ATELIER CHENOY: 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 CHENOY
Largest movements
- Cash +€25,777
up €25,777 (+52.5%), from €49,074 to €74,851
mainly Depreciation (+€29,635) and Net result for the year (+€19,554)
- Tangible fixed assets -€19,094
down €19,094 (-19.1%), from €99,895 to €80,801
of which Furniture and vehicles: -€10,616
- Receivables within one year +€16,760
up €16,760 (+98.1%), from €17,080 to €33,840
of which Trade receivables: +€10,250
- Deferred charges and accrued income -€8,984
down €8,984 (-57.4%), from €15,640 to €6,657
- Profit (loss) carried forward +€19,554
up €19,554 (+34.5%), from €56,691 to €76,245
- Current portion of long-term debt -€16,769
down €16,769 (-90.7%), from €18,481 to €1,712
- Trade debts +€5,948
up €5,948 (+112%), from €5,290 to €11,238
- Debts after one year +€3,610
up €3,610, from €0 to €3,610
- Advances received +€3,204
up €3,204, from €0 to €3,204
- Gross operating margin +€30,325
up €30,325 (+41.1%), from €73,801 to €104,126
- Depreciation +€9,175
up €9,175 (+44.8%), from €20,460 to €29,635
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 | €190,180 | €205,265 | +€15,085 | +7.9% |
| Fixed assets | 21/28 | €100,300 | €81,019 | -€19,282 | -19.2% |
| Intangible fixed assets | 21 | €188 | €0 | -€188 | -100% |
| Tangible fixed assets | 22/27 | €99,895 | €80,801 | -€19,094 | -19.1% |
| Plant, machinery and equipment | 23 | €78,116 | €69,638 | -€8,478 | -10.9% |
| Furniture and vehicles | 24 | €21,779 | €11,163 | -€10,616 | -48.7% |
| Financial fixed assets | 28 | €218 | €218 | = | 0.0% |
| Current assets | 29/58 | €89,880 | €124,246 | +€34,366 | +38.2% |
| Stocks and contracts in progress | 3 | €8,086 | €8,898 | +€812 | +10.0% |
| Stocks | 30/36 | €8,086 | €8,898 | +€812 | +10.0% |
| Amounts receivable within one year | 40/41 | €17,080 | €33,840 | +€16,760 | +98.1% |
| Trade receivables | 40 | €12,786 | €23,036 | +€10,250 | +80.2% |
| Other amounts receivable | 41 | €4,294 | €10,804 | +€6,510 | +152% |
| Cash at bank and in hand | 54/58 | €49,074 | €74,851 | +€25,777 | +52.5% |
| Deferred charges and accrued income | 490/1 | €15,640 | €6,657 | -€8,984 | -57.4% |
| Total equity and liabilities | 10/49 | €190,180 | €205,265 | +€15,085 | +7.9% |
| Equity | 10/15 | €76,691 | €96,245 | +€19,554 | +25.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,691 | €76,245 | +€19,554 | +34.5% |
| Amounts payable | 17/49 | €113,489 | €109,020 | -€4,469 | -3.9% |
| Amounts payable after more than one year | 17 | €0 | €3,610 | +€3,610 | |
| Financial debts | 170/4 | €0 | €3,610 | +€3,610 | |
| Amounts payable within one year | 42/48 | €107,780 | €100,090 | -€7,690 | -7.1% |
| Current portion of amounts payable after more than one year | 42 | €18,481 | €1,712 | -€16,769 | -90.7% |
| Trade debts | 44 | €5,290 | €11,238 | +€5,948 | +112% |
| Suppliers | 440/4 | €5,290 | €11,238 | +€5,948 | +112% |
| Advances received on contracts in progress | 46 | €0 | €3,204 | +€3,204 | |
| Taxes, remuneration and social security | 45 | €10,085 | €7,593 | -€2,492 | -24.7% |
| Taxes | 450/3 | €3,641 | €2,151 | -€1,490 | -40.9% |
| Remuneration and social security | 454/9 | €6,445 | €5,442 | -€1,002 | -15.6% |
| Other amounts payable | 47/48 | €73,924 | €76,343 | +€2,419 | +3.3% |
| Accrued charges and deferred income | 492/3 | €5,709 | €5,319 | -€389 | -6.8% |
| Remuneration, social security and pensions | 62 | €47,983 | €47,736 | -€247 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,460 | €29,635 | +€9,175 | +44.8% |
| Other operating charges | 640/8 | €394 | €705 | +€311 | +79.1% |
| Non-recurring operating charges | 66A | - | €90 | +€90 | |
| Gross operating margin | 9900 | €73,801 | €104,126 | +€30,325 | +41.1% |
| Operating profit (loss) | 9901 | €4,964 | €25,959 | +€20,995 | +423% |
| Financial income | 75/76B | €157 | €127 | -€30 | -19.1% |
| Recurring financial income | 75 | €157 | €127 | -€30 | -19.1% |
| Financial charges | 65/66B | €6,984 | €6,190 | -€793 | -11.4% |
| Recurring financial charges | 65 | €6,984 | €6,190 | -€793 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,863 | €19,895 | +€21,758 | |
| Income taxes | 67/77 | €0 | €342 | +€342 | |
| Profit (loss) for the period | 9904 | -€1,863 | €19,554 | +€21,416 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,863 | €19,554 | +€21,416 |
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 1 November 2026 via checked.be.