ATECA: 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.
ATECA
Largest movements
- Cash -€14,577
down €14,577 (-7.9%), from €183,855 to €169,277
mainly Trade debts (-€39,268) and Investment in fixed assets (net) (-€10,871)
- Receivables within one year -€12,537
down €12,537 (-19.4%), from €64,683 to €52,145
of which Trade receivables: -€28,886
- Stocks and contracts +€6,811
up €6,811 (+27.7%), from €24,587 to €31,399
- Intangible fixed assets -€5,180
down €5,180 (-11.6%), from €44,660 to €39,480
- Tangible fixed assets +€4,837
up €4,837 (+14.2%), from €33,945 to €38,782
of which Furniture and vehicles: +€5,431
- Trade debts -€39,268
down €39,268 (-42.2%), from €93,070 to €53,802
- Reserves +€17,809
up €17,809 (+8.6%), from €206,928 to €224,736
- Current portion of long-term debt +€6,595
new in 2025: €6,595
- Tax, wage and social debts -€6,048
down €6,048 (-10.9%), from €55,525 to €49,477
of which Taxes: -€6,826
- Gross operating margin -€92,232
down €92,232 (-35.8%), from €257,637 to €165,404
- Taxes -€21,899
down €21,899 (-79.8%), from €27,443 to €5,544
- Staff costs +€6,364
up €6,364 (+5.4%), from €118,912 to €125,276
- Depreciation +€4,122
up €4,122 (+58.1%), from €7,092 to €11,214
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 | €360,522 | €339,610 | -€20,912 | -5.8% |
| Fixed assets | 21/28 | €86,930 | €86,587 | -€343 | -0.4% |
| Intangible fixed assets | 21 | €44,660 | €39,480 | -€5,180 | -11.6% |
| Tangible fixed assets | 22/27 | €33,945 | €38,782 | +€4,837 | +14.2% |
| Plant, machinery and equipment | 23 | €24,903 | €24,309 | -€594 | -2.4% |
| Furniture and vehicles | 24 | €9,042 | €14,473 | +€5,431 | +60.1% |
| Financial fixed assets | 28 | €8,325 | €8,325 | = | 0.0% |
| Current assets | 29/58 | €273,592 | €253,023 | -€20,569 | -7.5% |
| Stocks and contracts in progress | 3 | €24,587 | €31,399 | +€6,811 | +27.7% |
| Stocks | 30/36 | €24,587 | €31,399 | +€6,811 | +27.7% |
| Amounts receivable within one year | 40/41 | €64,683 | €52,145 | -€12,537 | -19.4% |
| Trade receivables | 40 | €51,272 | €22,386 | -€28,886 | -56.3% |
| Other amounts receivable | 41 | €13,411 | €29,759 | +€16,348 | +121.9% |
| Cash at bank and in hand | 54/58 | €183,855 | €169,277 | -€14,577 | -7.9% |
| Deferred charges and accrued income | 490/1 | €467 | €202 | -€265 | -56.8% |
| Total equity and liabilities | 10/49 | €360,522 | €339,610 | -€20,912 | -5.8% |
| Equity | 10/15 | €211,928 | €229,736 | +€17,809 | +8.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €206,928 | €224,736 | +€17,809 | +8.6% |
| Distributable reserves | 133 | €206,928 | €224,736 | +€17,809 | +8.6% |
| Amounts payable | 17/49 | €148,594 | €109,873 | -€38,721 | -26.1% |
| Amounts payable within one year | 42/48 | €148,594 | €109,873 | -€38,721 | -26.1% |
| Current portion of amounts payable after more than one year | 42 | - | €6,595 | +€6,595 | |
| Trade debts | 44 | €93,070 | €53,802 | -€39,268 | -42.2% |
| Suppliers | 440/4 | €93,070 | €53,802 | -€39,268 | -42.2% |
| Taxes, remuneration and social security | 45 | €55,525 | €49,477 | -€6,048 | -10.9% |
| Taxes | 450/3 | €41,594 | €34,767 | -€6,826 | -16.4% |
| Remuneration and social security | 454/9 | €13,931 | €14,709 | +€778 | +5.6% |
| Remuneration, social security and pensions | 62 | €118,912 | €125,276 | +€6,364 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,092 | €11,214 | +€4,122 | +58.1% |
| Other operating charges | 640/8 | €1,346 | €1,418 | +€72 | +5.3% |
| Gross operating margin | 9900 | €257,637 | €165,404 | -€92,232 | -35.8% |
| Operating profit (loss) | 9901 | €130,287 | €27,497 | -€102,791 | -78.9% |
| Financial income | 75/76B | €420 | €737 | +€317 | +75.4% |
| Recurring financial income | 75 | €420 | €737 | +€317 | +75.4% |
| Financial charges | 65/66B | €3,602 | €4,880 | +€1,278 | +35.5% |
| Recurring financial charges | 65 | €3,602 | €4,880 | +€1,278 | +35.5% |
| Profit (loss) for the period before taxes | 9903 | €127,105 | €23,353 | -€103,752 | -81.6% |
| Income taxes | 67/77 | €27,443 | €5,544 | -€21,899 | -79.8% |
| Profit (loss) for the period | 9904 | €99,661 | €17,809 | -€81,852 | -82.1% |
| Profit (loss) for the period to be appropriated | 9905 | €99,661 | €17,809 | -€81,852 | -82.1% |
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 7 October 2026 via checked.be.