ATELIERS 118: 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.
ATELIERS 118
Largest movements
- Tangible fixed assets -€29,132
down €29,132 (-28.0%), from €104,129 to €74,997
- Profit (loss) carried forward -€43,029
down €43,029 (-35.7%), from -€120,417 to -€163,445
- Trade debts +€24,200
up €24,200 (+1,344%), from €1,800 to €26,001
- Debts after one year -€17,323
down €17,323 (-4.3%), from €405,319 to €387,996
of which Financial debts: -€23,745
- Other debts +€9,916
up €9,916 (+8.0%), from €124,283 to €134,199
- Gross operating margin -€34,053
down €34,053 (-70.7%), from €48,152 to €14,099
- Other operating charges +€2,916
up €2,916 (+24.7%), from €11,790 to €14,706
- Financial charges -€632
down €632 (-6.8%), from €9,329 to €8,697
- Depreciation +€604
up €604 (+1.8%), from €32,775 to €33,379
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 | €455,017 | €428,395 | -€26,622 | -5.9% |
| Fixed assets | 21/28 | €439,619 | €408,773 | -€30,846 | -7.0% |
| Intangible fixed assets | 21 | €3,428 | €1,714 | -€1,714 | -50.0% |
| Tangible fixed assets | 22/27 | €104,129 | €74,997 | -€29,132 | -28.0% |
| Land and buildings | 22 | €104,129 | €74,997 | -€29,132 | -28.0% |
| Financial fixed assets | 28 | €332,062 | €332,062 | = | 0.0% |
| Current assets | 29/58 | €15,398 | €19,623 | +€4,224 | +27.4% |
| Amounts receivable within one year | 40/41 | €1,088 | €4,317 | +€3,230 | +297% |
| Trade receivables | 40 | €1,088 | €3,500 | +€2,412 | +222% |
| Other amounts receivable | 41 | - | €818 | +€818 | |
| Cash at bank and in hand | 54/58 | €13,754 | €14,734 | +€980 | +7.1% |
| Deferred charges and accrued income | 490/1 | €557 | €571 | +€14 | +2.6% |
| Total equity and liabilities | 10/49 | €455,017 | €428,395 | -€26,622 | -5.9% |
| Equity | 10/15 | -€101,817 | -€144,845 | -€43,029 | -42.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€120,417 | -€163,445 | -€43,029 | -35.7% |
| Amounts payable | 17/49 | €556,834 | €573,241 | +€16,407 | +2.9% |
| Amounts payable after more than one year | 17 | €405,319 | €387,996 | -€17,323 | -4.3% |
| Financial debts | 170/4 | €325,638 | €301,893 | -€23,745 | -7.3% |
| Other amounts payable | 178/9 | €79,682 | €86,103 | +€6,422 | +8.1% |
| Amounts payable within one year | 42/48 | €151,025 | €185,245 | +€34,220 | +22.7% |
| Current portion of amounts payable after more than one year | 42 | €23,564 | €23,745 | +€181 | +0.8% |
| Trade debts | 44 | €1,800 | €26,001 | +€24,200 | +1,344% |
| Suppliers | 440/4 | €1,800 | €26,001 | +€24,200 | +1,344% |
| Advances received on contracts in progress | 46 | - | €1,300 | +€1,300 | |
| Taxes, remuneration and social security | 45 | €1,377 | - | -€1,377 | |
| Taxes | 450/3 | €1,377 | - | -€1,377 | |
| Other amounts payable | 47/48 | €124,283 | €134,199 | +€9,916 | +8.0% |
| Accrued charges and deferred income | 492/3 | €490 | - | -€490 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,775 | €33,379 | +€604 | +1.8% |
| Other operating charges | 640/8 | €11,790 | €14,706 | +€2,916 | +24.7% |
| Non-recurring operating charges | 66A | - | €350 | +€350 | |
| Gross operating margin | 9900 | €48,152 | €14,099 | -€34,053 | -70.7% |
| Operating profit (loss) | 9901 | €3,587 | -€34,336 | -€37,923 | |
| Financial income | 75/76B | €50 | €7 | -€43 | -85.9% |
| Recurring financial income | 75 | €50 | €7 | -€43 | -85.9% |
| Financial charges | 65/66B | €9,329 | €8,697 | -€632 | -6.8% |
| Recurring financial charges | 65 | €9,329 | €8,697 | -€632 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,692 | -€43,026 | -€37,334 | -656% |
| Income taxes | 67/77 | - | €3 | +€3 | |
| Profit (loss) for the period | 9904 | -€5,692 | -€43,029 | -€37,337 | -656% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,692 | -€43,029 | -€37,337 | -656% |
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 25 October 2026 via checked.be.