ARTIMOBEL: 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.
ARTIMOBEL
Largest movements
- Tangible fixed assets +€129,410
up €129,410 (+37.7%), from €343,065 to €472,475
- Cash +€82,961
up €82,961 (+814%), from €10,188 to €93,149
mainly Debts after one year (+€201,126) and Depreciation (+€29,375)
- Debts after one year +€201,126
up €201,126 (+87.7%), from €229,269 to €430,395
- Accrued charges and deferred income +€6,961
up €6,961 (+303%), from €2,300 to €9,262
- Gross operating margin +€11,500
up €11,500 (+28.8%), from €39,969 to €51,469
- Financial charges +€2,422
up €2,422 (+15.1%), from €16,008 to €18,430
- Depreciation -€2,007
down €2,007 (-6.4%), from €31,382 to €29,375
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €354,561 | €566,692 | +€212,131 | +59.8% |
| Fixed assets | 21/28 | €343,065 | €472,475 | +€129,410 | +37.7% |
| Tangible fixed assets | 22/27 | €343,065 | €472,475 | +€129,410 | +37.7% |
| Land and buildings | 22 | €343,065 | €472,475 | +€129,410 | +37.7% |
| Current assets | 29/58 | €11,496 | €94,217 | +€82,721 | +720% |
| Cash at bank and in hand | 54/58 | €10,188 | €93,149 | +€82,961 | +814% |
| Deferred charges and accrued income | 490/1 | €1,308 | €1,068 | -€240 | -18.3% |
| Total equity and liabilities | 10/49 | €354,561 | €566,692 | +€212,131 | +59.8% |
| Equity | 10/15 | €119,511 | €118,031 | -€1,481 | -1.2% |
| Contributions | 10/11 | €310,000 | €310,000 | = | 0.0% |
| Capital | 10 | €310,000 | €310,000 | = | 0.0% |
| Issued capital | 100 | €310,000 | €310,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€190,489 | -€191,969 | -€1,481 | -0.8% |
| Amounts payable | 17/49 | €235,049 | €448,661 | +€213,612 | +90.9% |
| Amounts payable after more than one year | 17 | €229,269 | €430,395 | +€201,126 | +87.7% |
| Other amounts payable | 178/9 | €229,269 | €430,395 | +€201,126 | +87.7% |
| Amounts payable within one year | 42/48 | €3,480 | €9,004 | +€5,524 | +159% |
| Taxes, remuneration and social security | 45 | - | €5,524 | +€5,524 | |
| Taxes | 450/3 | - | €5,524 | +€5,524 | |
| Other amounts payable | 47/48 | €3,480 | €3,480 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,300 | €9,262 | +€6,961 | +303% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,382 | €29,375 | -€2,007 | -6.4% |
| Other operating charges | 640/8 | €4,944 | €5,144 | +€201 | +4.1% |
| Gross operating margin | 9900 | €39,969 | €51,469 | +€11,500 | +28.8% |
| Operating profit (loss) | 9901 | €3,643 | €16,950 | +€13,307 | +365% |
| Financial charges | 65/66B | €16,008 | €18,430 | +€2,422 | +15.1% |
| Recurring financial charges | 65 | €16,008 | €18,430 | +€2,422 | +15.1% |
| Profit (loss) for the period before taxes | 9903 | -€12,365 | -€1,481 | +€10,885 | +88.0% |
| Profit (loss) for the period | 9904 | -€12,365 | -€1,481 | +€10,885 | +88.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,365 | -€1,481 | +€10,885 | +88.0% |
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 24 October 2026 via checked.be.