ATAGI: 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.
ATAGI
Largest movements
- Receivables within one year +€19,157
up €19,157 (+25.8%), from €74,178 to €93,334
of which Trade receivables: +€18,910
- Cash -€18,083
down €18,083 (-25.9%), from €69,894 to €51,811
mainly Tax, wage and social debts (-€24,461) and Receivables within one year (-€19,157)
- Tangible fixed assets -€4,736
down €4,736 (-47.4%), from €9,990 to €5,253
of which Leasing and similar rights: -€5,897
- Tax, wage and social debts -€24,461
down €24,461 (-97.7%), from €25,045 to €584
- Profit (loss) carried forward +€20,233
up €20,233 (+20.0%), from €101,192 to €121,425
- Other debts +€5,235
up €5,235 (+48.9%), from €10,697 to €15,932
- Debts after one year -€5,023
no longer reported in 2025 (was €5,023)
- Gross operating margin -€10,695
down €10,695 (-21.4%), from €50,055 to €39,361
- Taxes -€1,765
down €1,765 (-18.1%), from €9,759 to €7,994
- Other operating charges +€1,021
up €1,021 (+84.0%), from €1,216 to €2,238
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 | €154,315 | €152,114 | -€2,200 | -1.4% |
| Fixed assets | 21/28 | €9,990 | €5,253 | -€4,736 | -47.4% |
| Tangible fixed assets | 22/27 | €9,990 | €5,253 | -€4,736 | -47.4% |
| Plant, machinery and equipment | 23 | - | €2,125 | +€2,125 | |
| Furniture and vehicles | 24 | €3,074 | €2,110 | -€964 | -31.4% |
| Leasing and similar rights | 25 | €6,915 | €1,018 | -€5,897 | -85.3% |
| Current assets | 29/58 | €144,325 | €146,861 | +€2,536 | +1.8% |
| Amounts receivable within one year | 40/41 | €74,178 | €93,334 | +€19,157 | +25.8% |
| Trade receivables | 40 | €64,921 | €83,830 | +€18,910 | +29.1% |
| Other amounts receivable | 41 | €9,257 | €9,504 | +€247 | +2.7% |
| Cash at bank and in hand | 54/58 | €69,894 | €51,811 | -€18,083 | -25.9% |
| Deferred charges and accrued income | 490/1 | €253 | €1,716 | +€1,462 | +577.3% |
| Total equity and liabilities | 10/49 | €154,315 | €152,114 | -€2,200 | -1.4% |
| Equity | 10/15 | €105,192 | €125,425 | +€20,233 | +19.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €101,192 | €121,425 | +€20,233 | +20.0% |
| Amounts payable | 17/49 | €49,123 | €26,689 | -€22,434 | -45.7% |
| Amounts payable after more than one year | 17 | €5,023 | - | -€5,023 | |
| Financial debts | 170/4 | €5,023 | - | -€5,023 | |
| Amounts payable within one year | 42/48 | €44,101 | €26,689 | -€17,411 | -39.5% |
| Current portion of amounts payable after more than one year | 42 | €3,598 | €5,023 | +€1,424 | +39.6% |
| Trade debts | 44 | €4,760 | €5,151 | +€391 | +8.2% |
| Suppliers | 440/4 | €4,760 | €5,151 | +€391 | +8.2% |
| Taxes, remuneration and social security | 45 | €25,045 | €584 | -€24,461 | -97.7% |
| Taxes | 450/3 | €25,045 | €584 | -€24,461 | -97.7% |
| Other amounts payable | 47/48 | €10,697 | €15,932 | +€5,235 | +48.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,338 | €7,132 | -€205 | -2.8% |
| Other operating charges | 640/8 | €1,216 | €2,238 | +€1,021 | +84.0% |
| Non-recurring operating charges | 66A | - | €1,328 | +€1,328 | |
| Gross operating margin | 9900 | €50,055 | €39,361 | -€10,695 | -21.4% |
| Operating profit (loss) | 9901 | €41,502 | €28,663 | -€12,839 | -30.9% |
| Financial income | 75/76B | €5 | €30 | +€25 | +534.7% |
| Recurring financial income | 75 | €5 | €30 | +€25 | +534.7% |
| Financial charges | 65/66B | €163 | €467 | +€303 | +185.5% |
| Recurring financial charges | 65 | €163 | €467 | +€303 | +185.5% |
| Profit (loss) for the period before taxes | 9903 | €41,343 | €28,227 | -€13,116 | -31.7% |
| Income taxes | 67/77 | €9,759 | €7,994 | -€1,765 | -18.1% |
| Profit (loss) for the period | 9904 | €31,584 | €20,233 | -€11,351 | -35.9% |
| Profit (loss) for the period to be appropriated | 9905 | €31,584 | €20,233 | -€11,351 | -35.9% |
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 3 October 2026 via checked.be.