ARTANI: 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.
ARTANI
Largest movements
- Tangible fixed assets -€19,614
down €19,614 (-42.0%), from €46,645 to €27,031
of which Furniture and vehicles: -€12,707
- Deferred charges and accrued income -€6,330
down €6,330 (-82.6%), from €7,661 to €1,331
- Cash +€6,301
up €6,301 (+16.0%), from €39,345 to €45,645
mainly Depreciation (+€22,605) and Deferred charges and accrued income (+€6,330)
- Debts after one year -€4,869
no longer reported in 2024 (was €4,869)
- Tax, wage and social debts -€3,452
down €3,452 (-26.8%), from €12,857 to €9,405
of which Remuneration and social security: -€3,269
- Turnover +€48,159
up €48,159 (+14.0%), from €344,511 to €392,670
- Gross operating margin +€36,465
up €36,465 (+49.7%), from €73,429 to €109,894
- Staff costs +€32,478
up €32,478 (+58.9%), from €55,187 to €87,665
- Purchases and services +€13,937
up €13,937 (+4.9%), from €283,295 to €297,232
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 | €287,393 | €272,012 | -€15,381 | -5.4% |
| Fixed assets | 21/28 | €46,645 | €27,031 | -€19,614 | -42.0% |
| Tangible fixed assets | 22/27 | €46,645 | €27,031 | -€19,614 | -42.0% |
| Plant, machinery and equipment | 23 | €10,752 | €8,857 | -€1,895 | -17.6% |
| Furniture and vehicles | 24 | €13,800 | €1,093 | -€12,707 | -92.1% |
| Other tangible fixed assets | 26 | €22,093 | €17,081 | -€5,011 | -22.7% |
| Current assets | 29/58 | €240,748 | €244,981 | +€4,232 | +1.8% |
| Amounts receivable after more than one year | 29 | €189,305 | €192,064 | +€2,758 | +1.5% |
| Other amounts receivable | 291 | €189,305 | €192,064 | +€2,758 | +1.5% |
| Stocks and contracts in progress | 3 | €4,438 | €5,941 | +€1,504 | +33.9% |
| Stocks | 30/36 | €4,438 | €5,941 | +€1,504 | +33.9% |
| Cash at bank and in hand | 54/58 | €39,345 | €45,645 | +€6,301 | +16.0% |
| Deferred charges and accrued income | 490/1 | €7,661 | €1,331 | -€6,330 | -82.6% |
| Total equity and liabilities | 10/49 | €287,393 | €272,012 | -€15,381 | -5.4% |
| Equity | 10/15 | €240,896 | €238,169 | -€2,727 | -1.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | - | €18,592 | +€18,592 | |
| Issued capital | 100 | - | €18,592 | +€18,592 | |
| Reserves | 13 | €230,749 | €230,749 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,859 | +€1,859 | |
| Legal reserve | 130 | - | €1,859 | +€1,859 | |
| Tax-exempt reserves | 132 | €17,890 | €17,890 | = | 0.0% |
| Distributable reserves | 133 | €212,859 | €211,000 | -€1,859 | -0.9% |
| Profit (loss) carried forward | 14 | -€8,445 | -€11,173 | -€2,727 | -32.3% |
| Amounts payable | 17/49 | €46,497 | €33,843 | -€12,654 | -27.2% |
| Amounts payable after more than one year | 17 | €4,869 | - | -€4,869 | |
| Financial debts | 170/4 | €4,869 | - | -€4,869 | |
| Amounts payable within one year | 42/48 | €41,628 | €33,843 | -€7,785 | -18.7% |
| Current portion of amounts payable after more than one year | 42 | €7,304 | €4,869 | -€2,435 | -33.3% |
| Trade debts | 44 | €21,280 | €19,569 | -€1,711 | -8.0% |
| Suppliers | 440/4 | €21,280 | €19,569 | -€1,711 | -8.0% |
| Taxes, remuneration and social security | 45 | €12,857 | €9,405 | -€3,452 | -26.8% |
| Taxes | 450/3 | €5,715 | €5,532 | -€183 | -3.2% |
| Remuneration and social security | 454/9 | €7,142 | €3,873 | -€3,269 | -45.8% |
| Other amounts payable | 47/48 | €188 | - | -€188 | |
| Turnover | 70 | €344,511 | €392,670 | +€48,159 | +14.0% |
| Non-recurring operating income | 76A | €12,212 | €14,455 | +€2,243 | +18.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €283,295 | €297,232 | +€13,937 | +4.9% |
| Remuneration, social security and pensions | 62 | €55,187 | €87,665 | +€32,478 | +58.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,031 | €22,605 | -€2,426 | -9.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,354 | -€1,504 | -€150 | -11.1% |
| Other operating charges | 640/8 | €955 | €420 | -€535 | -56.0% |
| Gross operating margin | 9900 | €73,429 | €109,894 | +€36,465 | +49.7% |
| Operating profit (loss) | 9901 | -€6,391 | €707 | +€7,098 | |
| Financial income | 75/76B | €7 | €45 | +€37 | +498.7% |
| Recurring financial income | 75 | €7 | €45 | +€37 | +498.7% |
| Financial charges | 65/66B | €2,174 | €2,552 | +€378 | +17.4% |
| Recurring financial charges | 65 | €2,174 | €2,552 | +€378 | +17.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,557 | -€1,800 | +€6,757 | +79.0% |
| Income taxes | 67/77 | €4,300 | €927 | -€3,373 | -78.4% |
| Profit (loss) for the period | 9904 | -€12,858 | -€2,728 | +€10,130 | +78.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,858 | -€2,728 | +€10,130 | +78.8% |
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 7 October 2026 via checked.be.