ATCOM: 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.
ATCOM
Largest movements
- Current investments +€80,000
up €80,000 (+1,908%), from €4,192 to €84,192
- Cash -€63,173
down €63,173 (-9.0%), from €699,977 to €636,804
mainly Contributions, distributions and other (-€700,000) and Current investments (-€80,000)
- Tangible fixed assets -€20,143
down €20,143 (-5.4%), from €373,657 to €353,514
of which Land and buildings: -€10,434
- Contributions -€700,000
down €700,000 (-90.5%), from €773,800 to €73,800
- Other debts +€690,680
up €690,680 (+16,932%), from €4,079 to €694,759
- Reserves +€13,986
up €13,986 (+4.9%), from €283,743 to €297,729
of which Distributable reserves: +€13,986
- Depreciation -€5,350
down €5,350 (-19.1%), from €27,972 to €22,622
- Taxes +€3,323
up €3,323 (+134%), from €2,483 to €5,806
- Financial income +€2,746
up €2,746 (+20.4%), from €13,480 to €16,226
- Gross operating margin -€2,558
down €2,558 (-6.1%), from €42,228 to €39,670
- Other operating charges +€658
up €658 (+5.5%), from €11,870 to €12,528
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 | €1,085,510 | €1,085,881 | +€371 | 0.0% |
| Fixed assets | 21/28 | €373,657 | €353,514 | -€20,143 | -5.4% |
| Tangible fixed assets | 22/27 | €373,657 | €353,514 | -€20,143 | -5.4% |
| Land and buildings | 22 | €335,399 | €324,964 | -€10,434 | -3.1% |
| Furniture and vehicles | 24 | €38,258 | €28,549 | -€9,709 | -25.4% |
| Current assets | 29/58 | €711,853 | €732,367 | +€20,514 | +2.9% |
| Amounts receivable within one year | 40/41 | €7,684 | €6,112 | -€1,572 | -20.5% |
| Trade receivables | 40 | €6,123 | €6,050 | -€73 | -1.2% |
| Other amounts receivable | 41 | €1,561 | €62 | -€1,499 | -96.0% |
| Current investments | 50/53 | €4,192 | €84,192 | +€80,000 | +1,908% |
| Cash at bank and in hand | 54/58 | €699,977 | €636,804 | -€63,173 | -9.0% |
| Deferred charges and accrued income | 490/1 | €0 | €5,259 | +€5,259 | +2,921,489% |
| Total equity and liabilities | 10/49 | €1,085,510 | €1,085,881 | +€371 | 0.0% |
| Equity | 10/15 | €1,057,543 | €371,529 | -€686,014 | -64.9% |
| Contributions | 10/11 | €773,800 | €73,800 | -€700,000 | -90.5% |
| Capital | 10 | €773,800 | €73,800 | -€700,000 | -90.5% |
| Issued capital | 100 | €773,800 | €73,800 | -€700,000 | -90.5% |
| Reserves | 13 | €283,743 | €297,729 | +€13,986 | +4.9% |
| Non-distributable reserves | 130/1 | €18,883 | €18,883 | = | 0.0% |
| Legal reserve | 130 | €18,883 | €18,883 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €227,360 | €241,346 | +€13,986 | +6.2% |
| Amounts payable | 17/49 | €27,967 | €714,351 | +€686,384 | +2,454% |
| Amounts payable within one year | 42/48 | €26,666 | €713,289 | +€686,623 | +2,575% |
| Trade debts | 44 | €16,988 | €15,307 | -€1,682 | -9.9% |
| Suppliers | 440/4 | €16,988 | €15,307 | -€1,682 | -9.9% |
| Taxes, remuneration and social security | 45 | €5,599 | €3,224 | -€2,375 | -42.4% |
| Taxes | 450/3 | €4,313 | €3,224 | -€1,089 | -25.3% |
| Remuneration and social security | 454/9 | €1,286 | €0 | -€1,286 | -100% |
| Other amounts payable | 47/48 | €4,079 | €694,759 | +€690,680 | +16,932% |
| Accrued charges and deferred income | 492/3 | €1,301 | €1,062 | -€238 | -18.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,972 | €22,622 | -€5,350 | -19.1% |
| Other operating charges | 640/8 | €11,870 | €12,528 | +€658 | +5.5% |
| Gross operating margin | 9900 | €42,228 | €39,670 | -€2,558 | -6.1% |
| Operating profit (loss) | 9901 | €2,386 | €4,519 | +€2,133 | +89.4% |
| Financial income | 75/76B | €13,480 | €16,226 | +€2,746 | +20.4% |
| Recurring financial income | 75 | €13,480 | €16,226 | +€2,746 | +20.4% |
| Financial charges | 65/66B | €1,287 | €954 | -€333 | -25.9% |
| Recurring financial charges | 65 | €1,287 | €954 | -€333 | -25.9% |
| Profit (loss) for the period before taxes | 9903 | €14,580 | €19,792 | +€5,212 | +35.7% |
| Income taxes | 67/77 | €2,483 | €5,806 | +€3,323 | +134% |
| Profit (loss) for the period | 9904 | €12,097 | €13,986 | +€1,890 | +15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,097 | €13,986 | +€1,890 | +15.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.