ARTEMIS PROPERTY: 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 PROPERTY
Largest movements
- Tangible fixed assets -€427,090
down €427,090 (-4.1%), from €10.4m to €9.9m
of which Land and buildings: -€416,679
- Debts after one year -€594,578
down €594,578 (-5.5%), from €10.9m to €10.3m
- Trade debts +€157,459
up €157,459 (+31.9%), from €493,444 to €650,903
- Current portion of long-term debt +€144,703
up €144,703 (+37.7%), from €383,803 to €528,506
- Financial charges -€28,728
down €28,728 (-8.5%), from €337,053 to €308,325
- Depreciation -€20,849
down €20,849 (-4.6%), from €448,784 to €427,935
- Gross operating margin +€16,873
up €16,873 (+1.6%), from €1.0m to €1.1m
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.
Cash bridge derived
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 | €10,594,556 | €10,213,380 | -€381,176 | -3.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €10,365,226 | €9,938,137 | -€427,090 | -4.1% |
| Tangible fixed assets | 22/27 | €10,364,626 | €9,937,537 | -€427,090 | -4.1% |
| Land and buildings | 22 | €10,351,888 | €9,935,209 | -€416,679 | -4.0% |
| Furniture and vehicles | 24 | €12,739 | €2,327 | -€10,411 | -81.7% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €229,330 | €275,243 | +€45,914 | +20.0% |
| Amounts receivable within one year | 40/41 | €255 | €40,425 | +€40,171 | +15773.0% |
| Trade receivables | 40 | - | €40,213 | +€40,213 | |
| Other amounts receivable | 41 | €255 | €212 | -€42 | -16.6% |
| Cash at bank and in hand | 54/58 | €161,773 | €164,687 | +€2,914 | +1.8% |
| Deferred charges and accrued income | 490/1 | €67,302 | €70,130 | +€2,829 | +4.2% |
| Total equity and liabilities | 10/49 | €10,594,556 | €10,213,380 | -€381,176 | -3.6% |
| Equity | 10/15 | -€1,257,508 | -€1,244,992 | +€12,516 | +1.0% |
| Contributions | 10/11 | €700,000 | €700,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,957,508 | -€1,944,992 | +€12,516 | +0.6% |
| Amounts payable | 17/49 | €11,852,064 | €11,458,372 | -€393,692 | -3.3% |
| Amounts payable after more than one year | 17 | €10,859,082 | €10,264,504 | -€594,578 | -5.5% |
| Financial debts | 170/4 | €10,859,082 | €10,264,504 | -€594,578 | -5.5% |
| Amounts payable within one year | 42/48 | €877,247 | €1,179,409 | +€302,162 | +34.4% |
| Current portion of amounts payable after more than one year | 42 | €383,803 | €528,506 | +€144,703 | +37.7% |
| Trade debts | 44 | €493,444 | €650,903 | +€157,459 | +31.9% |
| Suppliers | 440/4 | €493,444 | €650,903 | +€157,459 | +31.9% |
| Accrued charges and deferred income | 492/3 | €115,735 | €14,459 | -€101,276 | -87.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €448,784 | €427,935 | -€20,849 | -4.6% |
| Other operating charges | 640/8 | €297,094 | €306,367 | +€9,273 | +3.1% |
| Gross operating margin | 9900 | €1,038,270 | €1,055,143 | +€16,873 | +1.6% |
| Operating profit (loss) | 9901 | €292,392 | €320,841 | +€28,448 | +9.7% |
| Financial charges | 65/66B | €337,053 | €308,325 | -€28,728 | -8.5% |
| Recurring financial charges | 65 | €337,053 | €308,325 | -€28,728 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | -€44,660 | €12,516 | +€57,176 | |
| Profit (loss) for the period | 9904 | -€44,660 | €12,516 | +€57,176 | |
| Profit (loss) for the period to be appropriated | 9905 | -€44,660 | €12,516 | +€57,176 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.