ARTISAN DU TEMPS: 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
ARTISAN DU TEMPS
NACE 26.520, Manufacture of computer, electronic and optical products
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€263,520
2024 · €226,773+€36,747
Equity
€1.5m
2024 · €1.3m+€256,363
Cash
-
2024 · €0
Balance sheet total
€4.9m
2024 · €4.2m+€622,980
Largest movements
Assets
- Stocks and contracts +€500,729
up €500,729 (+15.9%), from €3.1m to €3.6m
- Receivables within one year +€246,880
up €246,880 (+6172.0%), from €4,000 to €250,880
of which Other amounts receivable: +€206,900
- Tangible fixed assets -€114,067
down €114,067 (-10.7%), from €1.1m to €953,837
Equity and liabilities
- Other debts +€730,969
up €730,969 (+184.9%), from €395,295 to €1.1m
- Trade debts -€357,373
down €357,373 (-29.1%), from €1.2m to €869,026
- Profit (loss) carried forward +€263,520
up €263,520 (+22.2%), from €1.2m to €1.5m
- Current portion of long-term debt +€75,011
up €75,011 (+49.5%), from €151,568 to €226,579
- Debts after one year -€68,546
down €68,546 (-7.8%), from €881,248 to €812,702
Income statement
- Purchases and services -€157,369
down €157,369 (-2.9%), from €5.4m to €5.2m
- Turnover -€89,647
down €89,647 (-1.5%), from €6.2m to €6.1m
- Staff costs +€66,304
up €66,304 (+29.6%), from €224,283 to €290,587
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
€226,773
Gross operating margin
+€60,981
Staff costs
-€66,304
Depreciation
+€4,610
Other operating charges
+€5,005
Financial income
+€7,080
Financial charges
-€9,155
Taxes
+€34,530
Result 2025
€263,520
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.
From operations
-€19,683
Investment
€0
Financing
+€19,683
Cash 2024
€0
From operations (derived)
-€19,683
Net result for the year
+€263,520
Depreciation
+€116,073
Stocks and contracts
-€500,729
Receivables within one year
-€246,880
Deferred charges and accrued income
+€8,556
Trade debts
-€357,373
Tax, wage and social debts
-€34,731
Other debts
+€730,969
Accrued charges and deferred income
+€912
Financing
+€19,683
Debts after one year
-€68,546
Current portion of long-term debt
+€75,011
Short-term financial debts
+€20,375
Contributions, distributions and other
-€7,157
Cash 2025
€0
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,238,129 | €4,861,110 | +€622,980 | +14.7% |
| Fixed assets | 21/28 | €1,075,506 | €959,433 | -€116,073 | -10.8% |
| Intangible fixed assets | 21 | €7,402 | €5,396 | -€2,006 | -27.1% |
| Tangible fixed assets | 22/27 | €1,067,904 | €953,837 | -€114,067 | -10.7% |
| Land and buildings | 22 | €545,713 | €527,026 | -€18,686 | -3.4% |
| Plant, machinery and equipment | 23 | €33,398 | €24,913 | -€8,485 | -25.4% |
| Furniture and vehicles | 24 | €152,108 | €104,024 | -€48,083 | -31.6% |
| Other tangible fixed assets | 26 | €336,686 | €297,874 | -€38,812 | -11.5% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €3,162,623 | €3,901,677 | +€739,054 | +23.4% |
| Stocks and contracts in progress | 3 | €3,148,650 | €3,649,379 | +€500,729 | +15.9% |
| Stocks | 30/36 | €3,148,650 | €3,649,379 | +€500,729 | +15.9% |
| Amounts receivable within one year | 40/41 | €4,000 | €250,880 | +€246,880 | +6172.0% |
| Trade receivables | 40 | €0 | €39,980 | +€39,980 | |
| Other amounts receivable | 41 | €4,000 | €210,900 | +€206,900 | +5172.5% |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Deferred charges and accrued income | 490/1 | €9,974 | €1,418 | -€8,556 | -85.8% |
| Total equity and liabilities | 10/49 | €4,238,129 | €4,861,110 | +€622,980 | +14.7% |
| Equity | 10/15 | €1,280,098 | €1,536,461 | +€256,363 | +20.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,756 | €2,756 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €896 | €896 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,187,173 | €1,450,693 | +€263,520 | +22.2% |
| Investment grants | 15 | €71,569 | €64,412 | -€7,157 | -10.0% |
| Amounts payable | 17/49 | €2,958,031 | €3,324,648 | +€366,617 | +12.4% |
| Amounts payable after more than one year | 17 | €881,248 | €812,702 | -€68,546 | -7.8% |
| Financial debts | 170/4 | €881,248 | €812,702 | -€68,546 | -7.8% |
| Amounts payable within one year | 42/48 | €2,076,783 | €2,511,035 | +€434,252 | +20.9% |
| Current portion of amounts payable after more than one year | 42 | €151,568 | €226,579 | +€75,011 | +49.5% |
| Financial debts | 43 | €165,187 | €185,562 | +€20,375 | +12.3% |
| Credit institutions | 430/8 | €104,019 | €184,945 | +€80,927 | +77.8% |
| Other loans | 439 | €61,168 | €616 | -€60,552 | -99.0% |
| Trade debts | 44 | €1,226,399 | €869,026 | -€357,373 | -29.1% |
| Suppliers | 440/4 | €1,226,399 | €869,026 | -€357,373 | -29.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €138,334 | €103,603 | -€34,731 | -25.1% |
| Taxes | 450/3 | €106,077 | €66,913 | -€39,164 | -36.9% |
| Remuneration and social security | 454/9 | €32,257 | €36,690 | +€4,433 | +13.7% |
| Other amounts payable | 47/48 | €395,295 | €1,126,264 | +€730,969 | +184.9% |
| Accrued charges and deferred income | 492/3 | - | €912 | +€912 | |
| Turnover | 70 | €6,179,446 | €6,089,799 | -€89,647 | -1.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €5,398,754 | €5,241,386 | -€157,369 | -2.9% |
| Remuneration, social security and pensions | 62 | €224,283 | €290,587 | +€66,304 | +29.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €120,683 | €116,073 | -€4,610 | -3.8% |
| Other operating charges | 640/8 | €12,532 | €7,527 | -€5,005 | -39.9% |
| Gross operating margin | 9900 | €789,115 | €850,096 | +€60,981 | +7.7% |
| Operating profit (loss) | 9901 | €431,616 | €435,908 | +€4,292 | +1.0% |
| Financial income | 75/76B | €87 | €7,168 | +€7,080 | +8097.1% |
| Recurring financial income | 75 | €87 | €7,168 | +€7,080 | +8097.1% |
| Financial charges | 65/66B | €44,639 | €53,794 | +€9,155 | +20.5% |
| Recurring financial charges | 65 | €44,639 | €53,782 | +€9,143 | +20.5% |
| Non-recurring financial charges | 66B | - | €12 | +€12 | |
| Profit (loss) for the period before taxes | 9903 | €387,064 | €389,282 | +€2,218 | +0.6% |
| Income taxes | 67/77 | €160,292 | €125,762 | -€34,530 | -21.5% |
| Profit (loss) for the period | 9904 | €226,773 | €263,520 | +€36,747 | +16.2% |
| Profit (loss) for the period to be appropriated | 9905 | €226,773 | €263,520 | +€36,747 | +16.2% |
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 9 October 2026 via checked.be.