ARTI'CHOC: 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'CHOC
Largest movements
- Tangible fixed assets -€14,293
down €14,293 (-14.6%), from €97,828 to €83,535
of which Furniture and vehicles: -€7,535
- Intangible fixed assets -€7,000
down €7,000 (-11.7%), from €60,066 to €53,066
- Stocks and contracts +€2,891
up €2,891 (+70.1%), from €4,124 to €7,015
- Receivables within one year -€2,756
down €2,756 (-99.1%), from €2,782 to €26
of which Trade receivables: -€1,565
- Deferred charges and accrued income +€2,386
up €2,386 (+279.4%), from €854 to €3,240
- Debts after one year -€35,362
down €35,362 (-35.9%), from €98,410 to €63,048
of which Other amounts payable: -€24,212
- Profit (loss) carried forward +€23,083
up €23,083 (+85.3%), from €27,066 to €50,149
- Trade debts -€14,347
down €14,347 (-68.9%), from €20,827 to €6,479
- Tax, wage and social debts +€12,676
up €12,676 (+98.8%), from €12,832 to €25,508
of which Taxes: +€13,848
- Advances received -€5,408
down €5,408 (-88.0%), from €6,145 to €738
- Gross operating margin -€38,063
down €38,063 (-24.3%), from €156,706 to €118,643
- Staff costs -€20,325
down €20,325 (-27.3%), from €74,531 to €54,206
- Depreciation -€10,373
down €10,373 (-28.5%), from €36,380 to €26,007
- Financial charges -€2,324
down €2,324 (-28.0%), from €8,302 to €5,978
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 | €181,049 | €159,993 | -€21,056 | -11.6% |
| Fixed assets | 21/28 | €157,894 | €136,601 | -€21,293 | -13.5% |
| Intangible fixed assets | 21 | €60,066 | €53,066 | -€7,000 | -11.7% |
| Tangible fixed assets | 22/27 | €97,828 | €83,535 | -€14,293 | -14.6% |
| Plant, machinery and equipment | 23 | €2,217 | €1,095 | -€1,122 | -50.6% |
| Furniture and vehicles | 24 | €35,258 | €27,724 | -€7,535 | -21.4% |
| Other tangible fixed assets | 26 | €60,353 | €54,716 | -€5,637 | -9.3% |
| Current assets | 29/58 | €23,155 | €23,392 | +€237 | +1.0% |
| Stocks and contracts in progress | 3 | €4,124 | €7,015 | +€2,891 | +70.1% |
| Stocks | 30/36 | €4,124 | €7,015 | +€2,891 | +70.1% |
| Amounts receivable within one year | 40/41 | €2,782 | €26 | -€2,756 | -99.1% |
| Trade receivables | 40 | €1,591 | €26 | -€1,565 | -98.4% |
| Other amounts receivable | 41 | €1,191 | - | -€1,191 | |
| Cash at bank and in hand | 54/58 | €15,395 | €13,110 | -€2,284 | -14.8% |
| Deferred charges and accrued income | 490/1 | €854 | €3,240 | +€2,386 | +279.4% |
| Total equity and liabilities | 10/49 | €181,049 | €159,993 | -€21,056 | -11.6% |
| Equity | 10/15 | €30,066 | €53,149 | +€23,083 | +76.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,066 | €50,149 | +€23,083 | +85.3% |
| Amounts payable | 17/49 | €150,984 | €106,844 | -€44,139 | -29.2% |
| Amounts payable after more than one year | 17 | €98,410 | €63,048 | -€35,362 | -35.9% |
| Financial debts | 170/4 | €11,150 | - | -€11,150 | |
| Other amounts payable | 178/9 | €87,260 | €63,048 | -€24,212 | -27.7% |
| Amounts payable within one year | 42/48 | €52,243 | €43,796 | -€8,447 | -16.2% |
| Current portion of amounts payable after more than one year | 42 | €12,439 | €11,071 | -€1,368 | -11.0% |
| Trade debts | 44 | €20,827 | €6,479 | -€14,347 | -68.9% |
| Suppliers | 440/4 | €20,827 | €6,479 | -€14,347 | -68.9% |
| Advances received on contracts in progress | 46 | €6,145 | €738 | -€5,408 | -88.0% |
| Taxes, remuneration and social security | 45 | €12,832 | €25,508 | +€12,676 | +98.8% |
| Taxes | 450/3 | €9,677 | €23,525 | +€13,848 | +143.1% |
| Remuneration and social security | 454/9 | €3,155 | €1,983 | -€1,173 | -37.2% |
| Accrued charges and deferred income | 492/3 | €330 | - | -€330 | |
| Remuneration, social security and pensions | 62 | €74,531 | €54,206 | -€20,325 | -27.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,380 | €26,007 | -€10,373 | -28.5% |
| Other operating charges | 640/8 | €2,259 | €1,263 | -€996 | -44.1% |
| Non-recurring operating charges | 66A | €157 | €220 | +€63 | +40.1% |
| Gross operating margin | 9900 | €156,706 | €118,643 | -€38,063 | -24.3% |
| Operating profit (loss) | 9901 | €43,379 | €36,948 | -€6,431 | -14.8% |
| Financial income | 75/76B | €1 | €4 | +€3 | +438.0% |
| Recurring financial income | 75 | €1 | €4 | +€3 | +438.0% |
| Financial charges | 65/66B | €8,302 | €5,978 | -€2,324 | -28.0% |
| Recurring financial charges | 65 | €8,302 | €5,978 | -€2,324 | -28.0% |
| Profit (loss) for the period before taxes | 9903 | €35,078 | €30,974 | -€4,104 | -11.7% |
| Income taxes | 67/77 | €8,013 | €7,891 | -€122 | -1.5% |
| Profit (loss) for the period | 9904 | €27,066 | €23,083 | -€3,982 | -14.7% |
| Profit (loss) for the period to be appropriated | 9905 | €27,066 | €23,083 | -€3,982 | -14.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.