atelier (s)vdb: what changed
atelier (s)vdb
Largest movements
- Cash +€20,497
up €20,497 (+221%), from €9,283 to €29,780
mainly Trade debts (+€16,567) and Net result for the year (+€7,305)
- Receivables within one year -€6,869
down €6,869 (-16.8%), from €40,878 to €34,009
of which Other amounts receivable: -€6,381
- Stocks and contracts +€1,288
up €1,288 (+35.1%), from €3,671 to €4,960
- Trade debts +€16,567
up €16,567 (+264%), from €6,280 to €22,847
- Tax, wage and social debts -€10,482
down €10,482 (-82.0%), from €12,782 to €2,300
of which Taxes: -€10,782
- Reserves +€7,305
up €7,305 (+15.8%), from €46,305 to €53,609
- Other debts +€1,013
up €1,013 (+11.6%), from €8,767 to €9,780
- Financial charges +€3,914
up €3,914 (+597%), from €655 to €4,569
- Taxes -€1,978
down €1,978 (-45.6%), from €4,333 to €2,355
- Gross operating margin -€1,500
down €1,500 (-6.6%), from €22,629 to €21,129
- Depreciation +€1,357
up €1,357 (+31.2%), from €4,355 to €5,713
- Other operating charges +€839
up €839 (+112%), from €748 to €1,587
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 | €75,634 | €90,037 | +€14,403 | +19.0% |
| Formation expenses | 20 | €2,038 | €1,416 | -€622 | -30.5% |
| Fixed assets | 21/28 | €16,077 | €15,999 | -€78 | -0.5% |
| Tangible fixed assets | 22/27 | €16,077 | €15,999 | -€78 | -0.5% |
| Plant, machinery and equipment | 23 | €9,664 | €11,026 | +€1,362 | +14.1% |
| Furniture and vehicles | 24 | €6,413 | €4,973 | -€1,441 | -22.5% |
| Current assets | 29/58 | €57,519 | €72,622 | +€15,103 | +26.3% |
| Stocks and contracts in progress | 3 | €3,671 | €4,960 | +€1,288 | +35.1% |
| Stocks | 30/36 | €3,671 | €4,960 | +€1,288 | +35.1% |
| Amounts receivable within one year | 40/41 | €40,878 | €34,009 | -€6,869 | -16.8% |
| Trade receivables | 40 | €23,843 | €23,355 | -€488 | -2.0% |
| Other amounts receivable | 41 | €17,035 | €10,654 | -€6,381 | -37.5% |
| Cash at bank and in hand | 54/58 | €9,283 | €29,780 | +€20,497 | +221% |
| Deferred charges and accrued income | 490/1 | €3,687 | €3,873 | +€186 | +5.0% |
| Total equity and liabilities | 10/49 | €75,634 | €90,037 | +€14,403 | +19.0% |
| Equity | 10/15 | €47,805 | €55,109 | +€7,305 | +15.3% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €46,305 | €53,609 | +€7,305 | +15.8% |
| Distributable reserves | 133 | €46,305 | €53,609 | +€7,305 | +15.8% |
| Amounts payable | 17/49 | €27,829 | €34,928 | +€7,098 | +25.5% |
| Amounts payable within one year | 42/48 | €27,829 | €34,928 | +€7,098 | +25.5% |
| Trade debts | 44 | €6,280 | €22,847 | +€16,567 | +264% |
| Suppliers | 440/4 | €6,280 | €22,847 | +€16,567 | +264% |
| Taxes, remuneration and social security | 45 | €12,782 | €2,300 | -€10,482 | -82.0% |
| Taxes | 450/3 | €12,782 | €2,000 | -€10,782 | -84.4% |
| Remuneration and social security | 454/9 | - | €300 | +€300 | |
| Other amounts payable | 47/48 | €8,767 | €9,780 | +€1,013 | +11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,355 | €5,713 | +€1,357 | +31.2% |
| Other operating charges | 640/8 | €748 | €1,587 | +€839 | +112% |
| Gross operating margin | 9900 | €22,629 | €21,129 | -€1,500 | -6.6% |
| Operating profit (loss) | 9901 | €17,526 | €13,830 | -€3,696 | -21.1% |
| Financial income | 75/76B | €183 | €399 | +€216 | +118% |
| Recurring financial income | 75 | €183 | €399 | +€216 | +118% |
| Financial charges | 65/66B | €655 | €4,569 | +€3,914 | +597% |
| Recurring financial charges | 65 | €655 | €4,569 | +€3,914 | +597% |
| Profit (loss) for the period before taxes | 9903 | €17,054 | €9,660 | -€7,394 | -43.4% |
| Income taxes | 67/77 | €4,333 | €2,355 | -€1,978 | -45.6% |
| Profit (loss) for the period | 9904 | €12,720 | €7,305 | -€5,416 | -42.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,720 | €7,305 | -€5,416 | -42.6% |
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 6 November 2026 via checked.be.