AT-Beheer: 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-Beheer
Largest movements
- Stocks and contracts -€1.1m
no longer reported in 2025 (was €1.1m)
- Cash -€540,863
down €540,863 (-95.5%), from €566,083 to €25,220
mainly Current portion of long-term debt (-€1.0m) and Other debts (-€400,628)
- Deferred charges and accrued income -€41,343
no longer reported in 2025 (was €41,343)
- Current portion of long-term debt -€1.0m
no longer reported in 2025 (was €1.0m)
- Other debts -€400,628
down €400,628 (-88.0%), from €455,107 to €54,479
- Trade debts -€205,444
no longer reported in 2025 (was €205,444)
- Tax, wage and social debts -€45,900
down €45,900 (-99.7%), from €46,033 to €133
- Gross operating margin +€60,815
up €60,815, from -€8,598 to €52,217
- Financial charges +€41,334
up €41,334 (+1,634%), from €2,530 to €43,864
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 | €1,736,293 | €37,388 | -€1.7m | -97.8% |
| Current assets | 29/58 | €1,736,293 | €37,388 | -€1.7m | -97.8% |
| Stocks and contracts in progress | 3 | €1,105,935 | - | -€1.1m | |
| Stocks | 30/36 | €1,105,935 | - | -€1.1m | |
| Amounts receivable within one year | 40/41 | €22,932 | €12,168 | -€10,764 | -46.9% |
| Trade receivables | 40 | €22,901 | €8,043 | -€14,858 | -64.9% |
| Other amounts receivable | 41 | €31 | €4,125 | +€4,094 | +13,328% |
| Cash at bank and in hand | 54/58 | €566,083 | €25,220 | -€540,863 | -95.5% |
| Deferred charges and accrued income | 490/1 | €41,343 | - | -€41,343 | |
| Total equity and liabilities | 10/49 | €1,736,293 | €37,388 | -€1.7m | -97.8% |
| Equity | 10/15 | -€21,056 | -€20,897 | +€158 | +0.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,056 | -€25,897 | +€158 | +0.6% |
| Amounts payable | 17/49 | €1,757,348 | €58,286 | -€1.7m | -96.7% |
| Amounts payable within one year | 42/48 | €1,751,991 | €54,612 | -€1.7m | -96.9% |
| Current portion of amounts payable after more than one year | 42 | €1,045,407 | - | -€1.0m | |
| Trade debts | 44 | €205,444 | - | -€205,444 | |
| Suppliers | 440/4 | €205,444 | - | -€205,444 | |
| Taxes, remuneration and social security | 45 | €46,033 | €133 | -€45,900 | -99.7% |
| Taxes | 450/3 | €46,033 | €133 | -€45,900 | -99.7% |
| Other amounts payable | 47/48 | €455,107 | €54,479 | -€400,628 | -88.0% |
| Accrued charges and deferred income | 492/3 | €5,358 | €3,674 | -€1,684 | -31.4% |
| Other operating charges | 640/8 | €1,038 | €695 | -€342 | -33.0% |
| Non-recurring operating charges | 66A | - | €7,500 | +€7,500 | |
| Gross operating margin | 9900 | -€8,598 | €52,217 | +€60,815 | |
| Operating profit (loss) | 9901 | -€9,636 | €44,022 | +€53,658 | |
| Financial income | 75/76B | €319 | - | -€319 | |
| Recurring financial income | 75 | €319 | - | -€319 | |
| Financial charges | 65/66B | €2,530 | €43,864 | +€41,334 | +1,634% |
| Recurring financial charges | 65 | €2,530 | €43,864 | +€41,334 | +1,634% |
| Profit (loss) for the period before taxes | 9903 | -€11,846 | €158 | +€12,004 | |
| Profit (loss) for the period | 9904 | -€11,846 | €158 | +€12,004 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,846 | €158 | +€12,004 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.