ARTIC: 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.
ARTIC
Largest movements
- Cash +€11,334
up €11,334 (+74.9%), from €15,129 to €26,462
mainly Net result for the year (+€9,266) and Depreciation (+€5,660)
- Tangible fixed assets -€5,660
down €5,660 (-51.0%), from €11,105 to €5,445
of which Plant, machinery and equipment: -€4,301
- Receivables within one year +€4,005
up €4,005 (+82.7%), from €4,840 to €8,845
of which Other amounts receivable: +€5,624
- Profit (loss) carried forward +€9,266
up €9,266 (+36.5%), from €25,370 to €34,636
- Turnover -€77,613
no longer reported in 2025 (was €77,613)
- Purchases and services -€63,383
no longer reported in 2025 (was €63,383)
- Gross operating margin +€4,244
up €4,244 (+29.8%), from €14,230 to €18,474
- Other operating charges -€4,087
down €4,087 (-86.9%), from €4,704 to €617
- Taxes +€2,015
up €2,015 (+219.6%), from €917 to €2,933
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 | €31,074 | €40,753 | +€9,679 | +31.1% |
| Fixed assets | 21/28 | €11,105 | €5,445 | -€5,660 | -51.0% |
| Tangible fixed assets | 22/27 | €11,105 | €5,445 | -€5,660 | -51.0% |
| Plant, machinery and equipment | 23 | €8,414 | €4,113 | -€4,301 | -51.1% |
| Furniture and vehicles | 24 | €2,691 | €1,332 | -€1,358 | -50.5% |
| Current assets | 29/58 | €19,968 | €35,307 | +€15,339 | +76.8% |
| Amounts receivable within one year | 40/41 | €4,840 | €8,845 | +€4,005 | +82.7% |
| Trade receivables | 40 | €4,666 | €3,048 | -€1,619 | -34.7% |
| Other amounts receivable | 41 | €173 | €5,797 | +€5,624 | +3243.7% |
| Cash at bank and in hand | 54/58 | €15,129 | €26,462 | +€11,334 | +74.9% |
| Total equity and liabilities | 10/49 | €31,074 | €40,753 | +€9,679 | +31.1% |
| Equity | 10/15 | €27,870 | €37,136 | +€9,266 | +33.2% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,370 | €34,636 | +€9,266 | +36.5% |
| Amounts payable | 17/49 | €3,203 | €3,616 | +€413 | +12.9% |
| Amounts payable within one year | 42/48 | €3,203 | €3,616 | +€413 | +12.9% |
| Trade debts | 44 | €555 | €615 | +€61 | +10.9% |
| Suppliers | 440/4 | €555 | €615 | +€61 | +10.9% |
| Taxes, remuneration and social security | 45 | €2,648 | €3,001 | +€353 | +13.3% |
| Taxes | 450/3 | €2,648 | €3,001 | +€353 | +13.3% |
| Turnover | 70 | €77,613 | - | -€77,613 | |
| Goods, raw materials, services and sundry goods | 60/61 | €63,383 | - | -€63,383 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,660 | €5,660 | = | 0.0% |
| Other operating charges | 640/8 | €4,704 | €617 | -€4,087 | -86.9% |
| Gross operating margin | 9900 | €14,230 | €18,474 | +€4,244 | +29.8% |
| Operating profit (loss) | 9901 | €3,866 | €12,197 | +€8,331 | +215.5% |
| Financial income | 75/76B | €21 | €77 | +€56 | +272.0% |
| Recurring financial income | 75 | €21 | €77 | +€56 | +272.0% |
| Financial charges | 65/66B | €108 | €75 | -€33 | -30.4% |
| Recurring financial charges | 65 | €108 | €75 | -€33 | -30.4% |
| Profit (loss) for the period before taxes | 9903 | €3,778 | €12,199 | +€8,420 | +222.9% |
| Income taxes | 67/77 | €917 | €2,933 | +€2,015 | +219.6% |
| Profit (loss) for the period | 9904 | €2,861 | €9,266 | +€6,405 | +223.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,861 | €9,266 | +€6,405 | +223.9% |
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 6 October 2026 via checked.be.