Arteo Immo: 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.
Arteo Immo
Largest movements
- Cash +€8,663
up €8,663 (+543%), from €1,595 to €10,258
mainly Net result for the year (+€10,610) and Depreciation (+€3,213)
- Receivables within one year +€2,669
up €2,669 (+12.9%), from €20,733 to €23,402
- Tangible fixed assets -€1,573
down €1,573 (-16.4%), from €9,607 to €8,034
of which Furniture and vehicles: -€1,073
- Deferred charges and accrued income +€550
up €550 (+445%), from €124 to €673
- Reserves +€10,610
up €10,610 (+60.6%), from €17,500 to €28,110
- Tax, wage and social debts -€1,203
down €1,203 (-14.2%), from €8,477 to €7,273
of which Remuneration and social security: -€2,400
- Trade debts +€903
up €903 (+43.4%), from €2,082 to €2,985
- Gross operating margin -€7,166
down €7,166 (-30.7%), from €23,305 to €16,139
- Taxes -€1,547
down €1,547 (-35.1%), from €4,410 to €2,863
- Depreciation +€1,320
up €1,320 (+69.7%), from €1,893 to €3,213
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 | €32,059 | €42,368 | +€10,309 | +32.2% |
| Fixed assets | 21/28 | €9,607 | €8,034 | -€1,573 | -16.4% |
| Tangible fixed assets | 22/27 | €9,607 | €8,034 | -€1,573 | -16.4% |
| Plant, machinery and equipment | 23 | €1,122 | €622 | -€500 | -44.6% |
| Furniture and vehicles | 24 | €8,485 | €7,412 | -€1,073 | -12.6% |
| Current assets | 29/58 | €22,452 | €34,334 | +€11,882 | +52.9% |
| Amounts receivable within one year | 40/41 | €20,733 | €23,402 | +€2,669 | +12.9% |
| Other amounts receivable | 41 | €20,733 | €23,402 | +€2,669 | +12.9% |
| Cash at bank and in hand | 54/58 | €1,595 | €10,258 | +€8,663 | +543% |
| Deferred charges and accrued income | 490/1 | €124 | €673 | +€550 | +445% |
| Total equity and liabilities | 10/49 | €32,059 | €42,368 | +€10,309 | +32.2% |
| Equity | 10/15 | €21,500 | €32,110 | +€10,610 | +49.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €17,500 | €28,110 | +€10,610 | +60.6% |
| Distributable reserves | 133 | €17,500 | €28,110 | +€10,610 | +60.6% |
| Amounts payable | 17/49 | €10,559 | €10,259 | -€300 | -2.8% |
| Amounts payable within one year | 42/48 | €10,559 | €10,259 | -€300 | -2.8% |
| Trade debts | 44 | €2,082 | €2,985 | +€903 | +43.4% |
| Suppliers | 440/4 | €2,082 | €2,985 | +€903 | +43.4% |
| Taxes, remuneration and social security | 45 | €8,477 | €7,273 | -€1,203 | -14.2% |
| Taxes | 450/3 | €6,077 | €7,273 | +€1,197 | +19.7% |
| Remuneration and social security | 454/9 | €2,400 | €0 | -€2,400 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,893 | €3,213 | +€1,320 | +69.7% |
| Other operating charges | 640/8 | €449 | €527 | +€78 | +17.4% |
| Gross operating margin | 9900 | €23,305 | €16,139 | -€7,166 | -30.7% |
| Operating profit (loss) | 9901 | €20,963 | €12,399 | -€8,564 | -40.9% |
| Financial income | 75/76B | €978 | €1,155 | +€176 | +18.0% |
| Recurring financial income | 75 | €978 | €1,155 | +€176 | +18.0% |
| Financial charges | 65/66B | €31 | €80 | +€50 | +161% |
| Recurring financial charges | 65 | €31 | €80 | +€50 | +161% |
| Profit (loss) for the period before taxes | 9903 | €21,910 | €13,473 | -€8,438 | -38.5% |
| Income taxes | 67/77 | €4,410 | €2,863 | -€1,547 | -35.1% |
| Profit (loss) for the period | 9904 | €17,500 | €10,610 | -€6,890 | -39.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,500 | €10,610 | -€6,890 | -39.4% |
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 1 November 2026 via checked.be.