Arteba Infra: 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.
Arteba Infra
Largest movements
- Receivables within one year +€148,318
up €148,318 (+1,785%), from €8,310 to €156,628
of which Other amounts receivable: +€92,387
- Stocks and contracts +€56,734
up €56,734 (+447%), from €12,700 to €69,434
- Reserves +€449,686
up €449,686 (+79.3%), from €566,859 to €1.0m
- Debts after one year -€200,000
down €200,000 (-19.0%), from €1.1m to €850,000
- Other debts -€53,513
down €53,513 (-45.2%), from €118,475 to €64,962
- Financial income +€305,000
up €305,000 (+156%), from €195,000 to €500,000
- Gross operating margin +€15,852
up €15,852, from -€14,569 to €1,283
- Financial charges -€5,918
down €5,918 (-13.4%), from €44,104 to €38,186
- Other operating charges +€1,336
up €1,336 (+11.1%), from €12,075 to €13,411
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 | €1,986,910 | €2,184,728 | +€197,818 | +10.0% |
| Fixed assets | 21/28 | €1,950,000 | €1,950,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,950,000 | €1,950,000 | = | 0.0% |
| Current assets | 29/58 | €36,910 | €234,728 | +€197,818 | +536% |
| Stocks and contracts in progress | 3 | €12,700 | €69,434 | +€56,734 | +447% |
| Stocks | 30/36 | €12,700 | €69,434 | +€56,734 | +447% |
| Amounts receivable within one year | 40/41 | €8,310 | €156,628 | +€148,318 | +1,785% |
| Trade receivables | 40 | €697 | €56,628 | +€55,931 | +8,027% |
| Other amounts receivable | 41 | €7,613 | €100,000 | +€92,387 | +1,213% |
| Cash at bank and in hand | 54/58 | €15,900 | €8,666 | -€7,234 | -45.5% |
| Total equity and liabilities | 10/49 | €1,986,910 | €2,184,728 | +€197,818 | +10.0% |
| Equity | 10/15 | €616,859 | €1,066,545 | +€449,686 | +72.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €566,859 | €1,016,545 | +€449,686 | +79.3% |
| Distributable reserves | 133 | €566,859 | €1,016,545 | +€449,686 | +79.3% |
| Amounts payable | 17/49 | €1,370,051 | €1,118,183 | -€251,868 | -18.4% |
| Amounts payable after more than one year | 17 | €1,050,000 | €850,000 | -€200,000 | -19.0% |
| Financial debts | 170/4 | €1,050,000 | €850,000 | -€200,000 | -19.0% |
| Amounts payable within one year | 42/48 | €318,475 | €266,607 | -€51,868 | -16.3% |
| Current portion of amounts payable after more than one year | 42 | €200,000 | €200,000 | = | 0.0% |
| Trade debts | 44 | - | €1,646 | +€1,646 | |
| Suppliers | 440/4 | - | €1,646 | +€1,646 | |
| Other amounts payable | 47/48 | €118,475 | €64,962 | -€53,513 | -45.2% |
| Accrued charges and deferred income | 492/3 | €1,576 | €1,576 | = | 0.0% |
| Other operating charges | 640/8 | €12,075 | €13,411 | +€1,336 | +11.1% |
| Gross operating margin | 9900 | -€14,569 | €1,283 | +€15,852 | |
| Operating profit (loss) | 9901 | -€26,644 | -€12,128 | +€14,516 | +54.5% |
| Financial income | 75/76B | €195,000 | €500,000 | +€305,000 | +156% |
| Recurring financial income | 75 | €195,000 | €500,000 | +€305,000 | +156% |
| Financial charges | 65/66B | €44,104 | €38,186 | -€5,918 | -13.4% |
| Recurring financial charges | 65 | €44,104 | €38,186 | -€5,918 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | €124,252 | €449,686 | +€325,434 | +262% |
| Profit (loss) for the period | 9904 | €124,252 | €449,686 | +€325,434 | +262% |
| Profit (loss) for the period to be appropriated | 9905 | €124,252 | €449,686 | +€325,434 | +262% |
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 25 October 2026 via checked.be.