ATELIER 13: 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.
What changed
ATELIER 13
NACE 31.001, Manufacture of furniture
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€59,643
2024 · €38,662+€20,981
Equity
€214,727
2024 · €217,084-€2,357
Cash
€76,895
2024 · €79,529-€2,634
Balance sheet total
€320,814
2024 · €339,314-€18,500
Largest movements
Assets
- Receivables within one year -€12,133
down €12,133 (-17.8%), from €67,990 to €55,857
of which Other amounts receivable: -€17,511
Equity and liabilities
- Debts after one year -€18,635
down €18,635 (-21.8%), from €85,633 to €66,997
Income statement
- Staff costs -€66,652
down €66,652 (-49.7%), from €134,078 to €67,426
- Gross operating margin -€26,641
down €26,641 (-13.2%), from €202,432 to €175,790
- Taxes +€10,862
up €10,862 (+87.1%), from €12,468 to €23,329
- Financial income -€4,864
down €4,864 (-57.2%), from €8,501 to €3,637
- Depreciation +€3,081
up €3,081 (+19.7%), from €15,661 to €18,742
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.
Result 2024
€38,662
Gross operating margin
-€26,641
Staff costs
+€66,652
Depreciation
-€3,081
Other operating charges
-€444
Financial income
-€4,864
Financial charges
+€221
Taxes
-€10,862
Result 2025
€59,643
raises the resultlowers the result
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.
From operations
+€95,656
Investment
-€18,600
Financing
-€79,690
Cash 2024
€79,529
From operations (derived)
+€95,656
Net result for the year
+€59,643
Depreciation
+€18,742
Stocks and contracts
+€3,063
Receivables within one year
+€12,133
Deferred charges and accrued income
+€528
Trade debts
+€192
Tax, wage and social debts
+€2,446
Other debts
-€804
Accrued charges and deferred income
-€288
Investment (derived)
-€18,600
Investment in fixed assets (net)
-€18,600
Financing
-€79,690
Debts after one year
-€18,635
Current portion of long-term debt
+€946
Contributions, distributions and other
-€62,000
Cash 2025
€76,895
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €339,314 | €320,814 | -€18,500 | -5.5% |
| Fixed assets | 21/28 | €162,860 | €162,718 | -€142 | -0.1% |
| Intangible fixed assets | 21 | - | €659 | +€659 | |
| Tangible fixed assets | 22/27 | €162,860 | €162,059 | -€801 | -0.5% |
| Land and buildings | 22 | €154,568 | €143,951 | -€10,617 | -6.9% |
| Plant, machinery and equipment | 23 | €4,977 | €2,981 | -€1,996 | -40.1% |
| Furniture and vehicles | 24 | €3,315 | €15,126 | +€11,811 | +356% |
| Current assets | 29/58 | €176,454 | €158,096 | -€18,358 | -10.4% |
| Stocks and contracts in progress | 3 | €18,439 | €15,375 | -€3,063 | -16.6% |
| Stocks | 30/36 | €18,439 | €15,375 | -€3,063 | -16.6% |
| Amounts receivable within one year | 40/41 | €67,990 | €55,857 | -€12,133 | -17.8% |
| Trade receivables | 40 | €2,465 | €7,843 | +€5,378 | +218% |
| Other amounts receivable | 41 | €65,525 | €48,013 | -€17,511 | -26.7% |
| Cash at bank and in hand | 54/58 | €79,529 | €76,895 | -€2,634 | -3.3% |
| Deferred charges and accrued income | 490/1 | €10,497 | €9,969 | -€528 | -5.0% |
| Total equity and liabilities | 10/49 | €339,314 | €320,814 | -€18,500 | -5.5% |
| Equity | 10/15 | €217,084 | €214,727 | -€2,357 | -1.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €198,484 | €196,127 | -€2,357 | -1.2% |
| Distributable reserves | 133 | €198,484 | €196,127 | -€2,357 | -1.2% |
| Amounts payable | 17/49 | €122,230 | €106,087 | -€16,143 | -13.2% |
| Amounts payable after more than one year | 17 | €85,633 | €66,997 | -€18,635 | -21.8% |
| Financial debts | 170/4 | €85,633 | €66,997 | -€18,635 | -21.8% |
| Amounts payable within one year | 42/48 | €36,147 | €38,927 | +€2,780 | +7.7% |
| Current portion of amounts payable after more than one year | 42 | €17,690 | €18,635 | +€946 | +5.3% |
| Trade debts | 44 | €7,644 | €7,836 | +€192 | +2.5% |
| Suppliers | 440/4 | €7,644 | €7,836 | +€192 | +2.5% |
| Taxes, remuneration and social security | 45 | €4,009 | €6,456 | +€2,446 | +61.0% |
| Taxes | 450/3 | €3,864 | €4,844 | +€980 | +25.4% |
| Remuneration and social security | 454/9 | €146 | €1,612 | +€1,466 | +1,007% |
| Other amounts payable | 47/48 | €6,804 | €6,000 | -€804 | -11.8% |
| Accrued charges and deferred income | 492/3 | €450 | €162 | -€288 | -64.0% |
| Non-recurring operating income | 76A | - | €36,706 | +€36,706 | |
| Remuneration, social security and pensions | 62 | €134,078 | €67,426 | -€66,652 | -49.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,661 | €18,742 | +€3,081 | +19.7% |
| Other operating charges | 640/8 | €3,736 | €4,181 | +€444 | +11.9% |
| Gross operating margin | 9900 | €202,432 | €175,790 | -€26,641 | -13.2% |
| Operating profit (loss) | 9901 | €48,956 | €85,441 | +€36,486 | +74.5% |
| Financial income | 75/76B | €8,501 | €3,637 | -€4,864 | -57.2% |
| Recurring financial income | 75 | €8,501 | €3,637 | -€4,864 | -57.2% |
| Financial charges | 65/66B | €6,327 | €6,106 | -€221 | -3.5% |
| Recurring financial charges | 65 | €6,327 | €6,106 | -€221 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €51,130 | €82,972 | +€31,842 | +62.3% |
| Income taxes | 67/77 | €12,468 | €23,329 | +€10,862 | +87.1% |
| Profit (loss) for the period | 9904 | €38,662 | €59,643 | +€20,981 | +54.3% |
| Profit (loss) for the period to be appropriated | 9905 | €38,662 | €59,643 | +€20,981 | +54.3% |
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 29 October 2026 via checked.be.