ARTURO: 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.
ARTURO
Largest movements
- Tangible fixed assets -€8,152
down €8,152 (-4.9%), from €166,080 to €157,928
- Cash +€2,350
up €2,350 (+26.9%), from €8,739 to €11,088
mainly Other debts (+€10,000) and Depreciation (+€8,152)
- Other debts +€10,000
up €10,000 (+116.3%), from €8,600 to €18,600
- Profit (loss) carried forward -€8,081
down €8,081 (-132.8%), from -€6,085 to -€14,166
- Debts after one year -€7,511
down €7,511 (-5.2%), from €143,685 to €136,174
- Gross operating margin -€3,568
down €3,568 (-38.6%), from €9,251 to €5,683
- Other operating charges -€1,122
down €1,122 (-32.6%), from €3,440 to €2,318
- Financial charges -€158
down €158 (-4.6%), from €3,451 to €3,293
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.
Cash bridge derived
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 | €174,819 | €169,017 | -€5,802 | -3.3% |
| Fixed assets | 21/28 | €166,080 | €157,928 | -€8,152 | -4.9% |
| Tangible fixed assets | 22/27 | €166,080 | €157,928 | -€8,152 | -4.9% |
| Land and buildings | 22 | €166,080 | €157,928 | -€8,152 | -4.9% |
| Current assets | 29/58 | €8,739 | €11,088 | +€2,350 | +26.9% |
| Cash at bank and in hand | 54/58 | €8,739 | €11,088 | +€2,350 | +26.9% |
| Total equity and liabilities | 10/49 | €174,819 | €169,017 | -€5,802 | -3.3% |
| Equity | 10/15 | €13,915 | €5,834 | -€8,081 | -58.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,085 | -€14,166 | -€8,081 | -132.8% |
| Amounts payable | 17/49 | €160,904 | €163,183 | +€2,279 | +1.4% |
| Amounts payable after more than one year | 17 | €143,685 | €136,174 | -€7,511 | -5.2% |
| Financial debts | 170/4 | €143,685 | €136,174 | -€7,511 | -5.2% |
| Amounts payable within one year | 42/48 | €17,219 | €27,009 | +€9,790 | +56.9% |
| Current portion of amounts payable after more than one year | 42 | €7,962 | €8,130 | +€167 | +2.1% |
| Trade debts | 44 | €657 | €279 | -€378 | -57.5% |
| Suppliers | 440/4 | €657 | €279 | -€378 | -57.5% |
| Other amounts payable | 47/48 | €8,600 | €18,600 | +€10,000 | +116.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,152 | €8,152 | +€0 | 0.0% |
| Other operating charges | 640/8 | €3,440 | €2,318 | -€1,122 | -32.6% |
| Gross operating margin | 9900 | €9,251 | €5,683 | -€3,568 | -38.6% |
| Operating profit (loss) | 9901 | -€2,341 | -€4,788 | -€2,447 | -104.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,451 | €3,293 | -€158 | -4.6% |
| Recurring financial charges | 65 | €3,451 | €3,293 | -€158 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | -€5,792 | -€8,081 | -€2,289 | -39.5% |
| Profit (loss) for the period | 9904 | -€5,792 | -€8,081 | -€2,289 | -39.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,792 | -€8,081 | -€2,289 | -39.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.