NEW ATLAS: 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.
NEW ATLAS
Largest movements
- Tangible fixed assets -€116,668
down €116,668 (-5.8%), from €2.0m to €1.9m
of which Land and buildings: -€94,041
- Receivables within one year +€86,881
up €86,881 (+8.4%), from €1.0m to €1.1m
of which Other amounts receivable: +€81,661
- Contributions -€400,000
down €400,000 (-85.1%), from €470,009 to €70,009
- Other debts +€389,358
up €389,358 (+474%), from €82,136 to €471,494
- Trade debts +€98,470
up €98,470 (+1,050%), from €9,376 to €107,846
- Debts after one year -€61,810
down €61,810 (-5.5%), from €1.1m to €1.1m
of which Financial debts: -€63,246
- Reserves -€31,232
down €31,232 (-6.2%), from €507,393 to €476,161
of which Tax-exempt reserves: -€31,232
- Depreciation -€17,386
down €17,386 (-13.0%), from €134,053 to €116,668
- Gross operating margin -€11,810
down €11,810 (-5.4%), from €218,061 to €206,251
- Staff costs +€11,568
up €11,568 (+37.0%), from €31,268 to €42,836
- Other operating charges +€11,290
up €11,290 (+52.4%), from €21,555 to €32,845
- Financial charges -€2,936
down €2,936 (-6.5%), from €45,447 to €42,511
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,057,308 | €3,037,858 | -€19,450 | -0.6% |
| Fixed assets | 21/28 | €2,003,367 | €1,886,700 | -€116,668 | -5.8% |
| Tangible fixed assets | 22/27 | €2,002,367 | €1,885,700 | -€116,668 | -5.8% |
| Land and buildings | 22 | €1,950,285 | €1,856,245 | -€94,041 | -4.8% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €52,082 | €29,455 | -€22,627 | -43.4% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €1,053,941 | €1,151,158 | +€97,217 | +9.2% |
| Amounts receivable within one year | 40/41 | €1,034,870 | €1,121,751 | +€86,881 | +8.4% |
| Trade receivables | 40 | - | €5,220 | +€5,220 | |
| Other amounts receivable | 41 | €1,034,870 | €1,116,531 | +€81,661 | +7.9% |
| Cash at bank and in hand | 54/58 | €3,504 | €20,998 | +€17,495 | +499% |
| Deferred charges and accrued income | 490/1 | €15,567 | €8,409 | -€7,158 | -46.0% |
| Total equity and liabilities | 10/49 | €3,057,308 | €3,037,858 | -€19,450 | -0.6% |
| Equity | 10/15 | €994,118 | €571,940 | -€422,179 | -42.5% |
| Contributions | 10/11 | €470,009 | €70,009 | -€400,000 | -85.1% |
| Capital | 10 | €470,009 | €70,009 | -€400,000 | -85.1% |
| Issued capital | 100 | €470,009 | €70,009 | -€400,000 | -85.1% |
| Reserves | 13 | €507,393 | €476,161 | -€31,232 | -6.2% |
| Non-distributable reserves | 130/1 | €11,100 | €11,100 | = | 0.0% |
| Legal reserve | 130 | €11,100 | €11,100 | = | 0.0% |
| Tax-exempt reserves | 132 | €396,293 | €365,061 | -€31,232 | -7.9% |
| Distributable reserves | 133 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,716 | €25,769 | +€9,053 | +54.2% |
| Provisions and deferred taxes | 16 | €241,374 | €230,963 | -€10,411 | -4.3% |
| Deferred taxes | 168 | €241,374 | €230,963 | -€10,411 | -4.3% |
| Amounts payable | 17/49 | €1,821,816 | €2,234,955 | +€413,139 | +22.7% |
| Amounts payable after more than one year | 17 | €1,116,340 | €1,054,531 | -€61,810 | -5.5% |
| Financial debts | 170/4 | €1,106,748 | €1,043,503 | -€63,246 | -5.7% |
| Other amounts payable | 178/9 | €9,592 | €11,028 | +€1,436 | +15.0% |
| Amounts payable within one year | 42/48 | €705,476 | €1,174,569 | +€469,093 | +66.5% |
| Current portion of amounts payable after more than one year | 42 | €73,257 | €63,246 | -€10,011 | -13.7% |
| Financial debts | 43 | €500,000 | €500,000 | = | 0.0% |
| Credit institutions | 430/8 | €500,000 | €500,000 | = | 0.0% |
| Trade debts | 44 | €9,376 | €107,846 | +€98,470 | +1,050% |
| Suppliers | 440/4 | €9,376 | €107,846 | +€98,470 | +1,050% |
| Taxes, remuneration and social security | 45 | €40,707 | €31,983 | -€8,724 | -21.4% |
| Taxes | 450/3 | €21,204 | €13,823 | -€7,382 | -34.8% |
| Remuneration and social security | 454/9 | €19,503 | €18,160 | -€1,343 | -6.9% |
| Other amounts payable | 47/48 | €82,136 | €471,494 | +€389,358 | +474% |
| Accrued charges and deferred income | 492/3 | - | €5,856 | +€5,856 | |
| Remuneration, social security and pensions | 62 | €31,268 | €42,836 | +€11,568 | +37.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €134,053 | €116,668 | -€17,386 | -13.0% |
| Other operating charges | 640/8 | €21,555 | €32,845 | +€11,290 | +52.4% |
| Gross operating margin | 9900 | €218,061 | €206,251 | -€11,810 | -5.4% |
| Operating profit (loss) | 9901 | €31,184 | €13,903 | -€17,281 | -55.4% |
| Financial income | 75/76B | €13 | €6 | -€7 | -56.8% |
| Recurring financial income | 75 | €13 | €6 | -€7 | -56.8% |
| Financial charges | 65/66B | €45,447 | €42,511 | -€2,936 | -6.5% |
| Recurring financial charges | 65 | €45,447 | €42,511 | -€2,936 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | -€14,250 | -€28,603 | -€14,353 | -101% |
| Transfer from deferred taxes | 780 | €10,660 | €10,411 | -€250 | -2.3% |
| Income taxes | 67/77 | €5,009 | €3,986 | -€1,023 | -20.4% |
| Profit (loss) for the period | 9904 | -€8,599 | -€22,179 | -€13,580 | -158% |
| Transfer from tax-exempt reserves | 789 | €31,981 | €31,232 | -€749 | -2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €23,382 | €9,053 | -€14,329 | -61.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.