ARTISAN DISTRI: 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.
ARTISAN DISTRI
Largest movements
- Tangible fixed assets +€130,948
up €130,948 (+81.7%), from €160,325 to €291,273
of which Plant, machinery and equipment: +€136,887
- Cash +€86,706
up €86,706 (+257%), from €33,783 to €120,488
mainly Debts after one year (+€147,225) and Trade debts (+€63,839)
- Receivables within one year +€60,538
up €60,538 (+21.9%), from €276,853 to €337,391
of which Trade receivables: +€52,124
- Stocks and contracts +€53,649
up €53,649 (+58.5%), from €91,754 to €145,403
- Deferred charges and accrued income +€44,245
up €44,245 (+46.3%), from €95,496 to €139,741
- Debts after one year +€147,225
up €147,225 (+1,128%), from €13,057 to €160,281
- Trade debts +€63,839
up €63,839 (+32.9%), from €193,791 to €257,631
- Current portion of long-term debt +€62,619
up €62,619 (+37.1%), from €168,759 to €231,378
- Profit (loss) carried forward +€56,166
up €56,166 (+51.0%), from -€110,066 to -€53,900
- Other debts +€40,447
up €40,447 (+19.3%), from €209,908 to €250,356
- Gross operating margin +€89,895
up €89,895 (+39.4%), from €228,349 to €318,244
- Staff costs +€53,765
up €53,765 (+33.2%), from €161,726 to €215,491
- Financial income +€40,700
up €40,700 (+1,098%), from €3,707 to €44,407
of which Non-recurring financial income: +€44,000
- Depreciation -€18,345
down €18,345 (-23.0%), from €79,617 to €61,273
- Financial charges +€11,348
up €11,348 (+73.4%), from €15,466 to €26,814
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 | €681,753 | €1,052,281 | +€370,528 | +54.3% |
| Fixed assets | 21/28 | €183,867 | €309,257 | +€125,391 | +68.2% |
| Intangible fixed assets | 21 | €13,837 | €8,280 | -€5,557 | -40.2% |
| Tangible fixed assets | 22/27 | €160,325 | €291,273 | +€130,948 | +81.7% |
| Plant, machinery and equipment | 23 | €91,306 | €228,193 | +€136,887 | +150% |
| Furniture and vehicles | 24 | €53,988 | €49,995 | -€3,993 | -7.4% |
| Other tangible fixed assets | 26 | €15,030 | €13,084 | -€1,946 | -12.9% |
| Financial fixed assets | 28 | €9,705 | €9,705 | = | 0.0% |
| Current assets | 29/58 | €497,886 | €743,023 | +€245,137 | +49.2% |
| Stocks and contracts in progress | 3 | €91,754 | €145,403 | +€53,649 | +58.5% |
| Stocks | 30/36 | €91,754 | €145,403 | +€53,649 | +58.5% |
| Amounts receivable within one year | 40/41 | €276,853 | €337,391 | +€60,538 | +21.9% |
| Trade receivables | 40 | €272,925 | €325,049 | +€52,124 | +19.1% |
| Other amounts receivable | 41 | €3,928 | €12,342 | +€8,414 | +214% |
| Cash at bank and in hand | 54/58 | €33,783 | €120,488 | +€86,706 | +257% |
| Deferred charges and accrued income | 490/1 | €95,496 | €139,741 | +€44,245 | +46.3% |
| Total equity and liabilities | 10/49 | €681,753 | €1,052,281 | +€370,528 | +54.3% |
| Equity | 10/15 | €61,074 | €117,240 | +€56,166 | +92.0% |
| Contributions | 10/11 | €171,140 | €171,140 | = | 0.0% |
| Contributions outside capital | 11 | €171,140 | - | -€171,140 | |
| Other | 1109/19 | €171,140 | - | -€171,140 | |
| Profit (loss) carried forward | 14 | -€110,066 | -€53,900 | +€56,166 | +51.0% |
| Amounts payable | 17/49 | €620,678 | €935,041 | +€314,362 | +50.6% |
| Amounts payable after more than one year | 17 | €13,057 | €160,281 | +€147,225 | +1,128% |
| Financial debts | 170/4 | €13,057 | €160,281 | +€147,225 | +1,128% |
| Amounts payable within one year | 42/48 | €602,003 | €770,812 | +€168,809 | +28.0% |
| Current portion of amounts payable after more than one year | 42 | €168,759 | €231,378 | +€62,619 | +37.1% |
| Trade debts | 44 | €193,791 | €257,631 | +€63,839 | +32.9% |
| Suppliers | 440/4 | €193,791 | €257,631 | +€63,839 | +32.9% |
| Advances received on contracts in progress | 46 | €55 | €0 | -€55 | -100% |
| Taxes, remuneration and social security | 45 | €29,489 | €31,447 | +€1,958 | +6.6% |
| Taxes | 450/3 | €2,204 | €2,407 | +€203 | +9.2% |
| Remuneration and social security | 454/9 | €27,286 | €29,041 | +€1,755 | +6.4% |
| Other amounts payable | 47/48 | €209,908 | €250,356 | +€40,447 | +19.3% |
| Accrued charges and deferred income | 492/3 | €5,618 | €3,947 | -€1,671 | -29.7% |
| Remuneration, social security and pensions | 62 | €161,726 | €215,491 | +€53,765 | +33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,617 | €61,273 | -€18,345 | -23.0% |
| Other operating charges | 640/8 | €3,931 | €2,908 | -€1,024 | -26.0% |
| Gross operating margin | 9900 | €228,349 | €318,244 | +€89,895 | +39.4% |
| Operating profit (loss) | 9901 | -€16,926 | €38,573 | +€55,499 | |
| Financial income | 75/76B | €3,707 | €44,407 | +€40,700 | +1,098% |
| Recurring financial income | 75 | €3,707 | €407 | -€3,300 | -89.0% |
| Non-recurring financial income | 76B | - | €44,000 | +€44,000 | |
| Financial charges | 65/66B | €15,466 | €26,814 | +€11,348 | +73.4% |
| Recurring financial charges | 65 | €15,466 | €26,814 | +€11,348 | +73.4% |
| Profit (loss) for the period before taxes | 9903 | -€28,685 | €56,166 | +€84,851 | |
| Profit (loss) for the period | 9904 | -€28,685 | €56,166 | +€84,851 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,685 | €56,166 | +€84,851 |
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 24 October 2026 via checked.be.