AT-Com: 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-Com
Largest movements
- Receivables within one year +€54,644
up €54,644 (+41.8%), from €130,668 to €185,312
of which Trade receivables: +€40,189
- Cash -€23,722
down €23,722 (-43.5%), from €54,490 to €30,768
mainly Receivables within one year (-€54,644) and Debts after one year (-€9,908)
- Tangible fixed assets -€8,740
down €8,740 (-16.8%), from €51,945 to €43,205
of which Leasing and similar rights: -€10,016
- Deferred charges and accrued income -€7,098
down €7,098 (-65.4%), from €10,847 to €3,749
- Tax, wage and social debts +€13,365
up €13,365 (+48.8%), from €27,399 to €40,764
of which Remuneration and social security: +€13,365
- Debts after one year -€9,908
down €9,908 (-35.1%), from €28,216 to €18,308
- Trade debts +€7,358
up €7,358 (+79.3%), from €9,277 to €16,636
- Current portion of long-term debt +€5,836
up €5,836 (+16.6%), from €35,224 to €41,060
- Other debts -€3,512
down €3,512 (-32.7%), from €10,749 to €7,237
- Staff costs +€120,914
up €120,914 (+50.3%), from €240,413 to €361,327
- Gross operating margin +€104,789
up €104,789 (+36.3%), from €288,849 to €393,638
- Depreciation +€11,509
up €11,509 (+257%), from €4,485 to €15,994
- Taxes -€9,253
down €9,253 (-72.0%), from €12,847 to €3,594
- Write-downs +€6,170
new in 2025: €6,170
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 | €249,849 | €264,933 | +€15,084 | +6.0% |
| Fixed assets | 21/28 | €53,845 | €45,105 | -€8,740 | -16.2% |
| Tangible fixed assets | 22/27 | €51,945 | €43,205 | -€8,740 | -16.8% |
| Plant, machinery and equipment | 23 | €7,351 | €5,701 | -€1,650 | -22.4% |
| Furniture and vehicles | 24 | €6,501 | €9,427 | +€2,926 | +45.0% |
| Leasing and similar rights | 25 | €38,093 | €28,077 | -€10,016 | -26.3% |
| Financial fixed assets | 28 | €1,900 | €1,900 | = | 0.0% |
| Current assets | 29/58 | €196,005 | €219,828 | +€23,824 | +12.2% |
| Amounts receivable within one year | 40/41 | €130,668 | €185,312 | +€54,644 | +41.8% |
| Trade receivables | 40 | €105,568 | €145,756 | +€40,189 | +38.1% |
| Other amounts receivable | 41 | €25,100 | €39,555 | +€14,455 | +57.6% |
| Cash at bank and in hand | 54/58 | €54,490 | €30,768 | -€23,722 | -43.5% |
| Deferred charges and accrued income | 490/1 | €10,847 | €3,749 | -€7,098 | -65.4% |
| Total equity and liabilities | 10/49 | €249,849 | €264,933 | +€15,084 | +6.0% |
| Equity | 10/15 | €131,744 | €133,689 | +€1,945 | +1.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €109,744 | €111,689 | +€1,945 | +1.8% |
| Amounts payable | 17/49 | €118,105 | €131,244 | +€13,139 | +11.1% |
| Amounts payable after more than one year | 17 | €28,216 | €18,308 | -€9,908 | -35.1% |
| Financial debts | 170/4 | €28,216 | €18,308 | -€9,908 | -35.1% |
| Amounts payable within one year | 42/48 | €82,649 | €105,696 | +€23,047 | +27.9% |
| Current portion of amounts payable after more than one year | 42 | €35,224 | €41,060 | +€5,836 | +16.6% |
| Trade debts | 44 | €9,277 | €16,636 | +€7,358 | +79.3% |
| Suppliers | 440/4 | €9,277 | €16,636 | +€7,358 | +79.3% |
| Taxes, remuneration and social security | 45 | €27,399 | €40,764 | +€13,365 | +48.8% |
| Taxes | 450/3 | €2,284 | €2,284 | = | 0.0% |
| Remuneration and social security | 454/9 | €25,115 | €38,480 | +€13,365 | +53.2% |
| Other amounts payable | 47/48 | €10,749 | €7,237 | -€3,512 | -32.7% |
| Accrued charges and deferred income | 492/3 | €7,240 | €7,240 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €240,413 | €361,327 | +€120,914 | +50.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,485 | €15,994 | +€11,509 | +257% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €6,170 | +€6,170 | |
| Other operating charges | 640/8 | €5,321 | €391 | -€4,930 | -92.7% |
| Gross operating margin | 9900 | €288,849 | €393,638 | +€104,789 | +36.3% |
| Operating profit (loss) | 9901 | €38,630 | €9,755 | -€28,875 | -74.7% |
| Financial income | 75/76B | €0 | €2 | +€2 | +644% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +644% |
| Financial charges | 65/66B | €2,321 | €4,219 | +€1,898 | +81.7% |
| Recurring financial charges | 65 | €2,321 | €4,219 | +€1,898 | +81.7% |
| Profit (loss) for the period before taxes | 9903 | €36,309 | €5,538 | -€30,771 | -84.7% |
| Income taxes | 67/77 | €12,847 | €3,594 | -€9,253 | -72.0% |
| Profit (loss) for the period | 9904 | €23,463 | €1,945 | -€21,518 | -91.7% |
| Profit (loss) for the period to be appropriated | 9905 | €23,463 | €1,945 | -€21,518 | -91.7% |
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 26 October 2026 via checked.be.