ATOL MANAGEMENT: 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.
ATOL MANAGEMENT
Largest movements
- Cash -€65,892
down €65,892 (-93.3%), from €70,626 to €4,734
mainly Debts after one year (-€276,957) and Tax, wage and social debts (-€37,074)
- Debts after one year -€276,957
down €276,957 (-53.4%), from €518,781 to €241,824
- Profit (loss) carried forward +€201,982
up €201,982 (+15.9%), from €1.3m to €1.5m
- Tax, wage and social debts -€37,074
down €37,074 (-52.6%), from €70,454 to €33,380
- Other debts +€33,583
up €33,583 (+204%), from €16,500 to €50,083
- Gross operating margin -€52,763
down €52,763 (-12.0%), from €437,884 to €385,121
- Taxes -€9,056
down €9,056 (-11.1%), from €81,680 to €72,624
- Financial charges -€5,863
down €5,863 (-8.3%), from €70,288 to €64,425
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 | €2,404,411 | €2,324,343 | -€80,068 | -3.3% |
| Fixed assets | 21/28 | €2,323,971 | €2,309,248 | -€14,723 | -0.6% |
| Tangible fixed assets | 22/27 | €23,971 | €9,248 | -€14,723 | -61.4% |
| Furniture and vehicles | 24 | €19,026 | €6,142 | -€12,884 | -67.7% |
| Other tangible fixed assets | 26 | €4,945 | €3,106 | -€1,839 | -37.2% |
| Financial fixed assets | 28 | €2,300,000 | €2,300,000 | = | 0.0% |
| Current assets | 29/58 | €80,440 | €15,095 | -€65,345 | -81.2% |
| Amounts receivable within one year | 40/41 | €8,498 | €8,942 | +€444 | +5.2% |
| Trade receivables | 40 | €179 | €194 | +€15 | +8.4% |
| Other amounts receivable | 41 | €8,319 | €8,748 | +€429 | +5.2% |
| Cash at bank and in hand | 54/58 | €70,626 | €4,734 | -€65,892 | -93.3% |
| Deferred charges and accrued income | 490/1 | €1,316 | €1,419 | +€103 | +7.8% |
| Total equity and liabilities | 10/49 | €2,404,411 | €2,324,343 | -€80,068 | -3.3% |
| Equity | 10/15 | €1,519,666 | €1,721,648 | +€201,982 | +13.3% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,269,666 | €1,471,648 | +€201,982 | +15.9% |
| Amounts payable | 17/49 | €884,745 | €602,695 | -€282,050 | -31.9% |
| Amounts payable after more than one year | 17 | €518,781 | €241,824 | -€276,957 | -53.4% |
| Financial debts | 170/4 | €518,781 | €241,824 | -€276,957 | -53.4% |
| Amounts payable within one year | 42/48 | €365,964 | €360,871 | -€5,093 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €278,601 | €276,957 | -€1,644 | -0.6% |
| Trade debts | 44 | €409 | €451 | +€42 | +10.4% |
| Suppliers | 440/4 | €409 | €451 | +€42 | +10.4% |
| Taxes, remuneration and social security | 45 | €70,454 | €33,380 | -€37,074 | -52.6% |
| Taxes | 450/3 | €70,454 | €33,380 | -€37,074 | -52.6% |
| Other amounts payable | 47/48 | €16,500 | €50,083 | +€33,583 | +204% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,716 | €14,723 | +€7 | 0.0% |
| Other operating charges | 640/8 | €1,345 | €1,368 | +€24 | +1.8% |
| Gross operating margin | 9900 | €437,884 | €385,121 | -€52,763 | -12.0% |
| Operating profit (loss) | 9901 | €421,823 | €369,030 | -€52,794 | -12.5% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €70,288 | €64,425 | -€5,863 | -8.3% |
| Recurring financial charges | 65 | €70,288 | €64,425 | -€5,863 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €351,536 | €304,606 | -€46,930 | -13.3% |
| Income taxes | 67/77 | €81,680 | €72,624 | -€9,056 | -11.1% |
| Profit (loss) for the period | 9904 | €269,856 | €231,982 | -€37,874 | -14.0% |
| Profit (loss) for the period to be appropriated | 9905 | €269,856 | €231,982 | -€37,874 | -14.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.