ARTA BUILDING: 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.
ARTA BUILDING
Largest movements
- Stocks and contracts -€1.4m
down €1.4m (-87.5%), from €1.6m to €194,109
- Cash +€380,671
up €380,671 (+1705.2%), from €22,324 to €402,995
mainly Stocks and contracts (+€1.4m) and Net result for the year (+€200,583)
- Receivables within one year +€61,477
up €61,477 (+83.1%), from €74,000 to €135,477
of which Other amounts receivable: +€66,003
- Other debts -€435,000
down €435,000 (-65.9%), from €660,000 to €225,000
- Short-term financial debts -€331,061
down €331,061 (-96.4%), from €343,350 to €12,289
- Trade debts -€223,127
down €223,127 (-72.4%), from €308,174 to €85,047
- Reserves +€75,583
up €75,583 (+34.6%), from €218,245 to €293,828
- Gross operating margin +€69,534
up €69,534 (+39.0%), from €178,106 to €247,640
- Financial charges -€42,906
down €42,906 (-70.7%), from €60,687 to €17,781
- Other operating charges -€3,347
down €3,347 (-57.1%), from €5,859 to €2,511
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.
Cash bridge derived
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 | €1,655,290 | €735,210 | -€920,080 | -55.6% |
| Fixed assets | 21/28 | €2,500 | €2,500 | = | 0.0% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €1,652,790 | €732,710 | -€920,080 | -55.7% |
| Stocks and contracts in progress | 3 | €1,556,337 | €194,109 | -€1.4m | -87.5% |
| Stocks | 30/36 | €1,556,337 | €194,109 | -€1.4m | -87.5% |
| Amounts receivable within one year | 40/41 | €74,000 | €135,477 | +€61,477 | +83.1% |
| Trade receivables | 40 | €4,526 | - | -€4,526 | |
| Other amounts receivable | 41 | €69,475 | €135,477 | +€66,003 | +95.0% |
| Cash at bank and in hand | 54/58 | €22,324 | €402,995 | +€380,671 | +1705.2% |
| Deferred charges and accrued income | 490/1 | €128 | €128 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,655,290 | €735,210 | -€920,080 | -55.6% |
| Equity | 10/15 | €318,245 | €393,828 | +€75,583 | +23.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €218,245 | €293,828 | +€75,583 | +34.6% |
| Distributable reserves | 133 | €218,245 | €293,828 | +€75,583 | +34.6% |
| Amounts payable | 17/49 | €1,337,045 | €341,381 | -€995,664 | -74.5% |
| Amounts payable within one year | 42/48 | €1,323,133 | €332,098 | -€991,035 | -74.9% |
| Financial debts | 43 | €343,350 | €12,289 | -€331,061 | -96.4% |
| Credit institutions | 430/8 | €343,350 | €12,289 | -€331,061 | -96.4% |
| Trade debts | 44 | €308,174 | €85,047 | -€223,127 | -72.4% |
| Suppliers | 440/4 | €308,174 | €85,047 | -€223,127 | -72.4% |
| Taxes, remuneration and social security | 45 | €11,609 | €9,762 | -€1,847 | -15.9% |
| Taxes | 450/3 | €11,609 | €9,762 | -€1,847 | -15.9% |
| Other amounts payable | 47/48 | €660,000 | €225,000 | -€435,000 | -65.9% |
| Accrued charges and deferred income | 492/3 | €13,912 | €9,283 | -€4,629 | -33.3% |
| Other operating charges | 640/8 | €5,859 | €2,511 | -€3,347 | -57.1% |
| Gross operating margin | 9900 | €178,106 | €247,640 | +€69,534 | +39.0% |
| Operating profit (loss) | 9901 | €172,247 | €245,129 | +€72,882 | +42.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €60,687 | €17,781 | -€42,906 | -70.7% |
| Recurring financial charges | 65 | €60,687 | €17,781 | -€42,906 | -70.7% |
| Profit (loss) for the period before taxes | 9903 | €111,560 | €227,348 | +€115,787 | +103.8% |
| Income taxes | 67/77 | €28,610 | €26,764 | -€1,845 | -6.5% |
| Profit (loss) for the period | 9904 | €82,950 | €200,583 | +€117,633 | +141.8% |
| Profit (loss) for the period to be appropriated | 9905 | €82,950 | €200,583 | +€117,633 | +141.8% |
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 10 October 2026 via checked.be.