ATELIER 33: 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 33
Largest movements
- Cash +€57,400
up €57,400 (+40.9%), from €140,404 to €197,804
mainly Net result for the year (+€85,543) and Depreciation (+€52,640)
- Current investments +€51,845
up €51,845 (+54.9%), from €94,412 to €146,258
- Tangible fixed assets -€27,568
down €27,568 (-24.3%), from €113,513 to €85,946
of which Furniture and vehicles: -€19,035
- Receivables within one year +€5,734
up €5,734 (+32.7%), from €17,545 to €23,279
of which Trade receivables: +€4,451
- Reserves +€85,543
up €85,543 (+32.9%), from €260,246 to €345,788
- Trade debts +€6,619
up €6,619, from €0 to €6,619
- Gross operating margin +€50,325
up €50,325 (+28.6%), from €175,854 to €226,178
- Taxes +€14,212
up €14,212 (+75.8%), from €18,757 to €32,969
- Staff costs +€4,093
up €4,093 (+9.1%), from €45,025 to €49,118
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 | €367,517 | €454,201 | +€86,684 | +23.6% |
| Fixed assets | 21/28 | €113,513 | €85,946 | -€27,568 | -24.3% |
| Tangible fixed assets | 22/27 | €113,513 | €85,946 | -€27,568 | -24.3% |
| Land and buildings | 22 | €1,789 | €0 | -€1,789 | -100% |
| Plant, machinery and equipment | 23 | €51,707 | €46,319 | -€5,387 | -10.4% |
| Furniture and vehicles | 24 | €55,664 | €36,628 | -€19,035 | -34.2% |
| Other tangible fixed assets | 26 | €4,354 | €2,998 | -€1,356 | -31.1% |
| Current assets | 29/58 | €254,004 | €368,256 | +€114,252 | +45.0% |
| Amounts receivable within one year | 40/41 | €17,545 | €23,279 | +€5,734 | +32.7% |
| Trade receivables | 40 | €6,860 | €11,312 | +€4,451 | +64.9% |
| Other amounts receivable | 41 | €10,685 | €11,967 | +€1,282 | +12.0% |
| Current investments | 50/53 | €94,412 | €146,258 | +€51,845 | +54.9% |
| Cash at bank and in hand | 54/58 | €140,404 | €197,804 | +€57,400 | +40.9% |
| Deferred charges and accrued income | 490/1 | €1,643 | €916 | -€727 | -44.3% |
| Total equity and liabilities | 10/49 | €367,517 | €454,201 | +€86,684 | +23.6% |
| Equity | 10/15 | €340,246 | €425,788 | +€85,543 | +25.1% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €260,246 | €345,788 | +€85,543 | +32.9% |
| Distributable reserves | 133 | €260,246 | €345,788 | +€85,543 | +32.9% |
| Amounts payable | 17/49 | €27,272 | €28,413 | +€1,141 | +4.2% |
| Amounts payable within one year | 42/48 | €27,272 | €28,413 | +€1,141 | +4.2% |
| Trade debts | 44 | €0 | €6,619 | +€6,619 | |
| Suppliers | 440/4 | €0 | €6,619 | +€6,619 | |
| Taxes, remuneration and social security | 45 | €21,800 | €18,990 | -€2,810 | -12.9% |
| Taxes | 450/3 | €14,476 | €10,038 | -€4,438 | -30.7% |
| Remuneration and social security | 454/9 | €7,325 | €8,952 | +€1,628 | +22.2% |
| Other amounts payable | 47/48 | €5,471 | €2,804 | -€2,667 | -48.8% |
| Remuneration, social security and pensions | 62 | €45,025 | €49,118 | +€4,093 | +9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,606 | €52,640 | -€966 | -1.8% |
| Other operating charges | 640/8 | €8,132 | €7,833 | -€299 | -3.7% |
| Non-recurring operating charges | 66A | - | €584 | +€584 | |
| Gross operating margin | 9900 | €175,854 | €226,178 | +€50,325 | +28.6% |
| Operating profit (loss) | 9901 | €69,091 | €116,004 | +€46,913 | +67.9% |
| Financial income | 75/76B | €365 | €2,578 | +€2,212 | +606% |
| Recurring financial income | 75 | €365 | €2,578 | +€2,212 | +606% |
| Financial charges | 65/66B | €101 | €71 | -€30 | -30.0% |
| Recurring financial charges | 65 | €101 | €71 | -€30 | -30.0% |
| Profit (loss) for the period before taxes | 9903 | €69,355 | €118,511 | +€49,156 | +70.9% |
| Income taxes | 67/77 | €18,757 | €32,969 | +€14,212 | +75.8% |
| Profit (loss) for the period | 9904 | €50,599 | €85,543 | +€34,944 | +69.1% |
| Profit (loss) for the period to be appropriated | 9905 | €50,599 | €85,543 | +€34,944 | +69.1% |
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.