ATventures: 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.
ATventures
Largest movements
- Current investments +€1.6m
up €1.6m (+793%), from €200,030 to €1.8m
- Financial fixed assets +€780,625
up €780,625 (+51.3%), from €1.5m to €2.3m
- Receivables after one year +€740,300
up €740,300 (+153%), from €483,779 to €1.2m
of which Other amounts receivable: +€1.2m
- Cash +€326,534
up €326,534 (+944%), from €34,583 to €361,117
mainly Net result for the year (+€3.9m) and Debts after one year (+€90,322)
- Receivables within one year +€191,178
up €191,178 (+125%), from €153,096 to €344,273
of which Other amounts receivable: +€192,839
- Reserves +€3.5m
up €3.5m (+374%), from €929,990 to €4.4m
of which Distributable reserves: +€3.5m
- Debts after one year +€90,322
up €90,322 (+8.4%), from €1.1m to €1.2m
of which Other amounts payable: +€190,610
- Other debts +€81,781
up €81,781 (+24.8%), from €329,634 to €411,415
- Financial income +€3.8m
up €3.8m (+9,894%), from €38,290 to €3.8m
- Gross operating margin -€113,721
down €113,721 (-41.2%), from €275,986 to €162,264
- Taxes -€24,606
down €24,606 (-41.8%), from €58,867 to €34,261
- Financial charges +€13,466
up €13,466 (+30.3%), from €44,436 to €57,902
of which Financial charges: +€13,466
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 | €2,477,351 | €6,085,393 | +€3.6m | +146% |
| Fixed assets | 21/28 | €1,597,319 | €2,360,965 | +€763,646 | +47.8% |
| Tangible fixed assets | 22/27 | €75,443 | €58,464 | -€16,979 | -22.5% |
| Plant, machinery and equipment | 23 | €3,095 | €2,491 | -€603 | -19.5% |
| Furniture and vehicles | 24 | €65,310 | €49,792 | -€15,518 | -23.8% |
| Other tangible fixed assets | 26 | €7,038 | €6,181 | -€858 | -12.2% |
| Financial fixed assets | 28 | €1,521,876 | €2,302,501 | +€780,625 | +51.3% |
| Current assets | 29/58 | €880,032 | €3,724,428 | +€2.8m | +323% |
| Amounts receivable after more than one year | 29 | €483,779 | €1,224,079 | +€740,300 | +153% |
| Trade receivables | 290 | €433,779 | €0 | -€433,779 | -100% |
| Other amounts receivable | 291 | €50,000 | €1,224,079 | +€1.2m | +2,348% |
| Amounts receivable within one year | 40/41 | €153,096 | €344,273 | +€191,178 | +125% |
| Trade receivables | 40 | €90,628 | €88,967 | -€1,661 | -1.8% |
| Other amounts receivable | 41 | €62,468 | €255,307 | +€192,839 | +309% |
| Current investments | 50/53 | €200,030 | €1,785,994 | +€1.6m | +793% |
| Cash at bank and in hand | 54/58 | €34,583 | €361,117 | +€326,534 | +944% |
| Deferred charges and accrued income | 490/1 | €8,544 | €8,965 | +€421 | +4.9% |
| Total equity and liabilities | 10/49 | €2,477,351 | €6,085,393 | +€3.6m | +146% |
| Equity | 10/15 | €948,590 | €4,423,700 | +€3.5m | +366% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €929,990 | €4,405,100 | +€3.5m | +374% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €228,130 | €156,560 | -€71,570 | -31.4% |
| Distributable reserves | 133 | €701,860 | €4,248,540 | +€3.5m | +505% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,528,761 | €1,661,693 | +€132,932 | +8.7% |
| Amounts payable after more than one year | 17 | €1,079,450 | €1,169,772 | +€90,322 | +8.4% |
| Financial debts | 170/4 | €751,117 | €650,829 | -€100,288 | -13.4% |
| Other amounts payable | 178/9 | €328,333 | €518,943 | +€190,610 | +58.1% |
| Amounts payable within one year | 42/48 | €354,780 | €436,476 | +€81,696 | +23.0% |
| Current portion of amounts payable after more than one year | 42 | €12,915 | €13,288 | +€373 | +2.9% |
| Financial debts | 43 | €205 | €117 | -€88 | -43.1% |
| Credit institutions | 430/8 | €205 | €117 | -€88 | -43.1% |
| Trade debts | 44 | €807 | €2,868 | +€2,061 | +255% |
| Suppliers | 440/4 | €807 | €2,868 | +€2,061 | +255% |
| Taxes, remuneration and social security | 45 | €11,219 | €8,788 | -€2,431 | -21.7% |
| Taxes | 450/3 | €11,219 | €8,788 | -€2,431 | -21.7% |
| Other amounts payable | 47/48 | €329,634 | €411,415 | +€81,781 | +24.8% |
| Accrued charges and deferred income | 492/3 | €94,531 | €55,445 | -€39,085 | -41.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,381 | €19,406 | +€1,024 | +5.6% |
| Other operating charges | 640/8 | €1,716 | €2,377 | +€662 | +38.6% |
| Gross operating margin | 9900 | €275,986 | €162,264 | -€113,721 | -41.2% |
| Operating profit (loss) | 9901 | €255,888 | €140,481 | -€115,407 | -45.1% |
| Financial income | 75/76B | €38,290 | €3,826,792 | +€3.8m | +9,894% |
| Recurring financial income | 75 | €38,290 | €3,826,792 | +€3.8m | +9,894% |
| Financial charges | 65/66B | €44,436 | €57,902 | +€13,466 | +30.3% |
| Recurring financial charges | 65 | €44,436 | €57,902 | +€13,466 | +30.3% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €249,742 | €3,909,371 | +€3.7m | +1,465% |
| Income taxes | 67/77 | €58,867 | €34,261 | -€24,606 | -41.8% |
| Profit (loss) for the period | 9904 | €190,875 | €3,875,110 | +€3.7m | +1,930% |
| Transfer from tax-exempt reserves | 789 | - | €71,570 | +€71,570 | |
| Transfer to tax-exempt reserves | 689 | €126,300 | €0 | -€126,300 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €64,575 | €3,946,680 | +€3.9m | +6,012% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.