ATINA: 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.
ATINA
Largest movements
- Stocks and contracts +€2.3m
up €2.3m (+44.0%), from €5.2m to €7.5m
- Cash -€525,534
down €525,534 (-63.2%), from €831,282 to €305,748
mainly Stocks and contracts (-€2.3m) and Debts after one year (-€2.1m)
- Advances received +€2.6m
up €2.6m (+124.7%), from €2.1m to €4.7m
- Debts after one year -€2.1m
down €2.1m (-71.0%), from €2.9m to €842,030
- Other debts +€1.2m
up €1.2m (+93.6%), from €1.3m to €2.4m
- Taxes +€31,322
up €31,322 (+6968.2%), from €450 to €31,771
- Gross operating margin +€11,380
up €11,380 (+288.0%), from €3,951 to €15,331
- Other operating charges +€5,958
up €5,958 (+526.5%), from €1,132 to €7,090
- Financial income +€2,169
up €2,169 (+39.3%), from €5,523 to €7,692
- Financial charges +€2,006
up €2,006 (+207.6%), from €966 to €2,972
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 | €6,514,089 | €8,190,066 | +€1.7m | +25.7% |
| Fixed assets | 21/28 | €94,118 | €87,911 | -€6,208 | -6.6% |
| Tangible fixed assets | 22/27 | €94,118 | €87,911 | -€6,208 | -6.6% |
| Land and buildings | 22 | €92,706 | €87,077 | -€5,628 | -6.1% |
| Furniture and vehicles | 24 | €1,412 | €833 | -€579 | -41.0% |
| Current assets | 29/58 | €6,419,970 | €8,102,155 | +€1.7m | +26.2% |
| Stocks and contracts in progress | 3 | €5,201,156 | €7,487,956 | +€2.3m | +44.0% |
| Stocks | 30/36 | €5,201,156 | €7,487,956 | +€2.3m | +44.0% |
| Amounts receivable within one year | 40/41 | €387,373 | €307,766 | -€79,607 | -20.6% |
| Trade receivables | 40 | €291,693 | €307,766 | +€16,072 | +5.5% |
| Other amounts receivable | 41 | €95,679 | - | -€95,679 | |
| Cash at bank and in hand | 54/58 | €831,282 | €305,748 | -€525,534 | -63.2% |
| Deferred charges and accrued income | 490/1 | €160 | €685 | +€525 | +328.1% |
| Total equity and liabilities | 10/49 | €6,514,089 | €8,190,066 | +€1.7m | +25.7% |
| Equity | 10/15 | €165,695 | €140,517 | -€25,178 | -15.2% |
| Contributions | 10/11 | €204,039 | €204,039 | = | 0.0% |
| Reserves | 13 | €47,376 | €47,376 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €44,876 | €44,876 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,720 | -€110,898 | -€25,178 | -29.4% |
| Amounts payable | 17/49 | €6,348,394 | €8,049,549 | +€1.7m | +26.8% |
| Amounts payable after more than one year | 17 | €2,899,689 | €842,030 | -€2.1m | -71.0% |
| Financial debts | 170/4 | €2,899,689 | €842,030 | -€2.1m | -71.0% |
| Amounts payable within one year | 42/48 | €3,351,800 | €7,099,277 | +€3.7m | +111.8% |
| Current portion of amounts payable after more than one year | 42 | €4,681 | - | -€4,681 | |
| Trade debts | 44 | €515 | €2,800 | +€2,285 | +443.6% |
| Suppliers | 440/4 | €515 | €2,800 | +€2,285 | +443.6% |
| Advances received on contracts in progress | 46 | €2,071,867 | €4,655,592 | +€2.6m | +124.7% |
| Taxes, remuneration and social security | 45 | €22,664 | €16,470 | -€6,194 | -27.3% |
| Taxes | 450/3 | €22,664 | €16,470 | -€6,194 | -27.3% |
| Other amounts payable | 47/48 | €1,252,074 | €2,424,414 | +€1.2m | +93.6% |
| Accrued charges and deferred income | 492/3 | €96,904 | €108,243 | +€11,338 | +11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,368 | €6,368 | = | 0.0% |
| Other operating charges | 640/8 | €1,132 | €7,090 | +€5,958 | +526.5% |
| Gross operating margin | 9900 | €3,951 | €15,331 | +€11,380 | +288.0% |
| Operating profit (loss) | 9901 | -€3,549 | €1,873 | +€5,422 | |
| Financial income | 75/76B | €5,523 | €7,692 | +€2,169 | +39.3% |
| Recurring financial income | 75 | €5,523 | €7,692 | +€2,169 | +39.3% |
| Financial charges | 65/66B | €966 | €2,972 | +€2,006 | +207.6% |
| Recurring financial charges | 65 | €966 | €2,972 | +€2,006 | +207.6% |
| Profit (loss) for the period before taxes | 9903 | €1,008 | €6,593 | +€5,585 | +554.3% |
| Income taxes | 67/77 | €450 | €31,771 | +€31,322 | +6968.2% |
| Profit (loss) for the period | 9904 | €558 | -€25,178 | -€25,736 | |
| Profit (loss) for the period to be appropriated | 9905 | €558 | -€25,178 | -€25,736 |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.