ARTLISE: 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.
ARTLISE
Largest movements
- Receivables within one year +€13,638
up €13,638 (+402%), from €3,393 to €17,031
of which Trade receivables: +€15,394
- Deferred charges and accrued income -€7,213
down €7,213 (-38.8%), from €18,580 to €11,367
- Cash -€5,386
down €5,386 (-56.2%), from €9,585 to €4,199
mainly Receivables within one year (-€13,638) and Other debts (-€10,143)
- Tangible fixed assets +€846
up €846 (+19.1%), from €4,434 to €5,280
of which Plant, machinery and equipment: +€1,514
- Other debts -€10,143
down €10,143 (-78.7%), from €12,883 to €2,740
- Trade debts +€8,586
up €8,586 (+155%), from €5,536 to €14,122
- Profit (loss) carried forward +€3,915
up €3,915 (+13.3%), from -€29,441 to -€25,526
- Tax, wage and social debts -€1,308
down €1,308 (-27.9%), from €4,678 to €3,371
- Accrued charges and deferred income +€833
new in 2025: €833
- Other operating charges -€5,052
down €5,052 (-58.8%), from €8,585 to €3,533
- Financial charges +€3,638
up €3,638 (+622%), from €585 to €4,223
- Gross operating margin -€1,601
down €1,601 (-11.3%), from €14,150 to €12,549
- Taxes -€1,540
down €1,540 (-89.9%), from €1,714 to €174
- Depreciation -€1,298
down €1,298 (-64.4%), from €2,016 to €718
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.
Derived cash bridge
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 | €35,993 | €37,877 | +€1,884 | +5.2% |
| Fixed assets | 21/28 | €4,434 | €5,280 | +€846 | +19.1% |
| Tangible fixed assets | 22/27 | €4,434 | €5,280 | +€846 | +19.1% |
| Land and buildings | 22 | €4,434 | €3,766 | -€668 | -15.1% |
| Plant, machinery and equipment | 23 | - | €1,514 | +€1,514 | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €31,559 | €32,598 | +€1,039 | +3.3% |
| Amounts receivable within one year | 40/41 | €3,393 | €17,031 | +€13,638 | +402% |
| Trade receivables | 40 | - | €15,394 | +€15,394 | |
| Other amounts receivable | 41 | €3,393 | €1,637 | -€1,756 | -51.8% |
| Cash at bank and in hand | 54/58 | €9,585 | €4,199 | -€5,386 | -56.2% |
| Deferred charges and accrued income | 490/1 | €18,580 | €11,367 | -€7,213 | -38.8% |
| Total equity and liabilities | 10/49 | €35,993 | €37,877 | +€1,884 | +5.2% |
| Equity | 10/15 | €12,896 | €16,811 | +€3,915 | +30.4% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €42,237 | €42,237 | = | 0.0% |
| Distributable reserves | 133 | €42,237 | €42,237 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,441 | -€25,526 | +€3,915 | +13.3% |
| Amounts payable | 17/49 | €23,097 | €21,066 | -€2,031 | -8.8% |
| Amounts payable within one year | 42/48 | €23,097 | €20,233 | -€2,864 | -12.4% |
| Trade debts | 44 | €5,536 | €14,122 | +€8,586 | +155% |
| Suppliers | 440/4 | €5,536 | €14,122 | +€8,586 | +155% |
| Taxes, remuneration and social security | 45 | €4,678 | €3,371 | -€1,308 | -27.9% |
| Taxes | 450/3 | €4,678 | €3,371 | -€1,308 | -27.9% |
| Other amounts payable | 47/48 | €12,883 | €2,740 | -€10,143 | -78.7% |
| Accrued charges and deferred income | 492/3 | - | €833 | +€833 | |
| Non-recurring operating income | 76A | - | €233 | +€233 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,016 | €718 | -€1,298 | -64.4% |
| Other operating charges | 640/8 | €8,585 | €3,533 | -€5,052 | -58.8% |
| Non-recurring operating charges | 66A | €790 | €0 | -€790 | -100% |
| Gross operating margin | 9900 | €14,150 | €12,549 | -€1,601 | -11.3% |
| Operating profit (loss) | 9901 | €2,759 | €8,298 | +€5,538 | +201% |
| Financial income | 75/76B | €18 | €14 | -€4 | -21.4% |
| Recurring financial income | 75 | €18 | €14 | -€4 | -21.4% |
| Financial charges | 65/66B | €585 | €4,223 | +€3,638 | +622% |
| Recurring financial charges | 65 | €585 | €4,223 | +€3,638 | +622% |
| Profit (loss) for the period before taxes | 9903 | €2,193 | €4,089 | +€1,896 | +86.5% |
| Income taxes | 67/77 | €1,714 | €174 | -€1,540 | -89.9% |
| Profit (loss) for the period | 9904 | €479 | €3,915 | +€3,436 | +718% |
| Profit (loss) for the period to be appropriated | 9905 | €479 | €3,915 | +€3,436 | +718% |
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 14 October 2026 via checked.be.