ATELIER VELOO: 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 VELOO
Largest movements
- Receivables within one year -€28,942
down €28,942 (-73.0%), from €39,620 to €10,678
of which Other amounts receivable: -€29,786
- Tangible fixed assets -€14,794
down €14,794 (-39.9%), from €37,052 to €22,258
- Stocks and contracts -€10,434
down €10,434 (-15.0%), from €69,588 to €59,154
- Cash +€2,083
new in 2025: €2,083
mainly Receivables within one year (+€28,942) and Depreciation (+€16,389)
- Formation expenses -€1,596
down €1,596 (-51.8%), from €3,083 to €1,488
- Profit (loss) carried forward -€27,658
down €27,658 (-87.6%), from -€31,560 to -€59,218
- Debts after one year -€20,872
down €20,872 (-36.3%), from €57,487 to €36,614
- Tax, wage and social debts -€9,290
down €9,290 (-52.9%), from €17,545 to €8,255
- Trade debts +€6,033
up €6,033 (+12.5%), from €48,160 to €54,193
- Short-term financial debts -€3,458
down €3,458 (-11.5%), from €29,999 to €26,542
- Gross operating margin +€2,006
up €2,006, from -€1,922 to €84
- Financial charges -€1,404
down €1,404 (-12.2%), from €11,519 to €10,115
- Other operating charges -€664
down €664 (-31.6%), from €2,100 to €1,436
- Financial income -€86
down €86 (-17.7%), from €484 to €398
- Depreciation +€83
up €83 (+0.5%), from €16,306 to €16,389
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 | €149,432 | €95,689 | -€53,743 | -36.0% |
| Formation expenses | 20 | €3,083 | €1,488 | -€1,596 | -51.8% |
| Fixed assets | 21/28 | €37,052 | €22,258 | -€14,794 | -39.9% |
| Tangible fixed assets | 22/27 | €37,052 | €22,258 | -€14,794 | -39.9% |
| Land and buildings | 22 | €11,669 | €7,568 | -€4,102 | -35.1% |
| Plant, machinery and equipment | 23 | €10,957 | €5,283 | -€5,674 | -51.8% |
| Furniture and vehicles | 24 | €14,426 | €9,408 | -€5,018 | -34.8% |
| Current assets | 29/58 | €109,297 | €71,943 | -€37,354 | -34.2% |
| Stocks and contracts in progress | 3 | €69,588 | €59,154 | -€10,434 | -15.0% |
| Stocks | 30/36 | €69,588 | €59,154 | -€10,434 | -15.0% |
| Amounts receivable within one year | 40/41 | €39,620 | €10,678 | -€28,942 | -73.0% |
| Trade receivables | 40 | €252 | €1,097 | +€844 | +335% |
| Other amounts receivable | 41 | €39,368 | €9,582 | -€29,786 | -75.7% |
| Cash at bank and in hand | 54/58 | - | €2,083 | +€2,083 | |
| Deferred charges and accrued income | 490/1 | €88 | €27 | -€61 | -69.0% |
| Total equity and liabilities | 10/49 | €149,432 | €95,689 | -€53,743 | -36.0% |
| Equity | 10/15 | -€26,146 | -€53,804 | -€27,658 | -106% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €414 | €414 | = | 0.0% |
| Distributable reserves | 133 | €414 | €414 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,560 | -€59,218 | -€27,658 | -87.6% |
| Amounts payable | 17/49 | €175,578 | €149,493 | -€26,085 | -14.9% |
| Amounts payable after more than one year | 17 | €57,487 | €36,614 | -€20,872 | -36.3% |
| Financial debts | 170/4 | €57,487 | €36,614 | -€20,872 | -36.3% |
| Amounts payable within one year | 42/48 | €113,592 | €106,879 | -€6,713 | -5.9% |
| Current portion of amounts payable after more than one year | 42 | €17,888 | €16,273 | -€1,615 | -9.0% |
| Financial debts | 43 | €29,999 | €26,542 | -€3,458 | -11.5% |
| Credit institutions | 430/8 | €29,999 | €26,542 | -€3,458 | -11.5% |
| Trade debts | 44 | €48,160 | €54,193 | +€6,033 | +12.5% |
| Suppliers | 440/4 | €48,160 | €54,193 | +€6,033 | +12.5% |
| Advances received on contracts in progress | 46 | - | €1,617 | +€1,617 | |
| Taxes, remuneration and social security | 45 | €17,545 | €8,255 | -€9,290 | -52.9% |
| Taxes | 450/3 | €17,545 | €8,255 | -€9,290 | -52.9% |
| Accrued charges and deferred income | 492/3 | €4,500 | €6,000 | +€1,500 | +33.3% |
| Non-recurring operating income | 76A | €407 | €0 | -€407 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,306 | €16,389 | +€83 | +0.5% |
| Other operating charges | 640/8 | €2,100 | €1,436 | -€664 | -31.6% |
| Gross operating margin | 9900 | -€1,922 | €84 | +€2,006 | |
| Operating profit (loss) | 9901 | -€20,328 | -€17,741 | +€2,587 | +12.7% |
| Financial income | 75/76B | €484 | €398 | -€86 | -17.7% |
| Recurring financial income | 75 | €484 | €398 | -€86 | -17.7% |
| Financial charges | 65/66B | €11,519 | €10,115 | -€1,404 | -12.2% |
| Recurring financial charges | 65 | €11,519 | €10,115 | -€1,404 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | -€31,364 | -€27,458 | +€3,906 | +12.5% |
| Income taxes | 67/77 | €196 | €200 | +€4 | +1.8% |
| Profit (loss) for the period | 9904 | -€31,560 | -€27,658 | +€3,902 | +12.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,560 | -€27,658 | +€3,902 | +12.4% |
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 23 October 2026 via checked.be.