ARTIOS: 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.
ARTIOS
Largest movements
- Tangible fixed assets +€47,432
up €47,432 (+14.1%), from €336,011 to €383,443
of which Furniture and vehicles: +€45,940
- Cash -€19,702
down €19,702 (-12.3%), from €160,307 to €140,605
- Reserves +€37,404
up €37,404 (+170.8%), from €21,900 to €59,304
of which Distributable reserves: +€37,404
- Gross operating margin +€18,583
up €18,583 (+39.7%), from €46,765 to €65,347
- Depreciation +€2,483
up €2,483 (+10.7%), from €23,299 to €25,782
- Taxes +€2,382
up €2,382 (+40.6%), from €5,869 to €8,251
- Financial income +€790
up €790 (+11110.5%), from €7 to €797
From the 2022 result to the 2024 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €548,049 | €579,428 | +€31,379 | +5.7% |
| Fixed assets | 21/28 | €336,011 | €383,443 | +€47,432 | +14.1% |
| Tangible fixed assets | 22/27 | €336,011 | €383,443 | +€47,432 | +14.1% |
| Land and buildings | 22 | €324,213 | €324,254 | +€41 | 0.0% |
| Plant, machinery and equipment | 23 | €941 | €2,393 | +€1,452 | +154.3% |
| Furniture and vehicles | 24 | €10,857 | €56,796 | +€45,940 | +423.1% |
| Current assets | 29/58 | €212,038 | €195,985 | -€16,054 | -7.6% |
| Amounts receivable within one year | 40/41 | €50,978 | €50,301 | -€677 | -1.3% |
| Trade receivables | 40 | €22,774 | €21,461 | -€1,313 | -5.8% |
| Other amounts receivable | 41 | €28,204 | €28,840 | +€636 | +2.3% |
| Cash at bank and in hand | 54/58 | €160,307 | €140,605 | -€19,702 | -12.3% |
| Deferred charges and accrued income | 490/1 | €753 | €5,078 | +€4,325 | +574.3% |
| Total equity and liabilities | 10/49 | €548,049 | €579,428 | +€31,379 | +5.7% |
| Equity | 10/15 | €390,450 | €427,854 | +€37,404 | +9.6% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Outside capital | 11 | €19,000 | €19,000 | = | 0.0% |
| Other | 1109/19 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €21,900 | €59,304 | +€37,404 | +170.8% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €57,404 | +€37,404 | +187.0% |
| Profit (loss) carried forward | 14 | €349,550 | €349,550 | +€0 | 0.0% |
| Amounts payable | 17/49 | €157,599 | €151,574 | -€6,026 | -3.8% |
| Amounts payable after more than one year | 17 | €41,364 | €38,010 | -€3,354 | -8.1% |
| Financial debts | 170/4 | €41,364 | €38,010 | -€3,354 | -8.1% |
| Amounts payable within one year | 42/48 | €116,235 | €113,563 | -€2,672 | -2.3% |
| Current portion of amounts payable after more than one year | 42 | €20,686 | €17,727 | -€2,959 | -14.3% |
| Trade debts | 44 | €15,597 | €17,625 | +€2,028 | +13.0% |
| Suppliers | 440/4 | €15,597 | €17,625 | +€2,028 | +13.0% |
| Taxes, remuneration and social security | 45 | €840 | €980 | +€140 | +16.7% |
| Taxes | 450/3 | €165 | €980 | +€815 | +494.5% |
| Remuneration and social security | 454/9 | €675 | - | -€675 | |
| Other amounts payable | 47/48 | €79,112 | €77,231 | -€1,881 | -2.4% |
| Non-recurring operating income | 76A | - | €264 | +€264 | |
| Remuneration, social security and pensions | 62 | €355 | €191 | -€163 | -46.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,299 | €25,782 | +€2,483 | +10.7% |
| Other operating charges | 640/8 | €3,016 | €3,439 | +€423 | +14.0% |
| Non-recurring operating charges | 66A | - | €34 | +€34 | |
| Gross operating margin | 9900 | €46,765 | €65,347 | +€18,583 | +39.7% |
| Operating profit (loss) | 9901 | €20,095 | €35,901 | +€15,806 | +78.7% |
| Financial income | 75/76B | €7 | €797 | +€790 | +11110.5% |
| Recurring financial income | 75 | €7 | €797 | +€790 | +11110.5% |
| Financial charges | 65/66B | €3,237 | €3,052 | -€185 | -5.7% |
| Recurring financial charges | 65 | €3,237 | €3,052 | -€185 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €16,865 | €33,646 | +€16,781 | +99.5% |
| Income taxes | 67/77 | €5,869 | €8,251 | +€2,382 | +40.6% |
| Profit (loss) for the period | 9904 | €10,996 | €25,395 | +€14,399 | +130.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,996 | €25,395 | +€14,399 | +130.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.