Atelier Noord: 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 Noord
Largest movements
- Receivables within one year +€22,523
up €22,523 (+348%), from €6,473 to €28,995
of which Trade receivables: +€18,882
- Stocks and contracts +€20,000
up €20,000 (+1,143%), from €1,750 to €21,750
of which Contracts in progress: +€20,000
- Cash -€18,927
down €18,927 (-56.6%), from €33,423 to €14,496
mainly Investment in fixed assets (net) (-€25,017) and Receivables within one year (-€22,523)
- Tangible fixed assets +€14,434
up €14,434 (+50.9%), from €28,364 to €42,797
of which Leasing and similar rights: +€25,200
- Trade debts +€28,797
up €28,797 (+493%), from €5,840 to €34,637
- Debts after one year +€5,264
up €5,264 (+14.4%), from €36,642 to €41,907
- Current portion of long-term debt +€3,598
up €3,598 (+58.9%), from €6,105 to €9,703
- Tax, wage and social debts +€1,749
up €1,749 (+55.0%), from €3,181 to €4,931
- Gross operating margin -€12,650
down €12,650 (-55.4%), from €22,844 to €10,194
- Taxes -€3,071
down €3,071 (-98.2%), from €3,127 to €57
- Depreciation -€1,647
down €1,647 (-13.3%), from €12,356 to €10,709
- Financial charges -€695
down €695 (-65.7%), from €1,058 to €362
- Financial income +€492
up €492 (+204%), from €241 to €733
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 | €70,135 | €108,038 | +€37,903 | +54.0% |
| Formation expenses | 20 | €126 | - | -€126 | |
| Fixed assets | 21/28 | €28,364 | €42,797 | +€14,434 | +50.9% |
| Tangible fixed assets | 22/27 | €28,364 | €42,797 | +€14,434 | +50.9% |
| Plant, machinery and equipment | 23 | €26,380 | €17,597 | -€8,783 | -33.3% |
| Furniture and vehicles | 24 | €1,983 | - | -€1,983 | |
| Leasing and similar rights | 25 | - | €25,200 | +€25,200 | |
| Current assets | 29/58 | €41,645 | €65,241 | +€23,596 | +56.7% |
| Stocks and contracts in progress | 3 | €1,750 | €21,750 | +€20,000 | +1,143% |
| Stocks | 30/36 | €1,750 | €1,750 | = | 0.0% |
| Contracts in progress | 37 | - | €20,000 | +€20,000 | |
| Amounts receivable within one year | 40/41 | €6,473 | €28,995 | +€22,523 | +348% |
| Trade receivables | 40 | €2,454 | €21,336 | +€18,882 | +769% |
| Other amounts receivable | 41 | €4,018 | €7,659 | +€3,641 | +90.6% |
| Cash at bank and in hand | 54/58 | €33,423 | €14,496 | -€18,927 | -56.6% |
| Total equity and liabilities | 10/49 | €70,135 | €108,038 | +€37,903 | +54.0% |
| Equity | 10/15 | €16,768 | €15,866 | -€902 | -5.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €14,768 | €14,768 | = | 0.0% |
| Distributable reserves | 133 | €14,768 | €14,768 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€902 | -€902 | |
| Amounts payable | 17/49 | €53,367 | €92,172 | +€38,805 | +72.7% |
| Amounts payable after more than one year | 17 | €36,642 | €41,907 | +€5,264 | +14.4% |
| Financial debts | 170/4 | €36,642 | €41,907 | +€5,264 | +14.4% |
| Amounts payable within one year | 42/48 | €16,725 | €50,265 | +€33,540 | +201% |
| Current portion of amounts payable after more than one year | 42 | €6,105 | €9,703 | +€3,598 | +58.9% |
| Trade debts | 44 | €5,840 | €34,637 | +€28,797 | +493% |
| Suppliers | 440/4 | €5,840 | €34,637 | +€28,797 | +493% |
| Taxes, remuneration and social security | 45 | €3,181 | €4,931 | +€1,749 | +55.0% |
| Taxes | 450/3 | €3,181 | €4,931 | +€1,749 | +55.0% |
| Other amounts payable | 47/48 | €1,599 | €995 | -€604 | -37.8% |
| Non-recurring operating income | 76A | - | €3,389 | +€3,389 | |
| Remuneration, social security and pensions | 62 | - | €199 | +€199 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,356 | €10,709 | -€1,647 | -13.3% |
| Other operating charges | 640/8 | €383 | €501 | +€119 | +31.0% |
| Gross operating margin | 9900 | €22,844 | €10,194 | -€12,650 | -55.4% |
| Operating profit (loss) | 9901 | €10,106 | -€1,216 | -€11,321 | |
| Financial income | 75/76B | €241 | €733 | +€492 | +204% |
| Recurring financial income | 75 | €241 | €733 | +€492 | +204% |
| Financial charges | 65/66B | €1,058 | €362 | -€695 | -65.7% |
| Recurring financial charges | 65 | €1,058 | €362 | -€695 | -65.7% |
| Profit (loss) for the period before taxes | 9903 | €9,289 | -€845 | -€10,134 | |
| Income taxes | 67/77 | €3,127 | €57 | -€3,071 | -98.2% |
| Profit (loss) for the period | 9904 | €6,162 | -€902 | -€7,063 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,162 | -€902 | -€7,063 |
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 26 October 2026 via checked.be.