ATA CONSTRUCT: 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
ATA CONSTRUCT
NACE 41.001, General construction of residential buildings
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€306,968
2024 · €64,908+€242,059
Equity
€3.9m
2024 · €3.7m+€120,968
Cash
€778,873
2024 · €548,905+€229,968
Balance sheet total
€6.1m
2024 · €6.5m-€417,011
Largest movements
Assets
- Stocks and contracts -€580,843
down €580,843 (-76.9%), from €755,000 to €174,157
- Cash +€229,968
up €229,968 (+41.9%), from €548,905 to €778,873
mainly Stocks and contracts (+€580,843) and Depreciation (+€397,752)
- Tangible fixed assets -€148,116
down €148,116 (-3.0%), from €5.0m to €4.8m
of which Land and buildings: -€147,444
- Receivables within one year +€130,672
up €130,672 (+77.6%), from €168,361 to €299,033
of which Other amounts receivable: +€153,979
Equity and liabilities
- Debts after one year -€518,889
down €518,889 (-27.4%), from €1.9m to €1.4m
- Profit (loss) carried forward +€131,876
up €131,876 (+7.6%), from €1.7m to €1.9m
- Short-term financial debts +€69,888
up €69,888 (+877.8%), from €7,962 to €77,850
Income statement
- Gross operating margin +€435,910
up €435,910 (+82.4%), from €528,727 to €964,637
- Taxes +€80,109
up €80,109 (+407.8%), from €19,642 to €99,752
- Other operating charges +€53,375
up €53,375 (+66.2%), from €80,631 to €134,007
- Write-downs +€31,206
new in 2025: €31,206
- Provisions +€22,600
up €22,600 (+28.0%), from -€80,600 to -€58,000
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
€64,908
Gross operating margin
+€435,910
Depreciation
-€18,791
Write-downs
-€31,206
Provisions
-€22,600
Other operating charges
-€53,375
Financial income
+€2,871
Financial charges
+€9,359
Taxes
-€80,109
Result 2025
€306,968
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
+€1.2m
Investment
-€249,636
Financing
-€694,868
Cash 2024
€548,905
From operations (derived)
+€1.2m
Net result for the year
+€306,968
Depreciation
+€397,752
Stocks and contracts
+€580,843
Receivables within one year
-€130,672
Deferred charges and accrued income
+€48,691
Provisions
-€63,617
Trade debts
-€5,665
Tax, wage and social debts
+€8,400
Other debts
+€31,772
Investment (derived)
-€249,636
Investment in fixed assets (net)
-€249,636
Financing
-€694,868
Debts after one year
-€518,889
Current portion of long-term debt
-€59,868
Short-term financial debts
+€69,888
Contributions, distributions and other
-€186,000
Cash 2025
€778,873
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,494,674 | €6,077,663 | -€417,011 | -6.4% |
| Fixed assets | 21/28 | €4,963,846 | €4,815,729 | -€148,116 | -3.0% |
| Tangible fixed assets | 22/27 | €4,963,846 | €4,815,729 | -€148,116 | -3.0% |
| Land and buildings | 22 | €4,958,691 | €4,811,247 | -€147,444 | -3.0% |
| Furniture and vehicles | 24 | €1,882 | €1,482 | -€399 | -21.2% |
| Other tangible fixed assets | 26 | €3,273 | €3,000 | -€273 | -8.3% |
| Current assets | 29/58 | €1,530,828 | €1,261,934 | -€268,894 | -17.6% |
| Stocks and contracts in progress | 3 | €755,000 | €174,157 | -€580,843 | -76.9% |
| Stocks | 30/36 | €755,000 | €174,157 | -€580,843 | -76.9% |
| Amounts receivable within one year | 40/41 | €168,361 | €299,033 | +€130,672 | +77.6% |
| Trade receivables | 40 | €63,002 | €39,695 | -€23,308 | -37.0% |
| Other amounts receivable | 41 | €105,359 | €259,338 | +€153,979 | +146.1% |
| Cash at bank and in hand | 54/58 | €548,905 | €778,873 | +€229,968 | +41.9% |
| Deferred charges and accrued income | 490/1 | €58,562 | €9,870 | -€48,691 | -83.1% |
| Total equity and liabilities | 10/49 | €6,494,674 | €6,077,663 | -€417,011 | -6.4% |
| Equity | 10/15 | €3,735,286 | €3,856,254 | +€120,968 | +3.2% |
| Contributions | 10/11 | €1,215,000 | €1,215,000 | = | 0.0% |
| Capital | 10 | €1,215,000 | €1,215,000 | = | 0.0% |
| Issued capital | 100 | €1,215,000 | €1,215,000 | = | 0.0% |
| Reserves | 13 | €788,877 | €777,969 | -€10,909 | -1.4% |
| Non-distributable reserves | 130/1 | €121,500 | €121,500 | = | 0.0% |
| Legal reserve | 130 | €121,500 | €121,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €212,832 | €201,923 | -€10,909 | -5.1% |
| Distributable reserves | 133 | €454,545 | €454,545 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,731,409 | €1,863,285 | +€131,876 | +7.6% |
| Provisions and deferred taxes | 16 | €379,156 | €315,539 | -€63,617 | -16.8% |
| Provisions for liabilities and charges | 160/5 | €281,892 | €223,892 | -€58,000 | -20.6% |
| Pensions and similar obligations | 160 | €39,663 | €39,663 | = | 0.0% |
| Major repairs and maintenance | 162 | €242,230 | €184,230 | -€58,000 | -23.9% |
| Deferred taxes | 168 | €97,264 | €91,647 | -€5,617 | -5.8% |
| Amounts payable | 17/49 | €2,380,231 | €1,905,870 | -€474,361 | -19.9% |
| Amounts payable after more than one year | 17 | €1,894,348 | €1,375,459 | -€518,889 | -27.4% |
| Financial debts | 170/4 | €1,894,348 | €1,375,459 | -€518,889 | -27.4% |
| Amounts payable within one year | 42/48 | €485,883 | €530,411 | +€44,528 | +9.2% |
| Current portion of amounts payable after more than one year | 42 | €216,460 | €156,592 | -€59,868 | -27.7% |
| Financial debts | 43 | €7,962 | €77,850 | +€69,888 | +877.8% |
| Credit institutions | 430/8 | €7,962 | €77,850 | +€69,888 | +877.8% |
| Trade debts | 44 | €22,380 | €16,715 | -€5,665 | -25.3% |
| Suppliers | 440/4 | €22,380 | €16,715 | -€5,665 | -25.3% |
| Advances received on contracts in progress | 46 | €12,450 | €12,450 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €15,797 | €24,197 | +€8,400 | +53.2% |
| Taxes | 450/3 | €10,297 | €18,697 | +€8,400 | +81.6% |
| Remuneration and social security | 454/9 | €5,500 | €5,500 | = | 0.0% |
| Other amounts payable | 47/48 | €210,835 | €242,607 | +€31,772 | +15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €378,961 | €397,752 | +€18,791 | +5.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €31,206 | +€31,206 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€80,600 | -€58,000 | +€22,600 | +28.0% |
| Other operating charges | 640/8 | €80,631 | €134,007 | +€53,375 | +66.2% |
| Gross operating margin | 9900 | €528,727 | €964,637 | +€435,910 | +82.4% |
| Operating profit (loss) | 9901 | €149,735 | €459,673 | +€309,938 | +207.0% |
| Financial income | 75/76B | €1,203 | €4,074 | +€2,871 | +238.6% |
| Recurring financial income | 75 | €1,203 | €4,074 | +€2,871 | +238.6% |
| Financial charges | 65/66B | €72,004 | €62,646 | -€9,359 | -13.0% |
| Recurring financial charges | 65 | €72,004 | €62,646 | -€9,359 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €78,934 | €401,102 | +€322,169 | +408.2% |
| Transfer from deferred taxes | 780 | €5,617 | €5,617 | = | 0.0% |
| Income taxes | 67/77 | €19,642 | €99,752 | +€80,109 | +407.8% |
| Profit (loss) for the period | 9904 | €64,908 | €306,968 | +€242,059 | +372.9% |
| Transfer from tax-exempt reserves | 789 | €10,909 | €10,909 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €75,817 | €317,876 | +€242,059 | +319.3% |
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 8 October 2026 via checked.be.