ARTIS VISIONARIA: 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
ARTIS VISIONARIA
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.8m
2024 · €1.7m+€53,592
Equity
€11.3m
2024 · €9.8m+€1.6m
Cash
€316,816
2024 · €296,652+€20,164
Balance sheet total
€14.7m
2024 · €15.0m-€344,297
Largest movements
Assets
- Financial fixed assets -€342,758
down €342,758 (-2.5%), from €13.7m to €13.3m
of which Companies linked by participating interests: -€342,758
Equity and liabilities
- Profit (loss) carried forward +€1.6m
up €1.6m (+36.6%), from €4.3m to €5.8m
- Other debts -€904,534
down €904,534 (-44.4%), from €2.0m to €1.1m
- Debts after one year -€803,572
down €803,572 (-42.5%), from €1.9m to €1.1m
- Current portion of long-term debt -€339,082
down €339,082 (-29.7%), from €1.1m to €803,572
Income statement
- Financial charges -€426,559
down €426,559 (-93.0%), from €458,543 to €31,984
of which Non-recurring financial charges: -€400,000
- Financial income -€250,973
down €250,973 (-16.6%), from €1.5m to €1.3m
- Services and other goods +€100,869
up €100,869 (+15.6%), from €646,705 to €747,573
- Turnover -€26,027
down €26,027 (-1.8%), from €1.4m to €1.4m
- Taxes -€19,778
down €19,778 (-15.0%), from €131,846 to €112,068
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
€1.7m
Turnover
-€26,027
Other operating income
+€647
Goods and materials
-€15,493
Services and other goods
-€100,869
Other operating charges
-€31
Financial income
-€250,973
Financial charges
+€426,559
Taxes
+€19,778
Result 2025
€1.8m
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
+€1.0m
Investment
+€342,758
Financing
-€1.3m
Cash 2024
€296,652
From operations (derived)
+€1.0m
Net result for the year
+€1.8m
Receivables within one year
+€21,703
Trade debts
+€72,238
Tax, wage and social debts
+€63,068
Other debts
-€904,534
Investment (derived)
+€342,758
Investment in fixed assets (net)
+€342,758
Financing
-€1.3m
Debts after one year
-€803,572
Current portion of long-term debt
-€339,082
Contributions, distributions and other
-€200,000
Cash 2025
€316,816
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,006,058 | €14,661,761 | -€344,297 | -2.3% |
| Fixed assets | 21/28 | €13,652,631 | €13,309,873 | -€342,758 | -2.5% |
| Financial fixed assets | 28 | €13,652,631 | €13,309,873 | -€342,758 | -2.5% |
| Affiliated companies | 280/1 | €12,192,741 | €12,192,741 | = | 0.0% |
| Participating interests | 280 | €12,192,741 | €12,192,741 | = | 0.0% |
| Companies linked by participating interests | 282/3 | €1,459,890 | €1,117,132 | -€342,758 | -23.5% |
| Amounts receivable | 283 | €1,459,890 | €1,117,132 | -€342,758 | -23.5% |
| Current assets | 29/58 | €1,353,427 | €1,351,888 | -€1,538 | -0.1% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €1,056,775 | €1,035,072 | -€21,703 | -2.1% |
| Trade receivables | 40 | €1,020,340 | €994,313 | -€26,027 | -2.6% |
| Other amounts receivable | 41 | €36,435 | €40,760 | +€4,325 | +11.9% |
| Cash at bank and in hand | 54/58 | €296,652 | €316,816 | +€20,164 | +6.8% |
| Total equity and liabilities | 10/49 | €15,006,058 | €14,661,761 | -€344,297 | -2.3% |
| Equity | 10/15 | €9,780,591 | €11,348,176 | +€1.6m | +16.0% |
| Contributions | 10/11 | €5,500,000 | €5,500,000 | = | 0.0% |
| Capital | 10 | €5,500,000 | €5,500,000 | = | 0.0% |
| Issued capital | 100 | €5,500,000 | €5,500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,280,591 | €5,848,176 | +€1.6m | +36.6% |
| Amounts payable | 17/49 | €5,225,467 | €3,313,585 | -€1.9m | -36.6% |
| Amounts payable after more than one year | 17 | €1,892,237 | €1,088,665 | -€803,572 | -42.5% |
| Financial debts | 170/4 | €1,892,237 | €1,088,665 | -€803,572 | -42.5% |
| Credit institutions | 173 | €1,892,237 | €1,088,665 | -€803,572 | -42.5% |
| Amounts payable within one year | 42/48 | €3,333,230 | €2,224,919 | -€1.1m | -33.3% |
| Current portion of amounts payable after more than one year | 42 | €1,142,654 | €803,572 | -€339,082 | -29.7% |
| Financial debts | 43 | €0 | - | = | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €20,025 | €92,263 | +€72,238 | +361% |
| Suppliers | 440/4 | €20,025 | €92,263 | +€72,238 | +361% |
| Taxes, remuneration and social security | 45 | €131,846 | €194,915 | +€63,068 | +47.8% |
| Taxes | 450/3 | €131,846 | €194,915 | +€63,068 | +47.8% |
| Other amounts payable | 47/48 | €2,038,704 | €1,134,170 | -€904,534 | -44.4% |
| Operating income | 70/76A | €1,443,840 | €1,418,460 | -€25,380 | -1.8% |
| Turnover | 70 | €1,443,840 | €1,417,813 | -€26,027 | -1.8% |
| Other operating income | 74 | - | €647 | +€647 | |
| Operating charges | 60/66A | €647,672 | €764,064 | +€116,392 | +18.0% |
| Goods for resale, raw materials and consumables | 60 | - | €15,493 | +€15,493 | |
| Purchases | 600/8 | - | €15,493 | +€15,493 | |
| Services and other goods | 61 | €646,705 | €747,573 | +€100,869 | +15.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Operating profit (loss) | 9901 | €796,168 | €654,395 | -€141,772 | -17.8% |
| Financial income | 75/76B | €1,508,215 | €1,257,242 | -€250,973 | -16.6% |
| Recurring financial income | 75 | €1,508,215 | €1,257,242 | -€250,973 | -16.6% |
| Income from financial fixed assets | 750 | €6,000 | €7,242 | +€1,242 | +20.7% |
| Income from current assets | 751 | €1,502,214 | €1,250,000 | -€252,214 | -16.8% |
| Financial charges | 65/66B | €458,543 | €31,984 | -€426,559 | -93.0% |
| Recurring financial charges | 65 | €58,543 | €31,984 | -€26,559 | -45.4% |
| Debt charges | 650 | €57,954 | €31,783 | -€26,172 | -45.2% |
| Other financial charges | 652/9 | €589 | €201 | -€388 | -65.8% |
| Non-recurring financial charges | 66B | €400,000 | €0 | -€400,000 | -100% |
| Profit (loss) for the period before taxes | 9903 | €1,845,840 | €1,879,654 | +€33,814 | +1.8% |
| Income taxes | 67/77 | €131,846 | €112,068 | -€19,778 | -15.0% |
| Taxes | 670/3 | €131,846 | €112,068 | -€19,778 | -15.0% |
| Profit (loss) for the period | 9904 | €1,713,993 | €1,767,585 | +€53,592 | +3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,713,993 | €1,767,585 | +€53,592 | +3.1% |
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 26 October 2026 via checked.be.