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
- Cash +€41,520
up €41,520 (+248.4%), from €16,718 to €58,238
mainly Net result for the year (+€41,150) and Tax, wage and social debts (+€8,720)
- Receivables within one year +€7,307
up €7,307 (+10148.6%), from €72 to €7,379
- Tangible fixed assets +€975
new in 2025: €975
- Profit (loss) carried forward +€41,150
up €41,150 (+778.5%), from €5,286 to €46,435
- Tax, wage and social debts +€8,720
up €8,720 (+142.7%), from €6,110 to €14,830
of which Taxes: +€8,720
- Gross operating margin +€45,057
up €45,057 (+664.4%), from €6,781 to €51,839
- Taxes +€9,127
up €9,127 (+618.0%), from €1,477 to €10,604
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 | €16,790 | €66,607 | +€49,817 | +296.7% |
| Fixed assets | 21/28 | - | €975 | +€975 | |
| Tangible fixed assets | 22/27 | - | €975 | +€975 | |
| Furniture and vehicles | 24 | - | €975 | +€975 | |
| Current assets | 29/58 | €16,790 | €65,632 | +€48,842 | +290.9% |
| Amounts receivable within one year | 40/41 | €72 | €7,379 | +€7,307 | +10148.6% |
| Trade receivables | 40 | €72 | €7,379 | +€7,307 | +10148.6% |
| Cash at bank and in hand | 54/58 | €16,718 | €58,238 | +€41,520 | +248.4% |
| Deferred charges and accrued income | 490/1 | - | €15 | +€15 | |
| Total equity and liabilities | 10/49 | €16,790 | €66,607 | +€49,817 | +296.7% |
| Equity | 10/15 | €10,286 | €51,435 | +€41,150 | +400.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,286 | €46,435 | +€41,150 | +778.5% |
| Amounts payable | 17/49 | €6,504 | €15,172 | +€8,668 | +133.3% |
| Amounts payable within one year | 42/48 | €6,504 | €15,172 | +€8,668 | +133.3% |
| Trade debts | 44 | €395 | €342 | -€52 | -13.3% |
| Suppliers | 440/4 | €395 | €342 | -€52 | -13.3% |
| Taxes, remuneration and social security | 45 | €6,110 | €14,830 | +€8,720 | +142.7% |
| Taxes | 450/3 | €3,035 | €11,755 | +€8,720 | +287.4% |
| Remuneration and social security | 454/9 | €3,075 | €3,075 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €129 | +€129 | |
| Other operating charges | 640/8 | - | €120 | +€120 | |
| Gross operating margin | 9900 | €6,781 | €51,839 | +€45,057 | +664.4% |
| Operating profit (loss) | 9901 | €6,781 | €51,590 | +€44,808 | +660.8% |
| Financial income | 75/76B | - | €205 | +€205 | |
| Recurring financial income | 75 | - | €205 | +€205 | |
| Financial charges | 65/66B | €19 | €41 | +€23 | +120.0% |
| Recurring financial charges | 65 | €19 | €41 | +€23 | +120.0% |
| Profit (loss) for the period before taxes | 9903 | €6,763 | €51,753 | +€44,991 | +665.3% |
| Income taxes | 67/77 | €1,477 | €10,604 | +€9,127 | +618.0% |
| Profit (loss) for the period | 9904 | €5,286 | €41,150 | +€35,864 | +678.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,286 | €41,150 | +€35,864 | +678.5% |
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 12 October 2026 via checked.be.