artItex: what changed
Two fiscal 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.
artItex
Largest movements
- Cash +€13,005
up €13,005 (+60.1%), from €21,643 to €34,648
mainly Net result for the year (+€7,994) and Tax, wage and social debts (+€2,085)
- Deferred charges and accrued income -€1,281
down €1,281 (-34.4%), from €3,727 to €2,446
- Receivables within one year -€873
down €873 (-45.4%), from €1,924 to €1,051
of which Trade receivables: -€576
- Tangible fixed assets -€625
down €625 (-100.0%), from €625 to €0
of which Furniture and vehicles: -€625
- Profit (loss) carried forward +€7,994
up €7,994 (+62.9%), from -€12,709 to -€4,715
- Tax, wage and social debts +€2,085
up €2,085 (+12.6%), from €16,600 to €18,685
- Gross operating margin +€53,580
up €53,580, from -€43,592 to €9,988
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.
Cash bridge derived
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 | €27,919 | €38,145 | +€10,226 | +36.6% |
| Fixed assets | 21/28 | €625 | €0 | -€625 | -100.0% |
| Tangible fixed assets | 22/27 | €625 | €0 | -€625 | -100.0% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €625 | - | -€625 | |
| Current assets | 29/58 | €27,294 | €38,145 | +€10,851 | +39.8% |
| Amounts receivable within one year | 40/41 | €1,924 | €1,051 | -€873 | -45.4% |
| Trade receivables | 40 | €1,193 | €617 | -€576 | -48.3% |
| Other amounts receivable | 41 | €731 | €434 | -€298 | -40.7% |
| Cash at bank and in hand | 54/58 | €21,643 | €34,648 | +€13,005 | +60.1% |
| Deferred charges and accrued income | 490/1 | €3,727 | €2,446 | -€1,281 | -34.4% |
| Total equity and liabilities | 10/49 | €27,919 | €38,145 | +€10,226 | +36.6% |
| Equity | 10/15 | -€4,639 | €3,355 | +€7,994 | |
| Contributions | 10/11 | €6,210 | €6,210 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,709 | -€4,715 | +€7,994 | +62.9% |
| Amounts payable | 17/49 | €32,558 | €34,790 | +€2,232 | +6.9% |
| Amounts payable within one year | 42/48 | €32,558 | €34,790 | +€2,232 | +6.9% |
| Trade debts | 44 | €958 | €1,105 | +€147 | +15.3% |
| Suppliers | 440/4 | €958 | €1,105 | +€147 | +15.3% |
| Taxes, remuneration and social security | 45 | €16,600 | €18,685 | +€2,085 | +12.6% |
| Taxes | 450/3 | €16,600 | €18,685 | +€2,085 | +12.6% |
| Other amounts payable | 47/48 | €15,000 | €15,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €931 | €625 | -€306 | -32.9% |
| Other operating charges | 640/8 | €462 | €400 | -€62 | -13.5% |
| Gross operating margin | 9900 | -€43,592 | €9,988 | +€53,580 | |
| Operating profit (loss) | 9901 | -€44,985 | €8,963 | +€53,948 | |
| Financial charges | 65/66B | €173 | €169 | -€4 | -2.1% |
| Recurring financial charges | 65 | €173 | €169 | -€4 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | -€45,158 | €8,794 | +€53,952 | |
| Income taxes | 67/77 | €799 | €800 | +€1 | +0.1% |
| Profit (loss) for the period | 9904 | -€45,957 | €7,994 | +€53,951 | |
| Profit (loss) for the period to be appropriated | 9905 | -€45,957 | €7,994 | +€53,951 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.