Artiko: 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.
Artiko
Largest movements
- Current investments +€9,000
new in 2022: €9,000
- Receivables within one year -€4,099
down €4,099 (-23.9%), from €17,143 to €13,044
- Cash +€3,073
up €3,073 (+3.6%), from €85,376 to €88,450
mainly Net result for the year (+€10,193) and Receivables within one year (+€4,099)
- Tangible fixed assets +€1,223
up €1,223 (+93.4%), from €1,309 to €2,531
- Reserves +€10,193
up €10,193 (+14.9%), from €68,602 to €78,795
of which Distributable reserves: +€10,193
- Other debts -€1,803
down €1,803 (-44.2%), from €4,079 to €2,276
- Accrued charges and deferred income +€1,179
up €1,179 (+36.7%), from €3,210 to €4,390
- Gross operating margin -€10,053
down €10,053 (-37.2%), from €27,003 to €16,950
- Depreciation -€3,784
down €3,784 (-76.7%), from €4,935 to €1,151
- Taxes -€1,724
down €1,724 (-27.9%), from €6,189 to €4,464
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €103,828 | €113,025 | +€9,196 | +8.9% |
| Fixed assets | 21/28 | €1,309 | €2,531 | +€1,223 | +93.4% |
| Tangible fixed assets | 22/27 | €1,309 | €2,531 | +€1,223 | +93.4% |
| Furniture and vehicles | 24 | €1,309 | €2,531 | +€1,223 | +93.4% |
| Current assets | 29/58 | €102,519 | €110,493 | +€7,974 | +7.8% |
| Amounts receivable within one year | 40/41 | €17,143 | €13,044 | -€4,099 | -23.9% |
| Trade receivables | 40 | €17,143 | €13,044 | -€4,099 | -23.9% |
| Current investments | 50/53 | - | €9,000 | +€9,000 | |
| Cash at bank and in hand | 54/58 | €85,376 | €88,450 | +€3,073 | +3.6% |
| Total equity and liabilities | 10/49 | €103,828 | €113,025 | +€9,196 | +8.9% |
| Equity | 10/15 | €69,828 | €80,021 | +€10,193 | +14.6% |
| Contributions | 10/11 | €250 | €250 | = | 0.0% |
| Reserves | 13 | €68,602 | €78,795 | +€10,193 | +14.9% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €49,852 | €60,045 | +€10,193 | +20.4% |
| Profit (loss) carried forward | 14 | €976 | €976 | = | 0.0% |
| Amounts payable | 17/49 | €34,000 | €33,003 | -€997 | -2.9% |
| Amounts payable within one year | 42/48 | €30,790 | €28,614 | -€2,176 | -7.1% |
| Trade debts | 44 | €74 | €665 | +€591 | +799% |
| Suppliers | 440/4 | €74 | €665 | +€591 | +799% |
| Taxes, remuneration and social security | 45 | €26,637 | €25,673 | -€963 | -3.6% |
| Taxes | 450/3 | €23,837 | €22,873 | -€963 | -4.0% |
| Remuneration and social security | 454/9 | €2,800 | €2,800 | = | 0.0% |
| Other amounts payable | 47/48 | €4,079 | €2,276 | -€1,803 | -44.2% |
| Accrued charges and deferred income | 492/3 | €3,210 | €4,390 | +€1,179 | +36.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,935 | €1,151 | -€3,784 | -76.7% |
| Other operating charges | 640/8 | €700 | €726 | +€27 | +3.8% |
| Gross operating margin | 9900 | €27,003 | €16,950 | -€10,053 | -37.2% |
| Operating profit (loss) | 9901 | €21,368 | €15,073 | -€6,295 | -29.5% |
| Financial charges | 65/66B | €327 | €416 | +€88 | +27.0% |
| Recurring financial charges | 65 | €327 | €416 | +€88 | +27.0% |
| Profit (loss) for the period before taxes | 9903 | €21,041 | €14,657 | -€6,383 | -30.3% |
| Income taxes | 67/77 | €6,189 | €4,464 | -€1,724 | -27.9% |
| Profit (loss) for the period | 9904 | €14,852 | €10,193 | -€4,659 | -31.4% |
| Profit (loss) for the period to be appropriated | 9905 | €14,852 | €10,193 | -€4,659 | -31.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.