Atelier WDS: 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 WDS
Largest movements
- Receivables within one year +€108,843
up €108,843 (+53.1%), from €205,116 to €313,959
of which Trade receivables: +€62,782
- Cash +€17,138
up €17,138 (+60.5%), from €28,329 to €45,467
mainly Depreciation (+€49,099) and Trade debts (+€42,091)
- Trade debts +€42,091
up €42,091 (+52.5%), from €80,153 to €122,244
- Reserves +€41,783
up €41,783 (+33.9%), from €123,238 to €165,021
- Advances received +€32,186
up €32,186 (+33.3%), from €96,575 to €128,762
- Tax, wage and social debts +€8,884
up €8,884 (+42.1%), from €21,091 to €29,974
of which Taxes: +€9,432
- Gross operating margin +€52,217
up €52,217 (+17.2%), from €302,838 to €355,055
- Staff costs +€12,876
up €12,876 (+6.0%), from €215,358 to €228,234
- Taxes +€8,506
up €8,506 (+97.2%), from €8,751 to €17,257
- Other operating charges -€7,202
down €7,202 (-63.3%), from €11,371 to €4,169
- Depreciation -€3,665
down €3,665 (-6.9%), from €52,765 to €49,099
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 | €761,772 | €883,150 | +€121,377 | +15.9% |
| Fixed assets | 21/28 | €525,637 | €517,733 | -€7,904 | -1.5% |
| Tangible fixed assets | 22/27 | €518,037 | €510,133 | -€7,904 | -1.5% |
| Land and buildings | 22 | €443,823 | €426,122 | -€17,701 | -4.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €73,364 | €81,962 | +€8,598 | +11.7% |
| Other tangible fixed assets | 26 | €850 | €2,050 | +€1,200 | +141% |
| Financial fixed assets | 28 | €7,600 | €7,600 | = | 0.0% |
| Current assets | 29/58 | €236,135 | €365,416 | +€129,281 | +54.7% |
| Amounts receivable within one year | 40/41 | €205,116 | €313,959 | +€108,843 | +53.1% |
| Trade receivables | 40 | €196,555 | €259,337 | +€62,782 | +31.9% |
| Other amounts receivable | 41 | €8,562 | €54,622 | +€46,060 | +538% |
| Cash at bank and in hand | 54/58 | €28,329 | €45,467 | +€17,138 | +60.5% |
| Deferred charges and accrued income | 490/1 | €2,690 | €5,990 | +€3,301 | +123% |
| Total equity and liabilities | 10/49 | €761,772 | €883,150 | +€121,377 | +15.9% |
| Equity | 10/15 | €123,238 | €165,021 | +€41,783 | +33.9% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €123,238 | €165,021 | +€41,783 | +33.9% |
| Distributable reserves | 133 | €123,238 | €165,021 | +€41,783 | +33.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €638,534 | €718,129 | +€79,594 | +12.5% |
| Amounts payable after more than one year | 17 | €327,958 | €321,176 | -€6,783 | -2.1% |
| Financial debts | 170/4 | €327,958 | €321,176 | -€6,783 | -2.1% |
| Amounts payable within one year | 42/48 | €308,665 | €396,262 | +€87,597 | +28.4% |
| Current portion of amounts payable after more than one year | 42 | €34,918 | €40,283 | +€5,365 | +15.4% |
| Financial debts | 43 | €75,000 | €75,000 | = | 0.0% |
| Credit institutions | 430/8 | €75,000 | €75,000 | = | 0.0% |
| Trade debts | 44 | €80,153 | €122,244 | +€42,091 | +52.5% |
| Suppliers | 440/4 | €80,153 | €122,244 | +€42,091 | +52.5% |
| Advances received on contracts in progress | 46 | €96,575 | €128,762 | +€32,186 | +33.3% |
| Taxes, remuneration and social security | 45 | €21,091 | €29,974 | +€8,884 | +42.1% |
| Taxes | 450/3 | €11,331 | €20,763 | +€9,432 | +83.2% |
| Remuneration and social security | 454/9 | €9,760 | €9,211 | -€549 | -5.6% |
| Other amounts payable | 47/48 | €928 | €0 | -€928 | -100% |
| Accrued charges and deferred income | 492/3 | €1,911 | €690 | -€1,221 | -63.9% |
| Remuneration, social security and pensions | 62 | €215,358 | €228,234 | +€12,876 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,765 | €49,099 | -€3,665 | -6.9% |
| Other operating charges | 640/8 | €11,371 | €4,169 | -€7,202 | -63.3% |
| Non-recurring operating charges | 66A | - | €3,717 | +€3,717 | |
| Gross operating margin | 9900 | €302,838 | €355,055 | +€52,217 | +17.2% |
| Operating profit (loss) | 9901 | €23,344 | €69,835 | +€46,491 | +199% |
| Financial income | 75/76B | €817 | €2,701 | +€1,883 | +230% |
| Recurring financial income | 75 | €817 | €2,701 | +€1,883 | +230% |
| Financial charges | 65/66B | €10,115 | €13,495 | +€3,380 | +33.4% |
| Recurring financial charges | 65 | €10,115 | €13,495 | +€3,380 | +33.4% |
| Profit (loss) for the period before taxes | 9903 | €14,047 | €59,040 | +€44,994 | +320% |
| Income taxes | 67/77 | €8,751 | €17,257 | +€8,506 | +97.2% |
| Profit (loss) for the period | 9904 | €5,295 | €41,783 | +€36,488 | +689% |
| Profit (loss) for the period to be appropriated | 9905 | €5,295 | €41,783 | +€36,488 | +689% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.