Artisa Studio: 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.
Artisa Studio
Largest movements
- Tangible fixed assets -€11,689
down €11,689 (-6.0%), from €195,301 to €183,612
- Cash -€5,173
down €5,173 (-30.8%), from €16,802 to €11,629
mainly Other debts (-€19,274) and Debts after one year (-€7,040)
- Other debts -€19,274
down €19,274 (-50.0%), from €38,569 to €19,295
- Reserves +€8,350
up €8,350 (+277%), from €3,009 to €11,360
- Debts after one year -€7,040
down €7,040 (-4.6%), from €152,067 to €145,027
- Gross operating margin +€18,121
up €18,121 (+119%), from €15,210 to €33,331
- Depreciation +€9,964
up €9,964 (+246%), from €4,055 to €14,019
- Financial charges +€3,523
up €3,523 (+146%), from €2,418 to €5,941
- Other operating charges -€2,319
down €2,319 (-58.8%), from €3,945 to €1,626
- Taxes +€1,582
up €1,582 (+160%), from €987 to €2,569
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 | €214,380 | €198,691 | -€15,689 | -7.3% |
| Fixed assets | 21/28 | €195,301 | €183,612 | -€11,689 | -6.0% |
| Tangible fixed assets | 22/27 | €195,301 | €183,612 | -€11,689 | -6.0% |
| Land and buildings | 22 | €163,233 | €158,195 | -€5,037 | -3.1% |
| Plant, machinery and equipment | 23 | €8,607 | €7,097 | -€1,511 | -17.6% |
| Other tangible fixed assets | 26 | €23,461 | €18,320 | -€5,141 | -21.9% |
| Current assets | 29/58 | €19,079 | €15,079 | -€4,000 | -21.0% |
| Amounts receivable within one year | 40/41 | €2,277 | €2,832 | +€555 | +24.4% |
| Trade receivables | 40 | €2,277 | €672 | -€1,605 | -70.5% |
| Other amounts receivable | 41 | - | €2,160 | +€2,160 | |
| Cash at bank and in hand | 54/58 | €16,802 | €11,629 | -€5,173 | -30.8% |
| Deferred charges and accrued income | 490/1 | - | €618 | +€618 | |
| Total equity and liabilities | 10/49 | €214,380 | €198,691 | -€15,689 | -7.3% |
| Equity | 10/15 | €8,009 | €16,360 | +€8,350 | +104% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €3,009 | €11,360 | +€8,350 | +277% |
| Distributable reserves | 133 | €3,009 | €11,360 | +€8,350 | +277% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €206,370 | €182,331 | -€24,039 | -11.6% |
| Amounts payable after more than one year | 17 | €152,067 | €145,027 | -€7,040 | -4.6% |
| Financial debts | 170/4 | €152,067 | €145,027 | -€7,040 | -4.6% |
| Amounts payable within one year | 42/48 | €54,304 | €37,305 | -€16,999 | -31.3% |
| Current portion of amounts payable after more than one year | 42 | €6,774 | €7,040 | +€266 | +3.9% |
| Financial debts | 43 | - | €0 | = | |
| Credit institutions | 430/8 | - | €0 | = | |
| Trade debts | 44 | €2,690 | €3,117 | +€427 | +15.9% |
| Suppliers | 440/4 | €2,690 | €3,117 | +€427 | +15.9% |
| Taxes, remuneration and social security | 45 | €6,270 | €7,852 | +€1,582 | +25.2% |
| Taxes | 450/3 | €6,270 | €7,852 | +€1,582 | +25.2% |
| Other amounts payable | 47/48 | €38,569 | €19,295 | -€19,274 | -50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,055 | €14,019 | +€9,964 | +246% |
| Other operating charges | 640/8 | €3,945 | €1,626 | -€2,319 | -58.8% |
| Gross operating margin | 9900 | €15,210 | €33,331 | +€18,121 | +119% |
| Operating profit (loss) | 9901 | €7,210 | €17,686 | +€10,476 | +145% |
| Financial income | 75/76B | €37 | €7 | -€29 | -80.0% |
| Recurring financial income | 75 | €37 | €7 | -€29 | -80.0% |
| Financial charges | 65/66B | €2,418 | €5,941 | +€3,523 | +146% |
| Recurring financial charges | 65 | €2,418 | €5,941 | +€3,523 | +146% |
| Profit (loss) for the period before taxes | 9903 | €4,829 | €11,752 | +€6,923 | +143% |
| Income taxes | 67/77 | €987 | €2,569 | +€1,582 | +160% |
| Profit (loss) for the period | 9904 | €3,842 | €9,183 | +€5,341 | +139% |
| Profit (loss) for the period to be appropriated | 9905 | €3,842 | €9,183 | +€5,341 | +139% |
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 15 October 2026 via checked.be.