ARTIVIRO: 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.
ARTIVIRO
Largest movements
- Tangible fixed assets +€69,257
up €69,257 (+343.8%), from €20,145 to €89,402
of which Furniture and vehicles: +€70,983
- Cash +€25,236
up €25,236 (+8.7%), from €291,012 to €316,248
mainly Other debts (+€227,508) and Net result for the year (+€113,136)
- Receivables within one year +€11,495
up €11,495 (+111.8%), from €10,285 to €21,780
- Other debts +€227,508
up €227,508 (+3618.3%), from €6,288 to €233,796
- Reserves -€119,961
down €119,961 (-41.5%), from €288,765 to €168,804
- Gross operating margin -€26,956
down €26,956 (-14.3%), from €188,407 to €161,450
- Taxes -€18,302
down €18,302 (-32.1%), from €57,072 to €38,770
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 | €321,876 | €428,195 | +€106,319 | +33.0% |
| Fixed assets | 21/28 | €20,145 | €89,402 | +€69,257 | +343.8% |
| Tangible fixed assets | 22/27 | €20,145 | €89,402 | +€69,257 | +343.8% |
| Land and buildings | 22 | €18,306 | €16,580 | -€1,726 | -9.4% |
| Furniture and vehicles | 24 | €1,838 | €72,822 | +€70,983 | +3861.0% |
| Current assets | 29/58 | €301,731 | €338,793 | +€37,062 | +12.3% |
| Amounts receivable within one year | 40/41 | €10,285 | €21,780 | +€11,495 | +111.8% |
| Trade receivables | 40 | €10,285 | €21,780 | +€11,495 | +111.8% |
| Cash at bank and in hand | 54/58 | €291,012 | €316,248 | +€25,236 | +8.7% |
| Deferred charges and accrued income | 490/1 | €434 | €765 | +€331 | +76.2% |
| Total equity and liabilities | 10/49 | €321,876 | €428,195 | +€106,319 | +33.0% |
| Equity | 10/15 | €289,765 | €169,804 | -€119,961 | -41.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €288,765 | €168,804 | -€119,961 | -41.5% |
| Distributable reserves | 133 | €288,765 | €168,804 | -€119,961 | -41.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €32,111 | €258,391 | +€226,280 | +704.7% |
| Amounts payable within one year | 42/48 | €31,975 | €258,391 | +€226,416 | +708.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €288 | €822 | +€535 | +185.8% |
| Suppliers | 440/4 | €288 | €822 | +€535 | +185.8% |
| Taxes, remuneration and social security | 45 | €25,399 | €23,773 | -€1,627 | -6.4% |
| Taxes | 450/3 | €25,399 | €23,773 | -€1,627 | -6.4% |
| Other amounts payable | 47/48 | €6,288 | €233,796 | +€227,508 | +3618.3% |
| Accrued charges and deferred income | 492/3 | €136 | €0 | -€136 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,431 | €11,153 | -€1,278 | -10.3% |
| Other operating charges | 640/8 | €115 | €62 | -€53 | -46.1% |
| Gross operating margin | 9900 | €188,407 | €161,450 | -€26,956 | -14.3% |
| Operating profit (loss) | 9901 | €175,861 | €150,235 | -€25,626 | -14.6% |
| Financial income | 75/76B | €120 | €1,744 | +€1,624 | +1358.6% |
| Recurring financial income | 75 | €120 | €1,744 | +€1,624 | +1358.6% |
| Financial charges | 65/66B | €143 | €72 | -€71 | -49.5% |
| Recurring financial charges | 65 | €143 | €72 | -€71 | -49.5% |
| Profit (loss) for the period before taxes | 9903 | €175,837 | €151,907 | -€23,931 | -13.6% |
| Income taxes | 67/77 | €57,072 | €38,770 | -€18,302 | -32.1% |
| Profit (loss) for the period | 9904 | €118,765 | €113,136 | -€5,629 | -4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €118,765 | €113,136 | -€5,629 | -4.7% |
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 12 October 2026 via checked.be.