ATCN: 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.
ATCN
Largest movements
- Tangible fixed assets -€14,779
down €14,779 (-17.0%), from €86,985 to €72,206
of which Furniture and vehicles: -€14,092
- Stocks and contracts +€11,161
up €11,161 (+110.3%), from €10,115 to €21,276
of which Contracts in progress: +€9,409
- Receivables within one year -€4,431
down €4,431 (-14.9%), from €29,687 to €25,256
of which Trade receivables: -€4,482
- Cash -€4,021
no longer reported in 2024 (was €4,021)
mainly Net result for the year (-€21,308) and Stocks and contracts (-€11,161)
- Profit (loss) carried forward -€21,308
down €21,308 (-248.8%), from -€8,564 to -€29,872
- Trade debts +€14,050
up €14,050 (+227.6%), from €6,174 to €20,225
- Other debts -€8,940
down €8,940 (-9.9%), from €90,499 to €81,559
- Short-term financial debts +€2,926
new in 2024: €2,926
- Staff costs +€8,406
up €8,406 (+114.6%), from €7,337 to €15,743
- Gross operating margin -€5,730
down €5,730 (-28.6%), from €20,062 to €14,332
- Financial income +€1,008
up €1,008 (+3507.0%), from €29 to €1,037
- Financial charges +€873
up €873 (+1057.7%), from €83 to €956
- Depreciation +€800
up €800 (+4.3%), from €18,640 to €19,441
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €136,413 | €124,438 | -€11,974 | -8.8% |
| Formation expenses | 20 | €362 | €0 | -€362 | -100.0% |
| Fixed assets | 21/28 | €91,485 | €77,906 | -€13,579 | -14.8% |
| Tangible fixed assets | 22/27 | €86,985 | €72,206 | -€14,779 | -17.0% |
| Plant, machinery and equipment | 23 | €687 | €0 | -€687 | -100.0% |
| Furniture and vehicles | 24 | €86,298 | €72,206 | -€14,092 | -16.3% |
| Financial fixed assets | 28 | €4,500 | €5,700 | +€1,200 | +26.7% |
| Current assets | 29/58 | €44,566 | €46,533 | +€1,966 | +4.4% |
| Stocks and contracts in progress | 3 | €10,115 | €21,276 | +€11,161 | +110.3% |
| Stocks | 30/36 | €2,835 | €4,587 | +€1,752 | +61.8% |
| Contracts in progress | 37 | €7,280 | €16,689 | +€9,409 | +129.2% |
| Amounts receivable within one year | 40/41 | €29,687 | €25,256 | -€4,431 | -14.9% |
| Trade receivables | 40 | €29,687 | €25,205 | -€4,482 | -15.1% |
| Other amounts receivable | 41 | €0 | €51 | +€51 | |
| Cash at bank and in hand | 54/58 | €4,021 | - | -€4,021 | |
| Deferred charges and accrued income | 490/1 | €743 | €0 | -€743 | -100.0% |
| Total equity and liabilities | 10/49 | €136,413 | €124,438 | -€11,974 | -8.8% |
| Equity | 10/15 | €28,485 | €7,177 | -€21,308 | -74.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €18,449 | €18,449 | = | 0.0% |
| Distributable reserves | 133 | €18,449 | €18,449 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,564 | -€29,872 | -€21,308 | -248.8% |
| Amounts payable | 17/49 | €107,928 | €117,261 | +€9,333 | +8.6% |
| Amounts payable within one year | 42/48 | €107,928 | €117,261 | +€9,333 | +8.6% |
| Financial debts | 43 | - | €2,926 | +€2,926 | |
| Credit institutions | 430/8 | - | €2,926 | +€2,926 | |
| Trade debts | 44 | €6,174 | €20,225 | +€14,050 | +227.6% |
| Suppliers | 440/4 | €6,174 | €20,225 | +€14,050 | +227.6% |
| Taxes, remuneration and social security | 45 | €11,255 | €12,552 | +€1,297 | +11.5% |
| Taxes | 450/3 | €11,099 | €12,552 | +€1,453 | +13.1% |
| Remuneration and social security | 454/9 | €155 | €0 | -€155 | -100.0% |
| Other amounts payable | 47/48 | €90,499 | €81,559 | -€8,940 | -9.9% |
| Accrued charges and deferred income | 492/3 | - | €0 | = | |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €7,337 | €15,743 | +€8,406 | +114.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,640 | €19,441 | +€800 | +4.3% |
| Other operating charges | 640/8 | €384 | €536 | +€152 | +39.4% |
| Gross operating margin | 9900 | €20,062 | €14,332 | -€5,730 | -28.6% |
| Operating profit (loss) | 9901 | -€6,300 | -€21,388 | -€15,089 | -239.5% |
| Financial income | 75/76B | €29 | €1,037 | +€1,008 | +3507.0% |
| Recurring financial income | 75 | €29 | €1,037 | +€1,008 | +3507.0% |
| Financial charges | 65/66B | €83 | €956 | +€873 | +1057.7% |
| Recurring financial charges | 65 | €83 | €956 | +€873 | +1057.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,353 | -€21,308 | -€14,954 | -235.4% |
| Profit (loss) for the period | 9904 | -€6,353 | -€21,308 | -€14,954 | -235.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,353 | -€21,308 | -€14,954 | -235.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.