Atelier Glacier: 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 Glacier
Largest movements
- Deferred charges and accrued income +€8,417
up €8,417 (+1,558%), from €540 to €8,957
- Stocks and contracts -€6,266
down €6,266 (-38.1%), from €16,460 to €10,194
- Tangible fixed assets +€6,218
up €6,218 (+2.9%), from €217,333 to €223,551
of which Plant, machinery and equipment: +€22,050
- Receivables within one year -€6,197
down €6,197 (-10.7%), from €57,784 to €51,587
of which Other amounts receivable: -€10,401
- Contributions +€590,000
up €590,000 (+58.4%), from €1.0m to €1.6m
- Other debts -€381,608
down €381,608 (-30.4%), from €1.3m to €873,882
- Debts after one year -€280,000
down €280,000 (-84.8%), from €330,000 to €50,000
- Profit (loss) carried forward +€41,051
up €41,051 (+1.8%), from -€2.3m to -€2.3m
- Trade debts +€34,769
up €34,769 (+80.2%), from €43,327 to €78,095
- Staff costs -€63,671
down €63,671 (-98.9%), from €64,369 to €698
- Other operating charges +€26,471
up €26,471 (+3,340%), from €793 to €27,263
- Taxes +€12,971
new in 2025: €12,971
- Gross operating margin +€12,924
up €12,924 (+11.7%), from €110,333 to €123,258
- Financial charges -€4,894
down €4,894 (-90.1%), from €5,429 to €536
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 | €330,415 | €333,324 | +€2,909 | +0.9% |
| Fixed assets | 21/28 | €223,533 | €229,751 | +€6,218 | +2.8% |
| Tangible fixed assets | 22/27 | €217,333 | €223,551 | +€6,218 | +2.9% |
| Plant, machinery and equipment | 23 | €134,278 | €156,328 | +€22,050 | +16.4% |
| Furniture and vehicles | 24 | €83,054 | €67,223 | -€15,831 | -19.1% |
| Financial fixed assets | 28 | €6,200 | €6,200 | = | 0.0% |
| Current assets | 29/58 | €106,883 | €103,574 | -€3,309 | -3.1% |
| Stocks and contracts in progress | 3 | €16,460 | €10,194 | -€6,266 | -38.1% |
| Stocks | 30/36 | €16,460 | €10,194 | -€6,266 | -38.1% |
| Amounts receivable within one year | 40/41 | €57,784 | €51,587 | -€6,197 | -10.7% |
| Trade receivables | 40 | €8,897 | €13,101 | +€4,204 | +47.3% |
| Other amounts receivable | 41 | €48,887 | €38,486 | -€10,401 | -21.3% |
| Cash at bank and in hand | 54/58 | €32,099 | €32,836 | +€737 | +2.3% |
| Deferred charges and accrued income | 490/1 | €540 | €8,957 | +€8,417 | +1,558% |
| Total equity and liabilities | 10/49 | €330,415 | €333,324 | +€2,909 | +0.9% |
| Equity | 10/15 | -€1,299,704 | -€668,653 | +€631,051 | +48.6% |
| Contributions | 10/11 | €1,010,000 | €1,600,000 | +€590,000 | +58.4% |
| Profit (loss) carried forward | 14 | -€2,309,704 | -€2,268,653 | +€41,051 | +1.8% |
| Amounts payable | 17/49 | €1,630,120 | €1,001,977 | -€628,142 | -38.5% |
| Amounts payable after more than one year | 17 | €330,000 | €50,000 | -€280,000 | -84.8% |
| Financial debts | 170/4 | €330,000 | €50,000 | -€280,000 | -84.8% |
| Amounts payable within one year | 42/48 | €1,300,120 | €951,977 | -€348,142 | -26.8% |
| Financial debts | 43 | €1,303 | €0 | -€1,303 | -100% |
| Credit institutions | 430/8 | €1,303 | €0 | -€1,303 | -100% |
| Trade debts | 44 | €43,327 | €78,095 | +€34,769 | +80.2% |
| Suppliers | 440/4 | €43,327 | €78,095 | +€34,769 | +80.2% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,255,490 | €873,882 | -€381,608 | -30.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €64,369 | €698 | -€63,671 | -98.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,691 | €40,342 | +€2,651 | +7.0% |
| Other operating charges | 640/8 | €793 | €27,263 | +€26,471 | +3,340% |
| Non-recurring operating charges | 66A | €0 | €396 | +€396 | |
| Gross operating margin | 9900 | €110,333 | €123,258 | +€12,924 | +11.7% |
| Operating profit (loss) | 9901 | €7,481 | €54,558 | +€47,077 | +629% |
| Financial income | 75/76B | €1,433 | €0 | -€1,433 | -100% |
| Recurring financial income | 75 | €1,433 | €0 | -€1,433 | -100% |
| Financial charges | 65/66B | €5,429 | €536 | -€4,894 | -90.1% |
| Recurring financial charges | 65 | €5,429 | €536 | -€4,894 | -90.1% |
| Profit (loss) for the period before taxes | 9903 | €3,484 | €54,022 | +€50,538 | +1,450% |
| Income taxes | 67/77 | - | €12,971 | +€12,971 | |
| Profit (loss) for the period | 9904 | €3,484 | €41,051 | +€37,567 | +1,078% |
| Profit (loss) for the period to be appropriated | 9905 | €3,484 | €41,051 | +€37,567 | +1,078% |
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.