atelier Blau: 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 Blau
Largest movements
- Cash +€12,564
up €12,564 (+46.3%), from €27,158 to €39,722
mainly Net result for the year (+€14,604) and Other debts (+€12,971)
- Receivables within one year -€5,326
down €5,326 (-28.4%), from €18,737 to €13,411
of which Trade receivables: -€5,416
- Tangible fixed assets +€3,043
new in 2025: €3,043
- Other debts +€12,971
up €12,971 (+112%), from €11,536 to €24,507
- Tax, wage and social debts -€3,033
down €3,033 (-51.3%), from €5,907 to €2,874
- Trade debts -€706
down €706 (-31.2%), from €2,266 to €1,560
- Short-term financial debts +€591
up €591 (+3,943%), from €15 to €606
- Gross operating margin +€17,122
up €17,122 (+348%), from €4,922 to €22,044
- Taxes +€3,620
up €3,620 (+233%), from €1,554 to €5,173
- Depreciation +€415
up €415 (+293%), from €142 to €556
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 | €48,904 | €58,331 | +€9,427 | +19.3% |
| Fixed assets | 21/28 | €2,063 | €4,555 | +€2,492 | +121% |
| Intangible fixed assets | 21 | €2,063 | €1,512 | -€551 | -26.7% |
| Tangible fixed assets | 22/27 | - | €3,043 | +€3,043 | |
| Plant, machinery and equipment | 23 | - | €3,043 | +€3,043 | |
| Current assets | 29/58 | €46,841 | €53,776 | +€6,935 | +14.8% |
| Amounts receivable within one year | 40/41 | €18,737 | €13,411 | -€5,326 | -28.4% |
| Trade receivables | 40 | €18,290 | €12,874 | -€5,416 | -29.6% |
| Other amounts receivable | 41 | €446 | €537 | +€90 | +20.3% |
| Cash at bank and in hand | 54/58 | €27,158 | €39,722 | +€12,564 | +46.3% |
| Deferred charges and accrued income | 490/1 | €946 | €643 | -€303 | -32.0% |
| Total equity and liabilities | 10/49 | €48,904 | €58,331 | +€9,427 | +19.3% |
| Equity | 10/15 | €29,180 | €28,784 | -€396 | -1.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €10,630 | €10,234 | -€396 | -3.7% |
| Distributable reserves | 133 | €10,630 | €10,234 | -€396 | -3.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €19,724 | €29,547 | +€9,823 | +49.8% |
| Amounts payable within one year | 42/48 | €19,724 | €29,547 | +€9,823 | +49.8% |
| Financial debts | 43 | €15 | €606 | +€591 | +3,943% |
| Credit institutions | 430/8 | €15 | €606 | +€591 | +3,943% |
| Trade debts | 44 | €2,266 | €1,560 | -€706 | -31.2% |
| Suppliers | 440/4 | €2,266 | €1,560 | -€706 | -31.2% |
| Taxes, remuneration and social security | 45 | €5,907 | €2,874 | -€3,033 | -51.3% |
| Taxes | 450/3 | €5,907 | €2,874 | -€3,033 | -51.3% |
| Other amounts payable | 47/48 | €11,536 | €24,507 | +€12,971 | +112% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €142 | €556 | +€415 | +293% |
| Other operating charges | 640/8 | €1,699 | €1,552 | -€148 | -8.7% |
| Gross operating margin | 9900 | €4,922 | €22,044 | +€17,122 | +348% |
| Operating profit (loss) | 9901 | €3,081 | €19,936 | +€16,855 | +547% |
| Financial income | 75/76B | - | €16 | +€16 | |
| Recurring financial income | 75 | - | €16 | +€16 | |
| Financial charges | 65/66B | €133 | €174 | +€41 | +31.0% |
| Recurring financial charges | 65 | €133 | €174 | +€41 | +31.0% |
| Profit (loss) for the period before taxes | 9903 | €2,948 | €19,777 | +€16,830 | +571% |
| Income taxes | 67/77 | €1,554 | €5,173 | +€3,620 | +233% |
| Profit (loss) for the period | 9904 | €1,394 | €14,604 | +€13,210 | +948% |
| Profit (loss) for the period to be appropriated | 9905 | €1,394 | €14,604 | +€13,210 | +948% |
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 27 October 2026 via checked.be.