ArtyCo: 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.
ArtyCo
Largest movements
- Cash -€19,810
down €19,810 (-13.7%), from €144,167 to €124,357
mainly Contributions, distributions and other (-€187,740) and Debts after one year (-€10,607)
- Tangible fixed assets -€9,491
down €9,491 (-9.1%), from €104,800 to €95,309
of which Land and buildings: -€7,827
- Deferred charges and accrued income -€4,765
down €4,765 (-56.4%), from €8,445 to €3,680
- Profit (loss) carried forward -€149,086
down €149,086 (-100.0%), from €149,086 to €0
- Other debts +€122,903
up €122,903 (+251.7%), from €48,831 to €171,734
- Debts after one year -€10,607
down €10,607 (-31.9%), from €33,282 to €22,675
- Gross operating margin +€5,962
up €5,962 (+10.6%), from €56,381 to €62,343
- Taxes +€1,057
up €1,057 (+10.4%), from €10,176 to €11,233
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 | €277,586 | €242,457 | -€35,129 | -12.7% |
| Fixed assets | 21/28 | €104,800 | €95,309 | -€9,491 | -9.1% |
| Tangible fixed assets | 22/27 | €104,800 | €95,309 | -€9,491 | -9.1% |
| Land and buildings | 22 | €100,468 | €92,641 | -€7,827 | -7.8% |
| Furniture and vehicles | 24 | €4,332 | €2,668 | -€1,664 | -38.4% |
| Current assets | 29/58 | €172,786 | €147,148 | -€25,638 | -14.8% |
| Amounts receivable within one year | 40/41 | €20,174 | €19,111 | -€1,063 | -5.3% |
| Trade receivables | 40 | €17,187 | €18,344 | +€1,158 | +6.7% |
| Other amounts receivable | 41 | €2,987 | €767 | -€2,220 | -74.3% |
| Cash at bank and in hand | 54/58 | €144,167 | €124,357 | -€19,810 | -13.7% |
| Deferred charges and accrued income | 490/1 | €8,445 | €3,680 | -€4,765 | -56.4% |
| Total equity and liabilities | 10/49 | €277,586 | €242,457 | -€35,129 | -12.7% |
| Equity | 10/15 | €169,813 | €20,727 | -€149,086 | -87.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,127 | €2,127 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,127 | €2,127 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,127 | €2,127 | = | 0.0% |
| Profit (loss) carried forward | 14 | €149,086 | €0 | -€149,086 | -100.0% |
| Amounts payable | 17/49 | €107,773 | €221,730 | +€113,957 | +105.7% |
| Amounts payable after more than one year | 17 | €33,282 | €22,675 | -€10,607 | -31.9% |
| Financial debts | 170/4 | €33,282 | €22,675 | -€10,607 | -31.9% |
| Amounts payable within one year | 42/48 | €74,491 | €199,055 | +€124,564 | +167.2% |
| Current portion of amounts payable after more than one year | 42 | €10,432 | €10,607 | +€175 | +1.7% |
| Financial debts | 43 | €1,536 | €285 | -€1,251 | -81.5% |
| Credit institutions | 430/8 | €1,536 | €285 | -€1,251 | -81.5% |
| Trade debts | 44 | €808 | €937 | +€128 | +15.9% |
| Suppliers | 440/4 | €808 | €937 | +€128 | +15.9% |
| Taxes, remuneration and social security | 45 | €12,884 | €15,492 | +€2,608 | +20.2% |
| Taxes | 450/3 | €12,884 | €15,492 | +€2,608 | +20.2% |
| Other amounts payable | 47/48 | €48,831 | €171,734 | +€122,903 | +251.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,522 | €9,491 | -€31 | -0.3% |
| Other operating charges | 640/8 | €1,884 | €1,942 | +€58 | +3.1% |
| Gross operating margin | 9900 | €56,381 | €62,343 | +€5,962 | +10.6% |
| Operating profit (loss) | 9901 | €44,975 | €50,910 | +€5,935 | +13.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,094 | €1,023 | -€71 | -6.5% |
| Recurring financial charges | 65 | €1,094 | €1,023 | -€71 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €43,881 | €49,887 | +€6,006 | +13.7% |
| Income taxes | 67/77 | €10,176 | €11,233 | +€1,057 | +10.4% |
| Profit (loss) for the period | 9904 | €33,705 | €38,654 | +€4,949 | +14.7% |
| Profit (loss) for the period to be appropriated | 9905 | €33,705 | €38,654 | +€4,949 | +14.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.