AT&B: 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.
AT&B
Largest movements
- Current investments -€1.8m
down €1.8m (-89.1%), from €2.0m to €215,426
- Cash +€1.2m
up €1.2m (+86.1%), from €1.3m to €2.5m
mainly Current investments (+€1.8m) and Net result for the year (+€163,478)
- Tangible fixed assets -€54,178
down €54,178 (-17.8%), from €303,790 to €249,611
of which Furniture and vehicles: -€38,191
- Reserves -€650,111
down €650,111 (-20.1%), from €3.2m to €2.6m
of which Distributable reserves: -€650,111
- Depreciation -€90,099
down €90,099 (-62.4%), from €144,277 to €54,178
- Gross operating margin -€30,975
down €30,975 (-10.3%), from €301,818 to €270,843
- Financial income -€29,823
down €29,823 (-23.0%), from €129,897 to €100,074
- Financial charges +€19,315
up €19,315 (+109%), from €17,787 to €37,102
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 | €4,407,544 | €3,720,755 | -€686,789 | -15.6% |
| Fixed assets | 21/28 | €1,010,856 | €956,678 | -€54,178 | -5.4% |
| Intangible fixed assets | 21 | €707,066 | €707,066 | = | 0.0% |
| Tangible fixed assets | 22/27 | €303,790 | €249,611 | -€54,178 | -17.8% |
| Land and buildings | 22 | €179,563 | €163,576 | -€15,987 | -8.9% |
| Furniture and vehicles | 24 | €124,227 | €86,035 | -€38,191 | -30.7% |
| Current assets | 29/58 | €3,396,688 | €2,764,078 | -€632,610 | -18.6% |
| Amounts receivable within one year | 40/41 | €78,924 | €54,434 | -€24,489 | -31.0% |
| Trade receivables | 40 | €6,924 | €7,834 | +€911 | +13.2% |
| Other amounts receivable | 41 | €72,000 | €46,600 | -€25,400 | -35.3% |
| Current investments | 50/53 | €1,973,073 | €215,426 | -€1.8m | -89.1% |
| Cash at bank and in hand | 54/58 | €1,337,041 | €2,487,989 | +€1.2m | +86.1% |
| Deferred charges and accrued income | 490/1 | €7,652 | €6,229 | -€1,422 | -18.6% |
| Total equity and liabilities | 10/49 | €4,407,544 | €3,720,755 | -€686,789 | -15.6% |
| Equity | 10/15 | €3,475,378 | €2,825,267 | -€650,111 | -18.7% |
| Contributions | 10/11 | €247,894 | €247,894 | = | 0.0% |
| Capital | 10 | €247,894 | €247,894 | = | 0.0% |
| Issued capital | 100 | €247,894 | €247,894 | = | 0.0% |
| Reserves | 13 | €3,227,484 | €2,577,373 | -€650,111 | -20.1% |
| Non-distributable reserves | 130/1 | €24,789 | €24,789 | = | 0.0% |
| Legal reserve | 130 | €24,789 | €24,789 | = | 0.0% |
| Distributable reserves | 133 | €3,202,695 | €2,552,584 | -€650,111 | -20.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €932,166 | €895,489 | -€36,677 | -3.9% |
| Amounts payable within one year | 42/48 | €927,166 | €864,556 | -€62,610 | -6.8% |
| Trade debts | 44 | €35,215 | €11,896 | -€23,319 | -66.2% |
| Suppliers | 440/4 | €35,215 | €11,896 | -€23,319 | -66.2% |
| Advances received on contracts in progress | 46 | €511,583 | €469,205 | -€42,378 | -8.3% |
| Taxes, remuneration and social security | 45 | €16,406 | €17,392 | +€985 | +6.0% |
| Taxes | 450/3 | €16,406 | €17,392 | +€985 | +6.0% |
| Other amounts payable | 47/48 | €363,963 | €366,064 | +€2,101 | +0.6% |
| Accrued charges and deferred income | 492/3 | €5,000 | €30,933 | +€25,933 | +519% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €144,277 | €54,178 | -€90,099 | -62.4% |
| Other operating charges | 640/8 | €39,217 | €42,151 | +€2,934 | +7.5% |
| Non-recurring operating charges | 66A | €10,490 | €0 | -€10,490 | -100% |
| Gross operating margin | 9900 | €301,818 | €270,843 | -€30,975 | -10.3% |
| Operating profit (loss) | 9901 | €107,834 | €174,514 | +€66,680 | +61.8% |
| Financial income | 75/76B | €129,897 | €100,074 | -€29,823 | -23.0% |
| Recurring financial income | 75 | €129,897 | €100,074 | -€29,823 | -23.0% |
| Financial charges | 65/66B | €17,787 | €37,102 | +€19,315 | +109% |
| Recurring financial charges | 65 | €17,787 | €37,102 | +€19,315 | +109% |
| Profit (loss) for the period before taxes | 9903 | €219,944 | €237,486 | +€17,542 | +8.0% |
| Income taxes | 67/77 | €71,061 | €74,008 | +€2,947 | +4.1% |
| Profit (loss) for the period | 9904 | €148,883 | €163,478 | +€14,595 | +9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €148,883 | €163,478 | +€14,595 | +9.8% |
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.