Atelier P: 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 P
Largest movements
- Stocks and contracts -€16,249
down €16,249 (-13.1%), from €123,734 to €107,485
- Receivables within one year +€7,223
up €7,223 (+41.1%), from €17,556 to €24,778
of which Other amounts receivable: +€6,411
- Tangible fixed assets -€4,581
down €4,581 (-17.1%), from €26,863 to €22,282
of which Land and buildings: -€3,736
- Cash +€2,093
up €2,093 (+5.7%), from €36,598 to €38,691
mainly Current portion of long-term debt (+€20,000) and Stocks and contracts (+€16,249)
- Other debts -€40,025
down €40,025 (-91.6%), from €43,692 to €3,667
- Current portion of long-term debt +€20,000
new in 2025: €20,000
- Reserves +€6,850
up €6,850 (+6.7%), from €101,933 to €108,782
of which Distributable reserves: +€6,850
- Trade debts +€2,990
up €2,990 (+11.8%), from €25,355 to €28,345
- Gross operating margin -€34,248
down €34,248 (-61.1%), from €56,078 to €21,830
- Taxes -€7,503
down €7,503 (-60.6%), from €12,379 to €4,876
- Financial charges +€1,706
up €1,706 (+127%), from €1,346 to €3,053
- Depreciation +€1,518
up €1,518 (+33.1%), from €4,588 to €6,106
- Other operating charges +€1,297
up €1,297 (+245%), from €529 to €1,827
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 | €204,969 | €194,936 | -€10,033 | -4.9% |
| Fixed assets | 21/28 | €26,863 | €22,282 | -€4,581 | -17.1% |
| Tangible fixed assets | 22/27 | €26,863 | €22,282 | -€4,581 | -17.1% |
| Land and buildings | 22 | €21,343 | €17,607 | -€3,736 | -17.5% |
| Plant, machinery and equipment | 23 | €5,237 | €4,675 | -€562 | -10.7% |
| Furniture and vehicles | 24 | €283 | €0 | -€283 | -100% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €178,107 | €172,654 | -€5,452 | -3.1% |
| Stocks and contracts in progress | 3 | €123,734 | €107,485 | -€16,249 | -13.1% |
| Stocks | 30/36 | €123,734 | €107,485 | -€16,249 | -13.1% |
| Amounts receivable within one year | 40/41 | €17,556 | €24,778 | +€7,223 | +41.1% |
| Trade receivables | 40 | €8,554 | €9,366 | +€812 | +9.5% |
| Other amounts receivable | 41 | €9,002 | €15,413 | +€6,411 | +71.2% |
| Cash at bank and in hand | 54/58 | €36,598 | €38,691 | +€2,093 | +5.7% |
| Deferred charges and accrued income | 490/1 | €219 | €1,700 | +€1,481 | +676% |
| Total equity and liabilities | 10/49 | €204,969 | €194,936 | -€10,033 | -4.9% |
| Equity | 10/15 | €108,770 | €115,620 | +€6,850 | +6.3% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €101,933 | €108,782 | +€6,850 | +6.7% |
| 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 | €100,073 | €106,922 | +€6,850 | +6.8% |
| Profit (loss) carried forward | 14 | €640 | €640 | = | 0.0% |
| Amounts payable | 17/49 | €96,199 | €79,316 | -€16,883 | -17.5% |
| Amounts payable within one year | 42/48 | €96,199 | €79,316 | -€16,883 | -17.5% |
| Current portion of amounts payable after more than one year | 42 | - | €20,000 | +€20,000 | |
| Trade debts | 44 | €25,355 | €28,345 | +€2,990 | +11.8% |
| Suppliers | 440/4 | €25,355 | €28,345 | +€2,990 | +11.8% |
| Taxes, remuneration and social security | 45 | €27,152 | €27,304 | +€152 | +0.6% |
| Taxes | 450/3 | €27,152 | €27,304 | +€152 | +0.6% |
| Other amounts payable | 47/48 | €43,692 | €3,667 | -€40,025 | -91.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,588 | €6,106 | +€1,518 | +33.1% |
| Other operating charges | 640/8 | €529 | €1,827 | +€1,297 | +245% |
| Gross operating margin | 9900 | €56,078 | €21,830 | -€34,248 | -61.1% |
| Operating profit (loss) | 9901 | €50,960 | €13,897 | -€37,063 | -72.7% |
| Financial income | 75/76B | €117 | €881 | +€764 | +656% |
| Recurring financial income | 75 | €117 | €881 | +€764 | +656% |
| Financial charges | 65/66B | €1,346 | €3,053 | +€1,706 | +127% |
| Recurring financial charges | 65 | €1,346 | €3,053 | +€1,706 | +127% |
| Profit (loss) for the period before taxes | 9903 | €49,731 | €11,726 | -€38,005 | -76.4% |
| Income taxes | 67/77 | €12,379 | €4,876 | -€7,503 | -60.6% |
| Profit (loss) for the period | 9904 | €37,351 | €6,850 | -€30,502 | -81.7% |
| Profit (loss) for the period to be appropriated | 9905 | €37,351 | €6,850 | -€30,502 | -81.7% |
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 15 October 2026 via checked.be.