A.T.P.: 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.
A.T.P.
Largest movements
- Current investments -€208,000
down €208,000 (-22.4%), from €926,939 to €718,939
- Cash -€86,325
down €86,325 (-67.0%), from €128,812 to €42,488
mainly Provisions (-€172,417) and Investment in fixed assets (net) (-€96,804)
- Receivables within one year -€64,130
down €64,130 (-95.8%), from €66,951 to €2,821
of which Other amounts receivable: -€66,951
- Tangible fixed assets +€37,620
up €37,620 (+6.7%), from €560,941 to €598,561
of which Land and buildings: +€37,783
- Provisions -€172,417
down €172,417 (-95.7%), from €180,072 to €7,655
- Reserves -€163,736
down €163,736 (-18.9%), from €866,701 to €702,965
of which Tax-exempt reserves: -€513,736
- Profit (loss) carried forward +€86,686
up €86,686 (+17.1%), from €505,671 to €592,357
- Other debts -€59,583
down €59,583 (-57.9%), from €102,856 to €43,272
- Taxes +€183,146
up €183,146 (+3,140%), from €5,834 to €188,980
- Gross operating margin -€11,877
down €11,877 (-259%), from -€4,592 to -€16,469
- Financial income -€9,996
down €9,996 (-29.2%), from €34,196 to €24,201
- Depreciation +€5,716
up €5,716 (+10.7%), from €53,468 to €59,184
- Other operating charges +€309
up €309 (+5.2%), from €5,898 to €6,207
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 | €1,771,143 | €1,456,727 | -€314,415 | -17.8% |
| Fixed assets | 21/28 | €648,441 | €686,061 | +€37,620 | +5.8% |
| Tangible fixed assets | 22/27 | €560,941 | €598,561 | +€37,620 | +6.7% |
| Land and buildings | 22 | €546,447 | €584,229 | +€37,783 | +6.9% |
| Furniture and vehicles | 24 | €14,494 | €14,332 | -€162 | -1.1% |
| Financial fixed assets | 28 | €87,500 | €87,500 | = | 0.0% |
| Current assets | 29/58 | €1,122,702 | €770,666 | -€352,036 | -31.4% |
| Amounts receivable within one year | 40/41 | €66,951 | €2,821 | -€64,130 | -95.8% |
| Trade receivables | 40 | - | €2,821 | +€2,821 | |
| Other amounts receivable | 41 | €66,951 | - | -€66,951 | |
| Current investments | 50/53 | €926,939 | €718,939 | -€208,000 | -22.4% |
| Cash at bank and in hand | 54/58 | €128,812 | €42,488 | -€86,325 | -67.0% |
| Deferred charges and accrued income | 490/1 | - | €6,419 | +€6,419 | |
| Total equity and liabilities | 10/49 | €1,771,143 | €1,456,727 | -€314,415 | -17.8% |
| Equity | 10/15 | €1,434,371 | €1,357,322 | -€77,050 | -5.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €866,701 | €702,965 | -€163,736 | -18.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €536,701 | €22,965 | -€513,736 | -95.7% |
| Distributable reserves | 133 | €323,800 | €673,800 | +€350,000 | +108% |
| Profit (loss) carried forward | 14 | €505,671 | €592,357 | +€86,686 | +17.1% |
| Provisions and deferred taxes | 16 | €180,072 | €7,655 | -€172,417 | -95.7% |
| Deferred taxes | 168 | €180,072 | €7,655 | -€172,417 | -95.7% |
| Amounts payable | 17/49 | €156,700 | €91,751 | -€64,949 | -41.4% |
| Amounts payable within one year | 42/48 | €154,507 | €89,513 | -€64,993 | -42.1% |
| Financial debts | 43 | €39,000 | €39,000 | = | 0.0% |
| Other loans | 439 | €39,000 | €39,000 | = | 0.0% |
| Trade debts | 44 | €7,651 | €6,539 | -€1,112 | -14.5% |
| Suppliers | 440/4 | €7,651 | €6,539 | -€1,112 | -14.5% |
| Taxes, remuneration and social security | 45 | €5,000 | €702 | -€4,298 | -86.0% |
| Taxes | 450/3 | €5,000 | €702 | -€4,298 | -86.0% |
| Other amounts payable | 47/48 | €102,856 | €43,272 | -€59,583 | -57.9% |
| Accrued charges and deferred income | 492/3 | €2,193 | €2,237 | +€44 | +2.0% |
| Non-recurring operating income | 76A | €2,890 | €866 | -€2,024 | -70.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,468 | €59,184 | +€5,716 | +10.7% |
| Other operating charges | 640/8 | €5,898 | €6,207 | +€309 | +5.2% |
| Gross operating margin | 9900 | -€4,592 | -€16,469 | -€11,877 | -259% |
| Operating profit (loss) | 9901 | -€63,958 | -€81,860 | -€17,902 | -28.0% |
| Financial income | 75/76B | €34,196 | €24,201 | -€9,996 | -29.2% |
| Recurring financial income | 75 | €34,196 | €24,201 | -€9,996 | -29.2% |
| Financial charges | 65/66B | €2,745 | €2,828 | +€82 | +3.0% |
| Recurring financial charges | 65 | €2,745 | €2,828 | +€82 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | -€32,507 | -€60,487 | -€27,980 | -86.1% |
| Transfer from deferred taxes | 780 | €3,310 | €172,417 | +€169,107 | +5,110% |
| Income taxes | 67/77 | €5,834 | €188,980 | +€183,146 | +3,140% |
| Profit (loss) for the period | 9904 | -€35,031 | -€77,050 | -€42,018 | -120% |
| Transfer from tax-exempt reserves | 789 | €9,929 | €513,736 | +€503,807 | +5,074% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,102 | €436,686 | +€461,788 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.