ATELIER CHAPELLE: 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 CHAPELLE
Largest movements
- Tangible fixed assets +€23,308
up €23,308 (+14.4%), from €162,016 to €185,323
of which Furniture and vehicles: +€17,810
- Cash -€21,702
down €21,702 (-16.6%), from €130,388 to €108,686
mainly Investment in fixed assets (net) (-€79,012) and Contributions, distributions and other (-€52,750)
- Stocks and contracts -€13,758
down €13,758 (-33.9%), from €40,552 to €26,795
- Receivables within one year +€8,736
up €8,736 (+16.6%), from €52,775 to €61,510
of which Trade receivables: +€4,430
- Reserves -€15,415
down €15,415 (-7.2%), from €214,850 to €199,435
- Trade debts +€13,228
up €13,228 (+213%), from €6,211 to €19,440
- Current portion of long-term debt +€4,891
up €4,891 (+12.7%), from €38,579 to €43,470
- Tax, wage and social debts -€4,237
down €4,237 (-30.2%), from €14,034 to €9,797
of which Taxes: -€5,739
- Staff costs +€20,786
up €20,786 (+24.5%), from €84,791 to €105,578
- Gross operating margin +€14,468
up €14,468 (+7.3%), from €198,805 to €213,274
- Depreciation +€8,908
up €8,908 (+19.0%), from €46,797 to €55,704
- Other operating charges -€5,616
down €5,616 (-70.9%), from €7,922 to €2,306
- Taxes -€3,254
down €3,254 (-20.0%), from €16,230 to €12,976
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 | €399,672 | €394,611 | -€5,061 | -1.3% |
| Fixed assets | 21/28 | €163,316 | €186,623 | +€23,308 | +14.3% |
| Tangible fixed assets | 22/27 | €162,016 | €185,323 | +€23,308 | +14.4% |
| Land and buildings | 22 | €5,203 | €4,163 | -€1,041 | -20.0% |
| Plant, machinery and equipment | 23 | €37,953 | €44,491 | +€6,538 | +17.2% |
| Furniture and vehicles | 24 | €118,859 | €136,669 | +€17,810 | +15.0% |
| Financial fixed assets | 28 | €1,300 | €1,300 | = | 0.0% |
| Current assets | 29/58 | €236,356 | €207,988 | -€28,369 | -12.0% |
| Stocks and contracts in progress | 3 | €40,552 | €26,795 | -€13,758 | -33.9% |
| Stocks | 30/36 | €40,552 | €26,795 | -€13,758 | -33.9% |
| Amounts receivable within one year | 40/41 | €52,775 | €61,510 | +€8,736 | +16.6% |
| Trade receivables | 40 | €43,055 | €47,485 | +€4,430 | +10.3% |
| Other amounts receivable | 41 | €9,720 | €14,026 | +€4,306 | +44.3% |
| Cash at bank and in hand | 54/58 | €130,388 | €108,686 | -€21,702 | -16.6% |
| Deferred charges and accrued income | 490/1 | €12,641 | €10,996 | -€1,645 | -13.0% |
| Total equity and liabilities | 10/49 | €399,672 | €394,611 | -€5,061 | -1.3% |
| Equity | 10/15 | €235,446 | €220,032 | -€15,413 | -6.5% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €214,850 | €199,435 | -€15,415 | -7.2% |
| Distributable reserves | 133 | €214,850 | €199,435 | -€15,415 | -7.2% |
| Profit (loss) carried forward | 14 | €136 | €137 | +€2 | +1.3% |
| Amounts payable | 17/49 | €164,226 | €174,578 | +€10,352 | +6.3% |
| Amounts payable after more than one year | 17 | €82,106 | €80,210 | -€1,896 | -2.3% |
| Financial debts | 170/4 | €82,106 | €80,210 | -€1,896 | -2.3% |
| Amounts payable within one year | 42/48 | €82,120 | €94,369 | +€12,248 | +14.9% |
| Current portion of amounts payable after more than one year | 42 | €38,579 | €43,470 | +€4,891 | +12.7% |
| Trade debts | 44 | €6,211 | €19,440 | +€13,228 | +213% |
| Suppliers | 440/4 | €6,211 | €19,440 | +€13,228 | +213% |
| Advances received on contracts in progress | 46 | €3,902 | - | -€3,902 | |
| Taxes, remuneration and social security | 45 | €14,034 | €9,797 | -€4,237 | -30.2% |
| Taxes | 450/3 | €8,242 | €2,503 | -€5,739 | -69.6% |
| Remuneration and social security | 454/9 | €5,792 | €7,294 | +€1,503 | +25.9% |
| Other amounts payable | 47/48 | €19,394 | €21,662 | +€2,268 | +11.7% |
| Remuneration, social security and pensions | 62 | €84,791 | €105,578 | +€20,786 | +24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,797 | €55,704 | +€8,908 | +19.0% |
| Other operating charges | 640/8 | €7,922 | €2,306 | -€5,616 | -70.9% |
| Gross operating margin | 9900 | €198,805 | €213,274 | +€14,468 | +7.3% |
| Operating profit (loss) | 9901 | €59,295 | €49,686 | -€9,610 | -16.2% |
| Financial income | 75/76B | €3,088 | €4,501 | +€1,413 | +45.8% |
| Recurring financial income | 75 | €3,088 | €4,501 | +€1,413 | +45.8% |
| Financial charges | 65/66B | €4,081 | €3,874 | -€207 | -5.1% |
| Recurring financial charges | 65 | €4,081 | €3,874 | -€207 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | €58,302 | €50,313 | -€7,989 | -13.7% |
| Income taxes | 67/77 | €16,230 | €12,976 | -€3,254 | -20.0% |
| Profit (loss) for the period | 9904 | €42,072 | €37,337 | -€4,735 | -11.3% |
| Profit (loss) for the period to be appropriated | 9905 | €42,072 | €37,337 | -€4,735 | -11.3% |
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 29 October 2026 via checked.be.