Atelier MM: 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 MM
Largest movements
- Receivables within one year +€87,218
up €87,218 (+133%), from €65,613 to €152,831
of which Other amounts receivable: +€93,255
- Cash -€62,154
down €62,154 (-39.6%), from €156,878 to €94,724
mainly Contributions, distributions and other (-€109,000) and Receivables within one year (-€87,218)
- Tangible fixed assets +€6,766
up €6,766 (+25.5%), from €26,585 to €33,351
of which Furniture and vehicles: +€11,664
- Other debts +€96,115
up €96,115 (+1,557%), from €6,175 to €102,290
- Reserves -€81,070
down €81,070 (-49.6%), from €163,560 to €82,490
of which Distributable reserves: -€81,070
- Tax, wage and social debts +€20,541
up €20,541 (+173%), from €11,877 to €32,418
of which Taxes: +€20,411
- Gross operating margin -€4,692
down €4,692 (-5.8%), from €81,083 to €76,392
- Depreciation -€1,771
down €1,771 (-15.6%), from €11,371 to €9,600
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 | €250,454 | €282,502 | +€32,048 | +12.8% |
| Fixed assets | 21/28 | €26,765 | €33,531 | +€6,766 | +25.3% |
| Tangible fixed assets | 22/27 | €26,585 | €33,351 | +€6,766 | +25.5% |
| Land and buildings | 22 | €20,900 | €14,814 | -€6,086 | -29.1% |
| Plant, machinery and equipment | 23 | - | €1,189 | +€1,189 | |
| Furniture and vehicles | 24 | €5,685 | €17,348 | +€11,664 | +205% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €223,689 | €248,971 | +€25,282 | +11.3% |
| Stocks and contracts in progress | 3 | €979 | €368 | -€612 | -62.5% |
| Stocks | 30/36 | €979 | €368 | -€612 | -62.5% |
| Amounts receivable within one year | 40/41 | €65,613 | €152,831 | +€87,218 | +133% |
| Trade receivables | 40 | €6,209 | €172 | -€6,037 | -97.2% |
| Other amounts receivable | 41 | €59,405 | €152,659 | +€93,255 | +157% |
| Cash at bank and in hand | 54/58 | €156,878 | €94,724 | -€62,154 | -39.6% |
| Deferred charges and accrued income | 490/1 | €218 | €1,047 | +€829 | +380% |
| Total equity and liabilities | 10/49 | €250,454 | €282,502 | +€32,048 | +12.8% |
| Equity | 10/15 | €228,676 | €147,613 | -€81,063 | -35.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €163,560 | €82,490 | -€81,070 | -49.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €161,700 | €80,630 | -€81,070 | -50.1% |
| Profit (loss) carried forward | 14 | €52,716 | €52,723 | +€7 | 0.0% |
| Amounts payable | 17/49 | €21,778 | €134,889 | +€113,111 | +519% |
| Amounts payable within one year | 42/48 | €20,545 | €134,889 | +€114,344 | +557% |
| Trade debts | 44 | €2,493 | €181 | -€2,312 | -92.8% |
| Suppliers | 440/4 | €2,493 | €181 | -€2,312 | -92.8% |
| Taxes, remuneration and social security | 45 | €11,877 | €32,418 | +€20,541 | +173% |
| Taxes | 450/3 | €7,476 | €27,888 | +€20,411 | +273% |
| Remuneration and social security | 454/9 | €4,400 | €4,530 | +€130 | +3.0% |
| Other amounts payable | 47/48 | €6,175 | €102,290 | +€96,115 | +1,557% |
| Accrued charges and deferred income | 492/3 | €1,233 | - | -€1,233 | |
| Remuneration, social security and pensions | 62 | €23,694 | €23,778 | +€84 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,371 | €9,600 | -€1,771 | -15.6% |
| Other operating charges | 640/8 | €2,545 | €2,530 | -€15 | -0.6% |
| Gross operating margin | 9900 | €81,083 | €76,392 | -€4,692 | -5.8% |
| Operating profit (loss) | 9901 | €43,474 | €40,485 | -€2,990 | -6.9% |
| Financial income | 75/76B | €1 | €0 | -€1 | -95.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -95.0% |
| Financial charges | 65/66B | €126 | €212 | +€86 | +68.3% |
| Recurring financial charges | 65 | €126 | €212 | +€86 | +68.3% |
| Profit (loss) for the period before taxes | 9903 | €43,350 | €40,273 | -€3,077 | -7.1% |
| Income taxes | 67/77 | €12,598 | €12,336 | -€262 | -2.1% |
| Profit (loss) for the period | 9904 | €30,752 | €27,937 | -€2,815 | -9.2% |
| Profit (loss) for the period to be appropriated | 9905 | €30,752 | €27,937 | -€2,815 | -9.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.