ATELIER 7: 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 7
Largest movements
- Stocks and contracts -€18,725
down €18,725 (-20.1%), from €93,153 to €74,428
of which Contracts in progress: -€19,863
- Receivables within one year +€13,730
up €13,730 (+111%), from €12,423 to €26,153
of which Other amounts receivable: +€18,094
- Cash -€12,454
down €12,454 (-23.7%), from €52,522 to €40,068
mainly Contributions, distributions and other (-€19,862) and Receivables within one year (-€13,730)
- Tangible fixed assets -€9,241
down €9,241 (-30.8%), from €30,046 to €20,804
of which Furniture and vehicles: -€6,530
- Receivables after one year +€6,000
up €6,000 (+60.0%), from €10,000 to €16,000
- Reserves -€17,838
down €17,838 (-15.1%), from €118,059 to €100,221
- Other debts +€7,442
up €7,442 (+58.1%), from €12,805 to €20,248
- Trade debts -€6,645
down €6,645 (-25.9%), from €25,638 to €18,993
- Debts after one year -€5,107
down €5,107 (-59.7%), from €8,557 to €3,450
- Gross operating margin -€60,974
down €60,974 (-26.6%), from €229,392 to €168,418
- Taxes -€9,607
down €9,607 (-86.4%), from €11,114 to €1,507
- Staff costs +€2,985
up €2,985 (+2.0%), from €148,948 to €151,933
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 | €207,129 | €188,126 | -€19,003 | -9.2% |
| Fixed assets | 21/28 | €37,369 | €28,128 | -€9,241 | -24.7% |
| Tangible fixed assets | 22/27 | €30,046 | €20,804 | -€9,241 | -30.8% |
| Plant, machinery and equipment | 23 | €1,569 | €648 | -€921 | -58.7% |
| Furniture and vehicles | 24 | €16,922 | €10,393 | -€6,530 | -38.6% |
| Other tangible fixed assets | 26 | €11,554 | €9,764 | -€1,791 | -15.5% |
| Financial fixed assets | 28 | €7,323 | €7,323 | = | 0.0% |
| Current assets | 29/58 | €169,761 | €159,999 | -€9,762 | -5.8% |
| Amounts receivable after more than one year | 29 | €10,000 | €16,000 | +€6,000 | +60.0% |
| Other amounts receivable | 291 | €10,000 | €16,000 | +€6,000 | +60.0% |
| Stocks and contracts in progress | 3 | €93,153 | €74,428 | -€18,725 | -20.1% |
| Stocks | 30/36 | €56,515 | €57,653 | +€1,138 | +2.0% |
| Contracts in progress | 37 | €36,638 | €16,775 | -€19,863 | -54.2% |
| Amounts receivable within one year | 40/41 | €12,423 | €26,153 | +€13,730 | +111% |
| Trade receivables | 40 | €12,327 | €7,963 | -€4,364 | -35.4% |
| Other amounts receivable | 41 | €96 | €18,190 | +€18,094 | +18,791% |
| Cash at bank and in hand | 54/58 | €52,522 | €40,068 | -€12,454 | -23.7% |
| Deferred charges and accrued income | 490/1 | €1,663 | €3,350 | +€1,687 | +101% |
| Total equity and liabilities | 10/49 | €207,129 | €188,126 | -€19,003 | -9.2% |
| Equity | 10/15 | €124,609 | €106,771 | -€17,838 | -14.3% |
| Contributions | 10/11 | €6,550 | €6,550 | = | 0.0% |
| Reserves | 13 | €118,059 | €100,221 | -€17,838 | -15.1% |
| Distributable reserves | 133 | €118,059 | €100,221 | -€17,838 | -15.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €82,521 | €81,356 | -€1,165 | -1.4% |
| Amounts payable after more than one year | 17 | €8,557 | €3,450 | -€5,107 | -59.7% |
| Financial debts | 170/4 | €8,557 | €3,450 | -€5,107 | -59.7% |
| Amounts payable within one year | 42/48 | €73,964 | €76,446 | +€2,482 | +3.4% |
| Current portion of amounts payable after more than one year | 42 | €5,025 | €5,107 | +€81 | +1.6% |
| Financial debts | 43 | - | €562 | +€562 | |
| Credit institutions | 430/8 | - | €562 | +€562 | |
| Trade debts | 44 | €25,638 | €18,993 | -€6,645 | -25.9% |
| Suppliers | 440/4 | €25,638 | €18,993 | -€6,645 | -25.9% |
| Taxes, remuneration and social security | 45 | €30,496 | €31,536 | +€1,041 | +3.4% |
| Taxes | 450/3 | €19,207 | €12,833 | -€6,374 | -33.2% |
| Remuneration and social security | 454/9 | €11,289 | €18,703 | +€7,414 | +65.7% |
| Other amounts payable | 47/48 | €12,805 | €20,248 | +€7,442 | +58.1% |
| Accrued charges and deferred income | 492/3 | - | €1,460 | +€1,460 | |
| Remuneration, social security and pensions | 62 | €148,948 | €151,933 | +€2,985 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,405 | €9,241 | -€163 | -1.7% |
| Other operating charges | 640/8 | €5,184 | €4,679 | -€505 | -9.7% |
| Gross operating margin | 9900 | €229,392 | €168,418 | -€60,974 | -26.6% |
| Operating profit (loss) | 9901 | €65,856 | €2,565 | -€63,291 | -96.1% |
| Financial income | 75/76B | €120 | €1,347 | +€1,228 | +1,023% |
| Recurring financial income | 75 | €120 | €1,347 | +€1,228 | +1,023% |
| Financial charges | 65/66B | €513 | €382 | -€131 | -25.5% |
| Recurring financial charges | 65 | €513 | €382 | -€131 | -25.5% |
| Profit (loss) for the period before taxes | 9903 | €65,463 | €3,531 | -€61,932 | -94.6% |
| Income taxes | 67/77 | €11,114 | €1,507 | -€9,607 | -86.4% |
| Profit (loss) for the period | 9904 | €54,349 | €2,024 | -€52,326 | -96.3% |
| Profit (loss) for the period to be appropriated | 9905 | €54,349 | €2,024 | -€52,326 | -96.3% |
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 24 October 2026 via checked.be.