ARTSS: 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.
ARTSS
Largest movements
- Stocks and contracts +€21,092
up €21,092 (+5.0%), from €420,925 to €442,017
- Cash -€9,753
down €9,753 (-65.3%), from €14,932 to €5,179
mainly Stocks and contracts (-€21,092) and Debts after one year (-€15,606)
- Debts after one year -€15,606
down €15,606 (-41.0%), from €38,088 to €22,482
- Accrued charges and deferred income -€11,138
down €11,138 (-68.6%), from €16,243 to €5,105
- Trade debts +€10,575
up €10,575 (+26.8%), from €39,413 to €49,989
- Tax, wage and social debts +€8,478
up €8,478 (+1,354%), from €626 to €9,104
- Advances received +€7,966
up €7,966 (+8.6%), from €92,525 to €100,491
- Taxes -€12,496
down €12,496 (-95.2%), from €13,131 to €635
- Gross operating margin -€4,336
down €4,336 (-16.9%), from €25,668 to €21,332
- Financial charges -€1,419
down €1,419 (-33.0%), from €4,302 to €2,884
- Other operating charges -€806
down €806 (-17.1%), from €4,722 to €3,916
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 | €613,289 | €620,663 | +€7,374 | +1.2% |
| Fixed assets | 21/28 | €116,589 | €111,007 | -€5,583 | -4.8% |
| Tangible fixed assets | 22/27 | €116,464 | €110,882 | -€5,583 | -4.8% |
| Furniture and vehicles | 24 | €56,929 | €52,285 | -€4,644 | -8.2% |
| Assets under construction and advance payments | 27 | €59,535 | €58,597 | -€938 | -1.6% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €496,699 | €509,656 | +€12,957 | +2.6% |
| Stocks and contracts in progress | 3 | €420,925 | €442,017 | +€21,092 | +5.0% |
| Stocks | 30/36 | €420,925 | €442,017 | +€21,092 | +5.0% |
| Amounts receivable within one year | 40/41 | €55,643 | €61,450 | +€5,806 | +10.4% |
| Trade receivables | 40 | €54,203 | €59,671 | +€5,468 | +10.1% |
| Other amounts receivable | 41 | €1,440 | €1,779 | +€338 | +23.5% |
| Cash at bank and in hand | 54/58 | €14,932 | €5,179 | -€9,753 | -65.3% |
| Deferred charges and accrued income | 490/1 | €5,199 | €1,010 | -€4,189 | -80.6% |
| Total equity and liabilities | 10/49 | €613,289 | €620,663 | +€7,374 | +1.2% |
| Equity | 10/15 | €31,596 | €36,022 | +€4,426 | +14.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,136 | €15,562 | +€4,426 | +39.7% |
| Amounts payable | 17/49 | €581,693 | €584,641 | +€2,948 | +0.5% |
| Amounts payable after more than one year | 17 | €38,088 | €22,482 | -€15,606 | -41.0% |
| Financial debts | 170/4 | €38,088 | €22,482 | -€15,606 | -41.0% |
| Amounts payable within one year | 42/48 | €527,362 | €557,055 | +€29,693 | +5.6% |
| Current portion of amounts payable after more than one year | 42 | €11,498 | €13,267 | +€1,769 | +15.4% |
| Trade debts | 44 | €39,413 | €49,989 | +€10,575 | +26.8% |
| Suppliers | 440/4 | €39,413 | €49,989 | +€10,575 | +26.8% |
| Advances received on contracts in progress | 46 | €92,525 | €100,491 | +€7,966 | +8.6% |
| Taxes, remuneration and social security | 45 | €626 | €9,104 | +€8,478 | +1,354% |
| Taxes | 450/3 | €626 | €9,104 | +€8,478 | +1,354% |
| Other amounts payable | 47/48 | €383,299 | €384,204 | +€905 | +0.2% |
| Accrued charges and deferred income | 492/3 | €16,243 | €5,105 | -€11,138 | -68.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,472 | €9,472 | = | 0.0% |
| Other operating charges | 640/8 | €4,722 | €3,916 | -€806 | -17.1% |
| Gross operating margin | 9900 | €25,668 | €21,332 | -€4,336 | -16.9% |
| Operating profit (loss) | 9901 | €11,475 | €7,945 | -€3,530 | -30.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €4,302 | €2,884 | -€1,419 | -33.0% |
| Recurring financial charges | 65 | €4,302 | €2,884 | -€1,419 | -33.0% |
| Profit (loss) for the period before taxes | 9903 | €7,173 | €5,061 | -€2,112 | -29.4% |
| Income taxes | 67/77 | €13,131 | €635 | -€12,496 | -95.2% |
| Profit (loss) for the period | 9904 | -€5,958 | €4,426 | +€10,385 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,958 | €4,426 | +€10,385 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.