ARTEGY: 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.
ARTEGY
Largest movements
- Cash +€115,966
up €115,966 (+21,243%), from €546 to €116,512
mainly Net result for the year (+€145,108) and Accrued charges and deferred income (+€12,425)
- Receivables within one year +€20,111
up €20,111 (+721%), from €2,789 to €22,899
of which Trade receivables: +€15,430
- Profit (loss) carried forward +€145,108
up €145,108, from -€24,848 to €120,260
- Other debts -€23,995
down €23,995 (-86.9%), from €27,603 to €3,608
- Accrued charges and deferred income +€12,425
up €12,425 (+2,303%), from €540 to €12,964
- Tax, wage and social debts +€2,877
up €2,877 (+1,686%), from €171 to €3,047
- Gross operating margin +€203,877
up €203,877, from -€19,395 to €184,482
- Taxes +€37,706
up €37,706 (+22,097%), from €171 to €37,877
- Other operating charges -€2,082
down €2,082 (-73.9%), from €2,818 to €736
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 | €5,494 | €141,433 | +€135,939 | +2,474% |
| Fixed assets | 21/28 | €1,782 | €959 | -€822 | -46.2% |
| Tangible fixed assets | 22/27 | €1,782 | €959 | -€822 | -46.2% |
| Furniture and vehicles | 24 | €1,782 | €959 | -€822 | -46.2% |
| Current assets | 29/58 | €3,712 | €140,473 | +€136,761 | +3,684% |
| Stocks and contracts in progress | 3 | €378 | €1,062 | +€684 | +181% |
| Stocks | 30/36 | €378 | €1,062 | +€684 | +181% |
| Amounts receivable within one year | 40/41 | €2,789 | €22,899 | +€20,111 | +721% |
| Trade receivables | 40 | €2,789 | €18,218 | +€15,430 | +553% |
| Other amounts receivable | 41 | - | €4,681 | +€4,681 | |
| Cash at bank and in hand | 54/58 | €546 | €116,512 | +€115,966 | +21,243% |
| Total equity and liabilities | 10/49 | €5,494 | €141,433 | +€135,939 | +2,474% |
| Equity | 10/15 | -€23,848 | €121,260 | +€145,108 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,848 | €120,260 | +€145,108 | |
| Amounts payable | 17/49 | €29,342 | €20,173 | -€9,169 | -31.3% |
| Amounts payable within one year | 42/48 | €28,802 | €7,208 | -€21,594 | -75.0% |
| Trade debts | 44 | €1,029 | €553 | -€476 | -46.2% |
| Suppliers | 440/4 | €1,029 | €553 | -€476 | -46.2% |
| Taxes, remuneration and social security | 45 | €171 | €3,047 | +€2,877 | +1,686% |
| Taxes | 450/3 | €171 | €3,047 | +€2,877 | +1,686% |
| Other amounts payable | 47/48 | €27,603 | €3,608 | -€23,995 | -86.9% |
| Accrued charges and deferred income | 492/3 | €540 | €12,964 | +€12,425 | +2,303% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €685 | €822 | +€137 | +20.0% |
| Other operating charges | 640/8 | €2,818 | €736 | -€2,082 | -73.9% |
| Gross operating margin | 9900 | -€19,395 | €184,482 | +€203,877 | |
| Operating profit (loss) | 9901 | -€22,898 | €182,924 | +€205,821 | |
| Financial income | 75/76B | - | €70 | +€70 | |
| Recurring financial income | 75 | - | €70 | +€70 | |
| Financial charges | 65/66B | €510 | €8 | -€502 | -98.3% |
| Recurring financial charges | 65 | €510 | €8 | -€502 | -98.3% |
| Profit (loss) for the period before taxes | 9903 | -€23,408 | €182,985 | +€206,393 | |
| Income taxes | 67/77 | €171 | €37,877 | +€37,706 | +22,097% |
| Profit (loss) for the period | 9904 | -€23,579 | €145,108 | +€168,687 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,579 | €145,108 | +€168,687 |
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 1 November 2026 via checked.be.