ARTITOIT: 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.
ARTITOIT
Largest movements
- Cash +€25,132
up €25,132 (+214.6%), from €11,713 to €36,845
mainly Depreciation (+€22,390) and Tax, wage and social debts (+€11,771)
- Tangible fixed assets -€13,879
down €13,879 (-26.9%), from €51,623 to €37,744
of which Furniture and vehicles: -€10,054
- Receivables within one year -€3,283
down €3,283 (-8.1%), from €40,644 to €37,360
of which Trade receivables: -€2,928
- Stocks and contracts +€2,759
up €2,759 (+14.8%), from €18,626 to €21,385
- Other debts -€15,855
down €15,855 (-12.3%), from €129,391 to €113,535
- Tax, wage and social debts +€11,771
up €11,771 (+311.5%), from €3,778 to €15,550
of which Remuneration and social security: +€11,604
- Trade debts +€8,034
up €8,034 (+209.9%), from €3,828 to €11,862
- Profit (loss) carried forward +€6,909
up €6,909 (+9.4%), from -€73,652 to -€66,743
- Gross operating margin +€45,752
up €45,752 (+32.3%), from €141,573 to €187,324
- Staff costs -€14,535
down €14,535 (-8.6%), from €168,713 to €154,178
- Depreciation -€9,705
down €9,705 (-30.2%), from €32,095 to €22,390
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 | €131,907 | €142,807 | +€10,900 | +8.3% |
| Fixed assets | 21/28 | €51,623 | €37,744 | -€13,879 | -26.9% |
| Tangible fixed assets | 22/27 | €51,623 | €37,744 | -€13,879 | -26.9% |
| Plant, machinery and equipment | 23 | €23,153 | €19,329 | -€3,825 | -16.5% |
| Furniture and vehicles | 24 | €28,469 | €18,415 | -€10,054 | -35.3% |
| Current assets | 29/58 | €80,284 | €105,062 | +€24,779 | +30.9% |
| Stocks and contracts in progress | 3 | €18,626 | €21,385 | +€2,759 | +14.8% |
| Stocks | 30/36 | €18,626 | €21,385 | +€2,759 | +14.8% |
| Amounts receivable within one year | 40/41 | €40,644 | €37,360 | -€3,283 | -8.1% |
| Trade receivables | 40 | €15,624 | €12,696 | -€2,928 | -18.7% |
| Other amounts receivable | 41 | €25,020 | €24,664 | -€356 | -1.4% |
| Cash at bank and in hand | 54/58 | €11,713 | €36,845 | +€25,132 | +214.6% |
| Deferred charges and accrued income | 490/1 | €9,301 | €9,473 | +€172 | +1.8% |
| Total equity and liabilities | 10/49 | €131,907 | €142,807 | +€10,900 | +8.3% |
| Equity | 10/15 | -€5,090 | €1,819 | +€6,909 | |
| Contributions | 10/11 | €67,450 | €67,450 | = | 0.0% |
| Reserves | 13 | €1,112 | €1,112 | = | 0.0% |
| Distributable reserves | 133 | €1,112 | €1,112 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€73,652 | -€66,743 | +€6,909 | +9.4% |
| Amounts payable | 17/49 | €136,997 | €140,987 | +€3,990 | +2.9% |
| Amounts payable within one year | 42/48 | €136,997 | €140,947 | +€3,950 | +2.9% |
| Trade debts | 44 | €3,828 | €11,862 | +€8,034 | +209.9% |
| Suppliers | 440/4 | €3,828 | €11,862 | +€8,034 | +209.9% |
| Taxes, remuneration and social security | 45 | €3,778 | €15,550 | +€11,771 | +311.5% |
| Taxes | 450/3 | - | €167 | +€167 | |
| Remuneration and social security | 454/9 | €3,778 | €15,382 | +€11,604 | +307.1% |
| Other amounts payable | 47/48 | €129,391 | €113,535 | -€15,855 | -12.3% |
| Accrued charges and deferred income | 492/3 | - | €40 | +€40 | |
| Non-recurring operating income | 76A | €865 | - | -€865 | |
| Remuneration, social security and pensions | 62 | €168,713 | €154,178 | -€14,535 | -8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,095 | €22,390 | -€9,705 | -30.2% |
| Other operating charges | 640/8 | €685 | €771 | +€86 | +12.6% |
| Non-recurring operating charges | 66A | €500 | €3,200 | +€2,700 | +540.0% |
| Gross operating margin | 9900 | €141,573 | €187,324 | +€45,752 | +32.3% |
| Operating profit (loss) | 9901 | -€60,420 | €6,786 | +€67,206 | |
| Financial income | 75/76B | €666 | €487 | -€179 | -26.9% |
| Recurring financial income | 75 | €666 | €487 | -€179 | -26.9% |
| Financial charges | 65/66B | €369 | €363 | -€6 | -1.5% |
| Recurring financial charges | 65 | €369 | €363 | -€6 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | -€60,123 | €6,909 | +€67,032 | |
| Profit (loss) for the period | 9904 | -€60,123 | €6,909 | +€67,032 | |
| Profit (loss) for the period to be appropriated | 9905 | -€60,123 | €6,909 | +€67,032 |
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.