ATRECO: 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.
ATRECO
Largest movements
- Tangible fixed assets -€7,626
down €7,626 (-44.9%), from €16,982 to €9,356
- Cash +€4,034
up €4,034 (+130%), from €3,104 to €7,138
mainly Net result for the year (+€16,916) and Depreciation (+€7,626)
- Deferred charges and accrued income +€3,217
up €3,217 (+126%), from €2,550 to €5,767
- Receivables within one year +€1,446
up €1,446 (+9.4%), from €15,445 to €16,891
of which Trade receivables: +€2,514
- Profit (loss) carried forward +€16,916
up €16,916 (+37.7%), from -€44,919 to -€28,003
- Tax, wage and social debts -€5,024
down €5,024 (-43.4%), from €11,566 to €6,542
of which Taxes: -€4,425
- Debts after one year -€4,766
down €4,766 (-42.1%), from €11,324 to €6,557
- Other debts -€4,573
down €4,573 (-10.9%), from €42,029 to €37,456
- Trade debts -€787
down €787 (-16.2%), from €4,847 to €4,059
- Gross operating margin +€46,941
up €46,941, from -€5,924 to €41,017
- Other operating charges +€9,031
up €9,031 (+259%), from €3,491 to €12,522
- Write-downs -€4,786
down €4,786, from €4,707 to -€79
- Taxes +€1,169
up €1,169 (+469%), from €249 to €1,418
- Financial charges -€562
down €562 (-17.7%), from €3,176 to €2,614
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 | €38,580 | €39,652 | +€1,072 | +2.8% |
| Fixed assets | 21/28 | €17,482 | €9,856 | -€7,626 | -43.6% |
| Tangible fixed assets | 22/27 | €16,982 | €9,356 | -€7,626 | -44.9% |
| Plant, machinery and equipment | 23 | €3,830 | €1,297 | -€2,533 | -66.1% |
| Furniture and vehicles | 24 | €1,827 | €0 | -€1,827 | -100.0% |
| Leasing and similar rights | 25 | €11,325 | €8,059 | -€3,266 | -28.8% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €21,098 | €29,796 | +€8,698 | +41.2% |
| Amounts receivable within one year | 40/41 | €15,445 | €16,891 | +€1,446 | +9.4% |
| Trade receivables | 40 | €14,312 | €16,827 | +€2,514 | +17.6% |
| Other amounts receivable | 41 | €1,132 | €64 | -€1,068 | -94.3% |
| Cash at bank and in hand | 54/58 | €3,104 | €7,138 | +€4,034 | +130% |
| Deferred charges and accrued income | 490/1 | €2,550 | €5,767 | +€3,217 | +126% |
| Total equity and liabilities | 10/49 | €38,580 | €39,652 | +€1,072 | +2.8% |
| Equity | 10/15 | -€36,859 | -€19,943 | +€16,916 | +45.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,919 | -€28,003 | +€16,916 | +37.7% |
| Amounts payable | 17/49 | €75,440 | €59,595 | -€15,845 | -21.0% |
| Amounts payable after more than one year | 17 | €11,324 | €6,557 | -€4,766 | -42.1% |
| Financial debts | 170/4 | €11,324 | €6,557 | -€4,766 | -42.1% |
| Amounts payable within one year | 42/48 | €64,116 | €53,038 | -€11,079 | -17.3% |
| Current portion of amounts payable after more than one year | 42 | €5,675 | €4,981 | -€694 | -12.2% |
| Trade debts | 44 | €4,847 | €4,059 | -€787 | -16.2% |
| Suppliers | 440/4 | €4,847 | €4,059 | -€787 | -16.2% |
| Taxes, remuneration and social security | 45 | €11,566 | €6,542 | -€5,024 | -43.4% |
| Taxes | 450/3 | €10,966 | €6,542 | -€4,425 | -40.3% |
| Remuneration and social security | 454/9 | €600 | €1 | -€599 | -99.9% |
| Other amounts payable | 47/48 | €42,029 | €37,456 | -€4,573 | -10.9% |
| Non-recurring operating income | 76A | - | €8,264 | +€8,264 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,892 | €7,626 | -€266 | -3.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,707 | -€79 | -€4,786 | |
| Other operating charges | 640/8 | €3,491 | €12,522 | +€9,031 | +259% |
| Non-recurring operating charges | 66A | €1,740 | - | -€1,740 | |
| Gross operating margin | 9900 | -€5,924 | €41,017 | +€46,941 | |
| Operating profit (loss) | 9901 | -€23,755 | €20,948 | +€44,702 | |
| Financial income | 75/76B | €0 | €1 | +€1 | +4,700% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +4,700% |
| Financial charges | 65/66B | €3,176 | €2,614 | -€562 | -17.7% |
| Recurring financial charges | 65 | €3,176 | €2,614 | -€562 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | -€26,931 | €18,335 | +€45,266 | |
| Income taxes | 67/77 | €249 | €1,418 | +€1,169 | +469% |
| Profit (loss) for the period | 9904 | -€27,180 | €16,916 | +€44,097 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,180 | €16,916 | +€44,097 |
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.