ATELIER SYLVAIN: 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 SYLVAIN
Largest movements
- Cash -€44,963
down €44,963 (-62.7%), from €71,670 to €26,707
mainly Receivables within one year (-€43,728) and Trade debts (-€36,235)
- Receivables within one year +€43,728
up €43,728 (+320.7%), from €13,634 to €57,362
of which Trade receivables: +€44,393
- Stocks and contracts -€10,065
down €10,065 (-16.5%), from €61,008 to €50,944
- Intangible fixed assets -€10,000
down €10,000 (-12.1%), from €82,932 to €72,932
- Tangible fixed assets -€5,967
down €5,967 (-20.6%), from €28,923 to €22,955
of which Furniture and vehicles: -€5,967
- Trade debts -€36,235
down €36,235 (-88.3%), from €41,037 to €4,802
- Short-term financial debts +€14,488
new in 2025: €14,488
- Debts after one year -€13,954
down €13,954 (-21.1%), from €66,234 to €52,279
- Other debts +€5,776
up €5,776 (+3.9%), from €146,864 to €152,640
- Gross operating margin -€38,765
down €38,765 (-35.7%), from €108,678 to €69,913
- Staff costs -€3,751
down €3,751 (-9.5%), from €39,564 to €35,813
- Other operating charges +€3,432
up €3,432 (+128.2%), from €2,678 to €6,110
- Depreciation +€3,410
up €3,410 (+27.2%), from €12,557 to €15,967
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.
Cash bridge derived
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 | €260,395 | €234,015 | -€26,380 | -10.1% |
| Fixed assets | 21/28 | €113,246 | €98,428 | -€14,818 | -13.1% |
| Intangible fixed assets | 21 | €82,932 | €72,932 | -€10,000 | -12.1% |
| Tangible fixed assets | 22/27 | €28,923 | €22,955 | -€5,967 | -20.6% |
| Land and buildings | 22 | €0 | - | = | |
| Furniture and vehicles | 24 | €28,923 | €22,955 | -€5,967 | -20.6% |
| Financial fixed assets | 28 | €1,392 | €2,541 | +€1,150 | +82.6% |
| Current assets | 29/58 | €147,150 | €135,587 | -€11,563 | -7.9% |
| Stocks and contracts in progress | 3 | €61,008 | €50,944 | -€10,065 | -16.5% |
| Stocks | 30/36 | €61,008 | €50,944 | -€10,065 | -16.5% |
| Amounts receivable within one year | 40/41 | €13,634 | €57,362 | +€43,728 | +320.7% |
| Trade receivables | 40 | €12,718 | €57,111 | +€44,393 | +349.0% |
| Other amounts receivable | 41 | €916 | €251 | -€665 | -72.6% |
| Cash at bank and in hand | 54/58 | €71,670 | €26,707 | -€44,963 | -62.7% |
| Deferred charges and accrued income | 490/1 | €838 | €575 | -€263 | -31.3% |
| Total equity and liabilities | 10/49 | €260,395 | €234,015 | -€26,380 | -10.1% |
| Equity | 10/15 | -€11,446 | -€12,202 | -€756 | -6.6% |
| Contributions | 10/11 | €20,460 | €18,600 | -€1,860 | -9.1% |
| Reserves | 13 | €0 | €1,860 | +€1,860 | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€31,906 | -€32,662 | -€756 | -2.4% |
| Amounts payable | 17/49 | €271,841 | €246,217 | -€25,624 | -9.4% |
| Amounts payable after more than one year | 17 | €66,234 | €52,279 | -€13,954 | -21.1% |
| Financial debts | 170/4 | €66,234 | €52,279 | -€13,954 | -21.1% |
| Amounts payable within one year | 42/48 | €205,607 | €193,937 | -€11,670 | -5.7% |
| Current portion of amounts payable after more than one year | 42 | €13,229 | €13,954 | +€725 | +5.5% |
| Financial debts | 43 | - | €14,488 | +€14,488 | |
| Credit institutions | 430/8 | - | €14,488 | +€14,488 | |
| Trade debts | 44 | €41,037 | €4,802 | -€36,235 | -88.3% |
| Suppliers | 440/4 | €41,037 | €4,802 | -€36,235 | -88.3% |
| Advances received on contracts in progress | 46 | - | €2,556 | +€2,556 | |
| Taxes, remuneration and social security | 45 | €4,477 | €5,498 | +€1,021 | +22.8% |
| Taxes | 450/3 | €0 | €224 | +€224 | |
| Remuneration and social security | 454/9 | €4,477 | €5,273 | +€796 | +17.8% |
| Other amounts payable | 47/48 | €146,864 | €152,640 | +€5,776 | +3.9% |
| Non-recurring operating income | 76A | €32 | €0 | -€32 | -100.0% |
| Remuneration, social security and pensions | 62 | €39,564 | €35,813 | -€3,751 | -9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,557 | €15,967 | +€3,410 | +27.2% |
| Other operating charges | 640/8 | €2,678 | €6,110 | +€3,432 | +128.2% |
| Non-recurring operating charges | 66A | €1,353 | €0 | -€1,353 | -100.0% |
| Gross operating margin | 9900 | €108,678 | €69,913 | -€38,765 | -35.7% |
| Operating profit (loss) | 9901 | €52,527 | €12,023 | -€40,504 | -77.1% |
| Financial income | 75/76B | - | €42 | +€42 | |
| Recurring financial income | 75 | - | €42 | +€42 | |
| Financial charges | 65/66B | €12,709 | €12,713 | +€4 | 0.0% |
| Recurring financial charges | 65 | €12,709 | €12,713 | +€4 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €39,818 | -€648 | -€40,465 | |
| Income taxes | 67/77 | - | €108 | +€108 | |
| Profit (loss) for the period | 9904 | €39,818 | -€756 | -€40,574 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,818 | -€756 | -€40,574 |
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 10 October 2026 via checked.be.