ATELIER 20: 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 20
Largest movements
- Cash +€8,815
up €8,815 (+77.7%), from €11,340 to €20,156
mainly Net result for the year (+€9,511) and Deferred charges and accrued income (+€1,251)
- Deferred charges and accrued income -€1,251
no longer reported in 2025 (was €1,251)
- Receivables within one year -€745
down €745 (-52.4%), from €1,422 to €677
- Profit (loss) carried forward +€9,511
up €9,511 (+35.7%), from -€26,637 to -€17,126
- Trade debts -€2,081
down €2,081 (-57.4%), from €3,628 to €1,547
- Contributions +€1,860
up €1,860 (+10.0%), from €18,592 to €20,452
of which Contributions outside capital: +€20,452
- Reserves -€1,860
down €1,860 (-11.0%), from €16,860 to €15,000
of which Non-distributable reserves: -€1,860
- Other debts -€841
down €841 (-40.5%), from €2,078 to €1,237
- Gross operating margin +€6,286
up €6,286 (+157%), from €3,997 to €10,283
- Taxes +€230
new in 2025: €230
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 | €14,522 | €21,341 | +€6,819 | +47.0% |
| Fixed assets | 21/28 | €508 | €508 | = | 0.0% |
| Financial fixed assets | 28 | €508 | €508 | = | 0.0% |
| Current assets | 29/58 | €14,014 | €20,832 | +€6,819 | +48.7% |
| Amounts receivable within one year | 40/41 | €1,422 | €677 | -€745 | -52.4% |
| Other amounts receivable | 41 | €1,422 | €677 | -€745 | -52.4% |
| Cash at bank and in hand | 54/58 | €11,340 | €20,156 | +€8,815 | +77.7% |
| Deferred charges and accrued income | 490/1 | €1,251 | - | -€1,251 | |
| Total equity and liabilities | 10/49 | €14,522 | €21,341 | +€6,819 | +47.0% |
| Equity | 10/15 | €8,815 | €18,326 | +€9,511 | +108% |
| Contributions | 10/11 | €18,592 | €20,452 | +€1,860 | +10.0% |
| Capital | 10 | €18,592 | - | -€18,592 | |
| Issued capital | 100 | €18,592 | - | -€18,592 | |
| Contributions outside capital | 11 | - | €20,452 | +€20,452 | |
| Share premium | 1100/10 | - | €20,452 | +€20,452 | |
| Reserves | 13 | €16,860 | €15,000 | -€1,860 | -11.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,637 | -€17,126 | +€9,511 | +35.7% |
| Amounts payable | 17/49 | €5,707 | €3,015 | -€2,692 | -47.2% |
| Amounts payable within one year | 42/48 | €5,707 | €3,015 | -€2,692 | -47.2% |
| Trade debts | 44 | €3,628 | €1,547 | -€2,081 | -57.4% |
| Suppliers | 440/4 | €3,628 | €1,547 | -€2,081 | -57.4% |
| Taxes, remuneration and social security | 45 | - | €230 | +€230 | |
| Taxes | 450/3 | - | €230 | +€230 | |
| Other amounts payable | 47/48 | €2,078 | €1,237 | -€841 | -40.5% |
| Other operating charges | 640/8 | €74 | €78 | +€4 | +5.8% |
| Gross operating margin | 9900 | €3,997 | €10,283 | +€6,286 | +157% |
| Operating profit (loss) | 9901 | €3,923 | €10,205 | +€6,282 | +160% |
| Financial income | 75/76B | €74 | €1 | -€74 | -99.1% |
| Recurring financial income | 75 | €74 | €1 | -€74 | -99.1% |
| Financial charges | 65/66B | €382 | €464 | +€82 | +21.5% |
| Recurring financial charges | 65 | €382 | €464 | +€82 | +21.5% |
| Profit (loss) for the period before taxes | 9903 | €3,616 | €9,741 | +€6,126 | +169% |
| Income taxes | 67/77 | - | €230 | +€230 | |
| Profit (loss) for the period | 9904 | €3,616 | €9,511 | +€5,896 | +163% |
| Profit (loss) for the period to be appropriated | 9905 | €3,616 | €9,511 | +€5,896 | +163% |
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 16 October 2026 via checked.be.