ATON: 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.
ATON
Largest movements
- Cash -€22,905
down €22,905 (-7.5%), from €303,401 to €280,496
mainly Net result for the year (-€18,525) and Receivables within one year (-€15,000)
- Receivables within one year +€15,000
new in 2025: €15,000
- Tangible fixed assets -€12,500
down €12,500 (-2.7%), from €458,791 to €446,291
of which Land and buildings: -€12,500
- Profit (loss) carried forward -€18,525
down €18,525 (-217%), from -€8,520 to -€27,045
- Gross operating margin -€90,546
down €90,546, from €87,638 to -€2,908
- Depreciation -€5,447
down €5,447 (-30.3%), from €17,947 to €12,500
- Financial charges +€2,265
up €2,265 (+309%), from €732 to €2,997
- Taxes -€2,044
down €2,044 (-100%), from €2,044 to €0
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 | €1,093,679 | €1,073,275 | -€20,405 | -1.9% |
| Fixed assets | 21/28 | €458,791 | €446,291 | -€12,500 | -2.7% |
| Tangible fixed assets | 22/27 | €458,791 | €446,291 | -€12,500 | -2.7% |
| Land and buildings | 22 | €458,791 | €446,291 | -€12,500 | -2.7% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €634,888 | €626,983 | -€7,905 | -1.2% |
| Stocks and contracts in progress | 3 | €331,487 | €331,487 | = | 0.0% |
| Stocks | 30/36 | €331,487 | €331,487 | = | 0.0% |
| Amounts receivable within one year | 40/41 | - | €15,000 | +€15,000 | |
| Other amounts receivable | 41 | - | €15,000 | +€15,000 | |
| Cash at bank and in hand | 54/58 | €303,401 | €280,496 | -€22,905 | -7.5% |
| Total equity and liabilities | 10/49 | €1,093,679 | €1,073,275 | -€20,405 | -1.9% |
| Equity | 10/15 | €11,759 | -€6,766 | -€18,525 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €7,879 | €7,879 | = | 0.0% |
| Distributable reserves | 133 | €7,879 | €7,879 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,520 | -€27,045 | -€18,525 | -217% |
| Amounts payable | 17/49 | €1,081,921 | €1,080,041 | -€1,880 | -0.2% |
| Amounts payable after more than one year | 17 | €72,895 | €72,895 | = | 0.0% |
| Financial debts | 170/4 | €72,895 | €72,895 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,009,025 | €1,007,146 | -€1,880 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €5,571 | €5,571 | = | 0.0% |
| Trade debts | 44 | €0 | €4,684 | +€4,684 | |
| Suppliers | 440/4 | €0 | €4,684 | +€4,684 | |
| Taxes, remuneration and social security | 45 | €2,284 | €2,284 | = | 0.0% |
| Taxes | 450/3 | €2,284 | €2,284 | = | 0.0% |
| Other amounts payable | 47/48 | €1,001,171 | €994,607 | -€6,564 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,947 | €12,500 | -€5,447 | -30.3% |
| Other operating charges | 640/8 | €286 | €120 | -€166 | -58.0% |
| Gross operating margin | 9900 | €87,638 | -€2,908 | -€90,546 | |
| Operating profit (loss) | 9901 | €69,405 | -€15,528 | -€84,933 | |
| Financial charges | 65/66B | €732 | €2,997 | +€2,265 | +309% |
| Recurring financial charges | 65 | €732 | €2,997 | +€2,265 | +309% |
| Profit (loss) for the period before taxes | 9903 | €68,673 | -€18,525 | -€87,198 | |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €2,044 | €0 | -€2,044 | -100% |
| Profit (loss) for the period | 9904 | €66,629 | -€18,525 | -€85,154 | |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €66,629 | -€18,525 | -€85,154 |
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 31 October 2026 via checked.be.