ATAM: 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.
ATAM
Largest movements
- Cash +€88,299
up €88,299 (+16.3%), from €542,429 to €630,728
mainly Net result for the year (+€188,539) and Other debts (+€139,591)
- Receivables within one year -€28,524
down €28,524 (-83.4%), from €34,209 to €5,685
- Tangible fixed assets +€14,154
up €14,154 (+23.9%), from €59,120 to €73,273
- Other debts +€139,591
up €139,591 (+29.0%), from €481,100 to €620,691
- Tax, wage and social debts -€48,933
down €48,933 (-54.4%), from €89,900 to €40,967
of which Taxes: -€48,933
- Debts after one year -€15,682
down €15,682 (-35.1%), from €44,663 to €28,981
- Gross operating margin +€68,844
up €68,844 (+34.2%), from €201,225 to €270,069
- Taxes +€13,377
up €13,377 (+30.2%), from €44,315 to €57,692
- Financial income -€9,442
down €9,442 (-99.8%), from €9,458 to €16
- Depreciation +€4,827
up €4,827 (+30.5%), from €15,809 to €20,636
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 | €635,758 | €711,382 | +€75,624 | +11.9% |
| Fixed assets | 21/28 | €59,120 | €73,273 | +€14,154 | +23.9% |
| Tangible fixed assets | 22/27 | €59,120 | €73,273 | +€14,154 | +23.9% |
| Furniture and vehicles | 24 | €59,120 | €73,273 | +€14,154 | +23.9% |
| Current assets | 29/58 | €576,638 | €638,109 | +€61,470 | +10.7% |
| Amounts receivable within one year | 40/41 | €34,209 | €5,685 | -€28,524 | -83.4% |
| Other amounts receivable | 41 | €34,209 | €5,685 | -€28,524 | -83.4% |
| Cash at bank and in hand | 54/58 | €542,429 | €630,728 | +€88,299 | +16.3% |
| Deferred charges and accrued income | 490/1 | - | €1,695 | +€1,695 | |
| Total equity and liabilities | 10/49 | €635,758 | €711,382 | +€75,624 | +11.9% |
| Equity | 10/15 | €5,022 | €5,061 | +€39 | +0.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22 | €61 | +€39 | +176.3% |
| Amounts payable | 17/49 | €630,736 | €706,321 | +€75,585 | +12.0% |
| Amounts payable after more than one year | 17 | €44,663 | €28,981 | -€15,682 | -35.1% |
| Financial debts | 170/4 | €44,663 | €28,981 | -€15,682 | -35.1% |
| Amounts payable within one year | 42/48 | €586,073 | €677,340 | +€91,267 | +15.6% |
| Current portion of amounts payable after more than one year | 42 | €15,073 | €15,682 | +€609 | +4.0% |
| Taxes, remuneration and social security | 45 | €89,900 | €40,967 | -€48,933 | -54.4% |
| Taxes | 450/3 | €87,600 | €38,667 | -€48,933 | -55.9% |
| Remuneration and social security | 454/9 | €2,300 | €2,300 | = | 0.0% |
| Other amounts payable | 47/48 | €481,100 | €620,691 | +€139,591 | +29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,809 | €20,636 | +€4,827 | +30.5% |
| Other operating charges | 640/8 | €835 | €962 | +€127 | +15.3% |
| Non-recurring operating charges | 66A | €426 | - | -€426 | |
| Gross operating margin | 9900 | €201,225 | €270,069 | +€68,844 | +34.2% |
| Operating profit (loss) | 9901 | €184,155 | €248,470 | +€64,315 | +34.9% |
| Financial income | 75/76B | €9,458 | €16 | -€9,442 | -99.8% |
| Recurring financial income | 75 | €9,458 | €16 | -€9,442 | -99.8% |
| Financial charges | 65/66B | €2,831 | €2,256 | -€576 | -20.3% |
| Recurring financial charges | 65 | €2,831 | €2,256 | -€576 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | €190,782 | €246,231 | +€55,449 | +29.1% |
| Income taxes | 67/77 | €44,315 | €57,692 | +€13,377 | +30.2% |
| Profit (loss) for the period | 9904 | €146,467 | €188,539 | +€42,072 | +28.7% |
| Profit (loss) for the period to be appropriated | 9905 | €146,467 | €188,539 | +€42,072 | +28.7% |
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 9 October 2026 via checked.be.