ATS.1: 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.
ATS.1
Largest movements
- Tangible fixed assets -€20,212
down €20,212 (-45.7%), from €44,273 to €24,061
- Receivables within one year -€14,669
down €14,669 (-67.3%), from €21,797 to €7,128
of which Other amounts receivable: -€12,958
- Cash -€12,567
down €12,567 (-7.4%), from €170,027 to €157,460
mainly Contributions, distributions and other (-€44,500) and Trade debts (-€3,840)
- Reserves -€43,125
down €43,125 (-19.0%), from €226,599 to €183,474
of which Distributable reserves: -€43,125
- Trade debts -€3,840
down €3,840 (-94.7%), from €4,056 to €216
- Gross operating margin +€30,173
up €30,173, from -€8,006 to €22,166
- Depreciation -€1,714
down €1,714 (-7.8%), from €21,925 to €20,212
- Other operating charges -€1,693
down €1,693 (-61.4%), from €2,756 to €1,063
- Financial charges +€322
up €322 (+448.3%), from €72 to €394
- Financial income +€224
up €224 (+34.4%), from €652 to €877
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 | €238,121 | €189,901 | -€48,221 | -20.3% |
| Fixed assets | 21/28 | €44,354 | €24,142 | -€20,212 | -45.6% |
| Tangible fixed assets | 22/27 | €44,273 | €24,061 | -€20,212 | -45.7% |
| Furniture and vehicles | 24 | €44,273 | €24,061 | -€20,212 | -45.7% |
| Financial fixed assets | 28 | €81 | €81 | = | 0.0% |
| Current assets | 29/58 | €193,768 | €165,759 | -€28,009 | -14.5% |
| Amounts receivable within one year | 40/41 | €21,797 | €7,128 | -€14,669 | -67.3% |
| Trade receivables | 40 | €6,795 | €5,084 | -€1,711 | -25.2% |
| Other amounts receivable | 41 | €15,002 | €2,044 | -€12,958 | -86.4% |
| Cash at bank and in hand | 54/58 | €170,027 | €157,460 | -€12,567 | -7.4% |
| Deferred charges and accrued income | 490/1 | €1,943 | €1,170 | -€773 | -39.8% |
| Total equity and liabilities | 10/49 | €238,121 | €189,901 | -€48,221 | -20.3% |
| Equity | 10/15 | €232,799 | €189,674 | -€43,125 | -18.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €226,599 | €183,474 | -€43,125 | -19.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €224,739 | €181,614 | -€43,125 | -19.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €5,322 | €227 | -€5,095 | -95.7% |
| Amounts payable within one year | 42/48 | €5,322 | €227 | -€5,095 | -95.7% |
| Trade debts | 44 | €4,056 | €216 | -€3,840 | -94.7% |
| Suppliers | 440/4 | €4,056 | €216 | -€3,840 | -94.7% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,267 | €11 | -€1,255 | -99.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,925 | €20,212 | -€1,714 | -7.8% |
| Other operating charges | 640/8 | €2,756 | €1,063 | -€1,693 | -61.4% |
| Gross operating margin | 9900 | -€8,006 | €22,166 | +€30,173 | |
| Operating profit (loss) | 9901 | -€32,688 | €892 | +€33,580 | |
| Financial income | 75/76B | €652 | €877 | +€224 | +34.4% |
| Recurring financial income | 75 | €652 | €877 | +€224 | +34.4% |
| Financial charges | 65/66B | €72 | €394 | +€322 | +448.3% |
| Recurring financial charges | 65 | €72 | €394 | +€322 | +448.3% |
| Profit (loss) for the period before taxes | 9903 | -€32,108 | €1,375 | +€33,482 | |
| Income taxes | 67/77 | €198 | €0 | -€198 | -100.0% |
| Profit (loss) for the period | 9904 | -€32,306 | €1,375 | +€33,680 | |
| Profit (loss) for the period to be appropriated | 9905 | -€32,306 | €1,375 | +€33,680 |
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.