ATON PROJECTS: what changed
ATON PROJECTS
Largest movements
- Tangible fixed assets -€40,241
down €40,241 (-13.1%), from €307,094 to €266,853
of which Land and buildings: -€28,835
- Cash -€8,293
down €8,293 (-83.8%), from €9,894 to €1,601
mainly Debts after one year (-€44,422) and Net result for the year (-€19,438)
- Receivables within one year -€5,002
down €5,002 (-29.4%), from €17,019 to €12,017
of which Trade receivables: -€4,840
- Deferred charges and accrued income -€4,580
down €4,580 (-58.4%), from €7,845 to €3,266
- Debts after one year -€44,422
down €44,422 (-10.0%), from €443,354 to €398,931
- Profit (loss) carried forward -€19,438
down €19,438 (-9.4%), from -€205,877 to -€225,315
- Other debts +€6,285
up €6,285 (+49.5%), from €12,698 to €18,983
- Gross operating margin -€57,114
down €57,114 (-49.7%), from €115,009 to €57,895
- Financial charges -€1,654
down €1,654 (-4.7%), from €35,240 to €33,585
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €341,853 | €283,737 | -€58,116 | -17.0% |
| Fixed assets | 21/28 | €307,094 | €266,853 | -€40,241 | -13.1% |
| Tangible fixed assets | 22/27 | €307,094 | €266,853 | -€40,241 | -13.1% |
| Land and buildings | 22 | €230,510 | €201,675 | -€28,835 | -12.5% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €76,584 | €65,179 | -€11,406 | -14.9% |
| Current assets | 29/58 | €34,759 | €16,884 | -€17,875 | -51.4% |
| Amounts receivable within one year | 40/41 | €17,019 | €12,017 | -€5,002 | -29.4% |
| Trade receivables | 40 | €16,623 | €11,783 | -€4,840 | -29.1% |
| Other amounts receivable | 41 | €397 | €235 | -€162 | -40.8% |
| Cash at bank and in hand | 54/58 | €9,894 | €1,601 | -€8,293 | -83.8% |
| Deferred charges and accrued income | 490/1 | €7,845 | €3,266 | -€4,580 | -58.4% |
| Total equity and liabilities | 10/49 | €341,853 | €283,737 | -€58,116 | -17.0% |
| Equity | 10/15 | -€143,477 | -€162,915 | -€19,438 | -13.5% |
| Contributions | 10/11 | €62,400 | €62,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€205,877 | -€225,315 | -€19,438 | -9.4% |
| Amounts payable | 17/49 | €485,329 | €446,652 | -€38,677 | -8.0% |
| Amounts payable after more than one year | 17 | €443,354 | €398,931 | -€44,422 | -10.0% |
| Financial debts | 170/4 | €443,354 | €398,931 | -€44,422 | -10.0% |
| Amounts payable within one year | 42/48 | €41,976 | €47,721 | +€5,745 | +13.7% |
| Current portion of amounts payable after more than one year | 42 | €24,441 | €25,118 | +€677 | +2.8% |
| Financial debts | 43 | €183 | €0 | -€183 | -100% |
| Credit institutions | 430/8 | €183 | €0 | -€183 | -100% |
| Trade debts | 44 | €3,532 | €2,918 | -€614 | -17.4% |
| Suppliers | 440/4 | €3,532 | €2,918 | -€614 | -17.4% |
| Taxes, remuneration and social security | 45 | €1,123 | €702 | -€421 | -37.5% |
| Taxes | 450/3 | €1,123 | €702 | -€421 | -37.5% |
| Other amounts payable | 47/48 | €12,698 | €18,983 | +€6,285 | +49.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,867 | €40,241 | +€374 | +0.9% |
| Other operating charges | 640/8 | €3,058 | €3,269 | +€211 | +6.9% |
| Gross operating margin | 9900 | €115,009 | €57,895 | -€57,114 | -49.7% |
| Operating profit (loss) | 9901 | €72,084 | €14,385 | -€57,699 | -80.0% |
| Financial income | 75/76B | €8 | €27 | +€19 | +250% |
| Recurring financial income | 75 | €8 | €27 | +€19 | +250% |
| Financial charges | 65/66B | €35,240 | €33,585 | -€1,654 | -4.7% |
| Recurring financial charges | 65 | €35,240 | €33,585 | -€1,654 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €36,852 | -€19,173 | -€56,025 | |
| Income taxes | 67/77 | €284 | €265 | -€18 | -6.5% |
| Profit (loss) for the period | 9904 | €36,568 | -€19,438 | -€56,007 | |
| Profit (loss) for the period to be appropriated | 9905 | €36,568 | -€19,438 | -€56,007 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.