ARTIBO: 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.
ARTIBO
Largest movements
- Cash +€6,539
up €6,539 (+53.2%), from €12,282 to €18,821
mainly Other debts (+€8,964) and Net result for the year (+€4,505)
- Other debts +€8,964
up €8,964 (+9.9%), from €90,447 to €99,411
- Accrued charges and deferred income -€5,892
down €5,892 (-100.0%), from €5,892 to €0
- Profit (loss) carried forward +€4,505
up €4,505 (+2.6%), from -€173,520 to -€169,016
- Financial charges -€4,008
down €4,008 (-47.0%), from €8,520 to €4,512
- Gross operating margin -€1,173
down €1,173 (-10.0%), from €11,735 to €10,562
- Other operating charges -€314
down €314 (-16.9%), from €1,859 to €1,545
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 | €121,751 | €128,290 | +€6,539 | +5.4% |
| Fixed assets | 21/28 | €109,469 | €109,469 | = | 0.0% |
| Tangible fixed assets | 22/27 | €109,469 | €109,469 | = | 0.0% |
| Land and buildings | 22 | €109,469 | €109,469 | = | 0.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €12,282 | €18,821 | +€6,539 | +53.2% |
| Cash at bank and in hand | 54/58 | €12,282 | €18,821 | +€6,539 | +53.2% |
| Total equity and liabilities | 10/49 | €121,751 | €128,290 | +€6,539 | +5.4% |
| Equity | 10/15 | €22,649 | €27,153 | +€4,505 | +19.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €134,169 | €134,169 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €127,969 | €127,969 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€173,520 | -€169,016 | +€4,505 | +2.6% |
| Amounts payable | 17/49 | €99,102 | €101,136 | +€2,034 | +2.1% |
| Amounts payable within one year | 42/48 | €93,210 | €101,136 | +€7,926 | +8.5% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €239 | €408 | +€170 | +71.1% |
| Suppliers | 440/4 | €239 | €408 | +€170 | +71.1% |
| Taxes, remuneration and social security | 45 | €2,525 | €1,317 | -€1,208 | -47.8% |
| Taxes | 450/3 | €2,525 | €1,317 | -€1,208 | -47.8% |
| Other amounts payable | 47/48 | €90,447 | €99,411 | +€8,964 | +9.9% |
| Accrued charges and deferred income | 492/3 | €5,892 | €0 | -€5,892 | -100.0% |
| Other operating charges | 640/8 | €1,859 | €1,545 | -€314 | -16.9% |
| Gross operating margin | 9900 | €11,735 | €10,562 | -€1,173 | -10.0% |
| Operating profit (loss) | 9901 | €9,876 | €9,017 | -€859 | -8.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €8,520 | €4,512 | -€4,008 | -47.0% |
| Recurring financial charges | 65 | €8,520 | €4,512 | -€4,008 | -47.0% |
| Profit (loss) for the period before taxes | 9903 | €1,356 | €4,505 | +€3,148 | +232.1% |
| Profit (loss) for the period | 9904 | €1,356 | €4,505 | +€3,148 | +232.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,356 | €4,505 | +€3,148 | +232.1% |
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 9 October 2026 via checked.be.