ATRASOL: 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.
ATRASOL
Largest movements
- Receivables within one year +€25,832
up €25,832 (+31.5%), from €81,992 to €107,824
of which Trade receivables: +€29,583
- Cash -€16,049
down €16,049 (-5.8%), from €278,413 to €262,363
mainly Receivables within one year (-€25,832) and Net result for the year (-€24,739)
- Advances received +€24,990
new in 2025: €24,990
- Profit (loss) carried forward -€24,739
down €24,739 (-25.1%), from €98,523 to €73,784
- Other debts +€8,129
up €8,129 (+4.7%), from €171,928 to €180,056
- Trade debts -€7,645
down €7,645 (-68.8%), from €11,116 to €3,471
- Gross operating margin -€54,738
down €54,738, from €34,272 to -€20,466
- Staff costs -€19,564
down €19,564 (-91.7%), from €21,343 to €1,779
- Taxes -€3,063
down €3,063 (-90.8%), from €3,373 to €310
- Financial income +€1,721
up €1,721 (+219%), from €787 to €2,508
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 | €548,974 | €550,687 | +€1,712 | +0.3% |
| Fixed assets | 21/28 | €20,968 | €17,609 | -€3,358 | -16.0% |
| Tangible fixed assets | 22/27 | €15,658 | €12,299 | -€3,358 | -21.4% |
| Furniture and vehicles | 24 | €566 | €212 | -€354 | -62.6% |
| Other tangible fixed assets | 26 | €15,091 | €12,087 | -€3,004 | -19.9% |
| Financial fixed assets | 28 | €5,310 | €5,310 | = | 0.0% |
| Current assets | 29/58 | €528,007 | €533,078 | +€5,071 | +1.0% |
| Amounts receivable within one year | 40/41 | €81,992 | €107,824 | +€25,832 | +31.5% |
| Trade receivables | 40 | €71,018 | €100,601 | +€29,583 | +41.7% |
| Other amounts receivable | 41 | €10,975 | €7,223 | -€3,752 | -34.2% |
| Current investments | 50/53 | €160,289 | €160,289 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €278,413 | €262,363 | -€16,049 | -5.8% |
| Deferred charges and accrued income | 490/1 | €7,313 | €2,601 | -€4,711 | -64.4% |
| Total equity and liabilities | 10/49 | €548,974 | €550,687 | +€1,712 | +0.3% |
| Equity | 10/15 | €361,041 | €336,302 | -€24,739 | -6.9% |
| Contributions | 10/11 | €23,064 | €23,064 | = | 0.0% |
| Reserves | 13 | €239,453 | €239,453 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,306 | €2,306 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,306 | €2,306 | = | 0.0% |
| Distributable reserves | 133 | €237,147 | €237,147 | = | 0.0% |
| Profit (loss) carried forward | 14 | €98,523 | €73,784 | -€24,739 | -25.1% |
| Amounts payable | 17/49 | €187,934 | €214,385 | +€26,451 | +14.1% |
| Amounts payable within one year | 42/48 | €186,674 | €214,385 | +€27,711 | +14.8% |
| Trade debts | 44 | €11,116 | €3,471 | -€7,645 | -68.8% |
| Suppliers | 440/4 | €11,116 | €3,471 | -€7,645 | -68.8% |
| Advances received on contracts in progress | 46 | - | €24,990 | +€24,990 | |
| Taxes, remuneration and social security | 45 | €3,630 | €5,868 | +€2,238 | +61.6% |
| Taxes | 450/3 | €3,630 | €5,868 | +€2,238 | +61.6% |
| Other amounts payable | 47/48 | €171,928 | €180,056 | +€8,129 | +4.7% |
| Accrued charges and deferred income | 492/3 | €1,260 | - | -€1,260 | |
| Remuneration, social security and pensions | 62 | €21,343 | €1,779 | -€19,564 | -91.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,646 | €3,358 | -€287 | -7.9% |
| Other operating charges | 640/8 | €1,325 | €1,223 | -€102 | -7.7% |
| Gross operating margin | 9900 | €34,272 | -€20,466 | -€54,738 | |
| Operating profit (loss) | 9901 | €7,959 | -€26,826 | -€34,785 | |
| Financial income | 75/76B | €787 | €2,508 | +€1,721 | +219% |
| Recurring financial income | 75 | €787 | €2,508 | +€1,721 | +219% |
| Financial charges | 65/66B | €225 | €110 | -€115 | -51.2% |
| Recurring financial charges | 65 | €225 | €110 | -€115 | -51.2% |
| Profit (loss) for the period before taxes | 9903 | €8,520 | -€24,429 | -€32,949 | |
| Income taxes | 67/77 | €3,373 | €310 | -€3,063 | -90.8% |
| Profit (loss) for the period | 9904 | €5,147 | -€24,739 | -€29,886 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,147 | -€24,739 | -€29,886 |
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 28 October 2026 via checked.be.