Atelier H: 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 H
Largest movements
- Stocks and contracts +€19,754
up €19,754 (+91.0%), from €21,703 to €41,457
of which Contracts in progress: +€19,606
- Cash +€3,935
up €3,935 (+2,186%), from €180 to €4,115
mainly Trade debts (+€25,799) and Other debts (+€11,458)
- Deferred charges and accrued income +€1,896
up €1,896 (+459%), from €413 to €2,309
- Trade debts +€25,799
up €25,799 (+372%), from €6,934 to €32,733
- Other debts +€11,458
new in 2024: €11,458
- Debts after one year -€8,291
down €8,291 (-35.0%), from €23,688 to €15,397
- Advances received -€3,303
down €3,303 (-10.4%), from €31,832 to €28,529
- Gross operating margin -€42,382
down €42,382 (-76.6%), from €55,348 to €12,966
- Staff costs -€26,499
down €26,499 (-98.9%), from €26,793 to €294
- Depreciation +€765
up €765 (+8.6%), from €8,859 to €9,624
- Taxes -€738
down €738 (-91.1%), from €810 to €72
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €99,935 | €126,992 | +€27,057 | +27.1% |
| Fixed assets | 21/28 | €33,409 | €33,621 | +€212 | +0.6% |
| Tangible fixed assets | 22/27 | €33,409 | €33,621 | +€212 | +0.6% |
| Plant, machinery and equipment | 23 | - | €2,773 | +€2,773 | |
| Furniture and vehicles | 24 | €33,409 | €24,529 | -€8,880 | -26.6% |
| Other tangible fixed assets | 26 | - | €6,319 | +€6,319 | |
| Current assets | 29/58 | €66,526 | €93,371 | +€26,845 | +40.4% |
| Stocks and contracts in progress | 3 | €21,703 | €41,457 | +€19,754 | +91.0% |
| Stocks | 30/36 | €1,230 | €1,378 | +€148 | +12.0% |
| Contracts in progress | 37 | €20,473 | €40,079 | +€19,606 | +95.8% |
| Amounts receivable within one year | 40/41 | €44,230 | €45,490 | +€1,260 | +2.8% |
| Trade receivables | 40 | €38,545 | €41,344 | +€2,799 | +7.3% |
| Other amounts receivable | 41 | €5,685 | €4,146 | -€1,539 | -27.1% |
| Cash at bank and in hand | 54/58 | €180 | €4,115 | +€3,935 | +2,186% |
| Deferred charges and accrued income | 490/1 | €413 | €2,309 | +€1,896 | +459% |
| Total equity and liabilities | 10/49 | €99,935 | €126,992 | +€27,057 | +27.1% |
| Equity | 10/15 | €28,102 | €28,826 | +€724 | +2.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €8,102 | €8,826 | +€724 | +8.9% |
| Distributable reserves | 133 | €8,102 | €8,826 | +€724 | +8.9% |
| Amounts payable | 17/49 | €71,833 | €98,166 | +€26,333 | +36.7% |
| Amounts payable after more than one year | 17 | €23,688 | €15,397 | -€8,291 | -35.0% |
| Financial debts | 170/4 | €23,688 | €15,397 | -€8,291 | -35.0% |
| Amounts payable within one year | 42/48 | €48,063 | €82,615 | +€34,552 | +71.9% |
| Current portion of amounts payable after more than one year | 42 | €7,942 | €8,291 | +€349 | +4.4% |
| Trade debts | 44 | €6,934 | €32,733 | +€25,799 | +372% |
| Suppliers | 440/4 | €6,934 | €32,733 | +€25,799 | +372% |
| Advances received on contracts in progress | 46 | €31,832 | €28,529 | -€3,303 | -10.4% |
| Taxes, remuneration and social security | 45 | €1,355 | €1,604 | +€249 | +18.4% |
| Taxes | 450/3 | €1,355 | €1,604 | +€249 | +18.4% |
| Other amounts payable | 47/48 | - | €11,458 | +€11,458 | |
| Accrued charges and deferred income | 492/3 | €82 | €154 | +€72 | +87.8% |
| Remuneration, social security and pensions | 62 | €26,793 | €294 | -€26,499 | -98.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,859 | €9,624 | +€765 | +8.6% |
| Other operating charges | 640/8 | €1,282 | €1,029 | -€253 | -19.7% |
| Gross operating margin | 9900 | €55,348 | €12,966 | -€42,382 | -76.6% |
| Operating profit (loss) | 9901 | €18,414 | €2,019 | -€16,395 | -89.0% |
| Financial income | 75/76B | €465 | €76 | -€389 | -83.7% |
| Recurring financial income | 75 | €465 | €76 | -€389 | -83.7% |
| Financial charges | 65/66B | €1,771 | €1,299 | -€472 | -26.7% |
| Recurring financial charges | 65 | €1,771 | €1,299 | -€472 | -26.7% |
| Profit (loss) for the period before taxes | 9903 | €17,108 | €796 | -€16,312 | -95.3% |
| Income taxes | 67/77 | €810 | €72 | -€738 | -91.1% |
| Profit (loss) for the period | 9904 | €16,298 | €724 | -€15,574 | -95.6% |
| Profit (loss) for the period to be appropriated | 9905 | €16,298 | €724 | -€15,574 | -95.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.