ATELIER C+: 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 C+
Largest movements
- Cash +€181,904
up €181,904 (+101%), from €180,548 to €362,452
mainly Current investments (+€178,984) and Net result for the year (+€35,288)
- Current investments -€178,984
down €178,984 (-39.0%), from €459,514 to €280,530
- Tangible fixed assets +€36,724
up €36,724 (+9,817%), from €374 to €37,098
- Reserves +€24,488
up €24,488 (+4.5%), from €546,658 to €571,146
- Debts after one year +€17,975
new in 2025: €17,975
- Current portion of long-term debt +€7,293
new in 2025: €7,293
- Gross operating margin +€20,279
up €20,279 (+42.1%), from €48,135 to €68,414
- Financial charges +€16,842
up €16,842 (+1,013%), from €1,662 to €18,505
- Financial income -€12,389
down €12,389 (-51.3%), from €24,153 to €11,764
- Taxes -€4,087
down €4,087 (-18.9%), from €21,646 to €17,558
- Depreciation +€3,054
up €3,054 (+77.7%), from €3,930 to €6,984
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 | €641,824 | €681,816 | +€39,992 | +6.2% |
| Fixed assets | 21/28 | €374 | €37,098 | +€36,724 | +9,817% |
| Tangible fixed assets | 22/27 | €374 | €37,098 | +€36,724 | +9,817% |
| Furniture and vehicles | 24 | €374 | €37,098 | +€36,724 | +9,817% |
| Current assets | 29/58 | €641,450 | €644,717 | +€3,268 | +0.5% |
| Current investments | 50/53 | €459,514 | €280,530 | -€178,984 | -39.0% |
| Cash at bank and in hand | 54/58 | €180,548 | €362,452 | +€181,904 | +101% |
| Deferred charges and accrued income | 490/1 | €1,388 | €1,735 | +€347 | +25.0% |
| Total equity and liabilities | 10/49 | €641,824 | €681,816 | +€39,992 | +6.2% |
| Equity | 10/15 | €567,118 | €591,606 | +€24,488 | +4.3% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Contributions outside capital | 11 | €20,460 | €20,460 | = | 0.0% |
| Other | 1109/19 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €546,658 | €571,146 | +€24,488 | +4.5% |
| Distributable reserves | 133 | €546,658 | €571,146 | +€24,488 | +4.5% |
| Amounts payable | 17/49 | €74,706 | €90,210 | +€15,504 | +20.8% |
| Amounts payable after more than one year | 17 | - | €17,975 | +€17,975 | |
| Financial debts | 170/4 | - | €17,975 | +€17,975 | |
| Amounts payable within one year | 42/48 | €74,706 | €72,235 | -€2,471 | -3.3% |
| Current portion of amounts payable after more than one year | 42 | - | €7,293 | +€7,293 | |
| Trade debts | 44 | €17,257 | €18,097 | +€841 | +4.9% |
| Suppliers | 440/4 | €17,257 | €18,097 | +€841 | +4.9% |
| Taxes, remuneration and social security | 45 | €36,785 | €30,769 | -€6,016 | -16.4% |
| Taxes | 450/3 | €36,785 | €30,769 | -€6,016 | -16.4% |
| Other amounts payable | 47/48 | €20,665 | €16,075 | -€4,590 | -22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,930 | €6,984 | +€3,054 | +77.7% |
| Other operating charges | 640/8 | €1,157 | €1,843 | +€685 | +59.2% |
| Gross operating margin | 9900 | €48,135 | €68,414 | +€20,279 | +42.1% |
| Operating profit (loss) | 9901 | €43,048 | €59,587 | +€16,540 | +38.4% |
| Financial income | 75/76B | €24,153 | €11,764 | -€12,389 | -51.3% |
| Recurring financial income | 75 | €24,153 | €11,764 | -€12,389 | -51.3% |
| Financial charges | 65/66B | €1,662 | €18,505 | +€16,842 | +1,013% |
| Recurring financial charges | 65 | €1,662 | €18,505 | +€16,842 | +1,013% |
| Profit (loss) for the period before taxes | 9903 | €65,538 | €52,847 | -€12,692 | -19.4% |
| Income taxes | 67/77 | €21,646 | €17,558 | -€4,087 | -18.9% |
| Profit (loss) for the period | 9904 | €43,893 | €35,288 | -€8,604 | -19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €43,893 | €35,288 | -€8,604 | -19.6% |
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 24 October 2026 via checked.be.