ATG Syndic: 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.
ATG Syndic
Largest movements
- Cash -€6,800
down €6,800 (-64.8%), from €10,499 to €3,698
mainly Debts after one year (-€41,823) and Tax, wage and social debts (-€10,019)
- Debts after one year -€41,823
down €41,823 (-54.1%), from €77,353 to €35,530
- Other debts +€24,997
up €24,997 (+5.9%), from €426,712 to €451,708
- Tax, wage and social debts -€10,019
down €10,019 (-80.0%), from €12,522 to €2,503
- Trade debts +€8,929
up €8,929 (+26.9%), from €33,180 to €42,108
- Profit (loss) carried forward +€6,367
up €6,367 (+38.1%), from €16,694 to €23,061
- Financial income -€190,000
no longer reported in 2025 (was €190,000)
- Gross operating margin +€69,327
up €69,327, from -€53,632 to €15,695
- Financial charges -€2,593
down €2,593 (-36.5%), from €7,102 to €4,509
- Taxes +€2,503
new in 2025: €2,503
- Other operating charges -€2,256
down €2,256 (-65.2%), from €3,458 to €1,203
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.
Derived cash bridge
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 | €615,429 | €604,747 | -€10,682 | -1.7% |
| Fixed assets | 21/28 | €503,064 | €501,951 | -€1,114 | -0.2% |
| Intangible fixed assets | 21 | €2,551 | €1,951 | -€600 | -23.5% |
| Tangible fixed assets | 22/27 | €514 | - | -€514 | |
| Furniture and vehicles | 24 | €514 | - | -€514 | |
| Financial fixed assets | 28 | €500,000 | €500,000 | = | 0.0% |
| Current assets | 29/58 | €112,364 | €102,796 | -€9,568 | -8.5% |
| Amounts receivable within one year | 40/41 | €94,560 | €93,618 | -€942 | -1.0% |
| Trade receivables | 40 | €92,272 | €87,700 | -€4,572 | -5.0% |
| Other amounts receivable | 41 | €2,288 | €5,918 | +€3,630 | +159% |
| Cash at bank and in hand | 54/58 | €10,499 | €3,698 | -€6,800 | -64.8% |
| Deferred charges and accrued income | 490/1 | €7,306 | €5,479 | -€1,826 | -25.0% |
| Total equity and liabilities | 10/49 | €615,429 | €604,747 | -€10,682 | -1.7% |
| Equity | 10/15 | €22,957 | €29,324 | +€6,367 | +27.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €63 | €63 | = | 0.0% |
| Non-distributable reserves | 130/1 | €63 | - | -€63 | |
| Reserves not available under the articles | 1311 | €63 | - | -€63 | |
| Distributable reserves | 133 | - | €63 | +€63 | |
| Profit (loss) carried forward | 14 | €16,694 | €23,061 | +€6,367 | +38.1% |
| Amounts payable | 17/49 | €592,472 | €575,423 | -€17,049 | -2.9% |
| Amounts payable after more than one year | 17 | €77,353 | €35,530 | -€41,823 | -54.1% |
| Financial debts | 170/4 | €77,353 | €35,530 | -€41,823 | -54.1% |
| Amounts payable within one year | 42/48 | €513,368 | €538,143 | +€24,775 | +4.8% |
| Current portion of amounts payable after more than one year | 42 | €40,955 | €41,823 | +€868 | +2.1% |
| Trade debts | 44 | €33,180 | €42,108 | +€8,929 | +26.9% |
| Suppliers | 440/4 | €33,180 | €42,108 | +€8,929 | +26.9% |
| Taxes, remuneration and social security | 45 | €12,522 | €2,503 | -€10,019 | -80.0% |
| Taxes | 450/3 | €12,522 | €2,503 | -€10,019 | -80.0% |
| Other amounts payable | 47/48 | €426,712 | €451,708 | +€24,997 | +5.9% |
| Accrued charges and deferred income | 492/3 | €1,750 | €1,750 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,277 | €1,114 | -€1,164 | -51.1% |
| Other operating charges | 640/8 | €3,458 | €1,203 | -€2,256 | -65.2% |
| Gross operating margin | 9900 | -€53,632 | €15,695 | +€69,327 | |
| Operating profit (loss) | 9901 | -€59,368 | €13,379 | +€72,747 | |
| Financial income | 75/76B | €190,000 | - | -€190,000 | |
| Recurring financial income | 75 | €190,000 | - | -€190,000 | |
| Financial charges | 65/66B | €7,102 | €4,509 | -€2,593 | -36.5% |
| Recurring financial charges | 65 | €7,102 | €4,509 | -€2,593 | -36.5% |
| Profit (loss) for the period before taxes | 9903 | €123,530 | €8,870 | -€114,661 | -92.8% |
| Income taxes | 67/77 | - | €2,503 | +€2,503 | |
| Profit (loss) for the period | 9904 | €123,530 | €6,367 | -€117,164 | -94.8% |
| Profit (loss) for the period to be appropriated | 9905 | €123,530 | €6,367 | -€117,164 | -94.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.