Arto Consulting: 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.
Arto Consulting
Largest movements
- Tangible fixed assets -€13,676
down €13,676 (-21.9%), from €62,574 to €48,899
- Cash -€5,866
down €5,866 (-9.8%), from €59,657 to €53,790
mainly Contributions, distributions and other (-€80,000) and Debts after one year (-€17,919)
- Receivables within one year +€2,960
up €2,960 (+19.9%), from €14,857 to €17,817
of which Trade receivables: +€2,660
- Profit (loss) carried forward -€34,600
down €34,600 (-43.5%), from €79,531 to €44,931
- Other debts +€33,417
up €33,417 (+5,731%), from €583 to €34,000
- Debts after one year -€17,919
down €17,919 (-59.1%), from €30,316 to €12,397
- Tax, wage and social debts +€3,588
up €3,588 (+37.8%), from €9,502 to €13,090
of which Taxes: +€5,988
- Accrued charges and deferred income -€1,576
no longer reported in 2025 (was €1,576)
- Gross operating margin +€10,154
up €10,154 (+15.8%), from €64,138 to €74,292
- Depreciation +€8,022
up €8,022 (+128%), from €6,248 to €14,270
- Financial charges +€976
up €976 (+92.0%), from €1,061 to €2,036
- Other operating charges -€781
down €781 (-54.5%), from €1,432 to €651
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 | €138,775 | €122,338 | -€16,437 | -11.8% |
| Fixed assets | 21/28 | €62,574 | €48,899 | -€13,676 | -21.9% |
| Tangible fixed assets | 22/27 | €62,574 | €48,899 | -€13,676 | -21.9% |
| Furniture and vehicles | 24 | €62,574 | €48,899 | -€13,676 | -21.9% |
| Current assets | 29/58 | €76,201 | €73,439 | -€2,761 | -3.6% |
| Amounts receivable within one year | 40/41 | €14,857 | €17,817 | +€2,960 | +19.9% |
| Trade receivables | 40 | €14,611 | €17,271 | +€2,660 | +18.2% |
| Other amounts receivable | 41 | €246 | €546 | +€300 | +122% |
| Cash at bank and in hand | 54/58 | €59,657 | €53,790 | -€5,866 | -9.8% |
| Deferred charges and accrued income | 490/1 | €1,687 | €1,832 | +€145 | +8.6% |
| Total equity and liabilities | 10/49 | €138,775 | €122,338 | -€16,437 | -11.8% |
| Equity | 10/15 | €79,532 | €44,932 | -€34,600 | -43.5% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,531 | €44,931 | -€34,600 | -43.5% |
| Amounts payable | 17/49 | €59,243 | €77,406 | +€18,163 | +30.7% |
| Amounts payable after more than one year | 17 | €30,316 | €12,397 | -€17,919 | -59.1% |
| Financial debts | 170/4 | €30,316 | €12,397 | -€17,919 | -59.1% |
| Amounts payable within one year | 42/48 | €27,351 | €65,009 | +€37,658 | +138% |
| Current portion of amounts payable after more than one year | 42 | €17,139 | €17,919 | +€780 | +4.6% |
| Trade debts | 44 | €128 | - | -€128 | |
| Suppliers | 440/4 | €128 | - | -€128 | |
| Taxes, remuneration and social security | 45 | €9,502 | €13,090 | +€3,588 | +37.8% |
| Taxes | 450/3 | €7,102 | €13,090 | +€5,988 | +84.3% |
| Remuneration and social security | 454/9 | €2,400 | - | -€2,400 | |
| Other amounts payable | 47/48 | €583 | €34,000 | +€33,417 | +5,731% |
| Accrued charges and deferred income | 492/3 | €1,576 | - | -€1,576 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,248 | €14,270 | +€8,022 | +128% |
| Other operating charges | 640/8 | €1,432 | €651 | -€781 | -54.5% |
| Gross operating margin | 9900 | €64,138 | €74,292 | +€10,154 | +15.8% |
| Operating profit (loss) | 9901 | €56,458 | €59,371 | +€2,913 | +5.2% |
| Financial charges | 65/66B | €1,061 | €2,036 | +€976 | +92.0% |
| Recurring financial charges | 65 | €1,061 | €2,036 | +€976 | +92.0% |
| Profit (loss) for the period before taxes | 9903 | €55,397 | €57,334 | +€1,937 | +3.5% |
| Income taxes | 67/77 | €11,435 | €11,935 | +€500 | +4.4% |
| Profit (loss) for the period | 9904 | €43,963 | €45,400 | +€1,437 | +3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €43,963 | €45,400 | +€1,437 | +3.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.