ARTIMIX: 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.
ARTIMIX
Largest movements
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Cash +€51,687
up €51,687 (+88.3%), from €58,547 to €110,235
mainly Current investments (+€100,000) and Depreciation (+€28,758)
- Tangible fixed assets -€19,748
down €19,748 (-2.0%), from €984,034 to €964,286
of which Land and buildings: -€19,218
- Other debts -€35,672
no longer reported in 2025 (was €35,672)
- Debts after one year -€23,500
down €23,500 (-36.6%), from €64,272 to €40,771
of which Financial debts: -€23,500
- Taxes -€58,284
down €58,284 (-98.0%), from €59,452 to €1,168
- Gross operating margin -€6,845
down €6,845 (-13.9%), from €49,132 to €42,287
- Financial income -€2,502
down €2,502 (-57.4%), from €4,360 to €1,858
- Financial charges -€1,298
down €1,298 (-24.6%), from €5,267 to €3,969
- Depreciation +€588
up €588 (+2.1%), from €28,170 to €28,758
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 | €1,148,153 | €1,087,776 | -€60,377 | -5.3% |
| Fixed assets | 21/28 | €984,034 | €964,286 | -€19,748 | -2.0% |
| Tangible fixed assets | 22/27 | €984,034 | €964,286 | -€19,748 | -2.0% |
| Land and buildings | 22 | €980,376 | €961,158 | -€19,218 | -2.0% |
| Plant, machinery and equipment | 23 | €3,112 | €2,718 | -€394 | -12.7% |
| Furniture and vehicles | 24 | €546 | €410 | -€137 | -25.0% |
| Current assets | 29/58 | €164,119 | €123,491 | -€40,629 | -24.8% |
| Amounts receivable within one year | 40/41 | €780 | €8,608 | +€7,828 | +1004.0% |
| Other amounts receivable | 41 | €780 | €8,608 | +€7,828 | +1004.0% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €58,547 | €110,235 | +€51,687 | +88.3% |
| Deferred charges and accrued income | 490/1 | €4,792 | €4,648 | -€144 | -3.0% |
| Total equity and liabilities | 10/49 | €1,148,153 | €1,087,776 | -€60,377 | -5.3% |
| Equity | 10/15 | €1,021,232 | €1,022,675 | +€1,443 | +0.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €921,232 | €922,675 | +€1,443 | +0.2% |
| Tax-exempt reserves | 132 | €801,951 | €801,951 | = | 0.0% |
| Distributable reserves | 133 | €119,281 | €120,724 | +€1,443 | +1.2% |
| Amounts payable | 17/49 | €126,921 | €65,101 | -€61,820 | -48.7% |
| Amounts payable after more than one year | 17 | €64,272 | €40,771 | -€23,500 | -36.6% |
| Financial debts | 170/4 | €60,709 | €37,208 | -€23,500 | -38.7% |
| Other amounts payable | 178/9 | €3,563 | €3,563 | = | 0.0% |
| Amounts payable within one year | 42/48 | €61,488 | €24,330 | -€37,158 | -60.4% |
| Current portion of amounts payable after more than one year | 42 | €23,500 | €23,500 | = | 0.0% |
| Trade debts | 44 | €2,316 | €203 | -€2,113 | -91.2% |
| Suppliers | 440/4 | €2,316 | €203 | -€2,113 | -91.2% |
| Taxes, remuneration and social security | 45 | - | €627 | +€627 | |
| Taxes | 450/3 | - | €627 | +€627 | |
| Other amounts payable | 47/48 | €35,672 | - | -€35,672 | |
| Accrued charges and deferred income | 492/3 | €1,162 | - | -€1,162 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,170 | €28,758 | +€588 | +2.1% |
| Other operating charges | 640/8 | €8,896 | €8,807 | -€89 | -1.0% |
| Gross operating margin | 9900 | €49,132 | €42,287 | -€6,845 | -13.9% |
| Operating profit (loss) | 9901 | €12,066 | €4,722 | -€7,344 | -60.9% |
| Financial income | 75/76B | €4,360 | €1,858 | -€2,502 | -57.4% |
| Recurring financial income | 75 | €4,360 | €1,858 | -€2,502 | -57.4% |
| Financial charges | 65/66B | €5,267 | €3,969 | -€1,298 | -24.6% |
| Recurring financial charges | 65 | €5,267 | €3,969 | -€1,298 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | €11,159 | €2,611 | -€8,548 | -76.6% |
| Income taxes | 67/77 | €59,452 | €1,168 | -€58,284 | -98.0% |
| Profit (loss) for the period | 9904 | -€48,293 | €1,443 | +€49,736 | |
| Profit (loss) for the period to be appropriated | 9905 | -€48,293 | €1,443 | +€49,736 |
Source: filed annual accounts (NBB), fiscal years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.