Athos: 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.
Athos
Largest movements
- Financial fixed assets +€50,000
new in 2025: €50,000
- Receivables within one year +€15,637
up €15,637 (+47.9%), from €32,633 to €48,271
of which Other amounts receivable: +€20,164
- Tangible fixed assets -€15,560
down €15,560 (-3.9%), from €403,758 to €388,198
of which Land and buildings: -€13,433
- Cash -€13,168
down €13,168 (-67.9%), from €19,382 to €6,213
mainly Investment in fixed assets (net) (-€56,650) and Debts after one year (-€25,238)
- Profit (loss) carried forward +€37,899
up €37,899, from -€2,330 to €35,568
- Debts after one year -€25,238
down €25,238 (-6.4%), from €394,014 to €368,776
- Tax, wage and social debts +€14,764
up €14,764 (+125.0%), from €11,808 to €26,572
- Short-term financial debts +€7,000
new in 2025: €7,000
- Trade debts +€5,371
new in 2025: €5,371
- Gross operating margin +€38,572
up €38,572 (+76.1%), from €50,672 to €89,244
- Taxes +€11,190
up €11,190 (+189.2%), from €5,916 to €17,106
- Other operating charges -€1,412
down €1,412 (-36.4%), from €3,883 to €2,471
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 | €460,561 | €497,250 | +€36,689 | +8.0% |
| Fixed assets | 21/28 | €403,758 | €438,198 | +€34,440 | +8.5% |
| Tangible fixed assets | 22/27 | €403,758 | €388,198 | -€15,560 | -3.9% |
| Land and buildings | 22 | €380,863 | €367,430 | -€13,433 | -3.5% |
| Plant, machinery and equipment | 23 | €2,850 | €2,914 | +€64 | +2.2% |
| Furniture and vehicles | 24 | €2,311 | €2,944 | +€633 | +27.4% |
| Other tangible fixed assets | 26 | €17,733 | €14,910 | -€2,823 | -15.9% |
| Financial fixed assets | 28 | - | €50,000 | +€50,000 | |
| Current assets | 29/58 | €56,803 | €59,052 | +€2,249 | +4.0% |
| Amounts receivable within one year | 40/41 | €32,633 | €48,271 | +€15,637 | +47.9% |
| Trade receivables | 40 | €18,216 | €13,690 | -€4,526 | -24.8% |
| Other amounts receivable | 41 | €14,417 | €34,581 | +€20,164 | +139.9% |
| Cash at bank and in hand | 54/58 | €19,382 | €6,213 | -€13,168 | -67.9% |
| Deferred charges and accrued income | 490/1 | €4,788 | €4,568 | -€220 | -4.6% |
| Total equity and liabilities | 10/49 | €460,561 | €497,250 | +€36,689 | +8.0% |
| Equity | 10/15 | €26,581 | €64,211 | +€37,630 | +141.6% |
| Contributions | 10/11 | €26,500 | €26,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,330 | €35,568 | +€37,899 | |
| Investment grants | 15 | €2,411 | €2,142 | -€269 | -11.1% |
| Amounts payable | 17/49 | €433,980 | €433,039 | -€941 | -0.2% |
| Amounts payable after more than one year | 17 | €394,014 | €368,776 | -€25,238 | -6.4% |
| Financial debts | 170/4 | €394,014 | €368,776 | -€25,238 | -6.4% |
| Amounts payable within one year | 42/48 | €39,966 | €64,263 | +€24,297 | +60.8% |
| Current portion of amounts payable after more than one year | 42 | €24,788 | €25,238 | +€450 | +1.8% |
| Financial debts | 43 | - | €7,000 | +€7,000 | |
| Credit institutions | 430/8 | - | €7,000 | +€7,000 | |
| Trade debts | 44 | - | €5,371 | +€5,371 | |
| Suppliers | 440/4 | - | €5,371 | +€5,371 | |
| Taxes, remuneration and social security | 45 | €11,808 | €26,572 | +€14,764 | +125.0% |
| Taxes | 450/3 | €11,808 | €26,572 | +€14,764 | +125.0% |
| Other amounts payable | 47/48 | €3,371 | €83 | -€3,288 | -97.5% |
| Non-recurring operating income | 76A | - | €36,500 | +€36,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,079 | €22,210 | +€131 | +0.6% |
| Other operating charges | 640/8 | €3,883 | €2,471 | -€1,412 | -36.4% |
| Gross operating margin | 9900 | €50,672 | €89,244 | +€38,572 | +76.1% |
| Operating profit (loss) | 9901 | €24,710 | €64,563 | +€39,853 | +161.3% |
| Financial income | 75/76B | €1,125 | €1,968 | +€843 | +74.9% |
| Recurring financial income | 75 | €1,125 | €1,968 | +€843 | +74.9% |
| Financial charges | 65/66B | €12,325 | €11,526 | -€798 | -6.5% |
| Recurring financial charges | 65 | €12,325 | €11,526 | -€798 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €13,511 | €55,005 | +€41,494 | +307.1% |
| Income taxes | 67/77 | €5,916 | €17,106 | +€11,190 | +189.2% |
| Profit (loss) for the period | 9904 | €7,595 | €37,899 | +€30,304 | +399.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,595 | €37,899 | +€30,304 | +399.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.