ARTIZ-ELEC: what changed
ARTIZ-ELEC
Largest movements
- Receivables within one year -€14,558
down €14,558 (-31.1%), from €46,802 to €32,243
of which Trade receivables: -€9,441
- Tax, wage and social debts -€7,411
down €7,411 (-76.0%), from €9,745 to €2,334
- Profit (loss) carried forward -€3,751
down €3,751 (-23.5%), from €15,964 to €12,213
- Other debts -€3,124
down €3,124 (-27.8%), from €11,230 to €8,107
- Gross operating margin -€13,076
down €13,076, from €9,673 to -€3,403
- Taxes -€2,416
no longer reported in 2025 (was €2,416)
- Other operating charges +€191
up €191 (+150%), from €128 to €319
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €46,910 | €32,263 | -€14,647 | -31.2% |
| Current assets | 29/58 | €46,910 | €32,263 | -€14,647 | -31.2% |
| Amounts receivable within one year | 40/41 | €46,802 | €32,243 | -€14,558 | -31.1% |
| Trade receivables | 40 | €39,146 | €29,705 | -€9,441 | -24.1% |
| Other amounts receivable | 41 | €7,656 | €2,538 | -€5,117 | -66.8% |
| Cash at bank and in hand | 54/58 | €109 | €20 | -€89 | -81.9% |
| Total equity and liabilities | 10/49 | €46,910 | €32,263 | -€14,647 | -31.2% |
| Equity | 10/15 | €18,964 | €15,213 | -€3,751 | -19.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,964 | €12,213 | -€3,751 | -23.5% |
| Amounts payable | 17/49 | €27,946 | €17,050 | -€10,897 | -39.0% |
| Amounts payable within one year | 42/48 | €27,946 | €17,050 | -€10,897 | -39.0% |
| Trade debts | 44 | €6,971 | €6,609 | -€362 | -5.2% |
| Suppliers | 440/4 | €6,971 | €6,609 | -€362 | -5.2% |
| Taxes, remuneration and social security | 45 | €9,745 | €2,334 | -€7,411 | -76.0% |
| Taxes | 450/3 | €9,745 | €2,334 | -€7,411 | -76.0% |
| Other amounts payable | 47/48 | €11,230 | €8,107 | -€3,124 | -27.8% |
| Non-recurring operating income | 76A | - | €3 | +€3 | |
| Other operating charges | 640/8 | €128 | €319 | +€191 | +150% |
| Non-recurring operating charges | 66A | - | €1 | +€1 | |
| Gross operating margin | 9900 | €9,673 | -€3,403 | -€13,076 | |
| Operating profit (loss) | 9901 | €9,546 | -€3,723 | -€13,269 | |
| Financial income | 75/76B | - | €18 | +€18 | |
| Recurring financial income | 75 | - | €18 | +€18 | |
| Financial charges | 65/66B | €103 | €46 | -€57 | -55.7% |
| Recurring financial charges | 65 | €103 | €46 | -€57 | -55.7% |
| Profit (loss) for the period before taxes | 9903 | €9,443 | -€3,751 | -€13,194 | |
| Income taxes | 67/77 | €2,416 | - | -€2,416 | |
| Profit (loss) for the period | 9904 | €7,027 | -€3,751 | -€10,778 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,027 | -€3,751 | -€10,778 |
Next steps
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 7 November 2026 via checked.be.