ATELIER 19: 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 19
Largest movements
- Cash +€75,665
up €75,665 (+61.3%), from €123,450 to €199,115
mainly Net result for the year (+€66,728) and Tax, wage and social debts (+€20,107)
- Tangible fixed assets +€2,637
up €2,637 (+27.0%), from €9,780 to €12,417
of which Other tangible fixed assets: +€2,416
- Reserves +€61,728
up €61,728 (+56.7%), from €108,948 to €170,676
- Tax, wage and social debts +€20,107
up €20,107 (+76.5%), from €26,271 to €46,377
- Gross operating margin +€7,769
up €7,769 (+9.1%), from €85,687 to €93,456
- Taxes +€1,809
up €1,809 (+11.0%), from €16,417 to €18,225
- Depreciation +€1,396
up €1,396 (+42.5%), from €3,285 to €4,681
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 | €150,191 | €230,986 | +€80,795 | +53.8% |
| Fixed assets | 21/28 | €9,780 | €12,417 | +€2,637 | +27.0% |
| Tangible fixed assets | 22/27 | €9,780 | €12,417 | +€2,637 | +27.0% |
| Plant, machinery and equipment | 23 | €2,079 | €1,547 | -€532 | -25.6% |
| Furniture and vehicles | 24 | €7,701 | €8,453 | +€752 | +9.8% |
| Other tangible fixed assets | 26 | - | €2,416 | +€2,416 | |
| Current assets | 29/58 | €140,411 | €218,570 | +€78,159 | +55.7% |
| Amounts receivable within one year | 40/41 | €16,469 | €17,710 | +€1,241 | +7.5% |
| Trade receivables | 40 | €16,469 | €17,710 | +€1,241 | +7.5% |
| Cash at bank and in hand | 54/58 | €123,450 | €199,115 | +€75,665 | +61.3% |
| Deferred charges and accrued income | 490/1 | €492 | €1,745 | +€1,253 | +255% |
| Total equity and liabilities | 10/49 | €150,191 | €230,986 | +€80,795 | +53.8% |
| Equity | 10/15 | €118,948 | €180,676 | +€61,728 | +51.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €108,948 | €170,676 | +€61,728 | +56.7% |
| Distributable reserves | 133 | €108,948 | €170,676 | +€61,728 | +56.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €31,243 | €50,310 | +€19,067 | +61.0% |
| Amounts payable within one year | 42/48 | €31,243 | €50,310 | +€19,067 | +61.0% |
| Trade debts | 44 | €2,505 | €1,542 | -€963 | -38.5% |
| Suppliers | 440/4 | €2,505 | €1,542 | -€963 | -38.5% |
| Taxes, remuneration and social security | 45 | €26,271 | €46,377 | +€20,107 | +76.5% |
| Taxes | 450/3 | €26,271 | €46,377 | +€20,107 | +76.5% |
| Other amounts payable | 47/48 | €2,468 | €2,391 | -€76 | -3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,285 | €4,681 | +€1,396 | +42.5% |
| Other operating charges | 640/8 | €812 | €820 | +€8 | +1.0% |
| Gross operating margin | 9900 | €85,687 | €93,456 | +€7,769 | +9.1% |
| Operating profit (loss) | 9901 | €81,590 | €87,955 | +€6,364 | +7.8% |
| Financial income | 75/76B | €0 | €0 | -€0 | -83.3% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -83.3% |
| Financial charges | 65/66B | €2,999 | €3,001 | +€1 | 0.0% |
| Recurring financial charges | 65 | €2,999 | €3,001 | +€1 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €78,591 | €84,954 | +€6,363 | +8.1% |
| Income taxes | 67/77 | €16,417 | €18,225 | +€1,809 | +11.0% |
| Profit (loss) for the period | 9904 | €62,174 | €66,728 | +€4,554 | +7.3% |
| Profit (loss) for the period to be appropriated | 9905 | €62,174 | €66,728 | +€4,554 | +7.3% |
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 24 October 2026 via checked.be.