FILMS ATHENA: 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.
FILMS ATHENA
Largest movements
- Tangible fixed assets -€2,326
down €2,326 (-66.6%), from €3,492 to €1,166
of which Plant, machinery and equipment: -€1,786
- Cash -€1,207
down €1,207 (-90.5%), from €1,333 to €126
mainly Net result for the year (-€21,043) and Receivables within one year (-€138)
- Deferred charges and accrued income -€573
no longer reported in 2025 (was €573)
- Profit (loss) carried forward -€21,043
down €21,043 (-22.8%), from -€92,297 to -€113,340
- Other debts +€12,177
up €12,177 (+18.9%), from €64,591 to €76,768
- Trade debts +€4,572
up €4,572 (+43.6%), from €10,487 to €15,059
- Accrued charges and deferred income +€186
new in 2025: €186
- Gross operating margin -€5,762
down €5,762 (-57.7%), from -€9,991 to -€15,753
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 | €15,469 | €11,502 | -€3,968 | -25.6% |
| Fixed assets | 21/28 | €6,592 | €4,266 | -€2,326 | -35.3% |
| Tangible fixed assets | 22/27 | €3,492 | €1,166 | -€2,326 | -66.6% |
| Plant, machinery and equipment | 23 | €2,874 | €1,089 | -€1,786 | -62.1% |
| Furniture and vehicles | 24 | €617 | €77 | -€540 | -87.5% |
| Financial fixed assets | 28 | €3,100 | €3,100 | = | 0.0% |
| Current assets | 29/58 | €8,878 | €7,236 | -€1,642 | -18.5% |
| Amounts receivable within one year | 40/41 | €6,972 | €7,110 | +€138 | +2.0% |
| Trade receivables | 40 | €6,802 | €6,802 | = | 0.0% |
| Other amounts receivable | 41 | €170 | €308 | +€138 | +81.4% |
| Cash at bank and in hand | 54/58 | €1,333 | €126 | -€1,207 | -90.5% |
| Deferred charges and accrued income | 490/1 | €573 | - | -€573 | |
| Total equity and liabilities | 10/49 | €15,469 | €11,502 | -€3,968 | -25.6% |
| Equity | 10/15 | -€59,797 | -€80,840 | -€21,043 | -35.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €13,908 | €13,908 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,683 | €1,683 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,683 | €1,683 | = | 0.0% |
| Distributable reserves | 133 | €12,225 | €12,225 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€92,297 | -€113,340 | -€21,043 | -22.8% |
| Amounts payable | 17/49 | €75,266 | €92,342 | +€17,076 | +22.7% |
| Amounts payable within one year | 42/48 | €75,266 | €92,156 | +€16,890 | +22.4% |
| Trade debts | 44 | €10,487 | €15,059 | +€4,572 | +43.6% |
| Suppliers | 440/4 | €10,487 | €15,059 | +€4,572 | +43.6% |
| Taxes, remuneration and social security | 45 | €188 | €329 | +€141 | +74.9% |
| Taxes | 450/3 | €188 | €329 | +€141 | +74.9% |
| Other amounts payable | 47/48 | €64,591 | €76,768 | +€12,177 | +18.9% |
| Accrued charges and deferred income | 492/3 | - | €186 | +€186 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,326 | €2,326 | = | 0.0% |
| Other operating charges | 640/8 | €220 | €220 | = | 0.0% |
| Non-recurring operating charges | 66A | €1,200 | - | -€1,200 | |
| Gross operating margin | 9900 | -€9,991 | -€15,753 | -€5,762 | -57.7% |
| Operating profit (loss) | 9901 | -€13,736 | -€18,299 | -€4,562 | -33.2% |
| Financial charges | 65/66B | €2,042 | €2,026 | -€16 | -0.8% |
| Recurring financial charges | 65 | €2,042 | €2,026 | -€16 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | -€15,778 | -€20,325 | -€4,546 | -28.8% |
| Income taxes | 67/77 | €746 | €718 | -€27 | -3.6% |
| Profit (loss) for the period | 9904 | -€16,524 | -€21,043 | -€4,519 | -27.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,524 | -€21,043 | -€4,519 | -27.3% |
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 1 November 2026 via checked.be.