Atelier GVI: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
Atelier GVI
Largest movements
- Tangible fixed assets -€67,638
down €67,638 (-29.1%), from €232,686 to €165,048
of which Leasing and similar rights: -€43,778
- Receivables within one year +€21,242
up €21,242 (+74.6%), from €28,469 to €49,710
of which Trade receivables: +€14,506
- Stocks and contracts +€13,746
up €13,746 (+4.8%), from €287,271 to €301,017
of which Contracts in progress: +€8,279
- Profit (loss) carried forward +€108,363
up €108,363 (+51.3%), from -€211,356 to -€102,992
- Debts after one year -€70,045
down €70,045 (-22.4%), from €313,358 to €243,313
- Tax, wage and social debts -€57,435
down €57,435 (-33.5%), from €171,311 to €113,876
of which Remuneration and social security: -€30,254
- Trade debts -€16,471
down €16,471 (-8.7%), from €189,403 to €172,932
- Gross operating margin +€161,550
up €161,550 (+30.8%), from €523,877 to €685,427
- Staff costs -€8,400
down €8,400 (-1.8%), from €459,734 to €451,333
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 | €551,740 | €518,293 | -€33,447 | -6.1% |
| Fixed assets | 21/28 | €233,555 | €165,916 | -€67,638 | -29.0% |
| Tangible fixed assets | 22/27 | €232,686 | €165,048 | -€67,638 | -29.1% |
| Land and buildings | 22 | €95 | €0 | -€95 | -100% |
| Plant, machinery and equipment | 23 | €59,766 | €50,219 | -€9,548 | -16.0% |
| Furniture and vehicles | 24 | €41,352 | €32,910 | -€8,441 | -20.4% |
| Leasing and similar rights | 25 | €98,769 | €54,991 | -€43,778 | -44.3% |
| Other tangible fixed assets | 26 | €32,704 | €26,928 | -€5,776 | -17.7% |
| Financial fixed assets | 28 | €869 | €869 | = | 0.0% |
| Current assets | 29/58 | €318,185 | €352,377 | +€34,192 | +10.7% |
| Stocks and contracts in progress | 3 | €287,271 | €301,017 | +€13,746 | +4.8% |
| Stocks | 30/36 | €251,193 | €256,659 | +€5,466 | +2.2% |
| Contracts in progress | 37 | €36,079 | €44,358 | +€8,279 | +22.9% |
| Amounts receivable within one year | 40/41 | €28,469 | €49,710 | +€21,242 | +74.6% |
| Trade receivables | 40 | €27,900 | €42,406 | +€14,506 | +52.0% |
| Other amounts receivable | 41 | €569 | €7,304 | +€6,736 | +1,184% |
| Cash at bank and in hand | 54/58 | €379 | €540 | +€161 | +42.5% |
| Deferred charges and accrued income | 490/1 | €2,066 | €1,109 | -€956 | -46.3% |
| Total equity and liabilities | 10/49 | €551,740 | €518,293 | -€33,447 | -6.1% |
| Equity | 10/15 | -€190,896 | -€82,532 | +€108,363 | +56.8% |
| 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 | -€211,356 | -€102,992 | +€108,363 | +51.3% |
| Amounts payable | 17/49 | €742,635 | €600,825 | -€141,810 | -19.1% |
| Amounts payable after more than one year | 17 | €313,358 | €243,313 | -€70,045 | -22.4% |
| Financial debts | 170/4 | €313,358 | €243,313 | -€70,045 | -22.4% |
| Amounts payable within one year | 42/48 | €428,805 | €356,937 | -€71,867 | -16.8% |
| Current portion of amounts payable after more than one year | 42 | €62,156 | €63,066 | +€910 | +1.5% |
| Financial debts | 43 | €329 | €464 | +€135 | +40.9% |
| Credit institutions | 430/8 | €329 | €464 | +€135 | +40.9% |
| Trade debts | 44 | €189,403 | €172,932 | -€16,471 | -8.7% |
| Suppliers | 440/4 | €189,403 | €172,932 | -€16,471 | -8.7% |
| Taxes, remuneration and social security | 45 | €171,311 | €113,876 | -€57,435 | -33.5% |
| Taxes | 450/3 | €76,943 | €49,763 | -€27,181 | -35.3% |
| Remuneration and social security | 454/9 | €94,368 | €64,113 | -€30,254 | -32.1% |
| Other amounts payable | 47/48 | €5,606 | €6,600 | +€994 | +17.7% |
| Accrued charges and deferred income | 492/3 | €473 | €574 | +€102 | +21.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €459,734 | €451,333 | -€8,400 | -1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,837 | €80,103 | -€734 | -0.9% |
| Other operating charges | 640/8 | €4,719 | €4,843 | +€124 | +2.6% |
| Gross operating margin | 9900 | €523,877 | €685,427 | +€161,550 | +30.8% |
| Operating profit (loss) | 9901 | -€21,413 | €149,148 | +€170,560 | |
| Financial income | 75/76B | €395 | €477 | +€81 | +20.5% |
| Recurring financial income | 75 | €395 | €477 | +€81 | +20.5% |
| Financial charges | 65/66B | €37,242 | €40,874 | +€3,632 | +9.8% |
| Recurring financial charges | 65 | €37,242 | €40,874 | +€3,632 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | -€58,259 | €108,750 | +€167,009 | |
| Income taxes | 67/77 | €255 | €387 | +€131 | +51.4% |
| Profit (loss) for the period | 9904 | -€58,514 | €108,363 | +€166,878 | |
| Profit (loss) for the period to be appropriated | 9905 | -€58,514 | €108,363 | +€166,878 |
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 1 November 2026 via checked.be.