ATELIER EM: 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 EM
Largest movements
- Tangible fixed assets -€16,508
down €16,508 (-56.9%), from €29,006 to €12,498
of which Furniture and vehicles: -€10,305
- Cash +€15,441
up €15,441 (+89.2%), from €17,308 to €32,749
mainly Depreciation (+€17,773) and Net result for the year (+€14,471)
- Receivables within one year +€13,177
up €13,177 (+66.3%), from €19,876 to €33,053
of which Trade receivables: +€7,941
- Deferred charges and accrued income +€2,473
up €2,473 (+317%), from €779 to €3,252
- Advances received -€15,655
no longer reported in 2025 (was €15,655)
- Trade debts +€10,388
up €10,388 (+183%), from €5,675 to €16,064
- Reserves +€10,000
new in 2025: €10,000
- Accrued charges and deferred income +€5,980
new in 2025: €5,980
- Profit (loss) carried forward +€4,471
up €4,471 (+32.8%), from €13,625 to €18,096
- Gross operating margin +€38,447
up €38,447 (+61.8%), from €62,247 to €100,694
- Staff costs +€16,473
up €16,473 (+36.6%), from €45,039 to €61,512
- Taxes +€4,365
up €4,365 (+311%), from €1,403 to €5,768
- Depreciation +€2,891
up €2,891 (+19.4%), from €14,882 to €17,773
- Other operating charges -€1,452
down €1,452 (-91.3%), from €1,589 to €138
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 | €67,937 | €82,867 | +€14,929 | +22.0% |
| Fixed assets | 21/28 | €29,306 | €13,248 | -€16,058 | -54.8% |
| Tangible fixed assets | 22/27 | €29,006 | €12,498 | -€16,508 | -56.9% |
| Plant, machinery and equipment | 23 | €18,701 | €12,498 | -€6,203 | -33.2% |
| Furniture and vehicles | 24 | €10,305 | - | -€10,305 | |
| Financial fixed assets | 28 | €300 | €750 | +€450 | +150% |
| Current assets | 29/58 | €38,631 | €69,618 | +€30,987 | +80.2% |
| Stocks and contracts in progress | 3 | €668 | €565 | -€104 | -15.5% |
| Stocks | 30/36 | €668 | €565 | -€104 | -15.5% |
| Amounts receivable within one year | 40/41 | €19,876 | €33,053 | +€13,177 | +66.3% |
| Trade receivables | 40 | €10,710 | €18,652 | +€7,941 | +74.1% |
| Other amounts receivable | 41 | €9,165 | €14,401 | +€5,236 | +57.1% |
| Cash at bank and in hand | 54/58 | €17,308 | €32,749 | +€15,441 | +89.2% |
| Deferred charges and accrued income | 490/1 | €779 | €3,252 | +€2,473 | +317% |
| Total equity and liabilities | 10/49 | €67,937 | €82,867 | +€14,929 | +22.0% |
| Equity | 10/15 | €19,625 | €34,096 | +€14,471 | +73.7% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | - | €10,000 | +€10,000 | |
| Distributable reserves | 133 | - | €10,000 | +€10,000 | |
| Profit (loss) carried forward | 14 | €13,625 | €18,096 | +€4,471 | +32.8% |
| Amounts payable | 17/49 | €48,312 | €48,770 | +€458 | +0.9% |
| Amounts payable after more than one year | 17 | €12,129 | €9,281 | -€2,848 | -23.5% |
| Financial debts | 170/4 | €12,129 | €9,281 | -€2,848 | -23.5% |
| Amounts payable within one year | 42/48 | €36,183 | €33,510 | -€2,674 | -7.4% |
| Current portion of amounts payable after more than one year | 42 | €2,734 | €2,848 | +€114 | +4.2% |
| Trade debts | 44 | €5,675 | €16,064 | +€10,388 | +183% |
| Suppliers | 440/4 | €5,675 | €16,064 | +€10,388 | +183% |
| Advances received on contracts in progress | 46 | €15,655 | - | -€15,655 | |
| Taxes, remuneration and social security | 45 | €10,708 | €14,598 | +€3,890 | +36.3% |
| Taxes | 450/3 | €7,337 | €9,997 | +€2,660 | +36.3% |
| Remuneration and social security | 454/9 | €3,370 | €4,601 | +€1,230 | +36.5% |
| Other amounts payable | 47/48 | €1,412 | - | -€1,412 | |
| Accrued charges and deferred income | 492/3 | - | €5,980 | +€5,980 | |
| Remuneration, social security and pensions | 62 | €45,039 | €61,512 | +€16,473 | +36.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,882 | €17,773 | +€2,891 | +19.4% |
| Other operating charges | 640/8 | €1,589 | €138 | -€1,452 | -91.3% |
| Gross operating margin | 9900 | €62,247 | €100,694 | +€38,447 | +61.8% |
| Operating profit (loss) | 9901 | €736 | €21,271 | +€20,535 | +2,789% |
| Financial income | 75/76B | €63 | €19 | -€45 | -70.6% |
| Recurring financial income | 75 | €63 | €19 | -€45 | -70.6% |
| Financial charges | 65/66B | €1,472 | €1,050 | -€422 | -28.6% |
| Recurring financial charges | 65 | €1,472 | €1,050 | -€422 | -28.6% |
| Profit (loss) for the period before taxes | 9903 | -€672 | €20,240 | +€20,912 | |
| Income taxes | 67/77 | €1,403 | €5,768 | +€4,365 | +311% |
| Profit (loss) for the period | 9904 | -€2,075 | €14,471 | +€16,546 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,075 | €14,471 | +€16,546 |
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 18 October 2026 via checked.be.