Artuand: 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.
Artuand
Largest movements
- Cash -€22,452
down €22,452 (-11.6%), from €194,307 to €171,855
mainly Debts after one year (-€26,831) and Net result for the year (-€7,398)
- Tangible fixed assets -€10,207
down €10,207 (-5.4%), from €188,299 to €178,092
of which Land and buildings: -€7,504
- Debts after one year -€26,831
down €26,831 (-43.1%), from €62,205 to €35,374
- Reserves -€25,000
down €25,000 (-16.8%), from €148,581 to €123,581
of which Distributable reserves: -€25,000
- Profit (loss) carried forward +€17,602
up €17,602, from -€14,848 to €2,754
- Gross operating margin +€5,422
up €5,422 (+269%), from €2,017 to €7,439
- Depreciation -€1,509
down €1,509 (-11.4%), from €13,286 to €11,777
- Financial charges -€784
down €784 (-29.6%), from €2,648 to €1,864
- Financial income -€445
down €445 (-40.5%), from €1,098 to €653
- Other operating charges -€99
down €99 (-6.4%), from €1,548 to €1,449
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 | €384,973 | €350,430 | -€34,543 | -9.0% |
| Fixed assets | 21/28 | €188,368 | €178,161 | -€10,207 | -5.4% |
| Tangible fixed assets | 22/27 | €188,299 | €178,092 | -€10,207 | -5.4% |
| Land and buildings | 22 | €184,536 | €177,033 | -€7,504 | -4.1% |
| Furniture and vehicles | 24 | €3,763 | €1,059 | -€2,704 | -71.9% |
| Financial fixed assets | 28 | €69 | €69 | = | 0.0% |
| Current assets | 29/58 | €196,605 | €172,269 | -€24,336 | -12.4% |
| Amounts receivable within one year | 40/41 | €2,298 | €414 | -€1,884 | -82.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €2,298 | €414 | -€1,884 | -82.0% |
| Cash at bank and in hand | 54/58 | €194,307 | €171,855 | -€22,452 | -11.6% |
| Total equity and liabilities | 10/49 | €384,973 | €350,430 | -€34,543 | -9.0% |
| Equity | 10/15 | €200,033 | €192,635 | -€7,398 | -3.7% |
| Contributions | 10/11 | €66,300 | €66,300 | = | 0.0% |
| Reserves | 13 | €148,581 | €123,581 | -€25,000 | -16.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €148,581 | €123,581 | -€25,000 | -16.8% |
| Profit (loss) carried forward | 14 | -€14,848 | €2,754 | +€17,602 | |
| Provisions and deferred taxes | 16 | €100,065 | €100,065 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €100,065 | €100,065 | = | 0.0% |
| Pensions and similar obligations | 160 | €100,065 | €100,065 | = | 0.0% |
| Amounts payable | 17/49 | €84,875 | €57,730 | -€27,145 | -32.0% |
| Amounts payable after more than one year | 17 | €62,205 | €35,374 | -€26,831 | -43.1% |
| Financial debts | 170/4 | €62,205 | €35,374 | -€26,831 | -43.1% |
| Amounts payable within one year | 42/48 | €22,670 | €22,356 | -€313 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €18,529 | €19,331 | +€803 | +4.3% |
| Trade debts | 44 | €2,963 | €676 | -€2,288 | -77.2% |
| Suppliers | 440/4 | €2,963 | €676 | -€2,288 | -77.2% |
| Taxes, remuneration and social security | 45 | €827 | €1,748 | +€921 | +111% |
| Taxes | 450/3 | €827 | €1,748 | +€921 | +111% |
| Other amounts payable | 47/48 | €351 | €602 | +€251 | +71.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,286 | €11,777 | -€1,509 | -11.4% |
| Other operating charges | 640/8 | €1,548 | €1,449 | -€99 | -6.4% |
| Gross operating margin | 9900 | €2,017 | €7,439 | +€5,422 | +269% |
| Operating profit (loss) | 9901 | -€12,817 | -€5,786 | +€7,031 | +54.9% |
| Financial income | 75/76B | €1,098 | €653 | -€445 | -40.5% |
| Recurring financial income | 75 | €1,098 | €653 | -€445 | -40.5% |
| Financial charges | 65/66B | €2,648 | €1,864 | -€784 | -29.6% |
| Recurring financial charges | 65 | €2,648 | €1,864 | -€784 | -29.6% |
| Profit (loss) for the period before taxes | 9903 | -€14,368 | -€6,997 | +€7,370 | +51.3% |
| Income taxes | 67/77 | €481 | €401 | -€80 | -16.6% |
| Profit (loss) for the period | 9904 | -€14,848 | -€7,398 | +€7,450 | +50.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,848 | -€7,398 | +€7,450 | +50.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.