ATLANTIC 12: 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.
ATLANTIC 12
Largest movements
- Receivables within one year -€23,537
down €23,537 (-28.4%), from €82,784 to €59,247
of which Trade receivables: -€42,801
- Cash -€14,955
down €14,955 (-73.3%), from €20,394 to €5,439
mainly Contributions, distributions and other (-€25,000) and Other debts (-€12,037)
- Tangible fixed assets +€2,887
up €2,887 (+4.4%), from €65,516 to €68,403
of which Furniture and vehicles: +€4,222
- Profit (loss) carried forward -€13,527
down €13,527, from €2,316 to -€11,211
- Other debts -€12,037
no longer reported in 2025 (was €12,037)
- Trade debts -€6,400
no longer reported in 2025 (was €6,400)
- Short-term financial debts -€2,427
no longer reported in 2025 (was €2,427)
- Current portion of long-term debt +€1,986
up €1,986 (+42.6%), from €4,660 to €6,646
- Purchases and services +€82,916
up €82,916 (+59.6%), from €139,125 to €222,041
- Turnover +€48,531
up €48,531 (+21.6%), from €224,553 to €273,084
- Gross operating margin -€34,385
down €34,385 (-40.3%), from €85,428 to €51,043
- Taxes +€29,822
up €29,822 (+2250.7%), from €1,325 to €31,147
- Depreciation -€4,036
down €4,036 (-57.7%), from €6,994 to €2,958
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 | €180,172 | €146,092 | -€34,080 | -18.9% |
| Fixed assets | 21/28 | €70,926 | €75,338 | +€4,412 | +6.2% |
| Intangible fixed assets | 21 | - | €1,525 | +€1,525 | |
| Tangible fixed assets | 22/27 | €65,516 | €68,403 | +€2,887 | +4.4% |
| Land and buildings | 22 | €39,498 | €39,498 | +€0 | 0.0% |
| Plant, machinery and equipment | 23 | €13,305 | €11,970 | -€1,335 | -10.0% |
| Furniture and vehicles | 24 | €12,713 | €16,935 | +€4,222 | +33.2% |
| Financial fixed assets | 28 | €5,410 | €5,410 | -€0 | 0.0% |
| Current assets | 29/58 | €109,246 | €70,755 | -€38,491 | -35.2% |
| Amounts receivable within one year | 40/41 | €82,784 | €59,247 | -€23,537 | -28.4% |
| Trade receivables | 40 | €82,784 | €39,983 | -€42,801 | -51.7% |
| Other amounts receivable | 41 | - | €19,264 | +€19,264 | |
| Cash at bank and in hand | 54/58 | €20,394 | €5,439 | -€14,955 | -73.3% |
| Deferred charges and accrued income | 490/1 | €6,068 | €6,068 | +€0 | 0.0% |
| Total equity and liabilities | 10/49 | €180,172 | €146,092 | -€34,080 | -18.9% |
| Equity | 10/15 | €127,319 | €113,792 | -€13,527 | -10.6% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €106,253 | €106,253 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €106,253 | €106,253 | +€0 | 0.0% |
| Reserves not available under the articles | 1311 | €70 | €70 | = | 0.0% |
| Other | 1319 | €106,183 | €106,183 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €2,316 | -€11,211 | -€13,527 | |
| Amounts payable | 17/49 | €52,853 | €32,300 | -€20,553 | -38.9% |
| Amounts payable after more than one year | 17 | €22,749 | €22,749 | -€0 | 0.0% |
| Other amounts payable | 178/9 | €22,749 | €22,749 | -€0 | 0.0% |
| Amounts payable within one year | 42/48 | €30,104 | €9,552 | -€20,552 | -68.3% |
| Current portion of amounts payable after more than one year | 42 | €4,660 | €6,646 | +€1,986 | +42.6% |
| Financial debts | 43 | €2,427 | - | -€2,427 | |
| Other loans | 439 | €2,427 | - | -€2,427 | |
| Trade debts | 44 | €6,400 | - | -€6,400 | |
| Suppliers | 440/4 | €6,400 | - | -€6,400 | |
| Taxes, remuneration and social security | 45 | €4,580 | €2,905 | -€1,675 | -36.6% |
| Taxes | 450/3 | €4,580 | €2,905 | -€1,675 | -36.6% |
| Other amounts payable | 47/48 | €12,037 | - | -€12,037 | |
| Turnover | 70 | €224,553 | €273,084 | +€48,531 | +21.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €139,125 | €222,041 | +€82,916 | +59.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,994 | €2,958 | -€4,036 | -57.7% |
| Other operating charges | 640/8 | €1,169 | €2,948 | +€1,779 | +152.2% |
| Gross operating margin | 9900 | €85,428 | €51,043 | -€34,385 | -40.3% |
| Operating profit (loss) | 9901 | €77,265 | €45,137 | -€32,128 | -41.6% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €1,717 | €2,517 | +€800 | +46.6% |
| Recurring financial charges | 65 | €1,717 | €2,517 | +€800 | +46.6% |
| Profit (loss) for the period before taxes | 9903 | €75,550 | €42,620 | -€32,930 | -43.6% |
| Income taxes | 67/77 | €1,325 | €31,147 | +€29,822 | +2250.7% |
| Profit (loss) for the period | 9904 | €74,225 | €11,473 | -€62,752 | -84.5% |
| Profit (loss) for the period to be appropriated | 9905 | €74,225 | €11,473 | -€62,752 | -84.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.