ARTESYS: 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.
ARTESYS
Largest movements
- Current investments -€31,084
no longer reported in 2025 (was €31,084)
- Cash +€787
up €787 (+28.6%), from €2,752 to €3,538
mainly Current investments (+€31,084) and Deferred charges and accrued income (+€628)
- Deferred charges and accrued income -€628
no longer reported in 2025 (was €628)
- Contributions -€30,000
down €30,000 (-96.8%), from €30,987 to €987
- Trade debts -€1,016
no longer reported in 2025 (was €1,016)
- Gross operating margin +€3,801
up €3,801 (+99.5%), from -€3,818 to -€18
- Other operating charges -€375
down €375 (-96.8%), from €387 to €12
- Financial income +€200
up €200 (+128.9%), from €155 to €355
- Financial charges +€114
up €114 (+169.1%), from €67 to €181
- Taxes +€106
new in 2025: €106
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 | €40,221 | €9,128 | -€31,093 | -77.3% |
| Fixed assets | 21/28 | €340 | €82 | -€258 | -75.8% |
| Tangible fixed assets | 22/27 | €340 | €82 | -€258 | -75.8% |
| Furniture and vehicles | 24 | €340 | €82 | -€258 | -75.8% |
| Current assets | 29/58 | €39,882 | €9,046 | -€30,836 | -77.3% |
| Stocks and contracts in progress | 3 | €4,554 | €4,554 | = | 0.0% |
| Stocks | 30/36 | €4,554 | €4,554 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €864 | €954 | +€90 | +10.4% |
| Trade receivables | 40 | - | €908 | +€908 | |
| Other amounts receivable | 41 | €864 | €47 | -€818 | -94.6% |
| Current investments | 50/53 | €31,084 | - | -€31,084 | |
| Cash at bank and in hand | 54/58 | €2,752 | €3,538 | +€787 | +28.6% |
| Deferred charges and accrued income | 490/1 | €628 | - | -€628 | |
| Total equity and liabilities | 10/49 | €40,221 | €9,128 | -€31,093 | -77.3% |
| Equity | 10/15 | €31,879 | €1,659 | -€30,220 | -94.8% |
| Contributions | 10/11 | €30,987 | €987 | -€30,000 | -96.8% |
| Reserves | 13 | €6,210 | €6,210 | = | 0.0% |
| Distributable reserves | 133 | €6,210 | €6,210 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,318 | -€5,538 | -€220 | -4.1% |
| Amounts payable | 17/49 | €8,342 | €7,469 | -€874 | -10.5% |
| Amounts payable within one year | 42/48 | €8,342 | €7,469 | -€874 | -10.5% |
| Trade debts | 44 | €1,016 | - | -€1,016 | |
| Suppliers | 440/4 | €1,016 | - | -€1,016 | |
| Taxes, remuneration and social security | 45 | - | €142 | +€142 | |
| Taxes | 450/3 | - | €142 | +€142 | |
| Other amounts payable | 47/48 | €7,327 | €7,327 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €332 | €258 | -€75 | -22.5% |
| Other operating charges | 640/8 | €387 | €12 | -€375 | -96.8% |
| Gross operating margin | 9900 | -€3,818 | -€18 | +€3,801 | +99.5% |
| Operating profit (loss) | 9901 | -€4,538 | -€288 | +€4,250 | +93.7% |
| Financial income | 75/76B | €155 | €355 | +€200 | +128.9% |
| Recurring financial income | 75 | €155 | €355 | +€200 | +128.9% |
| Financial charges | 65/66B | €67 | €181 | +€114 | +169.1% |
| Recurring financial charges | 65 | €67 | €181 | +€114 | +169.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,450 | -€113 | +€4,337 | +97.5% |
| Income taxes | 67/77 | - | €106 | +€106 | |
| Profit (loss) for the period | 9904 | -€4,450 | -€220 | +€4,230 | +95.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,450 | -€220 | +€4,230 | +95.1% |
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 6 October 2026 via checked.be.