ARTISETTE: 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.
ARTISETTE
Largest movements
- Current investments +€500,000
new in 2025: €500,000
- Cash -€165,214
down €165,214 (-48.9%), from €337,718 to €172,505
mainly Current investments (-€500,000) and Contributions, distributions and other (-€400,000)
- Receivables within one year -€35,809
down €35,809 (-23.6%), from €151,469 to €115,661
of which Trade receivables: -€43,391
- Other debts +€285,218
up €285,218 (+1,891%), from €15,082 to €300,300
- Profit (loss) carried forward -€87,415
down €87,415 (-76.0%), from €114,957 to €27,542
- Tax, wage and social debts +€47,035
up €47,035 (+56.6%), from €83,139 to €130,174
of which Taxes: +€32,903
- Trade debts +€43,498
up €43,498 (+17.3%), from €250,881 to €294,379
- Gross operating margin +€179,515
up €179,515 (+36.3%), from €494,836 to €674,351
- Taxes +€53,197
up €53,197 (+93.2%), from €57,055 to €110,252
- Financial income +€9,354
up €9,354 (+46,767,600%), from €0 to €9,354
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 | €547,209 | €835,546 | +€288,336 | +52.7% |
| Fixed assets | 21/28 | €18,215 | €10,867 | -€7,348 | -40.3% |
| Tangible fixed assets | 22/27 | €18,215 | €10,867 | -€7,348 | -40.3% |
| Plant, machinery and equipment | 23 | €15,588 | €9,136 | -€6,452 | -41.4% |
| Furniture and vehicles | 24 | €2,627 | €1,731 | -€896 | -34.1% |
| Current assets | 29/58 | €528,994 | €824,679 | +€295,685 | +55.9% |
| Stocks and contracts in progress | 3 | €38,581 | €35,192 | -€3,389 | -8.8% |
| Stocks | 30/36 | €38,581 | €35,192 | -€3,389 | -8.8% |
| Amounts receivable within one year | 40/41 | €151,469 | €115,661 | -€35,809 | -23.6% |
| Trade receivables | 40 | €137,189 | €93,797 | -€43,391 | -31.6% |
| Other amounts receivable | 41 | €14,281 | €21,863 | +€7,582 | +53.1% |
| Current investments | 50/53 | - | €500,000 | +€500,000 | |
| Cash at bank and in hand | 54/58 | €337,718 | €172,505 | -€165,214 | -48.9% |
| Deferred charges and accrued income | 490/1 | €1,226 | €1,322 | +€96 | +7.9% |
| Total equity and liabilities | 10/49 | €547,209 | €835,546 | +€288,336 | +52.7% |
| Equity | 10/15 | €198,107 | €110,692 | -€87,415 | -44.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €63,150 | €63,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €63,150 | €63,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €114,957 | €27,542 | -€87,415 | -76.0% |
| Amounts payable | 17/49 | €349,102 | €724,854 | +€375,752 | +108% |
| Amounts payable within one year | 42/48 | €349,102 | €724,854 | +€375,752 | +108% |
| Trade debts | 44 | €250,881 | €294,379 | +€43,498 | +17.3% |
| Suppliers | 440/4 | €250,881 | €294,379 | +€43,498 | +17.3% |
| Taxes, remuneration and social security | 45 | €83,139 | €130,174 | +€47,035 | +56.6% |
| Taxes | 450/3 | €37,518 | €70,421 | +€32,903 | +87.7% |
| Remuneration and social security | 454/9 | €45,620 | €59,753 | +€14,132 | +31.0% |
| Other amounts payable | 47/48 | €15,082 | €300,300 | +€285,218 | +1,891% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €256,421 | €251,347 | -€5,074 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,463 | €7,348 | -€5,115 | -41.0% |
| Other operating charges | 640/8 | €2,290 | €1,828 | -€462 | -20.2% |
| Gross operating margin | 9900 | €494,836 | €674,351 | +€179,515 | +36.3% |
| Operating profit (loss) | 9901 | €223,663 | €413,828 | +€190,166 | +85.0% |
| Financial income | 75/76B | €0 | €9,354 | +€9,354 | +46,767,600% |
| Recurring financial income | 75 | €0 | €9,354 | +€9,354 | +46,767,600% |
| Financial charges | 65/66B | €295 | €345 | +€50 | +16.8% |
| Recurring financial charges | 65 | €295 | €345 | +€50 | +16.8% |
| Profit (loss) for the period before taxes | 9903 | €223,367 | €422,837 | +€199,469 | +89.3% |
| Income taxes | 67/77 | €57,055 | €110,252 | +€53,197 | +93.2% |
| Profit (loss) for the period | 9904 | €166,312 | €312,585 | +€146,273 | +88.0% |
| Transfer to tax-exempt reserves | 689 | €63,150 | €0 | -€63,150 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €103,162 | €312,585 | +€209,423 | +203% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.