ARTIZEN: 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.
ARTIZEN
Largest movements
- Receivables within one year +€12,271
up €12,271 (+21.8%), from €56,403 to €68,674
of which Trade receivables: +€12,440
- Cash -€7,952
down €7,952 (-84.8%), from €9,376 to €1,424
mainly Receivables within one year (-€12,271) and Trade debts (-€4,220)
- Profit (loss) carried forward +€7,175
up €7,175 (+36.8%), from €19,496 to €26,672
- Trade debts -€4,220
down €4,220 (-18.8%), from €22,419 to €18,199
- Tax, wage and social debts +€1,296
up €1,296 (+21.7%), from €5,970 to €7,266
of which Taxes: +€1,766
- Staff costs -€4,147
down €4,147 (-84.0%), from €4,938 to €791
- Gross operating margin -€3,723
down €3,723 (-23.1%), from €16,133 to €12,410
- Taxes -€225
down €225 (-9.2%), from €2,451 to €2,226
- Financial charges -€205
down €205 (-19.9%), from €1,029 to €824
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 | €66,631 | €70,788 | +€4,157 | +6.2% |
| Fixed assets | 21/28 | €363 | €363 | = | 0.0% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €66,267 | €70,425 | +€4,157 | +6.3% |
| Amounts receivable within one year | 40/41 | €56,403 | €68,674 | +€12,271 | +21.8% |
| Trade receivables | 40 | €2,296 | €14,736 | +€12,440 | +541.8% |
| Other amounts receivable | 41 | €54,107 | €53,938 | -€169 | -0.3% |
| Cash at bank and in hand | 54/58 | €9,376 | €1,424 | -€7,952 | -84.8% |
| Deferred charges and accrued income | 490/1 | €489 | €327 | -€162 | -33.1% |
| Total equity and liabilities | 10/49 | €66,631 | €70,788 | +€4,157 | +6.2% |
| Equity | 10/15 | €38,096 | €45,272 | +€7,175 | +18.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,496 | €26,672 | +€7,175 | +36.8% |
| Amounts payable | 17/49 | €28,535 | €25,516 | -€3,018 | -10.6% |
| Amounts payable within one year | 42/48 | €28,389 | €25,516 | -€2,873 | -10.1% |
| Trade debts | 44 | €22,419 | €18,199 | -€4,220 | -18.8% |
| Suppliers | 440/4 | €22,419 | €18,199 | -€4,220 | -18.8% |
| Taxes, remuneration and social security | 45 | €5,970 | €7,266 | +€1,296 | +21.7% |
| Taxes | 450/3 | €5,500 | €7,266 | +€1,766 | +32.1% |
| Remuneration and social security | 454/9 | €470 | - | -€470 | |
| Other amounts payable | 47/48 | - | €51 | +€51 | |
| Accrued charges and deferred income | 492/3 | €145 | - | -€145 | |
| Remuneration, social security and pensions | 62 | €4,938 | €791 | -€4,147 | -84.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | - | €1,016 | +€1,016 | |
| Gross operating margin | 9900 | €16,133 | €12,410 | -€3,723 | -23.1% |
| Operating profit (loss) | 9901 | €10,808 | €10,203 | -€605 | -5.6% |
| Financial income | 75/76B | €28 | €22 | -€6 | -22.4% |
| Recurring financial income | 75 | €28 | €22 | -€6 | -22.4% |
| Financial charges | 65/66B | €1,029 | €824 | -€205 | -19.9% |
| Recurring financial charges | 65 | €1,029 | €824 | -€205 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | €9,807 | €9,401 | -€406 | -4.1% |
| Income taxes | 67/77 | €2,451 | €2,226 | -€225 | -9.2% |
| Profit (loss) for the period | 9904 | €7,356 | €7,175 | -€181 | -2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,356 | €7,175 | -€181 | -2.5% |
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 3 October 2026 via checked.be.