ARTHAN: 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.
ARTHAN
Largest movements
- Cash -€392,819
down €392,819 (-45.2%), from €869,747 to €476,928
mainly Contributions, distributions and other (-€350,000) and Other debts (-€337,882)
- Tangible fixed assets +€51,720
up €51,720, from €0 to €51,720
- Other debts -€337,882
down €337,882 (-43.9%), from €770,389 to €432,507
- Reserves +€18,730
up €18,730 (+2324.8%), from €806 to €19,536
of which Distributable reserves: +€18,730
- Accrued charges and deferred income -€14,870
down €14,870 (-100.0%), from €14,870 to €0
- Tax, wage and social debts -€10,172
down €10,172 (-12.2%), from €83,711 to €73,539
of which Remuneration and social security: -€10,334
- Financial charges -€15,049
down €15,049 (-96.5%), from €15,594 to €545
- Financial income -€15,000
down €15,000 (-100.0%), from €15,000 to €0
- Depreciation -€7,386
down €7,386 (-98.1%), from €7,528 to €142
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €892,944 | €544,402 | -€348,542 | -39.0% |
| Fixed assets | 21/28 | €0 | €51,720 | +€51,720 | |
| Tangible fixed assets | 22/27 | €0 | €51,720 | +€51,720 | |
| Furniture and vehicles | 24 | €0 | €51,720 | +€51,720 | |
| Current assets | 29/58 | €892,944 | €492,682 | -€400,261 | -44.8% |
| Amounts receivable within one year | 40/41 | €20,084 | €15,125 | -€4,959 | -24.7% |
| Trade receivables | 40 | €20,084 | €15,125 | -€4,959 | -24.7% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €869,747 | €476,928 | -€392,819 | -45.2% |
| Deferred charges and accrued income | 490/1 | €3,113 | €630 | -€2,483 | -79.8% |
| Total equity and liabilities | 10/49 | €892,944 | €544,402 | -€348,542 | -39.0% |
| Equity | 10/15 | €19,406 | €38,136 | +€18,730 | +96.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €806 | €19,536 | +€18,730 | +2324.8% |
| Tax-exempt reserves | 132 | €806 | €806 | = | 0.0% |
| Distributable reserves | 133 | €0 | €18,730 | +€18,730 | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €873,538 | €506,266 | -€367,272 | -42.0% |
| Amounts payable within one year | 42/48 | €858,669 | €506,266 | -€352,402 | -41.0% |
| Trade debts | 44 | €4,569 | €220 | -€4,349 | -95.2% |
| Suppliers | 440/4 | €4,569 | €220 | -€4,349 | -95.2% |
| Taxes, remuneration and social security | 45 | €83,711 | €73,539 | -€10,172 | -12.2% |
| Taxes | 450/3 | €68,764 | €68,925 | +€162 | +0.2% |
| Remuneration and social security | 454/9 | €14,947 | €4,614 | -€10,334 | -69.1% |
| Other amounts payable | 47/48 | €770,389 | €432,507 | -€337,882 | -43.9% |
| Accrued charges and deferred income | 492/3 | €14,870 | €0 | -€14,870 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,528 | €142 | -€7,386 | -98.1% |
| Other operating charges | 640/8 | €1,455 | €727 | -€729 | -50.1% |
| Gross operating margin | 9900 | €497,086 | €494,128 | -€2,958 | -0.6% |
| Operating profit (loss) | 9901 | €488,103 | €493,260 | +€5,157 | +1.1% |
| Financial income | 75/76B | €15,000 | €0 | -€15,000 | -100.0% |
| Recurring financial income | 75 | €15,000 | €0 | -€15,000 | -100.0% |
| Financial charges | 65/66B | €15,594 | €545 | -€15,049 | -96.5% |
| Recurring financial charges | 65 | €15,594 | €545 | -€15,049 | -96.5% |
| Profit (loss) for the period before taxes | 9903 | €487,509 | €492,715 | +€5,206 | +1.1% |
| Income taxes | 67/77 | €122,557 | €123,984 | +€1,427 | +1.2% |
| Profit (loss) for the period | 9904 | €364,952 | €368,730 | +€3,779 | +1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €364,952 | €368,730 | +€3,779 | +1.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.