ARTE CONSTRUCT: 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.
ARTE CONSTRUCT
Largest movements
- Cash +€33,229
up €33,229 (+25861.5%), from €128 to €33,358
mainly Net result for the year (+€104,590) and Tax, wage and social debts (+€10,527)
- Receivables within one year +€14,645
up €14,645 (+638.3%), from €2,295 to €16,940
of which Trade receivables: +€16,940
- Profit (loss) carried forward +€104,590
up €104,590 (+69.1%), from -€151,434 to -€46,844
- Other debts -€66,977
down €66,977 (-66.5%), from €100,772 to €33,795
- Tax, wage and social debts +€10,527
up €10,527 (+373.3%), from €2,820 to €13,347
- Gross operating margin +€107,365
up €107,365, from -€2,346 to €105,020
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.
Cash bridge derived
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 | €2,423 | €50,298 | +€47,875 | +1975.8% |
| Current assets | 29/58 | €2,423 | €50,298 | +€47,875 | +1975.8% |
| Amounts receivable within one year | 40/41 | €2,295 | €16,940 | +€14,645 | +638.3% |
| Trade receivables | 40 | - | €16,940 | +€16,940 | |
| Other amounts receivable | 41 | €2,295 | - | -€2,295 | |
| Cash at bank and in hand | 54/58 | €128 | €33,358 | +€33,229 | +25861.5% |
| Total equity and liabilities | 10/49 | €2,423 | €50,298 | +€47,875 | +1975.8% |
| Equity | 10/15 | -€101,434 | €3,156 | +€104,590 | |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€151,434 | -€46,844 | +€104,590 | +69.1% |
| Amounts payable | 17/49 | €103,857 | €47,142 | -€56,715 | -54.6% |
| Amounts payable within one year | 42/48 | €103,857 | €47,142 | -€56,715 | -54.6% |
| Trade debts | 44 | €265 | - | -€265 | |
| Suppliers | 440/4 | €265 | - | -€265 | |
| Taxes, remuneration and social security | 45 | €2,820 | €13,347 | +€10,527 | +373.3% |
| Taxes | 450/3 | €2,820 | €13,347 | +€10,527 | +373.3% |
| Other amounts payable | 47/48 | €100,772 | €33,795 | -€66,977 | -66.5% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€2,346 | €105,020 | +€107,365 | |
| Operating profit (loss) | 9901 | -€2,733 | €104,620 | +€107,353 | |
| Financial charges | 65/66B | €58 | €30 | -€28 | -48.0% |
| Recurring financial charges | 65 | €58 | €30 | -€28 | -48.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,791 | €104,590 | +€107,381 | |
| Profit (loss) for the period | 9904 | -€2,791 | €104,590 | +€107,381 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,791 | €104,590 | +€107,381 |
Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.