ARTAMIS RETAIL: 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.
ARTAMIS RETAIL
Largest movements
- Tangible fixed assets -€23,292
down €23,292 (-4.1%), from €571,547 to €548,256
- Cash -€16,972
down €16,972 (-43.8%), from €38,711 to €21,739
mainly Debts after one year (-€58,653) and Other debts (-€28,187)
- Debts after one year -€58,653
down €58,653 (-30.7%), from €190,955 to €132,301
- Reserves +€28,605
up €28,605 (+12.3%), from €231,744 to €260,349
- Other debts -€28,187
down €28,187 (-15.9%), from €177,124 to €148,937
- Tax, wage and social debts +€10,773
up €10,773 (+39,766%), from €27 to €10,800
- Gross operating margin -€135,779
down €135,779 (-60.0%), from €226,206 to €90,427
- Taxes -€28,255
down €28,255 (-72.3%), from €39,055 to €10,800
- Financial charges -€14,383
down €14,383 (-45.5%), from €31,629 to €17,246
- Other operating charges -€4,587
down €4,587 (-27.5%), from €16,654 to €12,067
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 | €724,816 | €682,748 | -€42,068 | -5.8% |
| Fixed assets | 21/28 | €636,526 | €617,943 | -€18,583 | -2.9% |
| Tangible fixed assets | 22/27 | €571,547 | €548,256 | -€23,292 | -4.1% |
| Land and buildings | 22 | €571,547 | €548,256 | -€23,292 | -4.1% |
| Financial fixed assets | 28 | €64,979 | €69,687 | +€4,708 | +7.2% |
| Current assets | 29/58 | €88,289 | €64,805 | -€23,484 | -26.6% |
| Amounts receivable within one year | 40/41 | €46,684 | €39,753 | -€6,931 | -14.8% |
| Other amounts receivable | 41 | €46,684 | €39,753 | -€6,931 | -14.8% |
| Cash at bank and in hand | 54/58 | €38,711 | €21,739 | -€16,972 | -43.8% |
| Deferred charges and accrued income | 490/1 | €2,895 | €3,313 | +€419 | +14.5% |
| Total equity and liabilities | 10/49 | €724,816 | €682,748 | -€42,068 | -5.8% |
| Equity | 10/15 | €287,944 | €316,549 | +€28,605 | +9.9% |
| Contributions | 10/11 | €56,200 | €56,200 | = | 0.0% |
| Reserves | 13 | €231,744 | €260,349 | +€28,605 | +12.3% |
| Distributable reserves | 133 | €231,744 | €260,349 | +€28,605 | +12.3% |
| Amounts payable | 17/49 | €436,871 | €366,199 | -€70,673 | -16.2% |
| Amounts payable after more than one year | 17 | €190,955 | €132,301 | -€58,653 | -30.7% |
| Financial debts | 170/4 | €190,955 | €132,301 | -€58,653 | -30.7% |
| Amounts payable within one year | 42/48 | €245,257 | €229,412 | -€15,845 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €58,431 | €58,653 | +€222 | +0.4% |
| Financial debts | 43 | €4,469 | €4,383 | -€86 | -1.9% |
| Credit institutions | 430/8 | €4,469 | €4,383 | -€86 | -1.9% |
| Trade debts | 44 | €5,205 | €6,639 | +€1,434 | +27.5% |
| Suppliers | 440/4 | €5,205 | €6,639 | +€1,434 | +27.5% |
| Taxes, remuneration and social security | 45 | €27 | €10,800 | +€10,773 | +39,766% |
| Taxes | 450/3 | €27 | €10,800 | +€10,773 | +39,766% |
| Other amounts payable | 47/48 | €177,124 | €148,937 | -€28,187 | -15.9% |
| Accrued charges and deferred income | 492/3 | €660 | €4,485 | +€3,825 | +580% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,990 | €23,292 | +€301 | +1.3% |
| Other operating charges | 640/8 | €16,654 | €12,067 | -€4,587 | -27.5% |
| Gross operating margin | 9900 | €226,206 | €90,427 | -€135,779 | -60.0% |
| Operating profit (loss) | 9901 | €186,562 | €55,068 | -€131,494 | -70.5% |
| Financial income | 75/76B | €70 | €1,583 | +€1,513 | +2,161% |
| Recurring financial income | 75 | €70 | €1,583 | +€1,513 | +2,161% |
| Financial charges | 65/66B | €31,629 | €17,246 | -€14,383 | -45.5% |
| Recurring financial charges | 65 | €31,629 | €17,246 | -€14,383 | -45.5% |
| Profit (loss) for the period before taxes | 9903 | €155,003 | €39,405 | -€115,598 | -74.6% |
| Income taxes | 67/77 | €39,055 | €10,800 | -€28,255 | -72.3% |
| Profit (loss) for the period | 9904 | €115,947 | €28,605 | -€87,342 | -75.3% |
| Profit (loss) for the period to be appropriated | 9905 | €115,947 | €28,605 | -€87,342 | -75.3% |
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 29 October 2026 via checked.be.