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 +€20,941
up €20,941 (+144.3%), from €14,514 to €35,455
- Deferred charges and accrued income +€2,314
new in 2025: €2,314
- Trade debts +€26,255
up €26,255 (+9344.6%), from €281 to €26,536
- Debts after one year -€15,183
down €15,183 (-16.5%), from €91,966 to €76,782
- Profit (loss) carried forward +€9,757
up €9,757 (+125.6%), from €7,768 to €17,526
- Tax, wage and social debts +€3,552
up €3,552 (+43.5%), from €8,156 to €11,708
of which Taxes: +€3,552
- Other debts -€3,168
down €3,168 (-7.9%), from €39,979 to €36,811
- Gross operating margin +€5,459
up €5,459 (+46.2%), from €11,829 to €17,288
- Financial charges +€2,070
up €2,070 (+114.0%), from €1,815 to €3,885
- Taxes +€856
up €856 (+43.6%), from €1,965 to €2,821
- Depreciation +€316
up €316 (+112.7%), from €280 to €595
- Other operating charges +€229
new in 2025: €229
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 | €175,380 | €196,807 | +€21,427 | +12.2% |
| Formation expenses | 20 | €2,697 | €2,102 | -€595 | -22.1% |
| Fixed assets | 21/28 | €150,000 | €150,000 | = | 0.0% |
| Financial fixed assets | 28 | €150,000 | €150,000 | = | 0.0% |
| Current assets | 29/58 | €22,683 | €44,706 | +€22,022 | +97.1% |
| Amounts receivable within one year | 40/41 | €14,514 | €35,455 | +€20,941 | +144.3% |
| Trade receivables | 40 | €14,514 | €35,455 | +€20,941 | +144.3% |
| Cash at bank and in hand | 54/58 | €8,169 | €6,937 | -€1,233 | -15.1% |
| Deferred charges and accrued income | 490/1 | - | €2,314 | +€2,314 | |
| Total equity and liabilities | 10/49 | €175,380 | €196,807 | +€21,427 | +12.2% |
| Equity | 10/15 | €17,768 | €27,526 | +€9,757 | +54.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,768 | €17,526 | +€9,757 | +125.6% |
| Amounts payable | 17/49 | €157,612 | €169,282 | +€11,670 | +7.4% |
| Amounts payable after more than one year | 17 | €91,966 | €76,782 | -€15,183 | -16.5% |
| Financial debts | 170/4 | €91,966 | €76,782 | -€15,183 | -16.5% |
| Amounts payable within one year | 42/48 | €65,300 | €92,202 | +€26,903 | +41.2% |
| Current portion of amounts payable after more than one year | 42 | €16,883 | €17,148 | +€264 | +1.6% |
| Trade debts | 44 | €281 | €26,536 | +€26,255 | +9344.6% |
| Suppliers | 440/4 | €281 | €26,536 | +€26,255 | +9344.6% |
| Taxes, remuneration and social security | 45 | €8,156 | €11,708 | +€3,552 | +43.5% |
| Taxes | 450/3 | €6,456 | €10,008 | +€3,552 | +55.0% |
| Remuneration and social security | 454/9 | €1,700 | €1,700 | = | 0.0% |
| Other amounts payable | 47/48 | €39,979 | €36,811 | -€3,168 | -7.9% |
| Accrued charges and deferred income | 492/3 | €347 | €297 | -€50 | -14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €280 | €595 | +€316 | +112.7% |
| Other operating charges | 640/8 | - | €229 | +€229 | |
| Gross operating margin | 9900 | €11,829 | €17,288 | +€5,459 | +46.2% |
| Operating profit (loss) | 9901 | €11,549 | €16,464 | +€4,915 | +42.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €1,815 | €3,885 | +€2,070 | +114.0% |
| Recurring financial charges | 65 | €1,815 | €3,885 | +€2,070 | +114.0% |
| Profit (loss) for the period before taxes | 9903 | €9,734 | €12,579 | +€2,845 | +29.2% |
| Income taxes | 67/77 | €1,965 | €2,821 | +€856 | +43.6% |
| Profit (loss) for the period | 9904 | €7,768 | €9,757 | +€1,989 | +25.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,768 | €9,757 | +€1,989 | +25.6% |
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 3 October 2026 via checked.be.