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Athleta: what changed

Two fiscal 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

Athleta

BE 0464.079.771
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€122,540
2023 · €63,390+€59,150
Equity
€831,279
2023 · €708,739+€122,540
Cash
€272,415
2023 · €162,030+€110,385
Balance sheet total
€1.1m
2023 · €926,509+€137,426

Largest movements

2023 to 2024
Assets
  • Cash +€110,385

    up €110,385 (+68.1%), from €162,030 to €272,415

    mainly Net result for the year (+€122,540) and Depreciation (+€34,620)

  • Receivables within one year +€30,409

    up €30,409 (+336.7%), from €9,032 to €39,441

    of which Other amounts receivable: +€17,846

Equity and liabilities
  • Reserves +€123,750

    up €123,750 (+18.0%), from €688,929 to €812,679

    of which Distributable reserves: +€124,693

  • Other debts +€19,950

    up €19,950 (+20.5%), from €97,474 to €117,424

  • Tax, wage and social debts +€14,144

    up €14,144 (+273.7%), from €5,168 to €19,312

    of which Taxes: +€14,144

  • Debts after one year -€12,610

    down €12,610 (-16.2%), from €77,959 to €65,350

Income statement
  • Gross operating margin +€53,762

    up €53,762 (+33.4%), from €160,961 to €214,723

  • Taxes +€27,145

    up €27,145 (+112.9%), from €24,036 to €51,181

  • Other operating charges -€20,721

    down €20,721 (-79.6%), from €26,037 to €5,316

  • Depreciation -€10,772

    down €10,772 (-23.7%), from €45,393 to €34,620

From the 2023 result to the 2024 result

effect on the 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 2023 €63,390
Gross operating margin +€53,762
Depreciation +€10,772
Other operating charges +€20,721
Financial income +€417
Financial charges +€443
Taxes -€27,145
Deferred taxes and other +€178
Result 2024 €122,540

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€153,951
Investment -€31,251
Financing -€12,314
Cash 2023 €162,030
Net result for the year +€122,540
Depreciation +€34,620
Receivables within one year -€30,409
Provisions -€236
Trade debts -€5,628
Tax, wage and social debts +€14,144
Other debts +€19,950
Accrued charges and deferred income -€1,031
Investment in fixed assets (net) -€31,251
Debts after one year -€12,610
Current portion of long-term debt +€296
Cash 2024 €272,415
Every line side by side 49 lines
Line Code 2023 2024 Change %
Total assets 20/58 €926,509 €1,063,934 +€137,426 +14.8%
Fixed assets 21/28 €755,447 €752,078 -€3,369 -0.4%
Tangible fixed assets 22/27 €755,447 €752,078 -€3,369 -0.4%
Land and buildings 22 €694,855 €709,357 +€14,502 +2.1%
Plant, machinery and equipment 23 €34,145 €25,097 -€9,047 -26.5%
Furniture and vehicles 24 €26,447 €17,623 -€8,824 -33.4%
Current assets 29/58 €171,062 €311,857 +€140,795 +82.3%
Amounts receivable within one year 40/41 €9,032 €39,441 +€30,409 +336.7%
Trade receivables 40 €2,078 €14,641 +€12,563 +604.6%
Other amounts receivable 41 €6,954 €24,800 +€17,846 +256.6%
Cash at bank and in hand 54/58 €162,030 €272,415 +€110,385 +68.1%
Total equity and liabilities 10/49 €926,509 €1,063,934 +€137,426 +14.8%
Equity 10/15 €708,739 €831,279 +€122,540 +17.3%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €688,929 €812,679 +€123,750 +18.0%
Tax-exempt reserves 132 €72,349 €71,405 -€943 -1.3%
Distributable reserves 133 €616,580 €741,273 +€124,693 +20.2%
Profit (loss) carried forward 14 €1,210 - -€1,210
Provisions and deferred taxes 16 €17,976 €17,740 -€236 -1.3%
Deferred taxes 168 €17,976 €17,740 -€236 -1.3%
Amounts payable 17/49 €199,794 €214,916 +€15,122 +7.6%
Amounts payable after more than one year 17 €77,959 €65,350 -€12,610 -16.2%
Financial debts 170/4 €77,959 €65,350 -€12,610 -16.2%
Amounts payable within one year 42/48 €120,804 €149,566 +€28,762 +23.8%
Current portion of amounts payable after more than one year 42 €12,314 €12,610 +€296 +2.4%
Trade debts 44 €5,849 €221 -€5,628 -96.2%
Suppliers 440/4 €5,849 €221 -€5,628 -96.2%
Taxes, remuneration and social security 45 €5,168 €19,312 +€14,144 +273.7%
Taxes 450/3 €5,168 €19,312 +€14,144 +273.7%
Remuneration and social security 454/9 €0 - =
Other amounts payable 47/48 €97,474 €117,424 +€19,950 +20.5%
Accrued charges and deferred income 492/3 €1,031 - -€1,031
Non-recurring operating income 76A €0 - =
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €45,393 €34,620 -€10,772 -23.7%
Other operating charges 640/8 €26,037 €5,316 -€20,721 -79.6%
Gross operating margin 9900 €160,961 €214,723 +€53,762 +33.4%
Operating profit (loss) 9901 €89,531 €174,786 +€85,256 +95.2%
Financial income 75/76B €633 €1,051 +€417 +65.9%
Recurring financial income 75 €633 €1,051 +€417 +65.9%
Financial charges 65/66B €2,795 €2,352 -€443 -15.8%
Recurring financial charges 65 €2,795 €2,352 -€443 -15.8%
Profit (loss) for the period before taxes 9903 €87,369 €173,485 +€86,116 +98.6%
Transfer from deferred taxes 780 €58 €236 +€178 +309.6%
Transfer to deferred taxes 680 €0 - =
Income taxes 67/77 €24,036 €51,181 +€27,145 +112.9%
Profit (loss) for the period 9904 €63,390 €122,540 +€59,150 +93.3%
Transfer from tax-exempt reserves 789 €230 €943 +€713 +309.6%
Transfer to tax-exempt reserves 689 €0 - =
Profit (loss) for the period to be appropriated 9905 €63,621 €123,483 +€59,863 +94.1%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.