Artsodi: what changed
Artsodi
Largest movements
- Receivables within one year -€11,244
down €11,244 (-24.2%), from €46,538 to €35,294
- Stocks and contracts +€4,030
new in 2025: €4,030
- Financial fixed assets +€3,300
new in 2025: €3,300
- Cash +€1,947
up €1,947, from €0 to €1,947
mainly Receivables within one year (+€11,244) and Trade debts (+€4,763)
- Deferred charges and accrued income +€961
up €961 (+173%), from €554 to €1,515
- Trade debts +€4,763
up €4,763 (+145%), from €3,288 to €8,051
- Short-term financial debts -€4,406
down €4,406 (-100%), from €4,406 to €0
- Tax, wage and social debts -€3,529
down €3,529 (-20.7%), from €17,083 to €13,555
of which Remuneration and social security: -€5,940
- Reserves +€1,710
up €1,710 (+8.7%), from €19,700 to €21,409
- Gross operating margin +€3,346
up €3,346 (+121%), from €2,763 to €6,109
- Financial charges +€861
up €861 (+129%), from €665 to €1,525
- Taxes +€820
up €820 (+134%), from €611 to €1,431
- Other operating charges +€631
up €631 (+92.6%), from €682 to €1,314
- Depreciation +€91
up €91 (+164%), from €55 to €146
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,767 | €46,614 | -€1,153 | -2.4% |
| Fixed assets | 21/28 | €675 | €3,829 | +€3,154 | +467% |
| Tangible fixed assets | 22/27 | €675 | €529 | -€146 | -21.6% |
| Plant, machinery and equipment | 23 | €675 | €529 | -€146 | -21.6% |
| Financial fixed assets | 28 | - | €3,300 | +€3,300 | |
| Current assets | 29/58 | €47,092 | €42,785 | -€4,307 | -9.1% |
| Stocks and contracts in progress | 3 | - | €4,030 | +€4,030 | |
| Stocks | 30/36 | - | €4,030 | +€4,030 | |
| Amounts receivable within one year | 40/41 | €46,538 | €35,294 | -€11,244 | -24.2% |
| Trade receivables | 40 | €46,538 | €35,294 | -€11,244 | -24.2% |
| Cash at bank and in hand | 54/58 | €0 | €1,947 | +€1,947 | |
| Deferred charges and accrued income | 490/1 | €554 | €1,515 | +€961 | +173% |
| Total equity and liabilities | 10/49 | €47,767 | €46,614 | -€1,153 | -2.4% |
| Equity | 10/15 | €22,700 | €24,409 | +€1,710 | +7.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €19,700 | €21,409 | +€1,710 | +8.7% |
| Distributable reserves | 133 | €19,700 | €21,409 | +€1,710 | +8.7% |
| Amounts payable | 17/49 | €25,068 | €22,205 | -€2,863 | -11.4% |
| Amounts payable within one year | 42/48 | €24,777 | €21,605 | -€3,172 | -12.8% |
| Financial debts | 43 | €4,406 | €0 | -€4,406 | -100% |
| Credit institutions | 430/8 | €4,406 | €0 | -€4,406 | -100% |
| Trade debts | 44 | €3,288 | €8,051 | +€4,763 | +145% |
| Suppliers | 440/4 | €3,288 | €8,051 | +€4,763 | +145% |
| Taxes, remuneration and social security | 45 | €17,083 | €13,555 | -€3,529 | -20.7% |
| Taxes | 450/3 | €11,143 | €13,555 | +€2,411 | +21.6% |
| Remuneration and social security | 454/9 | €5,940 | €0 | -€5,940 | -100% |
| Accrued charges and deferred income | 492/3 | €291 | €600 | +€309 | +106% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55 | €146 | +€91 | +164% |
| Other operating charges | 640/8 | €682 | €1,314 | +€631 | +92.6% |
| Gross operating margin | 9900 | €2,763 | €6,109 | +€3,346 | +121% |
| Operating profit (loss) | 9901 | €2,026 | €4,649 | +€2,624 | +130% |
| Financial income | 75/76B | €0 | €16 | +€16 | |
| Recurring financial income | 75 | €0 | €16 | +€16 | |
| Financial charges | 65/66B | €665 | €1,525 | +€861 | +129% |
| Recurring financial charges | 65 | €665 | €1,525 | +€861 | +129% |
| Profit (loss) for the period before taxes | 9903 | €1,361 | €3,140 | +€1,779 | +131% |
| Income taxes | 67/77 | €611 | €1,431 | +€820 | +134% |
| Profit (loss) for the period | 9904 | €750 | €1,710 | +€959 | +128% |
| Profit (loss) for the period to be appropriated | 9905 | €750 | €1,710 | +€959 | +128% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.