ArTech: 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.
ArTech
Largest movements
- Receivables within one year +€16,588
up €16,588 (+99.2%), from €16,729 to €33,316
of which Other amounts receivable: +€18,886
- Tangible fixed assets +€10,377
up €10,377 (+101.1%), from €10,268 to €20,646
of which Plant, machinery and equipment: +€8,485
- Cash +€909
up €909 (+24.6%), from €3,695 to €4,604
mainly Tax, wage and social debts (+€16,785) and Other debts (+€14,016)
- Tax, wage and social debts +€16,785
new in 2025: €16,785
- Other debts +€14,016
up €14,016 (+95.1%), from €14,745 to €28,760
- Profit (loss) carried forward -€2,514
down €2,514 (-24.2%), from €10,408 to €7,894
- Gross operating margin +€8,353
up €8,353 (+395.1%), from €2,114 to €10,468
- Depreciation +€255
up €255 (+8.7%), from €2,945 to €3,200
- Other operating charges +€164
up €164 (+281.6%), from €58 to €222
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 | €36,767 | €65,178 | +€28,411 | +77.3% |
| Fixed assets | 21/28 | €10,268 | €20,646 | +€10,377 | +101.1% |
| Tangible fixed assets | 22/27 | €10,268 | €20,646 | +€10,377 | +101.1% |
| Land and buildings | 22 | - | €1,893 | +€1,893 | |
| Plant, machinery and equipment | 23 | €10,268 | €18,753 | +€8,485 | +82.6% |
| Current assets | 29/58 | €26,499 | €44,533 | +€18,034 | +68.1% |
| Stocks and contracts in progress | 3 | €5,944 | €6,481 | +€537 | +9.0% |
| Stocks | 30/36 | €5,944 | €6,481 | +€537 | +9.0% |
| Amounts receivable within one year | 40/41 | €16,729 | €33,316 | +€16,588 | +99.2% |
| Trade receivables | 40 | €12,130 | €9,831 | -€2,298 | -18.9% |
| Other amounts receivable | 41 | €4,599 | €23,485 | +€18,886 | +410.6% |
| Cash at bank and in hand | 54/58 | €3,695 | €4,604 | +€909 | +24.6% |
| Deferred charges and accrued income | 490/1 | €131 | €131 | = | 0.0% |
| Total equity and liabilities | 10/49 | €36,767 | €65,178 | +€28,411 | +77.3% |
| Equity | 10/15 | €18,468 | €15,954 | -€2,514 | -13.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Other | 1319 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | €10,408 | €7,894 | -€2,514 | -24.2% |
| Amounts payable | 17/49 | €18,299 | €49,224 | +€30,925 | +169.0% |
| Amounts payable within one year | 42/48 | €18,299 | €49,224 | +€30,925 | +169.0% |
| Trade debts | 44 | €3,554 | €3,679 | +€125 | +3.5% |
| Suppliers | 440/4 | €3,554 | €3,679 | +€125 | +3.5% |
| Taxes, remuneration and social security | 45 | - | €16,785 | +€16,785 | |
| Taxes | 450/3 | - | €16,785 | +€16,785 | |
| Other amounts payable | 47/48 | €14,745 | €28,760 | +€14,016 | +95.1% |
| Non-recurring operating income | 76A | €3,030 | - | -€3,030 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,945 | €3,200 | +€255 | +8.7% |
| Other operating charges | 640/8 | €58 | €222 | +€164 | +281.6% |
| Non-recurring operating charges | 66A | - | €9,582 | +€9,582 | |
| Gross operating margin | 9900 | €2,114 | €10,468 | +€8,353 | +395.1% |
| Operating profit (loss) | 9901 | -€889 | -€2,536 | -€1,647 | -185.3% |
| Financial income | 75/76B | €2 | €2 | -€1 | -24.4% |
| Recurring financial income | 75 | €2 | €2 | -€1 | -24.4% |
| Financial charges | 65/66B | €24 | -€21 | -€45 | |
| Recurring financial charges | 65 | €24 | -€21 | -€45 | |
| Profit (loss) for the period before taxes | 9903 | -€911 | -€2,514 | -€1,603 | -176.1% |
| Profit (loss) for the period | 9904 | -€911 | -€2,514 | -€1,603 | -176.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€911 | -€2,514 | -€1,603 | -176.1% |
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 10 October 2026 via checked.be.