ATHENATURE: 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.
ATHENATURE
Largest movements
- Cash -€5,663
down €5,663 (-48.4%), from €11,711 to €6,049
mainly Other debts (-€4,581) and Net result for the year (-€2,294)
- Receivables within one year -€671
down €671 (-98.9%), from €679 to €7
of which Other amounts receivable: -€671
- Other debts -€4,581
down €4,581 (-8.1%), from €56,324 to €51,743
- Profit (loss) carried forward -€2,294
down €2,294 (-4.5%), from -€51,010 to -€53,304
- Trade debts +€541
up €541 (+62.8%), from €861 to €1,401
- Gross operating margin -€7,076
down €7,076, from €5,526 to -€1,550
- Financial charges +€663
up €663 (+829%), from €80 to €743
- Other operating charges -€409
no longer reported in 2025 (was €409)
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 | €12,390 | €6,056 | -€6,334 | -51.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Current assets | 29/58 | €12,390 | €6,056 | -€6,334 | -51.1% |
| Amounts receivable within one year | 40/41 | €679 | €7 | -€671 | -98.9% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €679 | €7 | -€671 | -98.9% |
| Cash at bank and in hand | 54/58 | €11,711 | €6,049 | -€5,663 | -48.4% |
| Total equity and liabilities | 10/49 | €12,390 | €6,056 | -€6,334 | -51.1% |
| Equity | 10/15 | -€44,795 | -€47,088 | -€2,294 | -5.1% |
| Contributions | 10/11 | €6,215 | €6,215 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,010 | -€53,304 | -€2,294 | -4.5% |
| Amounts payable | 17/49 | €57,185 | €53,144 | -€4,040 | -7.1% |
| Amounts payable within one year | 42/48 | €57,185 | €53,144 | -€4,040 | -7.1% |
| Trade debts | 44 | €861 | €1,401 | +€541 | +62.8% |
| Suppliers | 440/4 | €861 | €1,401 | +€541 | +62.8% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €56,324 | €51,743 | -€4,581 | -8.1% |
| Other operating charges | 640/8 | €409 | - | -€409 | |
| Gross operating margin | 9900 | €5,526 | -€1,550 | -€7,076 | |
| Operating profit (loss) | 9901 | €5,116 | -€1,550 | -€6,667 | |
| Financial charges | 65/66B | €80 | €743 | +€663 | +829% |
| Recurring financial charges | 65 | €80 | €743 | +€663 | +829% |
| Profit (loss) for the period before taxes | 9903 | €5,036 | -€2,294 | -€7,330 | |
| Profit (loss) for the period | 9904 | €5,036 | -€2,294 | -€7,330 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,036 | -€2,294 | -€7,330 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.