ATEE: 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.
ATEE
Largest movements
- Receivables within one year -€38,398
down €38,398 (-46.1%), from €83,219 to €44,821
- Cash -€31,707
down €31,707 (-39.1%), from €81,178 to €49,471
mainly Other debts (-€91,139) and Contributions, distributions and other (-€45,000)
- Tangible fixed assets -€21,114
down €21,114 (-29.1%), from €72,627 to €51,513
of which Furniture and vehicles: -€18,751
- Other debts -€91,139
down €91,139 (-60.9%), from €149,694 to €58,555
- Profit (loss) carried forward +€3,153
up €3,153 (+1190.2%), from €265 to €3,418
- Tax, wage and social debts -€3,097
down €3,097 (-21.5%), from €14,409 to €11,312
- Gross operating margin -€14,642
down €14,642 (-14.2%), from €103,322 to €88,679
- Taxes -€3,453
down €3,453 (-15.8%), from €21,881 to €18,428
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 | €239,994 | €148,885 | -€91,109 | -38.0% |
| Fixed assets | 21/28 | €72,627 | €51,513 | -€21,114 | -29.1% |
| Tangible fixed assets | 22/27 | €72,627 | €51,513 | -€21,114 | -29.1% |
| Land and buildings | 22 | €2,429 | €1,214 | -€1,214 | -50.0% |
| Plant, machinery and equipment | 23 | €1,808 | €660 | -€1,148 | -63.5% |
| Furniture and vehicles | 24 | €68,391 | €49,639 | -€18,751 | -27.4% |
| Current assets | 29/58 | €167,367 | €97,372 | -€69,996 | -41.8% |
| Amounts receivable within one year | 40/41 | €83,219 | €44,821 | -€38,398 | -46.1% |
| Trade receivables | 40 | €83,219 | €44,821 | -€38,398 | -46.1% |
| Cash at bank and in hand | 54/58 | €81,178 | €49,471 | -€31,707 | -39.1% |
| Deferred charges and accrued income | 490/1 | €2,970 | €3,080 | +€110 | +3.7% |
| Total equity and liabilities | 10/49 | €239,994 | €148,885 | -€91,109 | -38.0% |
| Equity | 10/15 | €75,865 | €79,018 | +€3,153 | +4.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €57,000 | €57,000 | = | 0.0% |
| Distributable reserves | 133 | €57,000 | €57,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €265 | €3,418 | +€3,153 | +1190.2% |
| Amounts payable | 17/49 | €164,130 | €69,867 | -€94,262 | -57.4% |
| Amounts payable within one year | 42/48 | €164,130 | €69,867 | -€94,262 | -57.4% |
| Trade debts | 44 | €27 | - | -€27 | |
| Suppliers | 440/4 | €27 | - | -€27 | |
| Taxes, remuneration and social security | 45 | €14,409 | €11,312 | -€3,097 | -21.5% |
| Taxes | 450/3 | €14,409 | €11,312 | -€3,097 | -21.5% |
| Other amounts payable | 47/48 | €149,694 | €58,555 | -€91,139 | -60.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,839 | €21,114 | -€725 | -3.3% |
| Other operating charges | 640/8 | €513 | €902 | +€388 | +75.7% |
| Non-recurring operating charges | 66A | €37 | - | -€37 | |
| Gross operating margin | 9900 | €103,322 | €88,679 | -€14,642 | -14.2% |
| Operating profit (loss) | 9901 | €80,932 | €66,664 | -€14,269 | -17.6% |
| Financial charges | 65/66B | €69 | €83 | +€14 | +20.3% |
| Recurring financial charges | 65 | €69 | €83 | +€14 | +20.3% |
| Profit (loss) for the period before taxes | 9903 | €80,863 | €66,581 | -€14,283 | -17.7% |
| Income taxes | 67/77 | €21,881 | €18,428 | -€3,453 | -15.8% |
| Profit (loss) for the period | 9904 | €58,982 | €48,153 | -€10,829 | -18.4% |
| Profit (loss) for the period to be appropriated | 9905 | €58,982 | €48,153 | -€10,829 | -18.4% |
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 10 October 2026 via checked.be.