Atsco: 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.
Atsco
Largest movements
- Cash +€40,614
up €40,614 (+49.5%), from €82,016 to €122,630
mainly Net result for the year (+€50,954) and Depreciation (+€4,834)
- Tangible fixed assets +€11,950
up €11,950 (+837.5%), from €1,427 to €13,377
- Reserves +€50,954
up €50,954 (+60.5%), from €84,284 to €135,238
- Tax, wage and social debts +€3,043
up €3,043 (+21.6%), from €14,060 to €17,103
- Gross operating margin +€21,691
up €21,691 (+43.8%), from €49,493 to €71,184
- Depreciation +€4,001
up €4,001 (+480.1%), from €833 to €4,834
- Taxes +€3,494
up €3,494 (+33.7%), from €10,376 to €13,870
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 | €110,723 | €165,002 | +€54,279 | +49.0% |
| Fixed assets | 21/28 | €18,927 | €30,877 | +€11,950 | +63.1% |
| Tangible fixed assets | 22/27 | €1,427 | €13,377 | +€11,950 | +837.5% |
| Furniture and vehicles | 24 | €1,427 | €13,377 | +€11,950 | +837.5% |
| Financial fixed assets | 28 | €17,500 | €17,500 | = | 0.0% |
| Current assets | 29/58 | €91,796 | €134,125 | +€42,329 | +46.1% |
| Amounts receivable within one year | 40/41 | €9,756 | €11,050 | +€1,294 | +13.3% |
| Trade receivables | 40 | €9,756 | €11,050 | +€1,294 | +13.3% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €82,016 | €122,630 | +€40,614 | +49.5% |
| Deferred charges and accrued income | 490/1 | €24 | €445 | +€421 | +1758.2% |
| Total equity and liabilities | 10/49 | €110,723 | €165,002 | +€54,279 | +49.0% |
| Equity | 10/15 | €94,284 | €145,238 | +€50,954 | +54.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €84,284 | €135,238 | +€50,954 | +60.5% |
| Distributable reserves | 133 | €84,284 | €135,238 | +€50,954 | +60.5% |
| Amounts payable | 17/49 | €16,439 | €19,764 | +€3,325 | +20.2% |
| Amounts payable within one year | 42/48 | €16,439 | €19,739 | +€3,300 | +20.1% |
| Trade debts | 44 | €279 | €273 | -€6 | -2.2% |
| Suppliers | 440/4 | €279 | €273 | -€6 | -2.2% |
| Taxes, remuneration and social security | 45 | €14,060 | €17,103 | +€3,043 | +21.6% |
| Taxes | 450/3 | €14,060 | €17,103 | +€3,043 | +21.6% |
| Other amounts payable | 47/48 | €2,100 | €2,363 | +€264 | +12.6% |
| Accrued charges and deferred income | 492/3 | - | €24 | +€24 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €833 | €4,834 | +€4,001 | +480.1% |
| Other operating charges | 640/8 | €661 | €1,265 | +€605 | +91.5% |
| Gross operating margin | 9900 | €49,493 | €71,184 | +€21,691 | +43.8% |
| Operating profit (loss) | 9901 | €47,999 | €65,085 | +€17,086 | +35.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €946 | €261 | -€685 | -72.4% |
| Recurring financial charges | 65 | €946 | €261 | -€685 | -72.4% |
| Profit (loss) for the period before taxes | 9903 | €47,053 | €64,824 | +€17,771 | +37.8% |
| Income taxes | 67/77 | €10,376 | €13,870 | +€3,494 | +33.7% |
| Profit (loss) for the period | 9904 | €36,677 | €50,954 | +€14,277 | +38.9% |
| Profit (loss) for the period to be appropriated | 9905 | €36,677 | €50,954 | +€14,277 | +38.9% |
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 8 October 2026 via checked.be.