ATMOSPHERE: 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.
ATMOSPHERE
Largest movements
- Current investments +€650,000
up €650,000 (+35.1%), from €1.9m to €2.5m
- Cash -€473,749
down €473,749 (-30.5%), from €1.6m to €1.1m
mainly Current investments (-€650,000) and Contributions, distributions and other (-€321,550)
- Receivables within one year -€111,301
down €111,301 (-11.4%), from €972,583 to €861,282
of which Other amounts receivable: -€88,327
- Tangible fixed assets +€71,363
up €71,363 (+24.8%), from €287,194 to €358,558
of which Furniture and vehicles: +€49,802
- Trade debts +€264,791
up €264,791 (+22.8%), from €1.2m to €1.4m
- Other debts -€200,686
down €200,686 (-22.2%), from €902,523 to €701,837
- Gross operating margin +€362,251
up €362,251 (+19.1%), from €1.9m to €2.3m
- Financial charges +€253,460
up €253,460 (+25.8%), from €980,596 to €1.2m
- Financial income -€28,961
down €28,961 (-36.7%), from €78,916 to €49,955
- Staff costs -€26,328
down €26,328 (-5.0%), from €530,157 to €503,829
- Taxes +€26,070
up €26,070 (+19.9%), from €131,326 to €157,395
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 | €5,011,665 | €5,110,880 | +€99,216 | +2.0% |
| Fixed assets | 21/28 | €289,316 | €360,679 | +€71,363 | +24.7% |
| Tangible fixed assets | 22/27 | €287,194 | €358,558 | +€71,363 | +24.8% |
| Land and buildings | 22 | €19,939 | €18,655 | -€1,284 | -6.4% |
| Plant, machinery and equipment | 23 | €0 | €29,002 | +€29,002 | |
| Furniture and vehicles | 24 | €137,210 | €187,012 | +€49,802 | +36.3% |
| Other tangible fixed assets | 26 | €130,045 | €123,888 | -€6,157 | -4.7% |
| Financial fixed assets | 28 | €2,122 | €2,122 | = | 0.0% |
| Current assets | 29/58 | €4,722,349 | €4,750,201 | +€27,853 | +0.6% |
| Stocks and contracts in progress | 3 | €336,153 | €303,084 | -€33,069 | -9.8% |
| Stocks | 30/36 | €336,153 | €303,084 | -€33,069 | -9.8% |
| Amounts receivable within one year | 40/41 | €972,583 | €861,282 | -€111,301 | -11.4% |
| Trade receivables | 40 | €286,498 | €263,523 | -€22,974 | -8.0% |
| Other amounts receivable | 41 | €686,085 | €597,759 | -€88,327 | -12.9% |
| Current investments | 50/53 | €1,850,000 | €2,500,000 | +€650,000 | +35.1% |
| Cash at bank and in hand | 54/58 | €1,550,805 | €1,077,056 | -€473,749 | -30.5% |
| Deferred charges and accrued income | 490/1 | €12,808 | €8,780 | -€4,028 | -31.4% |
| Total equity and liabilities | 10/49 | €5,011,665 | €5,110,880 | +€99,216 | +2.0% |
| Equity | 10/15 | €2,673,061 | €2,685,536 | +€12,475 | +0.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,287,430 | €1,299,904 | +€12,475 | +1.0% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €1,287,430 | €1,299,904 | +€12,475 | +1.0% |
| Profit (loss) carried forward | 14 | €1,367,032 | €1,367,032 | = | 0.0% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €2,338,604 | €2,425,344 | +€86,741 | +3.7% |
| Amounts payable within one year | 42/48 | €2,275,065 | €2,376,082 | +€101,017 | +4.4% |
| Trade debts | 44 | €1,161,231 | €1,426,023 | +€264,791 | +22.8% |
| Suppliers | 440/4 | €1,161,231 | €1,426,023 | +€264,791 | +22.8% |
| Taxes, remuneration and social security | 45 | €211,311 | €248,222 | +€36,911 | +17.5% |
| Taxes | 450/3 | €126,569 | €174,108 | +€47,539 | +37.6% |
| Remuneration and social security | 454/9 | €84,742 | €74,114 | -€10,627 | -12.5% |
| Other amounts payable | 47/48 | €902,523 | €701,837 | -€200,686 | -22.2% |
| Accrued charges and deferred income | 492/3 | €63,538 | €49,262 | -€14,276 | -22.5% |
| Non-recurring operating income | 76A | - | €23,165 | +€23,165 | |
| Remuneration, social security and pensions | 62 | €530,157 | €503,829 | -€26,328 | -5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,195 | €72,333 | +€11,137 | +18.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €958 | -€1,703 | -€2,661 | |
| Other operating charges | 640/8 | €12,553 | €9,399 | -€3,154 | -25.1% |
| Gross operating margin | 9900 | €1,897,129 | €2,259,379 | +€362,251 | +19.1% |
| Operating profit (loss) | 9901 | €1,292,264 | €1,675,521 | +€383,257 | +29.7% |
| Financial income | 75/76B | €78,916 | €49,955 | -€28,961 | -36.7% |
| Recurring financial income | 75 | €78,916 | €49,955 | -€28,961 | -36.7% |
| Financial charges | 65/66B | €980,596 | €1,234,055 | +€253,460 | +25.8% |
| Recurring financial charges | 65 | €980,596 | €1,234,055 | +€253,460 | +25.8% |
| Profit (loss) for the period before taxes | 9903 | €390,584 | €491,420 | +€100,836 | +25.8% |
| Transfer from deferred taxes | 780 | €267 | €0 | -€267 | -100.0% |
| Income taxes | 67/77 | €131,326 | €157,395 | +€26,070 | +19.9% |
| Profit (loss) for the period | 9904 | €259,526 | €334,025 | +€74,499 | +28.7% |
| Transfer from tax-exempt reserves | 789 | €654 | €0 | -€654 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €260,180 | €334,025 | +€73,844 | +28.4% |
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 11 October 2026 via checked.be.