ARTHE BROADCAST: what changed
ARTHE BROADCAST
Largest movements
- Cash -€9,510
down €9,510 (-56.2%), from €16,910 to €7,400
mainly Receivables after one year (-€9,221) and Debts after one year (-€6,151)
- Receivables after one year +€9,221
up €9,221 (+38.6%), from €23,868 to €33,089
- Tangible fixed assets -€8,453
down €8,453 (-14.0%), from €60,336 to €51,883
of which Furniture and vehicles: -€8,667
- Receivables within one year -€2,353
down €2,353 (-43.6%), from €5,394 to €3,041
of which Other amounts receivable: -€3,563
- Debts after one year -€6,151
down €6,151 (-14.4%), from €42,814 to €36,663
- Reserves -€4,575
down €4,575 (-11.2%), from €41,021 to €36,446
- Gross operating margin -€16,780
down €16,780 (-71.3%), from €23,534 to €6,754
- Other operating charges -€16,166
down €16,166 (-93.6%), from €17,270 to €1,104
- Financial charges -€476
down €476 (-32.3%), from €1,475 to €999
- Financial income +€394
up €394 (+96.7%), from €408 to €802
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €110,066 | €99,166 | -€10,900 | -9.9% |
| Fixed assets | 21/28 | €60,336 | €51,883 | -€8,453 | -14.0% |
| Tangible fixed assets | 22/27 | €60,336 | €51,883 | -€8,453 | -14.0% |
| Plant, machinery and equipment | 23 | €1,655 | €1,868 | +€214 | +12.9% |
| Furniture and vehicles | 24 | €58,682 | €50,015 | -€8,667 | -14.8% |
| Current assets | 29/58 | €49,729 | €47,282 | -€2,447 | -4.9% |
| Amounts receivable after more than one year | 29 | €23,868 | €33,089 | +€9,221 | +38.6% |
| Other amounts receivable | 291 | €23,868 | €33,089 | +€9,221 | +38.6% |
| Amounts receivable within one year | 40/41 | €5,394 | €3,041 | -€2,353 | -43.6% |
| Trade receivables | 40 | €1,831 | €3,041 | +€1,210 | +66.1% |
| Other amounts receivable | 41 | €3,563 | €0 | -€3,563 | -100% |
| Cash at bank and in hand | 54/58 | €16,910 | €7,400 | -€9,510 | -56.2% |
| Deferred charges and accrued income | 490/1 | €3,557 | €3,752 | +€196 | +5.5% |
| Total equity and liabilities | 10/49 | €110,066 | €99,166 | -€10,900 | -9.9% |
| Equity | 10/15 | €59,613 | €55,038 | -€4,575 | -7.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €41,021 | €36,446 | -€4,575 | -11.2% |
| Distributable reserves | 133 | €41,021 | €36,446 | -€4,575 | -11.2% |
| Amounts payable | 17/49 | €50,453 | €44,128 | -€6,325 | -12.5% |
| Amounts payable after more than one year | 17 | €42,814 | €36,663 | -€6,151 | -14.4% |
| Financial debts | 170/4 | €42,814 | €36,663 | -€6,151 | -14.4% |
| Amounts payable within one year | 42/48 | €6,773 | €6,598 | -€175 | -2.6% |
| Current portion of amounts payable after more than one year | 42 | €6,031 | €6,151 | +€120 | +2.0% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Advances received on contracts in progress | 46 | €400 | €0 | -€400 | -100% |
| Taxes, remuneration and social security | 45 | €342 | €446 | +€105 | +30.6% |
| Taxes | 450/3 | €342 | €446 | +€105 | +30.6% |
| Accrued charges and deferred income | 492/3 | €866 | €867 | +€1 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,545 | €9,670 | +€124 | +1.3% |
| Other operating charges | 640/8 | €17,270 | €1,104 | -€16,166 | -93.6% |
| Gross operating margin | 9900 | €23,534 | €6,754 | -€16,780 | -71.3% |
| Operating profit (loss) | 9901 | -€3,281 | -€4,019 | -€738 | -22.5% |
| Financial income | 75/76B | €408 | €802 | +€394 | +96.7% |
| Recurring financial income | 75 | €408 | €802 | +€394 | +96.7% |
| Financial charges | 65/66B | €1,475 | €999 | -€476 | -32.3% |
| Recurring financial charges | 65 | €1,475 | €999 | -€476 | -32.3% |
| Profit (loss) for the period before taxes | 9903 | -€4,348 | -€4,216 | +€132 | +3.0% |
| Income taxes | 67/77 | €317 | €359 | +€42 | +13.4% |
| Profit (loss) for the period | 9904 | -€4,665 | -€4,575 | +€90 | +1.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,665 | -€4,575 | +€90 | +1.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.