ATJ: 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.
ATJ
Largest movements
- Cash -€37,700
down €37,700 (-83.7%), from €45,021 to €7,322
mainly Investment in fixed assets (net) (-€40,690) and Debts after one year (-€38,346)
- Receivables within one year +€35,127
up €35,127 (+1213.0%), from €2,896 to €38,023
- Tangible fixed assets +€26,843
up €26,843 (+8.9%), from €302,818 to €329,661
of which Plant, machinery and equipment: +€37,356
- Debts after one year -€38,346
down €38,346 (-10.4%), from €370,343 to €331,997
- Other debts +€32,400
up €32,400 (+42.7%), from €75,806 to €108,206
- Profit (loss) carried forward +€29,994
up €29,994 (+23.0%), from €130,606 to €160,600
- Gross operating margin +€26,219
up €26,219, from -€1,114 to €25,105
- Depreciation +€12,291
up €12,291 (+790.2%), from €1,555 to €13,847
- Financial charges +€3,131
up €3,131 (+23.5%), from €13,294 to €16,425
- Financial income +€2,947
up €2,947 (+9.1%), from €32,214 to €35,161
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 | €641,701 | €665,821 | +€24,120 | +3.8% |
| Fixed assets | 21/28 | €593,350 | €620,193 | +€26,843 | +4.5% |
| Tangible fixed assets | 22/27 | €302,818 | €329,661 | +€26,843 | +8.9% |
| Land and buildings | 22 | €302,818 | €292,304 | -€10,514 | -3.5% |
| Plant, machinery and equipment | 23 | - | €37,356 | +€37,356 | |
| Financial fixed assets | 28 | €290,532 | €290,532 | = | 0.0% |
| Current assets | 29/58 | €48,351 | €45,628 | -€2,723 | -5.6% |
| Amounts receivable within one year | 40/41 | €2,896 | €38,023 | +€35,127 | +1213.0% |
| Other amounts receivable | 41 | €2,896 | €38,023 | +€35,127 | +1213.0% |
| Cash at bank and in hand | 54/58 | €45,021 | €7,322 | -€37,700 | -83.7% |
| Deferred charges and accrued income | 490/1 | €433 | €283 | -€151 | -34.7% |
| Total equity and liabilities | 10/49 | €641,701 | €665,821 | +€24,120 | +3.8% |
| Equity | 10/15 | €151,066 | €181,060 | +€29,994 | +19.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €130,606 | €160,600 | +€29,994 | +23.0% |
| Amounts payable | 17/49 | €490,635 | €484,760 | -€5,874 | -1.2% |
| Amounts payable after more than one year | 17 | €370,343 | €331,997 | -€38,346 | -10.4% |
| Financial debts | 170/4 | €370,343 | €331,997 | -€38,346 | -10.4% |
| Amounts payable within one year | 42/48 | €120,292 | €152,764 | +€32,472 | +27.0% |
| Current portion of amounts payable after more than one year | 42 | €37,266 | €38,346 | +€1,080 | +2.9% |
| Trade debts | 44 | €7,220 | €6,212 | -€1,009 | -14.0% |
| Suppliers | 440/4 | €6,563 | €5,554 | -€1,009 | -15.4% |
| Bills of exchange payable | 441 | €658 | €658 | = | 0.0% |
| Other amounts payable | 47/48 | €75,806 | €108,206 | +€32,400 | +42.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,555 | €13,847 | +€12,291 | +790.2% |
| Other operating charges | 640/8 | - | €14 | +€14 | |
| Gross operating margin | 9900 | -€1,114 | €25,105 | +€26,219 | |
| Operating profit (loss) | 9901 | -€2,669 | €11,244 | +€13,913 | |
| Financial income | 75/76B | €32,214 | €35,161 | +€2,947 | +9.1% |
| Recurring financial income | 75 | €32,214 | €35,161 | +€2,947 | +9.1% |
| Financial charges | 65/66B | €13,294 | €16,425 | +€3,131 | +23.5% |
| Recurring financial charges | 65 | €13,294 | €16,425 | +€3,131 | +23.5% |
| Profit (loss) for the period before taxes | 9903 | €16,251 | €29,980 | +€13,729 | +84.5% |
| Income taxes | 67/77 | €50 | -€14 | -€64 | |
| Profit (loss) for the period | 9904 | €16,201 | €29,994 | +€13,793 | +85.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16,201 | €29,994 | +€13,793 | +85.1% |
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 4 October 2026 via checked.be.