TOM ARTS: 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.
TOM ARTS
Largest movements
- Cash +€100,459
up €100,459 (+49.5%), from €202,885 to €303,344
mainly Net result for the year (+€73,170) and Depreciation (+€18,032)
- Tangible fixed assets -€18,032
down €18,032 (-2.9%), from €615,092 to €597,060
of which Land and buildings: -€14,166
- Reserves +€73,170
up €73,170 (+19.7%), from €371,528 to €444,698
- Other debts +€14,511
up €14,511 (+7.0%), from €207,999 to €222,510
- Financial income -€157,858
down €157,858 (-97.3%), from €162,291 to €4,433
of which Non-recurring financial income: -€159,473
- Gross operating margin +€80,785
up €80,785 (+153%), from €52,787 to €133,571
- Depreciation -€8,017
down €8,017 (-30.8%), from €26,049 to €18,032
- Taxes +€7,679
up €7,679 (+36.8%), from €20,889 to €28,568
- Financial charges +€6,499
up €6,499 (+80.8%), from €8,043 to €14,542
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 | €951,642 | €1,030,427 | +€78,785 | +8.3% |
| Fixed assets | 21/28 | €671,092 | €653,061 | -€18,032 | -2.7% |
| Tangible fixed assets | 22/27 | €615,092 | €597,060 | -€18,032 | -2.9% |
| Land and buildings | 22 | €604,968 | €590,802 | -€14,166 | -2.3% |
| Plant, machinery and equipment | 23 | €962 | €383 | -€578 | -60.1% |
| Furniture and vehicles | 24 | €9,162 | €5,875 | -€3,288 | -35.9% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €56,000 | €56,001 | +€1 | 0.0% |
| Current assets | 29/58 | €280,550 | €377,366 | +€96,816 | +34.5% |
| Amounts receivable within one year | 40/41 | €19,360 | €22,083 | +€2,723 | +14.1% |
| Trade receivables | 40 | €19,360 | €22,083 | +€2,723 | +14.1% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €48,434 | €50,107 | +€1,673 | +3.5% |
| Cash at bank and in hand | 54/58 | €202,885 | €303,344 | +€100,459 | +49.5% |
| Deferred charges and accrued income | 490/1 | €9,871 | €1,833 | -€8,038 | -81.4% |
| Total equity and liabilities | 10/49 | €951,642 | €1,030,427 | +€78,785 | +8.3% |
| Equity | 10/15 | €486,628 | €559,798 | +€73,170 | +15.0% |
| Contributions | 10/11 | €115,100 | €115,100 | = | 0.0% |
| Reserves | 13 | €371,528 | €444,698 | +€73,170 | +19.7% |
| Distributable reserves | 133 | €371,528 | €444,698 | +€73,170 | +19.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €465,014 | €470,629 | +€5,615 | +1.2% |
| Amounts payable after more than one year | 17 | €215,671 | €207,621 | -€8,049 | -3.7% |
| Financial debts | 170/4 | €215,671 | €207,621 | -€8,049 | -3.7% |
| Amounts payable within one year | 42/48 | €244,564 | €255,988 | +€11,425 | +4.7% |
| Current portion of amounts payable after more than one year | 42 | €7,946 | €8,049 | +€103 | +1.3% |
| Financial debts | 43 | €3,381 | €0 | -€3,381 | -100% |
| Credit institutions | 430/8 | €3,381 | €0 | -€3,381 | -100% |
| Trade debts | 44 | €8,931 | €1,578 | -€7,354 | -82.3% |
| Suppliers | 440/4 | €8,931 | €1,578 | -€7,354 | -82.3% |
| Taxes, remuneration and social security | 45 | €16,306 | €23,852 | +€7,546 | +46.3% |
| Taxes | 450/3 | €16,306 | €23,852 | +€7,546 | +46.3% |
| Other amounts payable | 47/48 | €207,999 | €222,510 | +€14,511 | +7.0% |
| Accrued charges and deferred income | 492/3 | €4,780 | €7,019 | +€2,240 | +46.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,049 | €18,032 | -€8,017 | -30.8% |
| Other operating charges | 640/8 | €2,541 | €3,693 | +€1,152 | +45.3% |
| Gross operating margin | 9900 | €52,787 | €133,571 | +€80,785 | +153% |
| Operating profit (loss) | 9901 | €24,196 | €111,846 | +€87,650 | +362% |
| Financial income | 75/76B | €162,291 | €4,433 | -€157,858 | -97.3% |
| Recurring financial income | 75 | €2,818 | €4,433 | +€1,615 | +57.3% |
| Non-recurring financial income | 76B | €159,473 | €0 | -€159,473 | -100% |
| Financial charges | 65/66B | €8,043 | €14,542 | +€6,499 | +80.8% |
| Recurring financial charges | 65 | €8,043 | €14,542 | +€6,499 | +80.8% |
| Profit (loss) for the period before taxes | 9903 | €178,444 | €101,737 | -€76,707 | -43.0% |
| Income taxes | 67/77 | €20,889 | €28,568 | +€7,679 | +36.8% |
| Profit (loss) for the period | 9904 | €157,555 | €73,170 | -€84,385 | -53.6% |
| Profit (loss) for the period to be appropriated | 9905 | €157,555 | €73,170 | -€84,385 | -53.6% |
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 14 October 2026 via checked.be.