ATGEMINI: 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.
ATGEMINI
Largest movements
- Receivables within one year -€76,252
down €76,252 (-27.7%), from €275,058 to €198,806
of which Other amounts receivable: -€69,520
- Cash +€28,740
up €28,740 (+30.4%), from €94,559 to €123,299
mainly Receivables within one year (+€76,252) and Net result for the year (+€44,456)
- Tangible fixed assets -€9,098
down €9,098 (-63.1%), from €14,417 to €5,319
of which Furniture and vehicles: -€8,455
- Other debts -€66,945
down €66,945 (-47.9%), from €139,712 to €72,767
- Reserves +€17,398
up €17,398 (+9.3%), from €186,878 to €204,276
- Current portion of long-term debt -€10,330
down €10,330 (-70.2%), from €14,718 to €4,388
- Tax, wage and social debts +€5,106
up €5,106 (+61.7%), from €8,268 to €13,374
- Debts after one year -€4,053
down €4,053 (-14.9%), from €27,145 to €23,091
- Gross operating margin +€8,120
up €8,120 (+11.7%), from €69,314 to €77,434
- Depreciation -€4,183
down €4,183 (-26.4%), from €15,846 to €11,663
- Taxes +€2,603
up €2,603 (+15.0%), from €17,336 to €19,939
- Financial income -€1,119
down €1,119 (-79.5%), from €1,408 to €289
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €388,979 | €331,941 | -€57,039 | -14.7% |
| Fixed assets | 21/28 | €14,417 | €5,319 | -€9,098 | -63.1% |
| Tangible fixed assets | 22/27 | €14,417 | €5,319 | -€9,098 | -63.1% |
| Plant, machinery and equipment | 23 | €643 | €0 | -€643 | -100.0% |
| Furniture and vehicles | 24 | €13,774 | €5,319 | -€8,455 | -61.4% |
| Current assets | 29/58 | €374,562 | €326,621 | -€47,941 | -12.8% |
| Amounts receivable within one year | 40/41 | €275,058 | €198,806 | -€76,252 | -27.7% |
| Trade receivables | 40 | €205,538 | €198,806 | -€6,732 | -3.3% |
| Other amounts receivable | 41 | €69,520 | €0 | -€69,520 | -100.0% |
| Cash at bank and in hand | 54/58 | €94,559 | €123,299 | +€28,740 | +30.4% |
| Deferred charges and accrued income | 490/1 | €4,945 | €4,517 | -€428 | -8.7% |
| Total equity and liabilities | 10/49 | €388,979 | €331,941 | -€57,039 | -14.7% |
| Equity | 10/15 | €193,078 | €210,476 | +€17,398 | +9.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €186,878 | €204,276 | +€17,398 | +9.3% |
| Distributable reserves | 133 | €186,878 | €204,276 | +€17,398 | +9.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €195,901 | €121,464 | -€74,437 | -38.0% |
| Amounts payable after more than one year | 17 | €27,145 | €23,091 | -€4,053 | -14.9% |
| Financial debts | 170/4 | €27,145 | €23,091 | -€4,053 | -14.9% |
| Amounts payable within one year | 42/48 | €164,926 | €94,339 | -€70,587 | -42.8% |
| Current portion of amounts payable after more than one year | 42 | €14,718 | €4,388 | -€10,330 | -70.2% |
| Trade debts | 44 | €2,227 | €3,809 | +€1,582 | +71.0% |
| Suppliers | 440/4 | €1,690 | €3,809 | +€2,119 | +125.4% |
| Bills of exchange payable | 441 | €538 | €0 | -€538 | -100.0% |
| Taxes, remuneration and social security | 45 | €8,268 | €13,374 | +€5,106 | +61.7% |
| Taxes | 450/3 | €8,268 | €13,374 | +€5,106 | +61.7% |
| Other amounts payable | 47/48 | €139,712 | €72,767 | -€66,945 | -47.9% |
| Accrued charges and deferred income | 492/3 | €3,831 | €4,034 | +€203 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,846 | €11,663 | -€4,183 | -26.4% |
| Other operating charges | 640/8 | €911 | €941 | +€30 | +3.3% |
| Gross operating margin | 9900 | €69,314 | €77,434 | +€8,120 | +11.7% |
| Operating profit (loss) | 9901 | €52,557 | €64,830 | +€12,273 | +23.4% |
| Financial income | 75/76B | €1,408 | €289 | -€1,119 | -79.5% |
| Recurring financial income | 75 | €1,408 | €289 | -€1,119 | -79.5% |
| Financial charges | 65/66B | €916 | €724 | -€192 | -21.0% |
| Recurring financial charges | 65 | €916 | €724 | -€192 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | €53,050 | €64,395 | +€11,345 | +21.4% |
| Income taxes | 67/77 | €17,336 | €19,939 | +€2,603 | +15.0% |
| Profit (loss) for the period | 9904 | €35,714 | €44,456 | +€8,742 | +24.5% |
| Profit (loss) for the period to be appropriated | 9905 | €35,714 | €44,456 | +€8,742 | +24.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.