Artinian: 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
Artinian
NACE 46.861, Wholesale of diamonds and other precious stones
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€423,953
2024 · €321,895+€102,058
Equity
€6.0m
2024 · €5.6m+€423,953
Cash
€1.3m
2024 · €1.7m-€390,869
Balance sheet total
€9.7m
2024 · €9.1m+€584,908
Largest movements
Assets
- Financial fixed assets +€1.6m
up €1.6m (+32,156%), from €4,836 to €1.6m
of which Affiliated companies: +€1.6m
- Cash -€390,869
down €390,869 (-22.5%), from €1.7m to €1.3m
mainly Investment in fixed assets (net) (-€1.6m) and Other debts (-€137,723)
- Stocks and contracts -€275,725
down €275,725 (-13.0%), from €2.1m to €1.8m
- Receivables after one year -€254,562
no longer reported in 2025 (was €254,562)
Equity and liabilities
- Profit (loss) carried forward +€423,953
up €423,953 (+8.9%), from €4.8m to €5.2m
- Tax, wage and social debts +€231,355
up €231,355 (+2,697%), from €8,577 to €239,932
of which Taxes: +€234,944
- Other debts -€137,723
down €137,723 (-18.1%), from €760,000 to €622,277
Income statement
- Turnover +€2.1m
up €2.1m (+16.0%), from €13.2m to €15.3m
- Goods and materials +€2.0m
up €2.0m (+16.2%), from €12.5m to €14.5m
of which Purchases: +€2.7m
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
€321,895
Turnover
+€2.1m
Other operating income
+€1,519
Goods and materials
-€2.0m
Services and other goods
-€3,883
Staff costs
+€24,801
Depreciation
+€568
Other operating charges
-€7,730
Financial income
+€6,864
Financial charges
-€3,592
Taxes
-€3,021
Result 2025
€423,953
raises the resultlowers the result
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
+€1.2m
Investment
-€1.6m
Financing
€0
Cash 2024
€1.7m
From operations (derived)
+€1.2m
Net result for the year
+€423,953
Depreciation
+€1,528
Receivables after one year
+€254,562
Stocks and contracts
+€275,725
Receivables within one year
+€26,028
Deferred charges and accrued income
+€21,291
Trade debts
+€67,323
Tax, wage and social debts
+€231,355
Other debts
-€137,723
Investment (derived)
-€1.6m
Investment in fixed assets (net)
-€1.6m
Cash 2025
€1.3m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,144,904 | €9,729,812 | +€584,908 | +6.4% |
| Fixed assets | 21/28 | €7,105 | €1,560,489 | +€1.6m | +21,862% |
| Tangible fixed assets | 22/27 | €2,270 | €742 | -€1,528 | -67.3% |
| Plant, machinery and equipment | 23 | €1,020 | €504 | -€516 | -50.5% |
| Furniture and vehicles | 24 | €1,250 | €237 | -€1,013 | -81.0% |
| Financial fixed assets | 28 | €4,836 | €1,559,748 | +€1.6m | +32,156% |
| Affiliated companies | 280/1 | - | €1,554,912 | +€1.6m | |
| Participating interests | 280 | - | €1,554,912 | +€1.6m | |
| Other financial fixed assets | 284/8 | €4,836 | €4,836 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €4,836 | €4,836 | = | 0.0% |
| Current assets | 29/58 | €9,137,799 | €8,169,323 | -€968,475 | -10.6% |
| Amounts receivable after more than one year | 29 | €254,562 | - | -€254,562 | |
| Other amounts receivable | 291 | €254,562 | - | -€254,562 | |
| Stocks and contracts in progress | 3 | €2,113,924 | €1,838,198 | -€275,725 | -13.0% |
| Stocks | 30/36 | €2,113,924 | €1,838,198 | -€275,725 | -13.0% |
| Goods purchased for resale | 34 | €2,113,924 | €1,838,198 | -€275,725 | -13.0% |
| Amounts receivable within one year | 40/41 | €5,012,053 | €4,986,025 | -€26,028 | -0.5% |
| Trade receivables | 40 | €4,842,835 | €4,981,809 | +€138,974 | +2.9% |
| Other amounts receivable | 41 | €169,217 | €4,216 | -€165,001 | -97.5% |
| Cash at bank and in hand | 54/58 | €1,735,969 | €1,345,100 | -€390,869 | -22.5% |
| Deferred charges and accrued income | 490/1 | €21,291 | - | -€21,291 | |
| Total equity and liabilities | 10/49 | €9,144,904 | €9,729,812 | +€584,908 | +6.4% |
| Equity | 10/15 | €5,612,224 | €6,036,177 | +€423,953 | +7.6% |
| Contributions | 10/11 | €750,000 | €750,000 | = | 0.0% |
| Capital | 10 | €750,000 | €750,000 | = | 0.0% |
| Issued capital | 100 | €750,000 | €750,000 | = | 0.0% |
| Reserves | 13 | €75,000 | €75,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €75,000 | €75,000 | = | 0.0% |
| Legal reserve | 130 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,787,224 | €5,211,177 | +€423,953 | +8.9% |
| Amounts payable | 17/49 | €3,532,680 | €3,693,635 | +€160,956 | +4.6% |
| Amounts payable within one year | 42/48 | €3,532,680 | €3,693,635 | +€160,956 | +4.6% |
| Trade debts | 44 | €2,764,103 | €2,831,426 | +€67,323 | +2.4% |
| Suppliers | 440/4 | €2,764,103 | €2,831,426 | +€67,323 | +2.4% |
| Taxes, remuneration and social security | 45 | €8,577 | €239,932 | +€231,355 | +2,697% |
| Taxes | 450/3 | €3,445 | €238,389 | +€234,944 | +6,821% |
| Remuneration and social security | 454/9 | €5,132 | €1,543 | -€3,589 | -69.9% |
| Other amounts payable | 47/48 | €760,000 | €622,277 | -€137,723 | -18.1% |
| Operating income | 70/76A | €13,246,477 | €15,357,305 | +€2.1m | +15.9% |
| Turnover | 70 | €13,214,993 | €15,324,302 | +€2.1m | +16.0% |
| Other operating income | 74 | €31,484 | €33,003 | +€1,519 | +4.8% |
| Operating charges | 60/66A | €12,885,052 | €14,894,073 | +€2.0m | +15.6% |
| Goods for resale, raw materials and consumables | 60 | €12,462,438 | €14,485,215 | +€2.0m | +16.2% |
| Purchases | 600/8 | €11,534,437 | €14,209,490 | +€2.7m | +23.2% |
| Change in stocks: decrease (increase) | 609 | €928,002 | €275,725 | -€652,276 | -70.3% |
| Services and other goods | 61 | €377,753 | €381,636 | +€3,883 | +1.0% |
| Remuneration, social security and pensions | 62 | €33,769 | €8,968 | -€24,801 | -73.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,096 | €1,528 | -€568 | -27.1% |
| Other operating charges | 640/8 | €8,996 | €16,726 | +€7,730 | +85.9% |
| Operating profit (loss) | 9901 | €361,425 | €463,232 | +€101,807 | +28.2% |
| Financial income | 75/76B | €7,807 | €14,671 | +€6,864 | +87.9% |
| Recurring financial income | 75 | €7,807 | €14,671 | +€6,864 | +87.9% |
| Income from financial fixed assets | 750 | - | €295 | +€295 | |
| Income from current assets | 751 | €7,783 | €14,225 | +€6,442 | +82.8% |
| Other financial income | 752/9 | €24 | €151 | +€127 | +523% |
| Financial charges | 65/66B | €29,141 | €32,733 | +€3,592 | +12.3% |
| Recurring financial charges | 65 | €29,141 | €32,733 | +€3,592 | +12.3% |
| Debt charges | 650 | €23,514 | €26,656 | +€3,143 | +13.4% |
| Other financial charges | 652/9 | €5,627 | €6,076 | +€449 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | €340,092 | €445,171 | +€105,079 | +30.9% |
| Income taxes | 67/77 | €18,197 | €21,218 | +€3,021 | +16.6% |
| Taxes | 670/3 | €18,197 | €21,218 | +€3,021 | +16.6% |
| Profit (loss) for the period | 9904 | €321,895 | €423,953 | +€102,058 | +31.7% |
| Profit (loss) for the period to be appropriated | 9905 | €321,895 | €423,953 | +€102,058 | +31.7% |
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 16 October 2026 via checked.be.