ARTEMIS CONSULTING: 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 CONSULTING
Largest movements
- Receivables within one year -€38,275
down €38,275 (-30.1%), from €127,347 to €89,072
of which Other amounts receivable: -€55,926
- Cash +€36,022
up €36,022 (+67.9%), from €53,073 to €89,095
mainly Receivables within one year (+€38,275) and Net result for the year (+€25,011)
- Tangible fixed assets -€17,183
down €17,183 (-6.1%), from €281,200 to €264,017
of which Land and buildings: -€11,518
- Trade debts -€28,123
down €28,123 (-30.5%), from €92,300 to €64,177
- Reserves +€25,000
up €25,000 (+45.5%), from €55,000 to €80,000
- Debts after one year -€17,500
down €17,500 (-21.9%), from €80,000 to €62,500
- Accrued charges and deferred income +€4,841
up €4,841 (+9.8%), from €49,589 to €54,429
- Staff costs -€6,171
no longer reported in 2025 (was €6,171)
- Gross operating margin +€6,110
up €6,110 (+9.7%), from €62,781 to €68,891
- Taxes +€3,128
up €3,128 (+30.2%), from €10,346 to €13,474
- Financial charges -€1,768
down €1,768 (-22.7%), from €7,784 to €6,016
- Depreciation -€1,036
down €1,036 (-5.7%), from €18,082 to €17,046
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 | €463,842 | €444,243 | -€19,599 | -4.2% |
| Fixed assets | 21/28 | €281,350 | €264,167 | -€17,183 | -6.1% |
| Tangible fixed assets | 22/27 | €281,200 | €264,017 | -€17,183 | -6.1% |
| Land and buildings | 22 | €270,383 | €258,865 | -€11,518 | -4.3% |
| Plant, machinery and equipment | 23 | €1,577 | €674 | -€904 | -57.3% |
| Furniture and vehicles | 24 | €9,240 | €4,478 | -€4,762 | -51.5% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €182,492 | €180,077 | -€2,415 | -1.3% |
| Amounts receivable within one year | 40/41 | €127,347 | €89,072 | -€38,275 | -30.1% |
| Trade receivables | 40 | €63,242 | €80,894 | +€17,652 | +27.9% |
| Other amounts receivable | 41 | €64,105 | €8,178 | -€55,926 | -87.2% |
| Cash at bank and in hand | 54/58 | €53,073 | €89,095 | +€36,022 | +67.9% |
| Deferred charges and accrued income | 490/1 | €2,072 | €1,909 | -€163 | -7.8% |
| Total equity and liabilities | 10/49 | €463,842 | €444,243 | -€19,599 | -4.2% |
| Equity | 10/15 | €219,672 | €244,682 | +€25,011 | +11.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Revaluation surpluses | 12 | €158,000 | €158,000 | = | 0.0% |
| Reserves | 13 | €55,000 | €80,000 | +€25,000 | +45.5% |
| Distributable reserves | 133 | €55,000 | €80,000 | +€25,000 | +45.5% |
| Profit (loss) carried forward | 14 | €472 | €482 | +€11 | +2.2% |
| Amounts payable | 17/49 | €244,170 | €199,561 | -€44,609 | -18.3% |
| Amounts payable after more than one year | 17 | €80,000 | €62,500 | -€17,500 | -21.9% |
| Financial debts | 170/4 | €80,000 | €62,500 | -€17,500 | -21.9% |
| Amounts payable within one year | 42/48 | €114,581 | €82,632 | -€31,950 | -27.9% |
| Current portion of amounts payable after more than one year | 42 | €549 | - | -€549 | |
| Trade debts | 44 | €92,300 | €64,177 | -€28,123 | -30.5% |
| Suppliers | 440/4 | €92,300 | €64,177 | -€28,123 | -30.5% |
| Taxes, remuneration and social security | 45 | €20,933 | €18,358 | -€2,576 | -12.3% |
| Taxes | 450/3 | €20,933 | €18,358 | -€2,576 | -12.3% |
| Other amounts payable | 47/48 | €799 | €97 | -€702 | -87.9% |
| Accrued charges and deferred income | 492/3 | €49,589 | €54,429 | +€4,841 | +9.8% |
| Remuneration, social security and pensions | 62 | €6,171 | - | -€6,171 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,082 | €17,046 | -€1,036 | -5.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €740 | - | -€740 | |
| Other operating charges | 640/8 | €7,107 | €6,538 | -€569 | -8.0% |
| Non-recurring operating charges | 66A | - | €806 | +€806 | |
| Gross operating margin | 9900 | €62,781 | €68,891 | +€6,110 | +9.7% |
| Operating profit (loss) | 9901 | €30,682 | €44,501 | +€13,819 | +45.0% |
| Financial income | 75/76B | €572 | - | -€572 | |
| Recurring financial income | 75 | €572 | - | -€572 | |
| Financial charges | 65/66B | €7,784 | €6,016 | -€1,768 | -22.7% |
| Recurring financial charges | 65 | €7,784 | €6,016 | -€1,768 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €23,470 | €38,485 | +€15,015 | +64.0% |
| Transfer from deferred taxes | 780 | €190 | - | -€190 | |
| Income taxes | 67/77 | €10,346 | €13,474 | +€3,128 | +30.2% |
| Profit (loss) for the period | 9904 | €13,314 | €25,011 | +€11,696 | +87.8% |
| Profit (loss) for the period to be appropriated | 9905 | €13,314 | €25,011 | +€11,696 | +87.8% |
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 20 October 2026 via checked.be.