ATN CONSTRUCT: 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.
ATN CONSTRUCT
Largest movements
- Receivables within one year +€5,589
up €5,589 (+19.5%), from €28,636 to €34,225
of which Other amounts receivable: +€3,157
- Tangible fixed assets +€5,215
new in 2025: €5,215
- Cash -€543
down €543 (-24.8%), from €2,187 to €1,644
mainly Investment in fixed assets (net) (-€7,221) and Receivables within one year (-€5,589)
- Current portion of long-term debt +€6,424
new in 2025: €6,424
- Profit (loss) carried forward +€4,138
up €4,138 (+20.9%), from €19,799 to €23,937
- Trade debts -€1,661
down €1,661 (-70.1%), from €2,370 to €709
of which Suppliers: -€1,646
- Debts after one year +€757
new in 2025: €757
- Tax, wage and social debts +€603
up €603 (+101.5%), from €594 to €1,197
- Gross operating margin +€4,832
up €4,832 (+152.2%), from €3,175 to €8,008
- Depreciation +€2,006
new in 2025: €2,006
- Taxes +€603
up €603 (+101.5%), from €594 to €1,197
- Financial charges +€119
up €119 (+48.7%), from €244 to €363
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 | €30,823 | €41,084 | +€10,261 | +33.3% |
| Fixed assets | 21/28 | - | €5,215 | +€5,215 | |
| Tangible fixed assets | 22/27 | - | €5,215 | +€5,215 | |
| Furniture and vehicles | 24 | - | €5,215 | +€5,215 | |
| Current assets | 29/58 | €30,823 | €35,869 | +€5,046 | +16.4% |
| Amounts receivable within one year | 40/41 | €28,636 | €34,225 | +€5,589 | +19.5% |
| Trade receivables | 40 | €15,492 | €17,924 | +€2,432 | +15.7% |
| Other amounts receivable | 41 | €13,144 | €16,301 | +€3,157 | +24.0% |
| Cash at bank and in hand | 54/58 | €2,187 | €1,644 | -€543 | -24.8% |
| Total equity and liabilities | 10/49 | €30,823 | €41,084 | +€10,261 | +33.3% |
| Equity | 10/15 | €27,859 | €31,997 | +€4,138 | +14.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,799 | €23,937 | +€4,138 | +20.9% |
| Amounts payable | 17/49 | €2,964 | €9,087 | +€6,123 | +206.6% |
| Amounts payable after more than one year | 17 | - | €757 | +€757 | |
| Financial debts | 170/4 | - | €757 | +€757 | |
| Amounts payable within one year | 42/48 | €2,964 | €8,330 | +€5,366 | +181.0% |
| Current portion of amounts payable after more than one year | 42 | - | €6,424 | +€6,424 | |
| Trade debts | 44 | €2,370 | €709 | -€1,661 | -70.1% |
| Suppliers | 440/4 | €2,202 | €557 | -€1,646 | -74.7% |
| Bills of exchange payable | 441 | €168 | €152 | -€16 | -9.4% |
| Taxes, remuneration and social security | 45 | €594 | €1,197 | +€603 | +101.5% |
| Taxes | 450/3 | €594 | €1,197 | +€603 | +101.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,006 | +€2,006 | |
| Other operating charges | 640/8 | €314 | €304 | -€10 | -3.2% |
| Gross operating margin | 9900 | €3,175 | €8,008 | +€4,832 | +152.2% |
| Operating profit (loss) | 9901 | €2,861 | €5,697 | +€2,837 | +99.2% |
| Financial charges | 65/66B | €244 | €363 | +€119 | +48.7% |
| Recurring financial charges | 65 | €244 | €363 | +€119 | +48.7% |
| Profit (loss) for the period before taxes | 9903 | €2,617 | €5,334 | +€2,718 | +103.9% |
| Income taxes | 67/77 | €594 | €1,197 | +€603 | +101.5% |
| Profit (loss) for the period | 9904 | €2,023 | €4,138 | +€2,115 | +104.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,023 | €4,138 | +€2,115 | +104.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.