ATELIER DELREZ: what changed
ATELIER DELREZ
Largest movements
- Receivables within one year -€15,398
down €15,398 (-53.0%), from €29,052 to €13,653
of which Trade receivables: -€13,941
- Stocks and contracts +€7,569
up €7,569 (+10.7%), from €70,751 to €78,320
- Tangible fixed assets -€5,349
down €5,349 (-9.1%), from €58,536 to €53,187
of which Furniture and vehicles: -€3,972
- Cash -€2,729
down €2,729 (-82.5%), from €3,308 to €579
mainly Trade debts (-€20,505) and Net result for the year (-€9,735)
- Trade debts -€20,505
down €20,505 (-74.1%), from €27,657 to €7,152
- Other debts +€17,625
up €17,625 (+23.9%), from €73,807 to €91,432
- Profit (loss) carried forward -€9,735
down €9,735 (-84.7%), from €11,492 to €1,757
- Short-term financial debts -€1,667
down €1,667 (-6.6%), from €25,284 to €23,617
- Gross operating margin -€23,263
down €23,263 (-86.7%), from €26,818 to €3,554
- Depreciation +€2,445
up €2,445 (+49.6%), from €4,924 to €7,369
- Other operating charges -€461
down €461 (-10.3%), from €4,456 to €3,996
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €162,359 | €146,276 | -€16,083 | -9.9% |
| Fixed assets | 21/28 | €58,536 | €53,187 | -€5,349 | -9.1% |
| Tangible fixed assets | 22/27 | €58,536 | €53,187 | -€5,349 | -9.1% |
| Land and buildings | 22 | €16,733 | €16,733 | = | 0.0% |
| Plant, machinery and equipment | 23 | €11,482 | €10,105 | -€1,377 | -12.0% |
| Furniture and vehicles | 24 | €30,320 | €26,349 | -€3,972 | -13.1% |
| Current assets | 29/58 | €103,823 | €93,090 | -€10,734 | -10.3% |
| Stocks and contracts in progress | 3 | €70,751 | €78,320 | +€7,569 | +10.7% |
| Stocks | 30/36 | €70,751 | €78,320 | +€7,569 | +10.7% |
| Amounts receivable within one year | 40/41 | €29,052 | €13,653 | -€15,398 | -53.0% |
| Trade receivables | 40 | €26,358 | €12,417 | -€13,941 | -52.9% |
| Other amounts receivable | 41 | €2,694 | €1,236 | -€1,458 | -54.1% |
| Current investments | 50/53 | €2 | €2 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,308 | €579 | -€2,729 | -82.5% |
| Deferred charges and accrued income | 490/1 | €710 | €535 | -€176 | -24.7% |
| Total equity and liabilities | 10/49 | €162,359 | €146,276 | -€16,083 | -9.9% |
| Equity | 10/15 | €31,952 | €22,217 | -€9,735 | -30.5% |
| 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 | €11,492 | €1,757 | -€9,735 | -84.7% |
| Amounts payable | 17/49 | €130,407 | €124,059 | -€6,348 | -4.9% |
| Amounts payable within one year | 42/48 | €129,054 | €122,401 | -€6,652 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €1,457 | - | -€1,457 | |
| Financial debts | 43 | €25,284 | €23,617 | -€1,667 | -6.6% |
| Credit institutions | 430/8 | €25,284 | €23,617 | -€1,667 | -6.6% |
| Trade debts | 44 | €27,657 | €7,152 | -€20,505 | -74.1% |
| Suppliers | 440/4 | €27,657 | €7,152 | -€20,505 | -74.1% |
| Taxes, remuneration and social security | 45 | €848 | €200 | -€648 | -76.4% |
| Taxes | 450/3 | €848 | €200 | -€648 | -76.4% |
| Other amounts payable | 47/48 | €73,807 | €91,432 | +€17,625 | +23.9% |
| Accrued charges and deferred income | 492/3 | €1,353 | €1,658 | +€305 | +22.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,924 | €7,369 | +€2,445 | +49.6% |
| Other operating charges | 640/8 | €4,456 | €3,996 | -€461 | -10.3% |
| Gross operating margin | 9900 | €26,818 | €3,554 | -€23,263 | -86.7% |
| Operating profit (loss) | 9901 | €17,437 | -€7,810 | -€25,247 | |
| Financial income | 75/76B | €0 | €3 | +€3 | +30,100% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +30,100% |
| Financial charges | 65/66B | €1,913 | €1,675 | -€239 | -12.5% |
| Recurring financial charges | 65 | €1,913 | €1,675 | -€239 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | €15,524 | -€9,482 | -€25,006 | |
| Income taxes | 67/77 | €149 | €253 | +€104 | +69.4% |
| Profit (loss) for the period | 9904 | €15,374 | -€9,735 | -€25,109 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,374 | -€9,735 | -€25,109 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.