ATELIER ADRIEN: 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 ADRIEN
Largest movements
- Financial fixed assets +€180,000
up €180,000 (+100%), from €180,000 to €360,000
- Tangible fixed assets -€18,487
down €18,487 (-28.6%), from €64,578 to €46,091
of which Furniture and vehicles: -€17,467
- Receivables within one year +€16,960
up €16,960 (+48.8%), from €34,755 to €51,715
of which Other amounts receivable: +€16,686
- Debts after one year +€143,429
up €143,429 (+304%), from €47,225 to €190,653
- Other debts +€22,463
up €22,463 (+37.2%), from €60,455 to €82,918
- Short-term financial debts +€15,000
new in 2025: €15,000
- Current portion of long-term debt -€6,608
down €6,608 (-14.5%), from €45,679 to €39,071
- Trade debts +€5,594
up €5,594 (+10.6%), from €52,551 to €58,144
- Taxes +€12,115
up €12,115, from -€341 to €11,774
- Gross operating margin +€5,602
up €5,602 (+15.5%), from €36,255 to €41,857
- Other operating charges +€1,509
up €1,509 (+136%), from €1,109 to €2,618
- Financial charges -€930
down €930 (-19.7%), from €4,729 to €3,798
- Depreciation -€485
down €485 (-2.6%), from €18,973 to €18,487
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 | €282,526 | €462,591 | +€180,065 | +63.7% |
| Fixed assets | 21/28 | €244,578 | €406,091 | +€161,513 | +66.0% |
| Tangible fixed assets | 22/27 | €64,578 | €46,091 | -€18,487 | -28.6% |
| Plant, machinery and equipment | 23 | €2,437 | €1,417 | -€1,020 | -41.9% |
| Furniture and vehicles | 24 | €62,141 | €44,674 | -€17,467 | -28.1% |
| Financial fixed assets | 28 | €180,000 | €360,000 | +€180,000 | +100% |
| Current assets | 29/58 | €37,947 | €56,500 | +€18,553 | +48.9% |
| Amounts receivable within one year | 40/41 | €34,755 | €51,715 | +€16,960 | +48.8% |
| Trade receivables | 40 | €28,415 | €28,688 | +€274 | +1.0% |
| Other amounts receivable | 41 | €6,341 | €23,027 | +€16,686 | +263% |
| Cash at bank and in hand | 54/58 | €1,167 | €178 | -€989 | -84.7% |
| Deferred charges and accrued income | 490/1 | €2,025 | €4,606 | +€2,582 | +128% |
| Total equity and liabilities | 10/49 | €282,526 | €462,591 | +€180,065 | +63.7% |
| Equity | 10/15 | €68,704 | €73,887 | +€5,183 | +7.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €11,786 | €16,969 | +€5,183 | +44.0% |
| Distributable reserves | 133 | €11,786 | €16,969 | +€5,183 | +44.0% |
| Profit (loss) carried forward | 14 | €55,918 | €55,918 | = | 0.0% |
| Amounts payable | 17/49 | €213,822 | €388,704 | +€174,882 | +81.8% |
| Amounts payable after more than one year | 17 | €47,225 | €190,653 | +€143,429 | +304% |
| Financial debts | 170/4 | €47,225 | €190,653 | +€143,429 | +304% |
| Amounts payable within one year | 42/48 | €166,486 | €197,987 | +€31,502 | +18.9% |
| Current portion of amounts payable after more than one year | 42 | €45,679 | €39,071 | -€6,608 | -14.5% |
| Financial debts | 43 | - | €15,000 | +€15,000 | |
| Other loans | 439 | - | €15,000 | +€15,000 | |
| Trade debts | 44 | €52,551 | €58,144 | +€5,594 | +10.6% |
| Suppliers | 440/4 | €52,551 | €58,144 | +€5,594 | +10.6% |
| Taxes, remuneration and social security | 45 | €7,800 | €2,854 | -€4,947 | -63.4% |
| Taxes | 450/3 | €7,800 | €2,854 | -€4,947 | -63.4% |
| Other amounts payable | 47/48 | €60,455 | €82,918 | +€22,463 | +37.2% |
| Accrued charges and deferred income | 492/3 | €111 | €63 | -€48 | -43.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,973 | €18,487 | -€485 | -2.6% |
| Other operating charges | 640/8 | €1,109 | €2,618 | +€1,509 | +136% |
| Gross operating margin | 9900 | €36,255 | €41,857 | +€5,602 | +15.5% |
| Operating profit (loss) | 9901 | €16,173 | €20,752 | +€4,578 | +28.3% |
| Financial income | 75/76B | €0 | €4 | +€4 | +4,513% |
| Recurring financial income | 75 | €0 | €4 | +€4 | +4,513% |
| Financial charges | 65/66B | €4,729 | €3,798 | -€930 | -19.7% |
| Recurring financial charges | 65 | €4,729 | €3,798 | -€930 | -19.7% |
| Profit (loss) for the period before taxes | 9903 | €11,445 | €16,957 | +€5,512 | +48.2% |
| Income taxes | 67/77 | -€341 | €11,774 | +€12,115 | |
| Profit (loss) for the period | 9904 | €11,786 | €5,183 | -€6,603 | -56.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,786 | €5,183 | -€6,603 | -56.0% |
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 30 October 2026 via checked.be.