ARTCHER: 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.
ARTCHER
Largest movements
- Tangible fixed assets -€4,627
down €4,627 (-19.7%), from €23,452 to €18,825
of which Furniture and vehicles: -€4,029
- Cash -€437
down €437 (-39.3%), from €1,111 to €674
mainly Net result for the year (-€12,549) and Investment in fixed assets (net) (-€676)
- Profit (loss) carried forward -€12,549
down €12,549 (-160.9%), from -€7,798 to -€20,347
- Other debts +€7,776
up €7,776 (+22.9%), from €33,963 to €41,739
- Trade debts -€655
down €655 (-62.3%), from €1,051 to €396
- Depreciation +€3,439
up €3,439 (+184.5%), from €1,864 to €5,303
- Gross operating margin -€850
down €850 (-14.8%), from -€5,751 to -€6,600
- Other operating charges +€352
up €352 (+370.9%), from €95 to €446
- Taxes +€87
up €87 (+210.8%), from €41 to €128
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 | €30,258 | €24,958 | -€5,300 | -17.5% |
| Fixed assets | 21/28 | €27,202 | €22,575 | -€4,627 | -17.0% |
| Tangible fixed assets | 22/27 | €23,452 | €18,825 | -€4,627 | -19.7% |
| Plant, machinery and equipment | 23 | €2,653 | €2,054 | -€598 | -22.6% |
| Furniture and vehicles | 24 | €20,800 | €16,771 | -€4,029 | -19.4% |
| Financial fixed assets | 28 | €3,750 | €3,750 | = | 0.0% |
| Current assets | 29/58 | €3,055 | €2,383 | -€673 | -22.0% |
| Amounts receivable within one year | 40/41 | €397 | €251 | -€146 | -36.8% |
| Trade receivables | 40 | - | €230 | +€230 | |
| Other amounts receivable | 41 | €397 | €21 | -€376 | -94.6% |
| Cash at bank and in hand | 54/58 | €1,111 | €674 | -€437 | -39.3% |
| Deferred charges and accrued income | 490/1 | €1,547 | €1,457 | -€90 | -5.8% |
| Total equity and liabilities | 10/49 | €30,258 | €24,958 | -€5,300 | -17.5% |
| Equity | 10/15 | -€4,798 | -€17,347 | -€12,549 | -261.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,798 | -€20,347 | -€12,549 | -160.9% |
| Amounts payable | 17/49 | €35,056 | €42,304 | +€7,249 | +20.7% |
| Amounts payable within one year | 42/48 | €35,056 | €42,304 | +€7,249 | +20.7% |
| Trade debts | 44 | €1,051 | €396 | -€655 | -62.3% |
| Suppliers | 440/4 | €1,051 | €396 | -€655 | -62.3% |
| Taxes, remuneration and social security | 45 | €41 | €169 | +€128 | +310.8% |
| Taxes | 450/3 | €41 | €169 | +€128 | +310.8% |
| Other amounts payable | 47/48 | €33,963 | €41,739 | +€7,776 | +22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,864 | €5,303 | +€3,439 | +184.5% |
| Other operating charges | 640/8 | €95 | €446 | +€352 | +370.9% |
| Gross operating margin | 9900 | -€5,751 | -€6,600 | -€850 | -14.8% |
| Operating profit (loss) | 9901 | -€7,710 | -€12,350 | -€4,640 | -60.2% |
| Financial charges | 65/66B | €47 | €71 | +€24 | +51.5% |
| Recurring financial charges | 65 | €47 | €71 | +€24 | +51.5% |
| Profit (loss) for the period before taxes | 9903 | -€7,757 | -€12,421 | -€4,664 | -60.1% |
| Income taxes | 67/77 | €41 | €128 | +€87 | +210.8% |
| Profit (loss) for the period | 9904 | -€7,798 | -€12,549 | -€4,751 | -60.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,798 | -€12,549 | -€4,751 | -60.9% |
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 30 September 2026 via checked.be.