WORLD ARTS AUCTIONS: 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.
WORLD ARTS AUCTIONS
Largest movements
- Receivables within one year +€17,759
up €17,759 (+15.0%), from €118,365 to €136,124
of which Trade receivables: +€13,410
- Tangible fixed assets +€6,130
up €6,130 (+124%), from €4,933 to €11,063
of which Other tangible fixed assets: +€6,763
- Stocks and contracts -€5,500
down €5,500 (-9.5%), from €58,000 to €52,500
- Deferred charges and accrued income -€2,270
no longer reported in 2025 (was €2,270)
- Profit (loss) carried forward +€46,347
up €46,347 (+98.7%), from -€46,948 to -€602
- Tax, wage and social debts -€20,195
down €20,195 (-73.6%), from €27,443 to €7,248
- Short-term financial debts -€6,190
no longer reported in 2025 (was €6,190)
- Gross operating margin +€91,043
up €91,043, from -€33,977 to €57,066
- Taxes +€6,886
new in 2025: €6,886
- Depreciation +€658
up €658 (+161%), from €408 to €1,067
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 | €183,568 | €201,124 | +€17,556 | +9.6% |
| Fixed assets | 21/28 | €4,933 | €11,063 | +€6,130 | +124% |
| Tangible fixed assets | 22/27 | €4,933 | €11,063 | +€6,130 | +124% |
| Furniture and vehicles | 24 | €1,873 | €1,240 | -€633 | -33.8% |
| Other tangible fixed assets | 26 | €3,060 | €9,823 | +€6,763 | +221% |
| Current assets | 29/58 | €178,635 | €190,061 | +€11,426 | +6.4% |
| Stocks and contracts in progress | 3 | €58,000 | €52,500 | -€5,500 | -9.5% |
| Stocks | 30/36 | €58,000 | €52,500 | -€5,500 | -9.5% |
| Amounts receivable within one year | 40/41 | €118,365 | €136,124 | +€17,759 | +15.0% |
| Trade receivables | 40 | €1,643 | €15,053 | +€13,410 | +816% |
| Other amounts receivable | 41 | €116,722 | €121,071 | +€4,349 | +3.7% |
| Cash at bank and in hand | 54/58 | - | €1,438 | +€1,438 | |
| Deferred charges and accrued income | 490/1 | €2,270 | - | -€2,270 | |
| Total equity and liabilities | 10/49 | €183,568 | €201,124 | +€17,556 | +9.6% |
| Equity | 10/15 | €88,026 | €134,372 | +€46,347 | +52.7% |
| Contributions | 10/11 | €17,500 | €17,500 | = | 0.0% |
| Contributions outside capital | 11 | €17,500 | €17,500 | = | 0.0% |
| Other | 1109/19 | €17,500 | €17,500 | = | 0.0% |
| Reserves | 13 | €117,474 | €117,474 | = | 0.0% |
| Distributable reserves | 133 | €117,474 | €117,474 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,948 | -€602 | +€46,347 | +98.7% |
| Amounts payable | 17/49 | €95,542 | €66,752 | -€28,790 | -30.1% |
| Amounts payable within one year | 42/48 | €94,942 | €66,752 | -€28,190 | -29.7% |
| Financial debts | 43 | €6,190 | - | -€6,190 | |
| Credit institutions | 430/8 | €6,190 | - | -€6,190 | |
| Trade debts | 44 | €61,309 | €59,504 | -€1,805 | -2.9% |
| Suppliers | 440/4 | €61,309 | €59,504 | -€1,805 | -2.9% |
| Taxes, remuneration and social security | 45 | €27,443 | €7,248 | -€20,195 | -73.6% |
| Taxes | 450/3 | €27,443 | €7,248 | -€20,195 | -73.6% |
| Accrued charges and deferred income | 492/3 | €600 | - | -€600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €408 | €1,067 | +€658 | +161% |
| Other operating charges | 640/8 | €880 | €534 | -€346 | -39.3% |
| Gross operating margin | 9900 | -€33,977 | €57,066 | +€91,043 | |
| Operating profit (loss) | 9901 | -€35,266 | €55,465 | +€90,731 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,028 | €2,233 | +€205 | +10.1% |
| Recurring financial charges | 65 | €2,028 | €2,233 | +€205 | +10.1% |
| Profit (loss) for the period before taxes | 9903 | -€37,294 | €53,233 | +€90,526 | |
| Income taxes | 67/77 | - | €6,886 | +€6,886 | |
| Profit (loss) for the period | 9904 | -€37,294 | €46,347 | +€83,640 | |
| Profit (loss) for the period to be appropriated | 9905 | -€37,294 | €46,347 | +€83,640 |
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 25 October 2026 via checked.be.