ARTISANS IMMO: 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.
ARTISANS IMMO
Largest movements
- Receivables within one year -€245,771
down €245,771 (-88.5%), from €277,620 to €31,849
of which Trade receivables: -€245,771
- Tangible fixed assets -€222,804
down €222,804 (-5.7%), from €3.9m to €3.7m
of which Land and buildings: -€222,804
- Cash +€206,059
up €206,059 (+3888.4%), from €5,299 to €211,358
mainly Receivables within one year (+€245,771) and Depreciation (+€222,804)
- Other debts -€472,785
down €472,785 (-100.0%), from €472,785 to €0
- Profit (loss) carried forward +€221,559
up €221,559 (+31.6%), from €700,456 to €922,015
- Turnover +€51,112
up €51,112 (+7.2%), from €710,520 to €761,632
- Financial charges -€18,075
down €18,075 (-18.9%), from €95,638 to €77,563
- Taxes +€12,547
up €12,547 (+20.6%), from €60,943 to €73,489
of which Taxes: +€12,500
- Financial income -€8,759
down €8,759 (-51.9%), from €16,879 to €8,121
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,199,610 | €3,937,094 | -€262,516 | -6.3% |
| Fixed assets | 21/28 | €3,916,690 | €3,693,886 | -€222,804 | -5.7% |
| Tangible fixed assets | 22/27 | €3,916,690 | €3,693,886 | -€222,804 | -5.7% |
| Land and buildings | 22 | €3,916,690 | €3,693,886 | -€222,804 | -5.7% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €282,920 | €243,208 | -€39,712 | -14.0% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €277,620 | €31,849 | -€245,771 | -88.5% |
| Trade receivables | 40 | €277,620 | €31,849 | -€245,771 | -88.5% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €5,299 | €211,358 | +€206,059 | +3888.4% |
| Total equity and liabilities | 10/49 | €4,199,610 | €3,937,094 | -€262,516 | -6.3% |
| Equity | 10/15 | €702,956 | €924,515 | +€221,559 | +31.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €700,456 | €922,015 | +€221,559 | +31.6% |
| Amounts payable | 17/49 | €3,496,654 | €3,012,579 | -€484,075 | -13.8% |
| Amounts payable after more than one year | 17 | €2,734,701 | €2,740,419 | +€5,718 | +0.2% |
| Financial debts | 170/4 | €2,734,701 | €2,538,192 | -€196,509 | -7.2% |
| Credit institutions | 173 | €1,984,701 | €1,788,192 | -€196,509 | -9.9% |
| Other loans | 174 | €750,000 | €750,000 | = | 0.0% |
| Other amounts payable | 178/9 | - | €202,227 | +€202,227 | |
| Amounts payable within one year | 42/48 | €761,953 | €272,160 | -€489,794 | -64.3% |
| Current portion of amounts payable after more than one year | 42 | €194,547 | €196,509 | +€1,962 | +1.0% |
| Trade debts | 44 | €47,953 | €21,992 | -€25,961 | -54.1% |
| Suppliers | 440/4 | €47,953 | €21,992 | -€25,961 | -54.1% |
| Taxes, remuneration and social security | 45 | €46,668 | €53,659 | +€6,991 | +15.0% |
| Taxes | 450/3 | €46,668 | €53,659 | +€6,991 | +15.0% |
| Other amounts payable | 47/48 | €472,785 | €0 | -€472,785 | -100.0% |
| Operating income | 70/76A | €710,520 | €761,632 | +€51,112 | +7.2% |
| Turnover | 70 | €710,520 | €761,632 | +€51,112 | +7.2% |
| Other operating income | 74 | €0 | - | = | |
| Operating charges | 60/66A | €387,804 | €397,141 | +€9,337 | +2.4% |
| Services and other goods | 61 | €86,550 | €93,813 | +€7,263 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €222,904 | €222,804 | -€100 | 0.0% |
| Other operating charges | 640/8 | €78,350 | €80,523 | +€2,173 | +2.8% |
| Operating profit (loss) | 9901 | €322,716 | €364,491 | +€41,775 | +12.9% |
| Financial income | 75/76B | €16,879 | €8,121 | -€8,759 | -51.9% |
| Recurring financial income | 75 | €16,879 | €8,121 | -€8,759 | -51.9% |
| Other financial income | 752/9 | €16,879 | €8,121 | -€8,759 | -51.9% |
| Financial charges | 65/66B | €95,638 | €77,563 | -€18,075 | -18.9% |
| Recurring financial charges | 65 | €95,638 | €77,563 | -€18,075 | -18.9% |
| Debt charges | 650 | €95,264 | €77,404 | -€17,860 | -18.7% |
| Other financial charges | 652/9 | €375 | €159 | -€215 | -57.5% |
| Profit (loss) for the period before taxes | 9903 | €243,958 | €295,049 | +€51,091 | +20.9% |
| Income taxes | 67/77 | €60,943 | €73,489 | +€12,547 | +20.6% |
| Taxes | 670/3 | €61,000 | €73,500 | +€12,500 | +20.5% |
| Tax adjustments and reversals of tax provisions | 77 | €57 | €11 | -€47 | -81.4% |
| Profit (loss) for the period | 9904 | €183,015 | €221,559 | +€38,545 | +21.1% |
| Profit (loss) for the period to be appropriated | 9905 | €183,015 | €221,559 | +€38,545 | +21.1% |
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 9 October 2026 via checked.be.