ARTTS: 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.
ARTTS
Largest movements
- Cash -€15,218
down €15,218 (-73.8%), from €20,614 to €5,396
mainly Net result for the year (-€28,111) and Receivables within one year (-€1,060)
- Receivables within one year +€1,060
up €1,060 (+10.8%), from €9,790 to €10,851
of which Other amounts receivable: +€1,060
- Profit (loss) carried forward -€28,111
down €28,111 (-32.6%), from -€86,285 to -€114,395
- Other debts +€15,000
new in 2024: €15,000
- Trade debts -€700
down €700 (-11.3%), from €6,206 to €5,506
- Tax, wage and social debts -€347
down €347 (-71.9%), from €483 to €136
- Gross operating margin +€17,426
up €17,426 (+41.2%), from -€42,261 to -€24,835
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,404 | €16,246 | -€14,158 | -46.6% |
| Current assets | 29/58 | €30,404 | €16,246 | -€14,158 | -46.6% |
| Amounts receivable within one year | 40/41 | €9,790 | €10,851 | +€1,060 | +10.8% |
| Trade receivables | 40 | €6,589 | €6,589 | = | 0.0% |
| Other amounts receivable | 41 | €3,201 | €4,262 | +€1,060 | +33.1% |
| Cash at bank and in hand | 54/58 | €20,614 | €5,396 | -€15,218 | -73.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €30,404 | €16,246 | -€14,158 | -46.6% |
| Equity | 10/15 | -€76,285 | -€104,395 | -€28,111 | -36.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€86,285 | -€114,395 | -€28,111 | -32.6% |
| Amounts payable | 17/49 | €106,689 | €120,642 | +€13,953 | +13.1% |
| Amounts payable after more than one year | 17 | €100,000 | €100,000 | = | 0.0% |
| Financial debts | 170/4 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €6,689 | €20,642 | +€13,953 | +208.6% |
| Trade debts | 44 | €6,206 | €5,506 | -€700 | -11.3% |
| Suppliers | 440/4 | €6,206 | €5,506 | -€700 | -11.3% |
| Taxes, remuneration and social security | 45 | €483 | €136 | -€347 | -71.9% |
| Taxes | 450/3 | €483 | €136 | -€347 | -71.9% |
| Other amounts payable | 47/48 | - | €15,000 | +€15,000 | |
| Other operating charges | 640/8 | €422 | €0 | -€422 | -100.0% |
| Non-recurring operating charges | 66A | €3,630 | €0 | -€3,630 | -100.0% |
| Gross operating margin | 9900 | -€42,261 | -€24,835 | +€17,426 | +41.2% |
| Operating profit (loss) | 9901 | -€46,313 | -€24,835 | +€21,478 | +46.4% |
| Financial income | 75/76B | €284 | €216 | -€67 | -23.8% |
| Recurring financial income | 75 | €284 | €216 | -€67 | -23.8% |
| Financial charges | 65/66B | €3,366 | €3,492 | +€126 | +3.7% |
| Recurring financial charges | 65 | €3,366 | €3,492 | +€126 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | -€49,395 | -€28,111 | +€21,285 | +43.1% |
| Profit (loss) for the period | 9904 | -€49,395 | -€28,111 | +€21,285 | +43.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€49,395 | -€28,111 | +€21,285 | +43.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.