ATELIER 26: 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 26
Largest movements
- Current investments +€64,870
up €64,870 (+12.0%), from €541,194 to €606,065
- Receivables within one year +€62,626
up €62,626 (+25.0%), from €250,982 to €313,608
of which Trade receivables: +€49,062
- Tangible fixed assets +€24,354
up €24,354 (+125%), from €19,525 to €43,880
of which Other tangible fixed assets: +€28,793
- Other debts +€342,491
up €342,491 (+80.7%), from €424,141 to €766,632
- Reserves -€240,754
down €240,754 (-28.9%), from €832,233 to €591,480
- Tax, wage and social debts +€24,690
up €24,690 (+25.1%), from €98,346 to €123,036
of which Taxes: +€23,470
- Trade debts +€24,022
up €24,022 (+102%), from €23,652 to €47,675
- Financial income -€30,121
down €30,121 (-89.3%), from €33,748 to €3,627
- Staff costs +€28,764
up €28,764 (+6.1%), from €469,928 to €498,691
- Taxes -€23,564
down €23,564 (-27.0%), from €87,131 to €63,567
- Gross operating margin -€8,871
down €8,871 (-1.2%), from €754,038 to €745,166
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 | €1,402,188 | €1,549,924 | +€147,736 | +10.5% |
| Fixed assets | 21/28 | €19,525 | €43,880 | +€24,354 | +125% |
| Tangible fixed assets | 22/27 | €19,525 | €43,880 | +€24,354 | +125% |
| Plant, machinery and equipment | 23 | €8,280 | €4,653 | -€3,628 | -43.8% |
| Furniture and vehicles | 24 | €11,245 | €10,434 | -€811 | -7.2% |
| Other tangible fixed assets | 26 | - | €28,793 | +€28,793 | |
| Current assets | 29/58 | €1,382,663 | €1,506,044 | +€123,381 | +8.9% |
| Stocks and contracts in progress | 3 | €16,921 | €18,300 | +€1,379 | +8.1% |
| Stocks | 30/36 | €16,921 | €18,300 | +€1,379 | +8.1% |
| Amounts receivable within one year | 40/41 | €250,982 | €313,608 | +€62,626 | +25.0% |
| Trade receivables | 40 | €247,754 | €296,816 | +€49,062 | +19.8% |
| Other amounts receivable | 41 | €3,228 | €16,792 | +€13,564 | +420% |
| Current investments | 50/53 | €541,194 | €606,065 | +€64,870 | +12.0% |
| Cash at bank and in hand | 54/58 | €565,053 | €559,257 | -€5,797 | -1.0% |
| Deferred charges and accrued income | 490/1 | €8,512 | €8,815 | +€303 | +3.6% |
| Total equity and liabilities | 10/49 | €1,402,188 | €1,549,924 | +€147,736 | +10.5% |
| Equity | 10/15 | €852,619 | €611,865 | -€240,754 | -28.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €832,233 | €591,480 | -€240,754 | -28.9% |
| Distributable reserves | 133 | €832,233 | €591,480 | -€240,754 | -28.9% |
| Profit (loss) carried forward | 14 | €1,786 | €1,786 | = | 0.0% |
| Amounts payable | 17/49 | €549,569 | €938,059 | +€388,489 | +70.7% |
| Amounts payable within one year | 42/48 | €546,139 | €937,342 | +€391,203 | +71.6% |
| Trade debts | 44 | €23,652 | €47,675 | +€24,022 | +102% |
| Suppliers | 440/4 | €23,652 | €47,675 | +€24,022 | +102% |
| Taxes, remuneration and social security | 45 | €98,346 | €123,036 | +€24,690 | +25.1% |
| Taxes | 450/3 | €31,493 | €54,964 | +€23,470 | +74.5% |
| Remuneration and social security | 454/9 | €66,852 | €68,072 | +€1,220 | +1.8% |
| Other amounts payable | 47/48 | €424,141 | €766,632 | +€342,491 | +80.7% |
| Accrued charges and deferred income | 492/3 | €3,430 | €716 | -€2,714 | -79.1% |
| Remuneration, social security and pensions | 62 | €469,928 | €498,691 | +€28,764 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,328 | €11,325 | -€3 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €4,932 | €5,787 | +€854 | +17.3% |
| Gross operating margin | 9900 | €754,038 | €745,166 | -€8,871 | -1.2% |
| Operating profit (loss) | 9901 | €267,850 | €229,364 | -€38,486 | -14.4% |
| Financial income | 75/76B | €33,748 | €3,627 | -€30,121 | -89.3% |
| Recurring financial income | 75 | €33,748 | €3,627 | -€30,121 | -89.3% |
| Financial charges | 65/66B | €27,692 | €30,006 | +€2,314 | +8.4% |
| Recurring financial charges | 65 | €27,692 | €30,006 | +€2,314 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | €273,906 | €202,985 | -€70,921 | -25.9% |
| Income taxes | 67/77 | €87,131 | €63,567 | -€23,564 | -27.0% |
| Profit (loss) for the period | 9904 | €186,775 | €139,418 | -€47,357 | -25.4% |
| Profit (loss) for the period to be appropriated | 9905 | €186,775 | €139,418 | -€47,357 | -25.4% |
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 31 October 2026 via checked.be.