ATC CONSULT: 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.
ATC CONSULT
Largest movements
- Financial fixed assets +€280,000
up €280,000 (+40.6%), from €689,146 to €969,146
- Cash -€57,433
down €57,433 (-16.0%), from €359,660 to €302,227
mainly Investment in fixed assets (net) (-€285,285) and Contributions, distributions and other (-€177,045)
- Tangible fixed assets -€22,565
down €22,565 (-5.7%), from €395,618 to €373,053
of which Leasing and similar rights: -€14,096
- Debts after one year +€102,547
up €102,547 (+42.3%), from €242,223 to €344,770
- Other debts +€71,564
up €71,564 (+52.0%), from €137,604 to €209,168
- Gross operating margin -€13,785
down €13,785 (-4.1%), from €338,771 to €324,986
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 | €1,468,624 | €1,670,336 | +€201,712 | +13.7% |
| Fixed assets | 21/28 | €1,084,764 | €1,342,199 | +€257,435 | +23.7% |
| Tangible fixed assets | 22/27 | €395,618 | €373,053 | -€22,565 | -5.7% |
| Land and buildings | 22 | €380,948 | €373,053 | -€7,895 | -2.1% |
| Furniture and vehicles | 24 | €574 | - | -€574 | |
| Leasing and similar rights | 25 | €14,096 | - | -€14,096 | |
| Financial fixed assets | 28 | €689,146 | €969,146 | +€280,000 | +40.6% |
| Current assets | 29/58 | €383,860 | €328,137 | -€55,723 | -14.5% |
| Amounts receivable within one year | 40/41 | €24,200 | €25,910 | +€1,710 | +7.1% |
| Trade receivables | 40 | €24,200 | €24,200 | = | 0.0% |
| Other amounts receivable | 41 | - | €1,710 | +€1,710 | |
| Cash at bank and in hand | 54/58 | €359,660 | €302,227 | -€57,433 | -16.0% |
| Total equity and liabilities | 10/49 | €1,468,624 | €1,670,336 | +€201,712 | +13.7% |
| Equity | 10/15 | €860,802 | €877,039 | +€16,237 | +1.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €792,870 | €806,625 | +€13,755 | +1.7% |
| 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 | €63,766 | €61,721 | -€2,045 | -3.2% |
| Distributable reserves | 133 | €727,244 | €743,044 | +€15,800 | +2.2% |
| Profit (loss) carried forward | 14 | €55,532 | €58,014 | +€2,482 | +4.5% |
| Provisions and deferred taxes | 16 | €82,175 | €81,494 | -€681 | -0.8% |
| Provisions for liabilities and charges | 160/5 | €60,920 | €60,920 | = | 0.0% |
| Pensions and similar obligations | 160 | €60,920 | €60,920 | = | 0.0% |
| Deferred taxes | 168 | €21,255 | €20,574 | -€681 | -3.2% |
| Amounts payable | 17/49 | €525,647 | €711,803 | +€186,156 | +35.4% |
| Amounts payable after more than one year | 17 | €242,223 | €344,770 | +€102,547 | +42.3% |
| Financial debts | 170/4 | €242,223 | €344,770 | +€102,547 | +42.3% |
| Amounts payable within one year | 42/48 | €283,424 | €367,033 | +€83,609 | +29.5% |
| Current portion of amounts payable after more than one year | 42 | €30,843 | €43,753 | +€12,910 | +41.9% |
| Trade debts | 44 | €4,394 | €330 | -€4,064 | -92.5% |
| Suppliers | 440/4 | €4,394 | €330 | -€4,064 | -92.5% |
| Taxes, remuneration and social security | 45 | €110,583 | €113,782 | +€3,199 | +2.9% |
| Taxes | 450/3 | €110,583 | €113,782 | +€3,199 | +2.9% |
| Other amounts payable | 47/48 | €137,604 | €209,168 | +€71,564 | +52.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,897 | €27,850 | -€2,047 | -6.8% |
| Other operating charges | 640/8 | €2,887 | €2,444 | -€443 | -15.3% |
| Gross operating margin | 9900 | €338,771 | €324,986 | -€13,785 | -4.1% |
| Operating profit (loss) | 9901 | €305,987 | €294,692 | -€11,295 | -3.7% |
| Financial income | 75/76B | €1,340 | €2,292 | +€952 | +71.0% |
| Recurring financial income | 75 | €1,340 | €2,292 | +€952 | +71.0% |
| Financial charges | 65/66B | €5,874 | €5,783 | -€91 | -1.5% |
| Recurring financial charges | 65 | €5,874 | €5,783 | -€91 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | €301,453 | €291,201 | -€10,252 | -3.4% |
| Transfer from deferred taxes | 780 | €2,707 | €2,726 | +€19 | +0.7% |
| Income taxes | 67/77 | €102,213 | €100,645 | -€1,568 | -1.5% |
| Profit (loss) for the period | 9904 | €201,947 | €193,282 | -€8,665 | -4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €201,947 | €193,282 | -€8,665 | -4.3% |
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 8 October 2026 via checked.be.