Atelier MW: 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 MW
Largest movements
- Tangible fixed assets +€45,102
up €45,102 (+64.2%), from €70,220 to €115,322
of which Furniture and vehicles: +€25,217
- Deferred charges and accrued income -€4,020
down €4,020 (-100%), from €4,020 to €0
- Debts after one year +€66,919
new in 2025: €66,919
- Trade debts -€26,593
down €26,593 (-45.4%), from €58,611 to €32,018
- Other debts -€14,667
down €14,667 (-21.8%), from €67,372 to €52,705
- Current portion of long-term debt +€10,616
new in 2025: €10,616
- Reserves +€3,593
up €3,593 (+37.8%), from €9,500 to €13,093
- Staff costs +€11,703
up €11,703 (+35.3%), from €33,121 to €44,824
- Gross operating margin +€5,105
up €5,105 (+7.1%), from €71,923 to €77,028
- Taxes -€3,115
down €3,115 (-89.7%), from €3,475 to €359
- Financial charges +€2,929
up €2,929 (+970%), from €302 to €3,230
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 | €147,671 | €187,581 | +€39,910 | +27.0% |
| Fixed assets | 21/28 | €70,446 | €115,548 | +€45,102 | +64.0% |
| Tangible fixed assets | 22/27 | €70,220 | €115,322 | +€45,102 | +64.2% |
| Land and buildings | 22 | €24,988 | €35,622 | +€10,634 | +42.6% |
| Plant, machinery and equipment | 23 | €25,159 | €32,705 | +€7,547 | +30.0% |
| Furniture and vehicles | 24 | €17,973 | €43,190 | +€25,217 | +140% |
| Other tangible fixed assets | 26 | €2,100 | €3,805 | +€1,704 | +81.2% |
| Financial fixed assets | 28 | €226 | €226 | = | 0.0% |
| Current assets | 29/58 | €77,225 | €72,033 | -€5,191 | -6.7% |
| Amounts receivable within one year | 40/41 | €50,195 | €49,443 | -€752 | -1.5% |
| Trade receivables | 40 | €42,982 | €46,113 | +€3,132 | +7.3% |
| Other amounts receivable | 41 | €7,213 | €3,330 | -€3,883 | -53.8% |
| Cash at bank and in hand | 54/58 | €23,010 | €22,590 | -€420 | -1.8% |
| Deferred charges and accrued income | 490/1 | €4,020 | €0 | -€4,020 | -100% |
| Total equity and liabilities | 10/49 | €147,671 | €187,581 | +€39,910 | +27.0% |
| Equity | 10/15 | €14,500 | €18,093 | +€3,593 | +24.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €9,500 | €13,093 | +€3,593 | +37.8% |
| Distributable reserves | 133 | €9,500 | €13,093 | +€3,593 | +37.8% |
| Amounts payable | 17/49 | €133,170 | €169,488 | +€36,318 | +27.3% |
| Amounts payable after more than one year | 17 | - | €66,919 | +€66,919 | |
| Financial debts | 170/4 | - | €66,919 | +€66,919 | |
| Amounts payable within one year | 42/48 | €132,500 | €101,899 | -€30,601 | -23.1% |
| Current portion of amounts payable after more than one year | 42 | - | €10,616 | +€10,616 | |
| Trade debts | 44 | €58,611 | €32,018 | -€26,593 | -45.4% |
| Suppliers | 440/4 | €58,611 | €32,018 | -€26,593 | -45.4% |
| Taxes, remuneration and social security | 45 | €6,517 | €6,560 | +€43 | +0.7% |
| Taxes | 450/3 | €3,835 | €1,409 | -€2,425 | -63.2% |
| Remuneration and social security | 454/9 | €2,683 | €5,151 | +€2,468 | +92.0% |
| Other amounts payable | 47/48 | €67,372 | €52,705 | -€14,667 | -21.8% |
| Accrued charges and deferred income | 492/3 | €670 | €670 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €33,121 | €44,824 | +€11,703 | +35.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,275 | €24,255 | -€21 | -0.1% |
| Other operating charges | 640/8 | €1,268 | €783 | -€485 | -38.2% |
| Gross operating margin | 9900 | €71,923 | €77,028 | +€5,105 | +7.1% |
| Operating profit (loss) | 9901 | €13,259 | €7,166 | -€6,093 | -46.0% |
| Financial income | 75/76B | €18 | €16 | -€2 | -9.6% |
| Recurring financial income | 75 | €18 | €16 | -€2 | -9.6% |
| Financial charges | 65/66B | €302 | €3,230 | +€2,929 | +970% |
| Recurring financial charges | 65 | €302 | €3,230 | +€2,929 | +970% |
| Profit (loss) for the period before taxes | 9903 | €12,975 | €3,952 | -€9,023 | -69.5% |
| Income taxes | 67/77 | €3,475 | €359 | -€3,115 | -89.7% |
| Profit (loss) for the period | 9904 | €9,500 | €3,593 | -€5,908 | -62.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,500 | €3,593 | -€5,908 | -62.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.