ATELIER MENCHIOR: 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 MENCHIOR
Largest movements
- Current investments +€13,103
up €13,103 (+117%), from €11,200 to €24,303
- Cash +€6,276
up €6,276 (+179%), from €3,513 to €9,789
mainly Other debts (+€13,917) and Depreciation (+€6,417)
- Receivables within one year -€5,965
down €5,965 (-26.7%), from €22,313 to €16,348
of which Other amounts receivable: -€5,460
- Tangible fixed assets -€2,527
down €2,527 (-1.6%), from €156,884 to €154,357
of which Land and buildings: -€3,274
- Other debts +€13,917
up €13,917 (+16.8%), from €82,999 to €96,916
- Trade debts -€2,734
down €2,734 (-61.2%), from €4,465 to €1,731
- Gross operating margin +€33,105
up €33,105 (+51.4%), from €64,415 to €97,520
- Staff costs +€15,576
up €15,576 (+25.7%), from €60,562 to €76,138
- Depreciation -€2,824
down €2,824 (-30.6%), from €9,241 to €6,417
- Financial income +€1,017
up €1,017 (+2,112%), from €48 to €1,065
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 | €221,960 | €234,283 | +€12,323 | +5.6% |
| Fixed assets | 21/28 | €156,884 | €154,357 | -€2,527 | -1.6% |
| Tangible fixed assets | 22/27 | €156,884 | €154,357 | -€2,527 | -1.6% |
| Land and buildings | 22 | €139,850 | €136,576 | -€3,274 | -2.3% |
| Plant, machinery and equipment | 23 | €12,750 | €14,080 | +€1,330 | +10.4% |
| Furniture and vehicles | 24 | €4,284 | €3,701 | -€583 | -13.6% |
| Current assets | 29/58 | €65,076 | €79,926 | +€14,850 | +22.8% |
| Stocks and contracts in progress | 3 | €21,934 | €23,087 | +€1,152 | +5.3% |
| Stocks | 30/36 | €21,934 | €23,087 | +€1,152 | +5.3% |
| Amounts receivable within one year | 40/41 | €22,313 | €16,348 | -€5,965 | -26.7% |
| Trade receivables | 40 | €505 | - | -€505 | |
| Other amounts receivable | 41 | €21,808 | €16,348 | -€5,460 | -25.0% |
| Current investments | 50/53 | €11,200 | €24,303 | +€13,103 | +117% |
| Cash at bank and in hand | 54/58 | €3,513 | €9,789 | +€6,276 | +179% |
| Deferred charges and accrued income | 490/1 | €6,116 | €6,400 | +€283 | +4.6% |
| Total equity and liabilities | 10/49 | €221,960 | €234,283 | +€12,323 | +5.6% |
| Equity | 10/15 | €116,522 | €117,655 | +€1,132 | +1.0% |
| Contributions | 10/11 | €22,310 | €22,310 | = | 0.0% |
| Reserves | 13 | €69,984 | €69,984 | = | 0.0% |
| Tax-exempt reserves | 132 | €67,753 | €67,753 | = | 0.0% |
| Distributable reserves | 133 | €2,231 | €2,231 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,228 | €25,360 | +€1,132 | +4.7% |
| Amounts payable | 17/49 | €105,437 | €116,628 | +€11,190 | +10.6% |
| Amounts payable within one year | 42/48 | €96,451 | €109,191 | +€12,740 | +13.2% |
| Trade debts | 44 | €4,465 | €1,731 | -€2,734 | -61.2% |
| Suppliers | 440/4 | €4,465 | €1,731 | -€2,734 | -61.2% |
| Taxes, remuneration and social security | 45 | €8,987 | €10,544 | +€1,557 | +17.3% |
| Taxes | 450/3 | €588 | €378 | -€210 | -35.7% |
| Remuneration and social security | 454/9 | €8,398 | €10,165 | +€1,767 | +21.0% |
| Other amounts payable | 47/48 | €82,999 | €96,916 | +€13,917 | +16.8% |
| Accrued charges and deferred income | 492/3 | €8,987 | €7,437 | -€1,550 | -17.2% |
| Remuneration, social security and pensions | 62 | €60,562 | €76,138 | +€15,576 | +25.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,241 | €6,417 | -€2,824 | -30.6% |
| Other operating charges | 640/8 | €13,085 | €13,789 | +€705 | +5.4% |
| Gross operating margin | 9900 | €64,415 | €97,520 | +€33,105 | +51.4% |
| Operating profit (loss) | 9901 | -€18,472 | €1,177 | +€19,649 | |
| Financial income | 75/76B | €48 | €1,065 | +€1,017 | +2,112% |
| Recurring financial income | 75 | €48 | €1,065 | +€1,017 | +2,112% |
| Financial charges | 65/66B | €1,224 | €1,046 | -€178 | -14.6% |
| Recurring financial charges | 65 | €1,224 | €1,046 | -€178 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | -€19,648 | €1,196 | +€20,844 | |
| Income taxes | 67/77 | €498 | €64 | -€434 | -87.2% |
| Profit (loss) for the period | 9904 | -€20,146 | €1,132 | +€21,278 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,146 | €1,132 | +€21,278 |
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.