ATELIERS A. HOUYON: 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 A. HOUYON
Largest movements
- Current investments +€50,000
up €50,000 (+50.0%), from €100,000 to €150,000
- Receivables within one year +€28,592
up €28,592 (+33.1%), from €86,334 to €114,926
of which Trade receivables: +€17,369
- Cash -€19,920
down €19,920 (-5.3%), from €374,774 to €354,854
mainly Current investments (-€50,000) and Investment in fixed assets (net) (-€44,314)
- Stocks and contracts -€10,725
down €10,725 (-57.4%), from €18,685 to €7,960
- Tangible fixed assets -€8,395
down €8,395 (-9.4%), from €89,423 to €81,028
of which Furniture and vehicles: -€15,069
- Reserves +€51,498
up €51,498 (+10.3%), from €501,344 to €552,843
of which Distributable reserves: +€55,000
- Other debts +€12,000
up €12,000 (+150%), from €8,000 to €20,000
- Debts after one year -€10,500
down €10,500 (-31.7%), from €33,126 to €22,626
- Trade debts -€10,286
down €10,286 (-46.1%), from €22,295 to €12,009
- Current portion of long-term debt -€7,821
down €7,821 (-41.1%), from €19,042 to €11,222
- Depreciation -€57,673
down €57,673 (-52.2%), from €110,381 to €52,708
- Gross operating margin -€37,839
down €37,839 (-11.9%), from €316,878 to €279,039
- Financial income -€7,578
down €7,578 (-52.5%), from €14,438 to €6,860
of which Non-recurring financial income: -€10,000
- Taxes +€5,798
up €5,798 (+23.2%), from €25,037 to €30,835
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 | €678,116 | €716,988 | +€38,872 | +5.7% |
| Fixed assets | 21/28 | €89,423 | €81,028 | -€8,395 | -9.4% |
| Tangible fixed assets | 22/27 | €89,423 | €81,028 | -€8,395 | -9.4% |
| Plant, machinery and equipment | 23 | €32,340 | €39,015 | +€6,674 | +20.6% |
| Furniture and vehicles | 24 | €57,082 | €42,013 | -€15,069 | -26.4% |
| Current assets | 29/58 | €588,693 | €635,960 | +€47,267 | +8.0% |
| Stocks and contracts in progress | 3 | €18,685 | €7,960 | -€10,725 | -57.4% |
| Stocks | 30/36 | €18,685 | €7,960 | -€10,725 | -57.4% |
| Amounts receivable within one year | 40/41 | €86,334 | €114,926 | +€28,592 | +33.1% |
| Trade receivables | 40 | €70,082 | €87,451 | +€17,369 | +24.8% |
| Other amounts receivable | 41 | €16,252 | €27,475 | +€11,223 | +69.1% |
| Current investments | 50/53 | €100,000 | €150,000 | +€50,000 | +50.0% |
| Cash at bank and in hand | 54/58 | €374,774 | €354,854 | -€19,920 | -5.3% |
| Deferred charges and accrued income | 490/1 | €8,900 | €8,220 | -€680 | -7.6% |
| Total equity and liabilities | 10/49 | €678,116 | €716,988 | +€38,872 | +5.7% |
| Equity | 10/15 | €570,462 | €623,728 | +€53,266 | +9.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €501,344 | €552,843 | +€51,498 | +10.3% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,071 | €5,569 | -€3,502 | -38.6% |
| Distributable reserves | 133 | €486,123 | €541,123 | +€55,000 | +11.3% |
| Profit (loss) carried forward | 14 | €7,618 | €9,385 | +€1,767 | +23.2% |
| Provisions and deferred taxes | 16 | €2,619 | €1,392 | -€1,227 | -46.8% |
| Deferred taxes | 168 | €2,619 | €1,392 | -€1,227 | -46.8% |
| Amounts payable | 17/49 | €105,035 | €91,868 | -€13,167 | -12.5% |
| Amounts payable after more than one year | 17 | €33,126 | €22,626 | -€10,500 | -31.7% |
| Financial debts | 170/4 | €33,126 | €22,626 | -€10,500 | -31.7% |
| Amounts payable within one year | 42/48 | €71,780 | €69,086 | -€2,694 | -3.8% |
| Current portion of amounts payable after more than one year | 42 | €19,042 | €11,222 | -€7,821 | -41.1% |
| Trade debts | 44 | €22,295 | €12,009 | -€10,286 | -46.1% |
| Suppliers | 440/4 | €22,295 | €12,009 | -€10,286 | -46.1% |
| Taxes, remuneration and social security | 45 | €22,442 | €25,855 | +€3,413 | +15.2% |
| Taxes | 450/3 | €10,991 | €11,912 | +€921 | +8.4% |
| Remuneration and social security | 454/9 | €11,451 | €13,943 | +€2,492 | +21.8% |
| Other amounts payable | 47/48 | €8,000 | €20,000 | +€12,000 | +150% |
| Accrued charges and deferred income | 492/3 | €129 | €156 | +€28 | +21.6% |
| Non-recurring operating income | 76A | - | €4,000 | +€4,000 | |
| Remuneration, social security and pensions | 62 | €128,884 | €126,806 | -€2,079 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €110,381 | €52,708 | -€57,673 | -52.2% |
| Other operating charges | 640/8 | €2,051 | €1,584 | -€467 | -22.8% |
| Gross operating margin | 9900 | €316,878 | €279,039 | -€37,839 | -11.9% |
| Operating profit (loss) | 9901 | €75,562 | €97,941 | +€22,380 | +29.6% |
| Financial income | 75/76B | €14,438 | €6,860 | -€7,578 | -52.5% |
| Recurring financial income | 75 | €4,438 | €6,860 | +€2,422 | +54.6% |
| Non-recurring financial income | 76B | €10,000 | - | -€10,000 | |
| Financial charges | 65/66B | €2,214 | €1,928 | -€286 | -12.9% |
| Recurring financial charges | 65 | €2,214 | €1,928 | -€286 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €87,786 | €102,873 | +€15,087 | +17.2% |
| Transfer from deferred taxes | 780 | €2,623 | €1,227 | -€1,396 | -53.2% |
| Transfer to deferred taxes | 680 | €2,000 | - | -€2,000 | |
| Income taxes | 67/77 | €25,037 | €30,835 | +€5,798 | +23.2% |
| Profit (loss) for the period | 9904 | €63,372 | €73,266 | +€9,893 | +15.6% |
| Transfer from tax-exempt reserves | 789 | €6,386 | €3,502 | -€2,884 | -45.2% |
| Transfer to tax-exempt reserves | 689 | €8,000 | - | -€8,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €61,758 | €76,767 | +€15,009 | +24.3% |
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 28 October 2026 via checked.be.