ATAVUS: 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
ATAVUS
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€565,961
2024 · €7.9m-€7.3m
Equity
€93.0m
2024 · €92.4m+€565,961
Cash
€995,279
2024 · €972,958+€22,321
Balance sheet total
€104.8m
2024 · €102.4m+€2.4m
Largest movements
Assets
- Financial fixed assets +€6.1m
up €6.1m (+7.6%), from €80.0m to €86.1m
of which Affiliated companies: +€5.8m
- Current investments -€4.0m
down €4.0m (-26.2%), from €15.4m to €11.4m
Equity and liabilities
- Debts after one year +€1.7m
new in 2025: €1.7m
Income statement
- Financial income -€8.9m
down €8.9m (-89.6%), from €9.9m to €1.0m
of which Non-recurring financial income: -€5.8m
- Financial charges -€1.2m
down €1.2m (-75.1%), from €1.6m to €394,485
of which Non-recurring financial charges: -€702,398
- Turnover +€700,822
up €700,822 (+42.4%), from €1.7m to €2.4m
- Services and other goods +€182,568
up €182,568 (+13.0%), from €1.4m to €1.6m
- Taxes -€154,567
down €154,567 (-44.9%), from €344,242 to €189,675
of which Taxes: -€154,554
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
€7.9m
Turnover
+€700,822
Other operating income
+€1,941
Goods and materials
-€11,680
Services and other goods
-€182,568
Staff costs
-€146,813
Depreciation
-€123,406
Other operating charges
+€20,584
Other operating items
-€28,339
Financial income
-€8.9m
Financial charges
+€1.2m
Taxes
+€154,567
Result 2025
€565,961
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
+€725,980
Investment
-€2.6m
Financing
+€1.9m
Cash 2024
€972,958
From operations (derived)
+€725,980
Net result for the year
+€565,961
Depreciation
+€173,936
Receivables within one year
+€97,108
Deferred charges and accrued income
-€27,628
Trade debts
+€25,403
Tax, wage and social debts
-€174,228
Other debts
+€60,121
Accrued charges and deferred income
+€5,307
Investment (derived)
-€2.6m
Investment in fixed assets (net)
-€6.7m
Current investments
+€4.0m
Financing
+€1.9m
Debts after one year
+€1.7m
Current portion of long-term debt
+€200,000
Cash 2025
€995,279
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €102,351,924 | €104,751,154 | +€2.4m | +2.3% |
| Fixed assets | 21/28 | €82,661,941 | €89,139,252 | +€6.5m | +7.8% |
| Tangible fixed assets | 22/27 | €2,615,692 | €3,017,285 | +€401,594 | +15.4% |
| Land and buildings | 22 | €2,344,592 | €2,298,897 | -€45,695 | -1.9% |
| Plant, machinery and equipment | 23 | €143,104 | €509,213 | +€366,109 | +255.8% |
| Furniture and vehicles | 24 | €127,996 | €209,176 | +€81,180 | +63.4% |
| Financial fixed assets | 28 | €80,046,249 | €86,121,966 | +€6.1m | +7.6% |
| Affiliated companies | 280/1 | €80,046,249 | €85,855,966 | +€5.8m | +7.3% |
| Participating interests | 280 | €68,345,092 | €69,145,092 | +€800,000 | +1.2% |
| Amounts receivable | 281 | €11,701,157 | €16,710,874 | +€5.0m | +42.8% |
| Other financial fixed assets | 284/8 | - | €266,000 | +€266,000 | |
| Amounts receivable and cash guarantees | 285/8 | - | €266,000 | +€266,000 | |
| Current assets | 29/58 | €19,689,983 | €15,611,902 | -€4.1m | -20.7% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €2,668,315 | €2,571,207 | -€97,108 | -3.6% |
| Trade receivables | 40 | €545,409 | €499,632 | -€45,777 | -8.4% |
| Other amounts receivable | 41 | €2,122,906 | €2,071,575 | -€51,331 | -2.4% |
| Current investments | 50/53 | €15,394,363 | €11,363,441 | -€4.0m | -26.2% |
| Other investments | 51/53 | €15,394,363 | €11,363,441 | -€4.0m | -26.2% |
| Cash at bank and in hand | 54/58 | €972,958 | €995,279 | +€22,321 | +2.3% |
| Deferred charges and accrued income | 490/1 | €654,348 | €681,975 | +€27,628 | +4.2% |
| Total equity and liabilities | 10/49 | €102,351,924 | €104,751,154 | +€2.4m | +2.3% |
| Equity | 10/15 | €92,408,493 | €92,974,453 | +€565,961 | +0.6% |
| Contributions | 10/11 | €2,093,080 | €2,093,080 | = | 0.0% |
| Reserves | 13 | €90,315,413 | €90,881,374 | +€565,961 | +0.6% |
| Distributable reserves | 133 | €90,315,413 | €90,881,374 | +€565,961 | +0.6% |
| Amounts payable | 17/49 | €9,943,431 | €11,776,701 | +€1.8m | +18.4% |
| Amounts payable after more than one year | 17 | - | €1,716,667 | +€1.7m | |
| Financial debts | 170/4 | - | €1,716,667 | +€1.7m | |
| Credit institutions | 173 | - | €1,716,667 | +€1.7m | |
| Amounts payable within one year | 42/48 | €9,589,687 | €9,700,983 | +€111,296 | +1.2% |
| Current portion of amounts payable after more than one year | 42 | - | €200,000 | +€200,000 | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €404,562 | €429,965 | +€25,403 | +6.3% |
| Suppliers | 440/4 | €404,562 | €429,965 | +€25,403 | +6.3% |
| Taxes, remuneration and social security | 45 | €265,250 | €91,022 | -€174,228 | -65.7% |
| Taxes | 450/3 | €211,307 | €40,335 | -€170,972 | -80.9% |
| Remuneration and social security | 454/9 | €53,942 | €50,687 | -€3,256 | -6.0% |
| Other amounts payable | 47/48 | €8,919,876 | €8,979,996 | +€60,121 | +0.7% |
| Accrued charges and deferred income | 492/3 | €353,744 | €359,051 | +€5,307 | +1.5% |
| Operating income | 70/76A | €1,661,049 | €2,363,812 | +€702,763 | +42.3% |
| Turnover | 70 | €1,651,700 | €2,352,522 | +€700,822 | +42.4% |
| Other operating income | 74 | €9,349 | €11,290 | +€1,941 | +20.8% |
| Operating charges | 60/66A | €1,772,371 | €2,244,592 | +€472,221 | +26.6% |
| Goods for resale, raw materials and consumables | 60 | €6,161 | €17,841 | +€11,680 | +189.6% |
| Purchases | 600/8 | €6,161 | €17,841 | +€11,680 | +189.6% |
| Services and other goods | 61 | €1,407,093 | €1,589,661 | +€182,568 | +13.0% |
| Remuneration, social security and pensions | 62 | €283,497 | €430,310 | +€146,813 | +51.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,530 | €173,936 | +€123,406 | +244.2% |
| Other operating charges | 640/8 | €25,090 | €4,506 | -€20,584 | -82.0% |
| Non-recurring operating charges | 66A | - | €28,339 | +€28,339 | |
| Operating profit (loss) | 9901 | -€111,322 | €119,220 | +€230,543 | |
| Financial income | 75/76B | €9,908,939 | €1,030,901 | -€8.9m | -89.6% |
| Recurring financial income | 75 | €4,103,169 | €1,030,901 | -€3.1m | -74.9% |
| Income from financial fixed assets | 750 | - | €686,836 | +€686,836 | |
| Income from current assets | 751 | €326,076 | €344,065 | +€17,989 | +5.5% |
| Other financial income | 752/9 | €3,777,092 | €0 | -€3.8m | -100.0% |
| Non-recurring financial income | 76B | €5,805,770 | €0 | -€5.8m | -100.0% |
| Financial charges | 65/66B | €1,583,415 | €394,485 | -€1.2m | -75.1% |
| Recurring financial charges | 65 | €881,017 | €394,485 | -€486,532 | -55.2% |
| Debt charges | 650 | €508,080 | €380,497 | -€127,582 | -25.1% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | -€34,628 | -€72,693 | -€38,064 | -109.9% |
| Other financial charges | 652/9 | €407,566 | €86,681 | -€320,885 | -78.7% |
| Non-recurring financial charges | 66B | €702,398 | €0 | -€702,398 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €8,214,201 | €755,636 | -€7.5m | -90.8% |
| Income taxes | 67/77 | €344,242 | €189,675 | -€154,567 | -44.9% |
| Taxes | 670/3 | €344,242 | €189,689 | -€154,554 | -44.9% |
| Tax adjustments and reversals of tax provisions | 77 | - | €14 | +€14 | |
| Profit (loss) for the period | 9904 | €7,869,959 | €565,961 | -€7.3m | -92.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,869,959 | €565,961 | -€7.3m | -92.8% |
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 2 October 2026 via checked.be.