artemundé: 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.
artemundé
Largest movements
- Receivables within one year +€20,775
up €20,775 (+180.7%), from €11,498 to €32,273
of which Trade receivables: +€18,205
- Cash -€2,685
down €2,685 (-21.6%), from €12,431 to €9,745
mainly Net result for the year (-€27,016) and Receivables within one year (-€20,775)
- Stocks and contracts +€1,418
up €1,418 (+7.6%), from €18,665 to €20,083
- Tangible fixed assets -€818
down €818 (-47.1%), from €1,735 to €917
- Debts within one year +€45,706
up €45,706 (+60.5%), from €75,511 to €121,217
of which Trade debts: +€44,560
- Profit (loss) carried forward -€27,016
down €27,016 (-79.4%), from -€34,011 to -€61,027
- Purchases and services +€138,078
new in 2022: €138,078
- Turnover +€113,463
new in 2022: €113,463
- Gross operating margin -€15,137
down €15,137 (-160.0%), from -€9,463 to -€24,600
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €44,330 | €63,019 | +€18,690 | +42.2% |
| Fixed assets | 21/28 | €1,735 | €917 | -€818 | -47.1% |
| Tangible fixed assets | 22/27 | €1,735 | €917 | -€818 | -47.1% |
| Plant, machinery and equipment | 23 | €1,735 | €917 | -€818 | -47.1% |
| Current assets | 29/58 | €42,594 | €62,102 | +€19,508 | +45.8% |
| Stocks and contracts in progress | 3 | €18,665 | €20,083 | +€1,418 | +7.6% |
| Stocks | 30/36 | €18,665 | €20,083 | +€1,418 | +7.6% |
| Amounts receivable within one year | 40/41 | €11,498 | €32,273 | +€20,775 | +180.7% |
| Trade receivables | 40 | €11,238 | €29,444 | +€18,205 | +162.0% |
| Other amounts receivable | 41 | €260 | €2,830 | +€2,570 | +989.0% |
| Cash at bank and in hand | 54/58 | €12,431 | €9,745 | -€2,685 | -21.6% |
| Total equity and liabilities | 10/49 | €44,330 | €63,019 | +€18,690 | +42.2% |
| Equity | 10/15 | -€34,011 | -€61,027 | -€27,016 | -79.4% |
| Profit (loss) carried forward | 14 | -€34,011 | -€61,027 | -€27,016 | -79.4% |
| Amounts payable | 17/49 | €78,341 | €124,047 | +€45,706 | +58.3% |
| Amounts payable within one year | 42/48 | €75,511 | €121,217 | +€45,706 | +60.5% |
| Trade debts | 44 | €64,431 | €108,991 | +€44,560 | +69.2% |
| Suppliers | 440/4 | €64,431 | €108,991 | +€44,560 | +69.2% |
| Taxes, remuneration and social security | 45 | €510 | €255 | -€255 | -50.0% |
| Taxes | 450/3 | €510 | €255 | -€255 | -50.0% |
| Accrued charges and deferred income | 492/3 | €2,830 | €2,830 | = | 0.0% |
| Turnover | 70 | - | €113,463 | +€113,463 | |
| Non-recurring operating income | 76A | - | €15 | +€15 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €138,078 | +€138,078 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,891 | €1,584 | -€307 | -16.2% |
| Other operating charges | 640/8 | €650 | €500 | -€150 | -23.1% |
| Non-recurring operating charges | 66A | €19 | -€1 | -€20 | |
| Gross operating margin | 9900 | -€9,463 | -€24,600 | -€15,137 | -160.0% |
| Operating profit (loss) | 9901 | -€12,023 | -€26,683 | -€14,660 | -121.9% |
| Financial charges | 65/66B | €200 | €333 | +€133 | +66.9% |
| Recurring financial charges | 65 | €200 | €333 | +€133 | +66.9% |
| Profit (loss) for the period before taxes | 9903 | -€12,223 | -€27,016 | -€14,793 | -121.0% |
| Profit (loss) for the period | 9904 | -€12,223 | -€27,016 | -€14,793 | -121.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,223 | -€27,016 | -€14,793 | -121.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.