ATHYLA: 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.
ATHYLA
Largest movements
- Receivables within one year -€63,540
down €63,540 (-27.4%), from €231,974 to €168,434
of which Trade receivables: -€52,768
- Cash +€38,433
up €38,433 (+31.8%), from €120,953 to €159,386
mainly Receivables within one year (+€63,540) and Depreciation (+€29,358)
- Intangible fixed assets -€20,969
down €20,969 (-86.8%), from €24,170 to €3,201
- Deferred charges and accrued income -€6,775
down €6,775 (-64.9%), from €10,436 to €3,662
- Stocks and contracts +€5,976
up €5,976 (+62.0%), from €9,646 to €15,622
- Tax, wage and social debts -€27,385
down €27,385 (-31.6%), from €86,542 to €59,157
of which Taxes: -€22,514
- Reserves -€17,000
down €17,000 (-8.2%), from €206,900 to €189,900
of which Distributable reserves: -€14,600
- Debts after one year -€12,474
down €12,474 (-31.8%), from €39,186 to €26,711
- Trade debts +€6,012
up €6,012 (+14.7%), from €40,980 to €46,992
- Gross operating margin -€85,655
down €85,655 (-21.8%), from €392,450 to €306,796
- Staff costs -€68,941
down €68,941 (-22.3%), from €309,790 to €240,850
- Taxes -€8,213
down €8,213 (-69.6%), from €11,808 to €3,595
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 | €419,542 | €369,909 | -€49,633 | -11.8% |
| Fixed assets | 21/28 | €46,533 | €22,805 | -€23,728 | -51.0% |
| Intangible fixed assets | 21 | €24,170 | €3,201 | -€20,969 | -86.8% |
| Tangible fixed assets | 22/27 | €15,322 | €12,202 | -€3,121 | -20.4% |
| Furniture and vehicles | 24 | €15,322 | €12,202 | -€3,121 | -20.4% |
| Financial fixed assets | 28 | €7,040 | €7,401 | +€361 | +5.1% |
| Current assets | 29/58 | €373,009 | €347,104 | -€25,905 | -6.9% |
| Stocks and contracts in progress | 3 | €9,646 | €15,622 | +€5,976 | +62.0% |
| Stocks | 30/36 | €9,646 | €15,622 | +€5,976 | +62.0% |
| Amounts receivable within one year | 40/41 | €231,974 | €168,434 | -€63,540 | -27.4% |
| Trade receivables | 40 | €210,604 | €157,837 | -€52,768 | -25.1% |
| Other amounts receivable | 41 | €21,370 | €10,597 | -€10,772 | -50.4% |
| Cash at bank and in hand | 54/58 | €120,953 | €159,386 | +€38,433 | +31.8% |
| Deferred charges and accrued income | 490/1 | €10,436 | €3,662 | -€6,775 | -64.9% |
| Total equity and liabilities | 10/49 | €419,542 | €369,909 | -€49,633 | -11.8% |
| Equity | 10/15 | €239,944 | €223,458 | -€16,486 | -6.9% |
| Contributions | 10/11 | €24,000 | €24,000 | = | 0.0% |
| Reserves | 13 | €206,900 | €189,900 | -€17,000 | -8.2% |
| Non-distributable reserves | 130/1 | €2,400 | - | -€2,400 | |
| Reserves not available under the articles | 1311 | €2,400 | - | -€2,400 | |
| Distributable reserves | 133 | €204,500 | €189,900 | -€14,600 | -7.1% |
| Profit (loss) carried forward | 14 | €9,044 | €9,558 | +€514 | +5.7% |
| Amounts payable | 17/49 | €179,598 | €146,451 | -€33,147 | -18.5% |
| Amounts payable after more than one year | 17 | €39,186 | €26,711 | -€12,474 | -31.8% |
| Financial debts | 170/4 | €39,186 | €26,711 | -€12,474 | -31.8% |
| Amounts payable within one year | 42/48 | €139,443 | €119,739 | -€19,704 | -14.1% |
| Current portion of amounts payable after more than one year | 42 | €11,921 | €12,474 | +€553 | +4.6% |
| Trade debts | 44 | €40,980 | €46,992 | +€6,012 | +14.7% |
| Suppliers | 440/4 | €40,980 | €46,992 | +€6,012 | +14.7% |
| Taxes, remuneration and social security | 45 | €86,542 | €59,157 | -€27,385 | -31.6% |
| Taxes | 450/3 | €44,320 | €21,806 | -€22,514 | -50.8% |
| Remuneration and social security | 454/9 | €42,222 | €37,351 | -€4,872 | -11.5% |
| Other amounts payable | 47/48 | - | €1,116 | +€1,116 | |
| Accrued charges and deferred income | 492/3 | €969 | - | -€969 | |
| Remuneration, social security and pensions | 62 | €309,790 | €240,850 | -€68,941 | -22.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,190 | €29,358 | +€1,168 | +4.1% |
| Other operating charges | 640/8 | €3,334 | €6,272 | +€2,938 | +88.1% |
| Gross operating margin | 9900 | €392,450 | €306,796 | -€85,655 | -21.8% |
| Operating profit (loss) | 9901 | €51,136 | €30,316 | -€20,820 | -40.7% |
| Financial income | 75/76B | €150 | €174 | +€23 | +15.5% |
| Recurring financial income | 75 | €150 | €174 | +€23 | +15.5% |
| Financial charges | 65/66B | €3,655 | €3,380 | -€275 | -7.5% |
| Recurring financial charges | 65 | €3,655 | €3,380 | -€275 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €47,631 | €27,109 | -€20,522 | -43.1% |
| Income taxes | 67/77 | €11,808 | €3,595 | -€8,213 | -69.6% |
| Profit (loss) for the period | 9904 | €35,823 | €23,514 | -€12,308 | -34.4% |
| Profit (loss) for the period to be appropriated | 9905 | €35,823 | €23,514 | -€12,308 | -34.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.