ARTEMIS HOLDING: 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.
What changed
ARTEMIS HOLDING
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€479
2024 · -€3,643+€3,164
Equity
€4.4m
2024 · €4.4m-€479
Cash
€8,130
2024 · €8,130
Balance sheet total
€7.9m
2024 · €8.0m-€92,727
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Trade debts -€119,852
down €119,852 (-29.4%), from €407,812 to €287,959
- Accrued charges and deferred income +€99,931
up €99,931 (+24.6%), from €406,747 to €506,678
- Debts after one year -€82,277
down €82,277 (-3.4%), from €2.4m to €2.3m
Income statement
- Turnover -€28,586
down €28,586 (-3.4%), from €849,652 to €821,066
- Other operating income +€16,408
new in 2025: €16,408
- Services and other goods -€14,236
down €14,236 (-10.4%), from €136,604 to €122,368
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.
Result 2024
-€3,643
Turnover
-€28,586
Other operating income
+€16,408
Services and other goods
+€14,236
Staff costs
+€4,056
Depreciation
-€1,246
Other operating charges
+€1,060
Other operating items
-€4,793
Financial income
+€2,531
Financial charges
-€240
Taxes
-€261
Result 2025
-€479
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€82,277
Investment
€0
Financing
-€82,277
Cash 2024
€8,130
From operations (derived)
+€82,277
Net result for the year
-€479
Depreciation
+€32,643
Receivables within one year
+€57,967
Deferred charges and accrued income
+€2,117
Trade debts
-€119,852
Tax, wage and social debts
+€2,956
Other debts
+€6,993
Accrued charges and deferred income
+€99,931
Financing
-€82,277
Debts after one year
-€82,277
Cash 2025
€8,130
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,030,058 | €7,937,331 | -€92,727 | -1.2% |
| Fixed assets | 21/28 | €7,496,035 | €7,463,392 | -€32,643 | -0.4% |
| Tangible fixed assets | 22/27 | €523,943 | €491,300 | -€32,643 | -6.2% |
| Land and buildings | 22 | €523,943 | €491,300 | -€32,643 | -6.2% |
| Financial fixed assets | 28 | €6,972,092 | €6,972,092 | = | 0.0% |
| Affiliated companies | 280/1 | €6,972,092 | €6,972,092 | = | 0.0% |
| Participating interests | 280 | €6,972,092 | €6,972,092 | = | 0.0% |
| Current assets | 29/58 | €534,023 | €473,939 | -€60,084 | -11.3% |
| Amounts receivable within one year | 40/41 | €523,776 | €465,809 | -€57,967 | -11.1% |
| Trade receivables | 40 | €436,074 | €376,103 | -€59,971 | -13.8% |
| Other amounts receivable | 41 | €87,702 | €89,706 | +€2,003 | +2.3% |
| Cash at bank and in hand | 54/58 | €8,130 | €8,130 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €2,117 | - | -€2,117 | |
| Total equity and liabilities | 10/49 | €8,030,058 | €7,937,331 | -€92,727 | -1.2% |
| Equity | 10/15 | €4,382,538 | €4,382,059 | -€479 | 0.0% |
| Contributions | 10/11 | €2,252,430 | €2,252,430 | = | 0.0% |
| Capital | 10 | €2,252,430 | €2,252,430 | = | 0.0% |
| Issued capital | 100 | €2,252,430 | €2,252,430 | = | 0.0% |
| Reserves | 13 | €2,130,108 | €2,129,629 | -€479 | 0.0% |
| Non-distributable reserves | 130/1 | €225,243 | €225,243 | = | 0.0% |
| Legal reserve | 130 | €225,243 | €225,243 | = | 0.0% |
| Distributable reserves | 133 | €1,904,865 | €1,904,386 | -€479 | 0.0% |
| Amounts payable | 17/49 | €3,647,520 | €3,555,272 | -€92,249 | -2.5% |
| Amounts payable after more than one year | 17 | €2,392,546 | €2,310,269 | -€82,277 | -3.4% |
| Financial debts | 170/4 | €2,392,546 | €2,310,269 | -€82,277 | -3.4% |
| Other loans | 174 | €2,392,546 | €2,310,269 | -€82,277 | -3.4% |
| Amounts payable within one year | 42/48 | €848,228 | €738,325 | -€109,903 | -13.0% |
| Current portion of amounts payable after more than one year | 42 | €25,000 | €25,000 | = | 0.0% |
| Trade debts | 44 | €407,812 | €287,959 | -€119,852 | -29.4% |
| Suppliers | 440/4 | €407,812 | €287,959 | -€119,852 | -29.4% |
| Taxes, remuneration and social security | 45 | €182,304 | €185,260 | +€2,956 | +1.6% |
| Taxes | 450/3 | €79,140 | €78,427 | -€713 | -0.9% |
| Remuneration and social security | 454/9 | €103,164 | €106,833 | +€3,669 | +3.6% |
| Other amounts payable | 47/48 | €233,112 | €240,105 | +€6,993 | +3.0% |
| Accrued charges and deferred income | 492/3 | €406,747 | €506,678 | +€99,931 | +24.6% |
| Operating income | 70/76A | €854,446 | €837,474 | -€16,972 | -2.0% |
| Turnover | 70 | €849,652 | €821,066 | -€28,586 | -3.4% |
| Other operating income | 74 | - | €16,408 | +€16,408 | |
| Non-recurring operating income | 76A | €4,793 | - | -€4,793 | |
| Operating charges | 60/66A | €756,165 | €738,059 | -€18,106 | -2.4% |
| Services and other goods | 61 | €136,604 | €122,368 | -€14,236 | -10.4% |
| Remuneration, social security and pensions | 62 | €583,849 | €579,793 | -€4,056 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,397 | €32,643 | +€1,246 | +4.0% |
| Other operating charges | 640/8 | €4,314 | €3,254 | -€1,060 | -24.6% |
| Operating profit (loss) | 9901 | €98,281 | €99,415 | +€1,134 | +1.2% |
| Financial income | 75/76B | €9,117 | €11,649 | +€2,531 | +27.8% |
| Recurring financial income | 75 | €9,117 | €11,649 | +€2,531 | +27.8% |
| Income from current assets | 751 | €9,117 | €11,649 | +€2,531 | +27.8% |
| Financial charges | 65/66B | €109,364 | €109,604 | +€240 | +0.2% |
| Recurring financial charges | 65 | €109,364 | €109,604 | +€240 | +0.2% |
| Debt charges | 650 | €109,364 | €109,604 | +€240 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,966 | €1,459 | +€3,425 | |
| Income taxes | 67/77 | €1,677 | €1,938 | +€261 | +15.6% |
| Taxes | 670/3 | €1,677 | €1,938 | +€261 | +15.6% |
| Profit (loss) for the period | 9904 | -€3,643 | -€479 | +€3,164 | +86.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,643 | -€479 | +€3,164 | +86.9% |
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 18 October 2026 via checked.be.