ARTINIS: 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.
ARTINIS
Largest movements
- Cash -€70,901
down €70,901 (-47.5%), from €149,270 to €78,369
mainly Investment in fixed assets (net) (-€67,407) and Accrued charges and deferred income (-€12,870)
- Tangible fixed assets +€53,918
up €53,918 (+11,840%), from €455 to €54,374
of which Furniture and vehicles: +€54,070
- Receivables within one year -€21,749
down €21,749 (-83.8%), from €25,964 to €4,215
of which Trade receivables: -€16,607
- Accrued charges and deferred income -€12,870
down €12,870 (-98.1%), from €13,120 to €250
- Other debts -€11,780
down €11,780 (-31.7%), from €37,129 to €25,349
- Profit (loss) carried forward -€9,403
down €9,403 (-844%), from -€1,114 to -€10,517
- Trade debts -€4,860
down €4,860 (-47.8%), from €10,165 to €5,305
- Turnover -€353,368
down €353,368 (-79.6%), from €443,659 to €90,291
- Purchases and services -€324,928
down €324,928 (-80.5%), from €403,609 to €78,681
- Gross operating margin -€28,440
down €28,440 (-71.0%), from €40,050 to €11,610
- Staff costs -€12,829
down €12,829 (-100%), from €12,829 to €0
- Depreciation +€11,473
up €11,473 (+522%), from €2,196 to €13,669
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 | €175,870 | €136,958 | -€38,912 | -22.1% |
| Fixed assets | 21/28 | €635 | €54,374 | +€53,738 | +8,457% |
| Tangible fixed assets | 22/27 | €455 | €54,374 | +€53,918 | +11,840% |
| Plant, machinery and equipment | 23 | €455 | €304 | -€152 | -33.3% |
| Furniture and vehicles | 24 | - | €54,070 | +€54,070 | |
| Financial fixed assets | 28 | €180 | €0 | -€180 | -100% |
| Current assets | 29/58 | €175,235 | €82,585 | -€92,650 | -52.9% |
| Amounts receivable within one year | 40/41 | €25,964 | €4,215 | -€21,749 | -83.8% |
| Trade receivables | 40 | €19,486 | €2,878 | -€16,607 | -85.2% |
| Other amounts receivable | 41 | €6,479 | €1,337 | -€5,142 | -79.4% |
| Cash at bank and in hand | 54/58 | €149,270 | €78,369 | -€70,901 | -47.5% |
| Total equity and liabilities | 10/49 | €175,870 | €136,958 | -€38,912 | -22.1% |
| Equity | 10/15 | €114,886 | €105,483 | -€9,403 | -8.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €54,000 | €54,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €47,800 | €47,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,114 | -€10,517 | -€9,403 | -844% |
| Amounts payable | 17/49 | €60,984 | €31,476 | -€29,509 | -48.4% |
| Amounts payable within one year | 42/48 | €47,864 | €31,226 | -€16,639 | -34.8% |
| Trade debts | 44 | €10,165 | €5,305 | -€4,860 | -47.8% |
| Suppliers | 440/4 | €10,165 | €5,305 | -€4,860 | -47.8% |
| Taxes, remuneration and social security | 45 | €570 | €571 | +€1 | +0.2% |
| Taxes | 450/3 | €570 | €571 | +€1 | +0.2% |
| Other amounts payable | 47/48 | €37,129 | €25,349 | -€11,780 | -31.7% |
| Accrued charges and deferred income | 492/3 | €13,120 | €250 | -€12,870 | -98.1% |
| Turnover | 70 | €443,659 | €90,291 | -€353,368 | -79.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €403,609 | €78,681 | -€324,928 | -80.5% |
| Remuneration, social security and pensions | 62 | €12,829 | €0 | -€12,829 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,196 | €13,669 | +€11,473 | +522% |
| Other operating charges | 640/8 | €2,918 | €8,405 | +€5,488 | +188% |
| Gross operating margin | 9900 | €40,050 | €11,610 | -€28,440 | -71.0% |
| Operating profit (loss) | 9901 | €22,106 | -€10,465 | -€32,571 | |
| Financial income | 75/76B | €472 | €1,345 | +€873 | +185% |
| Recurring financial income | 75 | €472 | €1,345 | +€873 | +185% |
| Financial charges | 65/66B | €1,046 | €218 | -€828 | -79.1% |
| Recurring financial charges | 65 | €1,046 | €218 | -€828 | -79.1% |
| Profit (loss) for the period before taxes | 9903 | €21,533 | -€9,338 | -€30,870 | |
| Income taxes | 67/77 | €201 | €66 | -€135 | -67.3% |
| Profit (loss) for the period | 9904 | €21,332 | -€9,403 | -€30,735 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,332 | -€9,403 | -€30,735 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.