ARTTRANS: what changed
Two fiscal 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.
ARTTRANS
Largest movements
- Cash +€141,721
up €141,721 (+1059.8%), from €13,373 to €155,095
mainly Net result for the year (+€168,398) and Accrued charges and deferred income (+€20,158)
- Tangible fixed assets +€25,874
up €25,874 (+112.6%), from €22,974 to €48,848
of which Furniture and vehicles: +€23,904
- Receivables within one year +€8,178
up €8,178 (+7.8%), from €104,764 to €112,942
of which Other amounts receivable: +€41,162
- Profit (loss) carried forward +€168,398
up €168,398, from -€37,427 to €130,972
- Trade debts -€49,908
down €49,908 (-31.6%), from €157,749 to €107,841
- Accrued charges and deferred income +€20,158
new in 2023: €20,158
- Debts after one year +€18,551
new in 2023: €18,551
- Tax, wage and social debts +€15,317
up €15,317 (+90.1%), from €17,000 to €32,317
of which Taxes: +€11,786
- Gross operating margin +€181,139
up €181,139 (+641.3%), from €28,248 to €209,386
- Depreciation +€3,926
up €3,926 (+34.2%), from €11,487 to €15,413
- Staff costs +€3,401
up €3,401 (+23.3%), from €14,592 to €17,992
- Financial income -€3,051
down €3,051 (-59.2%), from €5,151 to €2,100
- Write-downs -€2,370
down €2,370 (-76.0%), from €3,117 to €747
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €147,611 | €325,583 | +€177,972 | +120.6% |
| Fixed assets | 21/28 | €29,474 | €55,348 | +€25,874 | +87.8% |
| Tangible fixed assets | 22/27 | €22,974 | €48,848 | +€25,874 | +112.6% |
| Plant, machinery and equipment | 23 | - | €1,970 | +€1,970 | |
| Furniture and vehicles | 24 | €22,974 | €46,878 | +€23,904 | +104.0% |
| Financial fixed assets | 28 | €6,500 | €6,500 | = | 0.0% |
| Current assets | 29/58 | €118,137 | €270,235 | +€152,098 | +128.7% |
| Amounts receivable within one year | 40/41 | €104,764 | €112,942 | +€8,178 | +7.8% |
| Trade receivables | 40 | €101,386 | €68,403 | -€32,983 | -32.5% |
| Other amounts receivable | 41 | €3,377 | €44,539 | +€41,162 | +1218.8% |
| Cash at bank and in hand | 54/58 | €13,373 | €155,095 | +€141,721 | +1059.8% |
| Deferred charges and accrued income | 490/1 | - | €2,198 | +€2,198 | |
| Total equity and liabilities | 10/49 | €147,611 | €325,583 | +€177,972 | +120.6% |
| Equity | 10/15 | -€27,138 | €141,260 | +€168,398 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €289 | €289 | = | 0.0% |
| Non-distributable reserves | 130/1 | €289 | €289 | = | 0.0% |
| Other | 1319 | €289 | €289 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,427 | €130,972 | +€168,398 | |
| Amounts payable | 17/49 | €174,749 | €184,323 | +€9,574 | +5.5% |
| Amounts payable after more than one year | 17 | - | €18,551 | +€18,551 | |
| Financial debts | 170/4 | - | €18,551 | +€18,551 | |
| Amounts payable within one year | 42/48 | €174,749 | €145,614 | -€29,135 | -16.7% |
| Financial debts | 43 | - | €5,456 | +€5,456 | |
| Credit institutions | 430/8 | - | €5,456 | +€5,456 | |
| Trade debts | 44 | €157,749 | €107,841 | -€49,908 | -31.6% |
| Suppliers | 440/4 | €157,749 | €107,841 | -€49,908 | -31.6% |
| Taxes, remuneration and social security | 45 | €17,000 | €32,317 | +€15,317 | +90.1% |
| Taxes | 450/3 | €17,000 | €28,786 | +€11,786 | +69.3% |
| Remuneration and social security | 454/9 | - | €3,531 | +€3,531 | |
| Accrued charges and deferred income | 492/3 | - | €20,158 | +€20,158 | |
| Remuneration, social security and pensions | 62 | €14,592 | €17,992 | +€3,401 | +23.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,487 | €15,413 | +€3,926 | +34.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,117 | €747 | -€2,370 | -76.0% |
| Other operating charges | 640/8 | €7,107 | €4,789 | -€2,318 | -32.6% |
| Gross operating margin | 9900 | €28,248 | €209,386 | +€181,139 | +641.3% |
| Operating profit (loss) | 9901 | -€8,055 | €170,445 | +€178,500 | |
| Financial income | 75/76B | €5,151 | €2,100 | -€3,051 | -59.2% |
| Recurring financial income | 75 | €5,151 | €2,100 | -€3,051 | -59.2% |
| Financial charges | 65/66B | €257 | €2,229 | +€1,972 | +768.4% |
| Recurring financial charges | 65 | €257 | €2,229 | +€1,972 | +768.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,161 | €170,316 | +€173,477 | |
| Income taxes | 67/77 | €1,911 | €1,917 | +€6 | +0.3% |
| Profit (loss) for the period | 9904 | -€5,072 | €168,398 | +€173,470 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,072 | €168,398 | +€173,470 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.