Art'n Pepper: 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.
Art'n Pepper
Largest movements
- Receivables within one year -€44,434
down €44,434 (-64.9%), from €68,418 to €23,984
of which Trade receivables: -€44,475
- Cash +€6,774
up €6,774 (+82.9%), from €8,171 to €14,944
mainly Net result for the year (+€47,013) and Receivables within one year (+€44,434)
- Tangible fixed assets +€6,671
up €6,671 (+1.5%), from €444,466 to €451,137
of which Plant, machinery and equipment: +€21,124
- Trade debts -€52,092
down €52,092 (-66.6%), from €78,264 to €26,172
- Profit (loss) carried forward +€47,013
up €47,013 (+205%), from €22,964 to €69,976
- Debts after one year -€14,967
down €14,967 (-7.8%), from €191,448 to €176,481
- Other debts -€14,082
down €14,082 (-7.0%), from €200,758 to €186,676
- Tax, wage and social debts +€6,125
up €6,125 (+96.2%), from €6,367 to €12,492
- Gross operating margin +€88,240
up €88,240 (+713%), from €12,371 to €100,611
- Taxes +€15,448
new in 2025: €15,448
- Financial charges +€4,908
up €4,908 (+151%), from €3,254 to €8,162
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 | €521,055 | €490,066 | -€30,989 | -5.9% |
| Fixed assets | 21/28 | €444,466 | €451,137 | +€6,671 | +1.5% |
| Tangible fixed assets | 22/27 | €444,466 | €451,137 | +€6,671 | +1.5% |
| Land and buildings | 22 | €382,396 | €366,134 | -€16,262 | -4.3% |
| Plant, machinery and equipment | 23 | €7,259 | €28,383 | +€21,124 | +291% |
| Furniture and vehicles | 24 | €18,237 | €25,344 | +€7,107 | +39.0% |
| Other tangible fixed assets | 26 | €36,575 | €31,277 | -€5,298 | -14.5% |
| Current assets | 29/58 | €76,589 | €38,929 | -€37,660 | -49.2% |
| Amounts receivable within one year | 40/41 | €68,418 | €23,984 | -€44,434 | -64.9% |
| Trade receivables | 40 | €66,596 | €22,121 | -€44,475 | -66.8% |
| Other amounts receivable | 41 | €1,822 | €1,863 | +€42 | +2.3% |
| Cash at bank and in hand | 54/58 | €8,171 | €14,944 | +€6,774 | +82.9% |
| Total equity and liabilities | 10/49 | €521,055 | €490,066 | -€30,989 | -5.9% |
| Equity | 10/15 | €27,964 | €74,976 | +€47,013 | +168% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,964 | €69,976 | +€47,013 | +205% |
| Amounts payable | 17/49 | €493,091 | €415,090 | -€78,002 | -15.8% |
| Amounts payable after more than one year | 17 | €191,448 | €176,481 | -€14,967 | -7.8% |
| Financial debts | 170/4 | €191,448 | €176,481 | -€14,967 | -7.8% |
| Amounts payable within one year | 42/48 | €301,644 | €238,609 | -€63,035 | -20.9% |
| Current portion of amounts payable after more than one year | 42 | €16,255 | €13,269 | -€2,986 | -18.4% |
| Trade debts | 44 | €78,264 | €26,172 | -€52,092 | -66.6% |
| Suppliers | 440/4 | €78,264 | €26,172 | -€52,092 | -66.6% |
| Taxes, remuneration and social security | 45 | €6,367 | €12,492 | +€6,125 | +96.2% |
| Taxes | 450/3 | €6,367 | €12,492 | +€6,125 | +96.2% |
| Other amounts payable | 47/48 | €200,758 | €186,676 | -€14,082 | -7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,378 | €26,728 | +€349 | +1.3% |
| Other operating charges | 640/8 | €3,884 | €3,592 | -€292 | -7.5% |
| Non-recurring operating charges | 66A | €1,827 | €0 | -€1,827 | -100% |
| Gross operating margin | 9900 | €12,371 | €100,611 | +€88,240 | +713% |
| Operating profit (loss) | 9901 | -€19,719 | €70,291 | +€90,010 | |
| Financial income | 75/76B | €76 | €332 | +€256 | +336% |
| Recurring financial income | 75 | €76 | €332 | +€256 | +336% |
| Financial charges | 65/66B | €3,254 | €8,162 | +€4,908 | +151% |
| Recurring financial charges | 65 | €3,254 | €8,162 | +€4,908 | +151% |
| Profit (loss) for the period before taxes | 9903 | -€22,897 | €62,460 | +€85,357 | |
| Income taxes | 67/77 | - | €15,448 | +€15,448 | |
| Profit (loss) for the period | 9904 | -€22,897 | €47,013 | +€69,910 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,897 | €47,013 | +€69,910 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.