ARTEX MONKEY: 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.
ARTEX MONKEY
Largest movements
- Receivables within one year -€8,791
down €8,791 (-62.0%), from €14,168 to €5,377
of which Trade receivables: -€9,015
- Tangible fixed assets -€3,023
down €3,023 (-32.1%), from €9,423 to €6,400
of which Furniture and vehicles: -€2,193
- Cash -€1,573
no longer reported in 2024 (was €1,573)
mainly Debts after one year (-€7,951) and Tax, wage and social debts (-€7,620)
- Deferred charges and accrued income +€703
new in 2024: €703
- Debts after one year -€7,951
down €7,951 (-40.1%), from €19,808 to €11,858
- Tax, wage and social debts -€7,620
down €7,620 (-80.0%), from €9,529 to €1,909
- Profit (loss) carried forward +€4,800
up €4,800, from -€419 to €4,381
- Current portion of long-term debt +€3,852
up €3,852 (+72.7%), from €5,296 to €9,148
- Other debts -€3,122
no longer reported in 2024 (was €3,122)
- Gross operating margin +€31,091
up €31,091, from -€18,094 to €12,997
- Depreciation +€891
up €891 (+55.4%), from €1,608 to €2,498
- Other operating charges +€803
up €803 (+137%), from €586 to €1,389
- Write-downs -€570
no longer reported in 2024 (was €570)
- Taxes -€223
down €223 (-63.3%), from €352 to €129
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €44,119 | €31,471 | -€12,649 | -28.7% |
| Fixed assets | 21/28 | €9,728 | €6,740 | -€2,988 | -30.7% |
| Tangible fixed assets | 22/27 | €9,423 | €6,400 | -€3,023 | -32.1% |
| Plant, machinery and equipment | 23 | €830 | - | -€830 | |
| Furniture and vehicles | 24 | €8,593 | €6,400 | -€2,193 | -25.5% |
| Financial fixed assets | 28 | €305 | €340 | +€35 | +11.5% |
| Current assets | 29/58 | €34,391 | €24,731 | -€9,661 | -28.1% |
| Amounts receivable after more than one year | 29 | €18,650 | €18,650 | = | 0.0% |
| Other amounts receivable | 291 | €18,650 | €18,650 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €14,168 | €5,377 | -€8,791 | -62.0% |
| Trade receivables | 40 | €14,048 | €5,034 | -€9,015 | -64.2% |
| Other amounts receivable | 41 | €120 | €344 | +€224 | +187% |
| Cash at bank and in hand | 54/58 | €1,573 | - | -€1,573 | |
| Deferred charges and accrued income | 490/1 | - | €703 | +€703 | |
| Total equity and liabilities | 10/49 | €44,119 | €31,471 | -€12,649 | -28.7% |
| Equity | 10/15 | €1,781 | €6,581 | +€4,800 | +269% |
| Contributions | 10/11 | €2,200 | €2,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€419 | €4,381 | +€4,800 | |
| Amounts payable | 17/49 | €42,338 | €24,890 | -€17,449 | -41.2% |
| Amounts payable after more than one year | 17 | €19,808 | €11,858 | -€7,951 | -40.1% |
| Financial debts | 170/4 | €19,808 | €11,858 | -€7,951 | -40.1% |
| Amounts payable within one year | 42/48 | €21,880 | €12,216 | -€9,664 | -44.2% |
| Current portion of amounts payable after more than one year | 42 | €5,296 | €9,148 | +€3,852 | +72.7% |
| Trade debts | 44 | €3,933 | €1,160 | -€2,774 | -70.5% |
| Suppliers | 440/4 | €3,933 | €1,160 | -€2,774 | -70.5% |
| Taxes, remuneration and social security | 45 | €9,529 | €1,909 | -€7,620 | -80.0% |
| Taxes | 450/3 | €9,529 | €1,909 | -€7,620 | -80.0% |
| Other amounts payable | 47/48 | €3,122 | - | -€3,122 | |
| Accrued charges and deferred income | 492/3 | €650 | €816 | +€166 | +25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,608 | €2,498 | +€891 | +55.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €570 | - | -€570 | |
| Other operating charges | 640/8 | €586 | €1,389 | +€803 | +137% |
| Non-recurring operating charges | 66A | - | €3,371 | +€3,371 | |
| Gross operating margin | 9900 | -€18,094 | €12,997 | +€31,091 | |
| Operating profit (loss) | 9901 | -€20,857 | €5,739 | +€26,596 | |
| Financial income | 75/76B | €525 | €535 | +€10 | +2.0% |
| Recurring financial income | 75 | €525 | €535 | +€10 | +2.0% |
| Financial charges | 65/66B | €1,252 | €1,346 | +€94 | +7.5% |
| Recurring financial charges | 65 | €1,252 | €1,346 | +€94 | +7.5% |
| Profit (loss) for the period before taxes | 9903 | -€21,584 | €4,929 | +€26,513 | |
| Income taxes | 67/77 | €352 | €129 | -€223 | -63.3% |
| Profit (loss) for the period | 9904 | -€21,936 | €4,800 | +€26,736 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,936 | €4,800 | +€26,736 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.