ARTEPLUS: 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.
ARTEPLUS
Largest movements
- Receivables within one year +€15,287
up €15,287 (+117.7%), from €12,987 to €28,274
of which Other amounts receivable: +€12,791
- Tangible fixed assets -€10,511
down €10,511 (-39.5%), from €26,640 to €16,129
of which Furniture and vehicles: -€8,540
- Deferred charges and accrued income +€10,374
up €10,374 (+391.3%), from €2,651 to €13,025
- Cash +€7,470
up €7,470 (+142.6%), from €5,238 to €12,708
mainly Net result for the year (+€17,973) and Debts after one year (+€11,178)
- Profit (loss) carried forward +€17,973
up €17,973, from -€14,031 to €3,942
- Debts after one year +€11,178
up €11,178 (+89.3%), from €12,522 to €23,700
- Tax, wage and social debts -€5,986
down €5,986 (-40.1%), from €14,931 to €8,945
of which Remuneration and social security: -€6,314
- Trade debts +€5,757
up €5,757 (+72.4%), from €7,952 to €13,709
- Accrued charges and deferred income -€3,589
down €3,589 (-89.1%), from €4,030 to €441
- Gross operating margin +€45,495
up €45,495, from -€15,992 to €29,503
- Depreciation -€387
down €387 (-4.4%), from €8,733 to €8,346
- Financial charges -€302
down €302 (-13.8%), from €2,185 to €1,883
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 | €58,566 | €81,186 | +€22,620 | +38.6% |
| Fixed assets | 21/28 | €32,085 | €21,574 | -€10,511 | -32.8% |
| Tangible fixed assets | 22/27 | €26,640 | €16,129 | -€10,511 | -39.5% |
| Plant, machinery and equipment | 23 | €3,227 | €1,256 | -€1,971 | -61.1% |
| Furniture and vehicles | 24 | €23,413 | €14,873 | -€8,540 | -36.5% |
| Financial fixed assets | 28 | €5,445 | €5,445 | = | 0.0% |
| Current assets | 29/58 | €26,481 | €59,612 | +€33,131 | +125.1% |
| Stocks and contracts in progress | 3 | €5,605 | €5,605 | = | 0.0% |
| Stocks | 30/36 | €5,605 | €5,605 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,987 | €28,274 | +€15,287 | +117.7% |
| Trade receivables | 40 | €11,723 | €14,219 | +€2,496 | +21.3% |
| Other amounts receivable | 41 | €1,264 | €14,055 | +€12,791 | +1011.9% |
| Cash at bank and in hand | 54/58 | €5,238 | €12,708 | +€7,470 | +142.6% |
| Deferred charges and accrued income | 490/1 | €2,651 | €13,025 | +€10,374 | +391.3% |
| Total equity and liabilities | 10/49 | €58,566 | €81,186 | +€22,620 | +38.6% |
| Equity | 10/15 | €8,228 | €26,201 | +€17,973 | +218.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €9,859 | €9,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,031 | €3,942 | +€17,973 | |
| Amounts payable | 17/49 | €50,338 | €54,985 | +€4,647 | +9.2% |
| Amounts payable after more than one year | 17 | €12,522 | €23,700 | +€11,178 | +89.3% |
| Financial debts | 170/4 | €12,522 | €23,700 | +€11,178 | +89.3% |
| Amounts payable within one year | 42/48 | €33,786 | €30,844 | -€2,942 | -8.7% |
| Current portion of amounts payable after more than one year | 42 | €7,597 | €8,190 | +€593 | +7.8% |
| Trade debts | 44 | €7,952 | €13,709 | +€5,757 | +72.4% |
| Suppliers | 440/4 | €7,952 | €13,709 | +€5,757 | +72.4% |
| Taxes, remuneration and social security | 45 | €14,931 | €8,945 | -€5,986 | -40.1% |
| Taxes | 450/3 | €8,617 | €8,945 | +€328 | +3.8% |
| Remuneration and social security | 454/9 | €6,314 | - | -€6,314 | |
| Other amounts payable | 47/48 | €3,306 | - | -€3,306 | |
| Accrued charges and deferred income | 492/3 | €4,030 | €441 | -€3,589 | -89.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,733 | €8,346 | -€387 | -4.4% |
| Other operating charges | 640/8 | €1,306 | €1,160 | -€146 | -11.2% |
| Gross operating margin | 9900 | -€15,992 | €29,503 | +€45,495 | |
| Operating profit (loss) | 9901 | -€26,031 | €19,997 | +€46,028 | |
| Financial income | 75/76B | €90 | - | -€90 | |
| Recurring financial income | 75 | €90 | - | -€90 | |
| Financial charges | 65/66B | €2,185 | €1,883 | -€302 | -13.8% |
| Recurring financial charges | 65 | €2,185 | €1,883 | -€302 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | -€28,126 | €18,114 | +€46,240 | |
| Income taxes | 67/77 | €221 | €141 | -€80 | -36.2% |
| Profit (loss) for the period | 9904 | -€28,347 | €17,973 | +€46,320 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,347 | €17,973 | +€46,320 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.