ARTEMIX: 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.
ARTEMIX
Largest movements
- Receivables within one year +€169,144
up €169,144 (+93.3%), from €181,207 to €350,351
- Cash -€15,863
down €15,863 (-25.6%), from €61,878 to €46,015
mainly Receivables within one year (-€169,144) and Contributions, distributions and other (-€36,000)
- Tangible fixed assets -€14,132
down €14,132 (-3.0%), from €477,670 to €463,537
of which Furniture and vehicles: -€7,550
- Trade debts +€94,488
up €94,488 (+74.8%), from €126,353 to €220,841
- Profit (loss) carried forward +€53,036
up €53,036 (+33.7%), from €157,496 to €210,532
- Debts after one year -€24,555
down €24,555 (-6.9%), from €356,352 to €331,798
- Tax, wage and social debts +€16,427
up €16,427 (+43.8%), from €37,528 to €53,955
of which Remuneration and social security: +€10,892
- Gross operating margin +€50,525
up €50,525 (+29.0%), from €174,065 to €224,590
- Staff costs +€35,018
up €35,018 (+227%), from €15,453 to €50,470
- Depreciation +€7,550
up €7,550 (+24.6%), from €30,659 to €38,208
- Taxes +€3,054
up €3,054 (+10.7%), from €28,633 to €31,687
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €724,002 | €863,963 | +€139,961 | +19.3% |
| Fixed assets | 21/28 | €477,970 | €463,837 | -€14,132 | -3.0% |
| Tangible fixed assets | 22/27 | €477,670 | €463,537 | -€14,132 | -3.0% |
| Land and buildings | 22 | €387,885 | €388,800 | +€916 | +0.2% |
| Plant, machinery and equipment | 23 | €74,378 | €66,880 | -€7,498 | -10.1% |
| Furniture and vehicles | 24 | €15,407 | €7,857 | -€7,550 | -49.0% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €246,033 | €400,126 | +€154,093 | +62.6% |
| Amounts receivable within one year | 40/41 | €181,207 | €350,351 | +€169,144 | +93.3% |
| Trade receivables | 40 | €181,207 | €350,351 | +€169,144 | +93.3% |
| Cash at bank and in hand | 54/58 | €61,878 | €46,015 | -€15,863 | -25.6% |
| Deferred charges and accrued income | 490/1 | €2,948 | €3,760 | +€812 | +27.5% |
| Total equity and liabilities | 10/49 | €724,002 | €863,963 | +€139,961 | +19.3% |
| Equity | 10/15 | €177,956 | €230,992 | +€53,036 | +29.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €157,496 | €210,532 | +€53,036 | +33.7% |
| Amounts payable | 17/49 | €546,047 | €632,971 | +€86,924 | +15.9% |
| Amounts payable after more than one year | 17 | €356,352 | €331,798 | -€24,555 | -6.9% |
| Financial debts | 170/4 | €356,352 | €331,798 | -€24,555 | -6.9% |
| Amounts payable within one year | 42/48 | €189,694 | €301,173 | +€111,479 | +58.8% |
| Current portion of amounts payable after more than one year | 42 | €25,401 | €26,278 | +€878 | +3.5% |
| Trade debts | 44 | €126,353 | €220,841 | +€94,488 | +74.8% |
| Suppliers | 440/4 | €126,353 | €220,841 | +€94,488 | +74.8% |
| Taxes, remuneration and social security | 45 | €37,528 | €53,955 | +€16,427 | +43.8% |
| Taxes | 450/3 | €34,096 | €39,631 | +€5,535 | +16.2% |
| Remuneration and social security | 454/9 | €3,433 | €14,324 | +€10,892 | +317% |
| Other amounts payable | 47/48 | €412 | €98 | -€314 | -76.1% |
| Remuneration, social security and pensions | 62 | €15,453 | €50,470 | +€35,018 | +227% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,659 | €38,208 | +€7,550 | +24.6% |
| Other operating charges | 640/8 | €2,116 | €2,184 | +€68 | +3.2% |
| Gross operating margin | 9900 | €174,065 | €224,590 | +€50,525 | +29.0% |
| Operating profit (loss) | 9901 | €125,837 | €133,727 | +€7,890 | +6.3% |
| Financial income | 75/76B | €178 | €102 | -€76 | -42.6% |
| Recurring financial income | 75 | €178 | €102 | -€76 | -42.6% |
| Financial charges | 65/66B | €12,679 | €13,105 | +€426 | +3.4% |
| Recurring financial charges | 65 | €12,679 | €13,105 | +€426 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €113,335 | €120,723 | +€7,388 | +6.5% |
| Income taxes | 67/77 | €28,633 | €31,687 | +€3,054 | +10.7% |
| Profit (loss) for the period | 9904 | €84,702 | €89,036 | +€4,334 | +5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €84,702 | €89,036 | +€4,334 | +5.1% |
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 16 October 2026 via checked.be.