Arthartha: 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.
Arthartha
Largest movements
- Tangible fixed assets +€20,890
up €20,890 (+3,260%), from €641 to €21,531
of which Furniture and vehicles: +€14,440
- Receivables within one year +€6,143
up €6,143 (+224%), from €2,743 to €8,886
of which Other amounts receivable: +€3,593
- Cash +€1,146
up €1,146 (+4.5%), from €25,286 to €26,432
mainly Other debts (+€40,204) and Net result for the year (+€12,441)
- Other debts +€40,204
up €40,204 (+2,753%), from €1,460 to €41,665
- Profit (loss) carried forward -€22,209
no longer reported in 2025 (was €22,209)
- Tax, wage and social debts +€6,727
new in 2025: €6,727
- Trade debts +€4,006
new in 2025: €4,006
- Gross operating margin +€23,422
up €23,422, from -€4,180 to €19,243
- Other operating charges +€2,707
up €2,707 (+699%), from €387 to €3,095
- Depreciation +€2,191
up €2,191 (+488%), from €449 to €2,640
- Taxes +€914
new in 2025: €914
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.
Derived cash bridge
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 | €28,669 | €57,398 | +€28,728 | +100% |
| Fixed assets | 21/28 | €641 | €21,531 | +€20,890 | +3,260% |
| Tangible fixed assets | 22/27 | €641 | €21,531 | +€20,890 | +3,260% |
| Furniture and vehicles | 24 | €641 | €15,081 | +€14,440 | +2,254% |
| Other tangible fixed assets | 26 | - | €6,450 | +€6,450 | |
| Current assets | 29/58 | €28,029 | €35,867 | +€7,838 | +28.0% |
| Amounts receivable within one year | 40/41 | €2,743 | €8,886 | +€6,143 | +224% |
| Trade receivables | 40 | €2,250 | €4,800 | +€2,550 | +113% |
| Other amounts receivable | 41 | €493 | €4,086 | +€3,593 | +729% |
| Cash at bank and in hand | 54/58 | €25,286 | €26,432 | +€1,146 | +4.5% |
| Deferred charges and accrued income | 490/1 | - | €549 | +€549 | |
| Total equity and liabilities | 10/49 | €28,669 | €57,398 | +€28,728 | +100% |
| Equity | 10/15 | €27,209 | €5,000 | -€22,209 | -81.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,209 | - | -€22,209 | |
| Amounts payable | 17/49 | €1,460 | €52,398 | +€50,938 | +3,488% |
| Amounts payable within one year | 42/48 | €1,460 | €52,398 | +€50,938 | +3,488% |
| Trade debts | 44 | - | €4,006 | +€4,006 | |
| Suppliers | 440/4 | - | €4,006 | +€4,006 | |
| Taxes, remuneration and social security | 45 | - | €6,727 | +€6,727 | |
| Taxes | 450/3 | - | €6,727 | +€6,727 | |
| Other amounts payable | 47/48 | €1,460 | €41,665 | +€40,204 | +2,753% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €449 | €2,640 | +€2,191 | +488% |
| Other operating charges | 640/8 | €387 | €3,095 | +€2,707 | +699% |
| Gross operating margin | 9900 | -€4,180 | €19,243 | +€23,422 | |
| Operating profit (loss) | 9901 | -€5,016 | €13,508 | +€18,524 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €238 | €155 | -€84 | -35.1% |
| Recurring financial charges | 65 | €238 | €155 | -€84 | -35.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,254 | €13,355 | +€18,609 | |
| Income taxes | 67/77 | - | €914 | +€914 | |
| Profit (loss) for the period | 9904 | -€5,254 | €12,441 | +€17,694 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,254 | €12,441 | +€17,694 |
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 13 October 2026 via checked.be.