ATOR: 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.
ATOR
Largest movements
- Cash -€51,290
down €51,290 (-66.8%), from €76,793 to €25,503
mainly Receivables within one year (-€27,071) and Net result for the year (-€18,399)
- Receivables within one year +€27,071
up €27,071 (+292%), from €9,285 to €36,356
of which Trade receivables: +€13,569
- Tangible fixed assets -€1,279
down €1,279 (-40.3%), from €3,174 to €1,895
- Profit (loss) carried forward -€18,399
down €18,399 (-71.1%), from -€25,866 to -€44,265
- Reserves -€14,045
down €14,045 (-16.6%), from €84,762 to €70,718
- Trade debts +€5,008
up €5,008 (+395%), from €1,269 to €6,277
- Other debts +€3,305
up €3,305 (+32.9%), from €10,037 to €13,342
- Gross operating margin -€10,703
down €10,703 (-187%), from -€5,731 to -€16,434
- Financial income -€1,889
down €1,889 (-70.8%), from €2,670 to €781
- Other operating charges -€1,300
down €1,300 (-69.0%), from €1,886 to €585
- Taxes -€780
down €780 (-100%), from €780 to €0
- Depreciation +€617
up €617 (+93.1%), from €662 to €1,279
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 | €90,208 | €65,375 | -€24,833 | -27.5% |
| Fixed assets | 21/28 | €3,174 | €1,895 | -€1,279 | -40.3% |
| Tangible fixed assets | 22/27 | €3,174 | €1,895 | -€1,279 | -40.3% |
| Furniture and vehicles | 24 | €3,174 | €1,895 | -€1,279 | -40.3% |
| Current assets | 29/58 | €87,034 | €63,480 | -€23,555 | -27.1% |
| Amounts receivable within one year | 40/41 | €9,285 | €36,356 | +€27,071 | +292% |
| Trade receivables | 40 | €1,295 | €14,864 | +€13,569 | +1,048% |
| Other amounts receivable | 41 | €7,990 | €21,492 | +€13,502 | +169% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €76,793 | €25,503 | -€51,290 | -66.8% |
| Deferred charges and accrued income | 490/1 | €957 | €1,622 | +€665 | +69.5% |
| Total equity and liabilities | 10/49 | €90,208 | €65,375 | -€24,833 | -27.5% |
| Equity | 10/15 | €77,496 | €45,053 | -€32,443 | -41.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €84,762 | €70,718 | -€14,045 | -16.6% |
| Distributable reserves | 133 | €84,762 | €70,718 | -€14,045 | -16.6% |
| Profit (loss) carried forward | 14 | -€25,866 | -€44,265 | -€18,399 | -71.1% |
| Amounts payable | 17/49 | €12,712 | €20,322 | +€7,610 | +59.9% |
| Amounts payable within one year | 42/48 | €12,184 | €19,619 | +€7,436 | +61.0% |
| Trade debts | 44 | €1,269 | €6,277 | +€5,008 | +395% |
| Suppliers | 440/4 | €1,269 | €6,277 | +€5,008 | +395% |
| Taxes, remuneration and social security | 45 | €877 | €0 | -€877 | -100% |
| Taxes | 450/3 | €877 | €0 | -€877 | -100% |
| Other amounts payable | 47/48 | €10,037 | €13,342 | +€3,305 | +32.9% |
| Accrued charges and deferred income | 492/3 | €528 | €702 | +€174 | +32.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €662 | €1,279 | +€617 | +93.1% |
| Other operating charges | 640/8 | €1,886 | €585 | -€1,300 | -69.0% |
| Gross operating margin | 9900 | -€5,731 | -€16,434 | -€10,703 | -187% |
| Operating profit (loss) | 9901 | -€8,278 | -€18,298 | -€10,019 | -121% |
| Financial income | 75/76B | €2,670 | €781 | -€1,889 | -70.8% |
| Recurring financial income | 75 | €2,670 | €781 | -€1,889 | -70.8% |
| Financial charges | 65/66B | €1,044 | €882 | -€163 | -15.6% |
| Recurring financial charges | 65 | €1,044 | €882 | -€163 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | -€6,653 | -€18,399 | -€11,746 | -177% |
| Income taxes | 67/77 | €780 | €0 | -€780 | -100% |
| Profit (loss) for the period | 9904 | -€7,433 | -€18,399 | -€10,966 | -148% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,433 | -€18,399 | -€10,966 | -148% |
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 20 October 2026 via checked.be.