Athilex: 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.
What changed
Athilex
NACE 46.140, Agents in the wholesale of industrial machinery, ships and aircraft
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.1m
2024 · €1.1m-€56,963
Equity
€5.0m
2024 · €4.1m+€896,864
Cash
€269,121
2024 · €381,365-€112,244
Balance sheet total
€9.6m
2024 · €7.5m+€2.1m
Largest movements
Assets
- Tangible fixed assets +€2.2m
up €2.2m (+622%), from €359,571 to €2.6m
of which Land and buildings: +€2.3m
- Stocks and contracts -€303,084
down €303,084 (-5.5%), from €5.5m to €5.2m
- Receivables within one year +€264,772
up €264,772 (+21.6%), from €1.2m to €1.5m
of which Trade receivables: +€242,293
- Cash -€112,244
down €112,244 (-29.4%), from €381,365 to €269,121
mainly Investment in fixed assets (net) (-€2.6m) and Receivables within one year (-€264,772)
Equity and liabilities
- Trade debts +€536,850
up €536,850 (+304%), from €176,805 to €713,655
- Reserves +€463,100
up €463,100 (+49.8%), from €929,113 to €1.4m
- Profit (loss) carried forward +€433,764
up €433,764 (+14.0%), from €3.1m to €3.5m
- Short-term financial debts +€390,000
up €390,000 (+13.7%), from €2.9m to €3.2m
- Tax, wage and social debts +€96,077
up €96,077 (+61.7%), from €155,602 to €251,679
of which Taxes: +€79,756
Income statement
- Turnover +€2.5m
up €2.5m (+13.9%), from €18.3m to €20.9m
- Goods and materials +€1.6m
up €1.6m (+10.3%), from €16.0m to €17.7m
of which Change in stocks: decrease (increase): +€2.7m
- Services and other goods +€474,563
up €474,563 (+71.4%), from €664,255 to €1.1m
- Depreciation +€332,854
up €332,854 (+749%), from €44,439 to €377,292
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.
Result 2024
€1.1m
Turnover
+€2.5m
Other operating income
-€2,268
Goods and materials
-€1.6m
Services and other goods
-€474,563
Staff costs
-€69,902
Depreciation
-€332,854
Write-downs
-€4,132
Other operating charges
-€3,846
Financial income
+€27,250
Financial charges
-€81,554
Taxes
-€10,848
Result 2025
€1.1m
raises the resultlowers the result
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.
From operations
+€2.3m
Investment
-€2.6m
Financing
+€234,312
Cash 2024
€381,365
From operations (derived)
+€2.3m
Net result for the year
+€1.1m
Depreciation
+€377,292
Stocks and contracts
+€303,084
Receivables within one year
-€264,772
Deferred charges and accrued income
-€12,408
Trade debts
+€536,850
Tax, wage and social debts
+€96,077
Advances received
+€37,060
Other debts
+€87,955
Accrued charges and deferred income
+€51,919
Investment (derived)
-€2.6m
Investment in fixed assets (net)
-€2.6m
Financing
+€234,312
Short-term financial debts
+€390,000
Contributions, distributions and other
-€155,688
Cash 2025
€269,121
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,463,247 | €9,559,972 | +€2.1m | +28.1% |
| Formation expenses | 20 | €302 | €60 | -€242 | -80.0% |
| Fixed assets | 21/28 | €359,571 | €2,594,687 | +€2.2m | +622% |
| Tangible fixed assets | 22/27 | €359,571 | €2,594,687 | +€2.2m | +622% |
| Land and buildings | 22 | €35,451 | €2,308,566 | +€2.3m | +6,412% |
| Plant, machinery and equipment | 23 | €225,314 | €171,076 | -€54,239 | -24.1% |
| Furniture and vehicles | 24 | €79,323 | €99,528 | +€20,205 | +25.5% |
| Other tangible fixed assets | 26 | €19,483 | €15,517 | -€3,966 | -20.4% |
| Current assets | 29/58 | €7,103,374 | €6,965,225 | -€138,149 | -1.9% |
| Stocks and contracts in progress | 3 | €5,486,830 | €5,183,746 | -€303,084 | -5.5% |
| Stocks | 30/36 | €5,486,830 | €5,183,746 | -€303,084 | -5.5% |
| Goods purchased for resale | 34 | €5,450,809 | €5,183,746 | -€267,063 | -4.9% |
| Advance payments | 36 | €36,021 | €0 | -€36,021 | -100% |
| Amounts receivable within one year | 40/41 | €1,227,177 | €1,491,949 | +€264,772 | +21.6% |
| Trade receivables | 40 | €1,147,746 | €1,390,039 | +€242,293 | +21.1% |
| Other amounts receivable | 41 | €79,431 | €101,910 | +€22,479 | +28.3% |
| Cash at bank and in hand | 54/58 | €381,365 | €269,121 | -€112,244 | -29.4% |
| Deferred charges and accrued income | 490/1 | €8,002 | €20,410 | +€12,408 | +155% |
| Total equity and liabilities | 10/49 | €7,463,247 | €9,559,972 | +€2.1m | +28.1% |
| Equity | 10/15 | €4,124,212 | €5,021,076 | +€896,864 | +21.7% |
| Contributions | 10/11 | €99,000 | €99,000 | = | 0.0% |
| Reserves | 13 | €929,113 | €1,392,213 | +€463,100 | +49.8% |
| Tax-exempt reserves | 132 | €929,113 | €1,392,213 | +€463,100 | +49.8% |
| Profit (loss) carried forward | 14 | €3,096,098 | €3,529,862 | +€433,764 | +14.0% |
| Amounts payable | 17/49 | €3,339,035 | €4,538,897 | +€1.2m | +35.9% |
| Amounts payable within one year | 42/48 | €3,326,891 | €4,474,834 | +€1.1m | +34.5% |
| Financial debts | 43 | €2,850,000 | €3,240,000 | +€390,000 | +13.7% |
| Credit institutions | 430/8 | €2,850,000 | €3,240,000 | +€390,000 | +13.7% |
| Trade debts | 44 | €176,805 | €713,655 | +€536,850 | +304% |
| Suppliers | 440/4 | €176,805 | €713,655 | +€536,850 | +304% |
| Advances received on contracts in progress | 46 | €0 | €37,060 | +€37,060 | |
| Taxes, remuneration and social security | 45 | €155,602 | €251,679 | +€96,077 | +61.7% |
| Taxes | 450/3 | €139,145 | €218,901 | +€79,756 | +57.3% |
| Remuneration and social security | 454/9 | €16,457 | €32,778 | +€16,322 | +99.2% |
| Other amounts payable | 47/48 | €144,485 | €232,440 | +€87,955 | +60.9% |
| Accrued charges and deferred income | 492/3 | €12,144 | €64,063 | +€51,919 | +428% |
| Operating income | 70/76A | €18,327,563 | €20,864,731 | +€2.5m | +13.8% |
| Turnover | 70 | €18,315,645 | €20,855,081 | +€2.5m | +13.9% |
| Other operating income | 74 | €11,918 | €9,650 | -€2,268 | -19.0% |
| Operating charges | 60/66A | €16,881,422 | €19,410,400 | +€2.5m | +15.0% |
| Goods for resale, raw materials and consumables | 60 | €16,015,473 | €17,659,154 | +€1.6m | +10.3% |
| Purchases | 600/8 | €18,441,180 | €17,392,091 | -€1.0m | -5.7% |
| Change in stocks: decrease (increase) | 609 | -€2,425,708 | €267,063 | +€2.7m | |
| Services and other goods | 61 | €664,255 | €1,138,818 | +€474,563 | +71.4% |
| Remuneration, social security and pensions | 62 | €155,185 | €225,087 | +€69,902 | +45.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,439 | €377,292 | +€332,854 | +749% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€4,132 | €0 | +€4,132 | |
| Other operating charges | 640/8 | €6,203 | €10,050 | +€3,846 | +62.0% |
| Operating profit (loss) | 9901 | €1,446,142 | €1,454,331 | +€8,189 | +0.6% |
| Financial income | 75/76B | €38,119 | €65,370 | +€27,250 | +71.5% |
| Recurring financial income | 75 | €38,119 | €65,370 | +€27,250 | +71.5% |
| Income from current assets | 751 | €2,673 | €20,886 | +€18,213 | +681% |
| Other financial income | 752/9 | €35,446 | €44,484 | +€9,037 | +25.5% |
| Financial charges | 65/66B | €53,037 | €134,592 | +€81,554 | +154% |
| Recurring financial charges | 65 | €53,037 | €134,592 | +€81,554 | +154% |
| Debt charges | 650 | - | €62,789 | +€62,789 | |
| Other financial charges | 652/9 | €53,037 | €71,802 | +€18,765 | +35.4% |
| Profit (loss) for the period before taxes | 9903 | €1,431,224 | €1,385,108 | -€46,115 | -3.2% |
| Income taxes | 67/77 | €321,709 | €332,557 | +€10,848 | +3.4% |
| Taxes | 670/3 | €321,709 | €332,557 | +€10,848 | +3.4% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €1,109,515 | €1,052,552 | -€56,963 | -5.1% |
| Transfer to tax-exempt reserves | 689 | €421,000 | €463,100 | +€42,100 | +10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €688,515 | €589,452 | -€99,063 | -14.4% |
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 14 October 2026 via checked.be.