ARTEMIS SC: 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 SC
Largest movements
- Receivables within one year +€22,941
up €22,941 (+6.5%), from €351,826 to €374,768
of which Other amounts receivable: +€17,993
- Tangible fixed assets -€14,518
down €14,518 (-35.0%), from €41,503 to €26,985
- Cash -€9,753
down €9,753 (-98.5%), from €9,901 to €148
mainly Receivables within one year (-€22,941) and Debts after one year (-€17,978)
- Other debts +€24,199
new in 2025: €24,199
- Debts after one year -€17,978
down €17,978 (-79.8%), from €22,524 to €4,546
- Trade debts -€11,706
down €11,706 (-46.9%), from €24,979 to €13,273
- Short-term financial debts +€9,508
up €9,508 (+95.1%), from €10,000 to €19,508
- Profit (loss) carried forward -€7,886
down €7,886 (-21.5%), from €36,711 to €28,825
- Gross operating margin -€65,387
down €65,387, from €59,364 to -€6,023
- Taxes -€15,568
down €15,568 (-93.6%), from €16,636 to €1,067
- Depreciation -€4,732
down €4,732 (-25.9%), from €18,284 to €13,552
- Other operating charges -€1,581
down €1,581 (-56.5%), from €2,797 to €1,217
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 | €404,919 | €403,543 | -€1,376 | -0.3% |
| Fixed assets | 21/28 | €41,503 | €26,985 | -€14,518 | -35.0% |
| Tangible fixed assets | 22/27 | €41,503 | €26,985 | -€14,518 | -35.0% |
| Furniture and vehicles | 24 | €41,503 | €26,985 | -€14,518 | -35.0% |
| Current assets | 29/58 | €363,416 | €376,558 | +€13,142 | +3.6% |
| Amounts receivable within one year | 40/41 | €351,826 | €374,768 | +€22,941 | +6.5% |
| Trade receivables | 40 | €21,418 | €26,367 | +€4,949 | +23.1% |
| Other amounts receivable | 41 | €330,408 | €348,401 | +€17,993 | +5.4% |
| Cash at bank and in hand | 54/58 | €9,901 | €148 | -€9,753 | -98.5% |
| Deferred charges and accrued income | 490/1 | €1,689 | €1,642 | -€47 | -2.8% |
| Total equity and liabilities | 10/49 | €404,919 | €403,543 | -€1,376 | -0.3% |
| Equity | 10/15 | €307,222 | €299,336 | -€7,886 | -2.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €258,110 | €258,110 | = | 0.0% |
| Distributable reserves | 133 | €258,110 | €258,110 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,711 | €28,825 | -€7,886 | -21.5% |
| Amounts payable | 17/49 | €97,698 | €104,207 | +€6,509 | +6.7% |
| Amounts payable after more than one year | 17 | €22,524 | €4,546 | -€17,978 | -79.8% |
| Financial debts | 170/4 | €22,524 | €4,546 | -€17,978 | -79.8% |
| Amounts payable within one year | 42/48 | €74,260 | €99,661 | +€25,401 | +34.2% |
| Current portion of amounts payable after more than one year | 42 | €35,588 | €35,978 | +€390 | +1.1% |
| Financial debts | 43 | €10,000 | €19,508 | +€9,508 | +95.1% |
| Credit institutions | 430/8 | €10,000 | €19,508 | +€9,508 | +95.1% |
| Trade debts | 44 | €24,979 | €13,273 | -€11,706 | -46.9% |
| Suppliers | 440/4 | €24,979 | €13,273 | -€11,706 | -46.9% |
| Taxes, remuneration and social security | 45 | €3,693 | €6,703 | +€3,010 | +81.5% |
| Taxes | 450/3 | €3,693 | €6,703 | +€3,010 | +81.5% |
| Other amounts payable | 47/48 | - | €24,199 | +€24,199 | |
| Accrued charges and deferred income | 492/3 | €914 | - | -€914 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,284 | €13,552 | -€4,732 | -25.9% |
| Other operating charges | 640/8 | €2,797 | €1,217 | -€1,581 | -56.5% |
| Gross operating margin | 9900 | €59,364 | -€6,023 | -€65,387 | |
| Operating profit (loss) | 9901 | €38,283 | -€20,792 | -€59,075 | |
| Financial income | 75/76B | €17,410 | €17,676 | +€266 | +1.5% |
| Recurring financial income | 75 | €17,410 | €17,676 | +€266 | +1.5% |
| Financial charges | 65/66B | €4,116 | €3,702 | -€414 | -10.1% |
| Recurring financial charges | 65 | €4,116 | €3,702 | -€414 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | €51,577 | -€6,818 | -€58,395 | |
| Income taxes | 67/77 | €16,636 | €1,067 | -€15,568 | -93.6% |
| Profit (loss) for the period | 9904 | €34,941 | -€7,886 | -€42,827 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,941 | -€7,886 | -€42,827 |
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 10 October 2026 via checked.be.