d'Arti: 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.
d'Arti
Largest movements
- Tangible fixed assets +€21,850
up €21,850 (+17.8%), from €122,500 to €144,350
of which Plant, machinery and equipment: +€14,929
- Cash +€11,126
up €11,126 (+155.1%), from €7,175 to €18,301
mainly Debts after one year (+€45,486) and Depreciation (+€15,668)
- Receivables within one year +€10,880
up €10,880 (+174.6%), from €6,231 to €17,110
of which Trade receivables: +€11,198
- Debts after one year +€45,486
new in 2025: €45,486
- Other debts -€7,462
down €7,462 (-6.1%), from €123,227 to €115,764
- Current portion of long-term debt +€4,044
new in 2025: €4,044
- Profit (loss) carried forward +€2,837
up €2,837 (+968.9%), from €293 to €3,130
- Trade debts -€2,276
down €2,276 (-18.3%), from €12,406 to €10,130
- Depreciation -€1,832
down €1,832 (-10.5%), from €17,500 to €15,668
- Gross operating margin +€1,186
up €1,186 (+6.0%), from €19,708 to €20,894
- Financial charges +€703
up €703 (+856.2%), from €82 to €785
- Other operating charges -€393
down €393 (-28.2%), from €1,395 to €1,002
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 | €138,525 | €181,711 | +€43,186 | +31.2% |
| Fixed assets | 21/28 | €122,500 | €144,350 | +€21,850 | +17.8% |
| Tangible fixed assets | 22/27 | €122,500 | €144,350 | +€21,850 | +17.8% |
| Plant, machinery and equipment | 23 | €122,500 | €137,429 | +€14,929 | +12.2% |
| Furniture and vehicles | 24 | - | €6,921 | +€6,921 | |
| Current assets | 29/58 | €16,025 | €37,361 | +€21,336 | +133.1% |
| Stocks and contracts in progress | 3 | €1,569 | €1,695 | +€126 | +8.0% |
| Stocks | 30/36 | €1,569 | €1,695 | +€126 | +8.0% |
| Amounts receivable within one year | 40/41 | €6,231 | €17,110 | +€10,880 | +174.6% |
| Trade receivables | 40 | €4,268 | €15,466 | +€11,198 | +262.4% |
| Other amounts receivable | 41 | €1,963 | €1,645 | -€319 | -16.2% |
| Cash at bank and in hand | 54/58 | €7,175 | €18,301 | +€11,126 | +155.1% |
| Deferred charges and accrued income | 490/1 | €1,050 | €254 | -€796 | -75.8% |
| Total equity and liabilities | 10/49 | €138,525 | €181,711 | +€43,186 | +31.2% |
| Equity | 10/15 | €2,293 | €5,130 | +€2,837 | +123.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €293 | €3,130 | +€2,837 | +968.9% |
| Amounts payable | 17/49 | €136,232 | €176,581 | +€40,349 | +29.6% |
| Amounts payable after more than one year | 17 | - | €45,486 | +€45,486 | |
| Financial debts | 170/4 | - | €45,486 | +€45,486 | |
| Amounts payable within one year | 42/48 | €136,232 | €131,095 | -€5,137 | -3.8% |
| Current portion of amounts payable after more than one year | 42 | - | €4,044 | +€4,044 | |
| Trade debts | 44 | €12,406 | €10,130 | -€2,276 | -18.3% |
| Suppliers | 440/4 | €12,406 | €10,130 | -€2,276 | -18.3% |
| Taxes, remuneration and social security | 45 | €599 | €1,156 | +€557 | +93.0% |
| Taxes | 450/3 | €599 | €1,156 | +€557 | +93.0% |
| Other amounts payable | 47/48 | €123,227 | €115,764 | -€7,462 | -6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,500 | €15,668 | -€1,832 | -10.5% |
| Other operating charges | 640/8 | €1,395 | €1,002 | -€393 | -28.2% |
| Gross operating margin | 9900 | €19,708 | €20,894 | +€1,186 | +6.0% |
| Operating profit (loss) | 9901 | €812 | €4,224 | +€3,411 | +419.9% |
| Financial income | 75/76B | €1 | €0 | -€1 | -69.4% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -69.4% |
| Financial charges | 65/66B | €82 | €785 | +€703 | +856.2% |
| Recurring financial charges | 65 | €82 | €785 | +€703 | +856.2% |
| Profit (loss) for the period before taxes | 9903 | €731 | €3,439 | +€2,708 | +370.4% |
| Income taxes | 67/77 | €438 | €602 | +€164 | +37.3% |
| Profit (loss) for the period | 9904 | €293 | €2,837 | +€2,544 | +868.9% |
| Profit (loss) for the period to be appropriated | 9905 | €293 | €2,837 | +€2,544 | +868.9% |
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.