ARTYS: 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.
ARTYS
Largest movements
- Receivables within one year -€6,756
down €6,756 (-40.4%), from €16,743 to €9,987
of which Trade receivables: -€6,050
- Cash -€3,485
down €3,485 (-74.1%), from €4,704 to €1,220
mainly Net result for the year (-€8,580) and Investment in fixed assets (net) (-€2,969)
- Stocks and contracts +€1,000
new in 2025: €1,000
- Reserves -€8,580
down €8,580 (-27.5%), from €31,241 to €22,661
of which Distributable reserves: -€8,580
- Tax, wage and social debts -€1,661
no longer reported in 2025 (was €1,661)
- Trade debts +€717
up €717 (+53.6%), from €1,337 to €2,054
- Gross operating margin +€1,964
up €1,964 (+26.1%), from -€7,532 to -€5,569
- Taxes -€1,337
no longer reported in 2025 (was €1,337)
- Financial income -€1,337
down €1,337 (-70.9%), from €1,887 to €550
- Financial charges -€328
down €328 (-63.4%), from €518 to €190
- Depreciation +€231
up €231 (+7.7%), from €3,020 to €3,252
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 | €39,239 | €29,716 | -€9,524 | -24.3% |
| Fixed assets | 21/28 | €17,792 | €17,509 | -€283 | -1.6% |
| Tangible fixed assets | 22/27 | €17,792 | €17,509 | -€283 | -1.6% |
| Land and buildings | 22 | €14,311 | €15,432 | +€1,121 | +7.8% |
| Plant, machinery and equipment | 23 | €3,036 | €1,966 | -€1,070 | -35.2% |
| Furniture and vehicles | 24 | €444 | €111 | -€333 | -75.0% |
| Current assets | 29/58 | €21,448 | €12,206 | -€9,241 | -43.1% |
| Stocks and contracts in progress | 3 | - | €1,000 | +€1,000 | |
| Contracts in progress | 37 | - | €1,000 | +€1,000 | |
| Amounts receivable within one year | 40/41 | €16,743 | €9,987 | -€6,756 | -40.4% |
| Trade receivables | 40 | €6,050 | - | -€6,050 | |
| Other amounts receivable | 41 | €10,693 | €9,987 | -€706 | -6.6% |
| Cash at bank and in hand | 54/58 | €4,704 | €1,220 | -€3,485 | -74.1% |
| Total equity and liabilities | 10/49 | €39,239 | €29,716 | -€9,524 | -24.3% |
| Equity | 10/15 | €36,241 | €27,661 | -€8,580 | -23.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €31,241 | €22,661 | -€8,580 | -27.5% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Distributable reserves | 133 | €30,741 | €22,161 | -€8,580 | -27.9% |
| Amounts payable | 17/49 | €2,998 | €2,054 | -€944 | -31.5% |
| Amounts payable within one year | 42/48 | €2,998 | €2,054 | -€944 | -31.5% |
| Trade debts | 44 | €1,337 | €2,054 | +€717 | +53.6% |
| Suppliers | 440/4 | €1,337 | €2,054 | +€717 | +53.6% |
| Taxes, remuneration and social security | 45 | €1,661 | - | -€1,661 | |
| Taxes | 450/3 | €1,661 | - | -€1,661 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,020 | €3,252 | +€231 | +7.7% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | -€7,532 | -€5,569 | +€1,964 | +26.1% |
| Operating profit (loss) | 9901 | -€10,671 | -€8,940 | +€1,730 | +16.2% |
| Financial income | 75/76B | €1,887 | €550 | -€1,337 | -70.9% |
| Recurring financial income | 75 | €1,887 | €550 | -€1,337 | -70.9% |
| Financial charges | 65/66B | €518 | €190 | -€328 | -63.4% |
| Recurring financial charges | 65 | €518 | €190 | -€328 | -63.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,301 | -€8,580 | +€721 | +7.8% |
| Income taxes | 67/77 | €1,337 | - | -€1,337 | |
| Profit (loss) for the period | 9904 | -€10,639 | -€8,580 | +€2,059 | +19.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,639 | -€8,580 | +€2,059 | +19.4% |
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 4 October 2026 via checked.be.