ARTYL: 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.
ARTYL
Largest movements
- Current investments -€105,393
down €105,393 (-95.5%), from €110,350 to €4,957
- Receivables within one year -€17,227
down €17,227 (-99.9%), from €17,244 to €17
- Cash +€3,187
up €3,187 (+29.3%), from €10,892 to €14,079
mainly Current investments (+€105,393) and Receivables within one year (+€17,227)
- Tangible fixed assets -€1,681
down €1,681 (-23.1%), from €7,291 to €5,611
of which Land and buildings: -€985
- Reserves -€117,460
down €117,460 (-95.8%), from €122,633 to €5,174
of which Distributable reserves: -€117,460
- Tax, wage and social debts -€4,479
down €4,479 (-100.0%), from €4,479 to €0
- Gross operating margin -€32,084
down €32,084, from €30,854 to -€1,230
- Taxes -€4,681
down €4,681 (-100.0%), from €4,681 to €0
- Financial income +€322
up €322 (+47.9%), from €673 to €996
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 | €145,777 | €24,664 | -€121,113 | -83.1% |
| Fixed assets | 21/28 | €7,291 | €5,611 | -€1,681 | -23.1% |
| Tangible fixed assets | 22/27 | €7,291 | €5,611 | -€1,681 | -23.1% |
| Land and buildings | 22 | €6,169 | €5,184 | -€985 | -16.0% |
| Plant, machinery and equipment | 23 | €725 | €318 | -€406 | -56.1% |
| Furniture and vehicles | 24 | €398 | €109 | -€289 | -72.7% |
| Current assets | 29/58 | €138,486 | €19,053 | -€119,433 | -86.2% |
| Amounts receivable within one year | 40/41 | €17,244 | €17 | -€17,227 | -99.9% |
| Other amounts receivable | 41 | €17,244 | €17 | -€17,227 | -99.9% |
| Current investments | 50/53 | €110,350 | €4,957 | -€105,393 | -95.5% |
| Cash at bank and in hand | 54/58 | €10,892 | €14,079 | +€3,187 | +29.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €145,777 | €24,664 | -€121,113 | -83.1% |
| Equity | 10/15 | €141,233 | €23,774 | -€117,460 | -83.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €122,633 | €5,174 | -€117,460 | -95.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €120,773 | €3,314 | -€117,460 | -97.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €4,544 | €890 | -€3,654 | -80.4% |
| Amounts payable within one year | 42/48 | €4,544 | €890 | -€3,654 | -80.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €65 | €85 | +€21 | +32.2% |
| Suppliers | 440/4 | €65 | €85 | +€21 | +32.2% |
| Taxes, remuneration and social security | 45 | €4,479 | €0 | -€4,479 | -100.0% |
| Taxes | 450/3 | €4,479 | €0 | -€4,479 | -100.0% |
| Other amounts payable | 47/48 | - | €805 | +€805 | |
| Non-recurring operating income | 76A | €33,433 | €0 | -€33,433 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,746 | €1,681 | -€65 | -3.7% |
| Other operating charges | 640/8 | €540 | €507 | -€33 | -6.1% |
| Gross operating margin | 9900 | €30,854 | -€1,230 | -€32,084 | |
| Operating profit (loss) | 9901 | €28,568 | -€3,418 | -€31,986 | |
| Financial income | 75/76B | €673 | €996 | +€322 | +47.9% |
| Recurring financial income | 75 | €673 | €996 | +€322 | +47.9% |
| Financial charges | 65/66B | €65 | €37 | -€27 | -42.1% |
| Recurring financial charges | 65 | €65 | €37 | -€27 | -42.1% |
| Profit (loss) for the period before taxes | 9903 | €29,177 | -€2,460 | -€31,636 | |
| Income taxes | 67/77 | €4,681 | €0 | -€4,681 | -100.0% |
| Profit (loss) for the period | 9904 | €24,495 | -€2,460 | -€26,955 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,495 | -€2,460 | -€26,955 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.