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ARTUSH: 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.

What changed

ARTUSH

BE 0771.356.074
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€1,361
2023 · -€3,668+€2,307
Equity
€6,503
2023 · €7,863-€1,361
Cash
€3,706
2023 · €3,871-€165
Balance sheet total
€6,503
2023 · €7,958-€1,455

Largest movements

2023 to 2024
Assets
  • Receivables within one year -€1,290

    down €1,290 (-42.0%), from €3,074 to €1,783

  • Cash -€165

    down €165 (-4.3%), from €3,871 to €3,706

    mainly Net result for the year (-€1,361) and Trade debts (-€86)

Equity and liabilities
  • Profit (loss) carried forward -€1,361

    down €1,361 (-13.4%), from -€10,137 to -€11,497

  • Trade debts -€86

    no longer reported in 2024 (was €86)

Income statement
  • Gross operating margin +€1,745

    up €1,745 (+60.9%), from -€2,865 to -€1,120

  • Purchases and services +€1,267

    new in 2024: €1,267

  • Depreciation -€331

    no longer reported in 2024 (was €331)

  • Financial charges -€123

    down €123 (-33.8%), from €363 to €240

  • Other operating charges -€109

    no longer reported in 2024 (was €109)

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€3,668
Gross operating margin +€1,745
Depreciation +€331
Other operating charges +€109
Financial charges +€123
Result 2024 -€1,361

Cash bridge derived

cash 2023 to 2024

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.

From operations -€156
Investment €0
Financing -€9
Cash 2023 €3,871
Net result for the year -€1,361
Receivables within one year +€1,290
Trade debts -€86
Short-term financial debts -€9
Cash 2024 €3,706
Every line side by side 28 lines
Line Code 2023 2024 Change %
Total assets 20/58 €7,958 €6,503 -€1,455 -18.3%
Fixed assets 21/28 €1,013 €1,013 = 0.0%
Tangible fixed assets 22/27 €1,013 €1,013 = 0.0%
Plant, machinery and equipment 23 €1,013 €1,013 = 0.0%
Current assets 29/58 €6,945 €5,490 -€1,455 -21.0%
Amounts receivable within one year 40/41 €3,074 €1,783 -€1,290 -42.0%
Other amounts receivable 41 €3,074 €1,783 -€1,290 -42.0%
Cash at bank and in hand 54/58 €3,871 €3,706 -€165 -4.3%
Total equity and liabilities 10/49 €7,958 €6,503 -€1,455 -18.3%
Equity 10/15 €7,863 €6,503 -€1,361 -17.3%
Contributions 10/11 €18,000 €18,000 = 0.0%
Profit (loss) carried forward 14 -€10,137 -€11,497 -€1,361 -13.4%
Amounts payable 17/49 €95 - -€95
Amounts payable within one year 42/48 €95 - -€95
Financial debts 43 €9 - -€9
Credit institutions 430/8 €9 - -€9
Trade debts 44 €86 - -€86
Suppliers 440/4 €86 - -€86
Goods, raw materials, services and sundry goods 60/61 - €1,267 +€1,267
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €331 - -€331
Other operating charges 640/8 €109 - -€109
Gross operating margin 9900 -€2,865 -€1,120 +€1,745 +60.9%
Operating profit (loss) 9901 -€3,304 -€1,120 +€2,184 +66.1%
Financial charges 65/66B €363 €240 -€123 -33.8%
Recurring financial charges 65 €363 €240 -€123 -33.8%
Profit (loss) for the period before taxes 9903 -€3,668 -€1,361 +€2,307 +62.9%
Profit (loss) for the period 9904 -€3,668 -€1,361 +€2,307 +62.9%
Profit (loss) for the period to be appropriated 9905 -€3,668 -€1,361 +€2,307 +62.9%

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 30 September 2026 via checked.be.