Atelier PhF: 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 PhF
Largest movements
- Cash -€51,569
down €51,569 (-84.1%), from €61,355 to €9,786
mainly Stocks and contracts (-€35,202) and Net result for the year (-€18,977)
- Stocks and contracts +€35,202
up €35,202 (+13.0%), from €270,449 to €305,651
- Profit (loss) carried forward -€18,977
down €18,977 (-29.0%), from -€65,494 to -€84,472
- Gross operating margin -€76,225
down €76,225 (-88.3%), from €86,321 to €10,096
- Staff costs +€1,220
up €1,220 (+5.2%), from €23,486 to €24,706
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 | €351,946 | €333,243 | -€18,703 | -5.3% |
| Fixed assets | 21/28 | €18,425 | €16,139 | -€2,285 | -12.4% |
| Tangible fixed assets | 22/27 | €18,425 | €16,139 | -€2,285 | -12.4% |
| Plant, machinery and equipment | 23 | €17,192 | €15,651 | -€1,541 | -9.0% |
| Furniture and vehicles | 24 | €1,233 | €488 | -€745 | -60.4% |
| Current assets | 29/58 | €333,521 | €317,103 | -€16,417 | -4.9% |
| Stocks and contracts in progress | 3 | €270,449 | €305,651 | +€35,202 | +13.0% |
| Stocks | 30/36 | €270,449 | €305,651 | +€35,202 | +13.0% |
| Amounts receivable within one year | 40/41 | €778 | €697 | -€81 | -10.4% |
| Trade receivables | 40 | €54 | - | -€54 | |
| Other amounts receivable | 41 | €724 | €697 | -€27 | -3.7% |
| Cash at bank and in hand | 54/58 | €61,355 | €9,786 | -€51,569 | -84.1% |
| Deferred charges and accrued income | 490/1 | €939 | €969 | +€31 | +3.3% |
| Total equity and liabilities | 10/49 | €351,946 | €333,243 | -€18,703 | -5.3% |
| Equity | 10/15 | €344,506 | €325,528 | -€18,977 | -5.5% |
| Contributions | 10/11 | €410,000 | €410,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,494 | -€84,472 | -€18,977 | -29.0% |
| Amounts payable | 17/49 | €7,440 | €7,714 | +€275 | +3.7% |
| Amounts payable within one year | 42/48 | €7,428 | €7,714 | +€286 | +3.9% |
| Trade debts | 44 | €522 | €680 | +€158 | +30.3% |
| Suppliers | 440/4 | €522 | €680 | +€158 | +30.3% |
| Taxes, remuneration and social security | 45 | €3,561 | €3,689 | +€128 | +3.6% |
| Taxes | 450/3 | €59 | €62 | +€3 | +4.2% |
| Remuneration and social security | 454/9 | €3,502 | €3,627 | +€125 | +3.6% |
| Other amounts payable | 47/48 | €3,345 | €3,345 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €12 | - | -€12 | |
| Remuneration, social security and pensions | 62 | €23,486 | €24,706 | +€1,220 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,436 | €3,524 | +€89 | +2.6% |
| Other operating charges | 640/8 | €626 | €643 | +€17 | +2.8% |
| Gross operating margin | 9900 | €86,321 | €10,096 | -€76,225 | -88.3% |
| Operating profit (loss) | 9901 | €58,773 | -€18,778 | -€77,551 | |
| Financial charges | 65/66B | €136 | €138 | +€2 | +1.6% |
| Recurring financial charges | 65 | €136 | €138 | +€2 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | €58,637 | -€18,916 | -€77,553 | |
| Income taxes | 67/77 | €59 | €62 | +€3 | +4.2% |
| Profit (loss) for the period | 9904 | €58,578 | -€18,977 | -€77,555 | |
| Profit (loss) for the period to be appropriated | 9905 | €58,578 | -€18,977 | -€77,555 |
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.