Artimi: 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.
Artimi
Largest movements
- Current investments -€353,907
down €353,907 (-8.2%), from €4.3m to €4.0m
- Cash +€263,441
up €263,441 (+94.9%), from €277,678 to €541,119
mainly Current investments (+€353,907) and Investment in fixed assets (net) (+€7,407)
- Profit (loss) carried forward -€96,174
down €96,174 (-1.9%), from €5.2m to €5.1m
- Financial income +€75,897
up €75,897 (+50.2%), from €151,301 to €227,197
- Taxes +€25,844
up €25,844 (+118.0%), from €21,896 to €47,740
- Financial charges -€6,179
down €6,179 (-15.6%), from €39,658 to €33,479
- Gross operating margin -€5,320
down €5,320 (-2.3%), from -€229,425 to -€234,745
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 | €5,157,061 | €5,058,419 | -€98,642 | -1.9% |
| Fixed assets | 21/28 | €564,666 | €557,259 | -€7,407 | -1.3% |
| Tangible fixed assets | 22/27 | €304,908 | €297,501 | -€7,407 | -2.4% |
| Land and buildings | 22 | €294,302 | €294,302 | = | 0.0% |
| Plant, machinery and equipment | 23 | €7,407 | €0 | -€7,407 | -100.0% |
| Furniture and vehicles | 24 | €3,199 | €3,199 | = | 0.0% |
| Financial fixed assets | 28 | €259,758 | €259,758 | = | 0.0% |
| Current assets | 29/58 | €4,592,395 | €4,501,160 | -€91,236 | -2.0% |
| Amounts receivable within one year | 40/41 | €421 | €0 | -€421 | -100.0% |
| Other amounts receivable | 41 | €421 | €0 | -€421 | -100.0% |
| Current investments | 50/53 | €4,305,636 | €3,951,729 | -€353,907 | -8.2% |
| Cash at bank and in hand | 54/58 | €277,678 | €541,119 | +€263,441 | +94.9% |
| Deferred charges and accrued income | 490/1 | €8,660 | €8,312 | -€349 | -4.0% |
| Total equity and liabilities | 10/49 | €5,157,061 | €5,058,419 | -€98,642 | -1.9% |
| Equity | 10/15 | €5,154,290 | €5,058,117 | -€96,174 | -1.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,153,290 | €5,057,117 | -€96,174 | -1.9% |
| Amounts payable | 17/49 | €2,771 | €303 | -€2,469 | -89.1% |
| Amounts payable within one year | 42/48 | €2,771 | €303 | -€2,469 | -89.1% |
| Trade debts | 44 | €2,771 | €303 | -€2,469 | -89.1% |
| Suppliers | 440/4 | €2,771 | €303 | -€2,469 | -89.1% |
| Non-recurring operating charges | 66A | €26,667 | €7,407 | -€19,260 | -72.2% |
| Gross operating margin | 9900 | -€229,425 | -€234,745 | -€5,320 | -2.3% |
| Operating profit (loss) | 9901 | -€256,092 | -€242,151 | +€13,940 | +5.4% |
| Financial income | 75/76B | €151,301 | €227,197 | +€75,897 | +50.2% |
| Recurring financial income | 75 | €151,301 | €227,197 | +€75,897 | +50.2% |
| Financial charges | 65/66B | €39,658 | €33,479 | -€6,179 | -15.6% |
| Recurring financial charges | 65 | €39,658 | €33,479 | -€6,179 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | -€144,449 | -€48,433 | +€96,016 | +66.5% |
| Income taxes | 67/77 | €21,896 | €47,740 | +€25,844 | +118.0% |
| Profit (loss) for the period | 9904 | -€166,346 | -€96,174 | +€70,172 | +42.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€166,346 | -€96,174 | +€70,172 | +42.2% |
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 7 October 2026 via checked.be.