A.T.E.A.: 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.
A.T.E.A.
Largest movements
- Stocks and contracts +€15,308
up €15,308 (+278.3%), from €5,500 to €20,808
- Tangible fixed assets -€8,161
down €8,161 (-5.2%), from €158,298 to €150,137
of which Land and buildings: -€5,594
- Cash +€5,136
up €5,136 (+104.2%), from €4,927 to €10,062
mainly Net result for the year (+€11,822) and Depreciation (+€8,841)
- Deferred charges and accrued income -€3,040
down €3,040 (-45.2%), from €6,720 to €3,680
- Profit (loss) carried forward +€11,822
up €11,822 (+61.5%), from -€19,237 to -€7,415
- Debts after one year -€10,996
down €10,996 (-10.5%), from €104,401 to €93,405
- Other debts +€2,640
up €2,640 (+4.3%), from €61,945 to €64,585
- Gross operating margin +€10,331
up €10,331 (+45.0%), from €22,955 to €33,286
- Taxes +€3,930
up €3,930 (+1602.6%), from €245 to €4,175
- Depreciation -€1,349
down €1,349 (-13.2%), from €10,190 to €8,841
- Staff costs +€520
up €520 (+33.2%), from €1,567 to €2,086
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 | €213,476 | €220,534 | +€7,058 | +3.3% |
| Fixed assets | 21/28 | €158,348 | €150,187 | -€8,161 | -5.2% |
| Tangible fixed assets | 22/27 | €158,298 | €150,137 | -€8,161 | -5.2% |
| Land and buildings | 22 | €149,594 | €144,000 | -€5,594 | -3.7% |
| Plant, machinery and equipment | 23 | €254 | €0 | -€254 | -100.0% |
| Furniture and vehicles | 24 | €8,450 | €6,137 | -€2,313 | -27.4% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €55,128 | €70,347 | +€15,219 | +27.6% |
| Stocks and contracts in progress | 3 | €5,500 | €20,808 | +€15,308 | +278.3% |
| Contracts in progress | 37 | €5,500 | €20,808 | +€15,308 | +278.3% |
| Amounts receivable within one year | 40/41 | €37,982 | €35,797 | -€2,185 | -5.8% |
| Trade receivables | 40 | €36,395 | €23,674 | -€12,721 | -35.0% |
| Other amounts receivable | 41 | €1,586 | €12,123 | +€10,537 | +664.3% |
| Cash at bank and in hand | 54/58 | €4,927 | €10,062 | +€5,136 | +104.2% |
| Deferred charges and accrued income | 490/1 | €6,720 | €3,680 | -€3,040 | -45.2% |
| Total equity and liabilities | 10/49 | €213,476 | €220,534 | +€7,058 | +3.3% |
| Equity | 10/15 | -€337 | €11,485 | +€11,822 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €300 | €300 | = | 0.0% |
| Distributable reserves | 133 | €300 | €300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,237 | -€7,415 | +€11,822 | +61.5% |
| Amounts payable | 17/49 | €213,813 | €209,048 | -€4,764 | -2.2% |
| Amounts payable after more than one year | 17 | €104,401 | €93,405 | -€10,996 | -10.5% |
| Financial debts | 170/4 | €104,401 | €93,405 | -€10,996 | -10.5% |
| Amounts payable within one year | 42/48 | €109,411 | €114,863 | +€5,452 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €10,771 | €10,996 | +€225 | +2.1% |
| Trade debts | 44 | €29,255 | €30,729 | +€1,473 | +5.0% |
| Suppliers | 440/4 | €29,255 | €30,729 | +€1,473 | +5.0% |
| Taxes, remuneration and social security | 45 | €7,440 | €8,553 | +€1,113 | +15.0% |
| Taxes | 450/3 | €7,440 | €5,027 | -€2,413 | -32.4% |
| Remuneration and social security | 454/9 | - | €3,526 | +€3,526 | |
| Other amounts payable | 47/48 | €61,945 | €64,585 | +€2,640 | +4.3% |
| Accrued charges and deferred income | 492/3 | - | €780 | +€780 | |
| Remuneration, social security and pensions | 62 | €1,567 | €2,086 | +€520 | +33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,190 | €8,841 | -€1,349 | -13.2% |
| Other operating charges | 640/8 | €2,591 | €2,536 | -€56 | -2.2% |
| Non-recurring operating charges | 66A | €2,079 | - | -€2,079 | |
| Gross operating margin | 9900 | €22,955 | €33,286 | +€10,331 | +45.0% |
| Operating profit (loss) | 9901 | €6,528 | €19,823 | +€13,295 | +203.6% |
| Financial income | 75/76B | €77 | €14 | -€62 | -81.5% |
| Recurring financial income | 75 | €77 | €14 | -€62 | -81.5% |
| Financial charges | 65/66B | €3,852 | €3,840 | -€12 | -0.3% |
| Recurring financial charges | 65 | €3,852 | €3,840 | -€12 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €2,752 | €15,997 | +€13,245 | +481.2% |
| Income taxes | 67/77 | €245 | €4,175 | +€3,930 | +1602.6% |
| Profit (loss) for the period | 9904 | €2,507 | €11,822 | +€9,315 | +371.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,507 | €11,822 | +€9,315 | +371.5% |
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.