SELL ART APP: 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.
SELL ART APP
Largest movements
- Cash +€9,194
up €9,194 (+30.8%), from €29,856 to €39,050
mainly Net result for the year (+€52,192) and Other debts (+€15,629)
- Tangible fixed assets +€8,279
up €8,279 (+171%), from €4,848 to €13,127
of which Furniture and vehicles: +€8,138
- Other debts +€15,629
up €15,629 (+42.7%), from €36,563 to €52,192
- Tax, wage and social debts +€1,728
up €1,728 (+26.9%), from €6,412 to €8,140
- Trade debts -€1,031
down €1,031 (-21.8%), from €4,726 to €3,695
- Gross operating margin +€21,308
up €21,308 (+39.2%), from €54,360 to €75,668
- Taxes +€5,325
up €5,325 (+38.9%), from €13,700 to €19,025
- Depreciation +€2,132
up €2,132 (+132%), from €1,621 to €3,753
- Other operating charges -€1,906
down €1,906 (-76.2%), from €2,502 to €596
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 | €68,161 | €84,487 | +€16,326 | +24.0% |
| Fixed assets | 21/28 | €4,973 | €13,252 | +€8,279 | +166% |
| Tangible fixed assets | 22/27 | €4,848 | €13,127 | +€8,279 | +171% |
| Plant, machinery and equipment | 23 | €771 | €1,377 | +€606 | +78.6% |
| Furniture and vehicles | 24 | - | €8,138 | +€8,138 | |
| Other tangible fixed assets | 26 | €4,077 | €3,612 | -€466 | -11.4% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €63,188 | €71,235 | +€8,048 | +12.7% |
| Amounts receivable within one year | 40/41 | €31,879 | €31,244 | -€636 | -2.0% |
| Trade receivables | 40 | €27,306 | €29,719 | +€2,413 | +8.8% |
| Other amounts receivable | 41 | €4,573 | €1,525 | -€3,048 | -66.7% |
| Cash at bank and in hand | 54/58 | €29,856 | €39,050 | +€9,194 | +30.8% |
| Deferred charges and accrued income | 490/1 | €1,452 | €942 | -€511 | -35.2% |
| Total equity and liabilities | 10/49 | €68,161 | €84,487 | +€16,326 | +24.0% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Amounts payable | 17/49 | €47,701 | €64,027 | +€16,326 | +34.2% |
| Amounts payable within one year | 42/48 | €47,701 | €64,027 | +€16,326 | +34.2% |
| Trade debts | 44 | €4,726 | €3,695 | -€1,031 | -21.8% |
| Suppliers | 440/4 | €4,726 | €3,695 | -€1,031 | -21.8% |
| Taxes, remuneration and social security | 45 | €6,412 | €8,140 | +€1,728 | +26.9% |
| Taxes | 450/3 | €6,412 | €8,140 | +€1,728 | +26.9% |
| Other amounts payable | 47/48 | €36,563 | €52,192 | +€15,629 | +42.7% |
| Non-recurring operating income | 76A | - | €82 | +€82 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,621 | €3,753 | +€2,132 | +132% |
| Other operating charges | 640/8 | €2,502 | €596 | -€1,906 | -76.2% |
| Gross operating margin | 9900 | €54,360 | €75,668 | +€21,308 | +39.2% |
| Operating profit (loss) | 9901 | €50,237 | €71,319 | +€21,082 | +42.0% |
| Financial charges | 65/66B | €334 | €102 | -€232 | -69.5% |
| Recurring financial charges | 65 | €331 | €93 | -€239 | -72.0% |
| Non-recurring financial charges | 66B | €3 | €9 | +€6 | +207% |
| Profit (loss) for the period before taxes | 9903 | €49,902 | €71,217 | +€21,314 | +42.7% |
| Income taxes | 67/77 | €13,700 | €19,025 | +€5,325 | +38.9% |
| Profit (loss) for the period | 9904 | €36,202 | €52,192 | +€15,989 | +44.2% |
| Profit (loss) for the period to be appropriated | 9905 | €36,202 | €52,192 | +€15,989 | +44.2% |
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 28 October 2026 via checked.be.