Atelier LS: what changed
Two fiscal 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 LS
Largest movements
- Tangible fixed assets +€320,471
up €320,471 (+118.4%), from €270,560 to €591,031
of which Land and buildings: +€326,759
- Receivables within one year +€22,113
up €22,113 (+72.5%), from €30,492 to €52,605
of which Trade receivables: +€14,688
- Cash +€9,245
up €9,245 (+11.5%), from €80,245 to €89,490
mainly Debts after one year (+€288,418) and Net result for the year (+€50,318)
- Debts after one year +€288,418
up €288,418 (+255.8%), from €112,748 to €401,166
- Profit (loss) carried forward +€50,318
up €50,318 (+69.5%), from €72,349 to €122,667
- Trade debts -€20,657
down €20,657 (-63.1%), from €32,753 to €12,096
- Tax, wage and social debts +€15,227
up €15,227 (+51.3%), from €29,711 to €44,938
of which Taxes: +€8,266
- Current portion of long-term debt +€12,270
up €12,270 (+72.0%), from €17,051 to €29,321
- Staff costs +€47,858
up €47,858 (+2272.5%), from €2,106 to €49,964
- Gross operating margin +€32,877
up €32,877 (+28.1%), from €116,882 to €149,759
- Depreciation +€18,264
up €18,264 (+123.8%), from €14,752 to €33,016
- Taxes -€16,833
down €16,833 (-70.1%), from €24,000 to €7,167
- Financial charges +€6,455
up €6,455 (+209.6%), from €3,080 to €9,535
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.
Cash bridge derived
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 | €425,279 | €777,381 | +€352,102 | +82.8% |
| Fixed assets | 21/28 | €271,658 | €591,855 | +€320,197 | +117.9% |
| Intangible fixed assets | 21 | €1,098 | €824 | -€274 | -25.0% |
| Tangible fixed assets | 22/27 | €270,560 | €591,031 | +€320,471 | +118.4% |
| Land and buildings | 22 | €172,783 | €499,542 | +€326,759 | +189.1% |
| Plant, machinery and equipment | 23 | €73,815 | €68,590 | -€5,225 | -7.1% |
| Furniture and vehicles | 24 | €23,962 | €22,899 | -€1,063 | -4.4% |
| Current assets | 29/58 | €153,621 | €185,526 | +€31,905 | +20.8% |
| Stocks and contracts in progress | 3 | €42,884 | €43,431 | +€547 | +1.3% |
| Stocks | 30/36 | €42,884 | €43,431 | +€547 | +1.3% |
| Amounts receivable within one year | 40/41 | €30,492 | €52,605 | +€22,113 | +72.5% |
| Trade receivables | 40 | €30,492 | €45,180 | +€14,688 | +48.2% |
| Other amounts receivable | 41 | - | €7,425 | +€7,425 | |
| Cash at bank and in hand | 54/58 | €80,245 | €89,490 | +€9,245 | +11.5% |
| Total equity and liabilities | 10/49 | €425,279 | €777,381 | +€352,102 | +82.8% |
| Equity | 10/15 | €92,349 | €142,667 | +€50,318 | +54.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,349 | €122,667 | +€50,318 | +69.5% |
| Amounts payable | 17/49 | €332,930 | €634,714 | +€301,784 | +90.6% |
| Amounts payable after more than one year | 17 | €112,748 | €401,166 | +€288,418 | +255.8% |
| Financial debts | 170/4 | €112,748 | €401,166 | +€288,418 | +255.8% |
| Amounts payable within one year | 42/48 | €220,182 | €233,548 | +€13,366 | +6.1% |
| Current portion of amounts payable after more than one year | 42 | €17,051 | €29,321 | +€12,270 | +72.0% |
| Trade debts | 44 | €32,753 | €12,096 | -€20,657 | -63.1% |
| Suppliers | 440/4 | €32,753 | €12,096 | -€20,657 | -63.1% |
| Taxes, remuneration and social security | 45 | €29,711 | €44,938 | +€15,227 | +51.3% |
| Taxes | 450/3 | €26,451 | €34,717 | +€8,266 | +31.3% |
| Remuneration and social security | 454/9 | €3,260 | €10,221 | +€6,961 | +213.5% |
| Other amounts payable | 47/48 | €140,667 | €147,193 | +€6,526 | +4.6% |
| Remuneration, social security and pensions | 62 | €2,106 | €49,964 | +€47,858 | +2272.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,752 | €33,016 | +€18,264 | +123.8% |
| Other operating charges | 640/8 | €1,798 | €992 | -€806 | -44.8% |
| Gross operating margin | 9900 | €116,882 | €149,759 | +€32,877 | +28.1% |
| Operating profit (loss) | 9901 | €98,226 | €65,787 | -€32,439 | -33.0% |
| Financial income | 75/76B | €1,203 | €1,233 | +€30 | +2.5% |
| Recurring financial income | 75 | €1,203 | €1,233 | +€30 | +2.5% |
| Financial charges | 65/66B | €3,080 | €9,535 | +€6,455 | +209.6% |
| Recurring financial charges | 65 | €3,080 | €9,535 | +€6,455 | +209.6% |
| Profit (loss) for the period before taxes | 9903 | €96,349 | €57,485 | -€38,864 | -40.3% |
| Income taxes | 67/77 | €24,000 | €7,167 | -€16,833 | -70.1% |
| Profit (loss) for the period | 9904 | €72,349 | €50,318 | -€22,031 | -30.5% |
| Profit (loss) for the period to be appropriated | 9905 | €72,349 | €50,318 | -€22,031 | -30.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.