atelier-21: 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-21
Largest movements
- Tangible fixed assets +€61,322
up €61,322 (+33.5%), from €183,157 to €244,479
of which Land and buildings: +€62,599
- Cash +€31,067
up €31,067 (+192%), from €16,189 to €47,256
mainly Debts after one year (+€52,009) and Trade debts (+€41,655)
- Receivables within one year +€9,608
up €9,608 (+25.1%), from €38,242 to €47,850
of which Trade receivables: +€8,896
- Deferred charges and accrued income +€6,790
up €6,790 (+12,421%), from €55 to €6,845
- Debts after one year +€52,009
up €52,009 (+33.7%), from €154,202 to €206,211
- Trade debts +€41,655
up €41,655 (+404%), from €10,304 to €51,960
- Profit (loss) carried forward +€14,428
up €14,428 (+29.3%), from €49,261 to €63,689
- Gross operating margin +€30,819
up €30,819 (+384%), from €8,032 to €38,851
- Financial charges +€6,895
up €6,895 (+305%), from €2,259 to €9,154
- Depreciation +€5,452
up €5,452 (+98.5%), from €5,533 to €10,985
- Taxes +€2,497
up €2,497 (+859%), from €291 to €2,788
- Other operating charges +€718
up €718 (+92.2%), from €778 to €1,496
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 | €238,655 | €346,430 | +€107,776 | +45.2% |
| Fixed assets | 21/28 | €184,169 | €244,479 | +€60,310 | +32.7% |
| Intangible fixed assets | 21 | €1,012 | €0 | -€1,012 | -100% |
| Tangible fixed assets | 22/27 | €183,157 | €244,479 | +€61,322 | +33.5% |
| Land and buildings | 22 | €181,001 | €243,600 | +€62,599 | +34.6% |
| Plant, machinery and equipment | 23 | €307 | €141 | -€167 | -54.2% |
| Furniture and vehicles | 24 | €1,849 | €738 | -€1,111 | -60.1% |
| Current assets | 29/58 | €54,486 | €101,952 | +€47,466 | +87.1% |
| Amounts receivable within one year | 40/41 | €38,242 | €47,850 | +€9,608 | +25.1% |
| Trade receivables | 40 | €38,242 | €47,138 | +€8,896 | +23.3% |
| Other amounts receivable | 41 | €0 | €712 | +€712 | |
| Cash at bank and in hand | 54/58 | €16,189 | €47,256 | +€31,067 | +192% |
| Deferred charges and accrued income | 490/1 | €55 | €6,845 | +€6,790 | +12,421% |
| Total equity and liabilities | 10/49 | €238,655 | €346,430 | +€107,776 | +45.2% |
| Equity | 10/15 | €50,461 | €64,889 | +€14,428 | +28.6% |
| Contributions | 10/11 | €1,200 | €1,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,261 | €63,689 | +€14,428 | +29.3% |
| Amounts payable | 17/49 | €188,193 | €281,541 | +€93,348 | +49.6% |
| Amounts payable after more than one year | 17 | €154,202 | €206,211 | +€52,009 | +33.7% |
| Financial debts | 170/4 | €154,202 | €206,211 | +€52,009 | +33.7% |
| Amounts payable within one year | 42/48 | €33,178 | €74,646 | +€41,468 | +125% |
| Current portion of amounts payable after more than one year | 42 | €5,354 | €5,572 | +€218 | +4.1% |
| Trade debts | 44 | €10,304 | €51,960 | +€41,655 | +404% |
| Suppliers | 440/4 | €10,304 | €51,960 | +€41,655 | +404% |
| Taxes, remuneration and social security | 45 | €10,157 | €9,752 | -€405 | -4.0% |
| Taxes | 450/3 | €10,157 | €9,752 | -€405 | -4.0% |
| Other amounts payable | 47/48 | €7,363 | €7,363 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €813 | €684 | -€129 | -15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,533 | €10,985 | +€5,452 | +98.5% |
| Other operating charges | 640/8 | €778 | €1,496 | +€718 | +92.2% |
| Gross operating margin | 9900 | €8,032 | €38,851 | +€30,819 | +384% |
| Operating profit (loss) | 9901 | €1,720 | €26,370 | +€24,649 | +1,433% |
| Financial income | 75/76B | €0 | €0 | = | |
| Recurring financial income | 75 | €0 | €0 | = | |
| Financial charges | 65/66B | €2,259 | €9,154 | +€6,895 | +305% |
| Recurring financial charges | 65 | €2,259 | €9,154 | +€6,895 | +305% |
| Profit (loss) for the period before taxes | 9903 | -€539 | €17,215 | +€17,754 | |
| Income taxes | 67/77 | €291 | €2,788 | +€2,497 | +859% |
| Profit (loss) for the period | 9904 | -€829 | €14,428 | +€15,257 | |
| Profit (loss) for the period to be appropriated | 9905 | -€829 | €14,428 | +€15,257 |
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 28 October 2026 via checked.be.