Atelier21: 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.
Atelier21
Largest movements
- Cash +€56,596
up €56,596 (+67.7%), from €83,628 to €140,225
mainly Other debts (+€61,476) and Net result for the year (+€43,379)
- Tangible fixed assets -€17,187
down €17,187 (-35.0%), from €49,131 to €31,944
of which Furniture and vehicles: -€9,413
- Stocks and contracts +€15,360
up €15,360 (+65.4%), from €23,475 to €38,835
of which Contracts in progress: +€10,540
- Receivables within one year +€6,970
up €6,970 (+39.2%), from €17,794 to €24,764
of which Trade receivables: +€6,418
- Other debts +€61,476
up €61,476 (+642%), from €9,578 to €71,054
- Tax, wage and social debts +€17,190
up €17,190 (+314%), from €5,468 to €22,659
- Reserves -€16,621
down €16,621 (-12.1%), from €137,309 to €120,688
of which Distributable reserves: -€16,621
- Gross operating margin +€46,854
up €46,854 (+133%), from €35,323 to €82,177
- Taxes +€10,646
up €10,646 (+217%), from €4,907 to €15,553
- Depreciation +€9,331
up €9,331 (+119%), from €7,856 to €17,187
- Financial charges +€871
up €871 (+36.9%), from €2,363 to €3,234
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 | €177,781 | €241,918 | +€64,137 | +36.1% |
| Fixed assets | 21/28 | €51,165 | €33,978 | -€17,187 | -33.6% |
| Tangible fixed assets | 22/27 | €49,131 | €31,944 | -€17,187 | -35.0% |
| Plant, machinery and equipment | 23 | €11,146 | €6,212 | -€4,934 | -44.3% |
| Furniture and vehicles | 24 | €28,034 | €18,621 | -€9,413 | -33.6% |
| Other tangible fixed assets | 26 | €9,951 | €7,111 | -€2,839 | -28.5% |
| Financial fixed assets | 28 | €2,034 | €2,034 | = | 0.0% |
| Current assets | 29/58 | €126,616 | €207,940 | +€81,324 | +64.2% |
| Stocks and contracts in progress | 3 | €23,475 | €38,835 | +€15,360 | +65.4% |
| Stocks | 30/36 | €23,475 | €28,295 | +€4,820 | +20.5% |
| Contracts in progress | 37 | - | €10,540 | +€10,540 | |
| Amounts receivable within one year | 40/41 | €17,794 | €24,764 | +€6,970 | +39.2% |
| Trade receivables | 40 | €11,159 | €17,578 | +€6,418 | +57.5% |
| Other amounts receivable | 41 | €6,635 | €7,186 | +€551 | +8.3% |
| Cash at bank and in hand | 54/58 | €83,628 | €140,225 | +€56,596 | +67.7% |
| Deferred charges and accrued income | 490/1 | €1,718 | €4,117 | +€2,398 | +140% |
| Total equity and liabilities | 10/49 | €177,781 | €241,918 | +€64,137 | +36.1% |
| Equity | 10/15 | €155,909 | €139,288 | -€16,621 | -10.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €137,309 | €120,688 | -€16,621 | -12.1% |
| Tax-exempt reserves | 132 | €4,194 | €4,194 | = | 0.0% |
| Distributable reserves | 133 | €133,115 | €116,494 | -€16,621 | -12.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €21,872 | €102,631 | +€80,758 | +369% |
| Amounts payable within one year | 42/48 | €21,745 | €101,944 | +€80,199 | +369% |
| Trade debts | 44 | €6,698 | €7,376 | +€678 | +10.1% |
| Suppliers | 440/4 | €6,698 | €7,376 | +€678 | +10.1% |
| Advances received on contracts in progress | 46 | - | €855 | +€855 | |
| Taxes, remuneration and social security | 45 | €5,468 | €22,659 | +€17,190 | +314% |
| Taxes | 450/3 | €5,468 | €22,659 | +€17,190 | +314% |
| Other amounts payable | 47/48 | €9,578 | €71,054 | +€61,476 | +642% |
| Accrued charges and deferred income | 492/3 | €127 | €687 | +€560 | +440% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,856 | €17,187 | +€9,331 | +119% |
| Other operating charges | 640/8 | €3,385 | €2,889 | -€495 | -14.6% |
| Gross operating margin | 9900 | €35,323 | €82,177 | +€46,854 | +133% |
| Operating profit (loss) | 9901 | €24,082 | €62,101 | +€38,019 | +158% |
| Financial income | 75/76B | €703 | €65 | -€638 | -90.8% |
| Recurring financial income | 75 | €703 | €65 | -€638 | -90.8% |
| Financial charges | 65/66B | €2,363 | €3,234 | +€871 | +36.9% |
| Recurring financial charges | 65 | €2,363 | €3,234 | +€871 | +36.9% |
| Profit (loss) for the period before taxes | 9903 | €22,422 | €58,932 | +€36,510 | +163% |
| Income taxes | 67/77 | €4,907 | €15,553 | +€10,646 | +217% |
| Profit (loss) for the period | 9904 | €17,515 | €43,379 | +€25,863 | +148% |
| Profit (loss) for the period to be appropriated | 9905 | €17,515 | €43,379 | +€25,863 | +148% |
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 22 October 2026 via checked.be.