B & O Artsen: 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.
B & O Artsen
Largest movements
- Cash +€109,682
up €109,682 (+160%), from €68,555 to €178,237
mainly Net result for the year (+€133,667) and Depreciation (+€13,827)
- Deferred charges and accrued income +€9,601
up €9,601 (+16.0%), from €60,120 to €69,721
- Tangible fixed assets -€9,204
down €9,204 (-15.4%), from €59,884 to €50,680
of which Furniture and vehicles: -€9,245
- Profit (loss) carried forward +€103,667
up €103,667 (+67.6%), from €153,467 to €257,134
- Tax, wage and social debts +€11,710
up €11,710 (+333%), from €3,514 to €15,224
- Debts after one year -€7,037
down €7,037 (-37.4%), from €18,833 to €11,796
- Gross operating margin +€54,045
up €54,045 (+39.9%), from €135,456 to €189,500
- Taxes +€14,021
up €14,021 (+53.5%), from €26,204 to €40,224
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 | €190,160 | €298,667 | +€108,507 | +57.1% |
| Fixed assets | 21/28 | €59,884 | €50,680 | -€9,204 | -15.4% |
| Tangible fixed assets | 22/27 | €59,884 | €50,680 | -€9,204 | -15.4% |
| Plant, machinery and equipment | 23 | €776 | €691 | -€85 | -10.9% |
| Furniture and vehicles | 24 | €44,892 | €35,646 | -€9,245 | -20.6% |
| Other tangible fixed assets | 26 | €14,216 | €14,342 | +€126 | +0.9% |
| Current assets | 29/58 | €130,276 | €247,988 | +€117,711 | +90.4% |
| Amounts receivable within one year | 40/41 | €1,602 | €30 | -€1,572 | -98.1% |
| Other amounts receivable | 41 | €1,602 | €30 | -€1,572 | -98.1% |
| Cash at bank and in hand | 54/58 | €68,555 | €178,237 | +€109,682 | +160% |
| Deferred charges and accrued income | 490/1 | €60,120 | €69,721 | +€9,601 | +16.0% |
| Total equity and liabilities | 10/49 | €190,160 | €298,667 | +€108,507 | +57.1% |
| Equity | 10/15 | €159,467 | €263,134 | +€103,667 | +65.0% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €153,467 | €257,134 | +€103,667 | +67.6% |
| Amounts payable | 17/49 | €30,693 | €35,533 | +€4,840 | +15.8% |
| Amounts payable after more than one year | 17 | €18,833 | €11,796 | -€7,037 | -37.4% |
| Financial debts | 170/4 | €18,833 | €11,796 | -€7,037 | -37.4% |
| Amounts payable within one year | 42/48 | €11,524 | €23,401 | +€11,877 | +103% |
| Current portion of amounts payable after more than one year | 42 | €6,734 | €7,037 | +€303 | +4.5% |
| Trade debts | 44 | €1,276 | €1,140 | -€136 | -10.7% |
| Suppliers | 440/4 | €1,276 | €1,140 | -€136 | -10.7% |
| Taxes, remuneration and social security | 45 | €3,514 | €15,224 | +€11,710 | +333% |
| Taxes | 450/3 | €3,514 | €15,224 | +€11,710 | +333% |
| Accrued charges and deferred income | 492/3 | €336 | €336 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,390 | €13,827 | +€1,436 | +11.6% |
| Other operating charges | 640/8 | €1,596 | €706 | -€890 | -55.8% |
| Gross operating margin | 9900 | €135,456 | €189,500 | +€54,045 | +39.9% |
| Operating profit (loss) | 9901 | €121,470 | €174,968 | +€53,498 | +44.0% |
| Financial income | 75/76B | €30 | €1 | -€30 | -98.3% |
| Recurring financial income | 75 | €30 | €1 | -€30 | -98.3% |
| Financial charges | 65/66B | €1,369 | €1,077 | -€292 | -21.4% |
| Recurring financial charges | 65 | €1,369 | €1,077 | -€292 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | €120,131 | €173,892 | +€53,761 | +44.8% |
| Income taxes | 67/77 | €26,204 | €40,224 | +€14,021 | +53.5% |
| Profit (loss) for the period | 9904 | €93,927 | €133,667 | +€39,740 | +42.3% |
| Profit (loss) for the period to be appropriated | 9905 | €93,927 | €133,667 | +€39,740 | +42.3% |
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 28 October 2026 via checked.be.