ARTRADEX: 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.
ARTRADEX
Largest movements
- Cash +€11
up €11 (+97.0%), from €11 to €22
mainly Other debts (+€237)
- Other debts +€237
up €237 (+0.3%), from €79,368 to €79,605
- Profit (loss) carried forward -€226
down €226 (-0.2%), from -€97,949 to -€98,175
- Financial charges +€5
up €5 (+6.3%), from €72 to €77
- Gross operating margin -€2
down €2 (-1.3%), from -€148 to -€150
- Purchases and services +€2
up €2 (+1.3%), from €148 to €150
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 | €11 | €22 | +€11 | +97.0% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Current assets | 29/58 | €11 | €22 | +€11 | +97.0% |
| Cash at bank and in hand | 54/58 | €11 | €22 | +€11 | +97.0% |
| Total equity and liabilities | 10/49 | €11 | €22 | +€11 | +97.0% |
| Equity | 10/15 | -€79,357 | -€79,583 | -€226 | -0.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | - | -€18,592 | |
| Issued capital | 100 | €18,592 | - | -€18,592 | |
| Profit (loss) carried forward | 14 | -€97,949 | -€98,175 | -€226 | -0.2% |
| Amounts payable | 17/49 | €79,368 | €79,605 | +€237 | +0.3% |
| Amounts payable within one year | 42/48 | €79,368 | €79,605 | +€237 | +0.3% |
| Other amounts payable | 47/48 | €79,368 | €79,605 | +€237 | +0.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €148 | €150 | +€2 | +1.3% |
| Non-recurring operating charges | 66A | €2,420 | - | -€2,420 | |
| Gross operating margin | 9900 | -€148 | -€150 | -€2 | -1.3% |
| Operating profit (loss) | 9901 | -€2,567 | -€150 | +€2,418 | +94.2% |
| Financial charges | 65/66B | €72 | €77 | +€5 | +6.3% |
| Recurring financial charges | 65 | €72 | €77 | +€5 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,639 | -€226 | +€2,413 | +91.4% |
| Profit (loss) for the period | 9904 | -€2,639 | -€226 | +€2,413 | +91.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,639 | -€226 | +€2,413 | +91.4% |
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 10 October 2026 via checked.be.