ATJ TEAM: 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.
ATJ TEAM
Largest movements
- Receivables within one year +€18,276
up €18,276 (+11.7%), from €156,846 to €175,123
of which Other amounts receivable: +€45,934
- Stocks and contracts +€11,986
new in 2026: €11,986
- Tangible fixed assets -€6,956
down €6,956 (-51.8%), from €13,422 to €6,466
of which Plant, machinery and equipment: -€5,626
- Trade debts +€17,812
new in 2026: €17,812
- Tax, wage and social debts -€10,723
down €10,723 (-20.0%), from €53,700 to €42,977
of which Taxes: -€16,343
- Other debts +€10,000
new in 2026: €10,000
- Reserves +€4,000
up €4,000 (+3.4%), from €118,000 to €122,000
- Gross operating margin -€132,647
down €132,647 (-92.8%), from €142,910 to €10,263
- Taxes -€40,893
down €40,893 (-93.5%), from €43,737 to €2,844
- Depreciation -€3,363
down €3,363 (-30.9%), from €10,901 to €7,537
- Financial income +€2,303
up €2,303 (+44.6%), from €5,167 to €7,470
- Financial charges +€2,275
up €2,275 (+455%), from €500 to €2,775
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €177,027 | €199,334 | +€22,307 | +12.6% |
| Fixed assets | 21/28 | €15,770 | €8,680 | -€7,091 | -45.0% |
| Tangible fixed assets | 22/27 | €13,422 | €6,466 | -€6,956 | -51.8% |
| Plant, machinery and equipment | 23 | €11,107 | €5,481 | -€5,626 | -50.7% |
| Furniture and vehicles | 24 | €2,315 | €985 | -€1,330 | -57.4% |
| Financial fixed assets | 28 | €2,348 | €2,213 | -€135 | -5.7% |
| Current assets | 29/58 | €161,256 | €190,655 | +€29,398 | +18.2% |
| Stocks and contracts in progress | 3 | - | €11,986 | +€11,986 | |
| Stocks | 30/36 | - | €11,986 | +€11,986 | |
| Amounts receivable within one year | 40/41 | €156,846 | €175,123 | +€18,276 | +11.7% |
| Trade receivables | 40 | €32,986 | €5,328 | -€27,658 | -83.8% |
| Other amounts receivable | 41 | €123,860 | €169,795 | +€45,934 | +37.1% |
| Cash at bank and in hand | 54/58 | €247 | €759 | +€512 | +207% |
| Deferred charges and accrued income | 490/1 | €4,163 | €2,787 | -€1,376 | -33.1% |
| Total equity and liabilities | 10/49 | €177,027 | €199,334 | +€22,307 | +12.6% |
| Equity | 10/15 | €123,327 | €127,529 | +€4,203 | +3.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €118,000 | €122,000 | +€4,000 | +3.4% |
| Distributable reserves | 133 | €118,000 | €122,000 | +€4,000 | +3.4% |
| Profit (loss) carried forward | 14 | €2,327 | €2,529 | +€203 | +8.7% |
| Amounts payable | 17/49 | €53,700 | €71,805 | +€18,105 | +33.7% |
| Amounts payable within one year | 42/48 | €53,700 | €71,805 | +€18,105 | +33.7% |
| Financial debts | 43 | - | €1,016 | +€1,016 | |
| Other loans | 439 | - | €1,016 | +€1,016 | |
| Trade debts | 44 | - | €17,812 | +€17,812 | |
| Suppliers | 440/4 | - | €17,812 | +€17,812 | |
| Taxes, remuneration and social security | 45 | €53,700 | €42,977 | -€10,723 | -20.0% |
| Taxes | 450/3 | €53,700 | €37,357 | -€16,343 | -30.4% |
| Remuneration and social security | 454/9 | - | €5,620 | +€5,620 | |
| Other amounts payable | 47/48 | - | €10,000 | +€10,000 | |
| Non-recurring operating income | 76A | - | €1,796 | +€1,796 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,901 | €7,537 | -€3,363 | -30.9% |
| Other operating charges | 640/8 | €1,397 | €373 | -€1,024 | -73.3% |
| Gross operating margin | 9900 | €142,910 | €10,263 | -€132,647 | -92.8% |
| Operating profit (loss) | 9901 | €130,612 | €2,353 | -€128,259 | -98.2% |
| Financial income | 75/76B | €5,167 | €7,470 | +€2,303 | +44.6% |
| Recurring financial income | 75 | €5,167 | €7,470 | +€2,303 | +44.6% |
| Financial charges | 65/66B | €500 | €2,775 | +€2,275 | +455% |
| Recurring financial charges | 65 | €500 | €2,775 | +€2,275 | +455% |
| Profit (loss) for the period before taxes | 9903 | €135,279 | €7,047 | -€128,231 | -94.8% |
| Income taxes | 67/77 | €43,737 | €2,844 | -€40,893 | -93.5% |
| Profit (loss) for the period | 9904 | €91,541 | €4,203 | -€87,338 | -95.4% |
| Profit (loss) for the period to be appropriated | 9905 | €91,541 | €4,203 | -€87,338 | -95.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.