Arthishoeve: 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.
Arthishoeve
Largest movements
- Cash +€37,240
up €37,240 (+93.4%), from €39,872 to €77,112
mainly Net result for the year (+€47,114) and Receivables within one year (+€16,904)
- Receivables within one year -€16,904
down €16,904 (-87.9%), from €19,236 to €2,332
of which Other amounts receivable: -€18,085
- Receivables after one year -€7,000
down €7,000 (-14.0%), from €50,000 to €43,000
- Stocks and contracts +€5,164
up €5,164 (+16.2%), from €31,928 to €37,092
- Tangible fixed assets -€3,267
down €3,267 (-8.4%), from €38,766 to €35,498
of which Plant, machinery and equipment: -€1,975
- Tax, wage and social debts +€9,618
up €9,618 (+68.9%), from €13,960 to €23,578
of which Taxes: +€5,637
- Profit (loss) carried forward +€7,114
up €7,114 (+13.5%), from €52,697 to €59,811
- Accrued charges and deferred income -€6,674
down €6,674 (-86.3%), from €7,736 to €1,062
- Debts after one year -€4,041
down €4,041 (-34.8%), from €11,626 to €7,585
- Current portion of long-term debt +€3,580
up €3,580 (+4.5%), from €78,840 to €82,420
- Gross operating margin +€37,060
up €37,060 (+32.4%), from €114,517 to €151,577
- Staff costs +€14,982
up €14,982 (+28.6%), from €52,429 to €67,411
- Taxes +€6,764
up €6,764 (+79.9%), from €8,470 to €15,234
- Depreciation -€1,934
down €1,934 (-11.3%), from €17,109 to €15,174
- Financial income -€1,546
down €1,546 (-41.8%), from €3,703 to €2,156
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 | €192,776 | €205,631 | +€12,855 | +6.7% |
| Fixed assets | 21/28 | €45,831 | €39,750 | -€6,081 | -13.3% |
| Intangible fixed assets | 21 | €7,036 | €4,222 | -€2,814 | -40.0% |
| Tangible fixed assets | 22/27 | €38,766 | €35,498 | -€3,267 | -8.4% |
| Plant, machinery and equipment | 23 | €6,312 | €4,336 | -€1,975 | -31.3% |
| Furniture and vehicles | 24 | €2,206 | €2,248 | +€42 | +1.9% |
| Other tangible fixed assets | 26 | €30,248 | €28,914 | -€1,334 | -4.4% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €146,945 | €165,881 | +€18,936 | +12.9% |
| Amounts receivable after more than one year | 29 | €50,000 | €43,000 | -€7,000 | -14.0% |
| Other amounts receivable | 291 | €50,000 | €43,000 | -€7,000 | -14.0% |
| Stocks and contracts in progress | 3 | €31,928 | €37,092 | +€5,164 | +16.2% |
| Stocks | 30/36 | €31,928 | €37,092 | +€5,164 | +16.2% |
| Amounts receivable within one year | 40/41 | €19,236 | €2,332 | -€16,904 | -87.9% |
| Trade receivables | 40 | €1,049 | €2,230 | +€1,181 | +113% |
| Other amounts receivable | 41 | €18,187 | €102 | -€18,085 | -99.4% |
| Cash at bank and in hand | 54/58 | €39,872 | €77,112 | +€37,240 | +93.4% |
| Deferred charges and accrued income | 490/1 | €5,908 | €6,344 | +€435 | +7.4% |
| Total equity and liabilities | 10/49 | €192,776 | €205,631 | +€12,855 | +6.7% |
| Equity | 10/15 | €55,197 | €62,311 | +€7,114 | +12.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,697 | €59,811 | +€7,114 | +13.5% |
| Amounts payable | 17/49 | €137,579 | €143,320 | +€5,741 | +4.2% |
| Amounts payable after more than one year | 17 | €11,626 | €7,585 | -€4,041 | -34.8% |
| Financial debts | 170/4 | €11,626 | €7,585 | -€4,041 | -34.8% |
| Amounts payable within one year | 42/48 | €118,217 | €134,673 | +€16,456 | +13.9% |
| Current portion of amounts payable after more than one year | 42 | €78,840 | €82,420 | +€3,580 | +4.5% |
| Trade debts | 44 | €25,417 | €28,119 | +€2,702 | +10.6% |
| Suppliers | 440/4 | €25,417 | €28,119 | +€2,702 | +10.6% |
| Taxes, remuneration and social security | 45 | €13,960 | €23,578 | +€9,618 | +68.9% |
| Taxes | 450/3 | €10,858 | €16,496 | +€5,637 | +51.9% |
| Remuneration and social security | 454/9 | €3,102 | €7,082 | +€3,981 | +128% |
| Other amounts payable | 47/48 | - | €555 | +€555 | |
| Accrued charges and deferred income | 492/3 | €7,736 | €1,062 | -€6,674 | -86.3% |
| Remuneration, social security and pensions | 62 | €52,429 | €67,411 | +€14,982 | +28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,109 | €15,174 | -€1,934 | -11.3% |
| Other operating charges | 640/8 | €875 | €1,645 | +€770 | +88.0% |
| Gross operating margin | 9900 | €114,517 | €151,577 | +€37,060 | +32.4% |
| Operating profit (loss) | 9901 | €44,105 | €67,346 | +€23,242 | +52.7% |
| Financial income | 75/76B | €3,703 | €2,156 | -€1,546 | -41.8% |
| Recurring financial income | 75 | €3,703 | €2,156 | -€1,546 | -41.8% |
| Financial charges | 65/66B | €8,422 | €7,155 | -€1,267 | -15.0% |
| Recurring financial charges | 65 | €8,422 | €7,155 | -€1,267 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | €39,386 | €62,348 | +€22,962 | +58.3% |
| Income taxes | 67/77 | €8,470 | €15,234 | +€6,764 | +79.9% |
| Profit (loss) for the period | 9904 | €30,916 | €47,114 | +€16,199 | +52.4% |
| Profit (loss) for the period to be appropriated | 9905 | €30,916 | €47,114 | +€16,199 | +52.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.