PUBLICARTE: 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.
PUBLICARTE
Largest movements
- Receivables within one year -€400
down €400 (-3.3%), from €12,195 to €11,795
- Cash -€268
down €268 (-75.4%), from €356 to €88
mainly Net result for the year (-€668)
- Profit (loss) carried forward -€668
down €668 (-2.6%), from -€25,410 to -€26,078
- Gross operating margin -€338
down €338 (-224%), from -€151 to -€489
- Financial charges +€42
up €42 (+30.3%), from €138 to €179
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 | €12,550 | €11,882 | -€668 | -5.3% |
| Current assets | 29/58 | €12,550 | €11,882 | -€668 | -5.3% |
| Amounts receivable within one year | 40/41 | €12,195 | €11,795 | -€400 | -3.3% |
| Other amounts receivable | 41 | €12,195 | €11,795 | -€400 | -3.3% |
| Cash at bank and in hand | 54/58 | €356 | €88 | -€268 | -75.4% |
| Total equity and liabilities | 10/49 | €12,550 | €11,882 | -€668 | -5.3% |
| Equity | 10/15 | €12,550 | €11,882 | -€668 | -5.3% |
| Contributions | 10/11 | €28,508 | €28,508 | = | 0.0% |
| Reserves | 13 | €9,453 | €9,453 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,191 | €7,191 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,191 | €7,191 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,215 | €1,215 | = | 0.0% |
| Distributable reserves | 133 | €1,046 | €1,046 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,410 | -€26,078 | -€668 | -2.6% |
| Gross operating margin | 9900 | -€151 | -€489 | -€338 | -224% |
| Operating profit (loss) | 9901 | -€151 | -€489 | -€338 | -224% |
| Financial charges | 65/66B | €138 | €179 | +€42 | +30.3% |
| Recurring financial charges | 65 | €138 | €179 | +€42 | +30.3% |
| Profit (loss) for the period before taxes | 9903 | -€288 | -€668 | -€380 | -132% |
| Profit (loss) for the period | 9904 | -€288 | -€668 | -€380 | -132% |
| Profit (loss) for the period to be appropriated | 9905 | -€288 | -€668 | -€380 | -132% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.