Atelier Nowé: what changed
Atelier Nowé
Largest movements
- Tangible fixed assets -€20,238
down €20,238 (-19.1%), from €105,964 to €85,726
of which Furniture and vehicles: -€20,472
- Stocks and contracts +€17,500
new in 2025: €17,500
- Receivables within one year -€16,077
down €16,077 (-24.4%), from €65,788 to €49,711
of which Trade receivables: -€20,203
- Cash -€5,285
down €5,285 (-11.9%), from €44,440 to €39,155
mainly Other debts (-€90,389) and Stocks and contracts (-€17,500)
- Other debts -€90,389
down €90,389 (-69.6%), from €129,803 to €39,413
- Debts after one year +€39,578
new in 2025: €39,578
- Current portion of long-term debt +€23,687
new in 2025: €23,687
- Reserves +€3,164
up €3,164 (+5.3%), from €59,906 to €63,069
- Gross operating margin -€62,786
down €62,786 (-38.1%), from €164,971 to €102,186
- Taxes -€15,424
no longer reported in 2025 (was €15,424)
- Depreciation +€4,403
up €4,403 (+13.6%), from €32,363 to €36,766
- Financial charges +€3,150
up €3,150 (+2,160%), from €146 to €3,296
- Staff costs +€2,163
up €2,163 (+3.9%), from €55,467 to €57,630
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €216,191 | €192,632 | -€23,559 | -10.9% |
| Fixed assets | 21/28 | €105,964 | €85,726 | -€20,238 | -19.1% |
| Tangible fixed assets | 22/27 | €105,964 | €85,726 | -€20,238 | -19.1% |
| Plant, machinery and equipment | 23 | €46,213 | €46,447 | +€234 | +0.5% |
| Furniture and vehicles | 24 | €59,751 | €39,279 | -€20,472 | -34.3% |
| Current assets | 29/58 | €110,228 | €106,906 | -€3,321 | -3.0% |
| Stocks and contracts in progress | 3 | - | €17,500 | +€17,500 | |
| Stocks | 30/36 | - | €17,500 | +€17,500 | |
| Amounts receivable within one year | 40/41 | €65,788 | €49,711 | -€16,077 | -24.4% |
| Trade receivables | 40 | €32,754 | €12,552 | -€20,203 | -61.7% |
| Other amounts receivable | 41 | €33,034 | €37,159 | +€4,125 | +12.5% |
| Cash at bank and in hand | 54/58 | €44,440 | €39,155 | -€5,285 | -11.9% |
| Deferred charges and accrued income | 490/1 | - | €541 | +€541 | |
| Total equity and liabilities | 10/49 | €216,191 | €192,632 | -€23,559 | -10.9% |
| Equity | 10/15 | €62,406 | €65,569 | +€3,164 | +5.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €59,906 | €63,069 | +€3,164 | +5.3% |
| Distributable reserves | 133 | €59,906 | €63,069 | +€3,164 | +5.3% |
| Amounts payable | 17/49 | €153,786 | €127,063 | -€26,723 | -17.4% |
| Amounts payable after more than one year | 17 | - | €39,578 | +€39,578 | |
| Financial debts | 170/4 | - | €39,578 | +€39,578 | |
| Amounts payable within one year | 42/48 | €153,786 | €87,485 | -€66,301 | -43.1% |
| Current portion of amounts payable after more than one year | 42 | - | €23,687 | +€23,687 | |
| Trade debts | 44 | €17,749 | €19,872 | +€2,123 | +12.0% |
| Suppliers | 440/4 | €17,749 | €19,872 | +€2,123 | +12.0% |
| Taxes, remuneration and social security | 45 | €6,234 | €4,513 | -€1,721 | -27.6% |
| Taxes | 450/3 | - | €764 | +€764 | |
| Remuneration and social security | 454/9 | €6,234 | €3,750 | -€2,485 | -39.9% |
| Other amounts payable | 47/48 | €129,803 | €39,413 | -€90,389 | -69.6% |
| Remuneration, social security and pensions | 62 | €55,467 | €57,630 | +€2,163 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,363 | €36,766 | +€4,403 | +13.6% |
| Other operating charges | 640/8 | €1,677 | €1,456 | -€221 | -13.2% |
| Gross operating margin | 9900 | €164,971 | €102,186 | -€62,786 | -38.1% |
| Operating profit (loss) | 9901 | €75,464 | €6,334 | -€69,131 | -91.6% |
| Financial income | 75/76B | €11 | €126 | +€114 | +1,003% |
| Recurring financial income | 75 | €11 | €126 | +€114 | +1,003% |
| Financial charges | 65/66B | €146 | €3,296 | +€3,150 | +2,160% |
| Recurring financial charges | 65 | €146 | €3,296 | +€3,150 | +2,160% |
| Profit (loss) for the period before taxes | 9903 | €75,330 | €3,164 | -€72,166 | -95.8% |
| Income taxes | 67/77 | €15,424 | - | -€15,424 | |
| Profit (loss) for the period | 9904 | €59,906 | €3,164 | -€56,742 | -94.7% |
| Profit (loss) for the period to be appropriated | 9905 | €59,906 | €3,164 | -€56,742 | -94.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.