ATHORYS: 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.
ATHORYS
Largest movements
- Stocks and contracts +€2,731
up €2,731 (+63.7%), from €4,289 to €7,020
- Receivables within one year -€1,507
down €1,507 (-67.1%), from €2,247 to €740
of which Trade receivables: -€1,389
- Cash +€962
up €962 (+94.1%), from €1,023 to €1,985
mainly Other debts (+€36,613) and Trade debts (+€2,828)
- Profit (loss) carried forward -€37,419
down €37,419 (-692.3%), from -€5,405 to -€42,825
- Other debts +€36,613
up €36,613 (+353.7%), from €10,352 to €46,965
- Trade debts +€2,828
up €2,828 (+160.8%), from €1,759 to €4,587
- Tax, wage and social debts +€165
new in 2025: €165
- Gross operating margin -€31,965
down €31,965 (-644.4%), from -€4,960 to -€36,925
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.
Cash bridge derived
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 | €8,706 | €10,892 | +€2,186 | +25.1% |
| Formation expenses | 20 | €1,147 | €1,147 | = | 0.0% |
| Current assets | 29/58 | €7,559 | €9,745 | +€2,186 | +28.9% |
| Stocks and contracts in progress | 3 | €4,289 | €7,020 | +€2,731 | +63.7% |
| Stocks | 30/36 | €4,289 | €7,020 | +€2,731 | +63.7% |
| Amounts receivable within one year | 40/41 | €2,247 | €740 | -€1,507 | -67.1% |
| Trade receivables | 40 | €1,389 | - | -€1,389 | |
| Other amounts receivable | 41 | €858 | €740 | -€118 | -13.8% |
| Cash at bank and in hand | 54/58 | €1,023 | €1,985 | +€962 | +94.1% |
| Total equity and liabilities | 10/49 | €8,706 | €10,892 | +€2,186 | +25.1% |
| Equity | 10/15 | -€3,405 | -€40,825 | -€37,419 | -1098.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,405 | -€42,825 | -€37,419 | -692.3% |
| Amounts payable | 17/49 | €12,111 | €51,717 | +€39,605 | +327.0% |
| Amounts payable within one year | 42/48 | €12,111 | €51,717 | +€39,605 | +327.0% |
| Trade debts | 44 | €1,759 | €4,587 | +€2,828 | +160.8% |
| Suppliers | 440/4 | €1,759 | €4,587 | +€2,828 | +160.8% |
| Taxes, remuneration and social security | 45 | - | €165 | +€165 | |
| Taxes | 450/3 | - | €165 | +€165 | |
| Other amounts payable | 47/48 | €10,352 | €46,965 | +€36,613 | +353.7% |
| Other operating charges | 640/8 | €387 | €404 | +€16 | +4.2% |
| Gross operating margin | 9900 | -€4,960 | -€36,925 | -€31,965 | -644.4% |
| Operating profit (loss) | 9901 | -€5,347 | -€37,328 | -€31,981 | -598.1% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €58 | €91 | +€33 | +56.6% |
| Recurring financial charges | 65 | €58 | €91 | +€33 | +56.6% |
| Profit (loss) for the period before taxes | 9903 | -€5,405 | -€37,419 | -€32,014 | -592.3% |
| Profit (loss) for the period | 9904 | -€5,405 | -€37,419 | -€32,014 | -592.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,405 | -€37,419 | -€32,014 | -592.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.