ArtLex Ink: what changed
What changed
ArtLex Ink
NACE 96.992, Tattoo and piercing services
filed annual accounts (NBB)
Net result for the year
€4,850
2024 · €565+€4,285
Equity
€26,821
2024 · €22,804+€4,017
Cash
€12,383
2024 · €3,504+€8,879
Balance sheet total
€304,925
2024 · €327,878-€22,954
Largest movements
Assets
- Tangible fixed assets -€34,700
down €34,700 (-10.8%), from €321,042 to €286,343
of which Furniture and vehicles: -€18,951
- Cash +€8,879
up €8,879 (+253%), from €3,504 to €12,383
mainly Depreciation (+€20,634) and Investment in fixed assets (net) (+€14,066)
Equity and liabilities
- Debts after one year -€15,834
down €15,834 (-6.1%), from €258,325 to €242,491
- Other debts -€4,768
down €4,768 (-32.6%), from €14,632 to €9,864
- Reserves +€4,017
up €4,017 (+19.8%), from €20,304 to €24,321
- Current portion of long-term debt -€3,710
down €3,710 (-19.0%), from €19,544 to €15,834
Income statement
- Depreciation -€7,400
down €7,400 (-26.4%), from €28,034 to €20,634
- Gross operating margin -€3,378
down €3,378 (-7.6%), from €44,159 to €40,782
- Other operating charges -€711
down €711 (-32.0%), from €2,219 to €1,508
- Financial charges +€548
up €548 (+4.5%), from €12,056 to €12,604
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.
Result 2024
€565
Gross operating margin
-€3,378
Depreciation
+€7,400
Other operating charges
+€711
Financial income
+€227
Financial charges
-€548
Taxes
-€127
Result 2025
€4,850
raises the resultlowers the result
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.
From operations
+€15,190
Investment
+€14,066
Financing
-€20,377
Cash 2024
€3,504
From operations (derived)
+€15,190
Net result for the year
+€4,850
Depreciation
+€20,634
Stocks and contracts
-€429
Receivables within one year
-€2,041
Deferred charges and accrued income
-€397
Trade debts
-€1,456
Tax, wage and social debts
-€993
Other debts
-€4,768
Accrued charges and deferred income
-€209
Investment (derived)
+€14,066
Investment in fixed assets (net)
+€14,066
Financing
-€20,377
Debts after one year
-€15,834
Current portion of long-term debt
-€3,710
Contributions, distributions and other
-€833
Cash 2025
€12,383
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €327,878 | €304,925 | -€22,954 | -7.0% |
| Fixed assets | 21/28 | €321,042 | €286,343 | -€34,700 | -10.8% |
| Tangible fixed assets | 22/27 | €321,042 | €286,343 | -€34,700 | -10.8% |
| Land and buildings | 22 | €293,859 | €275,792 | -€18,067 | -6.1% |
| Plant, machinery and equipment | 23 | €5,585 | €7,903 | +€2,318 | +41.5% |
| Furniture and vehicles | 24 | €21,598 | €2,648 | -€18,951 | -87.7% |
| Current assets | 29/58 | €6,836 | €18,582 | +€11,746 | +172% |
| Stocks and contracts in progress | 3 | €965 | €1,395 | +€429 | +44.5% |
| Stocks | 30/36 | €965 | €1,395 | +€429 | +44.5% |
| Amounts receivable within one year | 40/41 | €1,406 | €3,447 | +€2,041 | +145% |
| Trade receivables | 40 | €833 | €2,164 | +€1,331 | +160% |
| Other amounts receivable | 41 | €573 | €1,283 | +€710 | +124% |
| Cash at bank and in hand | 54/58 | €3,504 | €12,383 | +€8,879 | +253% |
| Deferred charges and accrued income | 490/1 | €961 | €1,358 | +€397 | +41.3% |
| Total equity and liabilities | 10/49 | €327,878 | €304,925 | -€22,954 | -7.0% |
| Equity | 10/15 | €22,804 | €26,821 | +€4,017 | +17.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €20,304 | €24,321 | +€4,017 | +19.8% |
| Distributable reserves | 133 | €20,304 | €24,321 | +€4,017 | +19.8% |
| Amounts payable | 17/49 | €305,074 | €278,104 | -€26,971 | -8.8% |
| Amounts payable after more than one year | 17 | €258,325 | €242,491 | -€15,834 | -6.1% |
| Financial debts | 170/4 | €258,325 | €242,491 | -€15,834 | -6.1% |
| Amounts payable within one year | 42/48 | €45,841 | €34,913 | -€10,928 | -23.8% |
| Current portion of amounts payable after more than one year | 42 | €19,544 | €15,834 | -€3,710 | -19.0% |
| Trade debts | 44 | €6,665 | €5,209 | -€1,456 | -21.9% |
| Suppliers | 440/4 | €6,665 | €5,209 | -€1,456 | -21.9% |
| Taxes, remuneration and social security | 45 | €5,000 | €4,007 | -€993 | -19.9% |
| Taxes | 450/3 | €5,000 | €4,007 | -€993 | -19.9% |
| Other amounts payable | 47/48 | €14,632 | €9,864 | -€4,768 | -32.6% |
| Accrued charges and deferred income | 492/3 | €908 | €700 | -€209 | -23.0% |
| Non-recurring operating income | 76A | - | €3,083 | +€3,083 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,034 | €20,634 | -€7,400 | -26.4% |
| Other operating charges | 640/8 | €2,219 | €1,508 | -€711 | -32.0% |
| Gross operating margin | 9900 | €44,159 | €40,782 | -€3,378 | -7.6% |
| Operating profit (loss) | 9901 | €13,907 | €18,639 | +€4,733 | +34.0% |
| Financial income | 75/76B | - | €227 | +€227 | |
| Recurring financial income | 75 | - | €227 | +€227 | |
| Financial charges | 65/66B | €12,056 | €12,604 | +€548 | +4.5% |
| Recurring financial charges | 65 | €12,056 | €12,604 | +€548 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | €1,850 | €6,262 | +€4,412 | +238% |
| Income taxes | 67/77 | €1,285 | €1,412 | +€127 | +9.9% |
| Profit (loss) for the period | 9904 | €565 | €4,850 | +€4,285 | +758% |
| Profit (loss) for the period to be appropriated | 9905 | €565 | €4,850 | +€4,285 | +758% |
Next steps
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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 2 November 2026 via checked.be.