ARTECA: 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.
ARTECA
Largest movements
- Tangible fixed assets -€26,109
down €26,109 (-2.8%), from €929,857 to €903,748
of which Land and buildings: -€25,502
- Reserves -€34,752
down €34,752 (-12.3%), from €281,821 to €247,069
of which Distributable reserves: -€34,752
- Gross operating margin -€17,711
down €17,711, from €12,503 to -€5,208
- Financial charges +€1,060
up €1,060 (+138.7%), from €764 to €1,824
- Financial income +€370
up €370 (+5.8%), from €6,337 to €6,707
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 | €1,165,705 | €1,136,673 | -€29,032 | -2.5% |
| Fixed assets | 21/28 | €929,857 | €903,748 | -€26,109 | -2.8% |
| Tangible fixed assets | 22/27 | €929,857 | €903,748 | -€26,109 | -2.8% |
| Land and buildings | 22 | €928,861 | €903,359 | -€25,502 | -2.7% |
| Plant, machinery and equipment | 23 | €583 | €389 | -€194 | -33.3% |
| Furniture and vehicles | 24 | €413 | - | -€413 | |
| Current assets | 29/58 | €235,848 | €232,925 | -€2,923 | -1.2% |
| Amounts receivable within one year | 40/41 | €219,825 | €213,662 | -€6,163 | -2.8% |
| Other amounts receivable | 41 | €219,825 | €213,662 | -€6,163 | -2.8% |
| Cash at bank and in hand | 54/58 | €6,578 | €9,331 | +€2,753 | +41.9% |
| Deferred charges and accrued income | 490/1 | €9,446 | €9,933 | +€487 | +5.2% |
| Total equity and liabilities | 10/49 | €1,165,705 | €1,136,673 | -€29,032 | -2.5% |
| Equity | 10/15 | €1,149,449 | €1,114,696 | -€34,752 | -3.0% |
| Contributions | 10/11 | €867,627 | €867,627 | = | 0.0% |
| Capital | 10 | €867,627 | €867,627 | = | 0.0% |
| Issued capital | 100 | €867,627 | €867,627 | = | 0.0% |
| Reserves | 13 | €281,821 | €247,069 | -€34,752 | -12.3% |
| Non-distributable reserves | 130/1 | €12,045 | €12,045 | = | 0.0% |
| Legal reserve | 130 | €12,045 | €12,045 | = | 0.0% |
| Distributable reserves | 133 | €269,777 | €235,024 | -€34,752 | -12.9% |
| Amounts payable | 17/49 | €16,256 | €21,977 | +€5,721 | +35.2% |
| Amounts payable within one year | 42/48 | €12,888 | €17,929 | +€5,041 | +39.1% |
| Trade debts | 44 | €3,086 | €850 | -€2,236 | -72.5% |
| Suppliers | 440/4 | €3,086 | €850 | -€2,236 | -72.5% |
| Other amounts payable | 47/48 | €9,802 | €17,079 | +€7,277 | +74.2% |
| Accrued charges and deferred income | 492/3 | €3,368 | €4,048 | +€680 | +20.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,503 | €30,392 | -€112 | -0.4% |
| Other operating charges | 640/8 | €4,059 | €4,036 | -€22 | -0.6% |
| Gross operating margin | 9900 | €12,503 | -€5,208 | -€17,711 | |
| Operating profit (loss) | 9901 | -€22,060 | -€39,636 | -€17,577 | -79.7% |
| Financial income | 75/76B | €6,337 | €6,707 | +€370 | +5.8% |
| Recurring financial income | 75 | €6,337 | €6,707 | +€370 | +5.8% |
| Financial charges | 65/66B | €764 | €1,824 | +€1,060 | +138.7% |
| Recurring financial charges | 65 | €764 | €1,824 | +€1,060 | +138.7% |
| Profit (loss) for the period before taxes | 9903 | -€16,486 | -€34,752 | -€18,266 | -110.8% |
| Profit (loss) for the period | 9904 | -€16,486 | -€34,752 | -€18,266 | -110.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,486 | -€34,752 | -€18,266 | -110.8% |
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 4 October 2026 via checked.be.