ATACO: 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.
ATACO
Largest movements
- Tangible fixed assets -€11,319
down €11,319 (-6.3%), from €178,593 to €167,275
of which Land and buildings: -€7,547
- Receivables within one year -€9,790
down €9,790 (-63.0%), from €15,532 to €5,742
of which Trade receivables: -€9,790
- Receivables after one year -€8,000
down €8,000 (-3.6%), from €223,000 to €215,000
- Cash +€7,375
up €7,375 (+78.3%), from €9,415 to €16,791
mainly Other debts (+€57,428) and Net result for the year (+€19,850)
- Debts after one year -€60,540
down €60,540 (-27.7%), from €218,793 to €158,252
- Other debts +€57,428
up €57,428 (+85.7%), from €66,989 to €124,417
- Reserves -€30,150
down €30,150 (-49.3%), from €61,190 to €31,039
- Accrued charges and deferred income +€6,915
up €6,915 (+136.5%), from €5,065 to €11,980
- Depreciation -€13,308
down €13,308 (-50.4%), from €26,424 to €13,116
- Financial charges +€5,940
up €5,940 (+105.3%), from €5,639 to €11,579
- Other operating charges +€5,759
up €5,759 (+246.9%), from €2,333 to €8,092
- Gross operating margin +€2,678
up €2,678 (+4.8%), from €56,022 to €58,700
- Taxes +€966
up €966 (+18.9%), from €5,098 to €6,064
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €428,847 | €407,270 | -€21,577 | -5.0% |
| Fixed assets | 21/28 | €178,594 | €167,275 | -€11,319 | -6.3% |
| Tangible fixed assets | 22/27 | €178,593 | €167,275 | -€11,319 | -6.3% |
| Land and buildings | 22 | €174,055 | €166,508 | -€7,547 | -4.3% |
| Furniture and vehicles | 24 | €1,190 | €767 | -€423 | -35.5% |
| Other tangible fixed assets | 26 | €3,349 | €0 | -€3,349 | -100.0% |
| Financial fixed assets | 28 | €0 | €0 | = | 0.0% |
| Current assets | 29/58 | €250,254 | €239,995 | -€10,258 | -4.1% |
| Amounts receivable after more than one year | 29 | €223,000 | €215,000 | -€8,000 | -3.6% |
| Other amounts receivable | 291 | €223,000 | €215,000 | -€8,000 | -3.6% |
| Amounts receivable within one year | 40/41 | €15,532 | €5,742 | -€9,790 | -63.0% |
| Trade receivables | 40 | €14,630 | €4,840 | -€9,790 | -66.9% |
| Other amounts receivable | 41 | €902 | €902 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €9,415 | €16,791 | +€7,375 | +78.3% |
| Deferred charges and accrued income | 490/1 | €2,307 | €2,463 | +€156 | +6.8% |
| Total equity and liabilities | 10/49 | €428,847 | €407,270 | -€21,577 | -5.0% |
| Equity | 10/15 | €66,190 | €36,039 | -€30,150 | -45.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €61,190 | €31,039 | -€30,150 | -49.3% |
| Distributable reserves | 133 | €61,190 | €31,039 | -€30,150 | -49.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €362,658 | €371,231 | +€8,573 | +2.4% |
| Amounts payable after more than one year | 17 | €218,793 | €158,252 | -€60,540 | -27.7% |
| Financial debts | 170/4 | €218,793 | €158,252 | -€60,540 | -27.7% |
| Amounts payable within one year | 42/48 | €138,800 | €200,999 | +€62,199 | +44.8% |
| Current portion of amounts payable after more than one year | 42 | €59,601 | €60,540 | +€939 | +1.6% |
| Trade debts | 44 | €1,058 | €661 | -€397 | -37.5% |
| Suppliers | 440/4 | €1,058 | €661 | -€397 | -37.5% |
| Taxes, remuneration and social security | 45 | €11,152 | €15,381 | +€4,229 | +37.9% |
| Taxes | 450/3 | €8,839 | €12,668 | +€3,829 | +43.3% |
| Remuneration and social security | 454/9 | €2,313 | €2,713 | +€400 | +17.3% |
| Other amounts payable | 47/48 | €66,989 | €124,417 | +€57,428 | +85.7% |
| Accrued charges and deferred income | 492/3 | €5,065 | €11,980 | +€6,915 | +136.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,424 | €13,116 | -€13,308 | -50.4% |
| Other operating charges | 640/8 | €2,333 | €8,092 | +€5,759 | +246.9% |
| Gross operating margin | 9900 | €56,022 | €58,700 | +€2,678 | +4.8% |
| Operating profit (loss) | 9901 | €27,265 | €37,492 | +€10,227 | +37.5% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €5,639 | €11,579 | +€5,940 | +105.3% |
| Recurring financial charges | 65 | €5,639 | €11,579 | +€5,940 | +105.3% |
| Profit (loss) for the period before taxes | 9903 | €21,626 | €25,914 | +€4,288 | +19.8% |
| Income taxes | 67/77 | €5,098 | €6,064 | +€966 | +18.9% |
| Profit (loss) for the period | 9904 | €16,528 | €19,850 | +€3,322 | +20.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16,528 | €19,850 | +€3,322 | +20.1% |
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 10 October 2026 via checked.be.