ATECO: 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.
ATECO
Largest movements
- Receivables within one year -€26,600
down €26,600 (-58.5%), from €45,442 to €18,842
of which Trade receivables: -€19,480
- Cash -€9,466
down €9,466 (-62.2%), from €15,228 to €5,762
mainly Net result for the year (-€55,829) and Tax, wage and social debts (-€10,680)
- Tangible fixed assets -€5,434
down €5,434 (-19.7%), from €27,572 to €22,138
of which Land and buildings: -€2,731
- Profit (loss) carried forward -€55,829
new in 2025: -€55,829
- Other debts +€24,978
up €24,978 (+68.6%), from €36,421 to €61,399
- Tax, wage and social debts -€10,680
down €10,680 (-90.8%), from €11,758 to €1,078
of which Taxes: -€8,236
- Gross operating margin -€79,868
down €79,868, from €65,580 to -€14,288
- Financial charges +€10,678
up €10,678 (+43.5%), from €24,522 to €35,200
- Taxes -€8,682
down €8,682 (-99.2%), from €8,751 to €69
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 | €88,569 | €47,027 | -€41,542 | -46.9% |
| Fixed assets | 21/28 | €27,572 | €22,138 | -€5,434 | -19.7% |
| Tangible fixed assets | 22/27 | €27,572 | €22,138 | -€5,434 | -19.7% |
| Land and buildings | 22 | €22,221 | €19,489 | -€2,731 | -12.3% |
| Furniture and vehicles | 24 | €5,352 | €2,649 | -€2,703 | -50.5% |
| Current assets | 29/58 | €60,997 | €24,889 | -€36,108 | -59.2% |
| Amounts receivable within one year | 40/41 | €45,442 | €18,842 | -€26,600 | -58.5% |
| Trade receivables | 40 | €34,000 | €14,520 | -€19,480 | -57.3% |
| Other amounts receivable | 41 | €11,442 | €4,322 | -€7,120 | -62.2% |
| Cash at bank and in hand | 54/58 | €15,228 | €5,762 | -€9,466 | -62.2% |
| Deferred charges and accrued income | 490/1 | €327 | €285 | -€42 | -12.7% |
| Total equity and liabilities | 10/49 | €88,569 | €47,027 | -€41,542 | -46.9% |
| Equity | 10/15 | €39,199 | -€16,631 | -€55,829 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €32,999 | €32,999 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €31,139 | €32,999 | +€1,860 | +6.0% |
| Profit (loss) carried forward | 14 | - | -€55,829 | -€55,829 | |
| Amounts payable | 17/49 | €49,370 | €63,658 | +€14,288 | +28.9% |
| Amounts payable within one year | 42/48 | €49,130 | €63,658 | +€14,528 | +29.6% |
| Trade debts | 44 | €951 | €1,180 | +€229 | +24.1% |
| Suppliers | 440/4 | €951 | €1,180 | +€229 | +24.1% |
| Taxes, remuneration and social security | 45 | €11,758 | €1,078 | -€10,680 | -90.8% |
| Taxes | 450/3 | €9,314 | €1,078 | -€8,236 | -88.4% |
| Remuneration and social security | 454/9 | €2,444 | €0 | -€2,444 | -100% |
| Other amounts payable | 47/48 | €36,421 | €61,399 | +€24,978 | +68.6% |
| Accrued charges and deferred income | 492/3 | €240 | €0 | -€240 | -100% |
| Remuneration, social security and pensions | 62 | - | €13 | +€13 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,345 | €5,434 | +€89 | +1.7% |
| Other operating charges | 640/8 | €572 | €829 | +€257 | +45.0% |
| Gross operating margin | 9900 | €65,580 | -€14,288 | -€79,868 | |
| Operating profit (loss) | 9901 | €59,663 | -€20,564 | -€80,227 | |
| Financial income | 75/76B | €545 | €4 | -€541 | -99.3% |
| Recurring financial income | 75 | €545 | €4 | -€541 | -99.3% |
| Financial charges | 65/66B | €24,522 | €35,200 | +€10,678 | +43.5% |
| Recurring financial charges | 65 | €24,522 | €35,200 | +€10,678 | +43.5% |
| Profit (loss) for the period before taxes | 9903 | €35,686 | -€55,760 | -€91,446 | |
| Income taxes | 67/77 | €8,751 | €69 | -€8,682 | -99.2% |
| Profit (loss) for the period | 9904 | €26,935 | -€55,829 | -€82,764 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,935 | -€55,829 | -€82,764 |
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 27 October 2026 via checked.be.