Atelier Combiné: 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 Combiné
Largest movements
- Cash +€47,192
up €47,192 (+83.9%), from €56,243 to €103,435
mainly Net result for the year (+€43,106) and Trade debts (+€10,612)
- Tangible fixed assets +€3,742
up €3,742 (+25.3%), from €14,781 to €18,523
of which Plant, machinery and equipment: +€4,592
- Profit (loss) carried forward +€43,106
up €43,106 (+80.9%), from €53,272 to €96,379
- Trade debts +€10,612
up €10,612 (+89.9%), from €11,809 to €22,421
- Accrued charges and deferred income -€2,998
down €2,998 (-29.9%), from €10,013 to €7,015
- Gross operating margin +€23,701
up €23,701 (+57.0%), from €41,576 to €65,277
- Taxes +€6,100
up €6,100 (+65.3%), from €9,339 to €15,439
- Depreciation +€1,719
up €1,719 (+35.7%), from €4,808 to €6,527
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 | €88,119 | €138,092 | +€49,973 | +56.7% |
| Fixed assets | 21/28 | €14,781 | €18,523 | +€3,742 | +25.3% |
| Tangible fixed assets | 22/27 | €14,781 | €18,523 | +€3,742 | +25.3% |
| Land and buildings | 22 | €3,442 | €2,592 | -€850 | -24.7% |
| Plant, machinery and equipment | 23 | €11,339 | €15,931 | +€4,592 | +40.5% |
| Current assets | 29/58 | €73,338 | €119,569 | +€46,231 | +63.0% |
| Amounts receivable within one year | 40/41 | €16,819 | €15,763 | -€1,056 | -6.3% |
| Trade receivables | 40 | €14,572 | €7,544 | -€7,028 | -48.2% |
| Other amounts receivable | 41 | €2,248 | €8,219 | +€5,971 | +266% |
| Cash at bank and in hand | 54/58 | €56,243 | €103,435 | +€47,192 | +83.9% |
| Deferred charges and accrued income | 490/1 | €276 | €371 | +€95 | +34.6% |
| Total equity and liabilities | 10/49 | €88,119 | €138,092 | +€49,973 | +56.7% |
| Equity | 10/15 | €55,772 | €98,879 | +€43,106 | +77.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,272 | €96,379 | +€43,106 | +80.9% |
| Amounts payable | 17/49 | €32,346 | €39,213 | +€6,867 | +21.2% |
| Amounts payable within one year | 42/48 | €22,334 | €32,199 | +€9,865 | +44.2% |
| Trade debts | 44 | €11,809 | €22,421 | +€10,612 | +89.9% |
| Suppliers | 440/4 | €11,809 | €22,421 | +€10,612 | +89.9% |
| Taxes, remuneration and social security | 45 | €10,525 | €9,778 | -€748 | -7.1% |
| Taxes | 450/3 | €10,525 | €9,778 | -€748 | -7.1% |
| Accrued charges and deferred income | 492/3 | €10,013 | €7,015 | -€2,998 | -29.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,808 | €6,527 | +€1,719 | +35.7% |
| Other operating charges | 640/8 | €118 | €240 | +€122 | +103% |
| Gross operating margin | 9900 | €41,576 | €65,277 | +€23,701 | +57.0% |
| Operating profit (loss) | 9901 | €36,650 | €58,510 | +€21,860 | +59.6% |
| Financial income | 75/76B | €95 | €107 | +€11 | +11.8% |
| Recurring financial income | 75 | €95 | €107 | +€11 | +11.8% |
| Financial charges | 65/66B | €79 | €71 | -€8 | -10.1% |
| Recurring financial charges | 65 | €79 | €71 | -€8 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | €36,666 | €58,545 | +€21,879 | +59.7% |
| Income taxes | 67/77 | €9,339 | €15,439 | +€6,100 | +65.3% |
| Profit (loss) for the period | 9904 | €27,328 | €43,106 | +€15,779 | +57.7% |
| Profit (loss) for the period to be appropriated | 9905 | €27,328 | €43,106 | +€15,779 | +57.7% |
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 26 October 2026 via checked.be.