ATECH: 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.
ATECH
Largest movements
- Receivables within one year -€73,913
down €73,913 (-26.4%), from €279,877 to €205,964
of which Trade receivables: -€71,751
- Cash +€11,356
up €11,356 (+7.7%), from €147,815 to €159,171
mainly Receivables within one year (+€73,913) and Net result for the year (+€25,021)
- Tangible fixed assets -€6,407
down €6,407 (-37.8%), from €16,953 to €10,546
of which Furniture and vehicles: -€8,137
- Other debts -€89,521
down €89,521 (-37.2%), from €240,358 to €150,837
- Tax, wage and social debts -€26,109
down €26,109 (-39.7%), from €65,729 to €39,621
of which Taxes: -€14,426
- Reserves +€25,021
up €25,021 (+12.9%), from €193,885 to €218,906
of which Distributable reserves: +€25,021
- Trade debts +€10,509
up €10,509 (+17.6%), from €59,874 to €70,383
- Accrued charges and deferred income +€10,500
new in 2025: €10,500
- Staff costs +€60,133
up €60,133 (+34.1%), from €176,556 to €236,689
- Gross operating margin -€45,580
down €45,580 (-13.1%), from €348,088 to €302,508
- Write-downs -€44,448
down €44,448 (-100.0%), from €44,448 to €0
- Taxes -€14,526
down €14,526 (-53.1%), from €27,372 to €12,847
- Other operating charges +€7,941
up €7,941 (+126.1%), from €6,299 to €14,240
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 | €624,426 | €551,748 | -€72,679 | -11.6% |
| Fixed assets | 21/28 | €18,594 | €11,111 | -€7,483 | -40.2% |
| Intangible fixed assets | 21 | €1,460 | €383 | -€1,076 | -73.7% |
| Tangible fixed assets | 22/27 | €16,953 | €10,546 | -€6,407 | -37.8% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €16,953 | €8,816 | -€8,137 | -48.0% |
| Other tangible fixed assets | 26 | - | €1,730 | +€1,730 | |
| Financial fixed assets | 28 | €181 | €181 | = | 0.0% |
| Current assets | 29/58 | €605,832 | €540,637 | -€65,195 | -10.8% |
| Stocks and contracts in progress | 3 | €178,140 | €175,502 | -€2,638 | -1.5% |
| Stocks | 30/36 | €178,140 | €175,502 | -€2,638 | -1.5% |
| Amounts receivable within one year | 40/41 | €279,877 | €205,964 | -€73,913 | -26.4% |
| Trade receivables | 40 | €268,681 | €196,931 | -€71,751 | -26.7% |
| Other amounts receivable | 41 | €11,196 | €9,033 | -€2,163 | -19.3% |
| Cash at bank and in hand | 54/58 | €147,815 | €159,171 | +€11,356 | +7.7% |
| Total equity and liabilities | 10/49 | €624,426 | €551,748 | -€72,679 | -11.6% |
| Equity | 10/15 | €255,385 | €280,406 | +€25,021 | +9.8% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Contributions outside capital | 11 | €61,500 | €61,500 | = | 0.0% |
| Other | 1109/19 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €193,885 | €218,906 | +€25,021 | +12.9% |
| Non-distributable reserves | 130/1 | €16,100 | €16,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €16,100 | €16,100 | = | 0.0% |
| Tax-exempt reserves | 132 | €47,470 | €47,470 | = | 0.0% |
| Distributable reserves | 133 | €130,315 | €155,336 | +€25,021 | +19.2% |
| Amounts payable | 17/49 | €369,041 | €271,341 | -€97,700 | -26.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €369,041 | €260,841 | -€108,200 | -29.3% |
| Current portion of amounts payable after more than one year | 42 | €3,079 | €0 | -€3,079 | -100.0% |
| Trade debts | 44 | €59,874 | €70,383 | +€10,509 | +17.6% |
| Suppliers | 440/4 | €59,874 | €70,383 | +€10,509 | +17.6% |
| Taxes, remuneration and social security | 45 | €65,729 | €39,621 | -€26,109 | -39.7% |
| Taxes | 450/3 | €38,872 | €24,446 | -€14,426 | -37.1% |
| Remuneration and social security | 454/9 | €26,857 | €15,174 | -€11,683 | -43.5% |
| Other amounts payable | 47/48 | €240,358 | €150,837 | -€89,521 | -37.2% |
| Accrued charges and deferred income | 492/3 | - | €10,500 | +€10,500 | |
| Non-recurring operating income | 76A | €38,817 | €0 | -€38,817 | -100.0% |
| Remuneration, social security and pensions | 62 | €176,556 | €236,689 | +€60,133 | +34.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,411 | €11,580 | +€169 | +1.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €44,448 | €0 | -€44,448 | -100.0% |
| Other operating charges | 640/8 | €6,299 | €14,240 | +€7,941 | +126.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €348,088 | €302,508 | -€45,580 | -13.1% |
| Operating profit (loss) | 9901 | €109,375 | €39,999 | -€69,375 | -63.4% |
| Financial income | 75/76B | €5,575 | €129 | -€5,447 | -97.7% |
| Recurring financial income | 75 | €5,575 | €129 | -€5,447 | -97.7% |
| Financial charges | 65/66B | €1,452 | €2,261 | +€809 | +55.7% |
| Recurring financial charges | 65 | €1,452 | €2,261 | +€809 | +55.7% |
| Profit (loss) for the period before taxes | 9903 | €113,498 | €37,868 | -€75,631 | -66.6% |
| Income taxes | 67/77 | €27,372 | €12,847 | -€14,526 | -53.1% |
| Profit (loss) for the period | 9904 | €86,126 | €25,021 | -€61,105 | -70.9% |
| Profit (loss) for the period to be appropriated | 9905 | €86,126 | €25,021 | -€61,105 | -70.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.