ARTI-DENT PH: 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-DENT PH
Largest movements
- Tangible fixed assets -€29,432
down €29,432 (-14.4%), from €204,144 to €174,711
of which Land and buildings: -€15,025
- Cash +€17,050
up €17,050 (+38.5%), from €44,248 to €61,298
mainly Depreciation (+€29,432) and Net result for the year (+€15,246)
- Debts after one year -€16,668
down €16,668 (-11.1%), from €149,992 to €133,324
- Reserves +€15,246
up €15,246 (+18.0%), from €84,860 to €100,106
of which Distributable reserves: +€15,246
- Gross operating margin -€14,406
down €14,406 (-8.2%), from €175,274 to €160,867
- Write-downs -€13,388
no longer reported in 2025 (was €13,388)
- Staff costs +€12,470
up €12,470 (+14.9%), from €83,504 to €95,974
- Depreciation +€2,914
up €2,914 (+11.0%), from €26,518 to €29,432
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 | €561,453 | €551,626 | -€9,827 | -1.8% |
| Fixed assets | 21/28 | €204,144 | €174,711 | -€29,432 | -14.4% |
| Tangible fixed assets | 22/27 | €204,144 | €174,711 | -€29,432 | -14.4% |
| Land and buildings | 22 | €173,246 | €158,220 | -€15,025 | -8.7% |
| Plant, machinery and equipment | 23 | €14,547 | €6,494 | -€8,052 | -55.4% |
| Furniture and vehicles | 24 | €16,351 | €9,997 | -€6,355 | -38.9% |
| Current assets | 29/58 | €357,309 | €376,915 | +€19,605 | +5.5% |
| Amounts receivable within one year | 40/41 | €176,740 | €179,296 | +€2,555 | +1.4% |
| Trade receivables | 40 | €47,213 | €48,058 | +€844 | +1.8% |
| Other amounts receivable | 41 | €129,527 | €131,238 | +€1,711 | +1.3% |
| Current investments | 50/53 | €136,321 | €136,321 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €44,248 | €61,298 | +€17,050 | +38.5% |
| Total equity and liabilities | 10/49 | €561,453 | €551,626 | -€9,827 | -1.8% |
| Equity | 10/15 | €391,687 | €406,933 | +€15,246 | +3.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €84,860 | €100,106 | +€15,246 | +18.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €83,000 | €98,246 | +€15,246 | +18.4% |
| Profit (loss) carried forward | 14 | €288,227 | €288,227 | +€0 | 0.0% |
| Amounts payable | 17/49 | €169,766 | €144,693 | -€25,073 | -14.8% |
| Amounts payable after more than one year | 17 | €149,992 | €133,324 | -€16,668 | -11.1% |
| Financial debts | 170/4 | €149,992 | €133,324 | -€16,668 | -11.1% |
| Amounts payable within one year | 42/48 | €19,774 | €11,369 | -€8,405 | -42.5% |
| Trade debts | 44 | €11,003 | €7,295 | -€3,708 | -33.7% |
| Suppliers | 440/4 | €11,003 | €7,295 | -€3,708 | -33.7% |
| Taxes, remuneration and social security | 45 | €8,771 | €4,074 | -€4,697 | -53.5% |
| Taxes | 450/3 | €8,216 | €3,815 | -€4,400 | -53.6% |
| Remuneration and social security | 454/9 | €556 | €259 | -€297 | -53.4% |
| Remuneration, social security and pensions | 62 | €83,504 | €95,974 | +€12,470 | +14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,518 | €29,432 | +€2,914 | +11.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €13,388 | - | -€13,388 | |
| Other operating charges | 640/8 | €4,895 | €4,563 | -€331 | -6.8% |
| Gross operating margin | 9900 | €175,274 | €160,867 | -€14,406 | -8.2% |
| Operating profit (loss) | 9901 | €46,970 | €30,898 | -€16,072 | -34.2% |
| Financial income | 75/76B | €7 | €547 | +€540 | +7,936% |
| Recurring financial income | 75 | €7 | €547 | +€540 | +7,936% |
| Financial charges | 65/66B | €4,553 | €2,994 | -€1,560 | -34.2% |
| Recurring financial charges | 65 | €4,553 | €2,994 | -€1,560 | -34.2% |
| Profit (loss) for the period before taxes | 9903 | €42,423 | €28,451 | -€13,972 | -32.9% |
| Income taxes | 67/77 | €12,137 | €13,205 | +€1,068 | +8.8% |
| Profit (loss) for the period | 9904 | €30,286 | €15,246 | -€15,040 | -49.7% |
| Profit (loss) for the period to be appropriated | 9905 | €30,286 | €15,246 | -€15,040 | -49.7% |
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 30 October 2026 via checked.be.