ATEXX: 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.
ATEXX
Largest movements
- Receivables within one year -€23,402
down €23,402 (-27.9%), from €83,742 to €60,340
of which Trade receivables: -€22,524
- Tangible fixed assets -€12,208
down €12,208 (-55.3%), from €22,062 to €9,854
of which Furniture and vehicles: -€9,896
- Cash +€3,521
up €3,521 (+3.0%), from €117,872 to €121,392
mainly Net result for the year (+€104,408) and Receivables within one year (+€23,402)
- Other debts -€43,900
down €43,900 (-34.6%), from €126,900 to €83,000
- Profit (loss) carried forward +€21,408
up €21,408 (+58.9%), from €36,354 to €57,762
- Tax, wage and social debts -€3,749
down €3,749 (-14.0%), from €26,700 to €22,951
of which Taxes: -€5,476
- Debts after one year -€3,675
down €3,675 (-46.6%), from €7,886 to €4,212
- Gross operating margin -€47,849
down €47,849 (-20.8%), from €230,026 to €182,177
- Turnover -€40,754
down €40,754 (-12.0%), from €340,586 to €299,832
- Taxes -€11,401
down €11,401 (-29.9%), from €38,164 to €26,763
- Purchases and services +€7,548
up €7,548 (+6.3%), from €119,061 to €126,609
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 | €231,500 | €200,081 | -€31,419 | -13.6% |
| Fixed assets | 21/28 | €24,526 | €12,418 | -€12,108 | -49.4% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €22,062 | €9,854 | -€12,208 | -55.3% |
| Plant, machinery and equipment | 23 | €5,262 | €2,950 | -€2,312 | -43.9% |
| Furniture and vehicles | 24 | €16,800 | €6,904 | -€9,896 | -58.9% |
| Financial fixed assets | 28 | €2,464 | €2,564 | +€100 | +4.1% |
| Current assets | 29/58 | €206,974 | €187,663 | -€19,311 | -9.3% |
| Amounts receivable within one year | 40/41 | €83,742 | €60,340 | -€23,402 | -27.9% |
| Trade receivables | 40 | €78,558 | €56,034 | -€22,524 | -28.7% |
| Other amounts receivable | 41 | €5,184 | €4,307 | -€877 | -16.9% |
| Cash at bank and in hand | 54/58 | €117,872 | €121,392 | +€3,521 | +3.0% |
| Deferred charges and accrued income | 490/1 | €5,360 | €5,930 | +€570 | +10.6% |
| Total equity and liabilities | 10/49 | €231,500 | €200,081 | -€31,419 | -13.6% |
| Equity | 10/15 | €63,634 | €85,042 | +€21,408 | +33.6% |
| Contributions | 10/11 | €24,800 | €24,800 | = | 0.0% |
| Reserves | 13 | €2,480 | €2,480 | = | 0.0% |
| Distributable reserves | 133 | €2,480 | €2,480 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,354 | €57,762 | +€21,408 | +58.9% |
| Amounts payable | 17/49 | €167,866 | €115,039 | -€52,827 | -31.5% |
| Amounts payable after more than one year | 17 | €7,886 | €4,212 | -€3,675 | -46.6% |
| Financial debts | 170/4 | €7,886 | €4,212 | -€3,675 | -46.6% |
| Amounts payable within one year | 42/48 | €159,980 | €110,827 | -€49,153 | -30.7% |
| Current portion of amounts payable after more than one year | 42 | €3,481 | €3,675 | +€194 | +5.6% |
| Trade debts | 44 | €2,899 | €1,202 | -€1,697 | -58.6% |
| Suppliers | 440/4 | €2,899 | €1,202 | -€1,697 | -58.6% |
| Taxes, remuneration and social security | 45 | €26,700 | €22,951 | -€3,749 | -14.0% |
| Taxes | 450/3 | €21,323 | €15,847 | -€5,476 | -25.7% |
| Remuneration and social security | 454/9 | €5,377 | €7,104 | +€1,727 | +32.1% |
| Other amounts payable | 47/48 | €126,900 | €83,000 | -€43,900 | -34.6% |
| Turnover | 70 | €340,586 | €299,832 | -€40,754 | -12.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €119,061 | €126,609 | +€7,548 | +6.3% |
| Remuneration, social security and pensions | 62 | €36,789 | €36,510 | -€279 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,399 | €12,208 | -€191 | -1.5% |
| Other operating charges | 640/8 | €1,525 | €1,711 | +€186 | +12.2% |
| Gross operating margin | 9900 | €230,026 | €182,177 | -€47,849 | -20.8% |
| Operating profit (loss) | 9901 | €179,313 | €131,747 | -€47,565 | -26.5% |
| Financial income | 75/76B | - | €85 | +€85 | |
| Recurring financial income | 75 | - | €85 | +€85 | |
| Financial charges | 65/66B | €963 | €662 | -€301 | -31.2% |
| Recurring financial charges | 65 | €963 | €662 | -€301 | -31.2% |
| Profit (loss) for the period before taxes | 9903 | €178,350 | €131,171 | -€47,179 | -26.5% |
| Income taxes | 67/77 | €38,164 | €26,763 | -€11,401 | -29.9% |
| Profit (loss) for the period | 9904 | €140,186 | €104,408 | -€35,778 | -25.5% |
| Profit (loss) for the period to be appropriated | 9905 | €140,186 | €104,408 | -€35,778 | -25.5% |
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 9 October 2026 via checked.be.