Atelier Borabeau: 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 Borabeau
Largest movements
- Tangible fixed assets -€29,510
down €29,510 (-5.6%), from €526,949 to €497,439
of which Land and buildings: -€29,233
- Debts after one year -€38,124
down €38,124 (-4.4%), from €865,949 to €827,825
- Profit (loss) carried forward +€9,288
up €9,288 (+1.3%), from -€742,089 to -€732,801
- Gross operating margin +€10,875
up €10,875 (+31.5%), from €34,551 to €45,427
- Financial charges -€515
down €515 (-10.2%), from €5,039 to €4,524
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 | €530,236 | €500,268 | -€29,967 | -5.7% |
| Fixed assets | 21/28 | €526,949 | €497,439 | -€29,510 | -5.6% |
| Tangible fixed assets | 22/27 | €526,949 | €497,439 | -€29,510 | -5.6% |
| Land and buildings | 22 | €526,209 | €496,976 | -€29,233 | -5.6% |
| Furniture and vehicles | 24 | €740 | €463 | -€278 | -37.5% |
| Current assets | 29/58 | €3,286 | €2,829 | -€457 | -13.9% |
| Cash at bank and in hand | 54/58 | €3,286 | €2,829 | -€457 | -13.9% |
| Total equity and liabilities | 10/49 | €530,236 | €500,268 | -€29,967 | -5.7% |
| Equity | 10/15 | -€482,089 | -€472,801 | +€9,288 | +1.9% |
| Contributions | 10/11 | €260,000 | €260,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€742,089 | -€732,801 | +€9,288 | +1.3% |
| Amounts payable | 17/49 | €1,012,325 | €973,070 | -€39,255 | -3.9% |
| Amounts payable after more than one year | 17 | €865,949 | €827,825 | -€38,124 | -4.4% |
| Financial debts | 170/4 | €865,949 | €827,825 | -€38,124 | -4.4% |
| Amounts payable within one year | 42/48 | €146,376 | €145,206 | -€1,170 | -0.8% |
| Current portion of amounts payable after more than one year | 42 | €37,629 | €38,124 | +€495 | +1.3% |
| Trade debts | 44 | €2,482 | €817 | -€1,665 | -67.1% |
| Suppliers | 440/4 | €2,482 | €817 | -€1,665 | -67.1% |
| Other amounts payable | 47/48 | €106,266 | €106,266 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €38 | +€38 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,510 | €29,510 | +€0 | 0.0% |
| Other operating charges | 640/8 | €1,660 | €2,104 | +€444 | +26.8% |
| Gross operating margin | 9900 | €34,551 | €45,427 | +€10,875 | +31.5% |
| Operating profit (loss) | 9901 | €3,381 | €13,812 | +€10,431 | +309% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €5,039 | €4,524 | -€515 | -10.2% |
| Recurring financial charges | 65 | €5,039 | €4,524 | -€515 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,658 | €9,288 | +€10,946 | |
| Profit (loss) for the period | 9904 | -€1,658 | €9,288 | +€10,946 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,658 | €9,288 | +€10,946 |
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 17 October 2026 via checked.be.