ATV-CONSULT: 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.
ATV-CONSULT
Largest movements
- Current investments -€809,340
down €809,340 (-100%), from €809,340 to €0
- Cash +€171,946
up €171,946 (+86.7%), from €198,306 to €370,252
mainly Current investments (+€809,340) and Depreciation (+€130,347)
- Receivables within one year -€79,362
down €79,362 (-26.0%), from €305,005 to €225,644
of which Trade receivables: -€111,442
- Tangible fixed assets -€54,955
down €54,955 (-8.1%), from €676,404 to €621,449
of which Land and buildings: -€105,498
- Debts after one year -€800,000
down €800,000 (-100%), from €800,000 to €0
- Tax, wage and social debts -€59,406
down €59,406 (-82.0%), from €72,429 to €13,023
of which Taxes: -€59,450
- Reserves +€50,333
up €50,333 (+7.0%), from €716,685 to €767,018
of which Distributable reserves: +€50,333
- Trade debts +€31,254
up €31,254 (+255%), from €12,242 to €43,496
- Gross operating margin -€195,193
down €195,193 (-44.8%), from €435,888 to €240,695
- Taxes -€66,505
down €66,505 (-65.8%), from €101,098 to €34,593
- Financial income -€24,657
down €24,657 (-92.1%), from €26,780 to €2,123
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 | €2,006,564 | €1,232,544 | -€774,020 | -38.6% |
| Fixed assets | 21/28 | €683,954 | €628,999 | -€54,955 | -8.0% |
| Tangible fixed assets | 22/27 | €676,404 | €621,449 | -€54,955 | -8.1% |
| Land and buildings | 22 | €619,192 | €513,693 | -€105,498 | -17.0% |
| Plant, machinery and equipment | 23 | €2,018 | €1,864 | -€154 | -7.6% |
| Furniture and vehicles | 24 | €40,496 | €27,286 | -€13,210 | -32.6% |
| Other tangible fixed assets | 26 | €14,698 | €78,605 | +€63,907 | +435% |
| Financial fixed assets | 28 | €7,550 | €7,550 | = | 0.0% |
| Current assets | 29/58 | €1,322,610 | €603,545 | -€719,064 | -54.4% |
| Amounts receivable within one year | 40/41 | €305,005 | €225,644 | -€79,362 | -26.0% |
| Trade receivables | 40 | €279,890 | €168,448 | -€111,442 | -39.8% |
| Other amounts receivable | 41 | €25,115 | €57,196 | +€32,081 | +128% |
| Current investments | 50/53 | €809,340 | €0 | -€809,340 | -100% |
| Cash at bank and in hand | 54/58 | €198,306 | €370,252 | +€171,946 | +86.7% |
| Deferred charges and accrued income | 490/1 | €9,958 | €7,649 | -€2,309 | -23.2% |
| Total equity and liabilities | 10/49 | €2,006,564 | €1,232,544 | -€774,020 | -38.6% |
| Equity | 10/15 | €1,087,294 | €1,137,627 | +€50,333 | +4.6% |
| Contributions | 10/11 | €370,609 | €370,609 | = | 0.0% |
| Reserves | 13 | €716,685 | €767,018 | +€50,333 | +7.0% |
| Non-distributable reserves | 130/1 | €18,800 | €18,800 | = | 0.0% |
| Reserves not available under the articles | 1311 | €18,800 | €18,800 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €679,135 | €729,468 | +€50,333 | +7.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €919,270 | €94,917 | -€824,353 | -89.7% |
| Amounts payable after more than one year | 17 | €800,000 | €0 | -€800,000 | -100% |
| Financial debts | 170/4 | €800,000 | €0 | -€800,000 | -100% |
| Amounts payable within one year | 42/48 | €112,619 | €86,494 | -€26,124 | -23.2% |
| Trade debts | 44 | €12,242 | €43,496 | +€31,254 | +255% |
| Suppliers | 440/4 | €12,242 | €43,496 | +€31,254 | +255% |
| Taxes, remuneration and social security | 45 | €72,429 | €13,023 | -€59,406 | -82.0% |
| Taxes | 450/3 | €68,993 | €9,543 | -€59,450 | -86.2% |
| Remuneration and social security | 454/9 | €3,436 | €3,480 | +€44 | +1.3% |
| Other amounts payable | 47/48 | €27,947 | €29,975 | +€2,028 | +7.3% |
| Accrued charges and deferred income | 492/3 | €6,651 | €8,423 | +€1,771 | +26.6% |
| Non-recurring operating income | 76A | €32,149 | €0 | -€32,149 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €129,623 | €130,347 | +€724 | +0.6% |
| Other operating charges | 640/8 | €17,468 | €21,034 | +€3,566 | +20.4% |
| Gross operating margin | 9900 | €435,888 | €240,695 | -€195,193 | -44.8% |
| Operating profit (loss) | 9901 | €288,797 | €89,314 | -€199,482 | -69.1% |
| Financial income | 75/76B | €26,780 | €2,123 | -€24,657 | -92.1% |
| Recurring financial income | 75 | €26,780 | €2,123 | -€24,657 | -92.1% |
| Financial charges | 65/66B | €8,662 | €6,511 | -€2,152 | -24.8% |
| Recurring financial charges | 65 | €8,662 | €6,511 | -€2,152 | -24.8% |
| Profit (loss) for the period before taxes | 9903 | €306,914 | €84,926 | -€221,988 | -72.3% |
| Income taxes | 67/77 | €101,098 | €34,593 | -€66,505 | -65.8% |
| Profit (loss) for the period | 9904 | €205,816 | €50,333 | -€155,483 | -75.5% |
| Profit (loss) for the period to be appropriated | 9905 | €205,816 | €50,333 | -€155,483 | -75.5% |
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.