ATELIER CUP: 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 CUP
Largest movements
- Cash -€106,463
down €106,463 (-37.5%), from €283,577 to €177,114
mainly Other debts (-€222,000) and Current portion of long-term debt (-€9,298)
- Tangible fixed assets -€12,444
down €12,444 (-3.3%), from €381,110 to €368,665
of which Land and buildings: -€10,474
- Receivables within one year -€10,464
down €10,464 (-64.2%), from €16,293 to €5,830
of which Trade receivables: -€5,368
- Stocks and contracts -€9,963
no longer reported in 2025 (was €9,963)
- Other debts -€222,000
no longer reported in 2025 (was €222,000)
- Debts after one year +€34,579
up €34,579 (+9.9%), from €347,751 to €382,330
of which Other amounts payable: +€58,100
- Profit (loss) carried forward +€30,461
up €30,461 (+108%), from €28,270 to €58,731
- Trade debts +€28,524
up €28,524 (+491%), from €5,807 to €34,331
- Current portion of long-term debt -€9,298
down €9,298 (-28.3%), from €32,819 to €23,521
- Gross operating margin -€91,436
down €91,436 (-32.1%), from €284,634 to €193,198
- Taxes -€22,344
down €22,344 (-58.9%), from €37,954 to €15,610
- Staff costs +€7,611
up €7,611 (+6.9%), from €109,809 to €117,420
- Depreciation -€3,056
down €3,056 (-20.2%), from €15,132 to €12,077
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 | €695,839 | €554,672 | -€141,167 | -20.3% |
| Fixed assets | 21/28 | €381,278 | €368,834 | -€12,444 | -3.3% |
| Tangible fixed assets | 22/27 | €381,110 | €368,665 | -€12,444 | -3.3% |
| Land and buildings | 22 | €377,845 | €367,370 | -€10,474 | -2.8% |
| Plant, machinery and equipment | 23 | €558 | €419 | -€140 | -25.0% |
| Furniture and vehicles | 24 | €2,553 | €876 | -€1,677 | -65.7% |
| Leasing and similar rights | 25 | €154 | - | -€154 | |
| Financial fixed assets | 28 | €169 | €169 | = | 0.0% |
| Current assets | 29/58 | €314,560 | €185,837 | -€128,723 | -40.9% |
| Stocks and contracts in progress | 3 | €9,963 | - | -€9,963 | |
| Stocks | 30/36 | €9,963 | - | -€9,963 | |
| Amounts receivable within one year | 40/41 | €16,293 | €5,830 | -€10,464 | -64.2% |
| Trade receivables | 40 | €11,198 | €5,830 | -€5,368 | -47.9% |
| Other amounts receivable | 41 | €5,096 | - | -€5,096 | |
| Cash at bank and in hand | 54/58 | €283,577 | €177,114 | -€106,463 | -37.5% |
| Deferred charges and accrued income | 490/1 | €4,727 | €2,894 | -€1,834 | -38.8% |
| Total equity and liabilities | 10/49 | €695,839 | €554,672 | -€141,167 | -20.3% |
| Equity | 10/15 | €48,730 | €79,191 | +€30,461 | +62.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,270 | €58,731 | +€30,461 | +108% |
| Amounts payable | 17/49 | €647,109 | €475,481 | -€171,628 | -26.5% |
| Amounts payable after more than one year | 17 | €347,751 | €382,330 | +€34,579 | +9.9% |
| Financial debts | 170/4 | €271,659 | €248,138 | -€23,521 | -8.7% |
| Other amounts payable | 178/9 | €76,092 | €134,192 | +€58,100 | +76.4% |
| Amounts payable within one year | 42/48 | €299,358 | €93,151 | -€206,207 | -68.9% |
| Current portion of amounts payable after more than one year | 42 | €32,819 | €23,521 | -€9,298 | -28.3% |
| Trade debts | 44 | €5,807 | €34,331 | +€28,524 | +491% |
| Suppliers | 440/4 | €5,807 | €34,331 | +€28,524 | +491% |
| Taxes, remuneration and social security | 45 | €38,731 | €35,298 | -€3,433 | -8.9% |
| Taxes | 450/3 | €28,168 | €20,581 | -€7,587 | -26.9% |
| Remuneration and social security | 454/9 | €10,563 | €14,717 | +€4,154 | +39.3% |
| Other amounts payable | 47/48 | €222,000 | - | -€222,000 | |
| Non-recurring operating income | 76A | €1,035 | €3,838 | +€2,803 | +271% |
| Remuneration, social security and pensions | 62 | €109,809 | €117,420 | +€7,611 | +6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,132 | €12,077 | -€3,056 | -20.2% |
| Other operating charges | 640/8 | €5,943 | €5,965 | +€21 | +0.4% |
| Non-recurring operating charges | 66A | €1,698 | €2,145 | +€447 | +26.3% |
| Gross operating margin | 9900 | €284,634 | €193,198 | -€91,436 | -32.1% |
| Operating profit (loss) | 9901 | €152,051 | €55,592 | -€96,459 | -63.4% |
| Financial income | 75/76B | €17 | €239 | +€222 | +1,299% |
| Recurring financial income | 75 | €17 | €239 | +€222 | +1,299% |
| Financial charges | 65/66B | €9,862 | €9,759 | -€103 | -1.0% |
| Recurring financial charges | 65 | €9,862 | €9,759 | -€103 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | €142,206 | €46,071 | -€96,135 | -67.6% |
| Income taxes | 67/77 | €37,954 | €15,610 | -€22,344 | -58.9% |
| Profit (loss) for the period | 9904 | €104,252 | €30,461 | -€73,791 | -70.8% |
| Profit (loss) for the period to be appropriated | 9905 | €104,252 | €30,461 | -€73,791 | -70.8% |
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.