ATS MANAGEMENT: 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 MANAGEMENT
Largest movements
- Receivables within one year -€9,612
down €9,612 (-89.8%), from €10,707 to €1,094
of which Trade receivables: -€9,619
- Tangible fixed assets +€6,615
new in 2025: €6,615
- Deferred charges and accrued income +€2,024
new in 2025: €2,024
- Cash +€1,368
up €1,368 (+179.2%), from €764 to €2,132
mainly Receivables within one year (+€9,612) and Tax, wage and social debts (+€4,381)
- Profit (loss) carried forward -€10,067
down €10,067, from €297 to -€9,770
- Tax, wage and social debts +€4,381
up €4,381 (+99.6%), from €4,400 to €8,781
of which Taxes: +€2,621
- Other debts +€4,001
up €4,001 (+840.3%), from €476 to €4,477
- Current portion of long-term debt +€2,000
new in 2025: €2,000
- Gross operating margin -€9,253
down €9,253, from €1,267 to -€7,986
- Financial charges +€1,068
up €1,068 (+1197.4%), from €89 to €1,158
- Depreciation +€791
new in 2025: €791
- Other operating charges -€387
no longer reported in 2025 (was €387)
- Taxes -€362
down €362 (-73.3%), from €494 to €132
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 | €11,470 | €11,865 | +€395 | +3.4% |
| Fixed assets | 21/28 | - | €6,615 | +€6,615 | |
| Tangible fixed assets | 22/27 | - | €6,615 | +€6,615 | |
| Furniture and vehicles | 24 | - | €6,615 | +€6,615 | |
| Current assets | 29/58 | €11,470 | €5,250 | -€6,220 | -54.2% |
| Amounts receivable within one year | 40/41 | €10,707 | €1,094 | -€9,612 | -89.8% |
| Trade receivables | 40 | €10,707 | €1,088 | -€9,619 | -89.8% |
| Other amounts receivable | 41 | €0 | €6 | +€6 | +31200.0% |
| Cash at bank and in hand | 54/58 | €764 | €2,132 | +€1,368 | +179.2% |
| Deferred charges and accrued income | 490/1 | - | €2,024 | +€2,024 | |
| Total equity and liabilities | 10/49 | €11,470 | €11,865 | +€395 | +3.4% |
| Equity | 10/15 | €3,297 | -€6,770 | -€10,067 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €297 | -€9,770 | -€10,067 | |
| Amounts payable | 17/49 | €8,174 | €18,635 | +€10,462 | +128.0% |
| Amounts payable within one year | 42/48 | €8,174 | €18,635 | +€10,462 | +128.0% |
| Current portion of amounts payable after more than one year | 42 | - | €2,000 | +€2,000 | |
| Trade debts | 44 | €3,297 | €3,377 | +€80 | +2.4% |
| Suppliers | 440/4 | €3,297 | €3,377 | +€80 | +2.4% |
| Taxes, remuneration and social security | 45 | €4,400 | €8,781 | +€4,381 | +99.6% |
| Taxes | 450/3 | €4,400 | €7,021 | +€2,621 | +59.6% |
| Remuneration and social security | 454/9 | - | €1,760 | +€1,760 | |
| Other amounts payable | 47/48 | €476 | €4,477 | +€4,001 | +840.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €791 | +€791 | |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | €1,267 | -€7,986 | -€9,253 | |
| Operating profit (loss) | 9901 | €880 | -€8,777 | -€9,657 | |
| Financial charges | 65/66B | €89 | €1,158 | +€1,068 | +1197.4% |
| Recurring financial charges | 65 | €89 | €1,158 | +€1,068 | +1197.4% |
| Profit (loss) for the period before taxes | 9903 | €791 | -€9,935 | -€10,726 | |
| Income taxes | 67/77 | €494 | €132 | -€362 | -73.3% |
| Profit (loss) for the period | 9904 | €297 | -€10,067 | -€10,364 | |
| Profit (loss) for the period to be appropriated | 9905 | €297 | -€10,067 | -€10,364 |
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 9 October 2026 via checked.be.