ATENA INTERCONTINENTAL: 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.
ATENA INTERCONTINENTAL
Largest movements
- Cash -€668,943
down €668,943 (-69.6%), from €960,604 to €291,661
mainly Net result for the year (-€502,008) and Other debts (-€226,650)
- Receivables within one year -€71,321
down €71,321 (-47.1%), from €151,363 to €80,042
of which Trade receivables: -€69,933
- Tangible fixed assets -€45,905
down €45,905 (-8.4%), from €547,260 to €501,355
- Deferred charges and accrued income -€20,544
down €20,544 (-50.2%), from €40,910 to €20,366
- Profit (loss) carried forward -€502,008
down €502,008 (-84.7%), from €592,678 to €90,670
- Other debts -€226,650
down €226,650 (-31.7%), from €714,311 to €487,661
- Tax, wage and social debts -€71,934
down €71,934 (-73.5%), from €97,907 to €25,973
of which Remuneration and social security: -€69,801
- Staff costs +€54,224
up €54,224 (+6.6%), from €826,985 to €881,209
- Gross operating margin -€21,128
down €21,128 (-4.1%), from €516,442 to €495,314
- Financial charges -€17,534
down €17,534 (-28.6%), from €61,202 to €43,668
- Depreciation -€15,862
down €15,862 (-24.2%), from €65,496 to €49,634
- Provisions +€10,334
new in 2024: €10,334
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,000,881 | €1,187,439 | -€813,442 | -40.7% |
| Fixed assets | 21/28 | €819,576 | €766,942 | -€52,634 | -6.4% |
| Intangible fixed assets | 21 | €3,729 | - | -€3,729 | |
| Tangible fixed assets | 22/27 | €547,260 | €501,355 | -€45,905 | -8.4% |
| Land and buildings | 22 | €459,167 | €439,064 | -€20,103 | -4.4% |
| Plant, machinery and equipment | 23 | €28,501 | €16,699 | -€11,802 | -41.4% |
| Furniture and vehicles | 24 | €692 | - | -€692 | |
| Other tangible fixed assets | 26 | €58,900 | €45,592 | -€13,308 | -22.6% |
| Financial fixed assets | 28 | €268,587 | €265,587 | -€3,000 | -1.1% |
| Current assets | 29/58 | €1,181,305 | €420,497 | -€760,808 | -64.4% |
| Amounts receivable after more than one year | 29 | €28,428 | €28,428 | = | 0.0% |
| Other amounts receivable | 291 | €28,428 | €28,428 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €151,363 | €80,042 | -€71,321 | -47.1% |
| Trade receivables | 40 | €131,234 | €61,301 | -€69,933 | -53.3% |
| Other amounts receivable | 41 | €20,129 | €18,741 | -€1,388 | -6.9% |
| Cash at bank and in hand | 54/58 | €960,604 | €291,661 | -€668,943 | -69.6% |
| Deferred charges and accrued income | 490/1 | €40,910 | €20,366 | -€20,544 | -50.2% |
| Total equity and liabilities | 10/49 | €2,000,881 | €1,187,439 | -€813,442 | -40.7% |
| Equity | 10/15 | €1,165,325 | €663,317 | -€502,008 | -43.1% |
| Contributions | 10/11 | €520,587 | €520,587 | = | 0.0% |
| Reserves | 13 | €52,060 | €52,060 | = | 0.0% |
| Non-distributable reserves | 130/1 | €52,060 | €52,060 | = | 0.0% |
| Reserves not available under the articles | 1311 | €52,060 | €52,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €592,678 | €90,670 | -€502,008 | -84.7% |
| Amounts payable | 17/49 | €835,556 | €524,122 | -€311,434 | -37.3% |
| Amounts payable within one year | 42/48 | €835,556 | €524,122 | -€311,434 | -37.3% |
| Trade debts | 44 | €23,338 | €10,488 | -€12,850 | -55.1% |
| Suppliers | 440/4 | €23,338 | €10,488 | -€12,850 | -55.1% |
| Taxes, remuneration and social security | 45 | €97,907 | €25,973 | -€71,934 | -73.5% |
| Taxes | 450/3 | €23,071 | €20,938 | -€2,133 | -9.2% |
| Remuneration and social security | 454/9 | €74,836 | €5,035 | -€69,801 | -93.3% |
| Other amounts payable | 47/48 | €714,311 | €487,661 | -€226,650 | -31.7% |
| Remuneration, social security and pensions | 62 | €826,985 | €881,209 | +€54,224 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,496 | €49,634 | -€15,862 | -24.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €10,334 | +€10,334 | |
| Other operating charges | 640/8 | €15,908 | €14,021 | -€1,887 | -11.9% |
| Gross operating margin | 9900 | €516,442 | €495,314 | -€21,128 | -4.1% |
| Operating profit (loss) | 9901 | -€391,947 | -€459,884 | -€67,937 | -17.3% |
| Financial income | 75/76B | €2,348 | €2,030 | -€318 | -13.5% |
| Recurring financial income | 75 | €2,348 | €2,030 | -€318 | -13.5% |
| Non-recurring financial income | 76B | €2,348 | - | -€2,348 | |
| Financial charges | 65/66B | €61,202 | €43,668 | -€17,534 | -28.6% |
| Recurring financial charges | 65 | €61,202 | €43,668 | -€17,534 | -28.6% |
| Profit (loss) for the period before taxes | 9903 | -€450,801 | -€501,522 | -€50,721 | -11.3% |
| Income taxes | 67/77 | €475 | €486 | +€11 | +2.3% |
| Profit (loss) for the period | 9904 | -€451,276 | -€502,008 | -€50,732 | -11.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€451,276 | -€502,008 | -€50,732 | -11.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.