ARTERRIS: 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.
ARTERRIS
Largest movements
- Stocks and contracts -€107,157
down €107,157 (-18.1%), from €591,833 to €484,675
- Other debts -€107,743
down €107,743 (-18.0%), from €596,941 to €489,198
- Gross operating margin +€4,571
up €4,571 (+12.9%), from €35,322 to €39,893
- Financial charges +€2,486
up €2,486 (+6.9%), from €35,879 to €38,365
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 | €591,968 | €485,697 | -€106,271 | -18.0% |
| Formation expenses | 20 | - | €0 | = | |
| Current assets | 29/58 | €591,968 | €485,697 | -€106,271 | -18.0% |
| Stocks and contracts in progress | 3 | €591,833 | €484,675 | -€107,157 | -18.1% |
| Stocks | 30/36 | €591,833 | €484,675 | -€107,157 | -18.1% |
| Amounts receivable within one year | 40/41 | €20 | €180 | +€160 | +800.0% |
| Trade receivables | 40 | - | €0 | = | |
| Other amounts receivable | 41 | €20 | €180 | +€160 | +800.0% |
| Cash at bank and in hand | 54/58 | €116 | €842 | +€726 | +629.0% |
| Total equity and liabilities | 10/49 | €591,968 | €485,697 | -€106,271 | -18.0% |
| Equity | 10/15 | -€4,973 | -€3,628 | +€1,345 | +27.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,973 | -€6,628 | +€1,345 | +16.9% |
| Amounts payable | 17/49 | €596,941 | €489,325 | -€107,616 | -18.0% |
| Amounts payable within one year | 42/48 | €596,941 | €489,325 | -€107,616 | -18.0% |
| Trade debts | 44 | - | €127 | +€127 | |
| Suppliers | 440/4 | - | €127 | +€127 | |
| Other amounts payable | 47/48 | €596,941 | €489,198 | -€107,743 | -18.0% |
| Other operating charges | 640/8 | €131 | €183 | +€52 | +39.7% |
| Gross operating margin | 9900 | €35,322 | €39,893 | +€4,571 | +12.9% |
| Operating profit (loss) | 9901 | €35,191 | €39,710 | +€4,519 | +12.8% |
| Financial charges | 65/66B | €35,879 | €38,365 | +€2,486 | +6.9% |
| Recurring financial charges | 65 | €35,879 | €38,365 | +€2,486 | +6.9% |
| Profit (loss) for the period before taxes | 9903 | -€688 | €1,345 | +€2,033 | |
| Profit (loss) for the period | 9904 | -€688 | €1,345 | +€2,033 | |
| Profit (loss) for the period to be appropriated | 9905 | -€688 | €1,345 | +€2,033 |
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.