ARTIPOOL: 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.
ARTIPOOL
Largest movements
- Receivables within one year -€17,310
down €17,310 (-34.3%), from €50,502 to €33,192
of which Trade receivables: -€18,265
- Cash -€14,703
down €14,703 (-71.4%), from €20,587 to €5,884
mainly Trade debts (-€26,205) and Other debts (-€6,279)
- Tangible fixed assets -€5,375
down €5,375 (-8.3%), from €64,497 to €59,122
of which Land and buildings: -€3,327
- Deferred charges and accrued income +€1,651
up €1,651 (+212.8%), from €776 to €2,427
- Trade debts -€26,205
down €26,205 (-78.1%), from €33,539 to €7,335
- Other debts -€6,279
down €6,279 (-73.4%), from €8,555 to €2,276
- Tax, wage and social debts -€3,672
down €3,672 (-25.4%), from €14,477 to €10,805
- Gross operating margin +€16,178
up €16,178, from -€6,891 to €9,287
- Depreciation -€1,518
down €1,518 (-22.0%), from €6,893 to €5,375
- Other operating charges +€959
up €959 (+61.2%), from €1,566 to €2,526
- Financial income -€828
down €828 (-99.8%), from €830 to €2
- Financial charges +€322
up €322 (+88.9%), from €362 to €685
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 | €136,361 | €100,625 | -€35,737 | -26.2% |
| Fixed assets | 21/28 | €64,497 | €59,122 | -€5,375 | -8.3% |
| Tangible fixed assets | 22/27 | €64,497 | €59,122 | -€5,375 | -8.3% |
| Land and buildings | 22 | €59,454 | €56,127 | -€3,327 | -5.6% |
| Plant, machinery and equipment | 23 | €3,723 | €1,836 | -€1,887 | -50.7% |
| Furniture and vehicles | 24 | €1,320 | €1,159 | -€160 | -12.1% |
| Current assets | 29/58 | €71,865 | €41,503 | -€30,362 | -42.2% |
| Amounts receivable within one year | 40/41 | €50,502 | €33,192 | -€17,310 | -34.3% |
| Trade receivables | 40 | €43,027 | €24,762 | -€18,265 | -42.4% |
| Other amounts receivable | 41 | €7,475 | €8,429 | +€954 | +12.8% |
| Cash at bank and in hand | 54/58 | €20,587 | €5,884 | -€14,703 | -71.4% |
| Deferred charges and accrued income | 490/1 | €776 | €2,427 | +€1,651 | +212.8% |
| Total equity and liabilities | 10/49 | €136,361 | €100,625 | -€35,737 | -26.2% |
| Equity | 10/15 | €64,290 | €64,709 | +€419 | +0.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €56,137 | €56,137 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €54,278 | €54,278 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,439 | -€10,020 | +€419 | +4.0% |
| Amounts payable | 17/49 | €72,071 | €35,915 | -€36,156 | -50.2% |
| Amounts payable after more than one year | 17 | €15,500 | €15,500 | = | 0.0% |
| Financial debts | 170/4 | €15,500 | €15,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €56,571 | €20,415 | -€36,156 | -63.9% |
| Trade debts | 44 | €33,539 | €7,335 | -€26,205 | -78.1% |
| Suppliers | 440/4 | €33,539 | €7,335 | -€26,205 | -78.1% |
| Taxes, remuneration and social security | 45 | €14,477 | €10,805 | -€3,672 | -25.4% |
| Taxes | 450/3 | €14,477 | €10,805 | -€3,672 | -25.4% |
| Other amounts payable | 47/48 | €8,555 | €2,276 | -€6,279 | -73.4% |
| Non-recurring operating income | 76A | €624 | - | -€624 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,893 | €5,375 | -€1,518 | -22.0% |
| Other operating charges | 640/8 | €1,566 | €2,526 | +€959 | +61.2% |
| Gross operating margin | 9900 | -€6,891 | €9,287 | +€16,178 | |
| Operating profit (loss) | 9901 | -€15,351 | €1,387 | +€16,738 | |
| Financial income | 75/76B | €830 | €2 | -€828 | -99.8% |
| Recurring financial income | 75 | €830 | €2 | -€828 | -99.8% |
| Financial charges | 65/66B | €362 | €685 | +€322 | +88.9% |
| Recurring financial charges | 65 | €362 | €685 | +€322 | +88.9% |
| Profit (loss) for the period before taxes | 9903 | -€14,883 | €704 | +€15,587 | |
| Income taxes | 67/77 | €265 | €285 | +€20 | +7.6% |
| Profit (loss) for the period | 9904 | -€15,148 | €419 | +€15,567 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,148 | €419 | +€15,567 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.