ARTIFICE CONCEPT: 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.
ARTIFICE CONCEPT
Largest movements
- Cash +€11,397
up €11,397 (+8.8%), from €129,392 to €140,788
mainly Net result for the year (+€5,510) and Receivables within one year (+€3,048)
- Receivables within one year -€3,048
down €3,048 (-16.1%), from €18,954 to €15,906
of which Trade receivables: -€1,912
- Tangible fixed assets -€2,104
down €2,104 (-51.6%), from €4,074 to €1,970
of which Furniture and vehicles: -€2,104
- Profit (loss) carried forward +€5,510
up €5,510 (+13.7%), from €40,276 to €45,786
- Other debts +€2,064
up €2,064 (+198.2%), from €1,041 to €3,105
- Gross operating margin +€18,423
up €18,423, from -€9,293 to €9,130
- Depreciation -€1,742
down €1,742 (-45.3%), from €3,846 to €2,104
- Other operating charges -€717
down €717 (-34.9%), from €2,055 to €1,338
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 | €152,758 | €158,714 | +€5,956 | +3.9% |
| Fixed assets | 21/28 | €4,124 | €2,020 | -€2,104 | -51.0% |
| Tangible fixed assets | 22/27 | €4,074 | €1,970 | -€2,104 | -51.6% |
| Furniture and vehicles | 24 | €4,074 | €1,970 | -€2,104 | -51.6% |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €148,634 | €156,694 | +€8,060 | +5.4% |
| Amounts receivable within one year | 40/41 | €18,954 | €15,906 | -€3,048 | -16.1% |
| Trade receivables | 40 | €17,154 | €15,242 | -€1,912 | -11.1% |
| Other amounts receivable | 41 | €1,800 | €664 | -€1,136 | -63.1% |
| Cash at bank and in hand | 54/58 | €129,392 | €140,788 | +€11,397 | +8.8% |
| Deferred charges and accrued income | 490/1 | €288 | €0 | -€288 | -100.0% |
| Total equity and liabilities | 10/49 | €152,758 | €158,714 | +€5,956 | +3.9% |
| Equity | 10/15 | €148,236 | €153,746 | +€5,510 | +3.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €89,360 | €89,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €87,500 | €87,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,276 | €45,786 | +€5,510 | +13.7% |
| Amounts payable | 17/49 | €4,522 | €4,969 | +€446 | +9.9% |
| Amounts payable within one year | 42/48 | €4,522 | €4,969 | +€446 | +9.9% |
| Trade debts | 44 | €3,315 | €1,864 | -€1,451 | -43.8% |
| Suppliers | 440/4 | €3,315 | €1,864 | -€1,451 | -43.8% |
| Taxes, remuneration and social security | 45 | €166 | €0 | -€166 | -100.0% |
| Taxes | 450/3 | €166 | €0 | -€166 | -100.0% |
| Other amounts payable | 47/48 | €1,041 | €3,105 | +€2,064 | +198.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,846 | €2,104 | -€1,742 | -45.3% |
| Other operating charges | 640/8 | €2,055 | €1,338 | -€717 | -34.9% |
| Gross operating margin | 9900 | -€9,293 | €9,130 | +€18,423 | |
| Operating profit (loss) | 9901 | -€15,194 | €5,688 | +€20,881 | |
| Financial charges | 65/66B | €163 | €178 | +€15 | +9.1% |
| Recurring financial charges | 65 | €163 | €178 | +€15 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | -€15,357 | €5,510 | +€20,867 | |
| Profit (loss) for the period | 9904 | -€15,357 | €5,510 | +€20,867 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,357 | €5,510 | +€20,867 |
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 9 October 2026 via checked.be.