ATELIER BART VERBEKE: 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 BART VERBEKE
Largest movements
- Current assets +€18,022
up €18,022 (+36.1%), from €49,955 to €67,977
of which Current investments: +€22,941
- Tangible fixed assets -€7,211
down €7,211 (-33.1%), from €21,811 to €14,600
- Intangible fixed assets -€2,500
down €2,500 (-26.7%), from €9,375 to €6,875
- Debts +€50,016
up €50,016 (+128%), from €38,961 to €88,978
of which Debts within one year: +€55,283
- Reserves -€40,000
no longer reported in 2010 (was €40,000)
- Profit (loss) carried forward -€2,025
down €2,025 (-95.3%), from €2,124 to €99
- Gross operating margin -€2,818
down €2,818 (-9.5%), from €29,525 to €26,707
- Taxes +€1,942
up €1,942 (+39.5%), from €4,919 to €6,861
- Depreciation -€617
down €617 (-6.0%), from €10,328 to €9,711
From the 2009 result to the 2010 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2009 | 2010 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,186 | €91,177 | +€7,991 | +9.6% |
| Fixed assets | 21/28 | €33,231 | €23,200 | -€10,031 | -30.2% |
| Intangible fixed assets | 21 | €9,375 | €6,875 | -€2,500 | -26.7% |
| Tangible fixed assets | 22/27 | €21,811 | €14,600 | -€7,211 | -33.1% |
| Financial fixed assets | 28 | €2,045 | €1,725 | -€320 | -15.6% |
| Current assets | 29/58 | €49,955 | €67,977 | +€18,022 | +36.1% |
| Stocks and contracts in progress | 3 | €4,820 | €10,050 | +€5,230 | +109% |
| Amounts receivable within one year | 40/41 | €13,953 | €6,622 | -€7,331 | -52.5% |
| Current investments | 50/53 | €25,066 | €48,007 | +€22,941 | +91.5% |
| Cash at bank and in hand | 54/58 | €4,332 | €2,644 | -€1,688 | -39.0% |
| Total equity and liabilities | 10/49 | €83,186 | €91,177 | +€7,991 | +9.6% |
| Equity | 10/15 | €44,224 | €2,199 | -€42,025 | -95.0% |
| Contributions | 10/11 | €2,100 | €2,100 | = | 0.0% |
| Reserves | 13 | €40,000 | - | -€40,000 | |
| Profit (loss) carried forward | 14 | €2,124 | €99 | -€2,025 | -95.3% |
| Amounts payable | 17/49 | €38,961 | €88,978 | +€50,016 | +128% |
| Amounts payable after more than one year | 17 | €11,677 | €6,459 | -€5,218 | -44.7% |
| Amounts payable within one year | 42/48 | €26,432 | €81,715 | +€55,283 | +209% |
| Trade debts | 44 | €6,393 | €4,958 | -€1,435 | -22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,328 | €9,711 | -€617 | -6.0% |
| Gross operating margin | 9900 | €29,525 | €26,707 | -€2,818 | -9.5% |
| Operating profit (loss) | 9901 | €18,238 | €16,036 | -€2,202 | -12.1% |
| Recurring financial income | 75 | €554 | €649 | +€96 | +17.3% |
| Recurring financial charges | 65 | €2,060 | €1,850 | -€210 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €16,732 | €14,835 | -€1,896 | -11.3% |
| Income taxes | 67/77 | €4,919 | €6,861 | +€1,942 | +39.5% |
| Profit (loss) for the period | 9904 | €11,812 | €7,975 | -€3,838 | -32.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,812 | €7,975 | -€3,838 | -32.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2009 and 30 September 2010. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.