IMMO ARTHEMIS: 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.
IMMO ARTHEMIS
Largest movements
- Tangible fixed assets -€17,028
down €17,028 (-1.7%), from €1.0m to €998,737
- Profit (loss) carried forward -€68,406
down €68,406 (-9.3%), from -€733,455 to -€801,862
- Debts after one year +€41,127
up €41,127 (+3.8%), from €1.1m to €1.1m
- Gross operating margin -€67,699
down €67,699, from €60,809 to -€6,890
- Depreciation -€2,708
down €2,708 (-6.0%), from €45,406 to €42,697
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 | €1,015,767 | €1,003,023 | -€12,744 | -1.3% |
| Fixed assets | 21/28 | €1,015,765 | €998,737 | -€17,028 | -1.7% |
| Tangible fixed assets | 22/27 | €1,015,765 | €998,737 | -€17,028 | -1.7% |
| Land and buildings | 22 | €1,015,765 | €998,737 | -€17,028 | -1.7% |
| Current assets | 29/58 | €2 | €4,286 | +€4,285 | +280041.2% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €2 | €4,286 | +€4,285 | +280041.2% |
| Total equity and liabilities | 10/49 | €1,015,767 | €1,003,023 | -€12,744 | -1.3% |
| Equity | 10/15 | -€145,906 | -€214,312 | -€68,406 | -46.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Revaluation surpluses | 12 | €567,389 | €567,389 | = | 0.0% |
| Reserves | 13 | €1,568 | €1,568 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,568 | €1,568 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,568 | €1,568 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€733,455 | -€801,862 | -€68,406 | -9.3% |
| Amounts payable | 17/49 | €1,161,673 | €1,217,335 | +€55,662 | +4.8% |
| Amounts payable after more than one year | 17 | €1,085,579 | €1,126,707 | +€41,127 | +3.8% |
| Financial debts | 170/4 | €1,085,579 | €1,126,707 | +€41,127 | +3.8% |
| Amounts payable within one year | 42/48 | €76,093 | €84,363 | +€8,270 | +10.9% |
| Trade debts | 44 | €3,948 | €10,901 | +€6,952 | +176.1% |
| Suppliers | 440/4 | €3,948 | €10,901 | +€6,952 | +176.1% |
| Other amounts payable | 47/48 | €72,145 | €73,462 | +€1,318 | +1.8% |
| Accrued charges and deferred income | 492/3 | - | €6,265 | +€6,265 | |
| Non-recurring operating income | 76A | - | €3,167 | +€3,167 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,406 | €42,697 | -€2,708 | -6.0% |
| Other operating charges | 640/8 | €7,176 | €7,424 | +€248 | +3.5% |
| Gross operating margin | 9900 | €60,809 | -€6,890 | -€67,699 | |
| Operating profit (loss) | 9901 | €8,228 | -€57,012 | -€65,239 | |
| Financial income | 75/76B | €8 | €0 | -€8 | -100.0% |
| Recurring financial income | 75 | €8 | €0 | -€8 | -100.0% |
| Financial charges | 65/66B | €11,212 | €11,395 | +€183 | +1.6% |
| Recurring financial charges | 65 | €11,212 | €11,395 | +€183 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,976 | -€68,406 | -€65,430 | -2198.6% |
| Profit (loss) for the period | 9904 | -€2,976 | -€68,406 | -€65,430 | -2198.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,976 | -€68,406 | -€65,430 | -2198.6% |
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 9 October 2026 via checked.be.