ATRAMA: 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.
ATRAMA
Largest movements
- Tangible fixed assets +€69,886
up €69,886 (+1,054%), from €6,630 to €76,517
- Cash -€31,802
down €31,802 (-33.5%), from €95,011 to €63,209
mainly Investment in fixed assets (net) (-€80,732) and Other debts (-€41,792)
- Receivables within one year +€19,186
up €19,186 (+66.0%), from €29,076 to €48,262
of which Trade receivables: +€13,656
- Reserves +€82,649
up €82,649 (+106%), from €77,884 to €160,533
of which Distributable reserves: +€82,649
- Other debts -€41,792
down €41,792 (-100%), from €41,792 to €0
- Tax, wage and social debts +€11,391
up €11,391 (+187%), from €6,078 to €17,469
- Short-term financial debts +€4,214
new in 2025: €4,214
- Gross operating margin +€81,961
up €81,961 (+182%), from €44,987 to €126,948
- Taxes +€19,859
up €19,859 (+160%), from €12,379 to €32,238
- Depreciation +€8,360
up €8,360 (+336%), from €2,486 to €10,845
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 | €133,398 | €190,869 | +€57,470 | +43.1% |
| Fixed assets | 21/28 | €6,630 | €76,517 | +€69,886 | +1,054% |
| Tangible fixed assets | 22/27 | €6,630 | €76,517 | +€69,886 | +1,054% |
| Furniture and vehicles | 24 | €6,630 | €76,517 | +€69,886 | +1,054% |
| Current assets | 29/58 | €126,768 | €114,352 | -€12,416 | -9.8% |
| Amounts receivable within one year | 40/41 | €29,076 | €48,262 | +€19,186 | +66.0% |
| Trade receivables | 40 | €29,076 | €42,732 | +€13,656 | +47.0% |
| Other amounts receivable | 41 | - | €5,530 | +€5,530 | |
| Cash at bank and in hand | 54/58 | €95,011 | €63,209 | -€31,802 | -33.5% |
| Deferred charges and accrued income | 490/1 | €2,681 | €2,881 | +€200 | +7.4% |
| Total equity and liabilities | 10/49 | €133,398 | €190,869 | +€57,470 | +43.1% |
| Equity | 10/15 | €84,084 | €166,733 | +€82,649 | +98.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €77,884 | €160,533 | +€82,649 | +106% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €76,024 | €158,673 | +€82,649 | +109% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €49,315 | €24,136 | -€25,179 | -51.1% |
| Amounts payable within one year | 42/48 | €49,315 | €24,136 | -€25,179 | -51.1% |
| Financial debts | 43 | - | €4,214 | +€4,214 | |
| Other loans | 439 | - | €4,214 | +€4,214 | |
| Trade debts | 44 | €1,445 | €2,453 | +€1,009 | +69.8% |
| Suppliers | 440/4 | €1,445 | €2,453 | +€1,009 | +69.8% |
| Taxes, remuneration and social security | 45 | €6,078 | €17,469 | +€11,391 | +187% |
| Taxes | 450/3 | €6,078 | €17,469 | +€11,391 | +187% |
| Other amounts payable | 47/48 | €41,792 | €0 | -€41,792 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €14,049 | +€14,049 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,486 | €10,845 | +€8,360 | +336% |
| Other operating charges | 640/8 | €387 | €408 | +€21 | +5.4% |
| Non-recurring operating charges | 66A | - | €483 | +€483 | |
| Gross operating margin | 9900 | €44,987 | €126,948 | +€81,961 | +182% |
| Operating profit (loss) | 9901 | €42,115 | €115,212 | +€73,097 | +174% |
| Financial income | 75/76B | €5 | €0 | -€5 | -99.5% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -99.5% |
| Financial charges | 65/66B | €57 | €324 | +€268 | +473% |
| Recurring financial charges | 65 | €57 | €324 | +€268 | +473% |
| Profit (loss) for the period before taxes | 9903 | €42,063 | €114,887 | +€72,824 | +173% |
| Income taxes | 67/77 | €12,379 | €32,238 | +€19,859 | +160% |
| Profit (loss) for the period | 9904 | €29,684 | €82,649 | +€52,965 | +178% |
| Profit (loss) for the period to be appropriated | 9905 | €29,684 | €82,649 | +€52,965 | +178% |
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 18 October 2026 via checked.be.