PURE 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.
PURE ART
Largest movements
- Receivables within one year +€8,723
up €8,723 (+20.3%), from €42,908 to €51,631
of which Other amounts receivable: +€6,056
- Tangible fixed assets -€6,271
down €6,271 (-7.0%), from €89,738 to €83,467
- Cash -€2,890
down €2,890 (-27.7%), from €10,417 to €7,527
mainly Net result for the year (-€25,188) and Receivables within one year (-€8,723)
- Other debts +€30,313
up €30,313 (+608%), from €4,983 to €35,296
- Profit (loss) carried forward -€25,188
down €25,188 (-87.4%), from -€28,826 to -€54,015
- Trade debts -€2,892
down €2,892 (-67.7%), from €4,273 to €1,381
- Tax, wage and social debts -€1,755
down €1,755 (-7.5%), from €23,492 to €21,737
of which Remuneration and social security: -€2,648
- Gross operating margin +€14,520
up €14,520 (+143%), from €10,127 to €24,648
- Depreciation -€6,634
down €6,634 (-32.8%), from €20,218 to €13,584
- Staff costs +€1,723
up €1,723 (+5.5%), from €31,159 to €32,882
- Financial charges +€1,114
up €1,114 (+799%), from €139 to €1,253
of which Non-recurring financial charges: +€1,152
- Other operating charges -€723
down €723 (-25.6%), from €2,829 to €2,106
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 | €143,880 | €143,435 | -€445 | -0.3% |
| Fixed assets | 21/28 | €89,912 | €83,641 | -€6,271 | -7.0% |
| Tangible fixed assets | 22/27 | €89,738 | €83,467 | -€6,271 | -7.0% |
| Land and buildings | 22 | €69,429 | €66,521 | -€2,907 | -4.2% |
| Plant, machinery and equipment | 23 | €3,307 | €2,178 | -€1,129 | -34.1% |
| Furniture and vehicles | 24 | €17,002 | €14,767 | -€2,235 | -13.1% |
| Financial fixed assets | 28 | €174 | €174 | = | 0.0% |
| Current assets | 29/58 | €53,968 | €59,795 | +€5,826 | +10.8% |
| Amounts receivable within one year | 40/41 | €42,908 | €51,631 | +€8,723 | +20.3% |
| Trade receivables | 40 | €33,994 | €36,661 | +€2,667 | +7.8% |
| Other amounts receivable | 41 | €8,914 | €14,970 | +€6,056 | +67.9% |
| Cash at bank and in hand | 54/58 | €10,417 | €7,527 | -€2,890 | -27.7% |
| Deferred charges and accrued income | 490/1 | €644 | €637 | -€7 | -1.1% |
| Total equity and liabilities | 10/49 | €143,880 | €143,435 | -€445 | -0.3% |
| Equity | 10/15 | €109,176 | €83,988 | -€25,188 | -23.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €119,402 | €119,402 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,720 | €3,720 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,720 | €3,720 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €96,932 | €96,932 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,826 | -€54,015 | -€25,188 | -87.4% |
| Amounts payable | 17/49 | €34,704 | €59,447 | +€24,743 | +71.3% |
| Amounts payable within one year | 42/48 | €34,704 | €59,447 | +€24,743 | +71.3% |
| Financial debts | 43 | €1,956 | €1,033 | -€923 | -47.2% |
| Credit institutions | 430/8 | €1,956 | €1,033 | -€923 | -47.2% |
| Trade debts | 44 | €4,273 | €1,381 | -€2,892 | -67.7% |
| Suppliers | 440/4 | €4,273 | €1,381 | -€2,892 | -67.7% |
| Taxes, remuneration and social security | 45 | €23,492 | €21,737 | -€1,755 | -7.5% |
| Taxes | 450/3 | - | €893 | +€893 | |
| Remuneration and social security | 454/9 | €23,492 | €20,844 | -€2,648 | -11.3% |
| Other amounts payable | 47/48 | €4,983 | €35,296 | +€30,313 | +608% |
| Remuneration, social security and pensions | 62 | €31,159 | €32,882 | +€1,723 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,218 | €13,584 | -€6,634 | -32.8% |
| Other operating charges | 640/8 | €2,829 | €2,106 | -€723 | -25.6% |
| Gross operating margin | 9900 | €10,127 | €24,648 | +€14,520 | +143% |
| Operating profit (loss) | 9901 | -€44,079 | -€23,923 | +€20,155 | +45.7% |
| Financial income | 75/76B | - | €244 | +€244 | |
| Recurring financial income | 75 | - | €244 | +€244 | |
| Financial charges | 65/66B | €139 | €1,253 | +€1,114 | +799% |
| Recurring financial charges | 65 | €139 | €102 | -€38 | -26.9% |
| Non-recurring financial charges | 66B | - | €1,152 | +€1,152 | |
| Profit (loss) for the period before taxes | 9903 | -€44,218 | -€24,933 | +€19,285 | +43.6% |
| Income taxes | 67/77 | €256 | €256 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€44,474 | -€25,188 | +€19,285 | +43.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,474 | -€25,188 | +€19,285 | +43.4% |
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 30 October 2026 via checked.be.