ARTSTOF: what changed
What changed
ARTSTOF
NACE 46.412, Wholesale of household textiles and bedding
filed annual accounts (NBB)
Net result for the year
-€11,990
2024 · -€11,514-€476
Equity
€41,916
2024 · €53,905-€11,990
Cash
€7,445
2024 · €5,713+€1,732
Balance sheet total
€78,337
2024 · €86,081-€7,744
Largest movements
Assets
- Stocks and contracts -€7,378
down €7,378 (-10.3%), from €71,749 to €64,371
- Cash +€1,732
up €1,732 (+30.3%), from €5,713 to €7,445
mainly Stocks and contracts (+€7,378) and Trade debts (+€3,414)
- Tangible fixed assets -€1,461
down €1,461 (-65.1%), from €2,242 to €781
of which Furniture and vehicles: -€1,398
Equity and liabilities
- Profit (loss) carried forward -€11,990
down €11,990 (-28.4%), from -€42,161 to -€54,150
- Trade debts +€3,414
up €3,414 (+19.0%), from €17,970 to €21,384
Income statement
- Depreciation -€1,316
down €1,316 (-33.2%), from €3,963 to €2,647
- Gross operating margin -€1,285
down €1,285 (-2.3%), from €55,065 to €53,780
- Staff costs +€652
up €652 (+1.1%), from €60,749 to €61,401
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.
Result 2024
-€11,514
Gross operating margin
-€1,285
Staff costs
-€652
Depreciation
+€1,316
Other operating charges
-€36
Financial income
-€19
Financial charges
-€186
Taxes
+€387
Result 2025
-€11,990
raises the resultlowers the result
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.
From operations
+€2,611
Investment
-€879
Financing
€0
Cash 2024
€5,713
From operations (derived)
+€2,611
Net result for the year
-€11,990
Depreciation
+€2,647
Stocks and contracts
+€7,378
Receivables within one year
+€274
Deferred charges and accrued income
+€55
Trade debts
+€3,414
Tax, wage and social debts
+€831
Investment (derived)
-€879
Investment in fixed assets (net)
-€879
Cash 2025
€7,445
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €86,081 | €78,337 | -€7,744 | -9.0% |
| Fixed assets | 21/28 | €3,522 | €1,753 | -€1,769 | -50.2% |
| Intangible fixed assets | 21 | €1,028 | €720 | -€308 | -30.0% |
| Tangible fixed assets | 22/27 | €2,242 | €781 | -€1,461 | -65.1% |
| Land and buildings | 22 | €62 | €0 | -€62 | -100% |
| Furniture and vehicles | 24 | €2,180 | €781 | -€1,398 | -64.1% |
| Financial fixed assets | 28 | €252 | €252 | = | 0.0% |
| Current assets | 29/58 | €82,559 | €76,584 | -€5,975 | -7.2% |
| Stocks and contracts in progress | 3 | €71,749 | €64,371 | -€7,378 | -10.3% |
| Stocks | 30/36 | €71,749 | €64,371 | -€7,378 | -10.3% |
| Amounts receivable within one year | 40/41 | €4,738 | €4,464 | -€274 | -5.8% |
| Trade receivables | 40 | €4,690 | €4,286 | -€404 | -8.6% |
| Other amounts receivable | 41 | €48 | €178 | +€129 | +267% |
| Cash at bank and in hand | 54/58 | €5,713 | €7,445 | +€1,732 | +30.3% |
| Deferred charges and accrued income | 490/1 | €359 | €304 | -€55 | -15.3% |
| Total equity and liabilities | 10/49 | €86,081 | €78,337 | -€7,744 | -9.0% |
| Equity | 10/15 | €53,905 | €41,916 | -€11,990 | -22.2% |
| Contributions | 10/11 | €71,037 | €71,037 | = | 0.0% |
| Reserves | 13 | €25,030 | €25,030 | = | 0.0% |
| Distributable reserves | 133 | €25,030 | €25,030 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,161 | -€54,150 | -€11,990 | -28.4% |
| Amounts payable | 17/49 | €32,176 | €36,421 | +€4,246 | +13.2% |
| Amounts payable within one year | 42/48 | €32,176 | €36,421 | +€4,246 | +13.2% |
| Trade debts | 44 | €17,970 | €21,384 | +€3,414 | +19.0% |
| Suppliers | 440/4 | €17,970 | €21,384 | +€3,414 | +19.0% |
| Taxes, remuneration and social security | 45 | €14,206 | €15,037 | +€831 | +5.9% |
| Taxes | 450/3 | €4,145 | €4,321 | +€176 | +4.2% |
| Remuneration and social security | 454/9 | €10,061 | €10,716 | +€656 | +6.5% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €60,749 | €61,401 | +€652 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,963 | €2,647 | -€1,316 | -33.2% |
| Other operating charges | 640/8 | €1,212 | €1,249 | +€36 | +3.0% |
| Gross operating margin | 9900 | €55,065 | €53,780 | -€1,285 | -2.3% |
| Operating profit (loss) | 9901 | -€10,860 | -€11,517 | -€657 | -6.1% |
| Financial income | 75/76B | €86 | €68 | -€19 | -21.6% |
| Recurring financial income | 75 | €86 | €68 | -€19 | -21.6% |
| Financial charges | 65/66B | €601 | €788 | +€186 | +31.0% |
| Recurring financial charges | 65 | €601 | €788 | +€186 | +31.0% |
| Profit (loss) for the period before taxes | 9903 | -€11,375 | -€12,237 | -€862 | -7.6% |
| Income taxes | 67/77 | €140 | -€247 | -€387 | |
| Profit (loss) for the period | 9904 | -€11,514 | -€11,990 | -€476 | -4.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,514 | -€11,990 | -€476 | -4.1% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.