Artiley: what changed
Two fiscal 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.
Artiley
Largest movements
- Receivables within one year -€992
down €992 (-100.0%), from €992 to €0
of which Other amounts receivable: -€992
- Tangible fixed assets -€291
down €291 (-100.0%), from €291 to €0
- Formation expenses -€264
down €264 (-100.0%), from €264 to €0
- Cash -€173
down €173 (-97.5%), from €178 to €4
mainly Trade debts (-€2,202) and Other debts (-€285)
- Deferred charges and accrued income -€109
down €109 (-100.0%), from €109 to €0
- Trade debts -€2,202
down €2,202 (-99.4%), from €2,214 to €13
- Profit (loss) carried forward +€658
up €658 (+8.0%), from -€8,242 to -€7,584
- Other debts -€285
down €285 (-4.2%), from €6,861 to €6,576
- Gross operating margin -€1,542
down €1,542 (-45.9%), from €3,363 to €1,821
- Depreciation -€361
down €361 (-57.8%), from €625 to €264
- Financial charges +€131
up €131 (+47.4%), from €277 to €408
- Other operating charges +€82
up €82 (+69.3%), from €119 to €201
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 | €1,833 | €4 | -€1,829 | -99.8% |
| Formation expenses | 20 | €264 | €0 | -€264 | -100.0% |
| Fixed assets | 21/28 | €291 | €0 | -€291 | -100.0% |
| Tangible fixed assets | 22/27 | €291 | €0 | -€291 | -100.0% |
| Furniture and vehicles | 24 | €291 | €0 | -€291 | -100.0% |
| Current assets | 29/58 | €1,279 | €4 | -€1,274 | -99.7% |
| Amounts receivable within one year | 40/41 | €992 | €0 | -€992 | -100.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €992 | €0 | -€992 | -100.0% |
| Cash at bank and in hand | 54/58 | €178 | €4 | -€173 | -97.5% |
| Deferred charges and accrued income | 490/1 | €109 | €0 | -€109 | -100.0% |
| Total equity and liabilities | 10/49 | €1,833 | €4 | -€1,829 | -99.8% |
| Equity | 10/15 | -€7,242 | -€6,584 | +€658 | +9.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,242 | -€7,584 | +€658 | +8.0% |
| Amounts payable | 17/49 | €9,076 | €6,589 | -€2,487 | -27.4% |
| Amounts payable within one year | 42/48 | €9,076 | €6,589 | -€2,487 | -27.4% |
| Trade debts | 44 | €2,214 | €13 | -€2,202 | -99.4% |
| Suppliers | 440/4 | €2,214 | €13 | -€2,202 | -99.4% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €6,861 | €6,576 | -€285 | -4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €625 | €264 | -€361 | -57.8% |
| Other operating charges | 640/8 | €119 | €201 | +€82 | +69.3% |
| Non-recurring operating charges | 66A | €1,887 | €291 | -€1,596 | -84.6% |
| Gross operating margin | 9900 | €3,363 | €1,821 | -€1,542 | -45.9% |
| Operating profit (loss) | 9901 | €733 | €1,066 | +€332 | +45.3% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €277 | €408 | +€131 | +47.4% |
| Recurring financial charges | 65 | €277 | €408 | +€131 | +47.4% |
| Profit (loss) for the period before taxes | 9903 | €457 | €658 | +€201 | +44.1% |
| Profit (loss) for the period | 9904 | €457 | €658 | +€201 | +44.1% |
| Profit (loss) for the period to be appropriated | 9905 | €457 | €658 | +€201 | +44.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.