ARTEMIS IT: what changed
Two fiscal 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 IT
Largest movements
- Receivables within one year +€22,647
up €22,647 (+120.3%), from €18,821 to €41,468
of which Other amounts receivable: +€27,933
- Receivables after one year -€8,000
down €8,000 (-6.8%), from €118,000 to €110,000
- Cash +€3,495
up €3,495 (+5.1%), from €69,163 to €72,658
mainly Other debts (+€67,370) and Net result for the year (+€30,780)
- Other debts +€67,370
up €67,370 (+311.3%), from €21,640 to €89,010
- Reserves -€46,582
down €46,582 (-33.4%), from €139,277 to €92,695
of which Distributable reserves: -€46,582
- Trade debts -€7,697
down €7,697 (-86.0%), from €8,954 to €1,257
- Tax, wage and social debts +€3,104
up €3,104 (+24.0%), from €12,935 to €16,039
- Gross operating margin -€5,380
down €5,380 (-10.5%), from €51,398 to €46,018
- Taxes -€1,500
down €1,500 (-10.6%), from €14,174 to €12,674
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.
Cash bridge derived
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 | €210,710 | €226,905 | +€16,195 | +7.7% |
| Fixed assets | 21/28 | €4,726 | €2,779 | -€1,947 | -41.2% |
| Tangible fixed assets | 22/27 | €4,726 | €2,779 | -€1,947 | -41.2% |
| Furniture and vehicles | 24 | €4,726 | €2,779 | -€1,947 | -41.2% |
| Current assets | 29/58 | €205,984 | €224,126 | +€18,142 | +8.8% |
| Amounts receivable after more than one year | 29 | €118,000 | €110,000 | -€8,000 | -6.8% |
| Other amounts receivable | 291 | €118,000 | €110,000 | -€8,000 | -6.8% |
| Amounts receivable within one year | 40/41 | €18,821 | €41,468 | +€22,647 | +120.3% |
| Trade receivables | 40 | €13,686 | €8,400 | -€5,286 | -38.6% |
| Other amounts receivable | 41 | €5,135 | €33,068 | +€27,933 | +544.0% |
| Cash at bank and in hand | 54/58 | €69,163 | €72,658 | +€3,495 | +5.1% |
| Total equity and liabilities | 10/49 | €210,710 | €226,905 | +€16,195 | +7.7% |
| Equity | 10/15 | €167,181 | €120,599 | -€46,582 | -27.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €139,277 | €92,695 | -€46,582 | -33.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €137,417 | €90,835 | -€46,582 | -33.9% |
| Profit (loss) carried forward | 14 | €21,704 | €21,704 | = | 0.0% |
| Amounts payable | 17/49 | €43,529 | €106,306 | +€62,777 | +144.2% |
| Amounts payable within one year | 42/48 | €43,529 | €106,306 | +€62,777 | +144.2% |
| Trade debts | 44 | €8,954 | €1,257 | -€7,697 | -86.0% |
| Suppliers | 440/4 | €8,954 | €1,257 | -€7,697 | -86.0% |
| Taxes, remuneration and social security | 45 | €12,935 | €16,039 | +€3,104 | +24.0% |
| Taxes | 450/3 | €12,935 | €16,039 | +€3,104 | +24.0% |
| Other amounts payable | 47/48 | €21,640 | €89,010 | +€67,370 | +311.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,482 | €1,947 | +€465 | +31.4% |
| Other operating charges | 640/8 | €628 | €351 | -€277 | -44.1% |
| Gross operating margin | 9900 | €51,398 | €46,018 | -€5,380 | -10.5% |
| Operating profit (loss) | 9901 | €49,288 | €43,720 | -€5,568 | -11.3% |
| Financial charges | 65/66B | €195 | €266 | +€71 | +36.4% |
| Recurring financial charges | 65 | €195 | €266 | +€71 | +36.4% |
| Profit (loss) for the period before taxes | 9903 | €49,093 | €43,454 | -€5,639 | -11.5% |
| Income taxes | 67/77 | €14,174 | €12,674 | -€1,500 | -10.6% |
| Profit (loss) for the period | 9904 | €34,919 | €30,780 | -€4,139 | -11.9% |
| Profit (loss) for the period to be appropriated | 9905 | €34,919 | €30,780 | -€4,139 | -11.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.