ARTI CHOC: 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.
ARTI CHOC
Largest movements
- Tangible fixed assets -€10,296
down €10,296 (-69.5%), from €14,824 to €4,528
of which Furniture and vehicles: -€7,149
- Receivables within one year -€7,058
down €7,058 (-48.2%), from €14,639 to €7,581
of which Trade receivables: -€4,037
- Cash +€6,198
up €6,198 (+56.2%), from €11,035 to €17,233
mainly Depreciation (+€10,296) and Receivables within one year (+€7,058)
- Stocks and contracts +€4,606
up €4,606 (+32.8%), from €14,051 to €18,657
- Profit (loss) carried forward -€4,861
down €4,861 (-556%), from -€874 to -€5,735
- Current portion of long-term debt -€4,105
no longer reported in 2025 (was €4,105)
- Trade debts +€2,031
up €2,031 (+53.1%), from €3,827 to €5,858
- Depreciation -€1,308
down €1,308 (-11.3%), from €11,604 to €10,296
- Gross operating margin -€417
down €417 (-6.5%), from €6,469 to €6,052
- Financial income -€402
down €402 (-48.5%), from €828 to €426
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 | €54,549 | €47,999 | -€6,550 | -12.0% |
| Fixed assets | 21/28 | €14,824 | €4,528 | -€10,296 | -69.5% |
| Tangible fixed assets | 22/27 | €14,824 | €4,528 | -€10,296 | -69.5% |
| Plant, machinery and equipment | 23 | €7,675 | €4,528 | -€3,147 | -41.0% |
| Furniture and vehicles | 24 | €7,149 | - | -€7,149 | |
| Current assets | 29/58 | €39,725 | €43,471 | +€3,746 | +9.4% |
| Stocks and contracts in progress | 3 | €14,051 | €18,657 | +€4,606 | +32.8% |
| Stocks | 30/36 | €14,051 | €18,657 | +€4,606 | +32.8% |
| Amounts receivable within one year | 40/41 | €14,639 | €7,581 | -€7,058 | -48.2% |
| Trade receivables | 40 | €5,381 | €1,344 | -€4,037 | -75.0% |
| Other amounts receivable | 41 | €9,258 | €6,237 | -€3,021 | -32.6% |
| Cash at bank and in hand | 54/58 | €11,035 | €17,233 | +€6,198 | +56.2% |
| Total equity and liabilities | 10/49 | €54,549 | €47,999 | -€6,550 | -12.0% |
| Equity | 10/15 | €46,106 | €41,245 | -€4,861 | -10.5% |
| Contributions | 10/11 | €23,000 | €23,000 | = | 0.0% |
| Reserves | 13 | €23,980 | €23,980 | = | 0.0% |
| Distributable reserves | 133 | €23,980 | €23,980 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€874 | -€5,735 | -€4,861 | -556% |
| Amounts payable | 17/49 | €8,443 | €6,754 | -€1,689 | -20.0% |
| Amounts payable within one year | 42/48 | €8,443 | €6,754 | -€1,689 | -20.0% |
| Current portion of amounts payable after more than one year | 42 | €4,105 | - | -€4,105 | |
| Trade debts | 44 | €3,827 | €5,858 | +€2,031 | +53.1% |
| Suppliers | 440/4 | €3,827 | €5,858 | +€2,031 | +53.1% |
| Taxes, remuneration and social security | 45 | €512 | €897 | +€385 | +75.2% |
| Taxes | 450/3 | €512 | €897 | +€385 | +75.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,604 | €10,296 | -€1,308 | -11.3% |
| Other operating charges | 640/8 | €686 | €705 | +€20 | +2.9% |
| Gross operating margin | 9900 | €6,469 | €6,052 | -€417 | -6.5% |
| Operating profit (loss) | 9901 | -€5,820 | -€4,949 | +€871 | +15.0% |
| Financial income | 75/76B | €828 | €426 | -€402 | -48.5% |
| Recurring financial income | 75 | €828 | €426 | -€402 | -48.5% |
| Financial charges | 65/66B | €256 | €197 | -€59 | -23.1% |
| Recurring financial charges | 65 | €256 | €197 | -€59 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,248 | -€4,720 | +€528 | +10.1% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€5,388 | -€4,861 | +€527 | +9.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,388 | -€4,861 | +€527 | +9.8% |
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 16 October 2026 via checked.be.