ATHLETICO: 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.
ATHLETICO
Largest movements
- Cash -€13,374
down €13,374 (-81.1%), from €16,481 to €3,107
mainly Net result for the year (-€58,005) and Debts after one year (-€13,470)
- Tangible fixed assets -€4,679
down €4,679 (-18.6%), from €25,173 to €20,494
of which Land and buildings: -€3,707
- Deferred charges and accrued income +€3,233
up €3,233 (+553.4%), from €584 to €3,817
- Receivables within one year -€1,402
no longer reported in 2024 (was €1,402)
- Stocks and contracts -€952
down €952 (-6.4%), from €14,884 to €13,932
- Profit (loss) carried forward -€58,005
down €58,005 (-19.0%), from -€305,746 to -€363,751
- Trade debts +€21,016
up €21,016 (+36.9%), from €56,904 to €77,920
- Other debts +€20,733
up €20,733 (+79.2%), from €26,183 to €46,916
- Debts after one year -€13,470
down €13,470 (-38.2%), from €35,284 to €21,813
- Current portion of long-term debt +€9,436
up €9,436 (+49.6%), from €19,011 to €28,447
- Staff costs -€27,771
down €27,771 (-28.2%), from €98,350 to €70,579
- Gross operating margin -€27,483
down €27,483 (-45.0%), from €61,071 to €33,588
- Financial income +€2,697
up €2,697 (+314.8%), from €857 to €3,553
- Financial charges +€2,318
up €2,318 (+17.4%), from €13,288 to €15,606
- Other operating charges +€1,901
up €1,901 (+79.8%), from €2,382 to €4,283
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €59,325 | €42,150 | -€17,175 | -29.0% |
| Fixed assets | 21/28 | €25,973 | €21,294 | -€4,679 | -18.0% |
| Tangible fixed assets | 22/27 | €25,173 | €20,494 | -€4,679 | -18.6% |
| Land and buildings | 22 | €21,253 | €17,546 | -€3,707 | -17.4% |
| Plant, machinery and equipment | 23 | €2,230 | €1,652 | -€577 | -25.9% |
| Furniture and vehicles | 24 | €1,690 | €1,296 | -€394 | -23.3% |
| Financial fixed assets | 28 | €800 | €800 | = | 0.0% |
| Current assets | 29/58 | €33,352 | €20,856 | -€12,496 | -37.5% |
| Stocks and contracts in progress | 3 | €14,884 | €13,932 | -€952 | -6.4% |
| Stocks | 30/36 | €14,884 | €13,932 | -€952 | -6.4% |
| Amounts receivable within one year | 40/41 | €1,402 | - | -€1,402 | |
| Other amounts receivable | 41 | €1,402 | - | -€1,402 | |
| Cash at bank and in hand | 54/58 | €16,481 | €3,107 | -€13,374 | -81.1% |
| Deferred charges and accrued income | 490/1 | €584 | €3,817 | +€3,233 | +553.4% |
| Total equity and liabilities | 10/49 | €59,325 | €42,150 | -€17,175 | -29.0% |
| Equity | 10/15 | -€141,502 | -€199,507 | -€58,005 | -41.0% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €102,271 | €102,271 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,790 | €3,790 | = | 0.0% |
| Legal reserve | 130 | €3,790 | €3,790 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,507 | €15,507 | = | 0.0% |
| Distributable reserves | 133 | €82,974 | €82,974 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€305,746 | -€363,751 | -€58,005 | -19.0% |
| Amounts payable | 17/49 | €200,826 | €241,657 | +€40,830 | +20.3% |
| Amounts payable after more than one year | 17 | €35,284 | €21,813 | -€13,470 | -38.2% |
| Financial debts | 170/4 | €35,284 | €21,813 | -€13,470 | -38.2% |
| Amounts payable within one year | 42/48 | €165,543 | €219,844 | +€54,301 | +32.8% |
| Current portion of amounts payable after more than one year | 42 | €19,011 | €28,447 | +€9,436 | +49.6% |
| Financial debts | 43 | €39,290 | €39,442 | +€152 | +0.4% |
| Credit institutions | 430/8 | €39,290 | €39,442 | +€152 | +0.4% |
| Trade debts | 44 | €56,904 | €77,920 | +€21,016 | +36.9% |
| Suppliers | 440/4 | €56,904 | €77,920 | +€21,016 | +36.9% |
| Taxes, remuneration and social security | 45 | €24,155 | €27,120 | +€2,964 | +12.3% |
| Taxes | 450/3 | €5,060 | €21,733 | +€16,673 | +329.5% |
| Remuneration and social security | 454/9 | €19,095 | €5,387 | -€13,709 | -71.8% |
| Other amounts payable | 47/48 | €26,183 | €46,916 | +€20,733 | +79.2% |
| Remuneration, social security and pensions | 62 | €98,350 | €70,579 | -€27,771 | -28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,165 | €4,679 | -€1,487 | -24.1% |
| Other operating charges | 640/8 | €2,382 | €4,283 | +€1,901 | +79.8% |
| Gross operating margin | 9900 | €61,071 | €33,588 | -€27,483 | -45.0% |
| Operating profit (loss) | 9901 | -€45,826 | -€45,952 | -€126 | -0.3% |
| Financial income | 75/76B | €857 | €3,553 | +€2,697 | +314.8% |
| Recurring financial income | 75 | €857 | €3,553 | +€2,697 | +314.8% |
| Financial charges | 65/66B | €13,288 | €15,606 | +€2,318 | +17.4% |
| Recurring financial charges | 65 | €13,288 | €15,606 | +€2,318 | +17.4% |
| Profit (loss) for the period before taxes | 9903 | -€58,258 | -€58,005 | +€253 | +0.4% |
| Profit (loss) for the period | 9904 | -€58,258 | -€58,005 | +€253 | +0.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€58,258 | -€58,005 | +€253 | +0.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.