PREMIER 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.
PREMIER ART
Largest movements
- Receivables within one year +€22,220
up €22,220 (+161.0%), from €13,801 to €36,021
of which Trade receivables: +€22,105
- Cash +€1,909
up €1,909, from €0 to €1,909
mainly Trade debts (+€20,302) and Net result for the year (+€18,980)
- Tangible fixed assets +€857
up €857, from €0 to €857
- Trade debts +€20,302
up €20,302 (+88.9%), from €22,842 to €43,145
- Profit (loss) carried forward +€18,980
up €18,980 (+31.7%), from -€59,787 to -€40,807
- Other debts -€17,307
down €17,307 (-36.0%), from €48,094 to €30,787
- Tax, wage and social debts +€2,707
up €2,707 (+11057.1%), from €24 to €2,731
of which Taxes: +€2,707
- Gross operating margin +€28,267
up €28,267 (+144.5%), from €19,567 to €47,834
- Depreciation -€4,775
down €4,775 (-92.6%), from €5,158 to €383
- Taxes +€2,731
up €2,731 (+1506.9%), from €181 to €2,912
- Staff costs -€1,587
down €1,587 (-6.3%), from €25,101 to €23,514
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.
Cash bridge derived
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 | €14,241 | €38,856 | +€24,615 | +172.8% |
| Formation expenses | 20 | €278 | €69 | -€208 | -75.0% |
| Fixed assets | 21/28 | €0 | €857 | +€857 | |
| Tangible fixed assets | 22/27 | €0 | €857 | +€857 | |
| Furniture and vehicles | 24 | €0 | €857 | +€857 | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €13,964 | €37,930 | +€23,967 | +171.6% |
| Amounts receivable within one year | 40/41 | €13,801 | €36,021 | +€22,220 | +161.0% |
| Trade receivables | 40 | €13,801 | €35,906 | +€22,105 | +160.2% |
| Other amounts receivable | 41 | - | €116 | +€116 | |
| Cash at bank and in hand | 54/58 | €0 | €1,909 | +€1,909 | |
| Deferred charges and accrued income | 490/1 | €163 | €0 | -€163 | -100.0% |
| Total equity and liabilities | 10/49 | €14,241 | €38,856 | +€24,615 | +172.8% |
| Equity | 10/15 | -€56,786 | -€37,806 | +€18,980 | +33.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,787 | -€40,807 | +€18,980 | +31.7% |
| Amounts payable | 17/49 | €71,027 | €76,663 | +€5,635 | +7.9% |
| Amounts payable within one year | 42/48 | €71,027 | €76,663 | +€5,635 | +7.9% |
| Financial debts | 43 | €67 | €0 | -€67 | -100.0% |
| Credit institutions | 430/8 | €67 | €0 | -€67 | -100.0% |
| Trade debts | 44 | €22,842 | €43,145 | +€20,302 | +88.9% |
| Suppliers | 440/4 | €22,842 | €43,145 | +€20,302 | +88.9% |
| Taxes, remuneration and social security | 45 | €24 | €2,731 | +€2,707 | +11057.1% |
| Taxes | 450/3 | €24 | €2,731 | +€2,707 | +11057.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €48,094 | €30,787 | -€17,307 | -36.0% |
| Remuneration, social security and pensions | 62 | €25,101 | €23,514 | -€1,587 | -6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,158 | €383 | -€4,775 | -92.6% |
| Other operating charges | 640/8 | €450 | €563 | +€113 | +25.1% |
| Gross operating margin | 9900 | €19,567 | €47,834 | +€28,267 | +144.5% |
| Operating profit (loss) | 9901 | -€11,142 | €23,374 | +€34,516 | |
| Financial income | 75/76B | €0 | €172 | +€171 | +39783.7% |
| Recurring financial income | 75 | €0 | €172 | +€171 | +39783.7% |
| Financial charges | 65/66B | €1,606 | €1,653 | +€46 | +2.9% |
| Recurring financial charges | 65 | €1,606 | €1,653 | +€46 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | -€12,748 | €21,892 | +€34,641 | |
| Income taxes | 67/77 | €181 | €2,912 | +€2,731 | +1506.9% |
| Profit (loss) for the period | 9904 | -€12,930 | €18,980 | +€31,909 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,930 | €18,980 | +€31,909 |
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 11 October 2026 via checked.be.