ATS Advisory: 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 Advisory
Largest movements
- Receivables within one year +€36,437
up €36,437 (+152%), from €24,019 to €60,456
of which Trade receivables: +€41,669
- Cash -€9,160
down €9,160 (-35.3%), from €25,937 to €16,776
mainly Receivables within one year (-€36,437) and Deferred charges and accrued income (-€783)
- Reserves +€8,745
up €8,745 (+75.4%), from €11,595 to €20,340
- Tax, wage and social debts +€8,157
up €8,157 (+50.4%), from €16,174 to €24,331
of which Remuneration and social security: +€7,432
- Trade debts +€6,585
up €6,585 (+465%), from €1,416 to €8,001
- Other debts +€3,582
up €3,582 (+410%), from €874 to €4,457
- Accrued charges and deferred income +€1,000
new in 2025: €1,000
- Staff costs +€40,975
up €40,975 (+43.8%), from €93,507 to €134,482
- Gross operating margin +€34,527
up €34,527 (+29.2%), from €118,114 to €152,642
- Financial charges +€2,084
up €2,084 (+105%), from €1,982 to €4,065
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 | €52,316 | €80,376 | +€28,060 | +53.6% |
| Fixed assets | 21/28 | €2,360 | €2,360 | = | 0.0% |
| Financial fixed assets | 28 | €2,360 | €2,360 | = | 0.0% |
| Current assets | 29/58 | €49,956 | €78,016 | +€28,060 | +56.2% |
| Amounts receivable within one year | 40/41 | €24,019 | €60,456 | +€36,437 | +152% |
| Trade receivables | 40 | €17,150 | €58,819 | +€41,669 | +243% |
| Other amounts receivable | 41 | €6,869 | €1,638 | -€5,232 | -76.2% |
| Cash at bank and in hand | 54/58 | €25,937 | €16,776 | -€9,160 | -35.3% |
| Deferred charges and accrued income | 490/1 | - | €783 | +€783 | |
| Total equity and liabilities | 10/49 | €52,316 | €80,376 | +€28,060 | +53.6% |
| Equity | 10/15 | €33,843 | €42,588 | +€8,745 | +25.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €11,595 | €20,340 | +€8,745 | +75.4% |
| Distributable reserves | 133 | €11,595 | €20,340 | +€8,745 | +75.4% |
| Profit (loss) carried forward | 14 | €17,248 | €17,248 | = | 0.0% |
| Amounts payable | 17/49 | €18,473 | €37,788 | +€19,315 | +105% |
| Amounts payable within one year | 42/48 | €18,473 | €36,788 | +€18,315 | +99.1% |
| Financial debts | 43 | €9 | - | -€9 | |
| Credit institutions | 430/8 | €9 | - | -€9 | |
| Trade debts | 44 | €1,416 | €8,001 | +€6,585 | +465% |
| Suppliers | 440/4 | €1,416 | €8,001 | +€6,585 | +465% |
| Taxes, remuneration and social security | 45 | €16,174 | €24,331 | +€8,157 | +50.4% |
| Taxes | 450/3 | €9,901 | €10,625 | +€724 | +7.3% |
| Remuneration and social security | 454/9 | €6,273 | €13,705 | +€7,432 | +118% |
| Other amounts payable | 47/48 | €874 | €4,457 | +€3,582 | +410% |
| Accrued charges and deferred income | 492/3 | - | €1,000 | +€1,000 | |
| Remuneration, social security and pensions | 62 | €93,507 | €134,482 | +€40,975 | +43.8% |
| Other operating charges | 640/8 | €41 | €400 | +€359 | +871% |
| Gross operating margin | 9900 | €118,114 | €152,642 | +€34,527 | +29.2% |
| Operating profit (loss) | 9901 | €24,566 | €17,760 | -€6,806 | -27.7% |
| Financial income | 75/76B | - | €340 | +€340 | |
| Recurring financial income | 75 | - | €340 | +€340 | |
| Financial charges | 65/66B | €1,982 | €4,065 | +€2,084 | +105% |
| Recurring financial charges | 65 | €1,982 | €4,065 | +€2,084 | +105% |
| Profit (loss) for the period before taxes | 9903 | €22,584 | €14,034 | -€8,550 | -37.9% |
| Income taxes | 67/77 | €5,336 | €5,289 | -€47 | -0.9% |
| Profit (loss) for the period | 9904 | €17,248 | €8,745 | -€8,503 | -49.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,248 | €8,745 | -€8,503 | -49.3% |
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 19 October 2026 via checked.be.