ATELIER RELAY: what changed
ATELIER RELAY
Largest movements
- Tangible fixed assets +€8,779
up €8,779 (+267%), from €3,285 to €12,064
- Cash +€7,479
up €7,479 (+62.8%), from €11,907 to €19,386
mainly Net result for the year (+€9,855) and Debts after one year (+€6,864)
- Receivables after one year +€6,500
up €6,500 (+46.4%), from €14,000 to €20,500
- Receivables within one year -€1,295
down €1,295 (-16.8%), from €7,715 to €6,420
- Deferred charges and accrued income -€606
no longer reported in 2025 (was €606)
- Debts after one year +€6,864
new in 2025: €6,864
- Accrued charges and deferred income +€5,000
new in 2025: €5,000
- Profit (loss) carried forward +€4,853
up €4,853 (+301%), from €1,614 to €6,467
- Current portion of long-term debt +€3,776
up €3,776 (+95.0%), from €3,974 to €7,750
- Trade debts +€685
up €685 (+9.9%), from €6,937 to €7,622
- Taxes +€9,202
up €9,202 (+648%), from €1,421 to €10,623
- Gross operating margin -€7,674
down €7,674 (-24.1%), from €31,783 to €24,109
- Financial charges -€1,053
down €1,053 (-77.9%), from €1,352 to €299
- Depreciation +€731
up €731 (+35.3%), from €2,069 to €2,800
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 | €38,183 | €59,040 | +€20,857 | +54.6% |
| Fixed assets | 21/28 | €3,955 | €12,734 | +€8,779 | +222% |
| Tangible fixed assets | 22/27 | €3,285 | €12,064 | +€8,779 | +267% |
| Furniture and vehicles | 24 | €3,285 | €12,064 | +€8,779 | +267% |
| Financial fixed assets | 28 | €670 | €670 | = | 0.0% |
| Current assets | 29/58 | €34,228 | €46,306 | +€12,078 | +35.3% |
| Amounts receivable after more than one year | 29 | €14,000 | €20,500 | +€6,500 | +46.4% |
| Other amounts receivable | 291 | €14,000 | €20,500 | +€6,500 | +46.4% |
| Amounts receivable within one year | 40/41 | €7,715 | €6,420 | -€1,295 | -16.8% |
| Trade receivables | 40 | €7,715 | €6,420 | -€1,295 | -16.8% |
| Cash at bank and in hand | 54/58 | €11,907 | €19,386 | +€7,479 | +62.8% |
| Deferred charges and accrued income | 490/1 | €606 | - | -€606 | |
| Total equity and liabilities | 10/49 | €38,183 | €59,040 | +€20,857 | +54.6% |
| Equity | 10/15 | €20,214 | €25,067 | +€4,853 | +24.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,614 | €6,467 | +€4,853 | +301% |
| Amounts payable | 17/49 | €17,969 | €33,973 | +€16,004 | +89.1% |
| Amounts payable after more than one year | 17 | - | €6,864 | +€6,864 | |
| Financial debts | 170/4 | - | €6,864 | +€6,864 | |
| Amounts payable within one year | 42/48 | €17,969 | €22,108 | +€4,139 | +23.0% |
| Current portion of amounts payable after more than one year | 42 | €3,974 | €7,750 | +€3,776 | +95.0% |
| Trade debts | 44 | €6,937 | €7,622 | +€685 | +9.9% |
| Suppliers | 440/4 | €6,937 | €7,622 | +€685 | +9.9% |
| Taxes, remuneration and social security | 45 | €7,058 | €6,737 | -€321 | -4.5% |
| Taxes | 450/3 | €7,058 | €6,737 | -€321 | -4.5% |
| Accrued charges and deferred income | 492/3 | - | €5,000 | +€5,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,069 | €2,800 | +€731 | +35.3% |
| Other operating charges | 640/8 | €1,163 | €1,050 | -€113 | -9.7% |
| Gross operating margin | 9900 | €31,783 | €24,109 | -€7,674 | -24.1% |
| Operating profit (loss) | 9901 | €28,551 | €20,259 | -€8,292 | -29.0% |
| Financial income | 75/76B | €566 | €518 | -€49 | -8.6% |
| Recurring financial income | 75 | €566 | €518 | -€49 | -8.6% |
| Financial charges | 65/66B | €1,352 | €299 | -€1,053 | -77.9% |
| Recurring financial charges | 65 | €1,352 | €299 | -€1,053 | -77.9% |
| Profit (loss) for the period before taxes | 9903 | €27,765 | €20,478 | -€7,287 | -26.2% |
| Income taxes | 67/77 | €1,421 | €10,623 | +€9,202 | +648% |
| Profit (loss) for the period | 9904 | €26,344 | €9,855 | -€16,489 | -62.6% |
| Profit (loss) for the period to be appropriated | 9905 | €26,344 | €9,855 | -€16,489 | -62.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.