AT@Logo: 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@Logo
Largest movements
- Cash +€29,276
up €29,276 (+33.4%), from €87,634 to €116,909
mainly Net result for the year (+€26,481) and Depreciation (+€13,711)
- Tangible fixed assets -€13,162
down €13,162 (-58.2%), from €22,613 to €9,451
of which Furniture and vehicles: -€12,670
- Reserves +€26,481
up €26,481 (+31.1%), from €85,265 to €111,746
- Debts after one year -€8,881
down €8,881 (-100%), from €8,881 to €0
- Current portion of long-term debt -€2,847
down €2,847 (-24.3%), from €11,728 to €8,881
- Tax, wage and social debts +€2,808
up €2,808 (+77.1%), from €3,642 to €6,450
- Trade debts -€2,304
down €2,304 (-98.3%), from €2,344 to €40
- Gross operating margin +€6,746
up €6,746 (+14.0%), from €48,093 to €54,839
- Taxes +€2,308
up €2,308 (+20.7%), from €11,142 to €13,450
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 | €118,296 | €134,974 | +€16,679 | +14.1% |
| Fixed assets | 21/28 | €23,433 | €9,722 | -€13,711 | -58.5% |
| Intangible fixed assets | 21 | €820 | €271 | -€549 | -67.0% |
| Tangible fixed assets | 22/27 | €22,613 | €9,451 | -€13,162 | -58.2% |
| Plant, machinery and equipment | 23 | €1,230 | €738 | -€492 | -40.0% |
| Furniture and vehicles | 24 | €21,382 | €8,713 | -€12,670 | -59.3% |
| Current assets | 29/58 | €94,862 | €125,253 | +€30,390 | +32.0% |
| Amounts receivable within one year | 40/41 | €5,750 | €6,774 | +€1,024 | +17.8% |
| Trade receivables | 40 | €5,750 | €6,774 | +€1,024 | +17.8% |
| Cash at bank and in hand | 54/58 | €87,634 | €116,909 | +€29,276 | +33.4% |
| Deferred charges and accrued income | 490/1 | €1,478 | €1,569 | +€90 | +6.1% |
| Total equity and liabilities | 10/49 | €118,296 | €134,974 | +€16,679 | +14.1% |
| Equity | 10/15 | €88,265 | €114,746 | +€26,481 | +30.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €85,265 | €111,746 | +€26,481 | +31.1% |
| Distributable reserves | 133 | €85,265 | €111,746 | +€26,481 | +31.1% |
| Amounts payable | 17/49 | €30,030 | €20,229 | -€9,802 | -32.6% |
| Amounts payable after more than one year | 17 | €8,881 | €0 | -€8,881 | -100% |
| Financial debts | 170/4 | €8,881 | €0 | -€8,881 | -100% |
| Amounts payable within one year | 42/48 | €21,150 | €20,229 | -€921 | -4.4% |
| Current portion of amounts payable after more than one year | 42 | €11,728 | €8,881 | -€2,847 | -24.3% |
| Trade debts | 44 | €2,344 | €40 | -€2,304 | -98.3% |
| Suppliers | 440/4 | €2,344 | €40 | -€2,304 | -98.3% |
| Taxes, remuneration and social security | 45 | €3,642 | €6,450 | +€2,808 | +77.1% |
| Taxes | 450/3 | €3,642 | €6,450 | +€2,808 | +77.1% |
| Other amounts payable | 47/48 | €3,436 | €4,858 | +€1,422 | +41.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,711 | €13,711 | -€0 | 0.0% |
| Other operating charges | 640/8 | €944 | €961 | +€17 | +1.8% |
| Gross operating margin | 9900 | €48,093 | €54,839 | +€6,746 | +14.0% |
| Operating profit (loss) | 9901 | €33,437 | €40,166 | +€6,729 | +20.1% |
| Financial income | 75/76B | €4 | €4 | +€0 | +6.0% |
| Recurring financial income | 75 | €4 | €4 | +€0 | +6.0% |
| Financial charges | 65/66B | €362 | €240 | -€122 | -33.6% |
| Recurring financial charges | 65 | €362 | €240 | -€122 | -33.6% |
| Profit (loss) for the period before taxes | 9903 | €33,079 | €39,930 | +€6,851 | +20.7% |
| Income taxes | 67/77 | €11,142 | €13,450 | +€2,308 | +20.7% |
| Profit (loss) for the period | 9904 | €21,938 | €26,481 | +€4,543 | +20.7% |
| Profit (loss) for the period to be appropriated | 9905 | €21,938 | €26,481 | +€4,543 | +20.7% |
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 17 October 2026 via checked.be.