ATVT: 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.
ATVT
Largest movements
- Tangible fixed assets +€440,821
new in 2025: €440,821
of which Land and buildings: +€426,564
- Receivables within one year +€21,824
up €21,824 (+130.2%), from €16,768 to €38,592
- Cash +€10,421
up €10,421 (+47.5%), from €21,937 to €32,358
mainly Debts after one year (+€470,327) and Depreciation (+€77,596)
- Current investments +€10,053
new in 2025: €10,053
- Deferred charges and accrued income -€8,705
no longer reported in 2025 (was €8,705)
- Debts after one year +€470,327
new in 2025: €470,327
- Current portion of long-term debt +€20,907
new in 2025: €20,907
- Profit (loss) carried forward -€17,221
down €17,221 (-48.6%), from €35,466 to €18,245
- Depreciation +€77,596
new in 2025: €77,596
- Gross operating margin +€31,857
up €31,857 (+72.4%), from €44,026 to €75,883
- Financial charges +€13,176
new in 2025: €13,176
- Taxes -€8,651
down €8,651 (-96.7%), from €8,944 to €292
- Other operating charges +€2,283
new in 2025: €2,283
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 | €47,410 | €521,824 | +€474,415 | +1000.7% |
| Fixed assets | 21/28 | - | €440,821 | +€440,821 | |
| Tangible fixed assets | 22/27 | - | €440,821 | +€440,821 | |
| Land and buildings | 22 | - | €426,564 | +€426,564 | |
| Plant, machinery and equipment | 23 | - | €2,707 | +€2,707 | |
| Furniture and vehicles | 24 | - | €11,551 | +€11,551 | |
| Current assets | 29/58 | €47,410 | €81,003 | +€33,593 | +70.9% |
| Amounts receivable within one year | 40/41 | €16,768 | €38,592 | +€21,824 | +130.2% |
| Other amounts receivable | 41 | €16,768 | €38,592 | +€21,824 | +130.2% |
| Current investments | 50/53 | - | €10,053 | +€10,053 | |
| Cash at bank and in hand | 54/58 | €21,937 | €32,358 | +€10,421 | +47.5% |
| Deferred charges and accrued income | 490/1 | €8,705 | - | -€8,705 | |
| Total equity and liabilities | 10/49 | €47,410 | €521,824 | +€474,415 | +1000.7% |
| Equity | 10/15 | €38,466 | €21,245 | -€17,221 | -44.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,466 | €18,245 | -€17,221 | -48.6% |
| Amounts payable | 17/49 | €8,944 | €500,579 | +€491,636 | +5497.0% |
| Amounts payable after more than one year | 17 | - | €470,327 | +€470,327 | |
| Financial debts | 170/4 | - | €470,327 | +€470,327 | |
| Amounts payable within one year | 42/48 | €8,944 | €30,252 | +€21,308 | +238.3% |
| Current portion of amounts payable after more than one year | 42 | - | €20,907 | +€20,907 | |
| Trade debts | 44 | - | €181 | +€181 | |
| Suppliers | 440/4 | - | €181 | +€181 | |
| Taxes, remuneration and social security | 45 | €8,944 | €9,164 | +€220 | +2.5% |
| Taxes | 450/3 | €8,944 | €9,164 | +€220 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €77,596 | +€77,596 | |
| Other operating charges | 640/8 | - | €2,283 | +€2,283 | |
| Gross operating margin | 9900 | €44,026 | €75,883 | +€31,857 | +72.4% |
| Operating profit (loss) | 9901 | €44,026 | -€3,996 | -€48,022 | |
| Financial income | 75/76B | €384 | €244 | -€140 | -36.5% |
| Recurring financial income | 75 | €384 | €244 | -€140 | -36.5% |
| Financial charges | 65/66B | - | €13,176 | +€13,176 | |
| Recurring financial charges | 65 | - | €13,176 | +€13,176 | |
| Profit (loss) for the period before taxes | 9903 | €44,410 | -€16,929 | -€61,339 | |
| Income taxes | 67/77 | €8,944 | €292 | -€8,651 | -96.7% |
| Profit (loss) for the period | 9904 | €35,466 | -€17,221 | -€52,687 | |
| Profit (loss) for the period to be appropriated | 9905 | €35,466 | -€17,221 | -€52,687 |
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 6 October 2026 via checked.be.