ARTVIVRE: 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.
What changed
ARTVIVRE
NACE 62.200, Computer consultancy and computer facilities management
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€105,002
2024 · €2,197+€102,805
Equity
€331,936
2024 · €216,250+€115,686
Cash
€15,974
2024 · €28,368-€12,394
Balance sheet total
€2.2m
2024 · €1.8m+€365,690
Largest movements
Assets
- Financial fixed assets +€325,120
up €325,120 (+242%), from €134,580 to €459,700
- Receivables within one year +€63,398
up €63,398 (+126%), from €50,320 to €113,718
of which Trade receivables: +€78,853
Equity and liabilities
- Debts after one year +€178,895
up €178,895 (+11.8%), from €1.5m to €1.7m
of which Financial debts: +€144,699
- Reserves +€103,336
up €103,336 (+60.8%), from €170,050 to €273,386
- Current portion of long-term debt +€50,698
up €50,698 (+78.5%), from €64,603 to €115,301
- Tax, wage and social debts +€36,272
up €36,272 (+900%), from €4,030 to €40,301
of which Taxes: +€34,440
Income statement
- Gross operating margin +€181,074
up €181,074 (+235%), from €77,018 to €258,092
- Depreciation +€30,740
up €30,740 (+46.2%), from €66,600 to €97,340
- Staff costs +€28,907
up €28,907 (+395%), from €7,313 to €36,221
- Financial charges +€21,457
up €21,457 (+72.2%), from €29,720 to €51,177
- Other operating charges -€5,761
down €5,761 (-61.8%), from €9,324 to €3,563
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.
Result 2024
€2,197
Gross operating margin
+€181,074
Staff costs
-€28,907
Depreciation
-€30,740
Other operating charges
+€5,761
Financial income
-€968
Financial charges
-€21,457
Taxes
-€1,958
Result 2025
€105,002
raises the resultlowers the result
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.
From operations
+€179,018
Investment
-€419,912
Financing
+€228,501
Cash 2024
€28,368
From operations (derived)
+€179,018
Net result for the year
+€105,002
Depreciation
+€97,340
Stocks and contracts
+€12,150
Receivables within one year
-€63,398
Deferred charges and accrued income
-€4,264
Trade debts
-€12,960
Tax, wage and social debts
+€36,272
Other debts
+€5,000
Accrued charges and deferred income
+€3,876
Investment (derived)
-€419,912
Investment in fixed assets (net)
-€419,912
Financing
+€228,501
Debts after one year
+€178,895
Current portion of long-term debt
+€50,698
Short-term financial debts
-€11,776
Contributions, distributions and other
+€10,684
Cash 2025
€15,974
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,848,320 | €2,214,010 | +€365,690 | +19.8% |
| Fixed assets | 21/28 | €1,754,243 | €2,076,814 | +€322,572 | +18.4% |
| Intangible fixed assets | 21 | €901 | €601 | -€300 | -33.3% |
| Tangible fixed assets | 22/27 | €1,618,762 | €1,616,514 | -€2,248 | -0.1% |
| Land and buildings | 22 | €1,512,247 | €1,525,500 | +€13,253 | +0.9% |
| Plant, machinery and equipment | 23 | €36,102 | €32,503 | -€3,600 | -10.0% |
| Furniture and vehicles | 24 | €67,662 | €56,968 | -€10,693 | -15.8% |
| Other tangible fixed assets | 26 | €2,751 | €1,542 | -€1,209 | -43.9% |
| Financial fixed assets | 28 | €134,580 | €459,700 | +€325,120 | +242% |
| Current assets | 29/58 | €94,077 | €137,196 | +€43,119 | +45.8% |
| Stocks and contracts in progress | 3 | €13,500 | €1,350 | -€12,150 | -90.0% |
| Stocks | 30/36 | €13,500 | €1,350 | -€12,150 | -90.0% |
| Amounts receivable within one year | 40/41 | €50,320 | €113,718 | +€63,398 | +126% |
| Trade receivables | 40 | €18,489 | €97,342 | +€78,853 | +426% |
| Other amounts receivable | 41 | €31,830 | €16,376 | -€15,455 | -48.6% |
| Cash at bank and in hand | 54/58 | €28,368 | €15,974 | -€12,394 | -43.7% |
| Deferred charges and accrued income | 490/1 | €1,890 | €6,154 | +€4,264 | +226% |
| Total equity and liabilities | 10/49 | €1,848,320 | €2,214,010 | +€365,690 | +19.8% |
| Equity | 10/15 | €216,250 | €331,936 | +€115,686 | +53.5% |
| Contributions | 10/11 | €46,200 | €58,550 | +€12,350 | +26.7% |
| Reserves | 13 | €170,050 | €273,386 | +€103,336 | +60.8% |
| Distributable reserves | 133 | €170,050 | €273,386 | +€103,336 | +60.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,632,070 | €1,882,074 | +€250,004 | +15.3% |
| Amounts payable after more than one year | 17 | €1,516,367 | €1,695,262 | +€178,895 | +11.8% |
| Financial debts | 170/4 | €1,333,527 | €1,478,226 | +€144,699 | +10.9% |
| Other amounts payable | 178/9 | €182,840 | €217,036 | +€34,196 | +18.7% |
| Amounts payable within one year | 42/48 | €103,896 | €171,129 | +€67,234 | +64.7% |
| Current portion of amounts payable after more than one year | 42 | €64,603 | €115,301 | +€50,698 | +78.5% |
| Financial debts | 43 | €11,776 | €0 | -€11,776 | -100% |
| Credit institutions | 430/8 | €11,776 | €0 | -€11,776 | -100% |
| Trade debts | 44 | €21,821 | €8,861 | -€12,960 | -59.4% |
| Suppliers | 440/4 | €21,821 | €8,861 | -€12,960 | -59.4% |
| Taxes, remuneration and social security | 45 | €4,030 | €40,301 | +€36,272 | +900% |
| Taxes | 450/3 | €719 | €35,159 | +€34,440 | +4,791% |
| Remuneration and social security | 454/9 | €3,311 | €5,142 | +€1,832 | +55.3% |
| Other amounts payable | 47/48 | €1,666 | €6,666 | +€5,000 | +300% |
| Accrued charges and deferred income | 492/3 | €11,807 | €15,682 | +€3,876 | +32.8% |
| Remuneration, social security and pensions | 62 | €7,313 | €36,221 | +€28,907 | +395% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,600 | €97,340 | +€30,740 | +46.2% |
| Other operating charges | 640/8 | €9,324 | €3,563 | -€5,761 | -61.8% |
| Gross operating margin | 9900 | €77,018 | €258,092 | +€181,074 | +235% |
| Operating profit (loss) | 9901 | -€6,220 | €120,968 | +€127,188 | |
| Financial income | 75/76B | €38,807 | €37,839 | -€968 | -2.5% |
| Recurring financial income | 75 | €38,807 | €37,839 | -€968 | -2.5% |
| Financial charges | 65/66B | €29,720 | €51,177 | +€21,457 | +72.2% |
| Recurring financial charges | 65 | €29,720 | €51,177 | +€21,457 | +72.2% |
| Profit (loss) for the period before taxes | 9903 | €2,867 | €107,630 | +€104,763 | +3,654% |
| Income taxes | 67/77 | €670 | €2,628 | +€1,958 | +292% |
| Profit (loss) for the period | 9904 | €2,197 | €105,002 | +€102,805 | +4,679% |
| Profit (loss) for the period to be appropriated | 9905 | €2,197 | €105,002 | +€102,805 | +4,679% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.