atSea: 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.
atSea
Largest movements
- Tangible fixed assets -€8,715
down €8,715 (-8.9%), from €97,623 to €88,908
of which Furniture and vehicles: -€9,716
- Cash -€5,599
down €5,599 (-99.7%), from €5,615 to €16
mainly Other debts (-€48,900) and Debts after one year (-€14,347)
- Receivables within one year +€5,200
new in 2025: €5,200
- Profit (loss) carried forward +€55,187
up €55,187 (+20.6%), from -€267,433 to -€212,246
- Other debts -€48,900
down €48,900 (-16.1%), from €303,565 to €254,665
- Debts after one year -€14,347
down €14,347 (-33.7%), from €42,532 to €28,185
- Trade debts -€1,783
down €1,783 (-45.9%), from €3,888 to €2,104
- Current portion of long-term debt +€1,422
up €1,422 (+11.0%), from €12,925 to €14,347
- Gross operating margin +€54,983
up €54,983 (+326.2%), from €16,858 to €71,842
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 | €104,238 | €95,124 | -€9,114 | -8.7% |
| Fixed assets | 21/28 | €98,623 | €89,908 | -€8,715 | -8.8% |
| Tangible fixed assets | 22/27 | €97,623 | €88,908 | -€8,715 | -8.9% |
| Land and buildings | 22 | €87,907 | €82,993 | -€4,914 | -5.6% |
| Furniture and vehicles | 24 | €9,716 | - | -€9,716 | |
| Leasing and similar rights | 25 | - | €5,915 | +€5,915 | |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €5,615 | €5,216 | -€399 | -7.1% |
| Amounts receivable within one year | 40/41 | - | €5,200 | +€5,200 | |
| Trade receivables | 40 | - | €5,200 | +€5,200 | |
| Cash at bank and in hand | 54/58 | €5,615 | €16 | -€5,599 | -99.7% |
| Total equity and liabilities | 10/49 | €104,238 | €95,124 | -€9,114 | -8.7% |
| Equity | 10/15 | -€261,233 | -€206,046 | +€55,187 | +21.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€267,433 | -€212,246 | +€55,187 | +20.6% |
| Amounts payable | 17/49 | €365,472 | €301,170 | -€64,302 | -17.6% |
| Amounts payable after more than one year | 17 | €42,532 | €28,185 | -€14,347 | -33.7% |
| Financial debts | 170/4 | €42,532 | €28,185 | -€14,347 | -33.7% |
| Amounts payable within one year | 42/48 | €322,940 | €272,985 | -€49,954 | -15.5% |
| Current portion of amounts payable after more than one year | 42 | €12,925 | €14,347 | +€1,422 | +11.0% |
| Trade debts | 44 | €3,888 | €2,104 | -€1,783 | -45.9% |
| Suppliers | 440/4 | €3,888 | €2,104 | -€1,783 | -45.9% |
| Taxes, remuneration and social security | 45 | €2,562 | €1,869 | -€693 | -27.1% |
| Taxes | 450/3 | €2,562 | €1,869 | -€693 | -27.1% |
| Other amounts payable | 47/48 | €303,565 | €254,665 | -€48,900 | -16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,667 | €8,715 | +€48 | +0.6% |
| Other operating charges | 640/8 | €3,834 | €4,422 | +€589 | +15.4% |
| Gross operating margin | 9900 | €16,858 | €71,842 | +€54,983 | +326.2% |
| Operating profit (loss) | 9901 | €4,357 | €58,704 | +€54,347 | +1247.3% |
| Financial income | 75/76B | €5 | €5 | -€0 | -7.3% |
| Recurring financial income | 75 | €5 | €5 | -€0 | -7.3% |
| Financial charges | 65/66B | €3,328 | €3,520 | +€192 | +5.8% |
| Recurring financial charges | 65 | €3,328 | €3,520 | +€192 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | €1,035 | €55,188 | +€54,154 | +5234.3% |
| Income taxes | 67/77 | - | €1 | +€1 | |
| Profit (loss) for the period | 9904 | €1,035 | €55,187 | +€54,153 | +5234.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,035 | €55,187 | +€54,153 | +5234.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.