ATL Road: 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.
ATL Road
Largest movements
- Receivables after one year -€80,000
down €80,000 (-100.0%), from €80,000 to €0
- Receivables within one year +€8,381
up €8,381 (+64.6%), from €12,970 to €21,351
of which Trade receivables: +€7,835
- Tangible fixed assets -€3,850
down €3,850 (-21.4%), from €17,984 to €14,134
of which Other tangible fixed assets: -€3,506
- Cash +€2,591
up €2,591 (+2.0%), from €130,474 to €133,065
mainly Receivables after one year (+€80,000) and Net result for the year (+€45,139)
- Reserves -€111,972
down €111,972 (-100.0%), from €111,972 to €0
- Other debts +€38,313
up €38,313 (+31.4%), from €122,039 to €160,352
- Gross operating margin -€11,433
down €11,433 (-14.2%), from €80,724 to €69,291
- Taxes +€1,728
up €1,728 (+11.2%), from €15,414 to €17,142
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 | €243,637 | €170,229 | -€73,408 | -30.1% |
| Fixed assets | 21/28 | €17,984 | €14,134 | -€3,850 | -21.4% |
| Tangible fixed assets | 22/27 | €17,984 | €14,134 | -€3,850 | -21.4% |
| Plant, machinery and equipment | 23 | €1,394 | €1,049 | -€345 | -24.7% |
| Other tangible fixed assets | 26 | €16,590 | €13,085 | -€3,506 | -21.1% |
| Current assets | 29/58 | €225,652 | €156,095 | -€69,558 | -30.8% |
| Amounts receivable after more than one year | 29 | €80,000 | €0 | -€80,000 | -100.0% |
| Other amounts receivable | 291 | €80,000 | €0 | -€80,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €12,970 | €21,351 | +€8,381 | +64.6% |
| Trade receivables | 40 | €12,970 | €20,805 | +€7,835 | +60.4% |
| Other amounts receivable | 41 | €0 | €546 | +€546 | |
| Cash at bank and in hand | 54/58 | €130,474 | €133,065 | +€2,591 | +2.0% |
| Deferred charges and accrued income | 490/1 | €2,208 | €1,679 | -€529 | -24.0% |
| Total equity and liabilities | 10/49 | €243,637 | €170,229 | -€73,408 | -30.1% |
| Equity | 10/15 | €115,472 | €3,500 | -€111,972 | -97.0% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €111,972 | €0 | -€111,972 | -100.0% |
| Distributable reserves | 133 | €111,972 | €0 | -€111,972 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €128,165 | €166,729 | +€38,564 | +30.1% |
| Amounts payable within one year | 42/48 | €126,215 | €164,779 | +€38,564 | +30.6% |
| Trade debts | 44 | €1,074 | €326 | -€748 | -69.7% |
| Suppliers | 440/4 | €1,074 | €326 | -€748 | -69.7% |
| Taxes, remuneration and social security | 45 | €3,102 | €4,101 | +€999 | +32.2% |
| Taxes | 450/3 | €3,102 | €4,101 | +€999 | +32.2% |
| Other amounts payable | 47/48 | €122,039 | €160,352 | +€38,313 | +31.4% |
| Accrued charges and deferred income | 492/3 | €1,950 | €1,950 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,835 | €3,850 | +€15 | +0.4% |
| Other operating charges | 640/8 | €1,056 | €1,199 | +€143 | +13.6% |
| Gross operating margin | 9900 | €80,724 | €69,291 | -€11,433 | -14.2% |
| Operating profit (loss) | 9901 | €75,833 | €64,242 | -€11,591 | -15.3% |
| Financial income | 75/76B | €1,123 | €711 | -€412 | -36.7% |
| Recurring financial income | 75 | €1,123 | €711 | -€412 | -36.7% |
| Financial charges | 65/66B | €3,348 | €2,672 | -€677 | -20.2% |
| Recurring financial charges | 65 | €3,348 | €2,672 | -€677 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €73,608 | €62,281 | -€11,327 | -15.4% |
| Income taxes | 67/77 | €15,414 | €17,142 | +€1,728 | +11.2% |
| Profit (loss) for the period | 9904 | €58,193 | €45,139 | -€13,055 | -22.4% |
| Profit (loss) for the period to be appropriated | 9905 | €58,193 | €45,139 | -€13,055 | -22.4% |
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 12 October 2026 via checked.be.