ARTY INVEST: 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.
ARTY INVEST
Largest movements
- Cash -€39,316
down €39,316 (-97.3%), from €40,426 to €1,109
mainly Receivables within one year (-€39,027) and Other debts (-€20,032)
- Receivables within one year +€39,027
up €39,027 (+955%), from €4,086 to €43,113
of which Trade receivables: +€32,087
- Tangible fixed assets -€24,232
no longer reported in 2025 (was €24,232)
of which Furniture and vehicles: -€24,158
- Financial fixed assets -€3,000
no longer reported in 2025 (was €3,000)
- Other debts -€20,032
no longer reported in 2025 (was €20,032)
- Trade debts +€13,897
up €13,897 (+513%), from €2,709 to €16,606
- Current portion of long-term debt -€13,138
no longer reported in 2025 (was €13,138)
- Debts after one year -€11,351
no longer reported in 2025 (was €11,351)
- Profit (loss) carried forward +€5,843
up €5,843 (+45.9%), from €12,729 to €18,572
- Depreciation -€13,802
down €13,802 (-99.5%), from €13,876 to €74
- Gross operating margin -€8,713
down €8,713 (-38.5%), from €22,659 to €13,946
- Financial charges -€657
down €657 (-46.6%), from €1,411 to €754
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 | €71,744 | €44,222 | -€27,522 | -38.4% |
| Fixed assets | 21/28 | €27,232 | - | -€27,232 | |
| Tangible fixed assets | 22/27 | €24,232 | - | -€24,232 | |
| Plant, machinery and equipment | 23 | €74 | - | -€74 | |
| Furniture and vehicles | 24 | €24,158 | - | -€24,158 | |
| Financial fixed assets | 28 | €3,000 | - | -€3,000 | |
| Current assets | 29/58 | €44,512 | €44,222 | -€290 | -0.7% |
| Amounts receivable within one year | 40/41 | €4,086 | €43,113 | +€39,027 | +955% |
| Trade receivables | 40 | €615 | €32,702 | +€32,087 | +5,218% |
| Other amounts receivable | 41 | €3,471 | €10,411 | +€6,939 | +200% |
| Cash at bank and in hand | 54/58 | €40,426 | €1,109 | -€39,316 | -97.3% |
| Total equity and liabilities | 10/49 | €71,744 | €44,222 | -€27,522 | -38.4% |
| Equity | 10/15 | €18,929 | €24,772 | +€5,843 | +30.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,729 | €18,572 | +€5,843 | +45.9% |
| Amounts payable | 17/49 | €52,814 | €19,450 | -€33,364 | -63.2% |
| Amounts payable after more than one year | 17 | €11,351 | - | -€11,351 | |
| Financial debts | 170/4 | €11,351 | - | -€11,351 | |
| Amounts payable within one year | 42/48 | €41,463 | €19,450 | -€22,013 | -53.1% |
| Current portion of amounts payable after more than one year | 42 | €13,138 | - | -€13,138 | |
| Trade debts | 44 | €2,709 | €16,606 | +€13,897 | +513% |
| Suppliers | 440/4 | €2,709 | €16,606 | +€13,897 | +513% |
| Taxes, remuneration and social security | 45 | €5,585 | €2,844 | -€2,740 | -49.1% |
| Taxes | 450/3 | €5,585 | €2,844 | -€2,740 | -49.1% |
| Other amounts payable | 47/48 | €20,032 | - | -€20,032 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,876 | €74 | -€13,802 | -99.5% |
| Other operating charges | 640/8 | €530 | €333 | -€197 | -37.1% |
| Non-recurring operating charges | 66A | - | €4,158 | +€4,158 | |
| Gross operating margin | 9900 | €22,659 | €13,946 | -€8,713 | -38.5% |
| Operating profit (loss) | 9901 | €8,254 | €9,381 | +€1,128 | +13.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,411 | €754 | -€657 | -46.6% |
| Recurring financial charges | 65 | €1,411 | €754 | -€657 | -46.6% |
| Profit (loss) for the period before taxes | 9903 | €6,843 | €8,628 | +€1,785 | +26.1% |
| Income taxes | 67/77 | €2,672 | €2,785 | +€113 | +4.2% |
| Profit (loss) for the period | 9904 | €4,171 | €5,843 | +€1,672 | +40.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,171 | €5,843 | +€1,672 | +40.1% |
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 25 October 2026 via checked.be.