ATROX: 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.
ATROX
Largest movements
- Cash -€82,594
down €82,594 (-43.1%), from €191,670 to €109,076
mainly Debts after one year (-€83,363) and Current portion of long-term debt (-€80,865)
- Tangible fixed assets -€61,309
down €61,309 (-5.2%), from €1.2m to €1.1m
of which Land and buildings: -€44,653
- Debts after one year -€83,363
down €83,363 (-8.3%), from €1.0m to €924,957
of which Financial debts: -€83,363
- Current portion of long-term debt -€80,865
down €80,865 (-45.7%), from €177,131 to €96,265
- Reserves +€53,220
up €53,220 (+21.5%), from €247,263 to €300,483
- Trade debts -€24,886
down €24,886 (-82.9%), from €30,007 to €5,120
- Accrued charges and deferred income -€16,413
no longer reported in 2025 (was €16,413)
- Staff costs +€45,627
up €45,627 (+18.7%), from €243,721 to €289,347
- Gross operating margin +€36,073
up €36,073 (+8.0%), from €450,204 to €486,277
- Taxes +€8,129
up €8,129 (+42.4%), from €19,152 to €27,281
- Depreciation -€7,346
down €7,346 (-10.2%), from €71,978 to €64,633
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 | €1,537,302 | €1,384,416 | -€152,885 | -9.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,187,068 | €1,125,759 | -€61,309 | -5.2% |
| Tangible fixed assets | 22/27 | €1,187,068 | €1,125,759 | -€61,309 | -5.2% |
| Land and buildings | 22 | €1,138,540 | €1,093,887 | -€44,653 | -3.9% |
| Plant, machinery and equipment | 23 | €152 | €1,447 | +€1,295 | +854.2% |
| Furniture and vehicles | 24 | €1,824 | €7,448 | +€5,624 | +308.3% |
| Leasing and similar rights | 25 | €46,553 | €22,978 | -€23,575 | -50.6% |
| Current assets | 29/58 | €350,233 | €258,657 | -€91,576 | -26.1% |
| Stocks and contracts in progress | 3 | €50,694 | €55,697 | +€5,003 | +9.9% |
| Stocks | 30/36 | €50,694 | €55,697 | +€5,003 | +9.9% |
| Amounts receivable within one year | 40/41 | €107,870 | €93,884 | -€13,985 | -13.0% |
| Trade receivables | 40 | €84,079 | €91,089 | +€7,010 | +8.3% |
| Other amounts receivable | 41 | €23,790 | €2,795 | -€20,995 | -88.3% |
| Cash at bank and in hand | 54/58 | €191,670 | €109,076 | -€82,594 | -43.1% |
| Total equity and liabilities | 10/49 | €1,537,302 | €1,384,416 | -€152,885 | -9.9% |
| Equity | 10/15 | €252,263 | €305,483 | +€53,220 | +21.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €247,263 | €300,483 | +€53,220 | +21.5% |
| Distributable reserves | 133 | €247,263 | €300,483 | +€53,220 | +21.5% |
| Amounts payable | 17/49 | €1,285,038 | €1,078,933 | -€206,105 | -16.0% |
| Amounts payable after more than one year | 17 | €1,008,320 | €924,957 | -€83,363 | -8.3% |
| Financial debts | 170/4 | €927,789 | €844,426 | -€83,363 | -9.0% |
| Other amounts payable | 178/9 | €80,531 | €80,531 | = | 0.0% |
| Amounts payable within one year | 42/48 | €260,305 | €153,976 | -€106,329 | -40.8% |
| Current portion of amounts payable after more than one year | 42 | €177,131 | €96,265 | -€80,865 | -45.7% |
| Trade debts | 44 | €30,007 | €5,120 | -€24,886 | -82.9% |
| Suppliers | 440/4 | €30,007 | €5,120 | -€24,886 | -82.9% |
| Taxes, remuneration and social security | 45 | €33,355 | €40,899 | +€7,544 | +22.6% |
| Taxes | 450/3 | €20,120 | €13,776 | -€6,344 | -31.5% |
| Remuneration and social security | 454/9 | €13,235 | €27,123 | +€13,889 | +104.9% |
| Other amounts payable | 47/48 | €19,812 | €11,691 | -€8,121 | -41.0% |
| Accrued charges and deferred income | 492/3 | €16,413 | - | -€16,413 | |
| Remuneration, social security and pensions | 62 | €243,721 | €289,347 | +€45,627 | +18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,978 | €64,633 | -€7,346 | -10.2% |
| Other operating charges | 640/8 | €14,721 | €15,604 | +€883 | +6.0% |
| Gross operating margin | 9900 | €450,204 | €486,277 | +€36,073 | +8.0% |
| Operating profit (loss) | 9901 | €119,784 | €116,694 | -€3,091 | -2.6% |
| Financial income | 75/76B | €7,825 | €12,249 | +€4,424 | +56.5% |
| Recurring financial income | 75 | €7,825 | €12,249 | +€4,424 | +56.5% |
| Financial charges | 65/66B | €50,459 | €48,441 | -€2,018 | -4.0% |
| Recurring financial charges | 65 | €50,459 | €48,441 | -€2,018 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | €77,150 | €80,501 | +€3,351 | +4.3% |
| Income taxes | 67/77 | €19,152 | €27,281 | +€8,129 | +42.4% |
| Profit (loss) for the period | 9904 | €57,998 | €53,220 | -€4,778 | -8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €57,998 | €53,220 | -€4,778 | -8.2% |
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 11 October 2026 via checked.be.