Artemis: 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.
Artemis
Largest movements
- Tangible fixed assets +€21,986
up €21,986 (+23.8%), from €92,426 to €114,412
of which Furniture and vehicles: +€31,267
- Receivables within one year -€18,364
down €18,364 (-100.0%), from €18,364 to €0
- Cash +€12,068
up €12,068 (+39.1%), from €30,885 to €42,952
mainly Net result for the year (+€20,909) and Receivables within one year (+€18,364)
- Reserves +€20,909
up €20,909 (+19.3%), from €108,100 to €129,009
of which Distributable reserves: +€20,909
- Other debts -€2,842
down €2,842 (-57.8%), from €4,919 to €2,077
- Trade debts -€1,789
down €1,789 (-46.8%), from €3,822 to €2,032
- Depreciation +€3,353
up €3,353 (+28.5%), from €11,749 to €15,102
- Other operating charges +€1,441
up €1,441 (+216.4%), from €666 to €2,107
- Gross operating margin -€1,108
down €1,108 (-2.2%), from €49,820 to €48,712
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 | €141,816 | €157,508 | +€15,693 | +11.1% |
| Fixed assets | 21/28 | €92,426 | €114,412 | +€21,986 | +23.8% |
| Tangible fixed assets | 22/27 | €92,426 | €114,412 | +€21,986 | +23.8% |
| Land and buildings | 22 | €87,905 | €80,854 | -€7,051 | -8.0% |
| Plant, machinery and equipment | 23 | €2,921 | €690 | -€2,231 | -76.4% |
| Furniture and vehicles | 24 | €1,601 | €32,868 | +€31,267 | +1953.0% |
| Current assets | 29/58 | €49,389 | €43,097 | -€6,293 | -12.7% |
| Amounts receivable within one year | 40/41 | €18,364 | €0 | -€18,364 | -100.0% |
| Trade receivables | 40 | €18,364 | €0 | -€18,364 | -100.0% |
| Cash at bank and in hand | 54/58 | €30,885 | €42,952 | +€12,068 | +39.1% |
| Deferred charges and accrued income | 490/1 | €141 | €144 | +€4 | +2.6% |
| Total equity and liabilities | 10/49 | €141,816 | €157,508 | +€15,693 | +11.1% |
| Equity | 10/15 | €113,311 | €134,220 | +€20,909 | +18.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €108,100 | €129,009 | +€20,909 | +19.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €108,100 | €129,009 | +€20,909 | +19.3% |
| Profit (loss) carried forward | 14 | €4,211 | €4,211 | = | 0.0% |
| Amounts payable | 17/49 | €28,505 | €23,289 | -€5,216 | -18.3% |
| Amounts payable within one year | 42/48 | €22,975 | €17,758 | -€5,217 | -22.7% |
| Trade debts | 44 | €3,822 | €2,032 | -€1,789 | -46.8% |
| Suppliers | 440/4 | €3,822 | €2,032 | -€1,789 | -46.8% |
| Taxes, remuneration and social security | 45 | €14,234 | €13,648 | -€586 | -4.1% |
| Taxes | 450/3 | €12,234 | €11,648 | -€586 | -4.8% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €4,919 | €2,077 | -€2,842 | -57.8% |
| Accrued charges and deferred income | 492/3 | €5,530 | €5,531 | +€1 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,749 | €15,102 | +€3,353 | +28.5% |
| Other operating charges | 640/8 | €666 | €2,107 | +€1,441 | +216.4% |
| Gross operating margin | 9900 | €49,820 | €48,712 | -€1,108 | -2.2% |
| Operating profit (loss) | 9901 | €37,405 | €31,502 | -€5,903 | -15.8% |
| Financial income | 75/76B | €49 | €401 | +€352 | +720.4% |
| Recurring financial income | 75 | €49 | €401 | +€352 | +720.4% |
| Financial charges | 65/66B | €126 | €125 | -€1 | -1.0% |
| Recurring financial charges | 65 | €126 | €125 | -€1 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | €37,327 | €31,778 | -€5,550 | -14.9% |
| Income taxes | 67/77 | €11,349 | €10,868 | -€481 | -4.2% |
| Profit (loss) for the period | 9904 | €25,978 | €20,909 | -€5,069 | -19.5% |
| Profit (loss) for the period to be appropriated | 9905 | €25,978 | €20,909 | -€5,069 | -19.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.