ATSM TRADING: 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.
ATSM TRADING
Largest movements
- Cash -€13,543
down €13,543 (-84.7%), from €15,987 to €2,444
mainly Receivables within one year (-€11,734) and Trade debts (-€11,379)
- Receivables within one year +€11,734
up €11,734 (+33.3%), from €35,200 to €46,933
of which Other amounts receivable: +€31,133
- Tangible fixed assets -€6,800
down €6,800 (-36.5%), from €18,656 to €11,856
of which Furniture and vehicles: -€4,349
- Profit (loss) carried forward +€11,573
up €11,573 (+40.9%), from €28,301 to €39,874
- Trade debts -€11,379
down €11,379 (-88.8%), from €12,810 to €1,431
- Tax, wage and social debts -€8,804
down €8,804 (-46.4%), from €18,982 to €10,178
- Staff costs -€50,246
down €50,246 (-58.8%), from €85,497 to €35,251
- Gross operating margin -€35,698
down €35,698 (-35.9%), from €99,344 to €63,646
- Taxes -€3,865
down €3,865 (-44.0%), from €8,778 to €4,913
- Depreciation -€3,034
down €3,034 (-30.8%), from €9,834 to €6,800
- Other operating charges -€2,428
down €2,428 (-45.3%), from €5,357 to €2,929
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 | €73,443 | €64,833 | -€8,609 | -11.7% |
| Fixed assets | 21/28 | €22,256 | €15,456 | -€6,800 | -30.6% |
| Tangible fixed assets | 22/27 | €18,656 | €11,856 | -€6,800 | -36.5% |
| Plant, machinery and equipment | 23 | €5,704 | €3,253 | -€2,451 | -43.0% |
| Furniture and vehicles | 24 | €12,952 | €8,603 | -€4,349 | -33.6% |
| Financial fixed assets | 28 | €3,600 | €3,600 | = | 0.0% |
| Current assets | 29/58 | €51,187 | €49,378 | -€1,809 | -3.5% |
| Amounts receivable within one year | 40/41 | €35,200 | €46,933 | +€11,734 | +33.3% |
| Trade receivables | 40 | €31,533 | €12,133 | -€19,399 | -61.5% |
| Other amounts receivable | 41 | €3,667 | €34,800 | +€31,133 | +849% |
| Cash at bank and in hand | 54/58 | €15,987 | €2,444 | -€13,543 | -84.7% |
| Total equity and liabilities | 10/49 | €73,443 | €64,833 | -€8,609 | -11.7% |
| Equity | 10/15 | €41,651 | €53,224 | +€11,573 | +27.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €950 | €950 | = | 0.0% |
| Non-distributable reserves | 130/1 | €950 | €950 | = | 0.0% |
| Reserves not available under the articles | 1311 | €950 | €950 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,301 | €39,874 | +€11,573 | +40.9% |
| Amounts payable | 17/49 | €31,792 | €11,609 | -€20,182 | -63.5% |
| Amounts payable within one year | 42/48 | €31,792 | €11,609 | -€20,182 | -63.5% |
| Trade debts | 44 | €12,810 | €1,431 | -€11,379 | -88.8% |
| Suppliers | 440/4 | €12,810 | €1,431 | -€11,379 | -88.8% |
| Taxes, remuneration and social security | 45 | €18,982 | €10,178 | -€8,804 | -46.4% |
| Taxes | 450/3 | €18,982 | €10,178 | -€8,804 | -46.4% |
| Remuneration, social security and pensions | 62 | €85,497 | €35,251 | -€50,246 | -58.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,834 | €6,800 | -€3,034 | -30.8% |
| Other operating charges | 640/8 | €5,357 | €2,929 | -€2,428 | -45.3% |
| Non-recurring operating charges | 66A | €101 | - | -€101 | |
| Gross operating margin | 9900 | €99,344 | €63,646 | -€35,698 | -35.9% |
| Operating profit (loss) | 9901 | -€1,444 | €18,666 | +€20,110 | |
| Financial charges | 65/66B | €388 | €2,180 | +€1,792 | +461% |
| Recurring financial charges | 65 | €388 | €680 | +€292 | +75.1% |
| Non-recurring financial charges | 66B | - | €1,500 | +€1,500 | |
| Profit (loss) for the period before taxes | 9903 | -€1,832 | €16,486 | +€18,319 | |
| Income taxes | 67/77 | €8,778 | €4,913 | -€3,865 | -44.0% |
| Profit (loss) for the period | 9904 | -€10,610 | €11,573 | +€22,183 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,610 | €11,573 | +€22,183 |
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 23 October 2026 via checked.be.