E-ATLETE: 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.
E-ATLETE
Largest movements
- Receivables within one year +€37,259
up €37,259 (+177%), from €21,017 to €58,276
of which Trade receivables: +€37,085
- Current investments -€31,986
down €31,986 (-82.2%), from €38,933 to €6,947
- Cash +€24,483
up €24,483 (+191%), from €12,810 to €37,293
mainly Other debts (+€70,402) and Depreciation (+€53,643)
- Tangible fixed assets -€22,387
down €22,387 (-5.2%), from €429,206 to €406,819
of which Plant, machinery and equipment: -€12,458
- Stocks and contracts +€20,162
up €20,162 (+324%), from €6,217 to €26,380
- Other debts +€70,402
up €70,402 (+275%), from €25,598 to €96,000
- Debts after one year -€50,680
down €50,680 (-16.0%), from €316,491 to €265,811
- Trade debts +€15,666
up €15,666 (+177%), from €8,828 to €24,494
- Advances received -€10,137
no longer reported in 2025 (was €10,137)
- Reserves +€6,139
up €6,139 (+3.0%), from €205,214 to €211,353
- Gross operating margin +€167,704
up €167,704, from -€35,581 to €132,123
- Depreciation +€16,672
up €16,672 (+45.1%), from €36,972 to €53,643
- Staff costs -€11,058
down €11,058 (-16.6%), from €66,420 to €55,362
- Financial charges +€9,149
up €9,149 (+147%), from €6,239 to €15,387
- Financial income -€1,517
down €1,517 (-42.0%), from €3,614 to €2,098
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 | €511,673 | €538,472 | +€26,799 | +5.2% |
| Fixed assets | 21/28 | €429,206 | €406,819 | -€22,387 | -5.2% |
| Tangible fixed assets | 22/27 | €429,206 | €406,819 | -€22,387 | -5.2% |
| Land and buildings | 22 | €162,487 | €156,500 | -€5,987 | -3.7% |
| Plant, machinery and equipment | 23 | €229,584 | €217,127 | -€12,458 | -5.4% |
| Furniture and vehicles | 24 | €17,693 | €18,074 | +€381 | +2.2% |
| Other tangible fixed assets | 26 | €19,442 | €15,118 | -€4,323 | -22.2% |
| Current assets | 29/58 | €82,467 | €131,653 | +€49,186 | +59.6% |
| Stocks and contracts in progress | 3 | €6,217 | €26,380 | +€20,162 | +324% |
| Stocks | 30/36 | €6,217 | €26,380 | +€20,162 | +324% |
| Amounts receivable within one year | 40/41 | €21,017 | €58,276 | +€37,259 | +177% |
| Trade receivables | 40 | €14,006 | €51,091 | +€37,085 | +265% |
| Other amounts receivable | 41 | €7,010 | €7,185 | +€175 | +2.5% |
| Current investments | 50/53 | €38,933 | €6,947 | -€31,986 | -82.2% |
| Cash at bank and in hand | 54/58 | €12,810 | €37,293 | +€24,483 | +191% |
| Deferred charges and accrued income | 490/1 | €3,490 | €2,758 | -€732 | -21.0% |
| Total equity and liabilities | 10/49 | €511,673 | €538,472 | +€26,799 | +5.2% |
| Equity | 10/15 | €81,113 | €87,252 | +€6,139 | +7.6% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €205,214 | €211,353 | +€6,139 | +3.0% |
| Distributable reserves | 133 | €205,214 | €211,353 | +€6,139 | +3.0% |
| Profit (loss) carried forward | 14 | -€144,561 | -€144,561 | = | 0.0% |
| Amounts payable | 17/49 | €430,560 | €451,220 | +€20,660 | +4.8% |
| Amounts payable after more than one year | 17 | €316,491 | €265,811 | -€50,680 | -16.0% |
| Financial debts | 170/4 | €316,491 | €265,811 | -€50,680 | -16.0% |
| Amounts payable within one year | 42/48 | €114,069 | €185,409 | +€71,340 | +62.5% |
| Current portion of amounts payable after more than one year | 42 | €49,305 | €50,680 | +€1,375 | +2.8% |
| Trade debts | 44 | €8,828 | €24,494 | +€15,666 | +177% |
| Suppliers | 440/4 | €8,828 | €24,494 | +€15,666 | +177% |
| Advances received on contracts in progress | 46 | €10,137 | - | -€10,137 | |
| Taxes, remuneration and social security | 45 | €20,202 | €14,236 | -€5,966 | -29.5% |
| Taxes | 450/3 | €10,072 | €14,236 | +€4,164 | +41.3% |
| Remuneration and social security | 454/9 | €10,130 | - | -€10,130 | |
| Other amounts payable | 47/48 | €25,598 | €96,000 | +€70,402 | +275% |
| Remuneration, social security and pensions | 62 | €66,420 | €55,362 | -€11,058 | -16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,972 | €53,643 | +€16,672 | +45.1% |
| Other operating charges | 640/8 | €2,351 | €2,501 | +€149 | +6.4% |
| Gross operating margin | 9900 | -€35,581 | €132,123 | +€167,704 | |
| Operating profit (loss) | 9901 | -€141,324 | €20,617 | +€161,941 | |
| Financial income | 75/76B | €3,614 | €2,098 | -€1,517 | -42.0% |
| Recurring financial income | 75 | €3,614 | €2,098 | -€1,517 | -42.0% |
| Financial charges | 65/66B | €6,239 | €15,387 | +€9,149 | +147% |
| Recurring financial charges | 65 | €6,239 | €15,387 | +€9,149 | +147% |
| Profit (loss) for the period before taxes | 9903 | -€143,949 | €7,327 | +€151,275 | |
| Income taxes | 67/77 | €612 | €1,188 | +€576 | +94.1% |
| Profit (loss) for the period | 9904 | -€144,561 | €6,139 | +€150,699 | |
| Profit (loss) for the period to be appropriated | 9905 | -€144,561 | €6,139 | +€150,699 |
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 19 October 2026 via checked.be.