Artemys: 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.
Artemys
Largest movements
- Receivables within one year +€68,194
up €68,194 (+89.6%), from €76,136 to €144,330
of which Trade receivables: +€67,618
- Deferred charges and accrued income -€24,856
down €24,856 (-95.3%), from €26,093 to €1,237
- Tangible fixed assets -€15,175
down €15,175 (-29.0%), from €52,296 to €37,122
of which Furniture and vehicles: -€13,290
- Cash -€8,933
down €8,933 (-11.2%), from €79,771 to €70,838
mainly Receivables within one year (-€68,194) and Contributions, distributions and other (-€30,000)
- Other debts +€30,000
new in 2025: €30,000
- Reserves -€18,000
down €18,000 (-15.4%), from €116,860 to €98,860
of which Distributable reserves: -€18,000
- Trade debts +€6,713
up €6,713 (+93.2%), from €7,203 to €13,916
- Staff costs -€39,510
down €39,510 (-28.2%), from €140,281 to €100,771
- Gross operating margin +€37,296
up €37,296 (+36.9%), from €101,120 to €138,416
- Financial charges +€4,086
up €4,086 (+382.9%), from €1,067 to €5,153
- Other operating charges -€3,468
down €3,468 (-46.6%), from €7,441 to €3,973
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 | €237,296 | €256,527 | +€19,231 | +8.1% |
| Fixed assets | 21/28 | €55,296 | €40,122 | -€15,175 | -27.4% |
| Tangible fixed assets | 22/27 | €52,296 | €37,122 | -€15,175 | -29.0% |
| Plant, machinery and equipment | 23 | €3,737 | €1,852 | -€1,884 | -50.4% |
| Furniture and vehicles | 24 | €48,560 | €35,270 | -€13,290 | -27.4% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €182,000 | €216,405 | +€34,405 | +18.9% |
| Amounts receivable within one year | 40/41 | €76,136 | €144,330 | +€68,194 | +89.6% |
| Trade receivables | 40 | €68,288 | €135,906 | +€67,618 | +99.0% |
| Other amounts receivable | 41 | €7,848 | €8,425 | +€577 | +7.3% |
| Cash at bank and in hand | 54/58 | €79,771 | €70,838 | -€8,933 | -11.2% |
| Deferred charges and accrued income | 490/1 | €26,093 | €1,237 | -€24,856 | -95.3% |
| Total equity and liabilities | 10/49 | €237,296 | €256,527 | +€19,231 | +8.1% |
| Equity | 10/15 | €178,553 | €160,662 | -€17,891 | -10.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €116,860 | €98,860 | -€18,000 | -15.4% |
| 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 | €115,000 | €97,000 | -€18,000 | -15.7% |
| Profit (loss) carried forward | 14 | €55,493 | €55,602 | +€109 | +0.2% |
| Amounts payable | 17/49 | €58,743 | €95,865 | +€37,122 | +63.2% |
| Amounts payable within one year | 42/48 | €58,743 | €95,865 | +€37,122 | +63.2% |
| Trade debts | 44 | €7,203 | €13,916 | +€6,713 | +93.2% |
| Suppliers | 440/4 | €7,203 | €13,916 | +€6,713 | +93.2% |
| Taxes, remuneration and social security | 45 | €51,540 | €51,949 | +€409 | +0.8% |
| Taxes | 450/3 | €29,460 | €40,354 | +€10,894 | +37.0% |
| Remuneration and social security | 454/9 | €22,081 | €11,595 | -€10,486 | -47.5% |
| Other amounts payable | 47/48 | - | €30,000 | +€30,000 | |
| Non-recurring operating income | 76A | - | €9,502 | +€9,502 | |
| Remuneration, social security and pensions | 62 | €140,281 | €100,771 | -€39,510 | -28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,969 | €15,175 | -€795 | -5.0% |
| Other operating charges | 640/8 | €7,441 | €3,973 | -€3,468 | -46.6% |
| Gross operating margin | 9900 | €101,120 | €138,416 | +€37,296 | +36.9% |
| Operating profit (loss) | 9901 | -€62,572 | €18,497 | +€81,068 | |
| Financial income | 75/76B | €38 | €41 | +€3 | +9.0% |
| Recurring financial income | 75 | €38 | €41 | +€3 | +9.0% |
| Financial charges | 65/66B | €1,067 | €5,153 | +€4,086 | +382.9% |
| Recurring financial charges | 65 | €1,067 | €5,153 | +€4,086 | +382.9% |
| Profit (loss) for the period before taxes | 9903 | -€63,601 | €13,385 | +€76,986 | |
| Income taxes | 67/77 | €83 | €1,276 | +€1,193 | +1440.7% |
| Profit (loss) for the period | 9904 | -€63,684 | €12,109 | +€75,793 | |
| Profit (loss) for the period to be appropriated | 9905 | -€63,684 | €12,109 | +€75,793 |
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 12 October 2026 via checked.be.