Atlas Gestion: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
Atlas Gestion
Largest movements
- Tangible fixed assets -€84,754
down €84,754 (-4.5%), from €1.9m to €1.8m
of which Land and buildings: -€82,653
- Cash -€43,032
down €43,032 (-35.1%), from €122,749 to €79,717
mainly Debts after one year (-€181,996) and Receivables within one year (-€34,525)
- Receivables within one year +€34,525
up €34,525 (+2,204%), from €1,566 to €36,091
of which Trade receivables: +€22,846
- Debts after one year -€181,996
down €181,996 (-17.4%), from €1.0m to €864,484
- Profit (loss) carried forward +€106,859
up €106,859 (+113%), from €94,946 to €201,804
- Gross operating margin +€23,242
up €23,242 (+8.0%), from €291,102 to €314,344
- Depreciation -€13,384
down €13,384 (-11.6%), from €115,400 to €102,016
- Financial charges -€3,792
down €3,792 (-14.0%), from €27,122 to €23,330
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,999,891 | €1,908,703 | -€91,188 | -4.6% |
| Fixed assets | 21/28 | €1,873,350 | €1,788,596 | -€84,754 | -4.5% |
| Tangible fixed assets | 22/27 | €1,873,350 | €1,788,596 | -€84,754 | -4.5% |
| Land and buildings | 22 | €1,869,994 | €1,787,342 | -€82,653 | -4.4% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €3,356 | €1,255 | -€2,101 | -62.6% |
| Current assets | 29/58 | €126,540 | €120,107 | -€6,434 | -5.1% |
| Amounts receivable within one year | 40/41 | €1,566 | €36,091 | +€34,525 | +2,204% |
| Trade receivables | 40 | €1,566 | €24,412 | +€22,846 | +1,459% |
| Other amounts receivable | 41 | - | €11,679 | +€11,679 | |
| Cash at bank and in hand | 54/58 | €122,749 | €79,717 | -€43,032 | -35.1% |
| Deferred charges and accrued income | 490/1 | €2,224 | €4,298 | +€2,073 | +93.2% |
| Total equity and liabilities | 10/49 | €1,999,891 | €1,908,703 | -€91,188 | -4.6% |
| Equity | 10/15 | €692,743 | €799,602 | +€106,859 | +15.4% |
| Contributions | 10/11 | €76,874 | €76,874 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Contributions outside capital | 11 | €14,874 | €14,874 | = | 0.0% |
| Share premium | 1100/10 | €14,874 | €14,874 | = | 0.0% |
| Reserves | 13 | €520,924 | €520,924 | = | 0.0% |
| Non-distributable reserves | 130/1 | €27,620 | €27,620 | = | 0.0% |
| Legal reserve | 130 | €27,620 | €27,620 | = | 0.0% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €493,304 | €493,304 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,946 | €201,804 | +€106,859 | +113% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €1,307,147 | €1,109,101 | -€198,046 | -15.2% |
| Amounts payable after more than one year | 17 | €1,046,480 | €864,484 | -€181,996 | -17.4% |
| Financial debts | 170/4 | €1,046,480 | €864,484 | -€181,996 | -17.4% |
| Amounts payable within one year | 42/48 | €258,842 | €243,917 | -€14,926 | -5.8% |
| Current portion of amounts payable after more than one year | 42 | €178,470 | €181,996 | +€3,526 | +2.0% |
| Trade debts | 44 | €3,535 | €5,006 | +€1,471 | +41.6% |
| Suppliers | 440/4 | €3,535 | €5,006 | +€1,471 | +41.6% |
| Taxes, remuneration and social security | 45 | €21,657 | €13,793 | -€7,863 | -36.3% |
| Taxes | 450/3 | €21,657 | €13,793 | -€7,863 | -36.3% |
| Other amounts payable | 47/48 | €55,181 | €43,121 | -€12,059 | -21.9% |
| Accrued charges and deferred income | 492/3 | €1,825 | €700 | -€1,125 | -61.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115,400 | €102,016 | -€13,384 | -11.6% |
| Other operating charges | 640/8 | €48,092 | €50,741 | +€2,649 | +5.5% |
| Gross operating margin | 9900 | €291,102 | €314,344 | +€23,242 | +8.0% |
| Operating profit (loss) | 9901 | €127,610 | €161,587 | +€33,977 | +26.6% |
| Financial income | 75/76B | €0 | €1 | +€1 | |
| Recurring financial income | 75 | €0 | €1 | +€1 | |
| Financial charges | 65/66B | €27,122 | €23,330 | -€3,792 | -14.0% |
| Recurring financial charges | 65 | €27,122 | €23,330 | -€3,792 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | €100,488 | €138,259 | +€37,770 | +37.6% |
| Transfer from deferred taxes | 780 | €2,999 | €0 | -€2,999 | -100% |
| Income taxes | 67/77 | €30,081 | €31,400 | +€1,319 | +4.4% |
| Profit (loss) for the period | 9904 | €73,406 | €106,859 | +€33,453 | +45.6% |
| Transfer from tax-exempt reserves | 789 | €4,558 | €0 | -€4,558 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €77,964 | €106,859 | +€28,894 | +37.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.