ARTEMIS BELGIUM: what changed
What changed
ARTEMIS BELGIUM
NACE 74.999, Other professional, scientific and technical activities
filed annual accounts (NBB)
Net result for the year
€16,323
2024 · €43,583-€27,260
Equity
€1.2m
2024 · €1.2m+€16,323
Cash
€4,451
2024 · €6,829-€2,378
Balance sheet total
€2.5m
2024 · €2.6m-€67,887
Largest movements
Assets
- Tangible fixed assets -€62,034
down €62,034 (-3.4%), from €1.8m to €1.8m
of which Land and buildings: -€63,662
Equity and liabilities
- Debts after one year -€99,411
down €99,411 (-8.5%), from €1.2m to €1.1m
- Profit (loss) carried forward +€34,401
up €34,401 (+4.5%), from -€771,438 to -€737,038
Income statement
- Gross operating margin -€39,353
down €39,353 (-25.3%), from €155,590 to €116,236
- Taxes +€12,841
up €12,841 (+5,061%), from €254 to €13,095
- Financial charges -€12,247
down €12,247 (-42.8%), from €28,623 to €16,376
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€43,583
Gross operating margin
-€39,353
Staff costs
-€33
Depreciation
-€559
Other operating charges
+€579
Other operating items
-€244
Financial income
-€65
Financial charges
+€12,247
Taxes
-€12,841
Deferred taxes and other
+€13,008
Result 2025
€16,323
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€100,637
Investment
-€4,156
Financing
-€98,860
Cash 2024
€6,829
From operations (derived)
+€100,637
Net result for the year
+€16,323
Depreciation
+€66,190
Receivables within one year
+€5,235
Deferred charges and accrued income
-€1,760
Provisions
-€6,026
Trade debts
-€84
Tax, wage and social debts
+€11,574
Other debts
+€8,495
Accrued charges and deferred income
+€690
Investment (derived)
-€4,156
Investment in fixed assets (net)
-€4,156
Financing
-€98,860
Debts after one year
-€99,411
Current portion of long-term debt
+€551
Cash 2025
€4,451
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,591,471 | €2,523,584 | -€67,887 | -2.6% |
| Fixed assets | 21/28 | €2,577,936 | €2,515,902 | -€62,034 | -2.4% |
| Intangible fixed assets | 21 | €736,730 | €736,730 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,840,220 | €1,778,185 | -€62,034 | -3.4% |
| Land and buildings | 22 | €1,833,128 | €1,769,466 | -€63,662 | -3.5% |
| Furniture and vehicles | 24 | €7,092 | €8,720 | +€1,628 | +23.0% |
| Financial fixed assets | 28 | €986 | €986 | = | 0.0% |
| Current assets | 29/58 | €13,535 | €7,683 | -€5,853 | -43.2% |
| Amounts receivable within one year | 40/41 | €5,235 | - | -€5,235 | |
| Trade receivables | 40 | €4,235 | - | -€4,235 | |
| Other amounts receivable | 41 | €1,000 | - | -€1,000 | |
| Cash at bank and in hand | 54/58 | €6,829 | €4,451 | -€2,378 | -34.8% |
| Deferred charges and accrued income | 490/1 | €1,471 | €3,231 | +€1,760 | +120% |
| Total equity and liabilities | 10/49 | €2,591,471 | €2,523,584 | -€67,887 | -2.6% |
| Equity | 10/15 | €1,176,658 | €1,192,981 | +€16,323 | +1.4% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Capital | 10 | €1,000,000 | €1,000,000 | = | 0.0% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Reserves | 13 | €948,096 | €930,019 | -€18,078 | -1.9% |
| Tax-exempt reserves | 132 | €948,096 | €930,019 | -€18,078 | -1.9% |
| Profit (loss) carried forward | 14 | -€771,438 | -€737,038 | +€34,401 | +4.5% |
| Provisions and deferred taxes | 16 | €137,088 | €131,062 | -€6,026 | -4.4% |
| Deferred taxes | 168 | €137,088 | €131,062 | -€6,026 | -4.4% |
| Amounts payable | 17/49 | €1,277,726 | €1,199,542 | -€78,184 | -6.1% |
| Amounts payable after more than one year | 17 | €1,165,951 | €1,066,541 | -€99,411 | -8.5% |
| Financial debts | 170/4 | €1,165,951 | €1,066,541 | -€99,411 | -8.5% |
| Amounts payable within one year | 42/48 | €111,774 | €132,311 | +€20,536 | +18.4% |
| Current portion of amounts payable after more than one year | 42 | €14,166 | €14,717 | +€551 | +3.9% |
| Trade debts | 44 | €2,773 | €2,689 | -€84 | -3.0% |
| Suppliers | 440/4 | €2,773 | €2,689 | -€84 | -3.0% |
| Taxes, remuneration and social security | 45 | €26,945 | €38,519 | +€11,574 | +43.0% |
| Taxes | 450/3 | €26,445 | €38,019 | +€11,574 | +43.8% |
| Remuneration and social security | 454/9 | €500 | €500 | = | 0.0% |
| Other amounts payable | 47/48 | €67,891 | €76,386 | +€8,495 | +12.5% |
| Accrued charges and deferred income | 492/3 | - | €690 | +€690 | |
| Remuneration, social security and pensions | 62 | €498 | €530 | +€33 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,631 | €66,190 | +€559 | +0.9% |
| Other operating charges | 640/8 | €10,083 | €9,504 | -€579 | -5.7% |
| Non-recurring operating charges | 66A | - | €244 | +€244 | |
| Gross operating margin | 9900 | €155,590 | €116,236 | -€39,353 | -25.3% |
| Operating profit (loss) | 9901 | €79,378 | €39,768 | -€39,609 | -49.9% |
| Financial income | 75/76B | €65 | - | -€65 | |
| Recurring financial income | 75 | €65 | - | -€65 | |
| Financial charges | 65/66B | €28,623 | €16,376 | -€12,247 | -42.8% |
| Recurring financial charges | 65 | €28,623 | €16,376 | -€12,247 | -42.8% |
| Profit (loss) for the period before taxes | 9903 | €50,819 | €23,392 | -€27,427 | -54.0% |
| Transfer from deferred taxes | 780 | €6,085 | €6,026 | -€59 | -1.0% |
| Transfer to deferred taxes | 680 | €13,067 | - | -€13,067 | |
| Income taxes | 67/77 | €254 | €13,095 | +€12,841 | +5,061% |
| Profit (loss) for the period | 9904 | €43,583 | €16,323 | -€27,260 | -62.5% |
| Transfer from tax-exempt reserves | 789 | €18,255 | €18,078 | -€177 | -1.0% |
| Transfer to tax-exempt reserves | 689 | €39,202 | - | -€39,202 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,635 | €34,401 | +€11,765 | +52.0% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.