Atelier 135: 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.
Atelier 135
Largest movements
- Tangible fixed assets -€21,230
down €21,230 (-22.0%), from €96,413 to €75,182
of which Furniture and vehicles: -€15,089
- Stocks and contracts -€3,400
down €3,400 (-19.0%), from €17,910 to €14,510
- Cash +€3,279
up €3,279, from €0 to €3,279
mainly Investment in fixed assets (net) (+€11,906) and Depreciation (+€9,325)
- Deferred charges and accrued income +€1,397
up €1,397 (+63.7%), from €2,194 to €3,591
- Receivables within one year -€1,287
down €1,287 (-19.1%), from €6,735 to €5,448
of which Trade receivables: -€3,189
- Debts after one year -€8,428
down €8,428 (-38.4%), from €21,946 to €13,518
- Short-term financial debts -€6,672
down €6,672 (-59.1%), from €11,281 to €4,608
- Tax, wage and social debts -€5,773
down €5,773 (-60.7%), from €9,514 to €3,741
- Other debts +€2,687
up €2,687 (+7.9%), from €33,966 to €36,653
- Trade debts -€1,734
down €1,734 (-37.9%), from €4,573 to €2,839
- Gross operating margin +€14,144
up €14,144 (+146%), from €9,688 to €23,832
- Financial charges +€4,301
up €4,301 (+92.5%), from €4,650 to €8,952
- Taxes +€991
up €991 (+21.2%), from €4,679 to €5,670
- Other operating charges +€360
up €360 (+27.9%), from €1,291 to €1,651
- Financial income -€264
down €264 (-81.9%), from €322 to €58
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 | €123,551 | €102,309 | -€21,242 | -17.2% |
| Fixed assets | 21/28 | €96,713 | €75,482 | -€21,230 | -22.0% |
| Tangible fixed assets | 22/27 | €96,413 | €75,182 | -€21,230 | -22.0% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €2,332 | €1,540 | -€793 | -34.0% |
| Furniture and vehicles | 24 | €18,425 | €3,336 | -€15,089 | -81.9% |
| Other tangible fixed assets | 26 | €75,655 | €70,307 | -€5,349 | -7.1% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €26,839 | €26,827 | -€12 | 0.0% |
| Stocks and contracts in progress | 3 | €17,910 | €14,510 | -€3,400 | -19.0% |
| Stocks | 30/36 | €17,910 | €14,510 | -€3,400 | -19.0% |
| Amounts receivable within one year | 40/41 | €6,735 | €5,448 | -€1,287 | -19.1% |
| Trade receivables | 40 | €6,412 | €3,223 | -€3,189 | -49.7% |
| Other amounts receivable | 41 | €322 | €2,225 | +€1,902 | +590% |
| Cash at bank and in hand | 54/58 | €0 | €3,279 | +€3,279 | |
| Deferred charges and accrued income | 490/1 | €2,194 | €3,591 | +€1,397 | +63.7% |
| Total equity and liabilities | 10/49 | €123,551 | €102,309 | -€21,242 | -17.2% |
| Equity | 10/15 | €32,825 | €31,118 | -€1,707 | -5.2% |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Reserves | 13 | €23,825 | €22,118 | -€1,707 | -7.2% |
| Distributable reserves | 133 | €23,825 | €22,118 | -€1,707 | -7.2% |
| Amounts payable | 17/49 | €90,727 | €71,192 | -€19,535 | -21.5% |
| Amounts payable after more than one year | 17 | €21,946 | €13,518 | -€8,428 | -38.4% |
| Financial debts | 170/4 | €21,946 | €13,518 | -€8,428 | -38.4% |
| Amounts payable within one year | 42/48 | €67,376 | €56,270 | -€11,106 | -16.5% |
| Current portion of amounts payable after more than one year | 42 | €8,043 | €8,428 | +€385 | +4.8% |
| Financial debts | 43 | €11,281 | €4,608 | -€6,672 | -59.1% |
| Credit institutions | 430/8 | €11,281 | €4,608 | -€6,672 | -59.1% |
| Trade debts | 44 | €4,573 | €2,839 | -€1,734 | -37.9% |
| Suppliers | 440/4 | €4,573 | €2,839 | -€1,734 | -37.9% |
| Taxes, remuneration and social security | 45 | €9,514 | €3,741 | -€5,773 | -60.7% |
| Taxes | 450/3 | €9,514 | €3,741 | -€5,773 | -60.7% |
| Other amounts payable | 47/48 | €33,966 | €36,653 | +€2,687 | +7.9% |
| Accrued charges and deferred income | 492/3 | €1,404 | €1,404 | = | 0.0% |
| Non-recurring operating income | 76A | - | €6,719 | +€6,719 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,246 | €9,325 | +€78 | +0.8% |
| Other operating charges | 640/8 | €1,291 | €1,651 | +€360 | +27.9% |
| Gross operating margin | 9900 | €9,688 | €23,832 | +€14,144 | +146% |
| Operating profit (loss) | 9901 | -€850 | €12,856 | +€13,706 | |
| Financial income | 75/76B | €322 | €58 | -€264 | -81.9% |
| Recurring financial income | 75 | €322 | €58 | -€264 | -81.9% |
| Financial charges | 65/66B | €4,650 | €8,952 | +€4,301 | +92.5% |
| Recurring financial charges | 65 | €4,650 | €8,952 | +€4,301 | +92.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,179 | €3,963 | +€9,142 | |
| Income taxes | 67/77 | €4,679 | €5,670 | +€991 | +21.2% |
| Profit (loss) for the period | 9904 | -€9,857 | -€1,707 | +€8,150 | +82.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,857 | -€1,707 | +€8,150 | +82.7% |
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.