ATELIER THAMER: 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 THAMER
Largest movements
- Receivables within one year -€9,706
down €9,706 (-34.5%), from €28,117 to €18,411
of which Other amounts receivable: -€14,008
- Cash +€2,439
up €2,439 (+416%), from €587 to €3,026
mainly Receivables within one year (+€9,706) and Depreciation (+€1,940)
- Tangible fixed assets -€1,940
down €1,940 (-21.0%), from €9,260 to €7,320
- Trade debts -€4,321
down €4,321 (-36.8%), from €11,732 to €7,411
- Profit (loss) carried forward -€3,138
down €3,138 (-16.6%), from €18,909 to €15,771
- Tax, wage and social debts -€1,748
down €1,748 (-36.3%), from €4,822 to €3,074
- Gross operating margin -€6,569
down €6,569 (-89.1%), from €7,372 to €803
- Depreciation +€1,500
up €1,500 (+341%), from €440 to €1,940
- Taxes -€1,396
no longer reported in 2025 (was €1,396)
- Staff costs +€672
up €672 (+58.9%), from €1,141 to €1,812
- Financial charges +€646
up €646 (+1,006%), from €64 to €711
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 | €37,963 | €28,757 | -€9,207 | -24.3% |
| Fixed assets | 21/28 | €9,260 | €7,320 | -€1,940 | -21.0% |
| Tangible fixed assets | 22/27 | €9,260 | €7,320 | -€1,940 | -21.0% |
| Plant, machinery and equipment | 23 | €9,260 | €7,320 | -€1,940 | -21.0% |
| Current assets | 29/58 | €28,703 | €21,437 | -€7,267 | -25.3% |
| Amounts receivable within one year | 40/41 | €28,117 | €18,411 | -€9,706 | -34.5% |
| Trade receivables | 40 | €4,200 | €8,502 | +€4,302 | +102% |
| Other amounts receivable | 41 | €23,917 | €9,909 | -€14,008 | -58.6% |
| Cash at bank and in hand | 54/58 | €587 | €3,026 | +€2,439 | +416% |
| Total equity and liabilities | 10/49 | €37,963 | €28,757 | -€9,207 | -24.3% |
| Equity | 10/15 | €21,409 | €18,271 | -€3,138 | -14.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,909 | €15,771 | -€3,138 | -16.6% |
| Amounts payable | 17/49 | €16,555 | €10,485 | -€6,069 | -36.7% |
| Amounts payable within one year | 42/48 | €16,555 | €10,485 | -€6,069 | -36.7% |
| Trade debts | 44 | €11,732 | €7,411 | -€4,321 | -36.8% |
| Suppliers | 440/4 | €11,732 | €7,411 | -€4,321 | -36.8% |
| Taxes, remuneration and social security | 45 | €4,822 | €3,074 | -€1,748 | -36.3% |
| Taxes | 450/3 | €4,822 | €3,074 | -€1,748 | -36.3% |
| Remuneration, social security and pensions | 62 | €1,141 | €1,812 | +€672 | +58.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €440 | €1,940 | +€1,500 | +341% |
| Other operating charges | 640/8 | €25 | - | -€25 | |
| Gross operating margin | 9900 | €7,372 | €803 | -€6,569 | -89.1% |
| Operating profit (loss) | 9901 | €5,767 | -€2,949 | -€8,716 | |
| Financial income | 75/76B | €1,139 | €522 | -€617 | -54.2% |
| Recurring financial income | 75 | €1,139 | €522 | -€617 | -54.2% |
| Financial charges | 65/66B | €64 | €711 | +€646 | +1,006% |
| Recurring financial charges | 65 | €64 | €711 | +€646 | +1,006% |
| Profit (loss) for the period before taxes | 9903 | €6,842 | -€3,138 | -€9,979 | |
| Income taxes | 67/77 | €1,396 | - | -€1,396 | |
| Profit (loss) for the period | 9904 | €5,446 | -€3,138 | -€8,583 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,446 | -€3,138 | -€8,583 |
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 24 October 2026 via checked.be.