studio artemis: 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.
studio artemis
Largest movements
- Cash -€14,318
down €14,318 (-28.6%), from €50,049 to €35,730
mainly Net result for the year (-€12,611) and Receivables within one year (-€1,319)
- Receivables within one year +€1,319
up €1,319 (+16.9%), from €7,820 to €9,140
- Profit (loss) carried forward -€12,611
down €12,611 (-23.6%), from €53,343 to €40,732
- Gross operating margin +€1,198
up €1,198 (+9.4%), from -€12,682 to -€11,483
- Financial charges -€403
down €403 (-60.3%), from €668 to €265
- Depreciation -€264
down €264 (-68.4%), from €385 to €122
- Financial income -€224
down €224 (-45.4%), from €494 to €270
- Other operating charges +€131
up €131 (+17.7%), from €739 to €870
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 | €57,991 | €44,870 | -€13,121 | -22.6% |
| Fixed assets | 21/28 | €122 | - | -€122 | |
| Tangible fixed assets | 22/27 | €122 | - | -€122 | |
| Furniture and vehicles | 24 | €122 | - | -€122 | |
| Current assets | 29/58 | €57,869 | €44,870 | -€12,999 | -22.5% |
| Amounts receivable within one year | 40/41 | €7,820 | €9,140 | +€1,319 | +16.9% |
| Other amounts receivable | 41 | €7,820 | €9,140 | +€1,319 | +16.9% |
| Cash at bank and in hand | 54/58 | €50,049 | €35,730 | -€14,318 | -28.6% |
| Total equity and liabilities | 10/49 | €57,991 | €44,870 | -€13,121 | -22.6% |
| Equity | 10/15 | €56,343 | €43,732 | -€12,611 | -22.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,343 | €40,732 | -€12,611 | -23.6% |
| Amounts payable | 17/49 | €1,648 | €1,138 | -€510 | -30.9% |
| Amounts payable within one year | 42/48 | €1,648 | €1,138 | -€510 | -30.9% |
| Trade debts | 44 | €1,385 | €858 | -€527 | -38.1% |
| Suppliers | 440/4 | €1,385 | €858 | -€527 | -38.1% |
| Taxes, remuneration and social security | 45 | €263 | €280 | +€18 | +6.7% |
| Taxes | 450/3 | €263 | €280 | +€18 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €385 | €122 | -€264 | -68.4% |
| Other operating charges | 640/8 | €739 | €870 | +€131 | +17.7% |
| Gross operating margin | 9900 | -€12,682 | -€11,483 | +€1,198 | +9.4% |
| Operating profit (loss) | 9901 | -€13,806 | -€12,475 | +€1,331 | +9.6% |
| Financial income | 75/76B | €494 | €270 | -€224 | -45.4% |
| Recurring financial income | 75 | €494 | €270 | -€224 | -45.4% |
| Financial charges | 65/66B | €668 | €265 | -€403 | -60.3% |
| Recurring financial charges | 65 | €668 | €265 | -€403 | -60.3% |
| Profit (loss) for the period before taxes | 9903 | -€13,980 | -€12,470 | +€1,510 | +10.8% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€14,119 | -€12,611 | +€1,508 | +10.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,119 | -€12,611 | +€1,508 | +10.7% |
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.