ATHELEAN SERVICES: 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.
ATHELEAN SERVICES
Largest movements
- Tangible fixed assets -€71,926
down €71,926 (-19.5%), from €368,769 to €296,843
of which Plant, machinery and equipment: -€77,362
- Receivables within one year +€70,324
up €70,324 (+17.9%), from €393,625 to €463,949
of which Other amounts receivable: +€76,579
- Deferred charges and accrued income +€60,947
up €60,947 (+761.8%), from €8,000 to €68,947
- Profit (loss) carried forward +€33,733
up €33,733 (+5.8%), from €582,906 to €616,639
- Trade debts +€25,467
up €25,467 (+32.7%), from €77,956 to €103,423
- Other debts +€9,598
up €9,598 (+21.3%), from €45,000 to €54,598
- Accrued charges and deferred income -€8,997
down €8,997 (-26.3%), from €34,268 to €25,271
- Gross operating margin -€112,239
down €112,239 (-49.2%), from €228,341 to €116,102
- Taxes -€33,351
down €33,351 (-73.2%), from €45,582 to €12,231
- Financial income -€18,794
down €18,794 (-50.0%), from €37,621 to €18,828
- Other operating charges +€3,974
up €3,974 (+331.6%), from €1,198 to €5,172
- Financial charges -€2,617
down €2,617 (-92.9%), from €2,818 to €201
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 | €770,424 | €829,764 | +€59,340 | +7.7% |
| Fixed assets | 21/28 | €368,769 | €296,843 | -€71,926 | -19.5% |
| Tangible fixed assets | 22/27 | €368,769 | €296,843 | -€71,926 | -19.5% |
| Plant, machinery and equipment | 23 | €368,769 | €291,407 | -€77,362 | -21.0% |
| Furniture and vehicles | 24 | - | €5,436 | +€5,436 | |
| Current assets | 29/58 | €401,655 | €532,921 | +€131,267 | +32.7% |
| Amounts receivable within one year | 40/41 | €393,625 | €463,949 | +€70,324 | +17.9% |
| Trade receivables | 40 | €52,482 | €46,226 | -€6,256 | -11.9% |
| Other amounts receivable | 41 | €341,143 | €417,723 | +€76,579 | +22.4% |
| Cash at bank and in hand | 54/58 | €30 | €26 | -€4 | -13.4% |
| Deferred charges and accrued income | 490/1 | €8,000 | €68,947 | +€60,947 | +761.8% |
| Total equity and liabilities | 10/49 | €770,424 | €829,764 | +€59,340 | +7.7% |
| Equity | 10/15 | €603,366 | €637,099 | +€33,733 | +5.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €582,906 | €616,639 | +€33,733 | +5.8% |
| Amounts payable | 17/49 | €167,058 | €192,665 | +€25,607 | +15.3% |
| Amounts payable within one year | 42/48 | €132,790 | €167,394 | +€34,604 | +26.1% |
| Trade debts | 44 | €77,956 | €103,423 | +€25,467 | +32.7% |
| Suppliers | 440/4 | €77,956 | €103,423 | +€25,467 | +32.7% |
| Advances received on contracts in progress | 46 | - | €25 | +€25 | |
| Taxes, remuneration and social security | 45 | €9,834 | €9,348 | -€486 | -4.9% |
| Taxes | 450/3 | €9,834 | €9,348 | -€486 | -4.9% |
| Other amounts payable | 47/48 | €45,000 | €54,598 | +€9,598 | +21.3% |
| Accrued charges and deferred income | 492/3 | €34,268 | €25,271 | -€8,997 | -26.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,374 | €83,593 | +€218 | +0.3% |
| Other operating charges | 640/8 | €1,198 | €5,172 | +€3,974 | +331.6% |
| Gross operating margin | 9900 | €228,341 | €116,102 | -€112,239 | -49.2% |
| Operating profit (loss) | 9901 | €143,768 | €27,337 | -€116,431 | -81.0% |
| Financial income | 75/76B | €37,621 | €18,828 | -€18,794 | -50.0% |
| Recurring financial income | 75 | €37,621 | €18,828 | -€18,794 | -50.0% |
| Financial charges | 65/66B | €2,818 | €201 | -€2,617 | -92.9% |
| Recurring financial charges | 65 | €2,818 | €201 | -€2,617 | -92.9% |
| Profit (loss) for the period before taxes | 9903 | €178,571 | €45,964 | -€132,607 | -74.3% |
| Income taxes | 67/77 | €45,582 | €12,231 | -€33,351 | -73.2% |
| Profit (loss) for the period | 9904 | €132,990 | €33,733 | -€99,257 | -74.6% |
| Profit (loss) for the period to be appropriated | 9905 | €132,990 | €33,733 | -€99,257 | -74.6% |
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.