Atelier PIR²: 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 PIR²
Largest movements
- Cash -€38,630
down €38,630 (-71.4%), from €54,095 to €15,466
mainly Net result for the year (-€40,024) and Receivables within one year (-€27,320)
- Receivables within one year +€27,320
up €27,320 (+169%), from €16,189 to €43,509
- Tangible fixed assets -€16,815
down €16,815 (-14.4%), from €116,431 to €99,616
- Deferred charges and accrued income -€3,156
down €3,156 (-29.0%), from €10,882 to €7,726
- Profit (loss) carried forward -€40,024
down €40,024 (-1,286%), from -€3,113 to -€43,137
- Trade debts +€12,034
up €12,034 (+719%), from €1,674 to €13,708
- Debts after one year -€4,919
down €4,919 (-4.2%), from €117,563 to €112,644
of which Financial debts: -€4,060
- Gross operating margin -€36,095
down €36,095 (-46.8%), from €77,191 to €41,096
- Staff costs +€8,189
up €8,189 (+16.5%), from €49,673 to €57,863
- Other operating charges +€3,361
up €3,361 (+326%), from €1,032 to €4,393
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 | €204,127 | €171,645 | -€32,482 | -15.9% |
| Fixed assets | 21/28 | €116,431 | €99,616 | -€16,815 | -14.4% |
| Tangible fixed assets | 22/27 | €116,431 | €99,616 | -€16,815 | -14.4% |
| Land and buildings | 22 | €61,613 | €56,613 | -€5,000 | -8.1% |
| Plant, machinery and equipment | 23 | €18,893 | €15,378 | -€3,515 | -18.6% |
| Furniture and vehicles | 24 | €4,003 | €3,095 | -€908 | -22.7% |
| Other tangible fixed assets | 26 | €31,921 | €24,529 | -€7,392 | -23.2% |
| Current assets | 29/58 | €87,696 | €72,029 | -€15,668 | -17.9% |
| Stocks and contracts in progress | 3 | €6,529 | €5,327 | -€1,202 | -18.4% |
| Stocks | 30/36 | €6,529 | €5,327 | -€1,202 | -18.4% |
| Amounts receivable within one year | 40/41 | €16,189 | €43,509 | +€27,320 | +169% |
| Trade receivables | 40 | €16,189 | €43,509 | +€27,320 | +169% |
| Cash at bank and in hand | 54/58 | €54,095 | €15,466 | -€38,630 | -71.4% |
| Deferred charges and accrued income | 490/1 | €10,882 | €7,726 | -€3,156 | -29.0% |
| Total equity and liabilities | 10/49 | €204,127 | €171,645 | -€32,482 | -15.9% |
| Equity | 10/15 | €72,600 | €30,806 | -€41,794 | -57.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €54,070 | €54,070 | = | 0.0% |
| Distributable reserves | 133 | €54,070 | €54,070 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,113 | -€43,137 | -€40,024 | -1,286% |
| Investment grants | 15 | €3,043 | €1,274 | -€1,769 | -58.1% |
| Amounts payable | 17/49 | €131,527 | €140,838 | +€9,311 | +7.1% |
| Amounts payable after more than one year | 17 | €117,563 | €112,644 | -€4,919 | -4.2% |
| Financial debts | 170/4 | €36,533 | €32,473 | -€4,060 | -11.1% |
| Other amounts payable | 178/9 | €81,031 | €80,172 | -€859 | -1.1% |
| Amounts payable within one year | 42/48 | €13,964 | €28,194 | +€14,230 | +102% |
| Current portion of amounts payable after more than one year | 42 | €3,903 | €4,060 | +€157 | +4.0% |
| Financial debts | 43 | - | €1,937 | +€1,937 | |
| Other loans | 439 | - | €1,937 | +€1,937 | |
| Trade debts | 44 | €1,674 | €13,708 | +€12,034 | +719% |
| Suppliers | 440/4 | €1,674 | €13,708 | +€12,034 | +719% |
| Taxes, remuneration and social security | 45 | €8,387 | €8,489 | +€103 | +1.2% |
| Taxes | 450/3 | €3,331 | €1,661 | -€1,669 | -50.1% |
| Remuneration and social security | 454/9 | €5,056 | €6,828 | +€1,772 | +35.0% |
| Remuneration, social security and pensions | 62 | €49,673 | €57,863 | +€8,189 | +16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,581 | €16,815 | -€766 | -4.4% |
| Other operating charges | 640/8 | €1,032 | €4,393 | +€3,361 | +326% |
| Gross operating margin | 9900 | €77,191 | €41,096 | -€36,095 | -46.8% |
| Operating profit (loss) | 9901 | €8,905 | -€37,974 | -€46,880 | |
| Financial income | 75/76B | €1,770 | €1,859 | +€90 | +5.1% |
| Recurring financial income | 75 | €1,770 | €1,859 | +€90 | +5.1% |
| Financial charges | 65/66B | €4,330 | €3,908 | -€422 | -9.8% |
| Recurring financial charges | 65 | €4,330 | €3,908 | -€422 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €6,344 | -€40,023 | -€46,368 | |
| Income taxes | 67/77 | €0 | €1 | +€1 | +2,350% |
| Profit (loss) for the period | 9904 | €6,344 | -€40,024 | -€46,368 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,344 | -€40,024 | -€46,368 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.