ARTUIN GROEN: 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.
ARTUIN GROEN
Largest movements
- Cash -€34,173
down €34,173 (-63.1%), from €54,181 to €20,008
mainly Investment in fixed assets (net) (-€39,846) and Tax, wage and social debts (-€17,803)
- Tangible fixed assets +€16,206
up €16,206 (+4.5%), from €357,489 to €373,695
of which Plant, machinery and equipment: +€29,212
- Reserves +€18,789
up €18,789 (+6.5%), from €290,848 to €309,637
of which Distributable reserves: +€18,789
- Tax, wage and social debts -€17,803
down €17,803 (-70.9%), from €25,109 to €7,307
- Current portion of long-term debt -€9,168
down €9,168 (-91.7%), from €10,000 to €833
- Other debts -€7,924
down €7,924 (-8.0%), from €99,454 to €91,530
- Gross operating margin -€47,229
down €47,229 (-46.0%), from €102,695 to €55,466
- Taxes -€12,918
down €12,918 (-63.9%), from €20,225 to €7,307
- Depreciation +€3,959
up €3,959 (+20.1%), from €19,681 to €23,640
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 | €454,243 | €435,954 | -€18,289 | -4.0% |
| Fixed assets | 21/28 | €357,489 | €373,695 | +€16,206 | +4.5% |
| Tangible fixed assets | 22/27 | €357,489 | €373,695 | +€16,206 | +4.5% |
| Land and buildings | 22 | €315,200 | €307,143 | -€8,056 | -2.6% |
| Plant, machinery and equipment | 23 | €24,293 | €53,505 | +€29,212 | +120% |
| Furniture and vehicles | 24 | €17,997 | €13,047 | -€4,950 | -27.5% |
| Current assets | 29/58 | €96,753 | €62,259 | -€34,495 | -35.7% |
| Stocks and contracts in progress | 3 | €28,085 | €32,021 | +€3,936 | +14.0% |
| Stocks | 30/36 | €28,085 | €32,021 | +€3,936 | +14.0% |
| Amounts receivable within one year | 40/41 | €13,858 | €9,579 | -€4,279 | -30.9% |
| Trade receivables | 40 | €9,358 | €3,710 | -€5,648 | -60.4% |
| Other amounts receivable | 41 | €4,500 | €5,869 | +€1,369 | +30.4% |
| Cash at bank and in hand | 54/58 | €54,181 | €20,008 | -€34,173 | -63.1% |
| Deferred charges and accrued income | 490/1 | €630 | €651 | +€22 | +3.5% |
| Total equity and liabilities | 10/49 | €454,243 | €435,954 | -€18,289 | -4.0% |
| Equity | 10/15 | €297,048 | €315,837 | +€18,789 | +6.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €290,848 | €309,637 | +€18,789 | +6.5% |
| Tax-exempt reserves | 132 | €36,039 | €36,039 | = | 0.0% |
| Distributable reserves | 133 | €254,810 | €273,598 | +€18,789 | +7.4% |
| Amounts payable | 17/49 | €157,195 | €120,117 | -€37,077 | -23.6% |
| Amounts payable after more than one year | 17 | €833 | - | -€833 | |
| Financial debts | 170/4 | €833 | - | -€833 | |
| Amounts payable within one year | 42/48 | €156,362 | €120,117 | -€36,245 | -23.2% |
| Current portion of amounts payable after more than one year | 42 | €10,000 | €833 | -€9,168 | -91.7% |
| Trade debts | 44 | €21,799 | €20,448 | -€1,350 | -6.2% |
| Suppliers | 440/4 | €21,799 | €20,448 | -€1,350 | -6.2% |
| Taxes, remuneration and social security | 45 | €25,109 | €7,307 | -€17,803 | -70.9% |
| Taxes | 450/3 | €25,109 | €7,307 | -€17,803 | -70.9% |
| Other amounts payable | 47/48 | €99,454 | €91,530 | -€7,924 | -8.0% |
| Non-recurring operating income | 76A | - | €17,170 | +€17,170 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,681 | €23,640 | +€3,959 | +20.1% |
| Other operating charges | 640/8 | €3,315 | €3,470 | +€155 | +4.7% |
| Gross operating margin | 9900 | €102,695 | €55,466 | -€47,229 | -46.0% |
| Operating profit (loss) | 9901 | €79,699 | €28,356 | -€51,343 | -64.4% |
| Financial income | 75/76B | - | €328 | +€328 | |
| Recurring financial income | 75 | - | €328 | +€328 | |
| Financial charges | 65/66B | €2,715 | €2,588 | -€127 | -4.7% |
| Recurring financial charges | 65 | €2,715 | €2,588 | -€127 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €76,984 | €26,096 | -€50,888 | -66.1% |
| Income taxes | 67/77 | €20,225 | €7,307 | -€12,918 | -63.9% |
| Profit (loss) for the period | 9904 | €56,759 | €18,789 | -€37,971 | -66.9% |
| Profit (loss) for the period to be appropriated | 9905 | €56,759 | €18,789 | -€37,971 | -66.9% |
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 15 October 2026 via checked.be.