ARTA: what changed
Two fiscal 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.
ARTA
Largest movements
- Tangible fixed assets -€806
down €806 (-51.9%), from €1,553 to €747
- Formation expenses +€790
new in 2024: €790
- Cash +€782
up €782 (+47.3%), from €1,655 to €2,437
mainly Other debts (+€8,600) and Receivables within one year (+€87)
- Receivables within one year -€87
down €87 (-7.2%), from €1,202 to €1,115
- Other debts +€8,600
up €8,600 (+170.3%), from €5,049 to €13,649
- Profit (loss) carried forward -€7,920
down €7,920 (-115.8%), from -€6,840 to -€14,759
- Gross operating margin -€5,702
down €5,702 (-600.2%), from -€950 to -€6,652
- Purchases and services -€950
no longer reported in 2024 (was €950)
- Other operating charges +€299
new in 2024: €299
- Depreciation -€157
no longer reported in 2024 (was €157)
- Financial charges +€99
up €99 (+155.9%), from €64 to €163
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,409 | €5,090 | +€680 | +15.4% |
| Formation expenses | 20 | - | €790 | +€790 | |
| Fixed assets | 21/28 | €1,553 | €747 | -€806 | -51.9% |
| Tangible fixed assets | 22/27 | €1,553 | €747 | -€806 | -51.9% |
| Furniture and vehicles | 24 | €1,553 | €747 | -€806 | -51.9% |
| Current assets | 29/58 | €2,857 | €3,552 | +€696 | +24.4% |
| Amounts receivable within one year | 40/41 | €1,202 | €1,115 | -€87 | -7.2% |
| Other amounts receivable | 41 | €1,202 | €1,115 | -€87 | -7.2% |
| Cash at bank and in hand | 54/58 | €1,655 | €2,437 | +€782 | +47.3% |
| Total equity and liabilities | 10/49 | €4,409 | €5,090 | +€680 | +15.4% |
| Equity | 10/15 | -€640 | -€8,559 | -€7,920 | -1237.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,840 | -€14,759 | -€7,920 | -115.8% |
| Amounts payable | 17/49 | €5,049 | €13,649 | +€8,600 | +170.3% |
| Amounts payable within one year | 42/48 | €5,049 | €13,649 | +€8,600 | +170.3% |
| Other amounts payable | 47/48 | €5,049 | €13,649 | +€8,600 | +170.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €950 | - | -€950 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €157 | - | -€157 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €711 | €806 | +€95 | +13.3% |
| Other operating charges | 640/8 | - | €299 | +€299 | |
| Gross operating margin | 9900 | -€950 | -€6,652 | -€5,702 | -600.2% |
| Operating profit (loss) | 9901 | -€1,818 | -€7,756 | -€5,938 | -326.7% |
| Financial charges | 65/66B | €64 | €163 | +€99 | +155.9% |
| Recurring financial charges | 65 | €64 | €163 | +€99 | +155.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,882 | -€7,920 | -€6,038 | -320.9% |
| Profit (loss) for the period | 9904 | -€1,882 | -€7,920 | -€6,038 | -320.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,882 | -€7,920 | -€6,038 | -320.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.