ARTIDESIGN: 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.
ARTIDESIGN
Largest movements
- Receivables within one year -€30,744
down €30,744 (-69.5%), from €44,226 to €13,482
of which Trade receivables: -€31,388
- Stocks and contracts -€24,987
down €24,987 (-80.0%), from €31,228 to €6,241
- Deferred charges and accrued income -€2,241
down €2,241 (-97.2%), from €2,306 to €66
- Tangible fixed assets +€1,159
up €1,159 (+304.4%), from €381 to €1,540
of which Plant, machinery and equipment: +€630
- Profit (loss) carried forward -€51,357
down €51,357, from €2,890 to -€48,467
- Trade debts -€14,225
down €14,225 (-45.8%), from €31,078 to €16,852
- Other debts +€10,006
up €10,006 (+57.1%), from €17,519 to €27,525
- Tax, wage and social debts -€798
no longer reported in 2025 (was €798)
- Purchases and services +€99,030
new in 2025: €99,030
- Turnover +€65,247
new in 2025: €65,247
- Gross operating margin -€36,948
down €36,948, from €3,165 to -€33,783
- Financial charges -€1,688
down €1,688 (-94.4%), from €1,788 to €100
- Depreciation +€1,039
up €1,039 (+842.0%), from €123 to €1,162
From the 2022 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €78,140 | €21,328 | -€56,812 | -72.7% |
| Fixed assets | 21/28 | €381 | €1,540 | +€1,159 | +304.4% |
| Tangible fixed assets | 22/27 | €381 | €1,540 | +€1,159 | +304.4% |
| Plant, machinery and equipment | 23 | - | €630 | +€630 | |
| Furniture and vehicles | 24 | €381 | €910 | +€529 | +138.9% |
| Current assets | 29/58 | €77,759 | €19,788 | -€57,971 | -74.6% |
| Stocks and contracts in progress | 3 | €31,228 | €6,241 | -€24,987 | -80.0% |
| Stocks | 30/36 | €31,228 | €6,241 | -€24,987 | -80.0% |
| Amounts receivable within one year | 40/41 | €44,226 | €13,482 | -€30,744 | -69.5% |
| Trade receivables | 40 | €37,305 | €5,917 | -€31,388 | -84.1% |
| Other amounts receivable | 41 | €6,921 | €7,565 | +€644 | +9.3% |
| Deferred charges and accrued income | 490/1 | €2,306 | €66 | -€2,241 | -97.2% |
| Total equity and liabilities | 10/49 | €78,140 | €21,328 | -€56,812 | -72.7% |
| Equity | 10/15 | €4,890 | -€46,467 | -€51,357 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,890 | -€48,467 | -€51,357 | |
| Amounts payable | 17/49 | €73,250 | €67,795 | -€5,456 | -7.4% |
| Amounts payable within one year | 42/48 | €73,250 | €67,795 | -€5,456 | -7.4% |
| Financial debts | 43 | €4,805 | €4,999 | +€194 | +4.0% |
| Credit institutions | 430/8 | €4,805 | €4,999 | +€194 | +4.0% |
| Trade debts | 44 | €31,078 | €16,852 | -€14,225 | -45.8% |
| Suppliers | 440/4 | €31,078 | €16,852 | -€14,225 | -45.8% |
| Advances received on contracts in progress | 46 | €19,051 | €18,418 | -€633 | -3.3% |
| Taxes, remuneration and social security | 45 | €798 | - | -€798 | |
| Taxes | 450/3 | €798 | - | -€798 | |
| Other amounts payable | 47/48 | €17,519 | €27,525 | +€10,006 | +57.1% |
| Turnover | 70 | - | €65,247 | +€65,247 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €99,030 | +€99,030 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €123 | €1,162 | +€1,039 | +842.0% |
| Other operating charges | 640/8 | - | €267 | +€267 | |
| Non-recurring operating charges | 66A | - | €219 | +€219 | |
| Gross operating margin | 9900 | €3,165 | -€33,783 | -€36,948 | |
| Operating profit (loss) | 9901 | €3,041 | -€35,431 | -€38,473 | |
| Financial income | 75/76B | - | €35 | +€35 | |
| Recurring financial income | 75 | - | €35 | +€35 | |
| Financial charges | 65/66B | €1,788 | €100 | -€1,688 | -94.4% |
| Recurring financial charges | 65 | €1,788 | €100 | -€1,688 | -94.4% |
| Profit (loss) for the period before taxes | 9903 | €1,253 | -€35,496 | -€36,749 | |
| Income taxes | 67/77 | €281 | - | -€281 | |
| Profit (loss) for the period | 9904 | €972 | -€35,496 | -€36,468 | |
| Profit (loss) for the period to be appropriated | 9905 | €972 | -€35,496 | -€36,468 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.