ATESS: 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.
ATESS
Largest movements
- Tangible fixed assets +€79,640
up €79,640 (+42.3%), from €188,306 to €267,946
of which Leasing and similar rights: +€44,868
- Cash -€11,170
down €11,170 (-65.4%), from €17,079 to €5,908
mainly Investment in fixed assets (net) (-€118,785) and Contributions, distributions and other (-€66,676)
- Receivables within one year +€4,595
up €4,595 (+22.4%), from €20,485 to €25,080
of which Other amounts receivable: +€3,072
- Debts after one year +€38,711
up €38,711 (+33.1%), from €117,039 to €155,750
- Other debts +€22,573
up €22,573 (+206.0%), from €10,957 to €33,530
- Current portion of long-term debt +€11,827
up €11,827 (+42.8%), from €27,627 to €39,455
- Trade debts +€6,551
up €6,551 (+392.6%), from €1,668 to €8,219
- Depreciation +€21,546
up €21,546 (+122.4%), from €17,599 to €39,145
- Taxes -€6,398
down €6,398 (-31.6%), from €20,262 to €13,864
- Financial charges +€2,534
up €2,534 (+62.2%), from €4,071 to €6,605
- Gross operating margin +€2,464
up €2,464 (+2.0%), from €125,541 to €128,006
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 | €227,858 | €302,825 | +€74,967 | +32.9% |
| Fixed assets | 21/28 | €188,306 | €267,946 | +€79,640 | +42.3% |
| Tangible fixed assets | 22/27 | €188,306 | €267,946 | +€79,640 | +42.3% |
| Land and buildings | 22 | €101,296 | €95,458 | -€5,838 | -5.8% |
| Furniture and vehicles | 24 | €5,117 | €2,820 | -€2,297 | -44.9% |
| Leasing and similar rights | 25 | €68,780 | €113,648 | +€44,868 | +65.2% |
| Other tangible fixed assets | 26 | €13,114 | €56,021 | +€42,907 | +327.2% |
| Current assets | 29/58 | €39,551 | €34,878 | -€4,673 | -11.8% |
| Amounts receivable within one year | 40/41 | €20,485 | €25,080 | +€4,595 | +22.4% |
| Trade receivables | 40 | €20,475 | €21,998 | +€1,522 | +7.4% |
| Other amounts receivable | 41 | €10 | €3,082 | +€3,072 | +31317.5% |
| Cash at bank and in hand | 54/58 | €17,079 | €5,908 | -€11,170 | -65.4% |
| Deferred charges and accrued income | 490/1 | €1,987 | €3,890 | +€1,903 | +95.7% |
| Total equity and liabilities | 10/49 | €227,858 | €302,825 | +€74,967 | +32.9% |
| Equity | 10/15 | €50,164 | €49,172 | -€992 | -2.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €31,564 | €30,572 | -€992 | -3.1% |
| Distributable reserves | 133 | €31,564 | €30,572 | -€992 | -3.1% |
| Amounts payable | 17/49 | €177,693 | €253,652 | +€75,959 | +42.7% |
| Amounts payable after more than one year | 17 | €117,039 | €155,750 | +€38,711 | +33.1% |
| Financial debts | 170/4 | €117,039 | €155,750 | +€38,711 | +33.1% |
| Amounts payable within one year | 42/48 | €60,655 | €97,902 | +€37,248 | +61.4% |
| Current portion of amounts payable after more than one year | 42 | €27,627 | €39,455 | +€11,827 | +42.8% |
| Financial debts | 43 | €3,051 | €2,362 | -€689 | -22.6% |
| Credit institutions | 430/8 | €3,051 | €2,362 | -€689 | -22.6% |
| Trade debts | 44 | €1,668 | €8,219 | +€6,551 | +392.6% |
| Suppliers | 440/4 | €1,668 | €8,219 | +€6,551 | +392.6% |
| Taxes, remuneration and social security | 45 | €17,351 | €14,337 | -€3,014 | -17.4% |
| Taxes | 450/3 | €17,351 | €14,337 | -€3,014 | -17.4% |
| Other amounts payable | 47/48 | €10,957 | €33,530 | +€22,573 | +206.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,599 | €39,145 | +€21,546 | +122.4% |
| Other operating charges | 640/8 | €2,409 | €2,707 | +€298 | +12.4% |
| Gross operating margin | 9900 | €125,541 | €128,006 | +€2,464 | +2.0% |
| Operating profit (loss) | 9901 | €105,533 | €86,153 | -€19,380 | -18.4% |
| Financial income | 75/76B | €25 | €0 | -€25 | -99.6% |
| Recurring financial income | 75 | €25 | €0 | -€25 | -99.6% |
| Financial charges | 65/66B | €4,071 | €6,605 | +€2,534 | +62.2% |
| Recurring financial charges | 65 | €4,071 | €6,605 | +€2,534 | +62.2% |
| Profit (loss) for the period before taxes | 9903 | €101,487 | €79,548 | -€21,939 | -21.6% |
| Income taxes | 67/77 | €20,262 | €13,864 | -€6,398 | -31.6% |
| Profit (loss) for the period | 9904 | €81,225 | €65,684 | -€15,541 | -19.1% |
| Profit (loss) for the period to be appropriated | 9905 | €81,225 | €65,684 | -€15,541 | -19.1% |
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 12 October 2026 via checked.be.