ATK: 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.
ATK
Largest movements
- Receivables within one year +€229,585
up €229,585 (+298%), from €76,970 to €306,555
of which Other amounts receivable: +€263,477
- Stocks and contracts -€162,067
down €162,067 (-40.1%), from €404,300 to €242,233
- Cash -€46,363
down €46,363 (-63.3%), from €73,297 to €26,934
mainly Advances received (-€345,174) and Receivables within one year (-€229,585)
- Tangible fixed assets +€20,432
up €20,432 (+22.1%), from €92,379 to €112,811
of which Furniture and vehicles: +€30,608
- Advances received -€345,174
down €345,174 (-95.2%), from €362,461 to €17,287
- Other debts +€223,501
new in 2025: €223,501
- Trade debts +€59,923
up €59,923 (+48.0%), from €124,819 to €184,742
- Debts after one year +€42,262
new in 2025: €42,262
- Profit (loss) carried forward +€40,022
up €40,022 (+42.7%), from €93,625 to €133,647
- Gross operating margin +€59,801
up €59,801 (+26.4%), from €226,900 to €286,701
- Staff costs +€41,720
up €41,720 (+29.2%), from €142,743 to €184,463
- Financial income -€16,067
down €16,067 (-99.7%), from €16,122 to €56
- Depreciation -€13,578
down €13,578 (-35.2%), from €38,566 to €24,988
- Purchases and services -€7,555
no longer reported in 2025 (was €7,555)
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.
Derived cash bridge
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 | €650,564 | €692,343 | +€41,779 | +6.4% |
| Fixed assets | 21/28 | €92,379 | €112,811 | +€20,432 | +22.1% |
| Tangible fixed assets | 22/27 | €92,379 | €112,811 | +€20,432 | +22.1% |
| Furniture and vehicles | 24 | €8,043 | €38,651 | +€30,608 | +381% |
| Other tangible fixed assets | 26 | €84,337 | €74,160 | -€10,176 | -12.1% |
| Current assets | 29/58 | €558,185 | €579,532 | +€21,347 | +3.8% |
| Stocks and contracts in progress | 3 | €404,300 | €242,233 | -€162,067 | -40.1% |
| Stocks | 30/36 | €404,300 | €242,233 | -€162,067 | -40.1% |
| Amounts receivable within one year | 40/41 | €76,970 | €306,555 | +€229,585 | +298% |
| Trade receivables | 40 | €54,579 | €20,687 | -€33,892 | -62.1% |
| Other amounts receivable | 41 | €22,390 | €285,867 | +€263,477 | +1,177% |
| Cash at bank and in hand | 54/58 | €73,297 | €26,934 | -€46,363 | -63.3% |
| Deferred charges and accrued income | 490/1 | €3,618 | €3,810 | +€192 | +5.3% |
| Total equity and liabilities | 10/49 | €650,564 | €692,343 | +€41,779 | +6.4% |
| Equity | 10/15 | €112,175 | €152,197 | +€40,022 | +35.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Contributions outside capital | 11 | €18,550 | €18,550 | = | 0.0% |
| Other | 1109/19 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,625 | €133,647 | +€40,022 | +42.7% |
| Amounts payable | 17/49 | €538,389 | €540,146 | +€1,757 | +0.3% |
| Amounts payable after more than one year | 17 | - | €42,262 | +€42,262 | |
| Financial debts | 170/4 | - | €42,262 | +€42,262 | |
| Amounts payable within one year | 42/48 | €538,389 | €497,884 | -€40,505 | -7.5% |
| Current portion of amounts payable after more than one year | 42 | €97 | €20,018 | +€19,921 | +20,486% |
| Trade debts | 44 | €124,819 | €184,742 | +€59,923 | +48.0% |
| Suppliers | 440/4 | €124,819 | €184,742 | +€59,923 | +48.0% |
| Advances received on contracts in progress | 46 | €362,461 | €17,287 | -€345,174 | -95.2% |
| Taxes, remuneration and social security | 45 | €51,012 | €52,336 | +€1,324 | +2.6% |
| Taxes | 450/3 | €42,828 | €42,370 | -€457 | -1.1% |
| Remuneration and social security | 454/9 | €8,184 | €9,966 | +€1,781 | +21.8% |
| Other amounts payable | 47/48 | - | €223,501 | +€223,501 | |
| Goods, raw materials, services and sundry goods | 60/61 | €7,555 | - | -€7,555 | |
| Remuneration, social security and pensions | 62 | €142,743 | €184,463 | +€41,720 | +29.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,566 | €24,988 | -€13,578 | -35.2% |
| Other operating charges | 640/8 | €7,556 | €1,374 | -€6,182 | -81.8% |
| Non-recurring operating charges | 66A | €468 | €17,500 | +€17,032 | +3,640% |
| Gross operating margin | 9900 | €226,900 | €286,701 | +€59,801 | +26.4% |
| Operating profit (loss) | 9901 | €37,568 | €58,377 | +€20,809 | +55.4% |
| Financial income | 75/76B | €16,122 | €56 | -€16,067 | -99.7% |
| Recurring financial income | 75 | €16,122 | €56 | -€16,067 | -99.7% |
| Financial charges | 65/66B | €2,782 | €2,144 | -€637 | -22.9% |
| Recurring financial charges | 65 | €2,782 | €2,144 | -€637 | -22.9% |
| Profit (loss) for the period before taxes | 9903 | €50,908 | €56,288 | +€5,380 | +10.6% |
| Income taxes | 67/77 | €18,983 | €16,266 | -€2,717 | -14.3% |
| Profit (loss) for the period | 9904 | €31,925 | €40,022 | +€8,097 | +25.4% |
| Profit (loss) for the period to be appropriated | 9905 | €31,925 | €40,022 | +€8,097 | +25.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.