ATAN: 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.
ATAN
Largest movements
- Tangible fixed assets -€37,266
down €37,266 (-5.4%), from €692,204 to €654,938
- Debts after one year -€87,292
down €87,292 (-17.7%), from €494,045 to €406,752
- Reserves +€18,000
up €18,000 (+8.5%), from €212,518 to €230,518
of which Distributable reserves: +€18,000
- Other debts +€12,389
up €12,389 (+11.6%), from €106,974 to €119,363
- Gross operating margin +€12,711
up €12,711 (+14.8%), from €85,846 to €98,557
- Taxes +€3,376
up €3,376 (+40.6%), from €8,320 to €11,696
- Financial charges +€1,874
up €1,874 (+8.6%), from €21,805 to €23,679
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 | €1,150,081 | €1,107,859 | -€42,222 | -3.7% |
| Fixed assets | 21/28 | €1,131,472 | €1,094,206 | -€37,266 | -3.3% |
| Tangible fixed assets | 22/27 | €692,204 | €654,938 | -€37,266 | -5.4% |
| Land and buildings | 22 | €692,204 | €654,938 | -€37,266 | -5.4% |
| Financial fixed assets | 28 | €439,268 | €439,268 | = | 0.0% |
| Current assets | 29/58 | €18,609 | €13,653 | -€4,956 | -26.6% |
| Amounts receivable within one year | 40/41 | €10,075 | €9,890 | -€185 | -1.8% |
| Trade receivables | 40 | €7,260 | €7,075 | -€185 | -2.5% |
| Other amounts receivable | 41 | €2,815 | €2,815 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €8,534 | €3,763 | -€4,771 | -55.9% |
| Total equity and liabilities | 10/49 | €1,150,081 | €1,107,859 | -€42,222 | -3.7% |
| Equity | 10/15 | €455,615 | €473,645 | +€18,029 | +4.0% |
| Contributions | 10/11 | €160,000 | €160,000 | = | 0.0% |
| Reserves | 13 | €212,518 | €230,518 | +€18,000 | +8.5% |
| Non-distributable reserves | 130/1 | €16,000 | €16,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €16,000 | €16,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €22,018 | €22,018 | = | 0.0% |
| Distributable reserves | 133 | €174,500 | €192,500 | +€18,000 | +10.3% |
| Profit (loss) carried forward | 14 | €83,097 | €83,127 | +€29 | 0.0% |
| Amounts payable | 17/49 | €694,466 | €634,214 | -€60,252 | -8.7% |
| Amounts payable after more than one year | 17 | €494,045 | €406,752 | -€87,292 | -17.7% |
| Financial debts | 170/4 | €494,045 | €406,752 | -€87,292 | -17.7% |
| Amounts payable within one year | 42/48 | €200,421 | €221,752 | +€21,331 | +10.6% |
| Current portion of amounts payable after more than one year | 42 | €83,944 | €87,292 | +€3,348 | +4.0% |
| Trade debts | 44 | €384 | - | -€384 | |
| Suppliers | 440/4 | €384 | - | -€384 | |
| Taxes, remuneration and social security | 45 | €9,119 | €15,097 | +€5,978 | +65.6% |
| Taxes | 450/3 | €9,119 | €15,097 | +€5,978 | +65.6% |
| Other amounts payable | 47/48 | €106,974 | €119,363 | +€12,389 | +11.6% |
| Accrued charges and deferred income | 492/3 | - | €5,710 | +€5,710 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,266 | €37,266 | = | 0.0% |
| Other operating charges | 640/8 | €7,602 | €7,888 | +€285 | +3.8% |
| Gross operating margin | 9900 | €85,846 | €98,557 | +€12,711 | +14.8% |
| Operating profit (loss) | 9901 | €40,978 | €53,404 | +€12,426 | +30.3% |
| Financial charges | 65/66B | €21,805 | €23,679 | +€1,874 | +8.6% |
| Recurring financial charges | 65 | €21,805 | €23,679 | +€1,874 | +8.6% |
| Profit (loss) for the period before taxes | 9903 | €19,173 | €29,725 | +€10,552 | +55.0% |
| Income taxes | 67/77 | €8,320 | €11,696 | +€3,376 | +40.6% |
| Profit (loss) for the period | 9904 | €10,853 | €18,029 | +€7,176 | +66.1% |
| Profit (loss) for the period to be appropriated | 9905 | €10,853 | €18,029 | +€7,176 | +66.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.