Atrenko: what changed
Two fiscal 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.
Atrenko
Largest movements
- Cash -€22,623
down €22,623 (-13.5%), from €167,810 to €145,187
mainly Contributions, distributions and other (-€97,426) and Receivables within one year (-€10,793)
- Receivables within one year +€10,793
up €10,793 (+64.4%), from €16,773 to €27,566
of which Other amounts receivable: +€10,343
- Current investments +€8,232
up €8,232 (+5.9%), from €140,041 to €148,273
- Reserves -€6,750
down €6,750 (-2.1%), from €314,879 to €308,129
- Financial income +€26,357
up €26,357 (+1089.1%), from €2,420 to €28,777
- Taxes +€1,937
up €1,937 (+7.4%), from €26,166 to €28,104
- Financial charges +€1,799
up €1,799 (+1271.4%), from €141 to €1,940
of which Non-recurring financial charges: +€1,864
- Depreciation -€1,391
down €1,391 (-37.3%), from €3,728 to €2,336
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €329,898 | €323,464 | -€6,433 | -2.0% |
| Fixed assets | 21/28 | €5,274 | €1,988 | -€3,286 | -62.3% |
| Tangible fixed assets | 22/27 | €5,274 | €1,988 | -€3,286 | -62.3% |
| Plant, machinery and equipment | 23 | €2,188 | €1,052 | -€1,136 | -51.9% |
| Furniture and vehicles | 24 | €556 | €936 | +€380 | +68.5% |
| Other tangible fixed assets | 26 | €2,531 | - | -€2,531 | |
| Current assets | 29/58 | €324,623 | €321,476 | -€3,147 | -1.0% |
| Amounts receivable within one year | 40/41 | €16,773 | €27,566 | +€10,793 | +64.4% |
| Trade receivables | 40 | €14,420 | €14,871 | +€451 | +3.1% |
| Other amounts receivable | 41 | €2,352 | €12,695 | +€10,343 | +439.7% |
| Current investments | 50/53 | €140,041 | €148,273 | +€8,232 | +5.9% |
| Cash at bank and in hand | 54/58 | €167,810 | €145,187 | -€22,623 | -13.5% |
| Deferred charges and accrued income | 490/1 | - | €451 | +€451 | |
| Total equity and liabilities | 10/49 | €329,898 | €323,464 | -€6,433 | -2.0% |
| Equity | 10/15 | €314,979 | €308,229 | -€6,750 | -2.1% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €314,879 | €308,129 | -€6,750 | -2.1% |
| Distributable reserves | 133 | €314,879 | €308,129 | -€6,750 | -2.1% |
| Amounts payable | 17/49 | €14,918 | €15,235 | +€316 | +2.1% |
| Amounts payable within one year | 42/48 | €14,918 | €15,060 | +€141 | +0.9% |
| Trade debts | 44 | €577 | €997 | +€420 | +72.8% |
| Suppliers | 440/4 | €577 | €997 | +€420 | +72.8% |
| Taxes, remuneration and social security | 45 | €10,233 | €9,379 | -€855 | -8.4% |
| Taxes | 450/3 | €10,233 | €9,379 | -€855 | -8.4% |
| Other amounts payable | 47/48 | €4,108 | €4,685 | +€576 | +14.0% |
| Accrued charges and deferred income | 492/3 | - | €175 | +€175 | |
| Remuneration, social security and pensions | 62 | €1,760 | €2,010 | +€250 | +14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,728 | €2,336 | -€1,391 | -37.3% |
| Other operating charges | 640/8 | €551 | €520 | -€32 | -5.7% |
| Non-recurring operating charges | 66A | - | €2,531 | +€2,531 | |
| Gross operating margin | 9900 | €99,632 | €99,339 | -€293 | -0.3% |
| Operating profit (loss) | 9901 | €93,593 | €91,943 | -€1,650 | -1.8% |
| Financial income | 75/76B | €2,420 | €28,777 | +€26,357 | +1089.1% |
| Recurring financial income | 75 | €2,420 | €28,777 | +€26,357 | +1089.1% |
| Financial charges | 65/66B | €141 | €1,940 | +€1,799 | +1271.4% |
| Recurring financial charges | 65 | €141 | €76 | -€66 | -46.3% |
| Non-recurring financial charges | 66B | - | €1,864 | +€1,864 | |
| Profit (loss) for the period before taxes | 9903 | €95,871 | €118,779 | +€22,908 | +23.9% |
| Income taxes | 67/77 | €26,166 | €28,104 | +€1,937 | +7.4% |
| Profit (loss) for the period | 9904 | €69,705 | €90,676 | +€20,970 | +30.1% |
| Profit (loss) for the period to be appropriated | 9905 | €69,705 | €90,676 | +€20,970 | +30.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.