ARTAVIA: 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.
ARTAVIA
Largest movements
- Cash +€30,638
new in 2025: €30,638
mainly Net result for the year (+€27,763) and Receivables within one year (+€7,656)
- Receivables within one year -€7,656
down €7,656 (-55.4%), from €13,819 to €6,163
of which Trade receivables: -€9,769
- Deferred charges and accrued income -€1,416
down €1,416 (-61.9%), from €2,287 to €871
- Profit (loss) carried forward +€27,763
up €27,763 (+64.9%), from -€42,792 to -€15,029
- Current portion of long-term debt -€9,000
no longer reported in 2025 (was €9,000)
- Tax, wage and social debts +€5,657
up €5,657 (+155%), from €3,642 to €9,298
of which Remuneration and social security: +€8,911
- Other debts -€2,662
down €2,662 (-43.9%), from €6,063 to €3,401
- Staff costs -€26,914
down €26,914 (-40.9%), from €65,803 to €38,889
- Gross operating margin -€9,786
down €9,786 (-12.4%), from €78,739 to €68,954
- Taxes -€2,180
down €2,180 (-52.0%), from €4,191 to €2,011
- Financial charges -€1,153
down €1,153 (-86.3%), from €1,336 to €183
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 | €16,148 | €37,671 | +€21,523 | +133% |
| Fixed assets | 21/28 | €42 | - | -€42 | |
| Tangible fixed assets | 22/27 | €42 | - | -€42 | |
| Plant, machinery and equipment | 23 | €42 | - | -€42 | |
| Current assets | 29/58 | €16,105 | €37,671 | +€21,566 | +134% |
| Amounts receivable within one year | 40/41 | €13,819 | €6,163 | -€7,656 | -55.4% |
| Trade receivables | 40 | €13,721 | €3,952 | -€9,769 | -71.2% |
| Other amounts receivable | 41 | €97 | €2,210 | +€2,113 | +2,171% |
| Cash at bank and in hand | 54/58 | - | €30,638 | +€30,638 | |
| Deferred charges and accrued income | 490/1 | €2,287 | €871 | -€1,416 | -61.9% |
| Total equity and liabilities | 10/49 | €16,148 | €37,671 | +€21,523 | +133% |
| Equity | 10/15 | -€22,332 | €5,431 | +€27,763 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,792 | -€15,029 | +€27,763 | +64.9% |
| Amounts payable | 17/49 | €38,480 | €32,240 | -€6,240 | -16.2% |
| Amounts payable within one year | 42/48 | €37,848 | €31,416 | -€6,432 | -17.0% |
| Current portion of amounts payable after more than one year | 42 | €9,000 | - | -€9,000 | |
| Financial debts | 43 | €150 | - | -€150 | |
| Credit institutions | 430/8 | €150 | - | -€150 | |
| Trade debts | 44 | €18,943 | €18,667 | -€277 | -1.5% |
| Suppliers | 440/4 | €18,943 | €18,667 | -€277 | -1.5% |
| Advances received on contracts in progress | 46 | €50 | €50 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €3,642 | €9,298 | +€5,657 | +155% |
| Taxes | 450/3 | €3,255 | - | -€3,255 | |
| Remuneration and social security | 454/9 | €387 | €9,298 | +€8,911 | +2,302% |
| Other amounts payable | 47/48 | €6,063 | €3,401 | -€2,662 | -43.9% |
| Accrued charges and deferred income | 492/3 | €632 | €824 | +€192 | +30.4% |
| Remuneration, social security and pensions | 62 | €65,803 | €38,889 | -€26,914 | -40.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €177 | €42 | -€135 | -76.2% |
| Other operating charges | 640/8 | €582 | €66 | -€516 | -88.7% |
| Non-recurring operating charges | 66A | €2,392 | - | -€2,392 | |
| Gross operating margin | 9900 | €78,739 | €68,954 | -€9,786 | -12.4% |
| Operating profit (loss) | 9901 | €9,785 | €29,957 | +€20,172 | +206% |
| Financial income | 75/76B | €0 | €0 | +€0 | +200% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +200% |
| Financial charges | 65/66B | €1,336 | €183 | -€1,153 | -86.3% |
| Recurring financial charges | 65 | €1,336 | €183 | -€1,153 | -86.3% |
| Profit (loss) for the period before taxes | 9903 | €8,450 | €29,774 | +€21,324 | +252% |
| Income taxes | 67/77 | €4,191 | €2,011 | -€2,180 | -52.0% |
| Profit (loss) for the period | 9904 | €4,259 | €27,763 | +€23,504 | +552% |
| Profit (loss) for the period to be appropriated | 9905 | €4,259 | €27,763 | +€23,504 | +552% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.