ATLAS Neuroengineering: 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.
ATLAS Neuroengineering
Largest movements
- Deferred charges and accrued income -€262,991
down €262,991 (-62.8%), from €419,024 to €156,033
- Cash +€21,980
up €21,980 (+4.0%), from €546,920 to €568,900
mainly Deferred charges and accrued income (+€262,991) and Advances received (+€42,216)
- Tangible fixed assets -€21,602
down €21,602 (-44.0%), from €49,134 to €27,532
of which Plant, machinery and equipment: -€21,353
- Receivables within one year +€19,854
up €19,854 (+20.5%), from €96,980 to €116,835
of which Other amounts receivable: +€27,467
- Other debts -€289,867
down €289,867 (-77.0%), from €376,542 to €86,674
- Advances received +€42,216
up €42,216 (+908%), from €4,651 to €46,867
- Trade debts +€19,542
up €19,542 (+89.5%), from €21,837 to €41,379
- Debts after one year -€16,591
no longer reported in 2025 (was €16,591)
- Gross operating margin -€110,603
down €110,603 (-48.9%), from €226,073 to €115,470
- Staff costs -€30,467
down €30,467 (-23.6%), from €128,940 to €98,473
- Financial income -€9,960
down €9,960 (-98.8%), from €10,082 to €122
- Taxes -€3,784
no longer reported in 2025 (was €3,784)
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 | €1,136,230 | €897,749 | -€238,481 | -21.0% |
| Fixed assets | 21/28 | €49,144 | €28,990 | -€20,154 | -41.0% |
| Tangible fixed assets | 22/27 | €49,134 | €27,532 | -€21,602 | -44.0% |
| Plant, machinery and equipment | 23 | €48,885 | €27,532 | -€21,353 | -43.7% |
| Furniture and vehicles | 24 | €249 | €0 | -€249 | -100% |
| Financial fixed assets | 28 | €10 | €1,458 | +€1,448 | +14,480% |
| Current assets | 29/58 | €1,087,086 | €868,760 | -€218,326 | -20.1% |
| Stocks and contracts in progress | 3 | €24,161 | €26,992 | +€2,830 | +11.7% |
| Stocks | 30/36 | €24,161 | €26,992 | +€2,830 | +11.7% |
| Amounts receivable within one year | 40/41 | €96,980 | €116,835 | +€19,854 | +20.5% |
| Trade receivables | 40 | €84,207 | €76,594 | -€7,612 | -9.0% |
| Other amounts receivable | 41 | €12,774 | €40,241 | +€27,467 | +215% |
| Cash at bank and in hand | 54/58 | €546,920 | €568,900 | +€21,980 | +4.0% |
| Deferred charges and accrued income | 490/1 | €419,024 | €156,033 | -€262,991 | -62.8% |
| Total equity and liabilities | 10/49 | €1,136,230 | €897,749 | -€238,481 | -21.0% |
| Equity | 10/15 | €612,243 | €603,275 | -€8,968 | -1.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €593,643 | €584,675 | -€8,968 | -1.5% |
| Distributable reserves | 133 | €593,643 | €584,675 | -€8,968 | -1.5% |
| Amounts payable | 17/49 | €523,987 | €294,474 | -€229,513 | -43.8% |
| Amounts payable after more than one year | 17 | €16,591 | - | -€16,591 | |
| Financial debts | 170/4 | €16,591 | - | -€16,591 | |
| Amounts payable within one year | 42/48 | €448,974 | €232,629 | -€216,345 | -48.2% |
| Current portion of amounts payable after more than one year | 42 | €12,157 | €16,591 | +€4,434 | +36.5% |
| Trade debts | 44 | €21,837 | €41,379 | +€19,542 | +89.5% |
| Suppliers | 440/4 | €21,837 | €41,379 | +€19,542 | +89.5% |
| Advances received on contracts in progress | 46 | €4,651 | €46,867 | +€42,216 | +908% |
| Taxes, remuneration and social security | 45 | €33,788 | €41,118 | +€7,330 | +21.7% |
| Taxes | 450/3 | €7,799 | €17,520 | +€9,720 | +125% |
| Remuneration and social security | 454/9 | €25,989 | €23,599 | -€2,390 | -9.2% |
| Other amounts payable | 47/48 | €376,542 | €86,674 | -€289,867 | -77.0% |
| Accrued charges and deferred income | 492/3 | €58,422 | €61,845 | +€3,423 | +5.9% |
| Remuneration, social security and pensions | 62 | €128,940 | €98,473 | -€30,467 | -23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,669 | €22,999 | -€670 | -2.8% |
| Other operating charges | 640/8 | €1,309 | €1,350 | +€41 | +3.1% |
| Gross operating margin | 9900 | €226,073 | €115,470 | -€110,603 | -48.9% |
| Operating profit (loss) | 9901 | €72,155 | -€7,352 | -€79,507 | |
| Financial income | 75/76B | €10,082 | €122 | -€9,960 | -98.8% |
| Recurring financial income | 75 | €10,082 | €122 | -€9,960 | -98.8% |
| Financial charges | 65/66B | €1,868 | €1,738 | -€130 | -6.9% |
| Recurring financial charges | 65 | €1,868 | €1,738 | -€130 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €80,369 | -€8,968 | -€89,336 | |
| Income taxes | 67/77 | €3,784 | - | -€3,784 | |
| Profit (loss) for the period | 9904 | €76,584 | -€8,968 | -€85,552 | |
| Profit (loss) for the period to be appropriated | 9905 | €76,584 | -€8,968 | -€85,552 |
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 29 October 2026 via checked.be.