ATHENA DG: 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.
ATHENA DG
Largest movements
- Receivables within one year +€1,815
new in 2025: €1,815
- Cash -€1,028
down €1,028 (-41.3%), from €2,489 to €1,461
mainly Contributions, distributions and other (-€5,100) and Other debts (-€4,301)
- Deferred charges and accrued income +€438
up €438 (+654%), from €67 to €505
- Profit (loss) carried forward +€9,812
up €9,812 (+21.9%), from -€44,766 to -€34,954
- Contributions -€5,100
down €5,100 (-12.7%), from €40,100 to €35,000
- Other debts -€4,301
down €4,301 (-84.2%), from €5,109 to €808
- Trade debts +€563
up €563 (+423%), from €133 to €696
- Tax, wage and social debts +€251
up €251 (+13.7%), from €1,830 to €2,081
- Gross operating margin +€9,180
up €9,180 (+933%), from €984 to €10,164
- Other operating charges +€148
up €148 (+105%), from €141 to €289
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 | €2,556 | €3,781 | +€1,225 | +47.9% |
| Current assets | 29/58 | €2,556 | €3,781 | +€1,225 | +47.9% |
| Amounts receivable within one year | 40/41 | - | €1,815 | +€1,815 | |
| Trade receivables | 40 | - | €1,815 | +€1,815 | |
| Cash at bank and in hand | 54/58 | €2,489 | €1,461 | -€1,028 | -41.3% |
| Deferred charges and accrued income | 490/1 | €67 | €505 | +€438 | +654% |
| Total equity and liabilities | 10/49 | €2,556 | €3,781 | +€1,225 | +47.9% |
| Equity | 10/15 | -€4,516 | €196 | +€4,712 | |
| Contributions | 10/11 | €40,100 | €35,000 | -€5,100 | -12.7% |
| Reserves | 13 | €150 | €150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €150 | €150 | = | 0.0% |
| Reserves not available under the articles | 1311 | €150 | €150 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,766 | -€34,954 | +€9,812 | +21.9% |
| Amounts payable | 17/49 | €7,072 | €3,585 | -€3,487 | -49.3% |
| Amounts payable within one year | 42/48 | €7,072 | €3,585 | -€3,487 | -49.3% |
| Trade debts | 44 | €133 | €696 | +€563 | +423% |
| Suppliers | 440/4 | €133 | €696 | +€563 | +423% |
| Taxes, remuneration and social security | 45 | €1,830 | €2,081 | +€251 | +13.7% |
| Taxes | 450/3 | €1,830 | €2,081 | +€251 | +13.7% |
| Other amounts payable | 47/48 | €5,109 | €808 | -€4,301 | -84.2% |
| Other operating charges | 640/8 | €141 | €289 | +€148 | +105% |
| Gross operating margin | 9900 | €984 | €10,164 | +€9,180 | +933% |
| Operating profit (loss) | 9901 | €843 | €9,875 | +€9,032 | +1,071% |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | - | €72 | +€72 | |
| Recurring financial charges | 65 | - | €72 | +€72 | |
| Profit (loss) for the period before taxes | 9903 | €843 | €9,812 | +€8,969 | +1,064% |
| Profit (loss) for the period | 9904 | €843 | €9,812 | +€8,969 | +1,064% |
| Profit (loss) for the period to be appropriated | 9905 | €843 | €9,812 | +€8,969 | +1,064% |
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 31 October 2026 via checked.be.