ATC: 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.
ATC
Largest movements
- Tangible fixed assets -€12,619
down €12,619 (-33.6%), from €37,535 to €24,916
of which Furniture and vehicles: -€10,170
- Deferred charges and accrued income -€12,453
no longer reported in 2025 (was €12,453)
- Receivables within one year +€9,199
up €9,199 (+18.5%), from €49,842 to €59,041
of which Trade receivables: +€11,385
- Stocks and contracts -€4,436
down €4,436 (-13.1%), from €33,982 to €29,547
- Accrued charges and deferred income -€11,600
no longer reported in 2025 (was €11,600)
- Trade debts -€6,430
no longer reported in 2025 (was €6,430)
- Debts after one year -€4,654
down €4,654 (-66.0%), from €7,048 to €2,394
- Profit (loss) carried forward +€1,529
up €1,529 (+14.9%), from -€10,266 to -€8,736
- Tax, wage and social debts -€1,401
down €1,401 (-6.8%), from €20,464 to €19,063
- Gross operating margin -€5,470
down €5,470 (-23.8%), from €22,986 to €17,516
- Other operating charges -€3,073
down €3,073 (-83.9%), from €3,661 to €588
- Depreciation -€1,107
down €1,107 (-7.7%), from €14,309 to €13,201
- Staff costs -€462
down €462 (-70.3%), from €657 to €195
- Financial charges +€289
up €289 (+19.8%), from €1,459 to €1,748
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.
Derived cash bridge
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 | €135,995 | €115,090 | -€20,906 | -15.4% |
| Fixed assets | 21/28 | €37,535 | €24,916 | -€12,619 | -33.6% |
| Tangible fixed assets | 22/27 | €37,535 | €24,916 | -€12,619 | -33.6% |
| Plant, machinery and equipment | 23 | €7,630 | €5,181 | -€2,449 | -32.1% |
| Furniture and vehicles | 24 | €29,905 | €19,735 | -€10,170 | -34.0% |
| Current assets | 29/58 | €98,461 | €90,174 | -€8,287 | -8.4% |
| Stocks and contracts in progress | 3 | €33,982 | €29,547 | -€4,436 | -13.1% |
| Stocks | 30/36 | €33,982 | €29,547 | -€4,436 | -13.1% |
| Amounts receivable within one year | 40/41 | €49,842 | €59,041 | +€9,199 | +18.5% |
| Trade receivables | 40 | €46,736 | €58,121 | +€11,385 | +24.4% |
| Other amounts receivable | 41 | €3,106 | €920 | -€2,186 | -70.4% |
| Cash at bank and in hand | 54/58 | €2,184 | €1,586 | -€598 | -27.4% |
| Deferred charges and accrued income | 490/1 | €12,453 | - | -€12,453 | |
| Total equity and liabilities | 10/49 | €135,995 | €115,090 | -€20,906 | -15.4% |
| Equity | 10/15 | €66,016 | €67,545 | +€1,529 | +2.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €57,681 | €57,681 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,821 | €12,821 | = | 0.0% |
| Distributable reserves | 133 | €43,000 | €43,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,266 | -€8,736 | +€1,529 | +14.9% |
| Amounts payable | 17/49 | €69,979 | €47,544 | -€22,435 | -32.1% |
| Amounts payable after more than one year | 17 | €7,048 | €2,394 | -€4,654 | -66.0% |
| Financial debts | 170/4 | €7,048 | €2,394 | -€4,654 | -66.0% |
| Amounts payable within one year | 42/48 | €51,331 | €45,151 | -€6,181 | -12.0% |
| Current portion of amounts payable after more than one year | 42 | €4,154 | €4,654 | +€500 | +12.0% |
| Financial debts | 43 | €6,422 | €7,770 | +€1,348 | +21.0% |
| Credit institutions | 430/8 | €6,422 | €7,770 | +€1,348 | +21.0% |
| Trade debts | 44 | €6,430 | - | -€6,430 | |
| Suppliers | 440/4 | €6,430 | - | -€6,430 | |
| Taxes, remuneration and social security | 45 | €20,464 | €19,063 | -€1,401 | -6.8% |
| Remuneration and social security | 454/9 | €20,464 | €19,063 | -€1,401 | -6.8% |
| Other amounts payable | 47/48 | €13,861 | €13,663 | -€197 | -1.4% |
| Accrued charges and deferred income | 492/3 | €11,600 | - | -€11,600 | |
| Remuneration, social security and pensions | 62 | €657 | €195 | -€462 | -70.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,309 | €13,201 | -€1,107 | -7.7% |
| Other operating charges | 640/8 | €3,661 | €588 | -€3,073 | -83.9% |
| Non-recurring operating charges | 66A | - | €260 | +€260 | |
| Gross operating margin | 9900 | €22,986 | €17,516 | -€5,470 | -23.8% |
| Operating profit (loss) | 9901 | €4,359 | €3,272 | -€1,088 | -25.0% |
| Financial income | 75/76B | €20 | €6 | -€14 | -71.9% |
| Recurring financial income | 75 | €20 | €6 | -€14 | -71.9% |
| Financial charges | 65/66B | €1,459 | €1,748 | +€289 | +19.8% |
| Recurring financial charges | 65 | €1,459 | €1,748 | +€289 | +19.8% |
| Profit (loss) for the period before taxes | 9903 | €2,920 | €1,529 | -€1,391 | -47.6% |
| Profit (loss) for the period | 9904 | €2,920 | €1,529 | -€1,391 | -47.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,920 | €1,529 | -€1,391 | -47.6% |
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 14 October 2026 via checked.be.