ARTEC DB: 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 DB
Largest movements
- Stocks and contracts +€137,480
new in 2025: €137,480
- Receivables within one year -€8,866
down €8,866 (-51.1%), from €17,355 to €8,489
of which Trade receivables: -€5,045
- Tangible fixed assets +€8,859
new in 2025: €8,859
- Cash +€5,299
up €5,299 (+12.6%), from €42,204 to €47,503
mainly Advances received (+€166,231) and Receivables within one year (+€8,866)
- Advances received +€166,231
up €166,231 (+1,279%), from €13,000 to €179,231
- Trade debts -€9,014
down €9,014 (-99.3%), from €9,074 to €60
- Tax, wage and social debts -€6,245
no longer reported in 2025 (was €6,245)
- Profit (loss) carried forward -€5,935
down €5,935 (-12.5%), from -€47,311 to -€53,246
- Gross operating margin -€25,803
down €25,803, from €19,329 to -€6,474
- Taxes -€7,306
down €7,306, from €6,272 to -€1,034
- Financial income +€711
up €711 (+756%), from €94 to €805
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 | €60,849 | €205,301 | +€144,452 | +237% |
| Fixed assets | 21/28 | - | €8,859 | +€8,859 | |
| Tangible fixed assets | 22/27 | - | €8,859 | +€8,859 | |
| Furniture and vehicles | 24 | - | €8,859 | +€8,859 | |
| Current assets | 29/58 | €60,849 | €196,442 | +€135,593 | +223% |
| Stocks and contracts in progress | 3 | - | €137,480 | +€137,480 | |
| Contracts in progress | 37 | - | €137,480 | +€137,480 | |
| Amounts receivable within one year | 40/41 | €17,355 | €8,489 | -€8,866 | -51.1% |
| Trade receivables | 40 | €5,703 | €658 | -€5,045 | -88.5% |
| Other amounts receivable | 41 | €11,652 | €7,831 | -€3,821 | -32.8% |
| Cash at bank and in hand | 54/58 | €42,204 | €47,503 | +€5,299 | +12.6% |
| Deferred charges and accrued income | 490/1 | €1,290 | €2,970 | +€1,680 | +130% |
| Total equity and liabilities | 10/49 | €60,849 | €205,301 | +€144,452 | +237% |
| Equity | 10/15 | €24,004 | €18,069 | -€5,935 | -24.7% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | €50,864 | €50,864 | = | 0.0% |
| Distributable reserves | 133 | €50,864 | €50,864 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,311 | -€53,246 | -€5,935 | -12.5% |
| Amounts payable | 17/49 | €36,845 | €187,232 | +€150,387 | +408% |
| Amounts payable after more than one year | 17 | €8,526 | €7,941 | -€585 | -6.9% |
| Other amounts payable | 178/9 | €8,526 | €7,941 | -€585 | -6.9% |
| Amounts payable within one year | 42/48 | €28,319 | €179,291 | +€150,972 | +533% |
| Trade debts | 44 | €9,074 | €60 | -€9,014 | -99.3% |
| Suppliers | 440/4 | €9,074 | €60 | -€9,014 | -99.3% |
| Advances received on contracts in progress | 46 | €13,000 | €179,231 | +€166,231 | +1,279% |
| Taxes, remuneration and social security | 45 | €6,245 | - | -€6,245 | |
| Taxes | 450/3 | €6,245 | - | -€6,245 | |
| Other operating charges | 640/8 | €1,195 | €1,168 | -€27 | -2.3% |
| Gross operating margin | 9900 | €19,329 | -€6,474 | -€25,803 | |
| Operating profit (loss) | 9901 | €18,134 | -€7,642 | -€25,776 | |
| Financial income | 75/76B | €94 | €805 | +€711 | +756% |
| Recurring financial income | 75 | €94 | €805 | +€711 | +756% |
| Financial charges | 65/66B | €139 | €132 | -€7 | -5.0% |
| Recurring financial charges | 65 | €139 | €132 | -€7 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €18,089 | -€6,969 | -€25,058 | |
| Income taxes | 67/77 | €6,272 | -€1,034 | -€7,306 | |
| Profit (loss) for the period | 9904 | €11,817 | -€5,935 | -€17,752 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,817 | -€5,935 | -€17,752 |
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 14 October 2026 via checked.be.