Atropos: 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.
Atropos
Largest movements
- Tangible fixed assets +€104,884
up €104,884 (+159.1%), from €65,926 to €170,810
of which Land and buildings: +€113,710
- Receivables within one year -€6,904
down €6,904 (-36.3%), from €19,004 to €12,100
of which Trade receivables: -€5,844
- Stocks and contracts -€5,497
down €5,497 (-83.4%), from €6,592 to €1,095
- Deferred charges and accrued income +€4,500
new in 2025: €4,500
- Debts after one year +€74,480
up €74,480 (+141.6%), from €52,602 to €127,082
- Reserves +€11,761
up €11,761 (+35.5%), from €33,091 to €44,852
- Current portion of long-term debt +€7,847
up €7,847 (+79.9%), from €9,815 to €17,661
- Trade debts +€5,368
up €5,368 (+97.6%), from €5,500 to €10,868
- Depreciation +€5,859
up €5,859 (+48.1%), from €12,178 to €18,036
- Gross operating margin +€3,892
up €3,892 (+11.9%), from €32,675 to €36,567
- Financial charges +€2,103
up €2,103 (+71.6%), from €2,938 to €5,041
- Taxes -€2,056
down €2,056 (-51.8%), from €3,970 to €1,914
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 | €118,432 | €216,848 | +€98,416 | +83.1% |
| Fixed assets | 21/28 | €65,926 | €170,810 | +€104,884 | +159.1% |
| Tangible fixed assets | 22/27 | €65,926 | €170,810 | +€104,884 | +159.1% |
| Land and buildings | 22 | €21,284 | €134,994 | +€113,710 | +534.3% |
| Plant, machinery and equipment | 23 | €631 | €3,286 | +€2,655 | +421.0% |
| Furniture and vehicles | 24 | €44,011 | €32,530 | -€11,481 | -26.1% |
| Current assets | 29/58 | €52,506 | €46,038 | -€6,468 | -12.3% |
| Stocks and contracts in progress | 3 | €6,592 | €1,095 | -€5,497 | -83.4% |
| Stocks | 30/36 | €6,592 | €1,095 | -€5,497 | -83.4% |
| Amounts receivable within one year | 40/41 | €19,004 | €12,100 | -€6,904 | -36.3% |
| Trade receivables | 40 | €17,944 | €12,100 | -€5,844 | -32.6% |
| Other amounts receivable | 41 | €1,060 | - | -€1,060 | |
| Cash at bank and in hand | 54/58 | €26,910 | €28,343 | +€1,433 | +5.3% |
| Deferred charges and accrued income | 490/1 | - | €4,500 | +€4,500 | |
| Total equity and liabilities | 10/49 | €118,432 | €216,848 | +€98,416 | +83.1% |
| Equity | 10/15 | €35,591 | €47,352 | +€11,761 | +33.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €33,091 | €44,852 | +€11,761 | +35.5% |
| Distributable reserves | 133 | €33,091 | €44,852 | +€11,761 | +35.5% |
| Amounts payable | 17/49 | €82,841 | €169,496 | +€86,655 | +104.6% |
| Amounts payable after more than one year | 17 | €52,602 | €127,082 | +€74,480 | +141.6% |
| Financial debts | 170/4 | €52,602 | €127,082 | +€74,480 | +141.6% |
| Amounts payable within one year | 42/48 | €30,079 | €42,414 | +€12,335 | +41.0% |
| Current portion of amounts payable after more than one year | 42 | €9,815 | €17,661 | +€7,847 | +79.9% |
| Trade debts | 44 | €5,500 | €10,868 | +€5,368 | +97.6% |
| Suppliers | 440/4 | €5,500 | €10,868 | +€5,368 | +97.6% |
| Taxes, remuneration and social security | 45 | €7,377 | €7,080 | -€297 | -4.0% |
| Taxes | 450/3 | €7,377 | €7,080 | -€297 | -4.0% |
| Other amounts payable | 47/48 | €7,387 | €6,804 | -€582 | -7.9% |
| Accrued charges and deferred income | 492/3 | €160 | - | -€160 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,178 | €18,036 | +€5,859 | +48.1% |
| Other operating charges | 640/8 | €493 | €151 | -€342 | -69.4% |
| Gross operating margin | 9900 | €32,675 | €36,567 | +€3,892 | +11.9% |
| Operating profit (loss) | 9901 | €20,004 | €18,380 | -€1,624 | -8.1% |
| Financial income | 75/76B | €129 | €335 | +€206 | +160.4% |
| Recurring financial income | 75 | €129 | €335 | +€206 | +160.4% |
| Financial charges | 65/66B | €2,938 | €5,041 | +€2,103 | +71.6% |
| Recurring financial charges | 65 | €2,938 | €5,041 | +€2,103 | +71.6% |
| Profit (loss) for the period before taxes | 9903 | €17,195 | €13,674 | -€3,521 | -20.5% |
| Income taxes | 67/77 | €3,970 | €1,914 | -€2,056 | -51.8% |
| Profit (loss) for the period | 9904 | €13,225 | €11,761 | -€1,465 | -11.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,225 | €11,761 | -€1,465 | -11.1% |
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 7 October 2026 via checked.be.