ATELIER 40: 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 40
Largest movements
- Receivables within one year +€19,739
up €19,739 (+29.2%), from €67,655 to €87,394
of which Trade receivables: +€20,107
- Cash -€14,103
down €14,103 (-33.4%), from €42,281 to €28,177
mainly Receivables within one year (-€19,739) and Trade debts (-€11,778)
- Tangible fixed assets -€3,072
down €3,072 (-5.2%), from €59,163 to €56,091
- Trade debts -€11,778
down €11,778 (-52.8%), from €22,291 to €10,512
- Profit (loss) carried forward +€10,399
up €10,399 (+28.6%), from €36,319 to €46,718
- Accrued charges and deferred income +€5,100
new in 2025: €5,100
- Other debts -€2,787
down €2,787 (-31.8%), from €8,762 to €5,974
- Gross operating margin +€5,050
up €5,050 (+29.5%), from €17,102 to €22,152
- Other operating charges +€1,579
up €1,579 (+48.9%), from €3,231 to €4,810
- Taxes +€1,138
up €1,138 (+43.0%), from €2,647 to €3,786
- Depreciation -€372
down €372 (-10.8%), from €3,444 to €3,072
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 | €169,099 | €171,663 | +€2,564 | +1.5% |
| Fixed assets | 21/28 | €59,163 | €56,091 | -€3,072 | -5.2% |
| Tangible fixed assets | 22/27 | €59,163 | €56,091 | -€3,072 | -5.2% |
| Land and buildings | 22 | €59,163 | €56,091 | -€3,072 | -5.2% |
| Current assets | 29/58 | €109,935 | €115,572 | +€5,636 | +5.1% |
| Amounts receivable within one year | 40/41 | €67,655 | €87,394 | +€19,739 | +29.2% |
| Trade receivables | 40 | €37,078 | €57,185 | +€20,107 | +54.2% |
| Other amounts receivable | 41 | €30,577 | €30,209 | -€368 | -1.2% |
| Cash at bank and in hand | 54/58 | €42,281 | €28,177 | -€14,103 | -33.4% |
| Total equity and liabilities | 10/49 | €169,099 | €171,663 | +€2,564 | +1.5% |
| Equity | 10/15 | €133,987 | €144,386 | +€10,399 | +7.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €72,668 | €72,668 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €70,168 | €70,168 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,319 | €46,718 | +€10,399 | +28.6% |
| Amounts payable | 17/49 | €35,111 | €27,277 | -€7,835 | -22.3% |
| Amounts payable within one year | 42/48 | €35,111 | €22,177 | -€12,935 | -36.8% |
| Trade debts | 44 | €22,291 | €10,512 | -€11,778 | -52.8% |
| Suppliers | 440/4 | €22,291 | €10,512 | -€11,778 | -52.8% |
| Taxes, remuneration and social security | 45 | €4,059 | €5,690 | +€1,631 | +40.2% |
| Taxes | 450/3 | €4,059 | €5,690 | +€1,631 | +40.2% |
| Other amounts payable | 47/48 | €8,762 | €5,974 | -€2,787 | -31.8% |
| Accrued charges and deferred income | 492/3 | - | €5,100 | +€5,100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,444 | €3,072 | -€372 | -10.8% |
| Other operating charges | 640/8 | €3,231 | €4,810 | +€1,579 | +48.9% |
| Gross operating margin | 9900 | €17,102 | €22,152 | +€5,050 | +29.5% |
| Operating profit (loss) | 9901 | €10,427 | €14,270 | +€3,843 | +36.9% |
| Financial charges | 65/66B | €52 | €85 | +€34 | +65.8% |
| Recurring financial charges | 65 | €52 | €85 | +€34 | +65.8% |
| Profit (loss) for the period before taxes | 9903 | €10,376 | €14,185 | +€3,809 | +36.7% |
| Income taxes | 67/77 | €2,647 | €3,786 | +€1,138 | +43.0% |
| Profit (loss) for the period | 9904 | €7,728 | €10,399 | +€2,671 | +34.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,728 | €10,399 | +€2,671 | +34.6% |
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.