ATINA: 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.
What changed
ATINA
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€381,489
2024 · €363,678+€17,811
Equity
€1.5m
2024 · €2.5m-€1.1m
Cash
€378,053
2024 · €165,370+€212,683
Balance sheet total
€5.1m
2024 · €4.5m+€580,761
Largest movements
Assets
- Tangible fixed assets +€631,799
up €631,799 (+61.3%), from €1.0m to €1.7m
- Receivables within one year -€250,223
down €250,223 (-19.6%), from €1.3m to €1.0m
of which Other amounts receivable: -€253,213
- Cash +€212,683
up €212,683 (+128.6%), from €165,370 to €378,053
mainly Other debts (+€795,607) and Debts after one year (+€538,978)
Equity and liabilities
- Profit (loss) carried forward -€1.1m
down €1.1m (-64.2%), from €1.6m to €588,067
- Other debts +€795,607
up €795,607 (+10415.2%), from €7,639 to €803,246
- Debts after one year +€538,978
up €538,978 (+48.4%), from €1.1m to €1.7m
- Current portion of long-term debt +€196,464
up €196,464 (+53.4%), from €367,709 to €564,173
- Trade debts +€137,925
up €137,925 (+34.0%), from €405,491 to €543,416
Income statement
- Other operating income +€259,843
up €259,843 (+19.5%), from €1.3m to €1.6m
- Depreciation +€126,066
up €126,066 (+50.4%), from €250,370 to €376,437
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
€363,678
Staff costs
-€40,318
Depreciation
-€126,066
Other operating charges
-€16,294
Other operating items
+€242,444
Financial income
-€12,757
Financial charges
-€23,527
Taxes
-€5,670
Result 2025
€381,489
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.
From operations
+€1.9m
Investment
-€1.0m
Financing
-€694,573
Cash 2024
€165,370
From operations (derived)
+€1.9m
Net result for the year
+€381,489
Depreciation
+€376,437
Receivables within one year
+€250,223
Deferred charges and accrued income
+€13,498
Trade debts
+€137,925
Tax, wage and social debts
-€39,686
Other debts
+€795,607
Investment (derived)
-€1.0m
Investment in fixed assets (net)
-€1.0m
Financing
-€694,573
Debts after one year
+€538,978
Current portion of long-term debt
+€196,464
Short-term financial debts
+€5,000
Contributions, distributions and other
-€1.4m
Cash 2025
€378,053
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,537,662 | €5,118,423 | +€580,761 | +12.8% |
| Fixed assets | 21/28 | €3,061,802 | €3,693,601 | +€631,799 | +20.6% |
| Tangible fixed assets | 22/27 | €1,031,317 | €1,663,116 | +€631,799 | +61.3% |
| Land and buildings | 22 | - | €156,011 | +€156,011 | |
| Plant, machinery and equipment | 23 | €79,281 | €111,142 | +€31,861 | +40.2% |
| Furniture and vehicles | 24 | €195,649 | €344,380 | +€148,731 | +76.0% |
| Leasing and similar rights | 25 | €756,387 | €1,051,584 | +€295,197 | +39.0% |
| Financial fixed assets | 28 | €2,030,485 | €2,030,485 | = | 0.0% |
| Affiliated companies | 280/1 | €2,030,485 | €2,030,485 | = | 0.0% |
| Participating interests | 280 | €2,030,485 | €2,030,485 | = | 0.0% |
| Current assets | 29/58 | €1,475,860 | €1,424,822 | -€51,038 | -3.5% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €1,279,462 | €1,029,240 | -€250,223 | -19.6% |
| Trade receivables | 40 | €609,489 | €612,479 | +€2,990 | +0.5% |
| Other amounts receivable | 41 | €669,973 | €416,760 | -€253,213 | -37.8% |
| Cash at bank and in hand | 54/58 | €165,370 | €378,053 | +€212,683 | +128.6% |
| Deferred charges and accrued income | 490/1 | €31,028 | €17,530 | -€13,498 | -43.5% |
| Total equity and liabilities | 10/49 | €4,537,662 | €5,118,423 | +€580,761 | +12.8% |
| Equity | 10/15 | €2,524,693 | €1,471,167 | -€1.1m | -41.7% |
| Contributions | 10/11 | €660,000 | €660,000 | = | 0.0% |
| Capital | 10 | €660,000 | €660,000 | = | 0.0% |
| Issued capital | 100 | €660,000 | €660,000 | = | 0.0% |
| Reserves | 13 | €223,100 | €223,100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €66,000 | €66,000 | = | 0.0% |
| Legal reserve | 130 | €66,000 | €66,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €42,100 | €42,100 | = | 0.0% |
| Distributable reserves | 133 | €115,000 | €115,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,641,593 | €588,067 | -€1.1m | -64.2% |
| Amounts payable | 17/49 | €2,012,970 | €3,647,257 | +€1.6m | +81.2% |
| Amounts payable after more than one year | 17 | €1,114,586 | €1,653,564 | +€538,978 | +48.4% |
| Financial debts | 170/4 | €1,114,586 | €1,653,564 | +€538,978 | +48.4% |
| Leasing and similar obligations | 172 | €586,835 | €790,492 | +€203,657 | +34.7% |
| Credit institutions | 173 | €527,750 | €863,072 | +€335,321 | +63.5% |
| Amounts payable within one year | 42/48 | €898,384 | €1,993,693 | +€1.1m | +121.9% |
| Current portion of amounts payable after more than one year | 42 | €367,709 | €564,173 | +€196,464 | +53.4% |
| Financial debts | 43 | €60,000 | €65,000 | +€5,000 | +8.3% |
| Credit institutions | 430/8 | €60,000 | €65,000 | +€5,000 | +8.3% |
| Trade debts | 44 | €405,491 | €543,416 | +€137,925 | +34.0% |
| Suppliers | 440/4 | €405,491 | €543,416 | +€137,925 | +34.0% |
| Taxes, remuneration and social security | 45 | €57,545 | €17,859 | -€39,686 | -69.0% |
| Taxes | 450/3 | €57,545 | €11,581 | -€45,963 | -79.9% |
| Remuneration and social security | 454/9 | - | €6,278 | +€6,278 | |
| Other amounts payable | 47/48 | €7,639 | €803,246 | +€795,607 | +10415.2% |
| Operating income | 70/76A | €1,345,230 | €1,609,283 | +€264,053 | +19.6% |
| Other operating income | 74 | €1,334,978 | €1,594,821 | +€259,843 | +19.5% |
| Non-recurring operating income | 76A | €10,252 | €14,462 | +€4,209 | +41.1% |
| Operating charges | 60/66A | €845,712 | €1,049,999 | +€204,287 | +24.2% |
| Services and other goods | 61 | €575,776 | €597,384 | +€21,608 | +3.8% |
| Remuneration, social security and pensions | 62 | - | €40,318 | +€40,318 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €250,370 | €376,437 | +€126,066 | +50.4% |
| Other operating charges | 640/8 | €19,566 | €35,860 | +€16,294 | +83.3% |
| Operating profit (loss) | 9901 | €499,518 | €559,284 | +€59,766 | +12.0% |
| Financial income | 75/76B | €30,633 | €17,876 | -€12,757 | -41.6% |
| Recurring financial income | 75 | €30,633 | €17,876 | -€12,757 | -41.6% |
| Income from current assets | 751 | €30,633 | €17,876 | -€12,758 | -41.6% |
| Other financial income | 752/9 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €42,500 | €66,028 | +€23,527 | +55.4% |
| Recurring financial charges | 65 | €42,500 | €66,028 | +€23,527 | +55.4% |
| Debt charges | 650 | €37,502 | €59,344 | +€21,842 | +58.2% |
| Other financial charges | 652/9 | €4,998 | €6,684 | +€1,686 | +33.7% |
| Profit (loss) for the period before taxes | 9903 | €487,650 | €511,132 | +€23,481 | +4.8% |
| Income taxes | 67/77 | €123,973 | €129,643 | +€5,670 | +4.6% |
| Taxes | 670/3 | €123,973 | €129,643 | +€5,670 | +4.6% |
| Profit (loss) for the period | 9904 | €363,678 | €381,489 | +€17,811 | +4.9% |
| Transfer to tax-exempt reserves | 689 | €42,100 | €0 | -€42,100 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €321,578 | €381,489 | +€59,911 | +18.6% |
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 30 September 2026 via checked.be.