ATELIER GEORGES CUYVERS: 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 GEORGES CUYVERS
Largest movements
- Cash +€85,306
up €85,306 (+144%), from €59,076 to €144,382
mainly Net result for the year (+€62,634) and Receivables within one year (+€24,180)
- Receivables within one year -€24,180
down €24,180 (-88.4%), from €27,349 to €3,169
of which Other amounts receivable: -€13,177
- Stocks and contracts +€10,478
up €10,478 (+18.3%), from €57,237 to €67,715
- Reserves +€57,136
up €57,136 (+48.2%), from €118,532 to €175,668
- Tax, wage and social debts +€6,549
up €6,549 (+158%), from €4,158 to €10,707
- Profit (loss) carried forward +€5,498
no longer reported in 2025 (was -€5,498)
- Other debts +€3,045
up €3,045 (+254%), from €1,199 to €4,245
- Gross operating margin +€95,217
up €95,217, from -€320 to €94,897
- Taxes +€29,528
new in 2025: €29,528
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 | €150,181 | €220,803 | +€70,622 | +47.0% |
| Fixed assets | 21/28 | €6,518 | €5,240 | -€1,278 | -19.6% |
| Tangible fixed assets | 22/27 | €6,268 | €4,990 | -€1,278 | -20.4% |
| Plant, machinery and equipment | 23 | €1,319 | €788 | -€531 | -40.2% |
| Furniture and vehicles | 24 | €850 | €102 | -€747 | -88.0% |
| Other tangible fixed assets | 26 | €4,100 | €4,100 | = | 0.0% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €143,663 | €215,562 | +€71,900 | +50.0% |
| Stocks and contracts in progress | 3 | €57,237 | €67,715 | +€10,478 | +18.3% |
| Stocks | 30/36 | €57,237 | €67,715 | +€10,478 | +18.3% |
| Amounts receivable within one year | 40/41 | €27,349 | €3,169 | -€24,180 | -88.4% |
| Trade receivables | 40 | €14,172 | €3,169 | -€11,003 | -77.6% |
| Other amounts receivable | 41 | €13,177 | - | -€13,177 | |
| Cash at bank and in hand | 54/58 | €59,076 | €144,382 | +€85,306 | +144% |
| Deferred charges and accrued income | 490/1 | - | €296 | +€296 | |
| Total equity and liabilities | 10/49 | €150,181 | €220,803 | +€70,622 | +47.0% |
| Equity | 10/15 | €143,034 | €205,668 | +€62,634 | +43.8% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €118,532 | €175,668 | +€57,136 | +48.2% |
| Distributable reserves | 133 | €118,532 | €175,668 | +€57,136 | +48.2% |
| Profit (loss) carried forward | 14 | -€5,498 | - | +€5,498 | |
| Amounts payable | 17/49 | €7,147 | €15,135 | +€7,988 | +112% |
| Amounts payable within one year | 42/48 | €7,147 | €15,135 | +€7,988 | +112% |
| Trade debts | 44 | €1,789 | €183 | -€1,606 | -89.8% |
| Suppliers | 440/4 | €1,789 | €183 | -€1,606 | -89.8% |
| Taxes, remuneration and social security | 45 | €4,158 | €10,707 | +€6,549 | +158% |
| Taxes | 450/3 | €4,158 | €10,707 | +€6,549 | +158% |
| Other amounts payable | 47/48 | €1,199 | €4,245 | +€3,045 | +254% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,515 | €1,278 | -€237 | -15.7% |
| Other operating charges | 640/8 | €1,417 | €1,329 | -€88 | -6.2% |
| Gross operating margin | 9900 | -€320 | €94,897 | +€95,217 | |
| Operating profit (loss) | 9901 | -€3,252 | €92,291 | +€95,543 | |
| Financial income | 75/76B | €10 | €2 | -€8 | -80.1% |
| Recurring financial income | 75 | €10 | €2 | -€8 | -80.1% |
| Financial charges | 65/66B | €93 | €131 | +€38 | +40.9% |
| Recurring financial charges | 65 | €93 | €131 | +€38 | +40.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,335 | €92,162 | +€95,497 | |
| Income taxes | 67/77 | - | €29,528 | +€29,528 | |
| Profit (loss) for the period | 9904 | -€3,335 | €62,634 | +€65,969 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,335 | €62,634 | +€65,969 |
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 29 October 2026 via checked.be.