ARTOLIA: 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.
ARTOLIA
Largest movements
- Cash -€318,697
down €318,697 (-55.5%), from €574,222 to €255,524
mainly Receivables within one year (-€156,126) and Net result for the year (-€113,832)
- Receivables within one year +€156,126
up €156,126 (+243.8%), from €64,032 to €220,157
of which Other amounts receivable: +€144,684
- Profit (loss) carried forward -€113,832
down €113,832 (-34.1%), from €334,258 to €220,427
- Trade debts -€61,088
down €61,088 (-39.9%), from €153,268 to €92,180
- Other debts +€12,541
up €12,541 (+94.8%), from €13,235 to €25,776
- Gross operating margin -€381,032
down €381,032, from €378,280 to -€2,752
- Taxes -€55,007
no longer reported in 2024 (was €55,007)
- Financial charges -€13,072
down €13,072 (-61.7%), from €21,170 to €8,098
- Depreciation -€8,916
no longer reported in 2024 (was €8,916)
- Financial income +€6,451
up €6,451 (+266.1%), from €2,424 to €8,875
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €652,659 | €492,087 | -€160,572 | -24.6% |
| Fixed assets | 21/28 | €14,406 | €16,406 | +€2,000 | +13.9% |
| Tangible fixed assets | 22/27 | €12,486 | €14,486 | +€2,000 | +16.0% |
| Plant, machinery and equipment | 23 | €0 | €2,000 | +€2,000 | |
| Furniture and vehicles | 24 | €7,571 | €7,571 | = | 0.0% |
| Other tangible fixed assets | 26 | €4,915 | €4,915 | = | 0.0% |
| Financial fixed assets | 28 | €1,920 | €1,920 | = | 0.0% |
| Current assets | 29/58 | €638,253 | €475,681 | -€162,572 | -25.5% |
| Amounts receivable within one year | 40/41 | €64,032 | €220,157 | +€156,126 | +243.8% |
| Trade receivables | 40 | - | €11,442 | +€11,442 | |
| Other amounts receivable | 41 | €64,032 | €208,715 | +€144,684 | +226.0% |
| Cash at bank and in hand | 54/58 | €574,222 | €255,524 | -€318,697 | -55.5% |
| Total equity and liabilities | 10/49 | €652,659 | €492,087 | -€160,572 | -24.6% |
| Equity | 10/15 | €352,858 | €239,027 | -€113,832 | -32.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €334,258 | €220,427 | -€113,832 | -34.1% |
| Amounts payable | 17/49 | €299,801 | €253,061 | -€46,740 | -15.6% |
| Amounts payable within one year | 42/48 | €299,801 | €253,061 | -€46,740 | -15.6% |
| Trade debts | 44 | €153,268 | €92,180 | -€61,088 | -39.9% |
| Suppliers | 440/4 | €153,268 | €92,180 | -€61,088 | -39.9% |
| Taxes, remuneration and social security | 45 | €133,298 | €135,105 | +€1,807 | +1.4% |
| Taxes | 450/3 | €112,190 | €85,998 | -€26,192 | -23.3% |
| Remuneration and social security | 454/9 | €21,108 | €49,107 | +€27,999 | +132.6% |
| Other amounts payable | 47/48 | €13,235 | €25,776 | +€12,541 | +94.8% |
| Remuneration, social security and pensions | 62 | €116,380 | €111,502 | -€4,878 | -4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,916 | - | -€8,916 | |
| Other operating charges | 640/8 | €3,780 | €354 | -€3,426 | -90.6% |
| Gross operating margin | 9900 | €378,280 | -€2,752 | -€381,032 | |
| Operating profit (loss) | 9901 | €249,203 | -€114,608 | -€363,812 | |
| Financial income | 75/76B | €2,424 | €8,875 | +€6,451 | +266.1% |
| Recurring financial income | 75 | €2,424 | €8,875 | +€6,451 | +266.1% |
| Financial charges | 65/66B | €21,170 | €8,098 | -€13,072 | -61.7% |
| Recurring financial charges | 65 | €21,170 | €8,098 | -€13,072 | -61.7% |
| Profit (loss) for the period before taxes | 9903 | €230,457 | -€113,832 | -€344,289 | |
| Income taxes | 67/77 | €55,007 | - | -€55,007 | |
| Profit (loss) for the period | 9904 | €175,451 | -€113,832 | -€289,282 | |
| Profit (loss) for the period to be appropriated | 9905 | €175,451 | -€113,832 | -€289,282 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.