atelier AD: 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 AD
Largest movements
- Receivables within one year +€41,975
up €41,975 (+28.8%), from €145,612 to €187,587
of which Trade receivables: +€26,662
- Stocks and contracts -€25,000
down €25,000 (-100%), from €25,000 to €0
- Cash -€23,679
down €23,679 (-50.0%), from €47,368 to €23,689
mainly Trade debts (-€72,175) and Receivables within one year (-€41,975)
- Tangible fixed assets -€8,559
down €8,559 (-22.9%), from €37,402 to €28,842
of which Other tangible fixed assets: -€5,561
- Intangible fixed assets +€3,226
new in 2025: €3,226
- Trade debts -€72,175
down €72,175 (-75.2%), from €95,990 to €23,815
- Reserves +€60,130
up €60,130 (+48.8%), from €123,219 to €183,349
- Other debts +€3,766
up €3,766 (+91.1%), from €4,132 to €7,898
- Gross operating margin +€89,401
up €89,401 (+179%), from €49,899 to €139,300
- Taxes +€20,367
up €20,367 (+502%), from €4,060 to €24,427
- Staff costs +€15,850
up €15,850 (+56.6%), from €27,980 to €43,830
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 | €264,877 | €254,043 | -€10,834 | -4.1% |
| Fixed assets | 21/28 | €40,690 | €35,356 | -€5,334 | -13.1% |
| Intangible fixed assets | 21 | - | €3,226 | +€3,226 | |
| Tangible fixed assets | 22/27 | €37,402 | €28,842 | -€8,559 | -22.9% |
| Furniture and vehicles | 24 | €5,111 | €2,113 | -€2,999 | -58.7% |
| Other tangible fixed assets | 26 | €32,290 | €26,730 | -€5,561 | -17.2% |
| Financial fixed assets | 28 | €3,288 | €3,288 | = | 0.0% |
| Current assets | 29/58 | €224,187 | €218,687 | -€5,501 | -2.5% |
| Stocks and contracts in progress | 3 | €25,000 | €0 | -€25,000 | -100% |
| Contracts in progress | 37 | €25,000 | €0 | -€25,000 | -100% |
| Amounts receivable within one year | 40/41 | €145,612 | €187,587 | +€41,975 | +28.8% |
| Trade receivables | 40 | €140,218 | €166,880 | +€26,662 | +19.0% |
| Other amounts receivable | 41 | €5,394 | €20,707 | +€15,313 | +284% |
| Cash at bank and in hand | 54/58 | €47,368 | €23,689 | -€23,679 | -50.0% |
| Deferred charges and accrued income | 490/1 | €6,207 | €7,411 | +€1,204 | +19.4% |
| Total equity and liabilities | 10/49 | €264,877 | €254,043 | -€10,834 | -4.1% |
| Equity | 10/15 | €129,419 | €189,549 | +€60,130 | +46.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €123,219 | €183,349 | +€60,130 | +48.8% |
| Distributable reserves | 133 | €123,219 | €183,349 | +€60,130 | +48.8% |
| Amounts payable | 17/49 | €135,458 | €64,493 | -€70,964 | -52.4% |
| Amounts payable within one year | 42/48 | €135,458 | €64,493 | -€70,964 | -52.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €95,990 | €23,815 | -€72,175 | -75.2% |
| Suppliers | 440/4 | €95,990 | €23,815 | -€72,175 | -75.2% |
| Taxes, remuneration and social security | 45 | €35,336 | €32,781 | -€2,555 | -7.2% |
| Taxes | 450/3 | €27,009 | €24,418 | -€2,591 | -9.6% |
| Remuneration and social security | 454/9 | €8,326 | €8,363 | +€36 | +0.4% |
| Other amounts payable | 47/48 | €4,132 | €7,898 | +€3,766 | +91.1% |
| Remuneration, social security and pensions | 62 | €27,980 | €43,830 | +€15,850 | +56.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,858 | €8,789 | -€70 | -0.8% |
| Other operating charges | 640/8 | €458 | €1,117 | +€659 | +144% |
| Gross operating margin | 9900 | €49,899 | €139,300 | +€89,401 | +179% |
| Operating profit (loss) | 9901 | €12,602 | €85,564 | +€72,962 | +579% |
| Financial income | 75/76B | €104 | €0 | -€104 | -100.0% |
| Recurring financial income | 75 | €104 | €0 | -€104 | -100.0% |
| Financial charges | 65/66B | €806 | €1,007 | +€201 | +24.9% |
| Recurring financial charges | 65 | €806 | €1,007 | +€201 | +24.9% |
| Profit (loss) for the period before taxes | 9903 | €11,901 | €84,558 | +€72,657 | +611% |
| Income taxes | 67/77 | €4,060 | €24,427 | +€20,367 | +502% |
| Profit (loss) for the period | 9904 | €7,841 | €60,130 | +€52,290 | +667% |
| Profit (loss) for the period to be appropriated | 9905 | €7,841 | €60,130 | +€52,290 | +667% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.