0.0% |
| Other amounts receivable | 41 | €11,439 | €12,324 | +€886 | +7.7% |
| Cash at bank and in hand | 54/58 | €4,561 | €1,534 | -€3,027 | -66.4% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €181,836 | €179,370 | -€2,466 | -1.4% |
| Equity | 10/15 | -€68,836 | -€68,494 | +€342 | +0.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€93,836 | -€93,494 | +€342 | +0.4% |
| Amounts payable | 17/49 | €250,672 | €247,864 | -€2,808 | -1.1% |
| Amounts payable within one year | 42/48 | €250,672 | €247,864 | -€2,808 | -1.1% |
| Trade debts | 44 | €10,555 | €2,742 | -€7,813 | -74.0% |
| Suppliers | 440/4 | €10,555 | €2,742 | -€7,813 | -74.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €240,117 | €245,122 | +€5,005 | +2.1% |
| Non-recurring operating income | 76A | - | €14,585 | +€14,585 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €325 | €325 | = | 0.0% |
| Other operating charges | 640/8 | €2,400 | €1,291 | -€1,109 | -46.2% |
| Non-recurring operating charges | 66A | - | €2,422 | +€2,422 | |
| Gross operating margin | 9900 | -€3,617 | €4,622 | +€8,239 | |
| Operating profit (loss) | 9901 | -€6,342 | €584 | +€6,926 | |
| Financial charges | 65/66B | €107 | €242 | +€136 | +127% |
| Recurring financial charges | 65 | €107 | €242 | +€136 | +127% |
| Profit (loss) for the period before taxes | 9903 | -€6,449 | €342 | +€6,791 | |
| Income taxes | 67/77 | €4,109 | €0 | -€4,109 | -100% |
| Profit (loss) for the period | 9904 | -€10,558 | €342 | +€10,900 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,558 | €342 | +€10,900 |
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 29 October 2026 via checked.be.