ATELIER VERHEYEN: what changed
ATELIER VERHEYEN
Largest movements
- Tangible fixed assets -€64,441
down €64,441 (-100%), from €64,441 to €0
of which Furniture and vehicles: -€56,570
- Receivables within one year -€49,802
down €49,802 (-99.8%), from €49,908 to €106
of which Trade receivables: -€36,850
- Cash +€16,045
up €16,045 (+62,360%), from €26 to €16,071
mainly Investment in fixed assets (net) (+€64,441) and Receivables within one year (+€49,802)
- Stocks and contracts -€7,850
down €7,850 (-100%), from €7,850 to €0
of which Stocks: -€7,850
- Profit (loss) carried forward -€75,608
down €75,608 (-201%), from -€37,560 to -€113,169
- Short-term financial debts -€18,385
down €18,385 (-100%), from €18,385 to €0
- Other debts +€15,401
up €15,401 (+19.5%), from €78,787 to €94,189
- Debts after one year -€14,503
down €14,503 (-100%), from €14,503 to €0
- Trade debts -€11,039
down €11,039 (-94.6%), from €11,673 to €634
- Gross operating margin -€67,573
down €67,573, from €4,893 to -€62,681
- Depreciation -€20,412
down €20,412 (-100%), from €20,412 to €0
- Other operating charges +€6,343
up €6,343 (+759%), from €836 to €7,179
- Taxes +€2,509
up €2,509, from €0 to €2,509
- Financial charges -€1,439
down €1,439 (-30.8%), from €4,680 to €3,241
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €122,225 | €16,177 | -€106,048 | -86.8% |
| Fixed assets | 21/28 | €64,441 | €0 | -€64,441 | -100% |
| Tangible fixed assets | 22/27 | €64,441 | €0 | -€64,441 | -100% |
| Land and buildings | 22 | €4,921 | €0 | -€4,921 | -100% |
| Plant, machinery and equipment | 23 | €2,950 | €0 | -€2,950 | -100% |
| Furniture and vehicles | 24 | €56,570 | €0 | -€56,570 | -100% |
| Current assets | 29/58 | €57,784 | €16,177 | -€41,607 | -72.0% |
| Stocks and contracts in progress | 3 | €7,850 | €0 | -€7,850 | -100% |
| Stocks | 30/36 | €7,850 | €0 | -€7,850 | -100% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €49,908 | €106 | -€49,802 | -99.8% |
| Trade receivables | 40 | €36,850 | €0 | -€36,850 | -100% |
| Other amounts receivable | 41 | €13,058 | €106 | -€12,952 | -99.2% |
| Cash at bank and in hand | 54/58 | €26 | €16,071 | +€16,045 | +62,360% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €122,225 | €16,177 | -€106,048 | -86.8% |
| Equity | 10/15 | -€18,172 | -€93,781 | -€75,608 | -416% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €788 | €788 | = | 0.0% |
| Distributable reserves | 133 | €788 | €788 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,560 | -€113,169 | -€75,608 | -201% |
| Amounts payable | 17/49 | €140,398 | €109,958 | -€30,439 | -21.7% |
| Amounts payable after more than one year | 17 | €14,503 | €0 | -€14,503 | -100% |
| Financial debts | 170/4 | €14,503 | €0 | -€14,503 | -100% |
| Amounts payable within one year | 42/48 | €125,895 | €109,958 | -€15,936 | -12.7% |
| Current portion of amounts payable after more than one year | 42 | €9,612 | €15,135 | +€5,523 | +57.5% |
| Financial debts | 43 | €18,385 | €0 | -€18,385 | -100% |
| Credit institutions | 430/8 | €18,385 | €0 | -€18,385 | -100% |
| Trade debts | 44 | €11,673 | €634 | -€11,039 | -94.6% |
| Suppliers | 440/4 | €11,673 | €634 | -€11,039 | -94.6% |
| Advances received on contracts in progress | 46 | €7,437 | €0 | -€7,437 | -100% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €78,787 | €94,189 | +€15,401 | +19.5% |
| Remuneration, social security and pensions | 62 | €163 | €0 | -€163 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,412 | €0 | -€20,412 | -100% |
| Other operating charges | 640/8 | €836 | €7,179 | +€6,343 | +759% |
| Gross operating margin | 9900 | €4,893 | -€62,681 | -€67,573 | |
| Operating profit (loss) | 9901 | -€16,518 | -€69,860 | -€53,341 | -323% |
| Financial income | 75/76B | €0 | €1 | +€0 | +155% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +155% |
| Financial charges | 65/66B | €4,680 | €3,241 | -€1,439 | -30.8% |
| Recurring financial charges | 65 | €4,680 | €3,241 | -€1,439 | -30.8% |
| Profit (loss) for the period before taxes | 9903 | -€21,198 | -€73,100 | -€51,902 | -245% |
| Income taxes | 67/77 | €0 | €2,509 | +€2,509 | |
| Profit (loss) for the period | 9904 | -€21,198 | -€75,608 | -€54,411 | -257% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,198 | -€75,608 | -€54,411 | -257% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.