ATELIERS ANDRÉ: what changed
Two fiscal 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 ANDRÉ
Largest movements
- Receivables within one year -€100,952
down €100,952 (-42.4%), from €237,997 to €137,045
of which Trade receivables: -€99,211
- Stocks and contracts +€22,694
up €22,694 (+6.9%), from €330,000 to €352,694
- Cash -€18,012
down €18,012 (-52.6%), from €34,225 to €16,213
mainly Current portion of long-term debt (-€51,700) and Debts after one year (-€42,540)
- Current portion of long-term debt -€51,700
down €51,700 (-50.4%), from €102,649 to €50,949
- Debts after one year -€42,540
down €42,540 (-48.3%), from €87,989 to €45,449
- Reserves +€32,800
up €32,800 (+7.3%), from €449,600 to €482,400
of which Distributable reserves: +€32,800
- Trade debts -€31,445
down €31,445 (-41.4%), from €76,034 to €44,589
- Gross operating margin -€168,708
down €168,708 (-38.8%), from €435,072 to €266,364
- Taxes -€49,453
down €49,453 (-75.5%), from €65,494 to €16,041
- Staff costs +€29,067
up €29,067 (+19.1%), from €151,953 to €181,020
- Financial income +€9,852
up €9,852 (+285.1%), from €3,456 to €13,308
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.
Cash bridge derived
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 | €1,015,012 | €921,057 | -€93,955 | -9.3% |
| Fixed assets | 21/28 | €412,130 | €409,566 | -€2,564 | -0.6% |
| Tangible fixed assets | 22/27 | €86,726 | €84,162 | -€2,564 | -3.0% |
| Land and buildings | 22 | €948 | €5,325 | +€4,377 | +461.7% |
| Plant, machinery and equipment | 23 | €61,773 | €57,668 | -€4,105 | -6.6% |
| Furniture and vehicles | 24 | €24,005 | €21,169 | -€2,836 | -11.8% |
| Financial fixed assets | 28 | €325,404 | €325,404 | = | 0.0% |
| Current assets | 29/58 | €602,882 | €511,491 | -€91,391 | -15.2% |
| Stocks and contracts in progress | 3 | €330,000 | €352,694 | +€22,694 | +6.9% |
| Stocks | 30/36 | €330,000 | €352,694 | +€22,694 | +6.9% |
| Amounts receivable within one year | 40/41 | €237,997 | €137,045 | -€100,952 | -42.4% |
| Trade receivables | 40 | €210,455 | €111,244 | -€99,211 | -47.1% |
| Other amounts receivable | 41 | €27,542 | €25,801 | -€1,741 | -6.3% |
| Cash at bank and in hand | 54/58 | €34,225 | €16,213 | -€18,012 | -52.6% |
| Deferred charges and accrued income | 490/1 | €660 | €5,539 | +€4,879 | +739.2% |
| Total equity and liabilities | 10/49 | €1,015,012 | €921,057 | -€93,955 | -9.3% |
| Equity | 10/15 | €586,249 | €615,826 | +€29,577 | +5.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €449,600 | €482,400 | +€32,800 | +7.3% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €84,200 | €84,200 | = | 0.0% |
| Distributable reserves | 133 | €359,200 | €392,000 | +€32,800 | +9.1% |
| Profit (loss) carried forward | 14 | €74,649 | €71,426 | -€3,223 | -4.3% |
| Amounts payable | 17/49 | €428,763 | €305,231 | -€123,532 | -28.8% |
| Amounts payable after more than one year | 17 | €87,989 | €45,449 | -€42,540 | -48.3% |
| Financial debts | 170/4 | €87,989 | €45,449 | -€42,540 | -48.3% |
| Amounts payable within one year | 42/48 | €340,604 | €259,612 | -€80,992 | -23.8% |
| Current portion of amounts payable after more than one year | 42 | €102,649 | €50,949 | -€51,700 | -50.4% |
| Trade debts | 44 | €76,034 | €44,589 | -€31,445 | -41.4% |
| Suppliers | 440/4 | €76,034 | €44,589 | -€31,445 | -41.4% |
| Advances received on contracts in progress | 46 | €4,619 | - | -€4,619 | |
| Taxes, remuneration and social security | 45 | €28,822 | €30,112 | +€1,290 | +4.5% |
| Taxes | 450/3 | €8,863 | €2,232 | -€6,631 | -74.8% |
| Remuneration and social security | 454/9 | €19,959 | €27,880 | +€7,921 | +39.7% |
| Other amounts payable | 47/48 | €128,480 | €133,962 | +€5,482 | +4.3% |
| Accrued charges and deferred income | 492/3 | €170 | €170 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €151,953 | €181,020 | +€29,067 | +19.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,236 | €38,887 | -€1,349 | -3.4% |
| Other operating charges | 640/8 | €6,145 | €2,320 | -€3,825 | -62.2% |
| Non-recurring operating charges | 66A | - | €944 | +€944 | |
| Gross operating margin | 9900 | €435,072 | €266,364 | -€168,708 | -38.8% |
| Operating profit (loss) | 9901 | €236,738 | €43,193 | -€193,545 | -81.8% |
| Financial income | 75/76B | €3,456 | €13,308 | +€9,852 | +285.1% |
| Recurring financial income | 75 | €3,456 | €13,308 | +€9,852 | +285.1% |
| Financial charges | 65/66B | €6,791 | €7,551 | +€760 | +11.2% |
| Recurring financial charges | 65 | €6,791 | €7,551 | +€760 | +11.2% |
| Profit (loss) for the period before taxes | 9903 | €233,403 | €48,950 | -€184,453 | -79.0% |
| Income taxes | 67/77 | €65,494 | €16,041 | -€49,453 | -75.5% |
| Profit (loss) for the period | 9904 | €167,909 | €32,909 | -€135,000 | -80.4% |
| Transfer to tax-exempt reserves | 689 | €84,200 | - | -€84,200 | |
| Profit (loss) for the period to be appropriated | 9905 | €83,709 | €32,909 | -€50,800 | -60.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.