Eric Fautré Artisan Mortex: 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.
Eric Fautré Artisan Mortex
Largest movements
- Tangible fixed assets -€14,359
down €14,359 (-38.4%), from €37,389 to €23,030
of which Furniture and vehicles: -€10,969
- Cash +€3,539
up €3,539 (+13.3%), from €26,641 to €30,179
mainly Depreciation (+€14,359) and Net result for the year (+€11,271)
- Receivables within one year +€1,364
up €1,364 (+48.3%), from €2,824 to €4,188
of which Other amounts receivable: +€938
- Profit (loss) carried forward +€9,771
up €9,771 (+44.0%), from €22,227 to €31,998
- Current portion of long-term debt -€6,730
down €6,730 (-58.1%), from €11,576 to €4,846
- Debts after one year -€4,846
down €4,846 (-36.0%), from €13,470 to €8,624
- Tax, wage and social debts -€4,642
down €4,642 (-67.3%), from €6,899 to €2,257
- Other debts -€3,566
down €3,566 (-73.7%), from €4,841 to €1,275
- Gross operating margin +€4,519
up €4,519 (+16.0%), from €28,166 to €32,685
- Taxes +€4,107
up €4,107 (+395%), from €1,040 to €5,146
- Depreciation +€2,602
up €2,602 (+22.1%), from €11,757 to €14,359
- Staff costs +€480
new in 2025: €480
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 | €67,739 | €57,924 | -€9,815 | -14.5% |
| Fixed assets | 21/28 | €37,495 | €23,030 | -€14,465 | -38.6% |
| Tangible fixed assets | 22/27 | €37,389 | €23,030 | -€14,359 | -38.4% |
| Plant, machinery and equipment | 23 | €5,075 | €1,685 | -€3,390 | -66.8% |
| Furniture and vehicles | 24 | €32,314 | €21,345 | -€10,969 | -33.9% |
| Financial fixed assets | 28 | €106 | - | -€106 | |
| Current assets | 29/58 | €30,244 | €34,894 | +€4,650 | +15.4% |
| Amounts receivable within one year | 40/41 | €2,824 | €4,188 | +€1,364 | +48.3% |
| Trade receivables | 40 | €1,420 | €1,845 | +€426 | +30.0% |
| Other amounts receivable | 41 | €1,405 | €2,343 | +€938 | +66.8% |
| Cash at bank and in hand | 54/58 | €26,641 | €30,179 | +€3,539 | +13.3% |
| Deferred charges and accrued income | 490/1 | €779 | €526 | -€252 | -32.4% |
| Total equity and liabilities | 10/49 | €67,739 | €57,924 | -€9,815 | -14.5% |
| Equity | 10/15 | €27,227 | €36,998 | +€9,771 | +35.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,227 | €31,998 | +€9,771 | +44.0% |
| Amounts payable | 17/49 | €40,513 | €20,927 | -€19,586 | -48.3% |
| Amounts payable after more than one year | 17 | €13,470 | €8,624 | -€4,846 | -36.0% |
| Financial debts | 170/4 | €13,470 | €8,624 | -€4,846 | -36.0% |
| Amounts payable within one year | 42/48 | €27,043 | €11,473 | -€15,570 | -57.6% |
| Current portion of amounts payable after more than one year | 42 | €11,576 | €4,846 | -€6,730 | -58.1% |
| Trade debts | 44 | €3,727 | €3,095 | -€632 | -16.9% |
| Suppliers | 440/4 | €3,727 | €3,095 | -€632 | -16.9% |
| Taxes, remuneration and social security | 45 | €6,899 | €2,257 | -€4,642 | -67.3% |
| Taxes | 450/3 | €6,899 | €2,257 | -€4,642 | -67.3% |
| Other amounts payable | 47/48 | €4,841 | €1,275 | -€3,566 | -73.7% |
| Accrued charges and deferred income | 492/3 | - | €829 | +€829 | |
| Remuneration, social security and pensions | 62 | - | €480 | +€480 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,757 | €14,359 | +€2,602 | +22.1% |
| Other operating charges | 640/8 | €930 | €740 | -€190 | -20.4% |
| Gross operating margin | 9900 | €28,166 | €32,685 | +€4,519 | +16.0% |
| Operating profit (loss) | 9901 | €15,479 | €17,106 | +€1,626 | +10.5% |
| Financial income | 75/76B | €0 | €11 | +€11 | +4,859% |
| Recurring financial income | 75 | €0 | €11 | +€11 | +4,859% |
| Financial charges | 65/66B | €476 | €700 | +€224 | +47.1% |
| Recurring financial charges | 65 | €476 | €700 | +€224 | +47.1% |
| Profit (loss) for the period before taxes | 9903 | €15,004 | €16,417 | +€1,413 | +9.4% |
| Income taxes | 67/77 | €1,040 | €5,146 | +€4,107 | +395% |
| Profit (loss) for the period | 9904 | €13,964 | €11,271 | -€2,693 | -19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,964 | €11,271 | -€2,693 | -19.3% |
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 31 October 2026 via checked.be.