Artec - Architecture: 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.
Artec - Architecture
Largest movements
- Cash -€13,619
down €13,619 (-29.9%), from €45,523 to €31,904
mainly Trade debts (-€19,819) and Net result for the year (-€6,493)
- Intangible fixed assets -€10,000
down €10,000 (-39.9%), from €25,041 to €15,041
- Tangible fixed assets -€7,639
down €7,639 (-77.5%), from €9,852 to €2,213
- Receivables within one year -€2,556
down €2,556 (-3.7%), from €68,932 to €66,376
of which Trade receivables: -€4,185
- Trade debts -€19,819
down €19,819 (-85.9%), from €23,082 to €3,263
- Profit (loss) carried forward -€6,493
new in 2025: -€6,493
- Other debts -€5,395
down €5,395 (-13.7%), from €39,461 to €34,066
- Gross operating margin -€65,401
down €65,401 (-82.3%), from €79,421 to €14,020
- Taxes -€16,812
down €16,812 (-98.5%), from €17,072 to €260
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 | €153,150 | €120,029 | -€33,120 | -21.6% |
| Fixed assets | 21/28 | €34,893 | €17,254 | -€17,639 | -50.6% |
| Intangible fixed assets | 21 | €25,041 | €15,041 | -€10,000 | -39.9% |
| Tangible fixed assets | 22/27 | €9,852 | €2,213 | -€7,639 | -77.5% |
| Furniture and vehicles | 24 | €9,852 | €2,213 | -€7,639 | -77.5% |
| Current assets | 29/58 | €118,257 | €102,776 | -€15,481 | -13.1% |
| Amounts receivable within one year | 40/41 | €68,932 | €66,376 | -€2,556 | -3.7% |
| Trade receivables | 40 | €68,932 | €64,747 | -€4,185 | -6.1% |
| Other amounts receivable | 41 | - | €1,629 | +€1,629 | |
| Cash at bank and in hand | 54/58 | €45,523 | €31,904 | -€13,619 | -29.9% |
| Deferred charges and accrued income | 490/1 | €3,802 | €4,496 | +€694 | +18.3% |
| Total equity and liabilities | 10/49 | €153,150 | €120,029 | -€33,120 | -21.6% |
| Equity | 10/15 | €76,972 | €70,479 | -€6,493 | -8.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €58,372 | €58,372 | = | 0.0% |
| Distributable reserves | 133 | €58,372 | €58,372 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€6,493 | -€6,493 | |
| Amounts payable | 17/49 | €76,177 | €49,550 | -€26,628 | -35.0% |
| Amounts payable within one year | 42/48 | €76,177 | €49,550 | -€26,628 | -35.0% |
| Trade debts | 44 | €23,082 | €3,263 | -€19,819 | -85.9% |
| Suppliers | 440/4 | €23,082 | €3,263 | -€19,819 | -85.9% |
| Taxes, remuneration and social security | 45 | €13,634 | €12,221 | -€1,413 | -10.4% |
| Taxes | 450/3 | €13,634 | €12,221 | -€1,413 | -10.4% |
| Other amounts payable | 47/48 | €39,461 | €34,066 | -€5,395 | -13.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,752 | €17,639 | -€113 | -0.6% |
| Other operating charges | 640/8 | €994 | €999 | +€5 | +0.5% |
| Gross operating margin | 9900 | €79,421 | €14,020 | -€65,401 | -82.3% |
| Operating profit (loss) | 9901 | €60,674 | -€4,618 | -€65,293 | |
| Financial charges | 65/66B | €1,912 | €1,615 | -€297 | -15.5% |
| Recurring financial charges | 65 | €1,912 | €1,615 | -€297 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | €58,762 | -€6,233 | -€64,996 | |
| Income taxes | 67/77 | €17,072 | €260 | -€16,812 | -98.5% |
| Profit (loss) for the period | 9904 | €41,691 | -€6,493 | -€48,183 | |
| Profit (loss) for the period to be appropriated | 9905 | €41,691 | -€6,493 | -€48,183 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.