ARTEMIS: 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.
ARTEMIS
Largest movements
- Tangible fixed assets -€22,221
down €22,221 (-12.1%), from €183,245 to €161,024
of which Plant, machinery and equipment: -€13,929
- Deferred charges and accrued income +€4,586
up €4,586 (+1055.1%), from €435 to €5,020
- Debts after one year -€27,802
down €27,802 (-30.4%), from €91,524 to €63,722
- Other debts +€6,907
up €6,907 (+406.4%), from €1,699 to €8,607
- Trade debts +€3,741
up €3,741 (+147.9%), from €2,529 to €6,270
- Gross operating margin -€4,114
down €4,114 (-12.3%), from €33,563 to €29,449
- Taxes -€612
down €612 (-31.8%), from €1,921 to €1,309
- Financial charges -€484
down €484 (-13.7%), from €3,533 to €3,049
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 | €191,058 | €173,527 | -€17,531 | -9.2% |
| Fixed assets | 21/28 | €183,245 | €161,024 | -€22,221 | -12.1% |
| Tangible fixed assets | 22/27 | €183,245 | €161,024 | -€22,221 | -12.1% |
| Land and buildings | 22 | €133,490 | €123,459 | -€10,031 | -7.5% |
| Plant, machinery and equipment | 23 | €47,721 | €33,793 | -€13,929 | -29.2% |
| Furniture and vehicles | 24 | €2,034 | €772 | -€1,262 | -62.1% |
| Other tangible fixed assets | 26 | - | €3,000 | +€3,000 | |
| Current assets | 29/58 | €7,813 | €12,504 | +€4,691 | +60.0% |
| Amounts receivable within one year | 40/41 | €3,898 | €3,691 | -€207 | -5.3% |
| Trade receivables | 40 | €819 | - | -€819 | |
| Other amounts receivable | 41 | €3,079 | €3,691 | +€612 | +19.9% |
| Cash at bank and in hand | 54/58 | €3,480 | €3,793 | +€313 | +9.0% |
| Deferred charges and accrued income | 490/1 | €435 | €5,020 | +€4,586 | +1055.1% |
| Total equity and liabilities | 10/49 | €191,058 | €173,527 | -€17,531 | -9.2% |
| Equity | 10/15 | €64,417 | €63,388 | -€1,029 | -1.6% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €58,159 | €58,159 | = | 0.0% |
| Non-distributable reserves | 130/1 | €47,478 | €47,478 | = | 0.0% |
| Reserves not available under the articles | 1311 | €47,478 | €47,478 | = | 0.0% |
| Distributable reserves | 133 | €10,681 | €10,681 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61 | -€968 | -€1,029 | |
| Amounts payable | 17/49 | €126,640 | €110,139 | -€16,501 | -13.0% |
| Amounts payable after more than one year | 17 | €91,524 | €63,722 | -€27,802 | -30.4% |
| Financial debts | 170/4 | €91,524 | €63,722 | -€27,802 | -30.4% |
| Amounts payable within one year | 42/48 | €34,783 | €46,084 | +€11,301 | +32.5% |
| Current portion of amounts payable after more than one year | 42 | €30,554 | €31,207 | +€652 | +2.1% |
| Trade debts | 44 | €2,529 | €6,270 | +€3,741 | +147.9% |
| Suppliers | 440/4 | €2,529 | €6,270 | +€3,741 | +147.9% |
| Other amounts payable | 47/48 | €1,699 | €8,607 | +€6,907 | +406.4% |
| Accrued charges and deferred income | 492/3 | €334 | €334 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,274 | €25,221 | -€53 | -0.2% |
| Other operating charges | 640/8 | €928 | €899 | -€30 | -3.2% |
| Gross operating margin | 9900 | €33,563 | €29,449 | -€4,114 | -12.3% |
| Operating profit (loss) | 9901 | €7,361 | €3,329 | -€4,032 | -54.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €3,533 | €3,049 | -€484 | -13.7% |
| Recurring financial charges | 65 | €3,533 | €3,049 | -€484 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | €3,827 | €280 | -€3,547 | -92.7% |
| Income taxes | 67/77 | €1,921 | €1,309 | -€612 | -31.8% |
| Profit (loss) for the period | 9904 | €1,907 | -€1,029 | -€2,936 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,907 | -€1,029 | -€2,936 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.