ARTISTEEQ: 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.
ARTISTEEQ
Largest movements
- Receivables within one year +€87,103
up €87,103 (+158%), from €55,121 to €142,224
of which Trade receivables: +€78,706
- Intangible fixed assets -€22,377
down €22,377 (-10.7%), from €209,220 to €186,843
- Cash -€17,594
down €17,594 (-70.3%), from €25,011 to €7,417
mainly Receivables within one year (-€87,103) and Tax, wage and social debts (-€45,024)
- Trade debts +€53,832
up €53,832 (+88.4%), from €60,862 to €114,694
- Profit (loss) carried forward +€53,530
up €53,530, from -€53,074 to €456
- Tax, wage and social debts -€45,024
down €45,024 (-58.9%), from €76,441 to €31,417
of which Remuneration and social security: -€41,267
- Other debts -€25,469
down €25,469 (-16.5%), from €154,110 to €128,641
- Accrued charges and deferred income +€8,278
up €8,278 (+552%), from €1,500 to €9,778
- Gross operating margin +€99,830
up €99,830 (+50.2%), from €198,927 to €298,758
- Staff costs -€21,947
down €21,947 (-9.6%), from €228,335 to €206,388
- Taxes +€9,164
up €9,164 (+5,704%), from €161 to €9,325
- Depreciation +€8,612
up €8,612 (+53.8%), from €16,011 to €24,623
- Write-downs -€7,576
down €7,576 (-100%), from €7,576 to €0
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 | €299,840 | €344,986 | +€45,147 | +15.1% |
| Fixed assets | 21/28 | €218,989 | €194,366 | -€24,623 | -11.2% |
| Intangible fixed assets | 21 | €209,220 | €186,843 | -€22,377 | -10.7% |
| Tangible fixed assets | 22/27 | €9,770 | €7,524 | -€2,246 | -23.0% |
| Plant, machinery and equipment | 23 | €9,770 | €7,524 | -€2,246 | -23.0% |
| Current assets | 29/58 | €80,850 | €150,620 | +€69,770 | +86.3% |
| Amounts receivable within one year | 40/41 | €55,121 | €142,224 | +€87,103 | +158% |
| Trade receivables | 40 | €54,850 | €133,556 | +€78,706 | +143% |
| Other amounts receivable | 41 | €271 | €8,668 | +€8,397 | +3,100% |
| Cash at bank and in hand | 54/58 | €25,011 | €7,417 | -€17,594 | -70.3% |
| Deferred charges and accrued income | 490/1 | €718 | €978 | +€260 | +36.2% |
| Total equity and liabilities | 10/49 | €299,840 | €344,986 | +€45,147 | +15.1% |
| Equity | 10/15 | €6,926 | €60,456 | +€53,530 | +773% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,074 | €456 | +€53,530 | |
| Amounts payable | 17/49 | €292,914 | €284,530 | -€8,383 | -2.9% |
| Amounts payable within one year | 42/48 | €291,414 | €274,752 | -€16,661 | -5.7% |
| Trade debts | 44 | €60,862 | €114,694 | +€53,832 | +88.4% |
| Suppliers | 440/4 | €60,862 | €114,694 | +€53,832 | +88.4% |
| Taxes, remuneration and social security | 45 | €76,441 | €31,417 | -€45,024 | -58.9% |
| Taxes | 450/3 | €16,793 | €13,036 | -€3,757 | -22.4% |
| Remuneration and social security | 454/9 | €59,648 | €18,381 | -€41,267 | -69.2% |
| Other amounts payable | 47/48 | €154,110 | €128,641 | -€25,469 | -16.5% |
| Accrued charges and deferred income | 492/3 | €1,500 | €9,778 | +€8,278 | +552% |
| Remuneration, social security and pensions | 62 | €228,335 | €206,388 | -€21,947 | -9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,011 | €24,623 | +€8,612 | +53.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,576 | €0 | -€7,576 | -100% |
| Other operating charges | 640/8 | €437 | €1,132 | +€694 | +159% |
| Gross operating margin | 9900 | €198,927 | €298,758 | +€99,830 | +50.2% |
| Operating profit (loss) | 9901 | -€53,432 | €66,615 | +€120,047 | |
| Financial income | 75/76B | €614 | €971 | +€356 | +58.0% |
| Recurring financial income | 75 | €614 | €971 | +€356 | +58.0% |
| Financial charges | 65/66B | €96 | €4,731 | +€4,635 | +4,854% |
| Recurring financial charges | 65 | €96 | €4,731 | +€4,635 | +4,854% |
| Profit (loss) for the period before taxes | 9903 | -€52,913 | €62,855 | +€115,768 | |
| Income taxes | 67/77 | €161 | €9,325 | +€9,164 | +5,704% |
| Profit (loss) for the period | 9904 | -€53,074 | €53,530 | +€106,603 | |
| Profit (loss) for the period to be appropriated | 9905 | -€53,074 | €53,530 | +€106,603 |
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 1 November 2026 via checked.be.