ATE ELECTRO: 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.
ATE ELECTRO
Largest movements
- Current investments +€40,390
up €40,390 (+393%), from €10,268 to €50,659
- Cash -€35,712
down €35,712 (-55.7%), from €64,129 to €28,417
mainly Current investments (-€40,390) and Receivables within one year (-€32,469)
- Receivables within one year +€32,469
up €32,469 (+559%), from €5,809 to €38,278
of which Trade receivables: +€25,160
- Tangible fixed assets +€8,616
up €8,616 (+259%), from €3,330 to €11,945
of which Furniture and vehicles: +€8,023
- Reserves +€32,682
up €32,682 (+86.3%), from €37,860 to €70,542
of which Tax-exempt reserves: +€32,682
- Tax, wage and social debts +€13,694
up €13,694 (+306%), from €4,475 to €18,169
- Trade debts +€1,661
up €1,661 (+60.8%), from €2,734 to €4,394
- Gross operating margin +€31,278
up €31,278 (+147%), from €21,315 to €52,593
- Taxes +€9,144
up €9,144 (+204%), from €4,475 to €13,619
- Financial charges +€4,013
up €4,013 (+1,245%), from €322 to €4,336
- Other operating charges -€771
down €771 (-56.8%), from €1,358 to €586
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 | €84,711 | €131,494 | +€46,782 | +55.2% |
| Fixed assets | 21/28 | €3,605 | €13,240 | +€9,636 | +267% |
| Tangible fixed assets | 22/27 | €3,330 | €11,945 | +€8,616 | +259% |
| Land and buildings | 22 | €1,522 | €1,094 | -€428 | -28.1% |
| Plant, machinery and equipment | 23 | €1,354 | €2,375 | +€1,021 | +75.4% |
| Furniture and vehicles | 24 | €454 | €8,476 | +€8,023 | +1,768% |
| Financial fixed assets | 28 | €275 | €1,295 | +€1,020 | +371% |
| Current assets | 29/58 | €81,107 | €118,254 | +€37,147 | +45.8% |
| Stocks and contracts in progress | 3 | €900 | €900 | = | 0.0% |
| Stocks | 30/36 | €900 | €900 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,809 | €38,278 | +€32,469 | +559% |
| Trade receivables | 40 | €2,671 | €27,830 | +€25,160 | +942% |
| Other amounts receivable | 41 | €3,139 | €10,448 | +€7,309 | +233% |
| Current investments | 50/53 | €10,268 | €50,659 | +€40,390 | +393% |
| Cash at bank and in hand | 54/58 | €64,129 | €28,417 | -€35,712 | -55.7% |
| Total equity and liabilities | 10/49 | €84,711 | €131,494 | +€46,782 | +55.2% |
| Equity | 10/15 | €76,248 | €108,930 | +€32,682 | +42.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €37,860 | €70,542 | +€32,682 | +86.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €36,000 | €68,682 | +€32,682 | +90.8% |
| Profit (loss) carried forward | 14 | €19,788 | €19,788 | = | 0.0% |
| Amounts payable | 17/49 | €8,464 | €22,564 | +€14,100 | +167% |
| Amounts payable within one year | 42/48 | €8,464 | €22,564 | +€14,100 | +167% |
| Financial debts | 43 | €1,255 | - | -€1,255 | |
| Credit institutions | 430/8 | €1,255 | - | -€1,255 | |
| Trade debts | 44 | €2,734 | €4,394 | +€1,661 | +60.8% |
| Suppliers | 440/4 | €2,734 | €4,394 | +€1,661 | +60.8% |
| Taxes, remuneration and social security | 45 | €4,475 | €18,169 | +€13,694 | +306% |
| Taxes | 450/3 | €4,475 | €18,169 | +€13,694 | +306% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,313 | €2,679 | +€366 | +15.8% |
| Other operating charges | 640/8 | €1,358 | €586 | -€771 | -56.8% |
| Gross operating margin | 9900 | €21,315 | €52,593 | +€31,278 | +147% |
| Operating profit (loss) | 9901 | €17,644 | €49,328 | +€31,683 | +180% |
| Financial income | 75/76B | €1,197 | €1,309 | +€112 | +9.4% |
| Recurring financial income | 75 | €1,197 | €1,309 | +€112 | +9.4% |
| Financial charges | 65/66B | €322 | €4,336 | +€4,013 | +1,245% |
| Recurring financial charges | 65 | €322 | €4,336 | +€4,013 | +1,245% |
| Profit (loss) for the period before taxes | 9903 | €18,519 | €46,301 | +€27,783 | +150% |
| Income taxes | 67/77 | €4,475 | €13,619 | +€9,144 | +204% |
| Profit (loss) for the period | 9904 | €14,044 | €32,682 | +€18,639 | +133% |
| Profit (loss) for the period to be appropriated | 9905 | €14,044 | €32,682 | +€18,639 | +133% |
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 22 October 2026 via checked.be.