ATERNUM: 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.
ATERNUM
Largest movements
- Cash +€8,395
up €8,395 (+3.5%), from €239,042 to €247,437
mainly Net result for the year (+€44,604) and Depreciation (+€10,703)
- Tangible fixed assets -€7,912
down €7,912 (-9.7%), from €81,725 to €73,812
of which Land and buildings: -€6,075
- Receivables within one year +€5,474
up €5,474 (+16.5%), from €33,259 to €38,732
of which Trade receivables: +€10,893
- Other debts -€13,792
down €13,792 (-38.0%), from €36,295 to €22,503
- Profit (loss) carried forward +€11,284
no longer reported in 2024 (was -€11,284)
- Reserves +€11,148
up €11,148 (+4.3%), from €258,583 to €269,731
of which Distributable reserves: +€11,148
- Debts after one year -€7,251
down €7,251 (-10.4%), from €69,513 to €62,262
- Gross operating margin +€39,608
up €39,608 (+89.3%), from €44,362 to €83,971
- Taxes +€14,272
up €14,272 (+9412.5%), from €152 to €14,424
- Depreciation -€5,891
down €5,891 (-35.5%), from €16,594 to €10,703
- Other operating charges +€4,894
up €4,894 (+173.8%), from €2,815 to €7,709
- Write-downs +€2,093
new in 2024: €2,093
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 | €370,583 | €373,716 | +€3,134 | +0.8% |
| Fixed assets | 21/28 | €85,725 | €75,812 | -€9,912 | -11.6% |
| Intangible fixed assets | 21 | €4,000 | €2,000 | -€2,000 | -50.0% |
| Tangible fixed assets | 22/27 | €81,725 | €73,812 | -€7,912 | -9.7% |
| Land and buildings | 22 | €72,900 | €66,825 | -€6,075 | -8.3% |
| Plant, machinery and equipment | 23 | €8,825 | €6,293 | -€2,531 | -28.7% |
| Furniture and vehicles | 24 | - | €694 | +€694 | |
| Current assets | 29/58 | €284,858 | €297,904 | +€13,046 | +4.6% |
| Stocks and contracts in progress | 3 | €10,263 | €7,735 | -€2,528 | -24.6% |
| Stocks | 30/36 | €10,263 | €7,735 | -€2,528 | -24.6% |
| Amounts receivable within one year | 40/41 | €33,259 | €38,732 | +€5,474 | +16.5% |
| Trade receivables | 40 | €16,939 | €27,832 | +€10,893 | +64.3% |
| Other amounts receivable | 41 | €16,320 | €10,901 | -€5,419 | -33.2% |
| Cash at bank and in hand | 54/58 | €239,042 | €247,437 | +€8,395 | +3.5% |
| Deferred charges and accrued income | 490/1 | €2,295 | €4,000 | +€1,705 | +74.3% |
| Total equity and liabilities | 10/49 | €370,583 | €373,716 | +€3,134 | +0.8% |
| Equity | 10/15 | €253,499 | €275,931 | +€22,432 | +8.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €258,583 | €269,731 | +€11,148 | +4.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €256,723 | €267,871 | +€11,148 | +4.3% |
| Profit (loss) carried forward | 14 | -€11,284 | - | +€11,284 | |
| Amounts payable | 17/49 | €117,084 | €97,785 | -€19,298 | -16.5% |
| Amounts payable after more than one year | 17 | €69,513 | €62,262 | -€7,251 | -10.4% |
| Financial debts | 170/4 | €69,513 | €62,262 | -€7,251 | -10.4% |
| Amounts payable within one year | 42/48 | €47,571 | €35,003 | -€12,568 | -26.4% |
| Current portion of amounts payable after more than one year | 42 | €8,125 | €8,111 | -€14 | -0.2% |
| Trade debts | 44 | €3,151 | €1,055 | -€2,095 | -66.5% |
| Suppliers | 440/4 | €3,151 | €1,055 | -€2,095 | -66.5% |
| Taxes, remuneration and social security | 45 | - | €3,334 | +€3,334 | |
| Taxes | 450/3 | - | €3,334 | +€3,334 | |
| Other amounts payable | 47/48 | €36,295 | €22,503 | -€13,792 | -38.0% |
| Accrued charges and deferred income | 492/3 | - | €520 | +€520 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,594 | €10,703 | -€5,891 | -35.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,093 | +€2,093 | |
| Other operating charges | 640/8 | €2,815 | €7,709 | +€4,894 | +173.8% |
| Non-recurring operating charges | 66A | €34,475 | - | -€34,475 | |
| Gross operating margin | 9900 | €44,362 | €83,971 | +€39,608 | +89.3% |
| Operating profit (loss) | 9901 | -€9,522 | €63,466 | +€72,989 | |
| Financial income | 75/76B | €99 | €0 | -€99 | -99.9% |
| Recurring financial income | 75 | €99 | €0 | -€99 | -99.9% |
| Financial charges | 65/66B | €2,850 | €4,438 | +€1,588 | +55.7% |
| Recurring financial charges | 65 | €2,850 | €4,438 | +€1,588 | +55.7% |
| Profit (loss) for the period before taxes | 9903 | -€12,273 | €59,028 | +€71,301 | |
| Income taxes | 67/77 | €152 | €14,424 | +€14,272 | +9412.5% |
| Profit (loss) for the period | 9904 | -€12,425 | €44,604 | +€57,029 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,425 | €44,604 | +€57,029 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.