ATELIER V: 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 V
Largest movements
- Receivables within one year -€24,552
down €24,552 (-44.3%), from €55,424 to €30,871
of which Trade receivables: -€29,705
- Stocks and contracts +€2,187
up €2,187 (+24.5%), from €8,925 to €11,112
- Profit (loss) carried forward -€13,544
new in 2025: -€13,544
- Trade debts -€8,436
down €8,436 (-91.2%), from €9,253 to €817
- Gross operating margin +€8,651
up €8,651 (+95.3%), from €9,082 to €17,733
- Staff costs +€3,630
up €3,630 (+16.1%), from €22,508 to €26,138
- Depreciation +€1,278
up €1,278 (+61.3%), from €2,085 to €3,363
- Financial income +€828
up €828 (+638.9%), from €130 to €957
- Other operating charges +€677
up €677 (+48.9%), from €1,386 to €2,063
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 | €119,429 | €97,336 | -€22,093 | -18.5% |
| Fixed assets | 21/28 | €5,468 | €5,168 | -€300 | -5.5% |
| Tangible fixed assets | 22/27 | €5,468 | €5,168 | -€300 | -5.5% |
| Land and buildings | 22 | €130 | - | -€130 | |
| Plant, machinery and equipment | 23 | €707 | €228 | -€479 | -67.7% |
| Furniture and vehicles | 24 | €4,632 | €4,940 | +€308 | +6.7% |
| Current assets | 29/58 | €113,961 | €92,168 | -€21,793 | -19.1% |
| Stocks and contracts in progress | 3 | €8,925 | €11,112 | +€2,187 | +24.5% |
| Stocks | 30/36 | €8,925 | €11,112 | +€2,187 | +24.5% |
| Amounts receivable within one year | 40/41 | €55,424 | €30,871 | -€24,552 | -44.3% |
| Trade receivables | 40 | €43,686 | €13,981 | -€29,705 | -68.0% |
| Other amounts receivable | 41 | €11,738 | €16,891 | +€5,153 | +43.9% |
| Cash at bank and in hand | 54/58 | €48,028 | €48,869 | +€841 | +1.8% |
| Deferred charges and accrued income | 490/1 | €1,584 | €1,315 | -€269 | -17.0% |
| Total equity and liabilities | 10/49 | €119,429 | €97,336 | -€22,093 | -18.5% |
| Equity | 10/15 | €104,486 | €90,941 | -€13,544 | -13.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €79,486 | €79,486 | = | 0.0% |
| Distributable reserves | 133 | €79,486 | €79,486 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€13,544 | -€13,544 | |
| Amounts payable | 17/49 | €14,944 | €6,395 | -€8,549 | -57.2% |
| Amounts payable within one year | 42/48 | €14,944 | €6,395 | -€8,549 | -57.2% |
| Trade debts | 44 | €9,253 | €817 | -€8,436 | -91.2% |
| Suppliers | 440/4 | €9,253 | €817 | -€8,436 | -91.2% |
| Taxes, remuneration and social security | 45 | €5,691 | €5,578 | -€113 | -2.0% |
| Taxes | 450/3 | €5,523 | €5,578 | +€55 | +1.0% |
| Remuneration and social security | 454/9 | €168 | - | -€168 | |
| Remuneration, social security and pensions | 62 | €22,508 | €26,138 | +€3,630 | +16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,085 | €3,363 | +€1,278 | +61.3% |
| Other operating charges | 640/8 | €1,386 | €2,063 | +€677 | +48.9% |
| Gross operating margin | 9900 | €9,082 | €17,733 | +€8,651 | +95.3% |
| Operating profit (loss) | 9901 | -€16,897 | -€13,831 | +€3,066 | +18.1% |
| Financial income | 75/76B | €130 | €957 | +€828 | +638.9% |
| Recurring financial income | 75 | €130 | €957 | +€828 | +638.9% |
| Financial charges | 65/66B | €257 | €202 | -€55 | -21.3% |
| Recurring financial charges | 65 | €257 | €202 | -€55 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | -€17,024 | -€13,076 | +€3,948 | +23.2% |
| Income taxes | 67/77 | €212 | €468 | +€257 | +121.1% |
| Profit (loss) for the period | 9904 | -€17,236 | -€13,544 | +€3,692 | +21.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,236 | -€13,544 | +€3,692 | +21.4% |
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 12 October 2026 via checked.be.