ATRAC: 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.
What changed
ATRAC
NACE 64.910, Financial service activities, except insurance and pension funding
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€231,967
2024 · €549,484-€317,517
Equity
€3.2m
2024 · €3.0m+€231,967
Cash
€279,904
2024 · €188,998+€90,906
Balance sheet total
€8.6m
2024 · €8.2m+€432,824
Largest movements
Assets
- Stocks and contracts +€1.1m
up €1.1m (+79.8%), from €1.4m to €2.5m
- Receivables within one year -€1.1m
down €1.1m (-31.8%), from €3.4m to €2.3m
of which Trade receivables: -€1.1m
- Tangible fixed assets +€352,283
up €352,283 (+11.4%), from €3.1m to €3.4m
of which Furniture and vehicles: +€463,961
- Cash +€90,906
up €90,906 (+48.1%), from €188,998 to €279,904
mainly Receivables within one year (+€1.1m) and Depreciation (+€697,461)
Equity and liabilities
- Trade debts +€388,056
up €388,056 (+14.2%), from €2.7m to €3.1m
- Other debts -€257,504
down €257,504 (-30.5%), from €843,699 to €586,195
- Reserves +€231,967
up €231,967 (+7.9%), from €3.0m to €3.2m
of which Tax-exempt reserves: +€356,204
- Advances received +€148,450
up €148,450 (+52.7%), from €281,790 to €430,240
Income statement
- Turnover -€663,320
down €663,320 (-4.1%), from €16.1m to €15.4m
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.
Result 2024
€549,484
Turnover
-€663,320
Other operating income
+€100,877
Goods and materials
+€135,238
Services and other goods
+€151,306
Staff costs
-€125,544
Depreciation
-€50,158
Write-downs
+€17,999
Other operating charges
-€33,770
Financial income
+€62,425
Financial charges
-€16,754
Taxes
+€104,184
Result 2025
€231,967
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.
From operations
+€1.2m
Investment
-€980,232
Financing
-€91,863
Cash 2024
€188,998
From operations (derived)
+€1.2m
Net result for the year
+€231,967
Depreciation
+€697,461
Stocks and contracts
-€1.1m
Receivables within one year
+€1.1m
Smaller working-capital items
-€3,788
Trade debts
+€388,056
Tax, wage and social debts
+€14,822
Advances received
+€148,450
Other debts
-€257,504
Investment (derived)
-€980,232
Investment in fixed assets (net)
-€1.0m
Current investments
+€68,675
Financing
-€91,863
Debts after one year
-€8,796
Current portion of long-term debt
-€83,067
Cash 2025
€279,904
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,182,437 | €8,615,261 | +€432,824 | +5.3% |
| Fixed assets | 21/28 | €3,136,845 | €3,488,291 | +€351,446 | +11.2% |
| Tangible fixed assets | 22/27 | €3,095,579 | €3,447,861 | +€352,283 | +11.4% |
| Land and buildings | 22 | €117,874 | €104,277 | -€13,597 | -11.5% |
| Plant, machinery and equipment | 23 | €141,612 | €151,984 | +€10,372 | +7.3% |
| Furniture and vehicles | 24 | €2,496,750 | €2,960,711 | +€463,961 | +18.6% |
| Leasing and similar rights | 25 | €332,856 | €228,421 | -€104,434 | -31.4% |
| Other tangible fixed assets | 26 | €6,487 | €2,469 | -€4,019 | -61.9% |
| Financial fixed assets | 28 | €41,267 | €40,430 | -€837 | -2.0% |
| Affiliated companies | 280/1 | €40,997 | €40,160 | -€837 | -2.0% |
| Amounts receivable | 281 | €40,997 | €40,160 | -€837 | -2.0% |
| Other financial fixed assets | 284/8 | €270 | €270 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €5,045,592 | €5,126,970 | +€81,378 | +1.6% |
| Stocks and contracts in progress | 3 | €1,407,530 | €2,530,610 | +€1.1m | +79.8% |
| Stocks | 30/36 | €1,407,530 | €2,530,610 | +€1.1m | +79.8% |
| Goods purchased for resale | 34 | €1,407,530 | €2,530,610 | +€1.1m | +79.8% |
| Amounts receivable within one year | 40/41 | €3,357,382 | €2,290,764 | -€1.1m | -31.8% |
| Trade receivables | 40 | €3,261,660 | €2,195,400 | -€1.1m | -32.7% |
| Other amounts receivable | 41 | €95,723 | €95,365 | -€358 | -0.4% |
| Current investments | 50/53 | €68,675 | - | -€68,675 | |
| Other investments | 51/53 | €68,675 | - | -€68,675 | |
| Cash at bank and in hand | 54/58 | €188,998 | €279,904 | +€90,906 | +48.1% |
| Deferred charges and accrued income | 490/1 | €23,007 | €25,691 | +€2,684 | +11.7% |
| Total equity and liabilities | 10/49 | €8,182,437 | €8,615,261 | +€432,824 | +5.3% |
| Equity | 10/15 | €3,014,501 | €3,246,468 | +€231,967 | +7.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €2,952,501 | €3,184,468 | +€231,967 | +7.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,566,414 | €1,922,617 | +€356,204 | +22.7% |
| Distributable reserves | 133 | €1,379,888 | €1,255,651 | -€124,236 | -9.0% |
| Amounts payable | 17/49 | €5,167,935 | €5,368,792 | +€200,857 | +3.9% |
| Amounts payable after more than one year | 17 | €58,426 | €49,630 | -€8,796 | -15.1% |
| Financial debts | 170/4 | €58,426 | €49,630 | -€8,796 | -15.1% |
| Leasing and similar obligations | 172 | €58,426 | €49,630 | -€8,796 | -15.1% |
| Amounts payable within one year | 42/48 | €5,106,799 | €5,317,555 | +€210,757 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €135,767 | €52,700 | -€83,067 | -61.2% |
| Financial debts | 43 | €750,000 | €750,000 | = | 0.0% |
| Credit institutions | 430/8 | €750,000 | €750,000 | = | 0.0% |
| Trade debts | 44 | €2,726,566 | €3,114,622 | +€388,056 | +14.2% |
| Suppliers | 440/4 | €2,726,566 | €3,114,622 | +€388,056 | +14.2% |
| Advances received on contracts in progress | 46 | €281,790 | €430,240 | +€148,450 | +52.7% |
| Taxes, remuneration and social security | 45 | €368,977 | €383,799 | +€14,822 | +4.0% |
| Taxes | 450/3 | €19,878 | €21,719 | +€1,841 | +9.3% |
| Remuneration and social security | 454/9 | €349,099 | €362,080 | +€12,981 | +3.7% |
| Other amounts payable | 47/48 | €843,699 | €586,195 | -€257,504 | -30.5% |
| Accrued charges and deferred income | 492/3 | €2,711 | €1,607 | -€1,104 | -40.7% |
| Operating income | 70/76A | €16,480,992 | €15,918,549 | -€562,443 | -3.4% |
| Turnover | 70 | €16,103,079 | €15,439,759 | -€663,320 | -4.1% |
| Other operating income | 74 | €377,912 | €478,790 | +€100,877 | +26.7% |
| Operating charges | 60/66A | €15,807,829 | €15,712,758 | -€95,071 | -0.6% |
| Goods for resale, raw materials and consumables | 60 | €11,627,921 | €11,492,683 | -€135,238 | -1.2% |
| Purchases | 600/8 | €12,976,951 | €12,615,763 | -€361,188 | -2.8% |
| Change in stocks: decrease (increase) | 609 | -€1,349,030 | -€1,123,080 | +€225,950 | +16.7% |
| Services and other goods | 61 | €1,576,479 | €1,425,173 | -€151,306 | -9.6% |
| Remuneration, social security and pensions | 62 | €1,943,448 | €2,068,993 | +€125,544 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €647,303 | €697,461 | +€50,158 | +7.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€7,912 | -€25,911 | -€17,999 | -227.5% |
| Other operating charges | 640/8 | €20,590 | €54,360 | +€33,770 | +164.0% |
| Operating profit (loss) | 9901 | €673,163 | €205,791 | -€467,372 | -69.4% |
| Financial income | 75/76B | €1,924 | €64,349 | +€62,425 | +3244.8% |
| Recurring financial income | 75 | €1,924 | €64,349 | +€62,425 | +3244.8% |
| Income from financial fixed assets | 750 | €1,895 | €2,067 | +€172 | +9.1% |
| Other financial income | 752/9 | €29 | €62,282 | +€62,253 | +217820.6% |
| Financial charges | 65/66B | €20,827 | €37,582 | +€16,754 | +80.4% |
| Recurring financial charges | 65 | €20,827 | €37,582 | +€16,754 | +80.4% |
| Debt charges | 650 | €18,688 | €33,984 | +€15,296 | +81.9% |
| Other financial charges | 652/9 | €2,140 | €3,597 | +€1,458 | +68.1% |
| Profit (loss) for the period before taxes | 9903 | €654,259 | €232,558 | -€421,701 | -64.5% |
| Income taxes | 67/77 | €104,775 | €591 | -€104,184 | -99.4% |
| Taxes | 670/3 | €104,775 | €591 | -€104,184 | -99.4% |
| Profit (loss) for the period | 9904 | €549,484 | €231,967 | -€317,517 | -57.8% |
| Transfer to tax-exempt reserves | 689 | €299,165 | €356,204 | +€57,038 | +19.1% |
| Profit (loss) for the period to be appropriated | 9905 | €250,319 | -€124,236 | -€374,555 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.