A-TEC: 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.
What changed
A-TEC
NACE 25.530, Machining of metals
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€428,118
2024 · €102,056+€326,062
Equity
€1.0m
2024 · €619,095+€428,118
Cash
€733,548
2024 · €669,039+€64,508
Balance sheet total
€5.8m
2024 · €6.6m-€775,862
Largest movements
Assets
- Receivables within one year -€446,127
down €446,127 (-31.2%), from €1.4m to €984,808
of which Trade receivables: -€546,924
- Stocks and contracts -€379,509
down €379,509 (-13.4%), from €2.8m to €2.5m
of which Contracts in progress: -€198,992
Equity and liabilities
- Debts after one year -€1.3m
down €1.3m (-100.0%), from €1.3m to €0
- Other debts +€727,474
up €727,474 (+100.1%), from €726,872 to €1.5m
- Advances received -€679,448
down €679,448 (-22.6%), from €3.0m to €2.3m
- Reserves +€428,118
up €428,118 (+71.3%), from €600,495 to €1.0m
of which Distributable reserves: +€428,118
- Trade debts +€262,134
up €262,134 (+74.6%), from €351,394 to €613,528
Income statement
- Gross operating margin +€715,061
up €715,061 (+55.5%), from €1.3m to €2.0m
- Staff costs +€417,163
up €417,163 (+43.1%), from €968,271 to €1.4m
- Write-downs -€35,136
down €35,136 (-100.0%), from €35,136 to €0
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.
Result 2024
€102,056
Gross operating margin
+€715,061
Staff costs
-€417,163
Depreciation
-€3,308
Write-downs
+€35,136
Other operating charges
+€343
Financial income
+€799
Financial charges
-€5,268
Taxes
+€461
Result 2025
€428,118
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.
From operations
+€1.7m
Investment
-€113,889
Financing
-€1.5m
Cash 2024
€669,039
From operations (derived)
+€1.7m
Net result for the year
+€428,118
Depreciation
+€142,671
Stocks and contracts
+€379,509
Receivables within one year
+€446,127
Deferred charges and accrued income
-€14,047
Trade debts
+€262,134
Tax, wage and social debts
-€21,442
Advances received
-€679,448
Other debts
+€727,474
Accrued charges and deferred income
-€16,372
Investment (derived)
-€113,889
Investment in fixed assets (net)
-€113,889
Financing
-€1.5m
Debts after one year
-€1.3m
Current portion of long-term debt
-€136,012
Cash 2025
€733,548
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,570,349 | €5,794,488 | -€775,862 | -11.8% |
| Fixed assets | 21/28 | €1,371,612 | €1,342,830 | -€28,782 | -2.1% |
| Intangible fixed assets | 21 | €19,140 | €39,388 | +€20,247 | +105.8% |
| Tangible fixed assets | 22/27 | €1,352,472 | €1,303,443 | -€49,029 | -3.6% |
| Land and buildings | 22 | €50,093 | €43,364 | -€6,728 | -13.4% |
| Plant, machinery and equipment | 23 | €12,514 | €19,383 | +€6,869 | +54.9% |
| Furniture and vehicles | 24 | €118,666 | €116,853 | -€1,814 | -1.5% |
| Other tangible fixed assets | 26 | €1,171,199 | €1,123,842 | -€47,357 | -4.0% |
| Current assets | 29/58 | €5,198,737 | €4,451,657 | -€747,080 | -14.4% |
| Stocks and contracts in progress | 3 | €2,836,259 | €2,456,750 | -€379,509 | -13.4% |
| Stocks | 30/36 | €641,589 | €461,073 | -€180,517 | -28.1% |
| Contracts in progress | 37 | €2,194,669 | €1,995,677 | -€198,992 | -9.1% |
| Amounts receivable within one year | 40/41 | €1,430,934 | €984,808 | -€446,127 | -31.2% |
| Trade receivables | 40 | €1,421,892 | €874,968 | -€546,924 | -38.5% |
| Other amounts receivable | 41 | €9,042 | €109,839 | +€100,797 | +1114.7% |
| Current investments | 50/53 | €250,000 | €250,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €669,039 | €733,548 | +€64,508 | +9.6% |
| Deferred charges and accrued income | 490/1 | €12,505 | €26,552 | +€14,047 | +112.3% |
| Total equity and liabilities | 10/49 | €6,570,349 | €5,794,488 | -€775,862 | -11.8% |
| Equity | 10/15 | €619,095 | €1,047,213 | +€428,118 | +69.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €600,495 | €1,028,613 | +€428,118 | +71.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €600,495 | €1,028,613 | +€428,118 | +71.3% |
| Amounts payable | 17/49 | €5,951,255 | €4,747,275 | -€1.2m | -20.2% |
| Amounts payable after more than one year | 17 | €1,340,314 | €0 | -€1.3m | -100.0% |
| Financial debts | 170/4 | €1,340,314 | €0 | -€1.3m | -100.0% |
| Amounts payable within one year | 42/48 | €4,549,973 | €4,702,679 | +€152,706 | +3.4% |
| Current portion of amounts payable after more than one year | 42 | €136,012 | €0 | -€136,012 | -100.0% |
| Trade debts | 44 | €351,394 | €613,528 | +€262,134 | +74.6% |
| Suppliers | 440/4 | €351,394 | €613,528 | +€262,134 | +74.6% |
| Advances received on contracts in progress | 46 | €3,002,562 | €2,323,113 | -€679,448 | -22.6% |
| Taxes, remuneration and social security | 45 | €333,134 | €311,692 | -€21,442 | -6.4% |
| Taxes | 450/3 | €191,212 | €65,011 | -€126,201 | -66.0% |
| Remuneration and social security | 454/9 | €141,922 | €246,681 | +€104,759 | +73.8% |
| Other amounts payable | 47/48 | €726,872 | €1,454,346 | +€727,474 | +100.1% |
| Accrued charges and deferred income | 492/3 | €60,968 | €44,595 | -€16,372 | -26.9% |
| Remuneration, social security and pensions | 62 | €968,271 | €1,385,433 | +€417,163 | +43.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €139,363 | €142,671 | +€3,308 | +2.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €35,136 | €0 | -€35,136 | -100.0% |
| Other operating charges | 640/8 | €1,406 | €1,063 | -€343 | -24.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €1,289,460 | €2,004,521 | +€715,061 | +55.5% |
| Operating profit (loss) | 9901 | €145,284 | €475,354 | +€330,071 | +227.2% |
| Financial income | 75/76B | €3,627 | €4,425 | +€799 | +22.0% |
| Recurring financial income | 75 | €3,627 | €4,425 | +€799 | +22.0% |
| Financial charges | 65/66B | €28,214 | €33,483 | +€5,268 | +18.7% |
| Recurring financial charges | 65 | €28,214 | €33,483 | +€5,268 | +18.7% |
| Profit (loss) for the period before taxes | 9903 | €120,696 | €446,297 | +€325,601 | +269.8% |
| Income taxes | 67/77 | €18,640 | €18,179 | -€461 | -2.5% |
| Profit (loss) for the period | 9904 | €102,056 | €428,118 | +€326,062 | +319.5% |
| Profit (loss) for the period to be appropriated | 9905 | €102,056 | €428,118 | +€326,062 | +319.5% |
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 4 October 2026 via checked.be.