ATELIER/M: 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/M
Largest movements
- Receivables within one year +€23,205
up €23,205 (+49.1%), from €47,237 to €70,442
of which Other amounts receivable: +€23,486
- Cash -€22,401
down €22,401 (-8.5%), from €263,615 to €241,214
mainly Investment in fixed assets (net) (-€26,982) and Receivables within one year (-€23,205)
- Tangible fixed assets +€7,799
up €7,799 (+12.0%), from €65,045 to €72,844
of which Furniture and vehicles: +€10,394
- Profit (loss) carried forward +€4,121
up €4,121 (+2.4%), from €172,154 to €176,275
- Staff costs +€44,196
up €44,196 (+10.4%), from €424,848 to €469,044
- Gross operating margin +€37,733
up €37,733 (+8.2%), from €458,400 to €496,133
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 | €386,008 | €394,610 | +€8,602 | +2.2% |
| Fixed assets | 21/28 | €69,592 | €77,391 | +€7,799 | +11.2% |
| Tangible fixed assets | 22/27 | €65,045 | €72,844 | +€7,799 | +12.0% |
| Plant, machinery and equipment | 23 | €34,493 | €31,898 | -€2,595 | -7.5% |
| Furniture and vehicles | 24 | €30,552 | €40,946 | +€10,394 | +34.0% |
| Financial fixed assets | 28 | €4,547 | €4,547 | = | 0.0% |
| Current assets | 29/58 | €316,416 | €317,219 | +€803 | +0.3% |
| Amounts receivable within one year | 40/41 | €47,237 | €70,442 | +€23,205 | +49.1% |
| Trade receivables | 40 | €4,792 | €4,511 | -€281 | -5.9% |
| Other amounts receivable | 41 | €42,445 | €65,931 | +€23,486 | +55.3% |
| Current investments | 50/53 | €1,350 | €1,350 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €263,615 | €241,214 | -€22,401 | -8.5% |
| Deferred charges and accrued income | 490/1 | €4,214 | €4,213 | -€1 | 0.0% |
| Total equity and liabilities | 10/49 | €386,008 | €394,610 | +€8,602 | +2.2% |
| Equity | 10/15 | €212,090 | €213,819 | +€1,729 | +0.8% |
| Contributions | 10/11 | €33,304 | €33,304 | = | 0.0% |
| Capital | 10 | €33,304 | €33,304 | = | 0.0% |
| Profit (loss) carried forward | 14 | €172,154 | €176,275 | +€4,121 | +2.4% |
| Investment grants | 15 | €6,632 | €4,240 | -€2,392 | -36.1% |
| Provisions and deferred taxes | 16 | €16,004 | €17,490 | +€1,486 | +9.3% |
| Provisions for liabilities and charges | 160/5 | €16,004 | €17,490 | +€1,486 | +9.3% |
| Other liabilities and charges | 164/5 | €16,004 | €17,490 | +€1,486 | +9.3% |
| Amounts payable | 17/49 | €157,914 | €163,301 | +€5,387 | +3.4% |
| Amounts payable within one year | 42/48 | €145,876 | €149,458 | +€3,582 | +2.5% |
| Trade debts | 44 | €7,811 | €448 | -€7,363 | -94.3% |
| Suppliers | 440/4 | €7,811 | €448 | -€7,363 | -94.3% |
| Taxes, remuneration and social security | 45 | €57,251 | €69,684 | +€12,433 | +21.7% |
| Taxes | 450/3 | €262 | €267 | +€5 | +1.9% |
| Remuneration and social security | 454/9 | €56,989 | €69,417 | +€12,428 | +21.8% |
| Accrued charges and deferred income | 492/3 | €12,038 | €13,843 | +€1,805 | +15.0% |
| Turnover | 70 | €20,763 | €23,494 | +€2,731 | +13.2% |
| Membership fees, donations, legacies and grants | 73 | €486,923 | €516,840 | +€29,917 | +6.1% |
| Non-recurring operating income | 76A | €3,915 | €9,499 | +€5,584 | +142.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €53,200 | €53,700 | +€500 | +0.9% |
| Remuneration, social security and pensions | 62 | €424,848 | €469,044 | +€44,196 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,652 | €19,183 | +€531 | +2.8% |
| Other operating charges | 640/8 | €1,062 | €2,335 | +€1,273 | +119.9% |
| Non-recurring operating charges | 66A | €130 | €2,948 | +€2,818 | +2167.7% |
| Gross operating margin | 9900 | €458,400 | €496,133 | +€37,733 | +8.2% |
| Operating profit (loss) | 9901 | €10,458 | €1,137 | -€9,321 | -89.1% |
| Financial income | 75/76B | €6,704 | €3,397 | -€3,307 | -49.3% |
| Recurring financial income | 75 | €6,704 | €3,397 | -€3,307 | -49.3% |
| Financial charges | 65/66B | €265 | €145 | -€120 | -45.3% |
| Recurring financial charges | 65 | €265 | €145 | -€120 | -45.3% |
| Profit (loss) for the period before taxes | 9903 | €16,897 | €4,389 | -€12,508 | -74.0% |
| Income taxes | 67/77 | €261 | €268 | +€7 | +2.7% |
| Profit (loss) for the period | 9904 | €16,636 | €4,121 | -€12,515 | -75.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,636 | €4,121 | -€12,515 | -75.2% |
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 9 October 2026 via checked.be.