ARTICT: 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.
ARTICT
Largest movements
- Cash +€308,430
up €308,430 (+571%), from €53,993 to €362,424
mainly Current investments (+€250,000) and Net result for the year (+€48,789)
- Current investments -€250,000
no longer reported in 2025 (was €250,000)
- Tangible fixed assets -€27,315
down €27,315 (-41.3%), from €66,210 to €38,895
of which Furniture and vehicles: -€26,195
- Receivables within one year -€20,353
down €20,353 (-53.4%), from €38,107 to €17,754
of which Trade receivables: -€21,037
- Reserves +€7,627
up €7,627 (+2.0%), from €382,619 to €390,246
of which Distributable reserves: +€9,487
- Turnover -€158,908
no longer reported in 2025 (was €158,908)
- Purchases and services -€66,234
no longer reported in 2025 (was €66,234)
- Gross operating margin -€4,978
down €4,978 (-5.2%), from €95,444 to €90,466
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 | €409,559 | €420,422 | +€10,863 | +2.7% |
| Fixed assets | 21/28 | €66,210 | €38,895 | -€27,315 | -41.3% |
| Tangible fixed assets | 22/27 | €66,210 | €38,895 | -€27,315 | -41.3% |
| Land and buildings | 22 | €293 | €0 | -€293 | -100% |
| Plant, machinery and equipment | 23 | €2,816 | €1,989 | -€827 | -29.4% |
| Furniture and vehicles | 24 | €63,101 | €36,905 | -€26,195 | -41.5% |
| Current assets | 29/58 | €343,349 | €381,527 | +€38,177 | +11.1% |
| Amounts receivable within one year | 40/41 | €38,107 | €17,754 | -€20,353 | -53.4% |
| Trade receivables | 40 | €35,745 | €14,708 | -€21,037 | -58.9% |
| Other amounts receivable | 41 | €2,362 | €3,046 | +€684 | +29.0% |
| Current investments | 50/53 | €250,000 | - | -€250,000 | |
| Cash at bank and in hand | 54/58 | €53,993 | €362,424 | +€308,430 | +571% |
| Deferred charges and accrued income | 490/1 | €1,250 | €1,350 | +€100 | +8.0% |
| Total equity and liabilities | 10/49 | €409,559 | €420,422 | +€10,863 | +2.7% |
| Equity | 10/15 | €401,219 | €408,846 | +€7,627 | +1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €382,619 | €390,246 | +€7,627 | +2.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €380,759 | €390,246 | +€9,487 | +2.5% |
| Amounts payable | 17/49 | €8,340 | €11,576 | +€3,236 | +38.8% |
| Amounts payable within one year | 42/48 | €8,340 | €11,576 | +€3,236 | +38.8% |
| Trade debts | 44 | €2,060 | €1,286 | -€774 | -37.6% |
| Suppliers | 440/4 | €2,060 | €1,286 | -€774 | -37.6% |
| Taxes, remuneration and social security | 45 | €4,315 | €8,325 | +€4,010 | +92.9% |
| Taxes | 450/3 | €1,417 | €5,403 | +€3,987 | +281% |
| Remuneration and social security | 454/9 | €2,899 | €2,922 | +€23 | +0.8% |
| Other amounts payable | 47/48 | €1,965 | €1,965 | = | 0.0% |
| Turnover | 70 | €158,908 | - | -€158,908 | |
| Goods, raw materials, services and sundry goods | 60/61 | €66,234 | - | -€66,234 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,482 | €27,315 | -€167 | -0.6% |
| Other operating charges | 640/8 | €602 | €1,071 | +€469 | +77.9% |
| Gross operating margin | 9900 | €95,444 | €90,466 | -€4,978 | -5.2% |
| Operating profit (loss) | 9901 | €67,360 | €62,080 | -€5,281 | -7.8% |
| Financial income | 75/76B | €4,151 | €5,610 | +€1,459 | +35.1% |
| Recurring financial income | 75 | €4,151 | €5,610 | +€1,459 | +35.1% |
| Financial charges | 65/66B | €138 | €264 | +€126 | +91.1% |
| Recurring financial charges | 65 | €138 | €264 | +€126 | +91.1% |
| Profit (loss) for the period before taxes | 9903 | €71,373 | €67,426 | -€3,948 | -5.5% |
| Income taxes | 67/77 | €18,941 | €18,637 | -€304 | -1.6% |
| Profit (loss) for the period | 9904 | €52,432 | €48,789 | -€3,644 | -6.9% |
| Profit (loss) for the period to be appropriated | 9905 | €52,432 | €48,789 | -€3,644 | -6.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.