ArtOlilo: 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.
ArtOlilo
Largest movements
- Receivables within one year -€4,183
down €4,183 (-45.7%), from €9,149 to €4,966
of which Trade receivables: -€6,175
- Deferred charges and accrued income +€1,084
up €1,084 (+40.5%), from €2,677 to €3,761
- Trade debts -€35,634
down €35,634 (-53.9%), from €66,105 to €30,472
- Profit (loss) carried forward +€35,172
up €35,172 (+21.8%), from -€161,101 to -€125,929
- Current portion of long-term debt -€4,000
no longer reported in 2025 (was €4,000)
- Tax, wage and social debts +€1,335
up €1,335 (+46.7%), from €2,856 to €4,191
of which Taxes: +€1,885
- Accrued charges and deferred income -€324
down €324 (-10.3%), from €3,157 to €2,832
- Gross operating margin +€76,554
up €76,554, from -€34,450 to €42,104
- Other operating charges -€54,921
down €54,921 (-97.7%), from €56,225 to €1,305
- Financial charges -€34,989
down €34,989 (-86.5%), from €40,469 to €5,480
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 | €12,037 | €8,879 | -€3,158 | -26.2% |
| Current assets | 29/58 | €12,037 | €8,879 | -€3,158 | -26.2% |
| Amounts receivable within one year | 40/41 | €9,149 | €4,966 | -€4,183 | -45.7% |
| Trade receivables | 40 | €8,969 | €2,795 | -€6,175 | -68.8% |
| Other amounts receivable | 41 | €180 | €2,172 | +€1,992 | +1,106% |
| Cash at bank and in hand | 54/58 | €211 | €152 | -€59 | -27.8% |
| Deferred charges and accrued income | 490/1 | €2,677 | €3,761 | +€1,084 | +40.5% |
| Total equity and liabilities | 10/49 | €12,037 | €8,879 | -€3,158 | -26.2% |
| Equity | 10/15 | -€140,116 | -€104,944 | +€35,172 | +25.1% |
| Contributions | 10/11 | €19,500 | €19,500 | = | 0.0% |
| Reserves | 13 | €1,485 | €1,485 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,485 | €1,485 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,485 | €1,485 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€161,101 | -€125,929 | +€35,172 | +21.8% |
| Amounts payable | 17/49 | €152,153 | €113,823 | -€38,330 | -25.2% |
| Amounts payable after more than one year | 17 | €67,500 | €67,500 | = | 0.0% |
| Financial debts | 170/4 | €67,500 | €67,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €81,497 | €43,491 | -€38,006 | -46.6% |
| Current portion of amounts payable after more than one year | 42 | €4,000 | - | -€4,000 | |
| Trade debts | 44 | €66,105 | €30,472 | -€35,634 | -53.9% |
| Suppliers | 440/4 | €66,105 | €30,472 | -€35,634 | -53.9% |
| Taxes, remuneration and social security | 45 | €2,856 | €4,191 | +€1,335 | +46.7% |
| Taxes | 450/3 | €2,306 | €4,191 | +€1,885 | +81.7% |
| Remuneration and social security | 454/9 | €550 | - | -€550 | |
| Other amounts payable | 47/48 | €8,536 | €8,829 | +€293 | +3.4% |
| Accrued charges and deferred income | 492/3 | €3,157 | €2,832 | -€324 | -10.3% |
| Other operating charges | 640/8 | €56,225 | €1,305 | -€54,921 | -97.7% |
| Gross operating margin | 9900 | -€34,450 | €42,104 | +€76,554 | |
| Operating profit (loss) | 9901 | -€90,676 | €40,799 | +€131,475 | |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €40,469 | €5,480 | -€34,989 | -86.5% |
| Recurring financial charges | 65 | €40,469 | €5,480 | -€34,989 | -86.5% |
| Profit (loss) for the period before taxes | 9903 | -€131,141 | €35,319 | +€166,460 | |
| Income taxes | 67/77 | €155 | €147 | -€8 | -5.0% |
| Profit (loss) for the period | 9904 | -€131,296 | €35,172 | +€166,468 | |
| Profit (loss) for the period to be appropriated | 9905 | -€131,296 | €35,172 | +€166,468 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.