ATLANTIC CERTIFICATES: 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.
What changed
ATLANTIC CERTIFICATES
NACE 68.321, Property management for co-owned buildings (syndics)
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
-€193,564
2025 · -€464,461+€270,897
Equity
-€2.4m
2025 · -€2.3m-€193,563
Cash
€464,373
2025 · €88,300+€376,073
Balance sheet total
€17.3m
2025 · €19.0m-€1.7m
Largest movements
Assets
- Tangible fixed assets -€1.4m
down €1.4m (-10.5%), from €13.5m to €12.1m
- Receivables within one year -€381,976
down €381,976 (-86.9%), from €439,314 to €57,338
- Cash +€376,073
up €376,073 (+426%), from €88,300 to €464,373
mainly Debts after one year (+€5.7m) and Depreciation (+€1.6m)
- Deferred charges and accrued income -€291,506
down €291,506 (-36.7%), from €794,647 to €503,141
Equity and liabilities
- Current portion of long-term debt -€7.0m
no longer reported in 2026 (was €7.0m)
- Debts after one year +€5.7m
up €5.7m (+43.7%), from €13.1m to €18.9m
- Accrued charges and deferred income -€358,202
down €358,202 (-97.0%), from €369,273 to €11,071
- Profit (loss) carried forward -€193,563
down €193,563 (-8.3%), from -€2.3m to -€2.5m
Income statement
- Financial charges -€108,701
down €108,701 (-28.7%), from €379,067 to €270,366
- Services and other goods -€70,117
down €70,117 (-8.0%), from €878,970 to €808,853
- Turnover +€66,896
up €66,896 (+2.7%), from €2.4m to €2.5m
- Other operating charges -€25,794
down €25,794 (-7.8%), from €330,859 to €305,065
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.
Result 2025
-€464,461
Turnover
+€66,896
Other operating income
+€8,874
Services and other goods
+€70,117
Depreciation
-€10,331
Other operating charges
+€25,794
Other operating items
-€209
Financial income
+€1,056
Financial charges
+€108,701
Result 2026
-€193,564
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.7m
Investment
-€166,864
Financing
-€1.2m
Cash 2025
€88,300
From operations (derived)
+€1.7m
Net result for the year
-€193,564
Depreciation
+€1.6m
Receivables within one year
+€381,976
Deferred charges and accrued income
+€291,506
Trade debts
+€64,369
Other debts
-€28,652
Accrued charges and deferred income
-€358,202
Investment (derived)
-€166,864
Investment in fixed assets (net)
-€166,864
Financing
-€1.2m
Debts after one year
+€5.7m
Current portion of long-term debt
-€7.0m
Contributions, distributions and other
+€1
Cash 2026
€464,373
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,988,760 | €17,265,978 | -€1.7m | -9.1% |
| Fixed assets | 21/28 | €17,588,499 | €16,163,126 | -€1.4m | -8.1% |
| Tangible fixed assets | 22/27 | €13,548,275 | €12,122,902 | -€1.4m | -10.5% |
| Land and buildings | 22 | €13,548,275 | €12,122,902 | -€1.4m | -10.5% |
| Financial fixed assets | 28 | €4,040,224 | €4,040,224 | -€0 | 0.0% |
| Affiliated companies | 280/1 | €4,040,224 | €4,040,224 | -€0 | 0.0% |
| Participating interests | 280 | €4,040,224 | €4,040,224 | -€0 | 0.0% |
| Current assets | 29/58 | €1,400,261 | €1,102,852 | -€297,409 | -21.2% |
| Amounts receivable after more than one year | 29 | €78,000 | €78,000 | = | 0.0% |
| Trade receivables | 290 | €78,000 | €78,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €439,314 | €57,338 | -€381,976 | -86.9% |
| Trade receivables | 40 | €439,314 | €57,338 | -€381,976 | -86.9% |
| Cash at bank and in hand | 54/58 | €88,300 | €464,373 | +€376,073 | +426% |
| Deferred charges and accrued income | 490/1 | €794,647 | €503,141 | -€291,506 | -36.7% |
| Total equity and liabilities | 10/49 | €18,988,760 | €17,265,978 | -€1.7m | -9.1% |
| Equity | 10/15 | -€2,254,105 | -€2,447,668 | -€193,563 | -8.6% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Uncalled capital | 101 | €38,500 | €38,500 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,325,605 | -€2,519,168 | -€193,563 | -8.3% |
| Amounts payable | 17/49 | €21,242,865 | €19,713,647 | -€1.5m | -7.2% |
| Amounts payable after more than one year | 17 | €13,129,557 | €18,872,824 | +€5.7m | +43.7% |
| Financial debts | 170/4 | €13,129,557 | €18,872,824 | +€5.7m | +43.7% |
| Credit institutions | 173 | - | €5,800,000 | +€5.8m | |
| Other loans | 174 | €13,129,557 | €13,072,824 | -€56,734 | -0.4% |
| Amounts payable within one year | 42/48 | €7,744,035 | €829,752 | -€6.9m | -89.3% |
| Current portion of amounts payable after more than one year | 42 | €6,950,000 | - | -€7.0m | |
| Trade debts | 44 | €708,650 | €773,019 | +€64,369 | +9.1% |
| Suppliers | 440/4 | €708,650 | €773,019 | +€64,369 | +9.1% |
| Other amounts payable | 47/48 | €85,385 | €56,733 | -€28,652 | -33.6% |
| Accrued charges and deferred income | 492/3 | €369,273 | €11,071 | -€358,202 | -97.0% |
| Operating income | 70/76A | €2,706,319 | €2,781,880 | +€75,561 | +2.8% |
| Turnover | 70 | €2,440,645 | €2,507,541 | +€66,896 | +2.7% |
| Other operating income | 74 | €265,465 | €274,339 | +€8,874 | +3.3% |
| Non-recurring operating income | 76A | €209 | - | -€209 | |
| Operating charges | 60/66A | €2,791,734 | €2,706,154 | -€85,580 | -3.1% |
| Services and other goods | 61 | €878,970 | €808,853 | -€70,117 | -8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,581,905 | €1,592,236 | +€10,331 | +0.7% |
| Other operating charges | 640/8 | €330,859 | €305,065 | -€25,794 | -7.8% |
| Operating profit (loss) | 9901 | -€85,415 | €75,725 | +€161,140 | |
| Financial income | 75/76B | €21 | €1,077 | +€1,056 | +5,027% |
| Recurring financial income | 75 | €21 | €1,077 | +€1,056 | +5,027% |
| Other financial income | 752/9 | €21 | €1,077 | +€1,056 | +5,027% |
| Financial charges | 65/66B | €379,067 | €270,366 | -€108,701 | -28.7% |
| Recurring financial charges | 65 | €379,067 | €270,366 | -€108,701 | -28.7% |
| Debt charges | 650 | €378,293 | €269,453 | -€108,840 | -28.8% |
| Other financial charges | 652/9 | €774 | €913 | +€139 | +18.0% |
| Profit (loss) for the period before taxes | 9903 | -€464,461 | -€193,564 | +€270,897 | +58.3% |
| Profit (loss) for the period | 9904 | -€464,461 | -€193,564 | +€270,897 | +58.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€464,461 | -€193,564 | +€270,897 | +58.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.