ATX: 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.
ATX
Largest movements
- Current investments +€300,000
new in 2025: €300,000
- Cash -€197,733
down €197,733 (-91.8%), from €215,297 to €17,565
mainly Current investments (-€300,000) and Tax, wage and social debts (-€63,966)
- Receivables within one year -€19,188
down €19,188 (-19.1%), from €100,312 to €81,124
of which Other amounts receivable: -€22,213
- Profit (loss) carried forward +€107,204
up €107,204 (+47.7%), from €224,614 to €331,819
- Tax, wage and social debts -€63,966
down €63,966 (-78.1%), from €81,875 to €17,909
of which Taxes: -€54,029
- Trade debts +€31,425
up €31,425 (+2974.5%), from €1,057 to €32,482
- Short-term financial debts +€8,415
new in 2025: €8,415
- Gross operating margin +€9,453
up €9,453 (+7.1%), from €132,870 to €142,323
- Taxes +€5,933
up €5,933 (+21.1%), from €28,105 to €34,038
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 | €315,609 | €398,688 | +€83,079 | +26.3% |
| Current assets | 29/58 | €315,609 | €398,688 | +€83,079 | +26.3% |
| Amounts receivable within one year | 40/41 | €100,312 | €81,124 | -€19,188 | -19.1% |
| Trade receivables | 40 | €20,570 | €23,595 | +€3,025 | +14.7% |
| Other amounts receivable | 41 | €79,742 | €57,529 | -€22,213 | -27.9% |
| Current investments | 50/53 | - | €300,000 | +€300,000 | |
| Cash at bank and in hand | 54/58 | €215,297 | €17,565 | -€197,733 | -91.8% |
| Total equity and liabilities | 10/49 | €315,609 | €398,688 | +€83,079 | +26.3% |
| Equity | 10/15 | €232,114 | €339,319 | +€107,204 | +46.2% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €224,614 | €331,819 | +€107,204 | +47.7% |
| Amounts payable | 17/49 | €83,495 | €59,370 | -€24,125 | -28.9% |
| Amounts payable within one year | 42/48 | €83,495 | €59,370 | -€24,125 | -28.9% |
| Financial debts | 43 | - | €8,415 | +€8,415 | |
| Credit institutions | 430/8 | - | €8,415 | +€8,415 | |
| Trade debts | 44 | €1,057 | €32,482 | +€31,425 | +2974.5% |
| Suppliers | 440/4 | €1,057 | €32,482 | +€31,425 | +2974.5% |
| Taxes, remuneration and social security | 45 | €81,875 | €17,909 | -€63,966 | -78.1% |
| Taxes | 450/3 | €71,938 | €17,909 | -€54,029 | -75.1% |
| Remuneration and social security | 454/9 | €9,937 | - | -€9,937 | |
| Other amounts payable | 47/48 | €563 | €563 | = | 0.0% |
| Other operating charges | 640/8 | €476 | €675 | +€199 | +41.8% |
| Gross operating margin | 9900 | €132,870 | €142,323 | +€9,453 | +7.1% |
| Operating profit (loss) | 9901 | €132,394 | €141,648 | +€9,254 | +7.0% |
| Financial charges | 65/66B | €39 | €406 | +€367 | +939.8% |
| Recurring financial charges | 65 | €39 | €406 | +€367 | +939.8% |
| Profit (loss) for the period before taxes | 9903 | €132,355 | €141,242 | +€8,888 | +6.7% |
| Income taxes | 67/77 | €28,105 | €34,038 | +€5,933 | +21.1% |
| Profit (loss) for the period | 9904 | €104,249 | €107,204 | +€2,955 | +2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €104,249 | €107,204 | +€2,955 | +2.8% |
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 10 October 2026 via checked.be.