Artilat: 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.
What changed
Artilat
NACE 22.120, Manufacture of rubber and plastic products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€2.2m
2024 · €3.7m-€1.5m
Equity
€16.0m
2024 · €15.3m+€653,340
Cash
€926,002
2024 · €1.0m-€113,540
Balance sheet total
€18.6m
2024 · €17.8m+€765,235
Largest movements
Assets
- Receivables within one year +€948,483
up €948,483 (+7.5%), from €12.6m to €13.6m
of which Other amounts receivable: +€684,781
Equity and liabilities
- Profit (loss) carried forward +€653,340
up €653,340 (+39.9%), from €1.6m to €2.3m
- Tax, wage and social debts +€274,314
up €274,314 (+70.8%), from €387,176 to €661,489
of which Taxes: +€285,012
Income statement
- Turnover -€2.2m
down €2.2m (-42.2%), from €5.2m to €3.0m
- Taxes +€1.7m
up €1.7m, from -€1.3m to €477,579
- Goods and materials -€836,085
no longer reported in 2025 (was €836,085)
of which Change in stocks: decrease (increase): -€833,022
- Staff costs -€190,578
down €190,578 (-6.6%), from €2.9m to €2.7m
- Financial income +€136,085
up €136,085 (+5.9%), from €2.3m to €2.5m
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.
Result 2024
€3.7m
Turnover
-€2.2m
Other operating income
-€22,167
Goods and materials
+€836,085
Services and other goods
+€101,441
Staff costs
+€190,578
Depreciation
+€27,983
Write-downs
-€30,803
Provisions
+€61,306
Other operating charges
-€44,981
Other operating items
+€1.1m
Financial income
+€136,085
Financial charges
+€19,020
Taxes
-€1.7m
Result 2025
€2.2m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.6m
Investment
-€256,678
Financing
-€1.5m
Cash 2024
€1.0m
From operations (derived)
+€1.6m
Net result for the year
+€2.2m
Depreciation
+€298,698
Receivables within one year
-€948,483
Deferred charges and accrued income
+€27,688
Provisions
+€97,229
Trade debts
-€150,136
Tax, wage and social debts
+€274,314
Other debts
-€27,790
Accrued charges and deferred income
-€81,721
Investment (derived)
-€256,678
Investment in fixed assets (net)
-€183,283
Current investments
-€73,395
Financing
-€1.5m
Contributions, distributions and other
-€1.5m
Cash 2025
€926,002
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,805,340 | €18,570,575 | +€765,235 | +4.3% |
| Fixed assets | 21/28 | €3,951,447 | €3,836,032 | -€115,415 | -2.9% |
| Intangible fixed assets | 21 | €57,225 | €27,989 | -€29,236 | -51.1% |
| Tangible fixed assets | 22/27 | €1,580,234 | €1,494,054 | -€86,179 | -5.5% |
| Land and buildings | 22 | €697,216 | €793,533 | +€96,318 | +13.8% |
| Plant, machinery and equipment | 23 | €727,617 | €560,117 | -€167,500 | -23.0% |
| Furniture and vehicles | 24 | €155,401 | €140,404 | -€14,997 | -9.7% |
| Financial fixed assets | 28 | €2,313,988 | €2,313,988 | = | 0.0% |
| Affiliated companies | 280/1 | €2,313,988 | €2,313,988 | = | 0.0% |
| Participating interests | 280 | €2,313,988 | €2,313,988 | = | 0.0% |
| Current assets | 29/58 | €13,853,893 | €14,734,543 | +€880,650 | +6.4% |
| Amounts receivable within one year | 40/41 | €12,639,796 | €13,588,279 | +€948,483 | +7.5% |
| Trade receivables | 40 | €464,926 | €728,629 | +€263,703 | +56.7% |
| Other amounts receivable | 41 | €12,174,870 | €12,859,651 | +€684,781 | +5.6% |
| Current investments | 50/53 | €129,654 | €203,049 | +€73,395 | +56.6% |
| Other investments | 51/53 | €129,654 | €203,049 | +€73,395 | +56.6% |
| Cash at bank and in hand | 54/58 | €1,039,542 | €926,002 | -€113,540 | -10.9% |
| Deferred charges and accrued income | 490/1 | €44,901 | €17,213 | -€27,688 | -61.7% |
| Total equity and liabilities | 10/49 | €17,805,340 | €18,570,575 | +€765,235 | +4.3% |
| Equity | 10/15 | €15,343,885 | €15,997,225 | +€653,340 | +4.3% |
| Contributions | 10/11 | €4,958,000 | €4,958,000 | = | 0.0% |
| Capital | 10 | €4,958,000 | €4,958,000 | = | 0.0% |
| Issued capital | 100 | €4,958,000 | €4,958,000 | = | 0.0% |
| Reserves | 13 | €8,748,171 | €8,748,171 | = | 0.0% |
| Non-distributable reserves | 130/1 | €580,084 | €580,084 | = | 0.0% |
| Legal reserve | 130 | €495,800 | €495,800 | = | 0.0% |
| Other | 1319 | €84,284 | €84,284 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,168,087 | €8,168,087 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,637,714 | €2,291,054 | +€653,340 | +39.9% |
| Provisions and deferred taxes | 16 | €240,728 | €337,957 | +€97,229 | +40.4% |
| Provisions for liabilities and charges | 160/5 | €240,728 | €337,957 | +€97,229 | +40.4% |
| Other liabilities and charges | 164/5 | €240,728 | €337,957 | +€97,229 | +40.4% |
| Amounts payable | 17/49 | €2,220,727 | €2,235,393 | +€14,666 | +0.7% |
| Amounts payable within one year | 42/48 | €2,139,005 | €2,235,393 | +€96,388 | +4.5% |
| Trade debts | 44 | €223,811 | €73,674 | -€150,136 | -67.1% |
| Suppliers | 440/4 | €223,811 | €73,674 | -€150,136 | -67.1% |
| Taxes, remuneration and social security | 45 | €387,176 | €661,489 | +€274,314 | +70.8% |
| Taxes | 450/3 | €79,923 | €364,935 | +€285,012 | +357% |
| Remuneration and social security | 454/9 | €307,252 | €296,554 | -€10,698 | -3.5% |
| Other amounts payable | 47/48 | €1,528,019 | €1,500,229 | -€27,790 | -1.8% |
| Accrued charges and deferred income | 492/3 | €81,721 | - | -€81,721 | |
| Operating income | 70/76A | €5,708,901 | €4,618,561 | -€1.1m | -19.1% |
| Turnover | 70 | €5,205,165 | €3,010,303 | -€2.2m | -42.2% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€1,013,866 | - | +€1.0m | |
| Other operating income | 74 | €1,517,603 | €1,495,436 | -€22,167 | -1.5% |
| Non-recurring operating income | 76A | - | €112,822 | +€112,822 | |
| Operating charges | 60/66A | €5,563,289 | €4,421,679 | -€1.1m | -20.5% |
| Goods for resale, raw materials and consumables | 60 | €836,085 | - | -€836,085 | |
| Purchases | 600/8 | €3,063 | - | -€3,063 | |
| Change in stocks: decrease (increase) | 609 | €833,022 | - | -€833,022 | |
| Services and other goods | 61 | €1,188,511 | €1,087,070 | -€101,441 | -8.5% |
| Remuneration, social security and pensions | 62 | €2,893,565 | €2,702,987 | -€190,578 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €326,680 | €298,698 | -€27,983 | -8.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€20,329 | €10,474 | +€30,803 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €158,535 | €97,229 | -€61,306 | -38.7% |
| Other operating charges | 640/8 | €180,241 | €225,222 | +€44,981 | +25.0% |
| Operating profit (loss) | 9901 | €145,613 | €196,882 | +€51,269 | +35.2% |
| Financial income | 75/76B | €2,316,328 | €2,452,413 | +€136,085 | +5.9% |
| Recurring financial income | 75 | €2,316,328 | €2,452,413 | +€136,085 | +5.9% |
| Income from financial fixed assets | 750 | €2,000,000 | - | -€2.0m | |
| Income from current assets | 751 | €271,383 | €372,600 | +€101,217 | +37.3% |
| Other financial income | 752/9 | €44,945 | €2,079,813 | +€2.0m | +4,527% |
| Financial charges | 65/66B | €37,396 | €18,375 | -€19,020 | -50.9% |
| Recurring financial charges | 65 | €37,396 | €18,375 | -€19,020 | -50.9% |
| Other financial charges | 652/9 | €37,396 | €18,375 | -€19,020 | -50.9% |
| Profit (loss) for the period before taxes | 9903 | €2,424,545 | €2,630,920 | +€206,375 | +8.5% |
| Income taxes | 67/77 | -€1,268,240 | €477,579 | +€1.7m | |
| Taxes | 670/3 | €1,657 | €477,579 | +€475,922 | +28,717% |
| Tax adjustments and reversals of tax provisions | 77 | €1,269,897 | - | -€1.3m | |
| Profit (loss) for the period | 9904 | €3,692,785 | €2,153,340 | -€1.5m | -41.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,692,785 | €2,153,340 | -€1.5m | -41.7% |
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 15 October 2026 via checked.be.