Artaman: 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.
Artaman
Largest movements
- Cash +€126,465
up €126,465 (+38.5%), from €328,186 to €454,651
mainly Receivables within one year (+€61,363) and Other debts (+€37,753)
- Receivables within one year -€61,363
down €61,363 (-54.0%), from €113,660 to €52,297
of which Trade receivables: -€57,475
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€13,163
up €13,163 (+11.7%), from €112,289 to €125,452
- Taxes +€7,634
up €7,634 (+572.8%), from €1,333 to €8,967
- Financial charges +€3,231
up €3,231 (+3.7%), from €86,348 to €89,579
- Financial income -€1,816
down €1,816 (-23.0%), from €7,895 to €6,080
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 | €6,069,903 | €6,103,788 | +€33,885 | +0.6% |
| Fixed assets | 21/28 | €5,621,442 | €5,592,034 | -€29,407 | -0.5% |
| Tangible fixed assets | 22/27 | €903,636 | €874,229 | -€29,407 | -3.3% |
| Land and buildings | 22 | €897,418 | €870,884 | -€26,534 | -3.0% |
| Furniture and vehicles | 24 | €6,219 | €3,345 | -€2,873 | -46.2% |
| Financial fixed assets | 28 | €4,717,805 | €4,717,805 | = | 0.0% |
| Current assets | 29/58 | €448,461 | €511,754 | +€63,292 | +14.1% |
| Amounts receivable within one year | 40/41 | €113,660 | €52,297 | -€61,363 | -54.0% |
| Trade receivables | 40 | €102,850 | €45,375 | -€57,475 | -55.9% |
| Other amounts receivable | 41 | €10,810 | €6,922 | -€3,888 | -36.0% |
| Cash at bank and in hand | 54/58 | €328,186 | €454,651 | +€126,465 | +38.5% |
| Deferred charges and accrued income | 490/1 | €6,616 | €4,806 | -€1,810 | -27.4% |
| Total equity and liabilities | 10/49 | €6,069,903 | €6,103,788 | +€33,885 | +0.6% |
| Equity | 10/15 | €4,706,954 | €4,709,246 | +€2,292 | 0.0% |
| Contributions | 10/11 | €2,587,691 | €2,587,691 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,119,263 | €2,121,555 | +€2,292 | +0.1% |
| Amounts payable | 17/49 | €1,362,949 | €1,394,542 | +€31,593 | +2.3% |
| Amounts payable after more than one year | 17 | €970,000 | €970,000 | = | 0.0% |
| Other amounts payable | 178/9 | €970,000 | €970,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €306,760 | €335,272 | +€28,512 | +9.3% |
| Trade debts | 44 | €210 | €947 | +€737 | +351.2% |
| Suppliers | 440/4 | €210 | €947 | +€737 | +351.2% |
| Taxes, remuneration and social security | 45 | €20,137 | €10,159 | -€9,979 | -49.6% |
| Taxes | 450/3 | €20,137 | €10,159 | -€9,979 | -49.6% |
| Other amounts payable | 47/48 | €286,413 | €324,166 | +€37,753 | +13.2% |
| Accrued charges and deferred income | 492/3 | €86,189 | €89,270 | +€3,082 | +3.6% |
| Non-recurring operating income | 76A | - | €3,478 | +€3,478 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,875 | €29,407 | -€468 | -1.6% |
| Other operating charges | 640/8 | €1,255 | €1,285 | +€31 | +2.5% |
| Gross operating margin | 9900 | €112,289 | €125,452 | +€13,163 | +11.7% |
| Operating profit (loss) | 9901 | €81,159 | €94,759 | +€13,599 | +16.8% |
| Financial income | 75/76B | €7,895 | €6,080 | -€1,816 | -23.0% |
| Recurring financial income | 75 | €7,895 | €6,080 | -€1,816 | -23.0% |
| Financial charges | 65/66B | €86,348 | €89,579 | +€3,231 | +3.7% |
| Recurring financial charges | 65 | €86,348 | €89,579 | +€3,231 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | €2,707 | €11,259 | +€8,552 | +316.0% |
| Income taxes | 67/77 | €1,333 | €8,967 | +€7,634 | +572.8% |
| Profit (loss) for the period | 9904 | €1,374 | €2,292 | +€918 | +66.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,374 | €2,292 | +€918 | +66.8% |
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 6 October 2026 via checked.be.