ARTSEN-CENTRUM: 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.
ARTSEN-CENTRUM
Largest movements
- Current investments -€430,000
down €430,000 (-100.0%), from €430,000 to €0
- Cash +€320,285
up €320,285 (+342.0%), from €93,661 to €413,946
mainly Current investments (+€430,000) and Net result for the year (+€395,842)
- Deferred charges and accrued income -€11,679
down €11,679 (-80.0%), from €14,606 to €2,928
- Receivables within one year +€8,990
up €8,990 (+140.4%), from €6,402 to €15,392
of which Other amounts receivable: +€8,990
- Other debts -€105,040
down €105,040 (-20.4%), from €514,195 to €409,155
- Tax, wage and social debts -€5,748
down €5,748 (-38.1%), from €15,073 to €9,325
of which Taxes: -€10,762
- Gross operating margin -€69,667
down €69,667 (-12.3%), from €566,961 to €497,293
- Taxes -€15,309
down €15,309 (-23.7%), from €64,606 to €49,298
- Financial income -€10,439
down €10,439 (-86.1%), from €12,132 to €1,692
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 | €550,164 | €437,200 | -€112,964 | -20.5% |
| Fixed assets | 21/28 | €5,495 | €4,935 | -€560 | -10.2% |
| Tangible fixed assets | 22/27 | €5,495 | €4,935 | -€560 | -10.2% |
| Plant, machinery and equipment | 23 | €5,495 | €4,935 | -€560 | -10.2% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €544,669 | €432,265 | -€112,404 | -20.6% |
| Amounts receivable within one year | 40/41 | €6,402 | €15,392 | +€8,990 | +140.4% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €6,402 | €15,392 | +€8,990 | +140.4% |
| Current investments | 50/53 | €430,000 | €0 | -€430,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €93,661 | €413,946 | +€320,285 | +342.0% |
| Deferred charges and accrued income | 490/1 | €14,606 | €2,928 | -€11,679 | -80.0% |
| Total equity and liabilities | 10/49 | €550,164 | €437,200 | -€112,964 | -20.5% |
| Equity | 10/15 | €14,597 | €13,439 | -€1,158 | -7.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €8,397 | €7,239 | -€1,158 | -13.8% |
| Distributable reserves | 133 | €8,397 | €7,239 | -€1,158 | -13.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €535,567 | €423,761 | -€111,806 | -20.9% |
| Amounts payable within one year | 42/48 | €530,782 | €418,982 | -€111,801 | -21.1% |
| Trade debts | 44 | €1,514 | €501 | -€1,012 | -66.9% |
| Suppliers | 440/4 | €1,514 | €501 | -€1,012 | -66.9% |
| Taxes, remuneration and social security | 45 | €15,073 | €9,325 | -€5,748 | -38.1% |
| Taxes | 450/3 | €11,096 | €334 | -€10,762 | -97.0% |
| Remuneration and social security | 454/9 | €3,977 | €8,991 | +€5,014 | +126.1% |
| Other amounts payable | 47/48 | €514,195 | €409,155 | -€105,040 | -20.4% |
| Accrued charges and deferred income | 492/3 | €4,784 | €4,780 | -€5 | -0.1% |
| Non-recurring operating income | 76A | €7,419 | €0 | -€7,419 | -100.0% |
| Remuneration, social security and pensions | 62 | €49,482 | €52,254 | +€2,772 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €753 | €560 | -€194 | -25.7% |
| Other operating charges | 640/8 | €2,069 | €839 | -€1,230 | -59.5% |
| Gross operating margin | 9900 | €566,961 | €497,293 | -€69,667 | -12.3% |
| Operating profit (loss) | 9901 | €514,656 | €443,640 | -€71,016 | -13.8% |
| Financial income | 75/76B | €12,132 | €1,692 | -€10,439 | -86.1% |
| Recurring financial income | 75 | €12,132 | €1,692 | -€10,439 | -86.1% |
| Financial charges | 65/66B | €1,498 | €193 | -€1,305 | -87.1% |
| Recurring financial charges | 65 | €1,498 | €193 | -€1,305 | -87.1% |
| Profit (loss) for the period before taxes | 9903 | €525,290 | €445,140 | -€80,150 | -15.3% |
| Income taxes | 67/77 | €64,606 | €49,298 | -€15,309 | -23.7% |
| Profit (loss) for the period | 9904 | €460,683 | €395,842 | -€64,841 | -14.1% |
| Profit (loss) for the period to be appropriated | 9905 | €460,683 | €395,842 | -€64,841 | -14.1% |
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.