ATOX: 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.
ATOX
Largest movements
- Tangible fixed assets -€307,034
down €307,034 (-25.0%), from €1.2m to €919,612
of which Leasing and similar rights: -€244,859
- Cash -€219,853
down €219,853 (-52.0%), from €422,801 to €202,948
mainly Trade debts (-€265,878) and Debts after one year (-€261,849)
- Receivables within one year +€69,538
up €69,538 (+5.3%), from €1.3m to €1.4m
of which Trade receivables: +€62,257
- Deferred charges and accrued income +€62,116
up €62,116 (+5,185%), from €1,198 to €63,314
- Trade debts -€265,878
down €265,878 (-33.8%), from €786,555 to €520,677
- Debts after one year -€261,849
down €261,849 (-50.5%), from €518,309 to €256,460
- Profit (loss) carried forward +€87,283
up €87,283 (+31.3%), from €278,438 to €365,721
- Gross operating margin -€188,772
down €188,772 (-10.5%), from €1.8m to €1.6m
- Write-downs -€146,161
no longer reported in 2025 (was €146,161)
- Depreciation -€29,254
down €29,254 (-7.8%), from €372,851 to €343,597
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 | €3,086,326 | €2,691,093 | -€395,233 | -12.8% |
| Fixed assets | 21/28 | €1,247,102 | €940,068 | -€307,034 | -24.6% |
| Tangible fixed assets | 22/27 | €1,226,646 | €919,612 | -€307,034 | -25.0% |
| Plant, machinery and equipment | 23 | €238,396 | €177,249 | -€61,147 | -25.6% |
| Furniture and vehicles | 24 | €3,053 | €2,025 | -€1,028 | -33.7% |
| Leasing and similar rights | 25 | €985,197 | €740,338 | -€244,859 | -24.9% |
| Financial fixed assets | 28 | €20,456 | €20,456 | = | 0.0% |
| Current assets | 29/58 | €1,839,224 | €1,751,025 | -€88,199 | -4.8% |
| Stocks and contracts in progress | 3 | €92,101 | €92,101 | = | 0.0% |
| Stocks | 30/36 | €92,101 | €92,101 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,323,124 | €1,392,662 | +€69,538 | +5.3% |
| Trade receivables | 40 | €1,303,818 | €1,366,075 | +€62,257 | +4.8% |
| Other amounts receivable | 41 | €19,306 | €26,587 | +€7,281 | +37.7% |
| Cash at bank and in hand | 54/58 | €422,801 | €202,948 | -€219,853 | -52.0% |
| Deferred charges and accrued income | 490/1 | €1,198 | €63,314 | +€62,116 | +5,185% |
| Total equity and liabilities | 10/49 | €3,086,326 | €2,691,093 | -€395,233 | -12.8% |
| Equity | 10/15 | €1,405,438 | €1,492,721 | +€87,283 | +6.2% |
| Contributions | 10/11 | €620,000 | €620,000 | = | 0.0% |
| Capital | 10 | €620,000 | €620,000 | = | 0.0% |
| Issued capital | 100 | €620,000 | €620,000 | = | 0.0% |
| Reserves | 13 | €507,000 | €507,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €62,000 | €62,000 | = | 0.0% |
| Legal reserve | 130 | €62,000 | €62,000 | = | 0.0% |
| Distributable reserves | 133 | €445,000 | €445,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €278,438 | €365,721 | +€87,283 | +31.3% |
| Amounts payable | 17/49 | €1,680,888 | €1,198,372 | -€482,516 | -28.7% |
| Amounts payable after more than one year | 17 | €518,309 | €256,460 | -€261,849 | -50.5% |
| Financial debts | 170/4 | €518,309 | €256,460 | -€261,849 | -50.5% |
| Amounts payable within one year | 42/48 | €1,162,579 | €915,939 | -€246,640 | -21.2% |
| Current portion of amounts payable after more than one year | 42 | €221,889 | €211,150 | -€10,739 | -4.8% |
| Trade debts | 44 | €786,555 | €520,677 | -€265,878 | -33.8% |
| Suppliers | 440/4 | €786,555 | €520,677 | -€265,878 | -33.8% |
| Taxes, remuneration and social security | 45 | €153,880 | €183,857 | +€29,977 | +19.5% |
| Taxes | 450/3 | €12,049 | €32,500 | +€20,451 | +170% |
| Remuneration and social security | 454/9 | €141,831 | €151,357 | +€9,526 | +6.7% |
| Other amounts payable | 47/48 | €255 | €255 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €25,973 | +€25,973 | |
| Remuneration, social security and pensions | 62 | €1,117,367 | €1,104,145 | -€13,222 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €372,851 | €343,597 | -€29,254 | -7.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €146,161 | - | -€146,161 | |
| Other operating charges | 640/8 | €13,493 | €13,069 | -€424 | -3.1% |
| Gross operating margin | 9900 | €1,793,401 | €1,604,629 | -€188,772 | -10.5% |
| Operating profit (loss) | 9901 | €143,529 | €143,818 | +€289 | +0.2% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €25,115 | €24,035 | -€1,080 | -4.3% |
| Recurring financial charges | 65 | €25,115 | €24,035 | -€1,080 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €118,415 | €119,783 | +€1,368 | +1.2% |
| Income taxes | 67/77 | €37,221 | €32,500 | -€4,721 | -12.7% |
| Profit (loss) for the period | 9904 | €81,194 | €87,283 | +€6,089 | +7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €81,194 | €87,283 | +€6,089 | +7.5% |
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 16 October 2026 via checked.be.