ARTCADIA DESIGN: 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.
ARTCADIA DESIGN
Largest movements
- Receivables within one year +€28,982
up €28,982 (+66.0%), from €43,935 to €72,918
of which Trade receivables: +€35,284
- Tangible fixed assets +€13,141
up €13,141 (+60.3%), from €21,808 to €34,949
of which Furniture and vehicles: +€18,880
- Stocks and contracts -€11,445
no longer reported in 2025 (was €11,445)
- Cash +€5,433
up €5,433 (+247%), from €2,204 to €7,637
mainly Debts after one year (+€23,000) and Stocks and contracts (+€11,445)
- Debts after one year +€23,000
new in 2025: €23,000
- Current portion of long-term debt +€7,887
new in 2025: €7,887
- Trade debts +€7,491
up €7,491 (+163%), from €4,592 to €12,083
- Tax, wage and social debts -€7,356
down €7,356 (-85.7%), from €8,584 to €1,228
- Profit (loss) carried forward +€6,873
up €6,873 (+19.3%), from -€35,599 to -€28,726
- Gross operating margin +€7,899
up €7,899 (+87.8%), from €8,999 to €16,897
- Depreciation +€961
up €961 (+12.5%), from €7,710 to €8,671
- Financial income -€836
down €836 (-56.4%), from €1,480 to €645
- Financial charges -€175
down €175 (-18.1%), from €964 to €789
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 | €81,359 | €116,609 | +€35,250 | +43.3% |
| Fixed assets | 21/28 | €22,914 | €36,055 | +€13,141 | +57.3% |
| Tangible fixed assets | 22/27 | €21,808 | €34,949 | +€13,141 | +60.3% |
| Plant, machinery and equipment | 23 | €4,704 | €2,264 | -€2,439 | -51.9% |
| Furniture and vehicles | 24 | €5,108 | €23,988 | +€18,880 | +370% |
| Other tangible fixed assets | 26 | €11,997 | €8,697 | -€3,300 | -27.5% |
| Financial fixed assets | 28 | €1,106 | €1,106 | = | 0.0% |
| Current assets | 29/58 | €58,445 | €80,554 | +€22,110 | +37.8% |
| Stocks and contracts in progress | 3 | €11,445 | - | -€11,445 | |
| Stocks | 30/36 | €11,445 | - | -€11,445 | |
| Amounts receivable within one year | 40/41 | €43,935 | €72,918 | +€28,982 | +66.0% |
| Trade receivables | 40 | €25,332 | €60,616 | +€35,284 | +139% |
| Other amounts receivable | 41 | €18,604 | €12,302 | -€6,302 | -33.9% |
| Cash at bank and in hand | 54/58 | €2,204 | €7,637 | +€5,433 | +247% |
| Deferred charges and accrued income | 490/1 | €861 | - | -€861 | |
| Total equity and liabilities | 10/49 | €81,359 | €116,609 | +€35,250 | +43.3% |
| Equity | 10/15 | €65,538 | €72,411 | +€6,873 | +10.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €1,138 | €1,138 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,138 | €1,138 | = | 0.0% |
| Legal reserve | 130 | €1,138 | €1,138 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,599 | -€28,726 | +€6,873 | +19.3% |
| Amounts payable | 17/49 | €15,820 | €44,198 | +€28,377 | +179% |
| Amounts payable after more than one year | 17 | - | €23,000 | +€23,000 | |
| Financial debts | 170/4 | - | €23,000 | +€23,000 | |
| Amounts payable within one year | 42/48 | €15,820 | €21,198 | +€5,378 | +34.0% |
| Current portion of amounts payable after more than one year | 42 | - | €7,887 | +€7,887 | |
| Trade debts | 44 | €4,592 | €12,083 | +€7,491 | +163% |
| Suppliers | 440/4 | €4,592 | €12,083 | +€7,491 | +163% |
| Taxes, remuneration and social security | 45 | €8,584 | €1,228 | -€7,356 | -85.7% |
| Taxes | 450/3 | €8,584 | €1,228 | -€7,356 | -85.7% |
| Other amounts payable | 47/48 | €2,644 | - | -€2,644 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,710 | €8,671 | +€961 | +12.5% |
| Other operating charges | 640/8 | €1,032 | €1,068 | +€36 | +3.5% |
| Gross operating margin | 9900 | €8,999 | €16,897 | +€7,899 | +87.8% |
| Operating profit (loss) | 9901 | €257 | €7,158 | +€6,902 | +2,687% |
| Financial income | 75/76B | €1,480 | €645 | -€836 | -56.4% |
| Recurring financial income | 75 | €1,480 | €645 | -€836 | -56.4% |
| Financial charges | 65/66B | €964 | €789 | -€175 | -18.1% |
| Recurring financial charges | 65 | €964 | €789 | -€175 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €773 | €7,014 | +€6,241 | +807% |
| Income taxes | 67/77 | €189 | €141 | -€48 | -25.6% |
| Profit (loss) for the period | 9904 | €584 | €6,873 | +€6,289 | +1,077% |
| Profit (loss) for the period to be appropriated | 9905 | €584 | €6,873 | +€6,289 | +1,077% |
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 15 October 2026 via checked.be.