ArtefIT Consulting: 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.
ArtefIT Consulting
Largest movements
- Current investments +€136,000
up €136,000 (+553.7%), from €24,561 to €160,561
- Tangible fixed assets +€61,668
new in 2025: €61,668
of which Furniture and vehicles: +€54,362
- Receivables within one year +€23,214
up €23,214 (+123.6%), from €18,787 to €42,001
- Cash -€8,865
down €8,865 (-7.3%), from €120,667 to €111,802
mainly Current investments (-€136,000) and Investment in fixed assets (net) (-€77,215)
- Reserves +€110,000
new in 2025: €110,000
- Tax, wage and social debts +€47,111
up €47,111 (+104.7%), from €44,992 to €92,103
- Debts after one year +€35,304
new in 2025: €35,304
- Current portion of long-term debt +€13,246
new in 2025: €13,246
- Gross operating margin +€68,485
up €68,485 (+60.8%), from €112,657 to €181,142
- Taxes +€23,678
up €23,678 (+85.7%), from €27,616 to €51,294
- Depreciation +€15,547
new in 2025: €15,547
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 | €164,015 | €376,033 | +€212,018 | +129.3% |
| Fixed assets | 21/28 | - | €61,668 | +€61,668 | |
| Tangible fixed assets | 22/27 | - | €61,668 | +€61,668 | |
| Plant, machinery and equipment | 23 | - | €7,307 | +€7,307 | |
| Furniture and vehicles | 24 | - | €54,362 | +€54,362 | |
| Current assets | 29/58 | €164,015 | €314,365 | +€150,350 | +91.7% |
| Amounts receivable within one year | 40/41 | €18,787 | €42,001 | +€23,214 | +123.6% |
| Trade receivables | 40 | €18,787 | €42,001 | +€23,214 | +123.6% |
| Current investments | 50/53 | €24,561 | €160,561 | +€136,000 | +553.7% |
| Cash at bank and in hand | 54/58 | €120,667 | €111,802 | -€8,865 | -7.3% |
| Total equity and liabilities | 10/49 | €164,015 | €376,033 | +€212,018 | +129.3% |
| Equity | 10/15 | €113,738 | €227,198 | +€113,460 | +99.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €110,000 | +€110,000 | |
| Distributable reserves | 133 | - | €110,000 | +€110,000 | |
| Profit (loss) carried forward | 14 | €110,738 | €114,198 | +€3,460 | +3.1% |
| Amounts payable | 17/49 | €50,277 | €148,836 | +€98,559 | +196.0% |
| Amounts payable after more than one year | 17 | - | €35,304 | +€35,304 | |
| Financial debts | 170/4 | - | €35,304 | +€35,304 | |
| Amounts payable within one year | 42/48 | €50,277 | €113,531 | +€63,254 | +125.8% |
| Current portion of amounts payable after more than one year | 42 | - | €13,246 | +€13,246 | |
| Trade debts | 44 | €1,479 | €2,849 | +€1,370 | +92.7% |
| Suppliers | 440/4 | €1,479 | €2,849 | +€1,370 | +92.7% |
| Taxes, remuneration and social security | 45 | €44,992 | €92,103 | +€47,111 | +104.7% |
| Taxes | 450/3 | €44,992 | €92,103 | +€47,111 | +104.7% |
| Other amounts payable | 47/48 | €3,806 | €5,333 | +€1,527 | +40.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €15,547 | +€15,547 | |
| Other operating charges | 640/8 | €852 | €217 | -€635 | -74.5% |
| Gross operating margin | 9900 | €112,657 | €181,142 | +€68,485 | +60.8% |
| Operating profit (loss) | 9901 | €111,805 | €165,378 | +€53,573 | +47.9% |
| Financial income | 75/76B | - | €548 | +€548 | |
| Recurring financial income | 75 | - | €548 | +€548 | |
| Financial charges | 65/66B | €532 | €1,172 | +€640 | +120.3% |
| Recurring financial charges | 65 | €532 | €1,172 | +€640 | +120.3% |
| Profit (loss) for the period before taxes | 9903 | €111,273 | €164,754 | +€53,481 | +48.1% |
| Income taxes | 67/77 | €27,616 | €51,294 | +€23,678 | +85.7% |
| Profit (loss) for the period | 9904 | €83,657 | €113,460 | +€29,803 | +35.6% |
| Profit (loss) for the period to be appropriated | 9905 | €83,657 | €113,460 | +€29,803 | +35.6% |
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 7 October 2026 via checked.be.