ATHMOS CAPITAL: 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
ATHMOS CAPITAL
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€1.1m
2024 · -€1.2m+€96,225
Equity
€9.1m
2024 · €10.3m-€1.1m
Cash
€589,347
2024 · €48,685+€540,662
Balance sheet total
€34.4m
2024 · €35.1m-€727,502
Largest movements
Assets
- Financial fixed assets -€1.5m
down €1.5m (-4.2%), from €34.5m to €33.0m
of which Other financial fixed assets: -€1.2m
- Cash +€540,662
up €540,662 (+1,111%), from €48,685 to €589,347
mainly Investment in fixed assets (net) (+€1.5m) and Other debts (+€636,064)
Equity and liabilities
- Profit (loss) carried forward -€1.1m
down €1.1m (-265%), from -€427,883 to -€1.6m
- Other debts +€636,064
up €636,064 (+2.7%), from €23.7m to €24.3m
Income statement
No income-statement line moved by more than 1% of the activity.
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
-€1.2m
Other operating charges
-€38
Other operating items
-€11,927
Financial income
+€68,192
Financial charges
+€40,739
Taxes
-€742
Result 2025
-€1.1m
raises the resultlowers the resultnot broken down further in the accounts
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
-€918,425
Investment
+€1.5m
Financing
€0
Cash 2024
€48,685
From operations (derived)
-€918,425
Net result for the year
-€1.1m
Receivables within one year
-€190,927
Deferred charges and accrued income
+€4
Trade debts
+€12,857
Other debts
+€636,064
Accrued charges and deferred income
-€243,732
Investment (derived)
+€1.5m
Investment in fixed assets (net)
+€1.5m
Cash 2025
€589,347
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €35,128,963 | €34,401,461 | -€727,502 | -2.1% |
| Fixed assets | 21/28 | €34,485,682 | €33,026,595 | -€1.5m | -4.2% |
| Financial fixed assets | 28 | €34,485,682 | €33,026,595 | -€1.5m | -4.2% |
| Affiliated companies | 280/1 | €20,427,751 | €20,143,133 | -€284,618 | -1.4% |
| Participating interests | 280 | €20,427,751 | €20,143,133 | -€284,618 | -1.4% |
| Other financial fixed assets | 284/8 | €14,057,931 | €12,883,462 | -€1.2m | -8.4% |
| Shares | 284 | €14,057,931 | €12,883,462 | -€1.2m | -8.4% |
| Current assets | 29/58 | €643,281 | €1,374,866 | +€731,585 | +114% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €594,592 | €785,519 | +€190,927 | +32.1% |
| Trade receivables | 40 | €71 | €0 | -€71 | -100% |
| Other amounts receivable | 41 | €594,521 | €785,519 | +€190,998 | +32.1% |
| Cash at bank and in hand | 54/58 | €48,685 | €589,347 | +€540,662 | +1,111% |
| Deferred charges and accrued income | 490/1 | €4 | €0 | -€4 | -100% |
| Total equity and liabilities | 10/49 | €35,128,963 | €34,401,461 | -€727,502 | -2.1% |
| Equity | 10/15 | €10,272,006 | €9,139,315 | -€1.1m | -11.0% |
| Contributions | 10/11 | €4,059,000 | €4,059,000 | = | 0.0% |
| Capital | 10 | €4,059,000 | €4,059,000 | = | 0.0% |
| Issued capital | 100 | €4,059,000 | €4,059,000 | = | 0.0% |
| Reserves | 13 | €6,640,890 | €6,640,890 | = | 0.0% |
| Non-distributable reserves | 130/1 | €390,890 | €390,890 | = | 0.0% |
| Legal reserve | 130 | €390,890 | €390,890 | = | 0.0% |
| Distributable reserves | 133 | €6,250,000 | €6,250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€427,883 | -€1,560,574 | -€1.1m | -265% |
| Amounts payable | 17/49 | €24,856,957 | €25,262,146 | +€405,189 | +1.6% |
| Amounts payable within one year | 42/48 | €23,710,893 | €24,359,814 | +€648,921 | +2.7% |
| Trade debts | 44 | €10,893 | €23,750 | +€12,857 | +118% |
| Suppliers | 440/4 | €10,893 | €23,750 | +€12,857 | +118% |
| Other amounts payable | 47/48 | €23,700,000 | €24,336,064 | +€636,064 | +2.7% |
| Accrued charges and deferred income | 492/3 | €1,146,064 | €902,332 | -€243,732 | -21.3% |
| Operating charges | 60/66A | €18,627 | €30,592 | +€11,965 | +64.2% |
| Services and other goods | 61 | €17,448 | €29,375 | +€11,927 | +68.4% |
| Other operating charges | 640/8 | €1,179 | €1,217 | +€38 | +3.2% |
| Operating profit (loss) | 9901 | -€18,627 | -€30,592 | -€11,965 | -64.2% |
| Financial income | 75/76B | €4,706 | €72,899 | +€68,192 | +1,449% |
| Recurring financial income | 75 | €4,706 | €4,946 | +€239 | +5.1% |
| Income from financial fixed assets | 750 | €4,641 | €4,946 | +€304 | +6.6% |
| Income from current assets | 751 | €0 | - | = | |
| Other financial income | 752/9 | €65 | €0 | -€65 | -100% |
| Non-recurring financial income | 76B | - | €67,953 | +€67,953 | |
| Financial charges | 65/66B | €1,214,995 | €1,174,256 | -€40,739 | -3.4% |
| Recurring financial charges | 65 | €1,147,042 | €1,023,672 | -€123,370 | -10.8% |
| Debt charges | 650 | €1,146,064 | €902,332 | -€243,732 | -21.3% |
| Other financial charges | 652/9 | €978 | €121,340 | +€120,362 | +12,307% |
| Non-recurring financial charges | 66B | €67,953 | €150,584 | +€82,631 | +122% |
| Profit (loss) for the period before taxes | 9903 | -€1,228,916 | -€1,131,949 | +€96,966 | +7.9% |
| Income taxes | 67/77 | - | €742 | +€742 | |
| Taxes | 670/3 | - | €742 | +€742 | |
| Profit (loss) for the period | 9904 | -€1,228,916 | -€1,132,691 | +€96,225 | +7.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,228,916 | -€1,132,691 | +€96,225 | +7.8% |
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 29 October 2026 via checked.be.