ATLANTIC ENGINEERING: 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.
ATLANTIC ENGINEERING
Largest movements
- Receivables within one year +€467,730
up €467,730 (+144%), from €325,397 to €793,127
of which Trade receivables: +€442,071
- Stocks and contracts -€212,102
down €212,102 (-30.1%), from €704,118 to €492,017
- Deferred charges and accrued income -€42,932
down €42,932 (-88.5%), from €48,487 to €5,555
- Intangible fixed assets +€30,159
up €30,159 (+34.7%), from €86,846 to €117,005
- Tangible fixed assets -€24,817
down €24,817 (-8.5%), from €292,686 to €267,869
of which Plant, machinery and equipment: -€21,503
- Other debts +€144,832
up €144,832 (+9,655%), from €1,500 to €146,332
- Reserves +€119,481
up €119,481 (+24.8%), from €482,724 to €602,205
- Debts after one year -€44,809
down €44,809 (-38.8%), from €115,513 to €70,703
- Short-term financial debts -€42,931
down €42,931 (-12.7%), from €338,947 to €296,016
- Trade debts +€30,863
up €30,863 (+7.4%), from €415,995 to €446,858
- Gross operating margin +€245,013
up €245,013 (+41.6%), from €588,670 to €833,683
- Staff costs -€14,322
down €14,322 (-2.3%), from €631,343 to €617,021
- Depreciation +€11,990
up €11,990 (+36.7%), from €32,707 to €44,697
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 | €1,536,492 | €1,742,589 | +€206,097 | +13.4% |
| Fixed assets | 21/28 | €379,607 | €384,949 | +€5,342 | +1.4% |
| Intangible fixed assets | 21 | €86,846 | €117,005 | +€30,159 | +34.7% |
| Tangible fixed assets | 22/27 | €292,686 | €267,869 | -€24,817 | -8.5% |
| Land and buildings | 22 | €116,919 | €116,394 | -€525 | -0.4% |
| Plant, machinery and equipment | 23 | €169,054 | €147,552 | -€21,503 | -12.7% |
| Furniture and vehicles | 24 | €6,713 | €3,924 | -€2,789 | -41.6% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €1,156,885 | €1,357,640 | +€200,755 | +17.4% |
| Stocks and contracts in progress | 3 | €704,118 | €492,017 | -€212,102 | -30.1% |
| Stocks | 30/36 | €704,118 | €492,017 | -€212,102 | -30.1% |
| Amounts receivable within one year | 40/41 | €325,397 | €793,127 | +€467,730 | +144% |
| Trade receivables | 40 | €293,416 | €735,487 | +€442,071 | +151% |
| Other amounts receivable | 41 | €31,981 | €57,640 | +€25,659 | +80.2% |
| Cash at bank and in hand | 54/58 | €78,883 | €66,941 | -€11,942 | -15.1% |
| Deferred charges and accrued income | 490/1 | €48,487 | €5,555 | -€42,932 | -88.5% |
| Total equity and liabilities | 10/49 | €1,536,492 | €1,742,589 | +€206,097 | +13.4% |
| Equity | 10/15 | €519,908 | €639,389 | +€119,481 | +23.0% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €482,724 | €602,205 | +€119,481 | +24.8% |
| Distributable reserves | 133 | €482,724 | €602,205 | +€119,481 | +24.8% |
| Amounts payable | 17/49 | €1,016,584 | €1,103,200 | +€86,617 | +8.5% |
| Amounts payable after more than one year | 17 | €115,513 | €70,703 | -€44,809 | -38.8% |
| Financial debts | 170/4 | €115,513 | €70,703 | -€44,809 | -38.8% |
| Amounts payable within one year | 42/48 | €891,348 | €1,024,527 | +€133,179 | +14.9% |
| Current portion of amounts payable after more than one year | 42 | €46,096 | €45,010 | -€1,086 | -2.4% |
| Financial debts | 43 | €338,947 | €296,016 | -€42,931 | -12.7% |
| Credit institutions | 430/8 | €338,947 | €296,016 | -€42,931 | -12.7% |
| Trade debts | 44 | €415,995 | €446,858 | +€30,863 | +7.4% |
| Suppliers | 440/4 | €415,995 | €446,858 | +€30,863 | +7.4% |
| Taxes, remuneration and social security | 45 | €88,810 | €90,311 | +€1,500 | +1.7% |
| Taxes | 450/3 | €16,385 | €16,206 | -€179 | -1.1% |
| Remuneration and social security | 454/9 | €72,425 | €74,105 | +€1,680 | +2.3% |
| Other amounts payable | 47/48 | €1,500 | €146,332 | +€144,832 | +9,655% |
| Accrued charges and deferred income | 492/3 | €9,723 | €7,970 | -€1,753 | -18.0% |
| Remuneration, social security and pensions | 62 | €631,343 | €617,021 | -€14,322 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,707 | €44,697 | +€11,990 | +36.7% |
| Other operating charges | 640/8 | €3,483 | €4,225 | +€742 | +21.3% |
| Gross operating margin | 9900 | €588,670 | €833,683 | +€245,013 | +41.6% |
| Operating profit (loss) | 9901 | -€78,863 | €167,741 | +€246,603 | |
| Financial income | 75/76B | €122 | €5 | -€116 | -95.5% |
| Recurring financial income | 75 | €122 | €5 | -€116 | -95.5% |
| Financial charges | 65/66B | €46,379 | €44,187 | -€2,192 | -4.7% |
| Recurring financial charges | 65 | €46,379 | €44,187 | -€2,192 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | -€125,120 | €123,559 | +€248,679 | |
| Income taxes | 67/77 | €460 | €4,079 | +€3,618 | +786% |
| Profit (loss) for the period | 9904 | -€125,581 | €119,481 | +€245,061 | |
| Profit (loss) for the period to be appropriated | 9905 | -€125,581 | €119,481 | +€245,061 |
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 14 October 2026 via checked.be.