ARTEO CONSULTING: what changed
ARTEO CONSULTING
Largest movements
- Cash -€55,296
down €55,296 (-64.4%), from €85,851 to €30,554
mainly Other debts (-€30,585) and Contributions, distributions and other (-€23,529)
- Receivables within one year +€11,666
up €11,666 (+1,813%), from €643 to €12,309
of which Trade receivables: +€11,302
- Tangible fixed assets -€2,617
down €2,617 (-4.4%), from €59,797 to €57,180
- Other debts -€30,585
down €30,585 (-37.7%), from €81,203 to €50,618
- Debts after one year -€7,013
down €7,013 (-21.4%), from €32,749 to €25,736
- Tax, wage and social debts -€6,074
down €6,074 (-31.6%), from €19,221 to €13,147
of which Taxes: -€3,077
- Profit (loss) carried forward -€3,696
down €3,696 (-69.0%), from €5,357 to €1,660
- Financial charges +€5,004
up €5,004 (+585%), from €856 to €5,860
- Gross operating margin +€4,483
up €4,483 (+12.4%), from €36,203 to €40,686
- Depreciation +€2,202
up €2,202 (+38.1%), from €5,781 to €7,983
- Financial income +€1,844
up €1,844 (+1,659%), from €111 to €1,955
- Staff costs +€480
up €480 (+33.3%), from €1,440 to €1,920
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €147,405 | €101,252 | -€46,153 | -31.3% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €59,797 | €57,180 | -€2,617 | -4.4% |
| Tangible fixed assets | 22/27 | €59,797 | €57,180 | -€2,617 | -4.4% |
| Plant, machinery and equipment | 23 | €1,588 | €1,068 | -€520 | -32.8% |
| Furniture and vehicles | 24 | €8,664 | €7,413 | -€1,251 | -14.4% |
| Other tangible fixed assets | 26 | €49,545 | €48,699 | -€846 | -1.7% |
| Current assets | 29/58 | €87,608 | €44,073 | -€43,536 | -49.7% |
| Amounts receivable within one year | 40/41 | €643 | €12,309 | +€11,666 | +1,813% |
| Trade receivables | 40 | €375 | €11,677 | +€11,302 | +3,014% |
| Other amounts receivable | 41 | €268 | €632 | +€364 | +136% |
| Cash at bank and in hand | 54/58 | €85,851 | €30,554 | -€55,296 | -64.4% |
| Deferred charges and accrued income | 490/1 | €1,114 | €1,209 | +€95 | +8.5% |
| Total equity and liabilities | 10/49 | €147,405 | €101,252 | -€46,153 | -31.3% |
| Equity | 10/15 | €8,857 | €5,160 | -€3,696 | -41.7% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,357 | €1,660 | -€3,696 | -69.0% |
| Amounts payable | 17/49 | €138,548 | €96,092 | -€42,457 | -30.6% |
| Amounts payable after more than one year | 17 | €32,749 | €25,736 | -€7,013 | -21.4% |
| Financial debts | 170/4 | €32,749 | €25,736 | -€7,013 | -21.4% |
| Amounts payable within one year | 42/48 | €105,800 | €70,356 | -€35,444 | -33.5% |
| Current portion of amounts payable after more than one year | 42 | €5,376 | €5,762 | +€386 | +7.2% |
| Financial debts | 43 | - | €89 | +€89 | |
| Credit institutions | 430/8 | - | €89 | +€89 | |
| Trade debts | 44 | - | €741 | +€741 | |
| Suppliers | 440/4 | - | €741 | +€741 | |
| Taxes, remuneration and social security | 45 | €19,221 | €13,147 | -€6,074 | -31.6% |
| Taxes | 450/3 | €16,224 | €13,147 | -€3,077 | -19.0% |
| Remuneration and social security | 454/9 | €2,997 | - | -€2,997 | |
| Other amounts payable | 47/48 | €81,203 | €50,618 | -€30,585 | -37.7% |
| Remuneration, social security and pensions | 62 | €1,440 | €1,920 | +€480 | +33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,781 | €7,983 | +€2,202 | +38.1% |
| Other operating charges | 640/8 | €430 | €624 | +€194 | +45.1% |
| Gross operating margin | 9900 | €36,203 | €40,686 | +€4,483 | +12.4% |
| Operating profit (loss) | 9901 | €28,552 | €30,159 | +€1,606 | +5.6% |
| Financial income | 75/76B | €111 | €1,955 | +€1,844 | +1,659% |
| Recurring financial income | 75 | €111 | €1,955 | +€1,844 | +1,659% |
| Financial charges | 65/66B | €856 | €5,860 | +€5,004 | +585% |
| Recurring financial charges | 65 | €856 | €5,860 | +€5,004 | +585% |
| Profit (loss) for the period before taxes | 9903 | €27,807 | €26,254 | -€1,553 | -5.6% |
| Income taxes | 67/77 | €6,732 | €6,421 | -€310 | -4.6% |
| Profit (loss) for the period | 9904 | €21,076 | €19,833 | -€1,243 | -5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €21,076 | €19,833 | -€1,243 | -5.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.