Artesão: 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.
Artesão
Largest movements
- Current investments +€46,847
new in 2025: €46,847
- Stocks and contracts -€19,959
down €19,959 (-85.3%), from €23,401 to €3,442
- Cash -€7,051
down €7,051 (-85.8%), from €8,219 to €1,167
mainly Current investments (-€46,847) and Receivables within one year (-€4,038)
- Receivables within one year +€4,038
up €4,038 (+67.5%), from €5,983 to €10,020
of which Trade receivables: +€7,652
- Tangible fixed assets -€2,562
down €2,562 (-17.3%), from €14,789 to €12,227
of which Plant, machinery and equipment: -€3,294
- Reserves +€24,498
up €24,498 (+91.1%), from €26,899 to €51,397
- Debts after one year -€2,494
down €2,494 (-55.7%), from €4,474 to €1,980
- Tax, wage and social debts -€1,669
down €1,669 (-39.3%), from €4,244 to €2,575
- Gross operating margin +€13,828
up €13,828 (+59.2%), from €23,344 to €37,172
- Taxes +€3,085
up €3,085 (+83.1%), from €3,713 to €6,798
- Financial charges -€1,576
down €1,576 (-52.5%), from €2,999 to €1,423
- Depreciation +€1,169
up €1,169 (+45.4%), from €2,575 to €3,744
- Other operating charges +€477
up €477 (+186.2%), from €256 to €734
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 | €53,921 | €74,652 | +€20,731 | +38.4% |
| Fixed assets | 21/28 | €14,789 | €12,227 | -€2,562 | -17.3% |
| Tangible fixed assets | 22/27 | €14,789 | €12,227 | -€2,562 | -17.3% |
| Plant, machinery and equipment | 23 | €13,700 | €10,406 | -€3,294 | -24.0% |
| Furniture and vehicles | 24 | €1,089 | €1,821 | +€732 | +67.2% |
| Current assets | 29/58 | €39,132 | €62,425 | +€23,293 | +59.5% |
| Stocks and contracts in progress | 3 | €23,401 | €3,442 | -€19,959 | -85.3% |
| Stocks | 30/36 | €23,401 | €3,442 | -€19,959 | -85.3% |
| Amounts receivable within one year | 40/41 | €5,983 | €10,020 | +€4,038 | +67.5% |
| Trade receivables | 40 | €1,930 | €9,582 | +€7,652 | +396.6% |
| Other amounts receivable | 41 | €4,053 | €439 | -€3,615 | -89.2% |
| Current investments | 50/53 | - | €46,847 | +€46,847 | |
| Cash at bank and in hand | 54/58 | €8,219 | €1,167 | -€7,051 | -85.8% |
| Deferred charges and accrued income | 490/1 | €1,531 | €949 | -€581 | -38.0% |
| Total equity and liabilities | 10/49 | €53,921 | €74,652 | +€20,731 | +38.4% |
| Equity | 10/15 | €29,899 | €54,397 | +€24,498 | +81.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €26,899 | €51,397 | +€24,498 | +91.1% |
| Distributable reserves | 133 | €26,899 | €51,397 | +€24,498 | +91.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €24,022 | €20,255 | -€3,767 | -15.7% |
| Amounts payable after more than one year | 17 | €4,474 | €1,980 | -€2,494 | -55.7% |
| Financial debts | 170/4 | €4,474 | €1,980 | -€2,494 | -55.7% |
| Amounts payable within one year | 42/48 | €18,891 | €17,691 | -€1,200 | -6.4% |
| Current portion of amounts payable after more than one year | 42 | €2,336 | €2,494 | +€158 | +6.8% |
| Trade debts | 44 | €0 | €579 | +€579 | |
| Suppliers | 440/4 | €0 | €579 | +€579 | |
| Taxes, remuneration and social security | 45 | €4,244 | €2,575 | -€1,669 | -39.3% |
| Taxes | 450/3 | €4,244 | €2,575 | -€1,669 | -39.3% |
| Other amounts payable | 47/48 | €12,311 | €12,043 | -€268 | -2.2% |
| Accrued charges and deferred income | 492/3 | €657 | €584 | -€74 | -11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,575 | €3,744 | +€1,169 | +45.4% |
| Other operating charges | 640/8 | €256 | €734 | +€477 | +186.2% |
| Gross operating margin | 9900 | €23,344 | €37,172 | +€13,828 | +59.2% |
| Operating profit (loss) | 9901 | €20,513 | €32,694 | +€12,182 | +59.4% |
| Financial income | 75/76B | €0 | €25 | +€25 | +82100.0% |
| Recurring financial income | 75 | €0 | €25 | +€25 | +82100.0% |
| Financial charges | 65/66B | €2,999 | €1,423 | -€1,576 | -52.5% |
| Recurring financial charges | 65 | €2,999 | €1,423 | -€1,576 | -52.5% |
| Profit (loss) for the period before taxes | 9903 | €17,513 | €31,296 | +€13,783 | +78.7% |
| Income taxes | 67/77 | €3,713 | €6,798 | +€3,085 | +83.1% |
| Profit (loss) for the period | 9904 | €13,801 | €24,498 | +€10,698 | +77.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,801 | €24,498 | +€10,698 | +77.5% |
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.