ARTISTUK: what changed
What changed
ARTISTUK
NACE 38.320, Waste collection, recovery and disposal activities
filed annual accounts (NBB)
Net result for the year
€22,517
2024 · €106+€22,411
Equity
€116,442
2024 · €93,924+€22,517
Cash
€38,385
2024 · €40,209-€1,824
Balance sheet total
€283,530
2024 · €136,709+€146,820
Largest movements
Assets
- Tangible fixed assets +€104,291
up €104,291 (+215%), from €48,443 to €152,734
of which Plant, machinery and equipment: +€104,056
- Receivables within one year +€46,813
up €46,813 (+140%), from €33,386 to €80,199
of which Trade receivables: +€48,977
Equity and liabilities
- Debts after one year +€65,809
new in 2025: €65,809
- Tax, wage and social debts +€25,452
up €25,452 (+192%), from €13,256 to €38,709
of which Taxes: +€23,452
- Reserves +€22,510
up €22,510 (+52.3%), from €43,080 to €65,590
- Trade debts +€18,132
up €18,132 (+124%), from €14,634 to €32,766
- Other debts +€9,708
new in 2025: €9,708
Income statement
- Depreciation -€19,386
down €19,386 (-46.5%), from €41,700 to €22,314
- Gross operating margin +€10,743
up €10,743 (+22.8%), from €47,198 to €57,941
- Taxes +€6,142
up €6,142 (+602%), from €1,021 to €7,162
- Financial charges +€1,249
up €1,249 (+31.9%), from €3,919 to €5,168
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€106
Gross operating margin
+€10,743
Depreciation
+€19,386
Other operating charges
-€18
Financial income
-€311
Financial charges
-€1,249
Taxes
-€6,142
Result 2025
€22,517
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€53,770
Investment
-€126,604
Financing
+€71,011
Cash 2024
€40,209
From operations (derived)
+€53,770
Net result for the year
+€22,517
Depreciation
+€22,314
Receivables within one year
-€46,813
Deferred charges and accrued income
+€2,460
Trade debts
+€18,132
Tax, wage and social debts
+€25,452
Other debts
+€9,708
Investment (derived)
-€126,604
Investment in fixed assets (net)
-€126,604
Financing
+€71,011
Debts after one year
+€65,809
Current portion of long-term debt
+€5,202
Cash 2025
€38,385
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €136,709 | €283,530 | +€146,820 | +107% |
| Fixed assets | 21/28 | €48,578 | €152,869 | +€104,291 | +215% |
| Tangible fixed assets | 22/27 | €48,443 | €152,734 | +€104,291 | +215% |
| Plant, machinery and equipment | 23 | €46,759 | €150,815 | +€104,056 | +223% |
| Furniture and vehicles | 24 | €1,136 | €1,919 | +€783 | +68.9% |
| Leasing and similar rights | 25 | €548 | - | -€548 | |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €88,131 | €130,660 | +€42,529 | +48.3% |
| Stocks and contracts in progress | 3 | €9,500 | €9,500 | = | 0.0% |
| Stocks | 30/36 | €9,500 | €9,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €33,386 | €80,199 | +€46,813 | +140% |
| Trade receivables | 40 | €29,123 | €78,099 | +€48,977 | +168% |
| Other amounts receivable | 41 | €4,264 | €2,100 | -€2,164 | -50.7% |
| Cash at bank and in hand | 54/58 | €40,209 | €38,385 | -€1,824 | -4.5% |
| Deferred charges and accrued income | 490/1 | €5,035 | €2,576 | -€2,460 | -48.8% |
| Total equity and liabilities | 10/49 | €136,709 | €283,530 | +€146,820 | +107% |
| Equity | 10/15 | €93,924 | €116,442 | +€22,517 | +24.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €43,080 | €65,590 | +€22,510 | +52.3% |
| Distributable reserves | 133 | €43,080 | €65,590 | +€22,510 | +52.3% |
| Profit (loss) carried forward | 14 | €44,644 | €44,652 | +€7 | 0.0% |
| Amounts payable | 17/49 | €42,785 | €167,088 | +€124,303 | +291% |
| Amounts payable after more than one year | 17 | - | €65,809 | +€65,809 | |
| Financial debts | 170/4 | - | €65,809 | +€65,809 | |
| Amounts payable within one year | 42/48 | €42,785 | €101,279 | +€58,494 | +137% |
| Current portion of amounts payable after more than one year | 42 | €14,894 | €20,096 | +€5,202 | +34.9% |
| Trade debts | 44 | €14,634 | €32,766 | +€18,132 | +124% |
| Suppliers | 440/4 | €14,634 | €32,766 | +€18,132 | +124% |
| Taxes, remuneration and social security | 45 | €13,256 | €38,709 | +€25,452 | +192% |
| Taxes | 450/3 | €10,556 | €34,009 | +€23,452 | +222% |
| Remuneration and social security | 454/9 | €2,700 | €4,700 | +€2,000 | +74.1% |
| Other amounts payable | 47/48 | - | €9,708 | +€9,708 | |
| Non-recurring operating income | 76A | - | €72,836 | +€72,836 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,700 | €22,314 | -€19,386 | -46.5% |
| Other operating charges | 640/8 | €790 | €807 | +€18 | +2.3% |
| Gross operating margin | 9900 | €47,198 | €57,941 | +€10,743 | +22.8% |
| Operating profit (loss) | 9901 | €4,708 | €34,820 | +€30,112 | +640% |
| Financial income | 75/76B | €338 | €27 | -€311 | -91.9% |
| Recurring financial income | 75 | €338 | €27 | -€311 | -91.9% |
| Financial charges | 65/66B | €3,919 | €5,168 | +€1,249 | +31.9% |
| Recurring financial charges | 65 | €3,919 | €5,168 | +€1,249 | +31.9% |
| Profit (loss) for the period before taxes | 9903 | €1,127 | €29,680 | +€28,553 | +2,533% |
| Income taxes | 67/77 | €1,021 | €7,162 | +€6,142 | +602% |
| Profit (loss) for the period | 9904 | €106 | €22,517 | +€22,411 | +21,091% |
| Profit (loss) for the period to be appropriated | 9905 | €106 | €22,517 | +€22,411 | +21,091% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.