ATLAS: 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.
ATLAS
Largest movements
- Receivables within one year +€17,451
up €17,451 (+17.0%), from €102,841 to €120,292
of which Trade receivables: +€18,786
- Stocks and contracts -€5,989
down €5,989 (-5.7%), from €105,633 to €99,643
- Cash -€3,994
down €3,994 (-9.5%), from €42,196 to €38,202
mainly Receivables within one year (-€17,451) and Tax, wage and social debts (-€2,028)
- Profit (loss) carried forward +€5,892
up €5,892 (+3.1%), from €190,790 to €196,682
- Trade debts +€4,009
up €4,009 (+7.1%), from €56,392 to €60,401
- Gross operating margin -€6,824
down €6,824 (-15.6%), from €43,704 to €36,880
- Staff costs +€4,020
up €4,020 (+20.3%), from €19,788 to €23,808
- Taxes -€2,821
down €2,821, from €2,772 to -€49
- Other operating charges +€2,263
up €2,263 (+289.3%), from €782 to €3,046
- Financial charges -€1,654
down €1,654 (-40.3%), from €4,101 to €2,447
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 | €259,555 | €265,950 | +€6,396 | +2.5% |
| Fixed assets | 21/28 | €8,884 | €7,813 | -€1,072 | -12.1% |
| Tangible fixed assets | 22/27 | €2,484 | €1,413 | -€1,072 | -43.1% |
| Furniture and vehicles | 24 | €2,484 | €1,413 | -€1,072 | -43.1% |
| Financial fixed assets | 28 | €6,400 | €6,400 | = | 0.0% |
| Current assets | 29/58 | €250,670 | €258,137 | +€7,467 | +3.0% |
| Stocks and contracts in progress | 3 | €105,633 | €99,643 | -€5,989 | -5.7% |
| Stocks | 30/36 | €105,633 | €99,643 | -€5,989 | -5.7% |
| Amounts receivable within one year | 40/41 | €102,841 | €120,292 | +€17,451 | +17.0% |
| Trade receivables | 40 | €24,182 | €42,968 | +€18,786 | +77.7% |
| Other amounts receivable | 41 | €78,660 | €77,324 | -€1,336 | -1.7% |
| Cash at bank and in hand | 54/58 | €42,196 | €38,202 | -€3,994 | -9.5% |
| Total equity and liabilities | 10/49 | €259,555 | €265,950 | +€6,396 | +2.5% |
| Equity | 10/15 | €198,850 | €204,742 | +€5,892 | +3.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €190,790 | €196,682 | +€5,892 | +3.1% |
| Amounts payable | 17/49 | €60,705 | €61,208 | +€504 | +0.8% |
| Amounts payable within one year | 42/48 | €60,705 | €61,208 | +€504 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €1,477 | - | -€1,477 | |
| Trade debts | 44 | €56,392 | €60,401 | +€4,009 | +7.1% |
| Suppliers | 440/4 | €56,392 | €60,401 | +€4,009 | +7.1% |
| Taxes, remuneration and social security | 45 | €2,835 | €808 | -€2,028 | -71.5% |
| Taxes | 450/3 | €927 | - | -€927 | |
| Remuneration and social security | 454/9 | €1,909 | €808 | -€1,101 | -57.7% |
| Remuneration, social security and pensions | 62 | €19,788 | €23,808 | +€4,020 | +20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,863 | €2,072 | +€208 | +11.2% |
| Other operating charges | 640/8 | €782 | €3,046 | +€2,263 | +289.3% |
| Gross operating margin | 9900 | €43,704 | €36,880 | -€6,824 | -15.6% |
| Operating profit (loss) | 9901 | €21,269 | €7,955 | -€13,315 | -62.6% |
| Financial income | 75/76B | €31 | €335 | +€304 | +988.6% |
| Recurring financial income | 75 | €31 | €335 | +€304 | +988.6% |
| Financial charges | 65/66B | €4,101 | €2,447 | -€1,654 | -40.3% |
| Recurring financial charges | 65 | €4,101 | €2,447 | -€1,654 | -40.3% |
| Profit (loss) for the period before taxes | 9903 | €17,199 | €5,843 | -€11,356 | -66.0% |
| Income taxes | 67/77 | €2,772 | -€49 | -€2,821 | |
| Profit (loss) for the period | 9904 | €14,427 | €5,892 | -€8,535 | -59.2% |
| Profit (loss) for the period to be appropriated | 9905 | €14,427 | €5,892 | -€8,535 | -59.2% |
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 6 October 2026 via checked.be.