Atreus Ventures: 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.
Atreus Ventures
Largest movements
- Receivables within one year -€69,302
down €69,302 (-88.4%), from €78,364 to €9,062
of which Other amounts receivable: -€69,987
- Cash -€16,736
down €16,736 (-55.8%), from €29,972 to €13,236
mainly Debts after one year (-€88,500) and Net result for the year (-€22,570)
- Debts after one year -€88,500
down €88,500 (-73.8%), from €120,000 to €31,500
- Profit (loss) carried forward -€22,570
down €22,570 (-68.0%), from -€33,215 to -€55,784
- Other debts +€20,027
up €20,027 (+1,311%), from €1,527 to €21,554
- Accrued charges and deferred income +€5,511
new in 2025: €5,511
- Gross operating margin +€17,727
up €17,727 (+52.0%), from -€34,116 to -€16,389
- Financial charges +€5,429
up €5,429 (+1,490%), from €364 to €5,793
- Financial income -€2,644
down €2,644 (-100%), from €2,644 to €0
- Depreciation -€1,328
down €1,328 (-100%), from €1,328 to €0
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 | €108,335 | €22,298 | -€86,038 | -79.4% |
| Current assets | 29/58 | €108,335 | €22,298 | -€86,038 | -79.4% |
| Amounts receivable within one year | 40/41 | €78,364 | €9,062 | -€69,302 | -88.4% |
| Trade receivables | 40 | €2,644 | €3,329 | +€685 | +25.9% |
| Other amounts receivable | 41 | €75,720 | €5,732 | -€69,987 | -92.4% |
| Cash at bank and in hand | 54/58 | €29,972 | €13,236 | -€16,736 | -55.8% |
| Total equity and liabilities | 10/49 | €108,335 | €22,298 | -€86,038 | -79.4% |
| Equity | 10/15 | -€18,215 | -€40,784 | -€22,570 | -124% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,215 | -€55,784 | -€22,570 | -68.0% |
| Amounts payable | 17/49 | €126,550 | €63,082 | -€63,468 | -50.2% |
| Amounts payable after more than one year | 17 | €120,000 | €31,500 | -€88,500 | -73.8% |
| Financial debts | 170/4 | €120,000 | €31,500 | -€88,500 | -73.8% |
| Amounts payable within one year | 42/48 | €6,550 | €26,071 | +€19,521 | +298% |
| Trade debts | 44 | €5,023 | €4,517 | -€506 | -10.1% |
| Suppliers | 440/4 | €5,023 | €4,517 | -€506 | -10.1% |
| Other amounts payable | 47/48 | €1,527 | €21,554 | +€20,027 | +1,311% |
| Accrued charges and deferred income | 492/3 | - | €5,511 | +€5,511 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,328 | €0 | -€1,328 | -100% |
| Other operating charges | 640/8 | €50 | €387 | +€337 | +675% |
| Gross operating margin | 9900 | -€34,116 | -€16,389 | +€17,727 | +52.0% |
| Operating profit (loss) | 9901 | -€35,494 | -€16,776 | +€18,718 | +52.7% |
| Financial income | 75/76B | €2,644 | €0 | -€2,644 | -100% |
| Recurring financial income | 75 | €2,644 | €0 | -€2,644 | -100% |
| Financial charges | 65/66B | €364 | €5,793 | +€5,429 | +1,490% |
| Recurring financial charges | 65 | €364 | €5,793 | +€5,429 | +1,490% |
| Profit (loss) for the period before taxes | 9903 | -€33,215 | -€22,570 | +€10,645 | +32.0% |
| Profit (loss) for the period | 9904 | -€33,215 | -€22,570 | +€10,645 | +32.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,215 | -€22,570 | +€10,645 | +32.0% |
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 20 October 2026 via checked.be.