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 -€7,000
down €7,000 (-30.7%), from €22,832 to €15,832
of which Trade receivables: -€7,312
- Tangible fixed assets -€6,381
down €6,381 (-41.4%), from €15,408 to €9,027
of which Leasing and similar rights: -€5,618
- Cash +€4,172
up €4,172 (+585%), from €713 to €4,885
mainly Net result for the year (+€10,633) and Receivables within one year (+€7,000)
- Deferred charges and accrued income +€772
new in 2025: €772
- Stocks and contracts +€495
up €495 (+18.3%), from €2,700 to €3,195
- Reserves +€6,873
new in 2025: €6,873
- Tax, wage and social debts -€5,464
down €5,464 (-42.8%), from €12,777 to €7,313
of which Remuneration and social security: -€5,650
- Debts after one year -€5,061
down €5,061 (-64.4%), from €7,865 to €2,804
- Trade debts -€4,231
down €4,231 (-67.1%), from €6,307 to €2,076
- Other debts -€3,819
down €3,819 (-45.5%), from €8,402 to €4,584
- Gross operating margin +€22,738
up €22,738 (+1,826%), from €1,245 to €23,983
- Write-downs +€6,506
no longer reported in 2025 (was -€6,506)
- Taxes +€3,670
up €3,670 (+830%), from €442 to €4,112
- Other operating charges +€409
up €409 (+48.8%), from €838 to €1,247
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 | €41,652 | €33,711 | -€7,942 | -19.1% |
| Fixed assets | 21/28 | €15,408 | €9,027 | -€6,381 | -41.4% |
| Tangible fixed assets | 22/27 | €15,408 | €9,027 | -€6,381 | -41.4% |
| Furniture and vehicles | 24 | €2,109 | €1,346 | -€763 | -36.2% |
| Leasing and similar rights | 25 | €13,299 | €7,681 | -€5,618 | -42.2% |
| Current assets | 29/58 | €26,245 | €24,684 | -€1,561 | -5.9% |
| Stocks and contracts in progress | 3 | €2,700 | €3,195 | +€495 | +18.3% |
| Stocks | 30/36 | €2,700 | €3,195 | +€495 | +18.3% |
| Amounts receivable within one year | 40/41 | €22,832 | €15,832 | -€7,000 | -30.7% |
| Trade receivables | 40 | €22,832 | €15,520 | -€7,312 | -32.0% |
| Other amounts receivable | 41 | - | €311 | +€311 | |
| Cash at bank and in hand | 54/58 | €713 | €4,885 | +€4,172 | +585% |
| Deferred charges and accrued income | 490/1 | - | €772 | +€772 | |
| Total equity and liabilities | 10/49 | €41,652 | €33,711 | -€7,942 | -19.1% |
| Equity | 10/15 | €1,240 | €11,873 | +€10,633 | +858% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €6,873 | +€6,873 | |
| Distributable reserves | 133 | - | €6,873 | +€6,873 | |
| Profit (loss) carried forward | 14 | -€3,760 | - | +€3,760 | |
| Amounts payable | 17/49 | €40,413 | €21,838 | -€18,575 | -46.0% |
| Amounts payable after more than one year | 17 | €7,865 | €2,804 | -€5,061 | -64.4% |
| Financial debts | 170/4 | €7,865 | €2,804 | -€5,061 | -64.4% |
| Amounts payable within one year | 42/48 | €32,548 | €19,034 | -€13,514 | -41.5% |
| Current portion of amounts payable after more than one year | 42 | €5,061 | €5,061 | = | 0.0% |
| Trade debts | 44 | €6,307 | €2,076 | -€4,231 | -67.1% |
| Suppliers | 440/4 | €6,307 | €2,076 | -€4,231 | -67.1% |
| Taxes, remuneration and social security | 45 | €12,777 | €7,313 | -€5,464 | -42.8% |
| Taxes | 450/3 | €2,737 | €2,924 | +€187 | +6.8% |
| Remuneration and social security | 454/9 | €10,040 | €4,390 | -€5,650 | -56.3% |
| Other amounts payable | 47/48 | €8,402 | €4,584 | -€3,819 | -45.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,381 | €6,381 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€6,506 | - | +€6,506 | |
| Other operating charges | 640/8 | €838 | €1,247 | +€409 | +48.8% |
| Gross operating margin | 9900 | €1,245 | €23,983 | +€22,738 | +1,826% |
| Operating profit (loss) | 9901 | €532 | €16,355 | +€15,823 | +2,974% |
| Financial income | 75/76B | €63 | €6 | -€57 | -90.8% |
| Recurring financial income | 75 | €63 | €6 | -€57 | -90.8% |
| Financial charges | 65/66B | €1,712 | €1,615 | -€97 | -5.7% |
| Recurring financial charges | 65 | €1,712 | €1,615 | -€97 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,117 | €14,745 | +€15,863 | |
| Income taxes | 67/77 | €442 | €4,112 | +€3,670 | +830% |
| Profit (loss) for the period | 9904 | -€1,559 | €10,633 | +€12,192 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,559 | €10,633 | +€12,192 |
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 21 October 2026 via checked.be.