Atelier Boris: 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 Boris
Largest movements
- Tangible fixed assets +€44,872
up €44,872 (+18.3%), from €245,047 to €289,920
of which Land and buildings: +€40,440
- Receivables within one year +€4,729
up €4,729 (+134%), from €3,520 to €8,249
of which Trade receivables: +€4,525
- Reserves +€20,443
up €20,443 (+42.9%), from €47,640 to €68,083
of which Distributable reserves: +€20,443
- Other debts +€15,000
new in 2025: €15,000
- Tax, wage and social debts +€8,962
up €8,962 (+339%), from €2,642 to €11,604
- Trade debts +€3,026
up €3,026 (+184%), from €1,641 to €4,667
- Gross operating margin +€31,878
up €31,878 (+171%), from €18,696 to €50,575
- Taxes +€7,300
up €7,300 (+499%), from €1,463 to €8,763
- Depreciation +€3,754
up €3,754 (+41.0%), from €9,163 to €12,917
- Financial charges +€1,710
up €1,710 (+57.6%), from €2,972 to €4,682
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 | €253,618 | €300,323 | +€46,705 | +18.4% |
| Fixed assets | 21/28 | €245,047 | €289,920 | +€44,872 | +18.3% |
| Tangible fixed assets | 22/27 | €245,047 | €289,920 | +€44,872 | +18.3% |
| Land and buildings | 22 | €233,648 | €274,088 | +€40,440 | +17.3% |
| Plant, machinery and equipment | 23 | €5,450 | €11,954 | +€6,504 | +119% |
| Furniture and vehicles | 24 | €5,949 | €3,878 | -€2,072 | -34.8% |
| Current assets | 29/58 | €8,570 | €10,403 | +€1,833 | +21.4% |
| Amounts receivable within one year | 40/41 | €3,520 | €8,249 | +€4,729 | +134% |
| Trade receivables | 40 | - | €4,525 | +€4,525 | |
| Other amounts receivable | 41 | €3,520 | €3,723 | +€204 | +5.8% |
| Cash at bank and in hand | 54/58 | €4,432 | €1,531 | -€2,901 | -65.4% |
| Deferred charges and accrued income | 490/1 | €619 | €623 | +€4 | +0.7% |
| Total equity and liabilities | 10/49 | €253,618 | €300,323 | +€46,705 | +18.4% |
| Equity | 10/15 | €161,543 | €181,986 | +€20,443 | +12.7% |
| Contributions | 10/11 | €113,903 | €113,903 | = | 0.0% |
| Reserves | 13 | €47,640 | €68,083 | +€20,443 | +42.9% |
| Tax-exempt reserves | 132 | €1,886 | €1,886 | = | 0.0% |
| Distributable reserves | 133 | €45,754 | €66,197 | +€20,443 | +44.7% |
| Amounts payable | 17/49 | €92,074 | €118,336 | +€26,262 | +28.5% |
| Amounts payable after more than one year | 17 | €70,294 | €68,748 | -€1,546 | -2.2% |
| Financial debts | 170/4 | €70,294 | €68,748 | -€1,546 | -2.2% |
| Amounts payable within one year | 42/48 | €21,780 | €49,588 | +€27,808 | +128% |
| Current portion of amounts payable after more than one year | 42 | €17,498 | €18,317 | +€819 | +4.7% |
| Trade debts | 44 | €1,641 | €4,667 | +€3,026 | +184% |
| Suppliers | 440/4 | €1,641 | €4,667 | +€3,026 | +184% |
| Taxes, remuneration and social security | 45 | €2,642 | €11,604 | +€8,962 | +339% |
| Taxes | 450/3 | €2,642 | €11,604 | +€8,962 | +339% |
| Other amounts payable | 47/48 | - | €15,000 | +€15,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,163 | €12,917 | +€3,754 | +41.0% |
| Other operating charges | 640/8 | €4,043 | €3,769 | -€274 | -6.8% |
| Non-recurring operating charges | 66A | €3,235 | - | -€3,235 | |
| Gross operating margin | 9900 | €18,696 | €50,575 | +€31,878 | +171% |
| Operating profit (loss) | 9901 | €2,255 | €33,889 | +€31,633 | +1,403% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,972 | €4,682 | +€1,710 | +57.6% |
| Recurring financial charges | 65 | €2,972 | €4,682 | +€1,710 | +57.6% |
| Profit (loss) for the period before taxes | 9903 | -€717 | €29,206 | +€29,923 | |
| Income taxes | 67/77 | €1,463 | €8,763 | +€7,300 | +499% |
| Profit (loss) for the period | 9904 | -€2,180 | €20,443 | +€22,623 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,180 | €20,443 | +€22,623 |
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.