Artichoque by Jonathan: 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.
Artichoque by Jonathan
Largest movements
- Cash +€26,609
up €26,609 (+23.6%), from €112,854 to €139,463
mainly Net result for the year (+€20,049) and Depreciation (+€8,302)
- Reserves +€20,049
up €20,049 (+19.8%), from €101,147 to €121,196
- Trade debts +€8,219
up €8,219 (+2,969%), from €277 to €8,496
- Tax, wage and social debts -€1,871
down €1,871 (-7.3%), from €25,746 to €23,875
of which Taxes: -€1,018
- Gross operating margin -€14,413
down €14,413 (-26.0%), from €55,414 to €41,002
- Depreciation +€5,824
up €5,824 (+235%), from €2,478 to €8,302
- Taxes -€3,050
down €3,050 (-21.1%), from €14,486 to €11,436
- Financial charges -€859
down €859 (-89.8%), from €957 to €98
- Other operating charges -€650
down €650 (-36.6%), from €1,778 to €1,128
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 | €160,007 | €186,143 | +€26,135 | +16.3% |
| Fixed assets | 21/28 | €26,414 | €26,713 | +€298 | +1.1% |
| Tangible fixed assets | 22/27 | €24,514 | €24,813 | +€298 | +1.2% |
| Land and buildings | 22 | €1,601 | €1,196 | -€405 | -25.3% |
| Plant, machinery and equipment | 23 | €1,559 | €4,614 | +€3,055 | +196% |
| Furniture and vehicles | 24 | €21,354 | €19,003 | -€2,351 | -11.0% |
| Financial fixed assets | 28 | €1,900 | €1,900 | = | 0.0% |
| Current assets | 29/58 | €133,593 | €159,430 | +€25,837 | +19.3% |
| Stocks and contracts in progress | 3 | €2,550 | €2,550 | = | 0.0% |
| Stocks | 30/36 | €2,550 | €2,550 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €18,189 | €17,417 | -€772 | -4.2% |
| Trade receivables | 40 | €18,039 | €17,297 | -€742 | -4.1% |
| Other amounts receivable | 41 | €150 | €120 | -€30 | -20.3% |
| Cash at bank and in hand | 54/58 | €112,854 | €139,463 | +€26,609 | +23.6% |
| Total equity and liabilities | 10/49 | €160,007 | €186,143 | +€26,135 | +16.3% |
| Equity | 10/15 | €116,847 | €136,896 | +€20,049 | +17.2% |
| Contributions | 10/11 | €15,700 | €15,700 | = | 0.0% |
| Reserves | 13 | €101,147 | €121,196 | +€20,049 | +19.8% |
| Distributable reserves | 133 | €101,147 | €121,196 | +€20,049 | +19.8% |
| Amounts payable | 17/49 | €43,160 | €49,246 | +€6,086 | +14.1% |
| Amounts payable within one year | 42/48 | €43,160 | €49,246 | +€6,086 | +14.1% |
| Trade debts | 44 | €277 | €8,496 | +€8,219 | +2,969% |
| Suppliers | 440/4 | €277 | €8,496 | +€8,219 | +2,969% |
| Taxes, remuneration and social security | 45 | €25,746 | €23,875 | -€1,871 | -7.3% |
| Taxes | 450/3 | €24,893 | €23,875 | -€1,018 | -4.1% |
| Remuneration and social security | 454/9 | €853 | - | -€853 | |
| Other amounts payable | 47/48 | €17,137 | €16,875 | -€262 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,478 | €8,302 | +€5,824 | +235% |
| Other operating charges | 640/8 | €1,778 | €1,128 | -€650 | -36.6% |
| Gross operating margin | 9900 | €55,414 | €41,002 | -€14,413 | -26.0% |
| Operating profit (loss) | 9901 | €51,158 | €31,572 | -€19,586 | -38.3% |
| Financial income | 75/76B | €1 | €11 | +€10 | +1,072% |
| Recurring financial income | 75 | €1 | €11 | +€10 | +1,072% |
| Financial charges | 65/66B | €957 | €98 | -€859 | -89.8% |
| Recurring financial charges | 65 | €957 | €98 | -€859 | -89.8% |
| Profit (loss) for the period before taxes | 9903 | €50,202 | €31,485 | -€18,717 | -37.3% |
| Income taxes | 67/77 | €14,486 | €11,436 | -€3,050 | -21.1% |
| Profit (loss) for the period | 9904 | €35,717 | €20,049 | -€15,668 | -43.9% |
| Profit (loss) for the period to be appropriated | 9905 | €35,717 | €20,049 | -€15,668 | -43.9% |
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 17 October 2026 via checked.be.