ARTISOINS: 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.
ARTISOINS
Largest movements
- Receivables within one year +€46,305
up €46,305 (+27.0%), from €171,495 to €217,800
of which Other amounts receivable: +€25,781
- Tax, wage and social debts +€51,178
up €51,178 (+66.6%), from €76,797 to €127,975
of which Taxes: +€34,300
- Other debts +€46,170
new in 2025: €46,170
- Reserves -€32,916
down €32,916 (-65.2%), from €50,460 to €17,544
of which Distributable reserves: -€32,916
- Debts after one year -€14,832
down €14,832 (-66.0%), from €22,471 to €7,639
- Profit (loss) carried forward +€6,635
up €6,635, from -€6,635 to €0
- Staff costs +€53,505
up €53,505 (+20.3%), from €262,978 to €316,483
- Gross operating margin +€32,443
up €32,443 (+9.9%), from €328,577 to €361,020
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 | €180,273 | €228,408 | +€48,135 | +26.7% |
| Fixed assets | 21/28 | €884 | €884 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Leasing and similar rights | 25 | €0 | - | = | |
| Financial fixed assets | 28 | €884 | €884 | = | 0.0% |
| Current assets | 29/58 | €179,389 | €227,524 | +€48,135 | +26.8% |
| Amounts receivable within one year | 40/41 | €171,495 | €217,800 | +€46,305 | +27.0% |
| Trade receivables | 40 | €20,757 | €41,282 | +€20,525 | +98.9% |
| Other amounts receivable | 41 | €150,738 | €176,518 | +€25,781 | +17.1% |
| Cash at bank and in hand | 54/58 | €5,941 | €7,137 | +€1,195 | +20.1% |
| Deferred charges and accrued income | 490/1 | €1,952 | €2,587 | +€634 | +32.5% |
| Total equity and liabilities | 10/49 | €180,273 | €228,408 | +€48,135 | +26.7% |
| Equity | 10/15 | €50,325 | €24,044 | -€26,281 | -52.2% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €50,460 | €17,544 | -€32,916 | -65.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €48,600 | €15,684 | -€32,916 | -67.7% |
| Profit (loss) carried forward | 14 | -€6,635 | €0 | +€6,635 | |
| Amounts payable | 17/49 | €129,949 | €204,364 | +€74,416 | +57.3% |
| Amounts payable after more than one year | 17 | €22,471 | €7,639 | -€14,832 | -66.0% |
| Financial debts | 170/4 | €22,471 | €7,639 | -€14,832 | -66.0% |
| Amounts payable within one year | 42/48 | €107,145 | €196,264 | +€89,119 | +83.2% |
| Current portion of amounts payable after more than one year | 42 | €21,034 | €14,832 | -€6,202 | -29.5% |
| Financial debts | 43 | €1,276 | €590 | -€686 | -53.7% |
| Credit institutions | 430/8 | €1,276 | €590 | -€686 | -53.7% |
| Trade debts | 44 | €8,038 | €6,696 | -€1,341 | -16.7% |
| Suppliers | 440/4 | €8,038 | €6,696 | -€1,341 | -16.7% |
| Taxes, remuneration and social security | 45 | €76,797 | €127,975 | +€51,178 | +66.6% |
| Taxes | 450/3 | €10,946 | €45,246 | +€34,300 | +313% |
| Remuneration and social security | 454/9 | €65,851 | €82,729 | +€16,878 | +25.6% |
| Other amounts payable | 47/48 | - | €46,170 | +€46,170 | |
| Accrued charges and deferred income | 492/3 | €333 | €461 | +€129 | +38.6% |
| Remuneration, social security and pensions | 62 | €262,978 | €316,483 | +€53,505 | +20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €329 | €0 | -€329 | -100% |
| Other operating charges | 640/8 | €120 | €1,790 | +€1,670 | +1,391% |
| Gross operating margin | 9900 | €328,577 | €361,020 | +€32,443 | +9.9% |
| Operating profit (loss) | 9901 | €65,149 | €42,747 | -€22,402 | -34.4% |
| Financial income | 75/76B | €6,011 | €7,654 | +€1,643 | +27.3% |
| Recurring financial income | 75 | €6,011 | €7,654 | +€1,643 | +27.3% |
| Financial charges | 65/66B | €9,961 | €12,145 | +€2,184 | +21.9% |
| Recurring financial charges | 65 | €9,961 | €12,145 | +€2,184 | +21.9% |
| Profit (loss) for the period before taxes | 9903 | €61,199 | €38,257 | -€22,942 | -37.5% |
| Income taxes | 67/77 | €13,395 | €15,938 | +€2,543 | +19.0% |
| Profit (loss) for the period | 9904 | €47,804 | €22,319 | -€25,485 | -53.3% |
| Profit (loss) for the period to be appropriated | 9905 | €47,804 | €22,319 | -€25,485 | -53.3% |
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 29 October 2026 via checked.be.