ARTEMIS DECOR: 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 DECOR
Largest movements
- Stocks and contracts +€17,119
up €17,119 (+17.4%), from €98,556 to €115,675
of which Contracts in progress: +€27,634
- Tangible fixed assets +€8,081
up €8,081 (+48.3%), from €16,717 to €24,798
of which Plant, machinery and equipment: +€12,481
- Short-term financial debts -€78,300
no longer reported in 2024 (was €78,300)
- Advances received +€50,248
up €50,248 (+66.5%), from €75,581 to €125,829
- Profit (loss) carried forward +€26,304
up €26,304 (+105%), from €25,005 to €51,309
- Trade debts +€15,615
up €15,615 (+16.0%), from €97,300 to €112,916
- Tax, wage and social debts +€13,566
up €13,566 (+94.9%), from €14,291 to €27,857
of which Remuneration and social security: +€22,051
- Gross operating margin +€97,071
up €97,071 (+134%), from €72,697 to €169,768
- Staff costs +€61,835
up €61,835 (+123%), from €50,096 to €111,930
- Financial charges +€12,699
up €12,699 (+478%), from €2,657 to €15,356
- Depreciation +€8,695
new in 2024: €8,695
- Taxes +€4,756
new in 2024: €4,756
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €298,350 | €324,410 | +€26,060 | +8.7% |
| Fixed assets | 21/28 | €49,717 | €57,798 | +€8,081 | +16.3% |
| Tangible fixed assets | 22/27 | €16,717 | €24,798 | +€8,081 | +48.3% |
| Plant, machinery and equipment | 23 | €5,350 | €17,831 | +€12,481 | +233% |
| Furniture and vehicles | 24 | €11,367 | €6,967 | -€4,400 | -38.7% |
| Financial fixed assets | 28 | €33,000 | €33,000 | = | 0.0% |
| Current assets | 29/58 | €248,633 | €266,612 | +€17,979 | +7.2% |
| Stocks and contracts in progress | 3 | €98,556 | €115,675 | +€17,119 | +17.4% |
| Stocks | 30/36 | €22,976 | €12,460 | -€10,516 | -45.8% |
| Contracts in progress | 37 | €75,581 | €103,215 | +€27,634 | +36.6% |
| Amounts receivable within one year | 40/41 | €82,553 | €82,969 | +€416 | +0.5% |
| Trade receivables | 40 | €35,475 | €23,811 | -€11,664 | -32.9% |
| Other amounts receivable | 41 | €47,078 | €59,158 | +€12,080 | +25.7% |
| Cash at bank and in hand | 54/58 | €66,648 | €66,296 | -€353 | -0.5% |
| Deferred charges and accrued income | 490/1 | €876 | €1,672 | +€796 | +90.9% |
| Total equity and liabilities | 10/49 | €298,350 | €324,410 | +€26,060 | +8.7% |
| Equity | 10/15 | €27,505 | €53,809 | +€26,304 | +95.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,005 | €51,309 | +€26,304 | +105% |
| Amounts payable | 17/49 | €270,845 | €270,602 | -€243 | -0.1% |
| Amounts payable after more than one year | 17 | €1,373 | - | -€1,373 | |
| Financial debts | 170/4 | €1,373 | - | -€1,373 | |
| Amounts payable within one year | 42/48 | €269,472 | €270,602 | +€1,130 | +0.4% |
| Financial debts | 43 | €78,300 | - | -€78,300 | |
| Credit institutions | 430/8 | €78,300 | - | -€78,300 | |
| Trade debts | 44 | €97,300 | €112,916 | +€15,615 | +16.0% |
| Suppliers | 440/4 | €97,300 | €112,916 | +€15,615 | +16.0% |
| Advances received on contracts in progress | 46 | €75,581 | €125,829 | +€50,248 | +66.5% |
| Taxes, remuneration and social security | 45 | €14,291 | €27,857 | +€13,566 | +94.9% |
| Taxes | 450/3 | €12,761 | €4,276 | -€8,485 | -66.5% |
| Remuneration and social security | 454/9 | €1,530 | €23,582 | +€22,051 | +1,441% |
| Other amounts payable | 47/48 | €4,000 | €4,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €50,096 | €111,930 | +€61,835 | +123% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €8,695 | +€8,695 | |
| Other operating charges | 640/8 | €5,762 | €6,567 | +€805 | +14.0% |
| Gross operating margin | 9900 | €72,697 | €169,768 | +€97,071 | +134% |
| Operating profit (loss) | 9901 | €16,839 | €42,576 | +€25,737 | +153% |
| Financial income | 75/76B | €45 | €3,841 | +€3,796 | +8,473% |
| Recurring financial income | 75 | €45 | €3,841 | +€3,796 | +8,473% |
| Financial charges | 65/66B | €2,657 | €15,356 | +€12,699 | +478% |
| Recurring financial charges | 65 | €2,657 | €15,356 | +€12,699 | +478% |
| Profit (loss) for the period before taxes | 9903 | €14,227 | €31,060 | +€16,833 | +118% |
| Income taxes | 67/77 | - | €4,756 | +€4,756 | |
| Profit (loss) for the period | 9904 | €14,227 | €26,304 | +€12,077 | +84.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,227 | €26,304 | +€12,077 | +84.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.