Artrix: 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.
Artrix
Largest movements
- Stocks and contracts +€17,722
up €17,722 (+750.7%), from €2,361 to €20,083
of which Contracts in progress: +€10,356
- Tangible fixed assets -€17,455
down €17,455 (-26.6%), from €65,528 to €48,073
- Receivables within one year -€9,858
down €9,858 (-60.5%), from €16,291 to €6,432
of which Trade receivables: -€8,836
- Deferred charges and accrued income +€2,654
up €2,654 (+141.3%), from €1,879 to €4,533
- Other debts -€14,981
down €14,981 (-69.7%), from €21,487 to €6,506
- Trade debts +€12,931
up €12,931 (+175.5%), from €7,367 to €20,299
- Debts after one year -€5,802
down €5,802 (-33.8%), from €17,167 to €11,365
- Reserves +€4,122
up €4,122 (+19.5%), from €21,092 to €25,214
- Tax, wage and social debts -€2,330
down €2,330 (-27.6%), from €8,448 to €6,118
of which Remuneration and social security: -€2,000
- Gross operating margin -€11,094
down €11,094 (-26.5%), from €41,898 to €30,804
- Provisions +€3,500
no longer reported in 2025 (was -€3,500)
- Taxes +€1,795
up €1,795 (+54.2%), from €3,313 to €5,108
- Financial charges -€1,518
down €1,518 (-53.0%), from €2,863 to €1,345
- Depreciation -€886
down €886 (-4.4%), from €20,221 to €19,335
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 | €91,451 | €83,705 | -€7,746 | -8.5% |
| Fixed assets | 21/28 | €67,527 | €49,572 | -€17,955 | -26.6% |
| Intangible fixed assets | 21 | €1,999 | €1,499 | -€500 | -25.0% |
| Tangible fixed assets | 22/27 | €65,528 | €48,073 | -€17,455 | -26.6% |
| Plant, machinery and equipment | 23 | €11,171 | €8,942 | -€2,229 | -20.0% |
| Furniture and vehicles | 24 | €14,374 | €9,072 | -€5,302 | -36.9% |
| Leasing and similar rights | 25 | €31,455 | €23,324 | -€8,131 | -25.8% |
| Other tangible fixed assets | 26 | €8,528 | €6,735 | -€1,793 | -21.0% |
| Current assets | 29/58 | €23,924 | €34,133 | +€10,209 | +42.7% |
| Stocks and contracts in progress | 3 | €2,361 | €20,083 | +€17,722 | +750.7% |
| Stocks | 30/36 | €2,361 | €9,727 | +€7,366 | +312.0% |
| Contracts in progress | 37 | - | €10,356 | +€10,356 | |
| Amounts receivable within one year | 40/41 | €16,291 | €6,432 | -€9,858 | -60.5% |
| Trade receivables | 40 | €14,145 | €5,310 | -€8,836 | -62.5% |
| Other amounts receivable | 41 | €2,145 | €1,123 | -€1,022 | -47.7% |
| Cash at bank and in hand | 54/58 | €3,394 | €3,085 | -€309 | -9.1% |
| Deferred charges and accrued income | 490/1 | €1,879 | €4,533 | +€2,654 | +141.3% |
| Total equity and liabilities | 10/49 | €91,451 | €83,705 | -€7,746 | -8.5% |
| Equity | 10/15 | €27,292 | €31,414 | +€4,122 | +15.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €21,092 | €25,214 | +€4,122 | +19.5% |
| Distributable reserves | 133 | €21,092 | €25,214 | +€4,122 | +19.5% |
| Amounts payable | 17/49 | €64,159 | €52,291 | -€11,868 | -18.5% |
| Amounts payable after more than one year | 17 | €17,167 | €11,365 | -€5,802 | -33.8% |
| Financial debts | 170/4 | €17,167 | €11,365 | -€5,802 | -33.8% |
| Amounts payable within one year | 42/48 | €45,601 | €38,725 | -€6,876 | -15.1% |
| Current portion of amounts payable after more than one year | 42 | €6,502 | €5,802 | -€699 | -10.8% |
| Financial debts | 43 | €948 | - | -€948 | |
| Credit institutions | 430/8 | €948 | - | -€948 | |
| Trade debts | 44 | €7,367 | €20,299 | +€12,931 | +175.5% |
| Suppliers | 440/4 | €7,367 | €20,299 | +€12,931 | +175.5% |
| Advances received on contracts in progress | 46 | €849 | - | -€849 | |
| Taxes, remuneration and social security | 45 | €8,448 | €6,118 | -€2,330 | -27.6% |
| Taxes | 450/3 | €6,448 | €6,118 | -€330 | -5.1% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €21,487 | €6,506 | -€14,981 | -69.7% |
| Accrued charges and deferred income | 492/3 | €1,391 | €2,201 | +€811 | +58.3% |
| Non-recurring operating income | 76A | - | €1,500 | +€1,500 | |
| Remuneration, social security and pensions | 62 | €137 | - | -€137 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,221 | €19,335 | -€886 | -4.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€3,500 | - | +€3,500 | |
| Other operating charges | 640/8 | €929 | €1,282 | +€353 | +38.0% |
| Gross operating margin | 9900 | €41,898 | €30,804 | -€11,094 | -26.5% |
| Operating profit (loss) | 9901 | €24,112 | €10,186 | -€13,925 | -57.8% |
| Financial income | 75/76B | €167 | €388 | +€221 | +132.4% |
| Recurring financial income | 75 | €167 | €388 | +€221 | +132.4% |
| Financial charges | 65/66B | €2,863 | €1,345 | -€1,518 | -53.0% |
| Recurring financial charges | 65 | €2,863 | €1,345 | -€1,518 | -53.0% |
| Profit (loss) for the period before taxes | 9903 | €21,416 | €9,229 | -€12,186 | -56.9% |
| Income taxes | 67/77 | €3,313 | €5,108 | +€1,795 | +54.2% |
| Profit (loss) for the period | 9904 | €18,103 | €4,122 | -€13,981 | -77.2% |
| Profit (loss) for the period to be appropriated | 9905 | €18,103 | €4,122 | -€13,981 | -77.2% |
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 9 October 2026 via checked.be.