ATH PASSION PECHE: 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.
ATH PASSION PECHE
Largest movements
- Stocks and contracts -€22,165
down €22,165 (-23.8%), from €93,029 to €70,864
- Tangible fixed assets -€5,313
down €5,313 (-26.9%), from €19,736 to €14,423
of which Other tangible fixed assets: -€4,917
- Receivables within one year +€2,079
up €2,079 (+474%), from €439 to €2,518
of which Other amounts receivable: +€1,444
- Other debts -€13,397
down €13,397 (-46.0%), from €29,125 to €15,728
- Short-term financial debts -€9,235
down €9,235 (-24.4%), from €37,920 to €28,685
- Debts after one year -€2,220
down €2,220 (-27.6%), from €8,045 to €5,825
- Current portion of long-term debt -€1,953
down €1,953 (-47.9%), from €4,079 to €2,126
- Profit (loss) carried forward +€1,227
up €1,227 (+13.9%), from €8,856 to €10,083
- Financial income -€806
down €806 (-64.0%), from €1,260 to €454
- Financial charges -€653
down €653 (-9.1%), from €7,174 to €6,521
- Gross operating margin +€602
up €602 (+4.3%), from €13,872 to €14,474
- Depreciation +€446
up €446 (+7.3%), from €6,122 to €6,568
- Taxes +€271
new in 2025: €271
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 | €114,775 | €88,436 | -€26,339 | -22.9% |
| Fixed assets | 21/28 | €19,736 | €14,423 | -€5,313 | -26.9% |
| Tangible fixed assets | 22/27 | €19,736 | €14,423 | -€5,313 | -26.9% |
| Plant, machinery and equipment | 23 | €494 | €388 | -€106 | -21.5% |
| Furniture and vehicles | 24 | €2,023 | €1,733 | -€290 | -14.3% |
| Other tangible fixed assets | 26 | €17,219 | €12,302 | -€4,917 | -28.6% |
| Current assets | 29/58 | €95,039 | €74,013 | -€21,026 | -22.1% |
| Stocks and contracts in progress | 3 | €93,029 | €70,864 | -€22,165 | -23.8% |
| Stocks | 30/36 | €93,029 | €70,864 | -€22,165 | -23.8% |
| Amounts receivable within one year | 40/41 | €439 | €2,518 | +€2,079 | +474% |
| Trade receivables | 40 | - | €635 | +€635 | |
| Other amounts receivable | 41 | €439 | €1,883 | +€1,444 | +329% |
| Cash at bank and in hand | 54/58 | €360 | €254 | -€106 | -29.4% |
| Deferred charges and accrued income | 490/1 | €1,211 | €377 | -€834 | -68.9% |
| Total equity and liabilities | 10/49 | €114,775 | €88,436 | -€26,339 | -22.9% |
| Equity | 10/15 | €32,912 | €34,139 | +€1,227 | +3.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,456 | €5,456 | = | 0.0% |
| Non-distributable reserves | 130/1 | €597 | €597 | = | 0.0% |
| Reserves not available under the articles | 1311 | €597 | €597 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,859 | €4,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,856 | €10,083 | +€1,227 | +13.9% |
| Amounts payable | 17/49 | €81,863 | €54,297 | -€27,566 | -33.7% |
| Amounts payable after more than one year | 17 | €8,045 | €5,825 | -€2,220 | -27.6% |
| Financial debts | 170/4 | €8,045 | €5,825 | -€2,220 | -27.6% |
| Amounts payable within one year | 42/48 | €73,818 | €48,472 | -€25,346 | -34.3% |
| Current portion of amounts payable after more than one year | 42 | €4,079 | €2,126 | -€1,953 | -47.9% |
| Financial debts | 43 | €37,920 | €28,685 | -€9,235 | -24.4% |
| Credit institutions | 430/8 | €37,920 | €28,685 | -€9,235 | -24.4% |
| Trade debts | 44 | €2,694 | €1,663 | -€1,031 | -38.3% |
| Suppliers | 440/4 | €2,694 | €1,663 | -€1,031 | -38.3% |
| Taxes, remuneration and social security | 45 | - | €270 | +€270 | |
| Taxes | 450/3 | - | €270 | +€270 | |
| Other amounts payable | 47/48 | €29,125 | €15,728 | -€13,397 | -46.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,122 | €6,568 | +€446 | +7.3% |
| Other operating charges | 640/8 | €541 | €341 | -€200 | -37.0% |
| Gross operating margin | 9900 | €13,872 | €14,474 | +€602 | +4.3% |
| Operating profit (loss) | 9901 | €7,209 | €7,565 | +€356 | +4.9% |
| Financial income | 75/76B | €1,260 | €454 | -€806 | -64.0% |
| Recurring financial income | 75 | €1,260 | €454 | -€806 | -64.0% |
| Financial charges | 65/66B | €7,174 | €6,521 | -€653 | -9.1% |
| Recurring financial charges | 65 | €7,174 | €6,521 | -€653 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €1,295 | €1,498 | +€203 | +15.7% |
| Income taxes | 67/77 | - | €271 | +€271 | |
| Profit (loss) for the period | 9904 | €1,295 | €1,227 | -€68 | -5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,295 | €1,227 | -€68 | -5.3% |
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 30 October 2026 via checked.be.