ARTHROCOR: 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.
ARTHROCOR
Largest movements
- Cash +€590,634
up €590,634 (+165.6%), from €356,719 to €947,353
mainly Net result for the year (+€842,673) and Other debts (+€514,138)
- Current investments +€113,144
up €113,144 (+6.3%), from €1.8m to €1.9m
- Receivables within one year -€75,028
down €75,028 (-11.6%), from €649,125 to €574,098
- Other debts +€514,138
up €514,138 (+54.9%), from €937,235 to €1.5m
- Tax, wage and social debts +€133,843
up €133,843 (+1196.7%), from €11,184 to €145,028
- Reserves -€50,000
down €50,000 (-2.5%), from €2.0m to €1.9m
- Financial income +€66,606
up €66,606 (+66.5%), from €100,125 to €166,731
of which Financial income: +€66,175
- Taxes +€37,666
up €37,666 (+13.4%), from €281,520 to €319,186
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.
Cash bridge derived
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 | €2,963,816 | €3,562,532 | +€598,717 | +20.2% |
| Fixed assets | 21/28 | €120,702 | €84,658 | -€36,043 | -29.9% |
| Tangible fixed assets | 22/27 | €110,150 | €78,247 | -€31,903 | -29.0% |
| Plant, machinery and equipment | 23 | €12,687 | €8,592 | -€4,095 | -32.3% |
| Furniture and vehicles | 24 | €97,463 | €69,656 | -€27,807 | -28.5% |
| Financial fixed assets | 28 | €10,552 | €6,411 | -€4,141 | -39.2% |
| Current assets | 29/58 | €2,843,114 | €3,477,874 | +€634,760 | +22.3% |
| Amounts receivable within one year | 40/41 | €649,125 | €574,098 | -€75,028 | -11.6% |
| Other amounts receivable | 41 | €649,125 | €574,098 | -€75,028 | -11.6% |
| Current investments | 50/53 | €1,800,515 | €1,913,659 | +€113,144 | +6.3% |
| Cash at bank and in hand | 54/58 | €356,719 | €947,353 | +€590,634 | +165.6% |
| Deferred charges and accrued income | 490/1 | €36,755 | €42,765 | +€6,010 | +16.4% |
| Total equity and liabilities | 10/49 | €2,963,816 | €3,562,532 | +€598,717 | +20.2% |
| Equity | 10/15 | €1,977,450 | €1,918,457 | -€58,993 | -3.0% |
| Contributions | 10/11 | €60 | €60 | = | 0.0% |
| Reserves | 13 | €1,967,700 | €1,917,700 | -€50,000 | -2.5% |
| Distributable reserves | 133 | €1,967,700 | €1,917,700 | -€50,000 | -2.5% |
| Profit (loss) carried forward | 14 | €9,690 | €697 | -€8,993 | -92.8% |
| Amounts payable | 17/49 | €986,366 | €1,644,076 | +€657,710 | +66.7% |
| Amounts payable within one year | 42/48 | €951,329 | €1,601,704 | +€650,374 | +68.4% |
| Trade debts | 44 | €2,910 | €5,303 | +€2,393 | +82.2% |
| Suppliers | 440/4 | €2,910 | €5,303 | +€2,393 | +82.2% |
| Taxes, remuneration and social security | 45 | €11,184 | €145,028 | +€133,843 | +1196.7% |
| Taxes | 450/3 | €11,184 | €145,028 | +€133,843 | +1196.7% |
| Other amounts payable | 47/48 | €937,235 | €1,451,373 | +€514,138 | +54.9% |
| Accrued charges and deferred income | 492/3 | €35,037 | €42,372 | +€7,335 | +20.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,962 | €31,903 | -€3,059 | -8.8% |
| Other operating charges | 640/8 | €4,260 | €6,413 | +€2,153 | +50.5% |
| Gross operating margin | 9900 | €1,098,470 | €1,088,711 | -€9,759 | -0.9% |
| Operating profit (loss) | 9901 | €1,059,249 | €1,050,396 | -€8,853 | -0.8% |
| Financial income | 75/76B | €100,125 | €166,731 | +€66,606 | +66.5% |
| Recurring financial income | 75 | €100,125 | €166,301 | +€66,175 | +66.1% |
| Non-recurring financial income | 76B | - | €430 | +€430 | |
| Financial charges | 65/66B | €63,164 | €55,268 | -€7,896 | -12.5% |
| Recurring financial charges | 65 | €63,164 | €55,268 | -€7,896 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | €1,096,210 | €1,161,859 | +€65,649 | +6.0% |
| Income taxes | 67/77 | €281,520 | €319,186 | +€37,666 | +13.4% |
| Profit (loss) for the period | 9904 | €814,690 | €842,673 | +€27,984 | +3.4% |
| Profit (loss) for the period to be appropriated | 9905 | €814,690 | €842,673 | +€27,984 | +3.4% |
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 12 October 2026 via checked.be.