ATHOSIMMO: 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.
ATHOSIMMO
Largest movements
- Tangible fixed assets +€928,645
up €928,645 (+87.5%), from €1.1m to €2.0m
- Receivables within one year -€91,991
down €91,991 (-100.0%), from €92,000 to €9
- Cash +€37,716
up €37,716 (+23.6%), from €159,544 to €197,260
mainly Debts after one year (+€657,157) and Other debts (+€144,600)
- Debts after one year +€657,157
up €657,157 (+101%), from €650,986 to €1.3m
- Other debts +€144,600
up €144,600 (+33.8%), from €427,737 to €572,337
- Current portion of long-term debt +€42,238
up €42,238 (+130%), from €32,537 to €74,774
- Profit (loss) carried forward +€30,388
up €30,388 (+19.8%), from €153,848 to €184,236
- Gross operating margin +€67,596
up €67,596 (+83.4%), from €81,072 to €148,667
- Depreciation +€25,450
up €25,450 (+70.9%), from €35,905 to €61,355
- Financial charges +€23,868
up €23,868 (+107%), from €22,361 to €46,229
- Financial income -€3,974
no longer reported in 2025 (was €3,974)
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,313,257 | €2,187,646 | +€874,389 | +66.6% |
| Fixed assets | 21/28 | €1,061,303 | €1,989,948 | +€928,645 | +87.5% |
| Tangible fixed assets | 22/27 | €1,061,303 | €1,989,948 | +€928,645 | +87.5% |
| Land and buildings | 22 | €1,061,303 | €1,989,948 | +€928,645 | +87.5% |
| Current assets | 29/58 | €251,954 | €197,698 | -€54,256 | -21.5% |
| Amounts receivable within one year | 40/41 | €92,000 | €9 | -€91,991 | -100.0% |
| Trade receivables | 40 | €92,000 | €9 | -€91,991 | -100.0% |
| Cash at bank and in hand | 54/58 | €159,544 | €197,260 | +€37,716 | +23.6% |
| Deferred charges and accrued income | 490/1 | €409 | €428 | +€19 | +4.6% |
| Total equity and liabilities | 10/49 | €1,313,257 | €2,187,646 | +€874,389 | +66.6% |
| Equity | 10/15 | €192,521 | €222,451 | +€29,930 | +15.5% |
| Contributions | 10/11 | €36,012 | €36,012 | = | 0.0% |
| Reserves | 13 | €2,661 | €2,204 | -€458 | -17.2% |
| Tax-exempt reserves | 132 | €2,060 | €1,603 | -€458 | -22.2% |
| Distributable reserves | 133 | €601 | €601 | = | 0.0% |
| Profit (loss) carried forward | 14 | €153,848 | €184,236 | +€30,388 | +19.8% |
| Provisions and deferred taxes | 16 | €7,024 | €5,463 | -€1,561 | -22.2% |
| Deferred taxes | 168 | €7,024 | €5,463 | -€1,561 | -22.2% |
| Amounts payable | 17/49 | €1,113,712 | €1,959,732 | +€846,020 | +76.0% |
| Amounts payable after more than one year | 17 | €650,986 | €1,308,143 | +€657,157 | +101% |
| Financial debts | 170/4 | €650,986 | €1,308,143 | +€657,157 | +101% |
| Amounts payable within one year | 42/48 | €460,273 | €649,111 | +€188,838 | +41.0% |
| Current portion of amounts payable after more than one year | 42 | €32,537 | €74,774 | +€42,238 | +130% |
| Taxes, remuneration and social security | 45 | - | €2,000 | +€2,000 | |
| Taxes | 450/3 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €427,737 | €572,337 | +€144,600 | +33.8% |
| Accrued charges and deferred income | 492/3 | €2,453 | €2,478 | +€25 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,905 | €61,355 | +€25,450 | +70.9% |
| Other operating charges | 640/8 | €8,565 | €9,464 | +€899 | +10.5% |
| Gross operating margin | 9900 | €81,072 | €148,667 | +€67,596 | +83.4% |
| Operating profit (loss) | 9901 | €36,602 | €77,848 | +€41,247 | +113% |
| Financial income | 75/76B | €3,974 | - | -€3,974 | |
| Recurring financial income | 75 | €3,974 | - | -€3,974 | |
| Financial charges | 65/66B | €22,361 | €46,229 | +€23,868 | +107% |
| Recurring financial charges | 65 | €22,361 | €46,229 | +€23,868 | +107% |
| Profit (loss) for the period before taxes | 9903 | €18,214 | €31,619 | +€13,405 | +73.6% |
| Transfer from deferred taxes | 780 | €1,561 | €1,561 | = | 0.0% |
| Income taxes | 67/77 | €3,750 | €3,250 | -€500 | -13.3% |
| Profit (loss) for the period | 9904 | €16,025 | €29,930 | +€13,905 | +86.8% |
| Transfer from tax-exempt reserves | 789 | €458 | €458 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,483 | €30,388 | +€13,905 | +84.4% |
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 16 October 2026 via checked.be.