Artie Fix: 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.
Artie Fix
Largest movements
- Cash +€17,888
up €17,888 (+136%), from €13,114 to €31,002
mainly Net result for the year (+€20,959) and Depreciation (+€2,733)
- Tangible fixed assets -€2,733
down €2,733 (-25.2%), from €10,824 to €8,091
of which Plant, machinery and equipment: -€1,787
- Receivables within one year -€1,340
down €1,340 (-6.9%), from €19,344 to €18,004
of which Trade receivables: -€2,169
- Reserves +€19,293
up €19,293 (+59.1%), from €32,662 to €51,956
- Trade debts -€5,639
down €5,639 (-81.2%), from €6,946 to €1,308
- Tax, wage and social debts -€778
down €778 (-24.2%), from €3,213 to €2,435
- Gross operating margin -€8,273
down €8,273 (-21.1%), from €39,262 to €30,990
- Taxes -€1,279
down €1,279 (-18.2%), from €7,040 to €5,762
- Other operating charges -€974
down €974 (-63.7%), from €1,530 to €556
- Write-downs -€770
no longer reported in 2025 (was €770)
- Depreciation +€668
up €668 (+32.4%), from €2,065 to €2,733
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 | €43,821 | €57,098 | +€13,276 | +30.3% |
| Fixed assets | 21/28 | €10,824 | €8,091 | -€2,733 | -25.2% |
| Tangible fixed assets | 22/27 | €10,824 | €8,091 | -€2,733 | -25.2% |
| Land and buildings | 22 | €4,275 | €3,330 | -€945 | -22.1% |
| Plant, machinery and equipment | 23 | €6,549 | €4,762 | -€1,787 | -27.3% |
| Current assets | 29/58 | €32,997 | €49,006 | +€16,009 | +48.5% |
| Amounts receivable within one year | 40/41 | €19,344 | €18,004 | -€1,340 | -6.9% |
| Trade receivables | 40 | €7,746 | €5,577 | -€2,169 | -28.0% |
| Other amounts receivable | 41 | €11,598 | €12,427 | +€829 | +7.1% |
| Cash at bank and in hand | 54/58 | €13,114 | €31,002 | +€17,888 | +136% |
| Deferred charges and accrued income | 490/1 | €539 | - | -€539 | |
| Total equity and liabilities | 10/49 | €43,821 | €57,098 | +€13,276 | +30.3% |
| Equity | 10/15 | €33,662 | €52,956 | +€19,293 | +57.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €32,662 | €51,956 | +€19,293 | +59.1% |
| Distributable reserves | 133 | €32,662 | €51,956 | +€19,293 | +59.1% |
| Amounts payable | 17/49 | €10,159 | €4,142 | -€6,017 | -59.2% |
| Amounts payable within one year | 42/48 | €10,159 | €3,742 | -€6,417 | -63.2% |
| Trade debts | 44 | €6,946 | €1,308 | -€5,639 | -81.2% |
| Suppliers | 440/4 | €6,946 | €1,308 | -€5,639 | -81.2% |
| Taxes, remuneration and social security | 45 | €3,213 | €2,435 | -€778 | -24.2% |
| Taxes | 450/3 | €3,213 | €2,435 | -€778 | -24.2% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,065 | €2,733 | +€668 | +32.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €770 | - | -€770 | |
| Other operating charges | 640/8 | €1,530 | €556 | -€974 | -63.7% |
| Gross operating margin | 9900 | €39,262 | €30,990 | -€8,273 | -21.1% |
| Operating profit (loss) | 9901 | €34,898 | €27,701 | -€7,196 | -20.6% |
| Financial income | 75/76B | €189 | €501 | +€312 | +165% |
| Recurring financial income | 75 | €189 | €501 | +€312 | +165% |
| Financial charges | 65/66B | €1,392 | €1,481 | +€89 | +6.4% |
| Recurring financial charges | 65 | €132 | €1,481 | +€1,349 | +1,019% |
| Non-recurring financial charges | 66B | €1,259 | - | -€1,259 | |
| Profit (loss) for the period before taxes | 9903 | €33,695 | €26,721 | -€6,974 | -20.7% |
| Income taxes | 67/77 | €7,040 | €5,762 | -€1,279 | -18.2% |
| Profit (loss) for the period | 9904 | €26,655 | €20,959 | -€5,695 | -21.4% |
| Profit (loss) for the period to be appropriated | 9905 | €26,655 | €20,959 | -€5,695 | -21.4% |
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 19 October 2026 via checked.be.