McArtie: 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.
McArtie
Largest movements
- Receivables within one year -€571
no longer reported in 2025 (was €571)
- Cash +€476
up €476 (+54.3%), from €876 to €1,352
mainly Trade debts (+€1,044) and Receivables within one year (+€571)
- Tangible fixed assets +€167
up €167 (+38.2%), from €436 to €602
- Profit (loss) carried forward -€1,185
down €1,185 (-4.1%), from -€28,562 to -€29,746
- Trade debts +€1,044
up €1,044 (+30.3%), from €3,441 to €4,485
- Other debts +€478
up €478 (+5.7%), from €8,361 to €8,839
- Tax, wage and social debts -€266
down €266 (-22.5%), from €1,182 to €916
- Gross operating margin -€7,922
down €7,922, from €7,502 to -€420
- Depreciation +€120
up €120 (+3,104%), from €4 to €123
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 | €3,023 | €3,094 | +€71 | +2.4% |
| Fixed assets | 21/28 | €436 | €602 | +€167 | +38.2% |
| Tangible fixed assets | 22/27 | €436 | €602 | +€167 | +38.2% |
| Furniture and vehicles | 24 | €436 | €602 | +€167 | +38.2% |
| Current assets | 29/58 | €2,587 | €2,492 | -€95 | -3.7% |
| Stocks and contracts in progress | 3 | €1,140 | €1,140 | = | 0.0% |
| Stocks | 30/36 | €1,140 | €1,140 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €571 | - | -€571 | |
| Trade receivables | 40 | €571 | - | -€571 | |
| Cash at bank and in hand | 54/58 | €876 | €1,352 | +€476 | +54.3% |
| Total equity and liabilities | 10/49 | €3,023 | €3,094 | +€71 | +2.4% |
| Equity | 10/15 | -€9,962 | -€11,146 | -€1,185 | -11.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,562 | -€29,746 | -€1,185 | -4.1% |
| Amounts payable | 17/49 | €12,984 | €14,240 | +€1,256 | +9.7% |
| Amounts payable within one year | 42/48 | €12,984 | €14,240 | +€1,256 | +9.7% |
| Trade debts | 44 | €3,441 | €4,485 | +€1,044 | +30.3% |
| Suppliers | 440/4 | €3,441 | €4,485 | +€1,044 | +30.3% |
| Taxes, remuneration and social security | 45 | €1,182 | €916 | -€266 | -22.5% |
| Taxes | 450/3 | €1,182 | €916 | -€266 | -22.5% |
| Other amounts payable | 47/48 | €8,361 | €8,839 | +€478 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4 | €123 | +€120 | +3,104% |
| Other operating charges | 640/8 | €660 | €594 | -€66 | -10.0% |
| Gross operating margin | 9900 | €7,502 | -€420 | -€7,922 | |
| Operating profit (loss) | 9901 | €6,839 | -€1,137 | -€7,976 | |
| Financial charges | 65/66B | €86 | €48 | -€38 | -44.1% |
| Recurring financial charges | 65 | €86 | €48 | -€38 | -44.1% |
| Profit (loss) for the period before taxes | 9903 | €6,753 | -€1,185 | -€7,938 | |
| Profit (loss) for the period | 9904 | €6,753 | -€1,185 | -€7,938 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,753 | -€1,185 | -€7,938 |
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 27 October 2026 via checked.be.