ATELIER D2: 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 D2
Largest movements
- Cash -€61,859
down €61,859 (-17.3%), from €358,418 to €296,559
mainly Contributions, distributions and other (-€76,403) and Investment in fixed assets (net) (-€37,016)
- Tangible fixed assets +€34,504
up €34,504 (+157.8%), from €21,865 to €56,369
of which Furniture and vehicles: +€33,220
- Receivables within one year -€24,998
down €24,998 (-25.7%), from €97,434 to €72,436
of which Other amounts receivable: -€22,932
- Reserves -€76,403
down €76,403 (-22.2%), from €343,750 to €267,347
- Other debts +€31,403
up €31,403 (+69.8%), from €45,000 to €76,403
- Current portion of long-term debt -€7,807
no longer reported in 2025 (was €7,807)
- Purchases and services -€89,383
down €89,383 (-72.1%), from €123,979 to €34,596
- Gross operating margin -€21,771
down €21,771 (-74.8%), from €29,092 to €7,321
- Depreciation -€3,268
down €3,268 (-56.5%), from €5,780 to €2,512
- Taxes +€2,067
up €2,067 (+49.3%), from €4,195 to €6,262
- Financial charges -€592
down €592 (-69.1%), from €857 to €265
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.
Cash bridge derived
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 | €481,417 | €426,064 | -€55,353 | -11.5% |
| Fixed assets | 21/28 | €21,865 | €56,369 | +€34,504 | +157.8% |
| Tangible fixed assets | 22/27 | €21,865 | €56,369 | +€34,504 | +157.8% |
| Furniture and vehicles | 24 | €3,793 | €37,013 | +€33,220 | +875.8% |
| Other tangible fixed assets | 26 | €18,072 | €19,356 | +€1,284 | +7.1% |
| Current assets | 29/58 | €459,552 | €369,695 | -€89,857 | -19.6% |
| Amounts receivable after more than one year | 29 | €3,700 | €700 | -€3,000 | -81.1% |
| Other amounts receivable | 291 | €3,700 | €700 | -€3,000 | -81.1% |
| Amounts receivable within one year | 40/41 | €97,434 | €72,436 | -€24,998 | -25.7% |
| Trade receivables | 40 | €14,810 | €12,744 | -€2,066 | -14.0% |
| Other amounts receivable | 41 | €82,624 | €59,692 | -€22,932 | -27.8% |
| Cash at bank and in hand | 54/58 | €358,418 | €296,559 | -€61,859 | -17.3% |
| Total equity and liabilities | 10/49 | €481,417 | €426,064 | -€55,353 | -11.5% |
| Equity | 10/15 | €420,669 | €346,313 | -€74,356 | -17.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €343,750 | €267,347 | -€76,403 | -22.2% |
| Distributable reserves | 133 | €343,750 | €267,347 | -€76,403 | -22.2% |
| Profit (loss) carried forward | 14 | €70,719 | €72,766 | +€2,047 | +2.9% |
| Amounts payable | 17/49 | €60,748 | €79,751 | +€19,003 | +31.3% |
| Amounts payable within one year | 42/48 | €60,748 | €79,751 | +€19,003 | +31.3% |
| Current portion of amounts payable after more than one year | 42 | €7,807 | - | -€7,807 | |
| Trade debts | 44 | €2 | - | -€2 | |
| Suppliers | 440/4 | €2 | - | -€2 | |
| Taxes, remuneration and social security | 45 | €7,939 | €3,348 | -€4,591 | -57.8% |
| Taxes | 450/3 | €1,319 | €3,063 | +€1,744 | +132.2% |
| Remuneration and social security | 454/9 | €6,620 | €285 | -€6,335 | -95.7% |
| Other amounts payable | 47/48 | €45,000 | €76,403 | +€31,403 | +69.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €123,979 | €34,596 | -€89,383 | -72.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,780 | €2,512 | -€3,268 | -56.5% |
| Other operating charges | 640/8 | €953 | €578 | -€375 | -39.3% |
| Gross operating margin | 9900 | €29,092 | €7,321 | -€21,771 | -74.8% |
| Operating profit (loss) | 9901 | €22,359 | €4,231 | -€18,128 | -81.1% |
| Financial income | 75/76B | €4,842 | €4,343 | -€499 | -10.3% |
| Recurring financial income | 75 | €4,842 | €4,343 | -€499 | -10.3% |
| Financial charges | 65/66B | €857 | €265 | -€592 | -69.1% |
| Recurring financial charges | 65 | €857 | €265 | -€592 | -69.1% |
| Profit (loss) for the period before taxes | 9903 | €26,344 | €8,309 | -€18,035 | -68.5% |
| Income taxes | 67/77 | €4,195 | €6,262 | +€2,067 | +49.3% |
| Profit (loss) for the period | 9904 | €22,149 | €2,047 | -€20,102 | -90.8% |
| Profit (loss) for the period to be appropriated | 9905 | €22,149 | €2,047 | -€20,102 | -90.8% |
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 10 October 2026 via checked.be.