ARTIBREW: 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.
ARTIBREW
Largest movements
- Receivables within one year +€16,028
up €16,028 (+3.7%), from €430,645 to €446,673
of which Other amounts receivable: +€16,028
- Profit (loss) carried forward +€8,007
up €8,007 (+11.4%), from €69,965 to €77,973
- Gross operating margin -€1,819
down €1,819 (-10.6%), from €17,128 to €15,309
- Financial income -€1,436
down €1,436 (-100.0%), from €1,436 to €0
- Taxes -€500
down €500 (-14.3%), from €3,500 to €3,000
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 | €761,862 | €772,541 | +€10,680 | +1.4% |
| Fixed assets | 21/28 | €329,929 | €325,800 | -€4,130 | -1.3% |
| Tangible fixed assets | 22/27 | €28,247 | €24,117 | -€4,130 | -14.6% |
| Other tangible fixed assets | 26 | €28,247 | €24,117 | -€4,130 | -14.6% |
| Financial fixed assets | 28 | €301,682 | €301,682 | = | 0.0% |
| Current assets | 29/58 | €431,932 | €446,742 | +€14,809 | +3.4% |
| Amounts receivable within one year | 40/41 | €430,645 | €446,673 | +€16,028 | +3.7% |
| Trade receivables | 40 | €227,348 | €227,348 | = | 0.0% |
| Other amounts receivable | 41 | €203,297 | €219,325 | +€16,028 | +7.9% |
| Cash at bank and in hand | 54/58 | €1,287 | €69 | -€1,218 | -94.6% |
| Total equity and liabilities | 10/49 | €761,862 | €772,541 | +€10,680 | +1.4% |
| Equity | 10/15 | €601,350 | €609,357 | +€8,007 | +1.3% |
| Contributions | 10/11 | €530,492 | €530,492 | = | 0.0% |
| Capital | 10 | €530,492 | €530,492 | = | 0.0% |
| Issued capital | 100 | €530,492 | €530,492 | = | 0.0% |
| Reserves | 13 | €892 | €892 | = | 0.0% |
| Non-distributable reserves | 130/1 | €892 | €892 | = | 0.0% |
| Legal reserve | 130 | €892 | €892 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,965 | €77,973 | +€8,007 | +11.4% |
| Amounts payable | 17/49 | €160,512 | €163,184 | +€2,672 | +1.7% |
| Amounts payable within one year | 42/48 | €160,512 | €163,184 | +€2,672 | +1.7% |
| Trade debts | 44 | €152,459 | €153,631 | +€1,172 | +0.8% |
| Suppliers | 440/4 | €152,459 | €153,631 | +€1,172 | +0.8% |
| Taxes, remuneration and social security | 45 | €5,065 | €8,065 | +€3,000 | +59.2% |
| Taxes | 450/3 | €5,065 | €8,065 | +€3,000 | +59.2% |
| Other amounts payable | 47/48 | €2,988 | €1,488 | -€1,500 | -50.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,130 | €4,130 | = | 0.0% |
| Gross operating margin | 9900 | €17,128 | €15,309 | -€1,819 | -10.6% |
| Operating profit (loss) | 9901 | €12,998 | €11,179 | -€1,819 | -14.0% |
| Financial income | 75/76B | €1,436 | €0 | -€1,436 | -100.0% |
| Recurring financial income | 75 | €1,436 | €0 | -€1,436 | -100.0% |
| Financial charges | 65/66B | €157 | €172 | +€15 | +9.9% |
| Recurring financial charges | 65 | €157 | €172 | +€15 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | €14,277 | €11,007 | -€3,270 | -22.9% |
| Income taxes | 67/77 | €3,500 | €3,000 | -€500 | -14.3% |
| Profit (loss) for the period | 9904 | €10,777 | €8,007 | -€2,770 | -25.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,777 | €8,007 | -€2,770 | -25.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.