FINANCIERE ATAR 2: 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.
FINANCIERE ATAR 2
Largest movements
- Financial fixed assets +€69,581
up €69,581 (+24.8%), from €280,159 to €349,740
- Debts after one year +€70,000
up €70,000 (+23.8%), from €294,000 to €364,000
- Gross operating margin +€3,629
up €3,629 (+60.2%), from -€6,029 to -€2,400
- Depreciation -€1,443
no longer reported in 2025 (was €1,443)
- Financial income -€78
no longer reported in 2025 (was €78)
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 | €300,404 | €367,972 | +€67,569 | +22.5% |
| Fixed assets | 21/28 | €280,159 | €349,740 | +€69,581 | +24.8% |
| Financial fixed assets | 28 | €280,159 | €349,740 | +€69,581 | +24.8% |
| Current assets | 29/58 | €20,245 | €18,232 | -€2,013 | -9.9% |
| Cash at bank and in hand | 54/58 | €20,245 | €18,232 | -€2,013 | -9.9% |
| Total equity and liabilities | 10/49 | €300,404 | €367,972 | +€67,569 | +22.5% |
| Equity | 10/15 | €2,541 | €129 | -€2,412 | -94.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,459 | -€9,871 | -€2,412 | -32.3% |
| Amounts payable | 17/49 | €297,863 | €367,843 | +€69,980 | +23.5% |
| Amounts payable after more than one year | 17 | €294,000 | €364,000 | +€70,000 | +23.8% |
| Other amounts payable | 178/9 | €294,000 | €364,000 | +€70,000 | +23.8% |
| Amounts payable within one year | 42/48 | €3,863 | €3,843 | -€20 | -0.5% |
| Trade debts | 44 | €2,420 | €2,400 | -€20 | -0.8% |
| Suppliers | 440/4 | €2,420 | €2,400 | -€20 | -0.8% |
| Other amounts payable | 47/48 | €1,443 | €1,443 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,443 | - | -€1,443 | |
| Gross operating margin | 9900 | -€6,029 | -€2,400 | +€3,629 | +60.2% |
| Operating profit (loss) | 9901 | -€7,472 | -€2,400 | +€5,072 | +67.9% |
| Financial income | 75/76B | €78 | - | -€78 | |
| Recurring financial income | 75 | €78 | - | -€78 | |
| Financial charges | 65/66B | €65 | €12 | -€54 | -82.3% |
| Recurring financial charges | 65 | €65 | €12 | -€54 | -82.3% |
| Profit (loss) for the period before taxes | 9903 | -€7,459 | -€2,412 | +€5,048 | +67.7% |
| Profit (loss) for the period | 9904 | -€7,459 | -€2,412 | +€5,048 | +67.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,459 | -€2,412 | +€5,048 | +67.7% |
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 20 October 2026 via checked.be.