ARTHREX: 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.
What changed
ARTHREX
NACE 46.900, Non-specialised wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.6m
2024 · €1.4m+€213,302
Equity
€6.5m
2024 · €4.9m+€1.6m
Cash
€667,329
2024 · €762,081-€94,752
Balance sheet total
€15.5m
2024 · €14.1m+€1.4m
Largest movements
Assets
- Receivables within one year +€958,441
up €958,441 (+16.0%), from €6.0m to €7.0m
of which Trade receivables: +€982,514
- Stocks and contracts +€314,654
up €314,654 (+6.8%), from €4.6m to €5.0m
Equity and liabilities
- Profit (loss) carried forward +€1.6m
up €1.6m (+35.2%), from €4.6m to €6.2m
- Trade debts -€294,996
down €294,996 (-3.8%), from €7.7m to €7.4m
Income statement
- Turnover +€3.1m
up €3.1m (+11.7%), from €26.5m to €29.6m
- Goods and materials +€1.6m
up €1.6m (+12.3%), from €12.7m to €14.3m
of which Purchases: +€1.6m
- Staff costs +€598,117
up €598,117 (+7.7%), from €7.8m to €8.4m
- Services and other goods +€412,490
up €412,490 (+11.4%), from €3.6m to €4.0m
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.
Result 2024
€1.4m
Turnover
+€3.1m
Other operating income
+€79,096
Goods and materials
-€1.6m
Services and other goods
-€412,490
Staff costs
-€598,117
Depreciation
-€80,254
Write-downs
-€104,497
Other operating charges
-€19,567
Financial income
-€2,455
Financial charges
-€11,401
Taxes
-€168,770
Result 2025
€1.6m
raises the resultlowers the result
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.
From operations
+€1.3m
Investment
-€1.4m
Financing
€0
Cash 2024
€762,081
From operations (derived)
+€1.3m
Net result for the year
+€1.6m
Depreciation
+€1.3m
Stocks and contracts
-€314,654
Receivables within one year
-€958,441
Deferred charges and accrued income
-€96,944
Trade debts
-€294,996
Tax, wage and social debts
+€89,036
Accrued charges and deferred income
-€15,875
Investment (derived)
-€1.4m
Investment in fixed assets (net)
-€1.4m
Cash 2025
€667,329
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,140,001 | €15,521,178 | +€1.4m | +9.8% |
| Fixed assets | 21/28 | €2,402,595 | €2,508,486 | +€105,891 | +4.4% |
| Intangible fixed assets | 21 | €76,777 | €44,259 | -€32,519 | -42.4% |
| Tangible fixed assets | 22/27 | €2,141,359 | €2,231,758 | +€90,399 | +4.2% |
| Plant, machinery and equipment | 23 | €1,663,422 | €1,813,338 | +€149,915 | +9.0% |
| Furniture and vehicles | 24 | €477,936 | €418,420 | -€59,516 | -12.5% |
| Financial fixed assets | 28 | €184,460 | €232,470 | +€48,010 | +26.0% |
| Other financial fixed assets | 284/8 | €184,460 | €232,470 | +€48,010 | +26.0% |
| Amounts receivable and cash guarantees | 285/8 | €184,460 | €232,470 | +€48,010 | +26.0% |
| Current assets | 29/58 | €11,737,406 | €13,012,692 | +€1.3m | +10.9% |
| Stocks and contracts in progress | 3 | €4,641,912 | €4,956,566 | +€314,654 | +6.8% |
| Stocks | 30/36 | €4,641,912 | €4,956,566 | +€314,654 | +6.8% |
| Raw materials and consumables | 30/31 | €2,389 | €2,469 | +€80 | +3.3% |
| Goods purchased for resale | 34 | €4,639,523 | €4,954,097 | +€314,574 | +6.8% |
| Amounts receivable within one year | 40/41 | €6,002,709 | €6,961,150 | +€958,441 | +16.0% |
| Trade receivables | 40 | €5,865,138 | €6,847,652 | +€982,514 | +16.8% |
| Other amounts receivable | 41 | €137,571 | €113,498 | -€24,073 | -17.5% |
| Cash at bank and in hand | 54/58 | €762,081 | €667,329 | -€94,752 | -12.4% |
| Deferred charges and accrued income | 490/1 | €330,704 | €427,648 | +€96,944 | +29.3% |
| Total equity and liabilities | 10/49 | €14,140,001 | €15,521,178 | +€1.4m | +9.8% |
| Equity | 10/15 | €4,940,028 | €6,543,041 | +€1.6m | +32.4% |
| Contributions | 10/11 | €327,730 | €327,730 | = | 0.0% |
| Reserves | 13 | €60,923 | €60,923 | = | 0.0% |
| Distributable reserves | 133 | €60,923 | €60,923 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,551,375 | €6,154,388 | +€1.6m | +35.2% |
| Amounts payable | 17/49 | €9,199,973 | €8,978,137 | -€221,836 | -2.4% |
| Amounts payable within one year | 42/48 | €9,135,633 | €8,929,672 | -€205,960 | -2.3% |
| Trade debts | 44 | €7,704,962 | €7,409,966 | -€294,996 | -3.8% |
| Suppliers | 440/4 | €7,704,962 | €7,409,966 | -€294,996 | -3.8% |
| Taxes, remuneration and social security | 45 | €1,430,671 | €1,519,706 | +€89,036 | +6.2% |
| Taxes | 450/3 | €263,190 | €271,802 | +€8,612 | +3.3% |
| Remuneration and social security | 454/9 | €1,167,481 | €1,247,905 | +€80,424 | +6.9% |
| Accrued charges and deferred income | 492/3 | €64,340 | €48,465 | -€15,875 | -24.7% |
| Operating income | 70/76A | €28,145,303 | €31,321,231 | +€3.2m | +11.3% |
| Turnover | 70 | €26,544,926 | €29,641,757 | +€3.1m | +11.7% |
| Other operating income | 74 | €1,600,377 | €1,679,473 | +€79,096 | +4.9% |
| Operating charges | 60/66A | €26,072,036 | €28,852,037 | +€2.8m | +10.7% |
| Goods for resale, raw materials and consumables | 60 | €12,711,476 | €14,276,552 | +€1.6m | +12.3% |
| Purchases | 600/8 | €13,790,467 | €15,376,711 | +€1.6m | +11.5% |
| Change in stocks: decrease (increase) | 609 | -€1,078,991 | -€1,100,159 | -€21,168 | -2.0% |
| Services and other goods | 61 | €3,608,972 | €4,021,461 | +€412,490 | +11.4% |
| Remuneration, social security and pensions | 62 | €7,794,220 | €8,392,336 | +€598,117 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,198,414 | €1,278,669 | +€80,254 | +6.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €756,294 | €860,791 | +€104,497 | +13.8% |
| Other operating charges | 640/8 | €2,661 | €22,228 | +€19,567 | +735% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Operating profit (loss) | 9901 | €2,073,267 | €2,469,193 | +€395,927 | +19.1% |
| Financial income | 75/76B | €25,629 | €23,175 | -€2,455 | -9.6% |
| Recurring financial income | 75 | €25,629 | €23,175 | -€2,455 | -9.6% |
| Income from current assets | 751 | €25,155 | €21,579 | -€3,576 | -14.2% |
| Other financial income | 752/9 | €475 | €1,596 | +€1,121 | +236% |
| Financial charges | 65/66B | €117,742 | €129,143 | +€11,401 | +9.7% |
| Recurring financial charges | 65 | €117,742 | €129,143 | +€11,401 | +9.7% |
| Debt charges | 650 | €71,986 | €71,827 | -€159 | -0.2% |
| Other financial charges | 652/9 | €45,757 | €57,317 | +€11,560 | +25.3% |
| Profit (loss) for the period before taxes | 9903 | €1,981,153 | €2,363,225 | +€382,071 | +19.3% |
| Income taxes | 67/77 | €591,442 | €760,211 | +€168,770 | +28.5% |
| Taxes | 670/3 | €591,442 | €760,211 | +€168,770 | +28.5% |
| Profit (loss) for the period | 9904 | €1,389,712 | €1,603,013 | +€213,302 | +15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,389,712 | €1,603,013 | +€213,302 | +15.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.