ATELIER NEREO: 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 NEREO
Largest movements
- Cash +€28,183
up €28,183 (+1,435%), from €1,964 to €30,146
mainly Net result for the year (+€35,609) and Trade debts (+€9,462)
- Receivables within one year +€10,985
up €10,985 (+14.8%), from €74,305 to €85,290
of which Trade receivables: +€16,456
- Tangible fixed assets -€8,023
down €8,023 (-29.0%), from €27,637 to €19,614
of which Furniture and vehicles: -€5,951
- Reserves +€18,000
up €18,000 (+29.6%), from €60,860 to €78,860
- Profit (loss) carried forward +€15,943
up €15,943, from -€14,658 to €1,285
- Short-term financial debts -€9,618
down €9,618 (-98.2%), from €9,794 to €176
- Trade debts +€9,462
up €9,462 (+47.0%), from €20,153 to €29,616
- Current portion of long-term debt -€4,330
down €4,330 (-32.5%), from €13,311 to €8,982
- Gross operating margin +€58,670
up €58,670 (+16.2%), from €362,055 to €420,725
- Financial charges +€23,454
up €23,454 (+942%), from €2,491 to €25,945
- Taxes +€8,733
up €8,733 (+134%), from €6,493 to €15,226
- Staff costs +€5,671
up €5,671 (+1.7%), from €329,540 to €335,211
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 | €105,247 | €135,416 | +€30,169 | +28.7% |
| Fixed assets | 21/28 | €27,662 | €19,639 | -€8,023 | -29.0% |
| Tangible fixed assets | 22/27 | €27,637 | €19,614 | -€8,023 | -29.0% |
| Plant, machinery and equipment | 23 | €7,647 | €5,576 | -€2,072 | -27.1% |
| Furniture and vehicles | 24 | €19,990 | €14,039 | -€5,951 | -29.8% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €77,585 | €115,777 | +€38,192 | +49.2% |
| Amounts receivable within one year | 40/41 | €74,305 | €85,290 | +€10,985 | +14.8% |
| Trade receivables | 40 | €68,134 | €84,590 | +€16,456 | +24.2% |
| Other amounts receivable | 41 | €6,171 | €700 | -€5,471 | -88.7% |
| Cash at bank and in hand | 54/58 | €1,964 | €30,146 | +€28,183 | +1,435% |
| Deferred charges and accrued income | 490/1 | €1,317 | €341 | -€976 | -74.1% |
| Total equity and liabilities | 10/49 | €105,247 | €135,416 | +€30,169 | +28.7% |
| Equity | 10/15 | €52,402 | €86,345 | +€33,943 | +64.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €60,860 | €78,860 | +€18,000 | +29.6% |
| Distributable reserves | 133 | €60,860 | €78,860 | +€18,000 | +29.6% |
| Profit (loss) carried forward | 14 | -€14,658 | €1,285 | +€15,943 | |
| Amounts payable | 17/49 | €52,845 | €49,071 | -€3,774 | -7.1% |
| Amounts payable within one year | 42/48 | €52,845 | €49,071 | -€3,774 | -7.1% |
| Current portion of amounts payable after more than one year | 42 | €13,311 | €8,982 | -€4,330 | -32.5% |
| Financial debts | 43 | €9,794 | €176 | -€9,618 | -98.2% |
| Credit institutions | 430/8 | €9,794 | €176 | -€9,618 | -98.2% |
| Trade debts | 44 | €20,153 | €29,616 | +€9,462 | +47.0% |
| Suppliers | 440/4 | €20,153 | €29,616 | +€9,462 | +47.0% |
| Taxes, remuneration and social security | 45 | €9,536 | €7,951 | -€1,586 | -16.6% |
| Taxes | 450/3 | €1,650 | €481 | -€1,169 | -70.9% |
| Remuneration and social security | 454/9 | €7,886 | €7,470 | -€417 | -5.3% |
| Other amounts payable | 47/48 | €50 | €2,347 | +€2,297 | +4,618% |
| Remuneration, social security and pensions | 62 | €329,540 | €335,211 | +€5,671 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,481 | €8,023 | +€1,542 | +23.8% |
| Other operating charges | 640/8 | €1,136 | €711 | -€425 | -37.4% |
| Non-recurring operating charges | 66A | €924 | - | -€924 | |
| Gross operating margin | 9900 | €362,055 | €420,725 | +€58,670 | +16.2% |
| Operating profit (loss) | 9901 | €23,974 | €76,780 | +€52,805 | +220% |
| Financial income | 75/76B | €16 | - | -€16 | |
| Recurring financial income | 75 | €16 | - | -€16 | |
| Financial charges | 65/66B | €2,491 | €25,945 | +€23,454 | +942% |
| Recurring financial charges | 65 | €2,491 | €25,945 | +€23,454 | +942% |
| Profit (loss) for the period before taxes | 9903 | €21,500 | €50,835 | +€29,335 | +136% |
| Income taxes | 67/77 | €6,493 | €15,226 | +€8,733 | +134% |
| Profit (loss) for the period | 9904 | €15,007 | €35,609 | +€20,602 | +137% |
| Profit (loss) for the period to be appropriated | 9905 | €15,007 | €35,609 | +€20,602 | +137% |
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.