ARTIS: 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.
ARTIS
Largest movements
- Cash +€58,154
up €58,154 (+69.6%), from €83,593 to €141,746
mainly Net result for the year (+€46,251) and Depreciation (+€36,985)
- Receivables within one year -€32,171
down €32,171 (-93.0%), from €34,578 to €2,408
of which Trade receivables: -€31,531
- Profit (loss) carried forward +€46,251
up €46,251 (+779%), from €5,938 to €52,189
- Other debts -€13,901
down €13,901 (-6.8%), from €203,535 to €189,634
- Tax, wage and social debts -€12,013
down €12,013 (-43.2%), from €27,808 to €15,795
of which Taxes: -€6,247
- Trade debts +€3,229
new in 2025: €3,229
- Turnover +€188,105
new in 2025: €188,105
- Purchases and services +€103,195
new in 2025: €103,195
- Gross operating margin -€36,017
down €36,017 (-27.8%), from €129,382 to €93,365
- Taxes +€8,400
new in 2025: €8,400
- Depreciation +€7,352
up €7,352 (+24.8%), from €29,632 to €36,985
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 | €260,961 | €284,528 | +€23,567 | +9.0% |
| Fixed assets | 21/28 | €135,378 | €132,750 | -€2,628 | -1.9% |
| Tangible fixed assets | 22/27 | €134,348 | €131,720 | -€2,628 | -2.0% |
| Plant, machinery and equipment | 23 | €76,678 | €86,260 | +€9,582 | +12.5% |
| Furniture and vehicles | 24 | €57,670 | €45,460 | -€12,210 | -21.2% |
| Financial fixed assets | 28 | €1,030 | €1,030 | = | 0.0% |
| Current assets | 29/58 | €125,583 | €151,778 | +€26,195 | +20.9% |
| Stocks and contracts in progress | 3 | €7,412 | €7,624 | +€212 | +2.9% |
| Stocks | 30/36 | €7,412 | €7,624 | +€212 | +2.9% |
| Amounts receivable within one year | 40/41 | €34,578 | €2,408 | -€32,171 | -93.0% |
| Trade receivables | 40 | €33,814 | €2,283 | -€31,531 | -93.2% |
| Other amounts receivable | 41 | €764 | €125 | -€639 | -83.7% |
| Cash at bank and in hand | 54/58 | €83,593 | €141,746 | +€58,154 | +69.6% |
| Total equity and liabilities | 10/49 | €260,961 | €284,528 | +€23,567 | +9.0% |
| Equity | 10/15 | €29,006 | €75,257 | +€46,251 | +159% |
| Contributions | 10/11 | €9,172 | €9,172 | = | 0.0% |
| Capital | 10 | €9,172 | €9,172 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Uncalled capital | 101 | €9,420 | €9,420 | = | 0.0% |
| Reserves | 13 | €13,896 | €13,896 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,037 | €12,037 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,938 | €52,189 | +€46,251 | +779% |
| Amounts payable | 17/49 | €231,955 | €209,271 | -€22,684 | -9.8% |
| Amounts payable within one year | 42/48 | €231,955 | €209,271 | -€22,684 | -9.8% |
| Trade debts | 44 | - | €3,229 | +€3,229 | |
| Suppliers | 440/4 | - | €3,229 | +€3,229 | |
| Advances received on contracts in progress | 46 | €612 | €612 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €27,808 | €15,795 | -€12,013 | -43.2% |
| Taxes | 450/3 | €19,808 | €13,561 | -€6,247 | -31.5% |
| Remuneration and social security | 454/9 | €8,000 | €2,235 | -€5,765 | -72.1% |
| Other amounts payable | 47/48 | €203,535 | €189,634 | -€13,901 | -6.8% |
| Turnover | 70 | - | €188,105 | +€188,105 | |
| Non-recurring operating income | 76A | - | €8,454 | +€8,454 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €103,195 | +€103,195 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,632 | €36,985 | +€7,352 | +24.8% |
| Other operating charges | 640/8 | €555 | €1,575 | +€1,020 | +184% |
| Gross operating margin | 9900 | €129,382 | €93,365 | -€36,017 | -27.8% |
| Operating profit (loss) | 9901 | €99,195 | €54,805 | -€44,390 | -44.7% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €27 | €155 | +€128 | +470% |
| Recurring financial charges | 65 | €27 | €155 | +€128 | +470% |
| Profit (loss) for the period before taxes | 9903 | €99,167 | €54,651 | -€44,516 | -44.9% |
| Income taxes | 67/77 | - | €8,400 | +€8,400 | |
| Profit (loss) for the period | 9904 | €99,167 | €46,251 | -€52,916 | -53.4% |
| Profit (loss) for the period to be appropriated | 9905 | €99,167 | €46,251 | -€52,916 | -53.4% |
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 13 October 2026 via checked.be.