ATD GROUP: 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.
ATD GROUP
Largest movements
- Receivables within one year +€156,922
up €156,922 (+143.9%), from €109,034 to €265,956
of which Trade receivables: +€151,353
- Deferred charges and accrued income -€71,608
down €71,608 (-70.5%), from €101,608 to €30,000
- Tangible fixed assets -€11,998
down €11,998 (-82.5%), from €14,549 to €2,550
- Cash -€9,082
down €9,082 (-99.7%), from €9,106 to €25
mainly Receivables within one year (-€156,922)
- Trade debts +€30,534
up €30,534 (+33.3%), from €91,731 to €122,266
- Tax, wage and social debts +€21,720
up €21,720 (+34.5%), from €63,024 to €84,743
of which Taxes: +€24,637
- Accrued charges and deferred income +€7,340
new in 2025: €7,340
- Reserves +€4,851
new in 2025: €4,851
- Gross operating margin -€69,039
down €69,039 (-68.7%), from €100,523 to €31,484
- Taxes -€13,600
down €13,600 (-71.2%), from €19,096 to €5,496
- Staff costs +€13,170
up €13,170 (+303.0%), from €4,347 to €17,517
- Financial income -€2,810
down €2,810 (-100.0%), from €2,810 to €0
- Depreciation -€2,667
down €2,667 (-82.9%), from €3,217 to €550
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 | €235,296 | €299,741 | +€64,444 | +27.4% |
| Fixed assets | 21/28 | €15,549 | €3,760 | -€11,788 | -75.8% |
| Tangible fixed assets | 22/27 | €14,549 | €2,550 | -€11,998 | -82.5% |
| Furniture and vehicles | 24 | €14,549 | €2,550 | -€11,998 | -82.5% |
| Financial fixed assets | 28 | €1,000 | €1,210 | +€210 | +21.0% |
| Current assets | 29/58 | €219,748 | €295,980 | +€76,233 | +34.7% |
| Amounts receivable within one year | 40/41 | €109,034 | €265,956 | +€156,922 | +143.9% |
| Trade receivables | 40 | €15,210 | €166,563 | +€151,353 | +995.1% |
| Other amounts receivable | 41 | €93,824 | €99,393 | +€5,569 | +5.9% |
| Cash at bank and in hand | 54/58 | €9,106 | €25 | -€9,082 | -99.7% |
| Deferred charges and accrued income | 490/1 | €101,608 | €30,000 | -€71,608 | -70.5% |
| Total equity and liabilities | 10/49 | €235,296 | €299,741 | +€64,444 | +27.4% |
| Equity | 10/15 | €80,541 | €85,392 | +€4,851 | +6.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €4,851 | +€4,851 | |
| Distributable reserves | 133 | - | €4,851 | +€4,851 | |
| Profit (loss) carried forward | 14 | €75,541 | €75,541 | +€0 | 0.0% |
| Amounts payable | 17/49 | €154,755 | €214,349 | +€59,594 | +38.5% |
| Amounts payable within one year | 42/48 | €154,755 | €207,009 | +€52,254 | +33.8% |
| Trade debts | 44 | €91,731 | €122,266 | +€30,534 | +33.3% |
| Suppliers | 440/4 | €91,731 | €122,266 | +€30,534 | +33.3% |
| Taxes, remuneration and social security | 45 | €63,024 | €84,743 | +€21,720 | +34.5% |
| Taxes | 450/3 | €54,363 | €78,999 | +€24,637 | +45.3% |
| Remuneration and social security | 454/9 | €8,661 | €5,744 | -€2,917 | -33.7% |
| Accrued charges and deferred income | 492/3 | - | €7,340 | +€7,340 | |
| Remuneration, social security and pensions | 62 | €4,347 | €17,517 | +€13,170 | +303.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,217 | €550 | -€2,667 | -82.9% |
| Gross operating margin | 9900 | €100,523 | €31,484 | -€69,039 | -68.7% |
| Operating profit (loss) | 9901 | €92,958 | €13,417 | -€79,542 | -85.6% |
| Financial income | 75/76B | €2,810 | €0 | -€2,810 | -100.0% |
| Recurring financial income | 75 | €2,810 | €0 | -€2,810 | -100.0% |
| Financial charges | 65/66B | €1,132 | €3,071 | +€1,939 | +171.3% |
| Recurring financial charges | 65 | €1,132 | €3,071 | +€1,939 | +171.3% |
| Profit (loss) for the period before taxes | 9903 | €94,637 | €10,346 | -€84,291 | -89.1% |
| Income taxes | 67/77 | €19,096 | €5,496 | -€13,600 | -71.2% |
| Profit (loss) for the period | 9904 | €75,541 | €4,851 | -€70,691 | -93.6% |
| Profit (loss) for the period to be appropriated | 9905 | €75,541 | €4,851 | -€70,691 | -93.6% |
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 5 October 2026 via checked.be.