VIA ARTE: 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.
VIA ARTE
Largest movements
- Receivables after one year -€50,000
no longer reported in 2025 (was €50,000)
- Tangible fixed assets +€34,739
up €34,739 (+32.7%), from €106,217 to €140,957
of which Furniture and vehicles: +€43,601
- Receivables within one year -€24,727
down €24,727 (-67.7%), from €36,498 to €11,772
of which Other amounts receivable: -€17,163
- Deferred charges and accrued income -€6,132
down €6,132 (-15.9%), from €38,609 to €32,477
- Cash +€6,032
up €6,032 (+17.1%), from €35,222 to €41,254
mainly Receivables after one year (+€50,000) and Depreciation (+€33,452)
- Reserves -€72,194
down €72,194 (-32.2%), from €224,172 to €151,978
of which Distributable reserves: -€72,194
- Advances received -€24,000
no longer reported in 2025 (was €24,000)
- Debts after one year +€20,875
new in 2025: €20,875
- Profit (loss) carried forward +€16,945
up €16,945, from -€16,400 to €545
- Tax, wage and social debts +€8,111
up €8,111 (+721%), from €1,124 to €9,235
- Gross operating margin +€51,152
up €51,152 (+219%), from €23,349 to €74,500
- Depreciation -€11,934
down €11,934 (-26.3%), from €45,387 to €33,452
- Taxes +€8,335
up €8,335 (+1,658%), from €503 to €8,837
- Other operating charges -€1,538
down €1,538 (-34.0%), from €4,520 to €2,982
- Financial income -€1,288
down €1,288 (-98.6%), from €1,307 to €19
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 | €267,547 | €227,460 | -€40,087 | -15.0% |
| Fixed assets | 21/28 | €107,217 | €141,957 | +€34,739 | +32.4% |
| Tangible fixed assets | 22/27 | €106,217 | €140,957 | +€34,739 | +32.7% |
| Plant, machinery and equipment | 23 | €14,756 | €9,312 | -€5,445 | -36.9% |
| Furniture and vehicles | 24 | €59,187 | €102,788 | +€43,601 | +73.7% |
| Other tangible fixed assets | 26 | €32,274 | €28,857 | -€3,417 | -10.6% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €160,330 | €85,503 | -€74,826 | -46.7% |
| Amounts receivable after more than one year | 29 | €50,000 | - | -€50,000 | |
| Other amounts receivable | 291 | €50,000 | - | -€50,000 | |
| Amounts receivable within one year | 40/41 | €36,498 | €11,772 | -€24,727 | -67.7% |
| Trade receivables | 40 | €12,000 | €4,437 | -€7,563 | -63.0% |
| Other amounts receivable | 41 | €24,498 | €7,335 | -€17,163 | -70.1% |
| Cash at bank and in hand | 54/58 | €35,222 | €41,254 | +€6,032 | +17.1% |
| Deferred charges and accrued income | 490/1 | €38,609 | €32,477 | -€6,132 | -15.9% |
| Total equity and liabilities | 10/49 | €267,547 | €227,460 | -€40,087 | -15.0% |
| Equity | 10/15 | €227,603 | €172,354 | -€55,249 | -24.3% |
| Contributions | 10/11 | €19,831 | €19,831 | = | 0.0% |
| Reserves | 13 | €224,172 | €151,978 | -€72,194 | -32.2% |
| Tax-exempt reserves | 132 | €20,478 | €20,478 | = | 0.0% |
| Distributable reserves | 133 | €203,694 | €131,500 | -€72,194 | -35.4% |
| Profit (loss) carried forward | 14 | -€16,400 | €545 | +€16,945 | |
| Amounts payable | 17/49 | €39,944 | €55,105 | +€15,162 | +38.0% |
| Amounts payable after more than one year | 17 | - | €20,875 | +€20,875 | |
| Financial debts | 170/4 | - | €20,875 | +€20,875 | |
| Amounts payable within one year | 42/48 | €39,944 | €34,230 | -€5,713 | -14.3% |
| Current portion of amounts payable after more than one year | 42 | €10,444 | €11,351 | +€906 | +8.7% |
| Trade debts | 44 | €4,375 | €12,212 | +€7,837 | +179% |
| Suppliers | 440/4 | €4,375 | €12,212 | +€7,837 | +179% |
| Advances received on contracts in progress | 46 | €24,000 | - | -€24,000 | |
| Taxes, remuneration and social security | 45 | €1,124 | €9,235 | +€8,111 | +721% |
| Taxes | 450/3 | €1,124 | €9,235 | +€8,111 | +721% |
| Other amounts payable | 47/48 | - | €1,433 | +€1,433 | |
| Non-recurring operating income | 76A | - | €18,997 | +€18,997 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,387 | €33,452 | -€11,934 | -26.3% |
| Other operating charges | 640/8 | €4,520 | €2,982 | -€1,538 | -34.0% |
| Gross operating margin | 9900 | €23,349 | €74,500 | +€51,152 | +219% |
| Operating profit (loss) | 9901 | -€26,558 | €38,066 | +€64,624 | |
| Financial income | 75/76B | €1,307 | €19 | -€1,288 | -98.6% |
| Recurring financial income | 75 | €1,307 | €19 | -€1,288 | -98.6% |
| Financial charges | 65/66B | €1,210 | €1,302 | +€92 | +7.6% |
| Recurring financial charges | 65 | €1,210 | €1,302 | +€92 | +7.6% |
| Profit (loss) for the period before taxes | 9903 | -€26,461 | €36,782 | +€63,243 | |
| Income taxes | 67/77 | €503 | €8,837 | +€8,335 | +1,658% |
| Profit (loss) for the period | 9904 | -€26,964 | €27,945 | +€54,909 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,964 | €27,945 | +€54,909 |
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 28 October 2026 via checked.be.