ARTMALIS: 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.
ARTMALIS
Largest movements
- Cash +€23,885
up €23,885 (+309.8%), from €7,709 to €31,594
mainly Trade debts (+€24,010) and Other debts (+€13,500)
- Trade debts +€24,010
up €24,010 (+12005.0%), from €200 to €24,210
- Debts after one year -€22,473
down €22,473 (-10.9%), from €205,435 to €182,962
of which Financial debts: -€22,473
- Other debts +€13,500
up €13,500 (+12.0%), from €112,037 to €125,537
- Taxes +€1,264
new in 2025: €1,264
- Financial charges -€569
down €569 (-14.2%), from €4,016 to €3,447
- Gross operating margin +€121
up €121 (+1.4%), from €8,627 to €8,749
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 | €455,619 | €479,503 | +€23,885 | +5.2% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €447,910 | €447,910 | = | 0.0% |
| Financial fixed assets | 28 | €447,910 | €447,910 | = | 0.0% |
| Current assets | 29/58 | €7,709 | €31,594 | +€23,885 | +309.8% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €7,709 | €31,594 | +€23,885 | +309.8% |
| Total equity and liabilities | 10/49 | €455,619 | €479,503 | +€23,885 | +5.2% |
| Equity | 10/15 | €114,003 | €118,041 | +€4,038 | +3.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,003 | €18,041 | +€4,038 | +28.8% |
| Amounts payable | 17/49 | €341,616 | €361,463 | +€19,847 | +5.8% |
| Amounts payable after more than one year | 17 | €205,435 | €182,962 | -€22,473 | -10.9% |
| Financial debts | 170/4 | €105,435 | €82,962 | -€22,473 | -21.3% |
| Other amounts payable | 178/9 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €136,181 | €178,501 | +€42,320 | +31.1% |
| Current portion of amounts payable after more than one year | 42 | €21,950 | €22,473 | +€524 | +2.4% |
| Trade debts | 44 | €200 | €24,210 | +€24,010 | +12005.0% |
| Suppliers | 440/4 | €200 | €24,210 | +€24,010 | +12005.0% |
| Taxes, remuneration and social security | 45 | €1,994 | €6,281 | +€4,286 | +214.9% |
| Taxes | 450/3 | €1,994 | €6,281 | +€4,286 | +214.9% |
| Other amounts payable | 47/48 | €112,037 | €125,537 | +€13,500 | +12.0% |
| Gross operating margin | 9900 | €8,627 | €8,749 | +€121 | +1.4% |
| Operating profit (loss) | 9901 | €8,627 | €8,749 | +€121 | +1.4% |
| Financial charges | 65/66B | €4,016 | €3,447 | -€569 | -14.2% |
| Recurring financial charges | 65 | €4,016 | €3,447 | -€569 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €4,612 | €5,302 | +€690 | +15.0% |
| Income taxes | 67/77 | - | €1,264 | +€1,264 | |
| Profit (loss) for the period | 9904 | €4,612 | €4,038 | -€574 | -12.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,612 | €4,038 | -€574 | -12.4% |
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 5 October 2026 via checked.be.