ARTI: what changed
Two fiscal 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.
ARTI
Largest movements
- Tangible fixed assets +€20,548
up €20,548 (+572.6%), from €3,589 to €24,136
- Cash +€6,650
up €6,650 (+56.5%), from €11,769 to €18,419
mainly Trade debts (+€11,446) and Net result for the year (+€11,255)
- Receivables within one year -€2,806
down €2,806 (-22.2%), from €12,614 to €9,808
of which Other amounts receivable: -€3,380
- Trade debts +€11,446
up €11,446 (+625.8%), from €1,829 to €13,275
- Reserves +€8,900
up €8,900 (+240.7%), from €3,697 to €12,597
of which Distributable reserves: +€11,380
- Profit (loss) carried forward +€2,355
up €2,355, from -€2,355 to €0
- Tax, wage and social debts +€1,691
new in 2025: €1,691
- Gross operating margin +€14,496
up €14,496 (+1359.6%), from €1,066 to €15,563
- Depreciation +€1,290
up €1,290 (+105.6%), from €1,221 to €2,511
- Taxes +€1,192
new in 2025: €1,192
- Other operating charges -€160
down €160 (-26.1%), from €611 to €451
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 | €27,971 | €52,363 | +€24,392 | +87.2% |
| Fixed assets | 21/28 | €3,589 | €24,136 | +€20,548 | +572.6% |
| Tangible fixed assets | 22/27 | €3,589 | €24,136 | +€20,548 | +572.6% |
| Land and buildings | 22 | €1,424 | €8,611 | +€7,187 | +504.8% |
| Plant, machinery and equipment | 23 | €2,165 | €12,426 | +€10,261 | +474.0% |
| Furniture and vehicles | 24 | - | €3,099 | +€3,099 | |
| Current assets | 29/58 | €24,382 | €28,227 | +€3,844 | +15.8% |
| Amounts receivable within one year | 40/41 | €12,614 | €9,808 | -€2,806 | -22.2% |
| Trade receivables | 40 | €0 | €574 | +€574 | |
| Other amounts receivable | 41 | €12,614 | €9,234 | -€3,380 | -26.8% |
| Cash at bank and in hand | 54/58 | €11,769 | €18,419 | +€6,650 | +56.5% |
| Total equity and liabilities | 10/49 | €27,971 | €52,363 | +€24,392 | +87.2% |
| Equity | 10/15 | €26,142 | €37,397 | +€11,255 | +43.1% |
| Contributions | 10/11 | €24,800 | €24,800 | = | 0.0% |
| Reserves | 13 | €3,697 | €12,597 | +€8,900 | +240.7% |
| Non-distributable reserves | 130/1 | €2,480 | €0 | -€2,480 | -100.0% |
| Reserves not available under the articles | 1311 | €2,480 | €0 | -€2,480 | -100.0% |
| Distributable reserves | 133 | €1,217 | €12,597 | +€11,380 | +934.7% |
| Profit (loss) carried forward | 14 | -€2,355 | €0 | +€2,355 | |
| Amounts payable | 17/49 | €1,829 | €14,966 | +€13,137 | +718.2% |
| Amounts payable within one year | 42/48 | €1,829 | €14,966 | +€13,137 | +718.2% |
| Trade debts | 44 | €1,829 | €13,275 | +€11,446 | +625.8% |
| Suppliers | 440/4 | €1,829 | €13,275 | +€11,446 | +625.8% |
| Taxes, remuneration and social security | 45 | - | €1,691 | +€1,691 | |
| Taxes | 450/3 | - | €1,691 | +€1,691 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,221 | €2,511 | +€1,290 | +105.6% |
| Other operating charges | 640/8 | €611 | €451 | -€160 | -26.1% |
| Gross operating margin | 9900 | €1,066 | €15,563 | +€14,496 | +1359.6% |
| Operating profit (loss) | 9901 | -€766 | €12,600 | +€13,366 | |
| Financial charges | 65/66B | €153 | €153 | +€0 | +0.1% |
| Recurring financial charges | 65 | €153 | €153 | +€0 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | -€919 | €12,447 | +€13,366 | |
| Income taxes | 67/77 | - | €1,192 | +€1,192 | |
| Profit (loss) for the period | 9904 | -€919 | €11,255 | +€12,174 | |
| Profit (loss) for the period to be appropriated | 9905 | -€919 | €11,255 | +€12,174 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.