ARTIBO: 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.
ARTIBO
Largest movements
- Cash +€4,185
up €4,185 (+115.9%), from €3,610 to €7,795
mainly Receivables within one year (+€3,653) and Deferred charges and accrued income (+€2,588)
- Receivables within one year -€3,653
down €3,653 (-13.0%), from €28,031 to €24,379
of which Trade receivables: -€3,793
- Deferred charges and accrued income -€2,588
down €2,588 (-32.5%), from €7,967 to €5,379
- Other debts -€1,492
down €1,492 (-6.7%), from €22,177 to €20,685
- Profit (loss) carried forward -€1,048
down €1,048 (-7.2%), from -€14,479 to -€15,527
- Accrued charges and deferred income +€400
new in 2025: €400
- Gross operating margin +€3,805
up €3,805, from -€1,868 to €1,937
- Financial charges -€784
down €784 (-26.0%), from €3,020 to €2,236
- Staff costs -€149
down €149 (-100.0%), from €149 to €0
- Other operating charges +€91
up €91 (+16.3%), from €556 to €647
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 | €39,609 | €37,553 | -€2,055 | -5.2% |
| Current assets | 29/58 | €39,609 | €37,553 | -€2,055 | -5.2% |
| Amounts receivable within one year | 40/41 | €28,031 | €24,379 | -€3,653 | -13.0% |
| Trade receivables | 40 | €27,684 | €23,891 | -€3,793 | -13.7% |
| Other amounts receivable | 41 | €348 | €488 | +€140 | +40.4% |
| Cash at bank and in hand | 54/58 | €3,610 | €7,795 | +€4,185 | +115.9% |
| Deferred charges and accrued income | 490/1 | €7,967 | €5,379 | -€2,588 | -32.5% |
| Total equity and liabilities | 10/49 | €39,609 | €37,553 | -€2,055 | -5.2% |
| Equity | 10/15 | €4,370 | €3,321 | -€1,048 | -24.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €249 | €249 | = | 0.0% |
| Distributable reserves | 133 | €249 | €249 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,479 | -€15,527 | -€1,048 | -7.2% |
| Amounts payable | 17/49 | €35,239 | €34,232 | -€1,007 | -2.9% |
| Amounts payable within one year | 42/48 | €35,239 | €33,832 | -€1,407 | -4.0% |
| Trade debts | 44 | €7,148 | €7,111 | -€37 | -0.5% |
| Suppliers | 440/4 | €7,148 | €7,111 | -€37 | -0.5% |
| Taxes, remuneration and social security | 45 | €5,914 | €6,036 | +€122 | +2.1% |
| Taxes | 450/3 | €3,488 | €3,592 | +€104 | +3.0% |
| Remuneration and social security | 454/9 | €2,426 | €2,444 | +€18 | +0.7% |
| Other amounts payable | 47/48 | €22,177 | €20,685 | -€1,492 | -6.7% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Remuneration, social security and pensions | 62 | €149 | €0 | -€149 | -100.0% |
| Other operating charges | 640/8 | €556 | €647 | +€91 | +16.3% |
| Gross operating margin | 9900 | -€1,868 | €1,937 | +€3,805 | |
| Operating profit (loss) | 9901 | -€2,574 | €1,290 | +€3,864 | |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €3,020 | €2,236 | -€784 | -26.0% |
| Recurring financial charges | 65 | €3,020 | €2,236 | -€784 | -26.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,594 | -€946 | +€4,647 | +83.1% |
| Income taxes | 67/77 | €111 | €102 | -€9 | -8.3% |
| Profit (loss) for the period | 9904 | -€5,705 | -€1,048 | +€4,657 | +81.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,705 | -€1,048 | +€4,657 | +81.6% |
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 2 October 2026 via checked.be.