ARTISTA TH: 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.
ARTISTA TH
Largest movements
- Receivables within one year +€6,698
up €6,698 (+301%), from €2,224 to €8,922
of which Other amounts receivable: +€8,922
- Tangible fixed assets -€3,995
down €3,995 (-25.5%), from €15,669 to €11,675
of which Furniture and vehicles: -€3,840
- Cash +€1,558
up €1,558 (+85.2%), from €1,828 to €3,386
mainly Trade debts (+€9,002) and Depreciation (+€4,334)
- Receivables after one year -€576
no longer reported in 2025 (was €576)
- Intangible fixed assets -€339
down €339 (-50.0%), from €678 to €339
- Trade debts +€9,002
up €9,002 (+115%), from €7,831 to €16,833
- Debts after one year -€4,977
down €4,977 (-42.2%), from €11,790 to €6,814
- Other debts -€1,094
no longer reported in 2025 (was €1,094)
- Tax, wage and social debts +€710
new in 2025: €710
- Profit (loss) carried forward -€295
down €295 (-3.6%), from -€8,217 to -€8,511
- Staff costs -€34,780
down €34,780 (-86.0%), from €40,435 to €5,654
- Gross operating margin -€31,448
down €31,448 (-76.0%), from €41,392 to €9,944
- Other operating charges -€3,262
no longer reported in 2025 (was €3,262)
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 | €20,976 | €24,322 | +€3,347 | +16.0% |
| Fixed assets | 21/28 | €16,347 | €12,014 | -€4,334 | -26.5% |
| Intangible fixed assets | 21 | €678 | €339 | -€339 | -50.0% |
| Tangible fixed assets | 22/27 | €15,669 | €11,675 | -€3,995 | -25.5% |
| Plant, machinery and equipment | 23 | €309 | €155 | -€155 | -50.0% |
| Furniture and vehicles | 24 | €15,360 | €11,520 | -€3,840 | -25.0% |
| Current assets | 29/58 | €4,628 | €12,309 | +€7,681 | +166% |
| Amounts receivable after more than one year | 29 | €576 | - | -€576 | |
| Other amounts receivable | 291 | €576 | - | -€576 | |
| Amounts receivable within one year | 40/41 | €2,224 | €8,922 | +€6,698 | +301% |
| Trade receivables | 40 | €2,224 | - | -€2,224 | |
| Other amounts receivable | 41 | - | €8,922 | +€8,922 | |
| Cash at bank and in hand | 54/58 | €1,828 | €3,386 | +€1,558 | +85.2% |
| Total equity and liabilities | 10/49 | €20,976 | €24,322 | +€3,347 | +16.0% |
| Equity | 10/15 | -€4,717 | -€5,011 | -€295 | -6.2% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Capital | 10 | €3,500 | €3,500 | = | 0.0% |
| Issued capital | 100 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,217 | -€8,511 | -€295 | -3.6% |
| Amounts payable | 17/49 | €25,692 | €29,334 | +€3,642 | +14.2% |
| Amounts payable after more than one year | 17 | €11,790 | €6,814 | -€4,977 | -42.2% |
| Financial debts | 170/4 | €11,790 | €6,814 | -€4,977 | -42.2% |
| Amounts payable within one year | 42/48 | €13,902 | €22,520 | +€8,618 | +62.0% |
| Current portion of amounts payable after more than one year | 42 | €4,977 | €4,977 | -€0 | 0.0% |
| Trade debts | 44 | €7,831 | €16,833 | +€9,002 | +115% |
| Suppliers | 440/4 | €7,831 | €16,833 | +€9,002 | +115% |
| Taxes, remuneration and social security | 45 | - | €710 | +€710 | |
| Taxes | 450/3 | - | €710 | +€710 | |
| Other amounts payable | 47/48 | €1,094 | - | -€1,094 | |
| Remuneration, social security and pensions | 62 | €40,435 | €5,654 | -€34,780 | -86.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,334 | €4,334 | = | 0.0% |
| Other operating charges | 640/8 | €3,262 | - | -€3,262 | |
| Gross operating margin | 9900 | €41,392 | €9,944 | -€31,448 | -76.0% |
| Operating profit (loss) | 9901 | -€6,638 | -€44 | +€6,594 | +99.3% |
| Financial charges | 65/66B | €279 | €251 | -€28 | -10.2% |
| Recurring financial charges | 65 | €279 | €251 | -€28 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,917 | -€295 | +€6,622 | +95.7% |
| Profit (loss) for the period | 9904 | -€6,917 | -€295 | +€6,622 | +95.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,917 | -€295 | +€6,622 | +95.7% |
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 30 October 2026 via checked.be.