Ateliers Pouplier: 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 Pouplier
Largest movements
- Tangible fixed assets +€173,104
up €173,104 (+103%), from €168,539 to €341,643
of which Leasing and similar rights: +€153,487
- Stocks and contracts +€124,065
new in 2025: €124,065
- Receivables within one year -€62,249
down €62,249 (-19.7%), from €315,610 to €253,361
of which Other amounts receivable: -€112,263
- Cash -€33,864
down €33,864 (-91.3%), from €37,103 to €3,238
mainly Investment in fixed assets (net) (-€225,193) and Stocks and contracts (-€124,065)
- Trade debts +€219,506
up €219,506 (+248%), from €88,631 to €308,138
- Debts after one year +€111,695
up €111,695 (+77.6%), from €143,958 to €255,653
- Reserves -€101,521
down €101,521 (-7.1%), from €1.4m to €1.3m
of which Tax-exempt reserves: -€121,635
- Other debts -€55,065
down €55,065 (-99.8%), from €55,203 to €138
- Current portion of long-term debt +€42,679
up €42,679 (+73.0%), from €58,428 to €101,106
- Gross operating margin -€1.2m
down €1.2m (-95.3%), from €1.3m to €60,184
- Depreciation -€298,377
down €298,377 (-85.5%), from €348,990 to €50,613
- Staff costs +€107,245
up €107,245 (+874%), from €12,274 to €119,518
- Taxes -€71,236
down €71,236 (-97.4%), from €73,159 to €1,923
- Other operating charges -€26,167
down €26,167 (-63.8%), from €41,020 to €14,853
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 | €2,128,205 | €2,337,473 | +€209,268 | +9.8% |
| Fixed assets | 21/28 | €1,718,539 | €1,893,119 | +€174,580 | +10.2% |
| Intangible fixed assets | 21 | - | €1,476 | +€1,476 | |
| Tangible fixed assets | 22/27 | €168,539 | €341,643 | +€173,104 | +103% |
| Plant, machinery and equipment | 23 | €13,322 | €21,874 | +€8,552 | +64.2% |
| Furniture and vehicles | 24 | €40,839 | €51,904 | +€11,065 | +27.1% |
| Leasing and similar rights | 25 | €64,378 | €217,865 | +€153,487 | +238% |
| Other tangible fixed assets | 26 | €50,000 | €50,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,550,000 | €1,550,000 | = | 0.0% |
| Current assets | 29/58 | €409,666 | €444,354 | +€34,688 | +8.5% |
| Stocks and contracts in progress | 3 | - | €124,065 | +€124,065 | |
| Stocks | 30/36 | - | €124,065 | +€124,065 | |
| Amounts receivable within one year | 40/41 | €315,610 | €253,361 | -€62,249 | -19.7% |
| Trade receivables | 40 | €57,376 | €107,390 | +€50,014 | +87.2% |
| Other amounts receivable | 41 | €258,234 | €145,971 | -€112,263 | -43.5% |
| Cash at bank and in hand | 54/58 | €37,103 | €3,238 | -€33,864 | -91.3% |
| Deferred charges and accrued income | 490/1 | €56,953 | €63,689 | +€6,736 | +11.8% |
| Total equity and liabilities | 10/49 | €2,128,205 | €2,337,473 | +€209,268 | +9.8% |
| Equity | 10/15 | €1,561,799 | €1,460,278 | -€101,521 | -6.5% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Capital | 10 | €124,000 | €124,000 | = | 0.0% |
| Issued capital | 100 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | €1,437,799 | €1,336,278 | -€101,521 | -7.1% |
| Non-distributable reserves | 130/1 | €12,400 | €12,400 | = | 0.0% |
| Legal reserve | 130 | €12,400 | €12,400 | = | 0.0% |
| Tax-exempt reserves | 132 | €425,691 | €304,056 | -€121,635 | -28.6% |
| Distributable reserves | 133 | €999,708 | €1,019,822 | +€20,114 | +2.0% |
| Provisions and deferred taxes | 16 | €141,897 | €101,352 | -€40,545 | -28.6% |
| Deferred taxes | 168 | €141,897 | €101,352 | -€40,545 | -28.6% |
| Amounts payable | 17/49 | €424,508 | €775,843 | +€351,335 | +82.8% |
| Amounts payable after more than one year | 17 | €143,958 | €255,653 | +€111,695 | +77.6% |
| Financial debts | 170/4 | €143,958 | €255,653 | +€111,695 | +77.6% |
| Amounts payable within one year | 42/48 | €280,550 | €520,190 | +€239,640 | +85.4% |
| Current portion of amounts payable after more than one year | 42 | €58,428 | €101,106 | +€42,679 | +73.0% |
| Trade debts | 44 | €88,631 | €308,138 | +€219,506 | +248% |
| Suppliers | 440/4 | €88,631 | €308,138 | +€219,506 | +248% |
| Taxes, remuneration and social security | 45 | €78,288 | €110,808 | +€32,520 | +41.5% |
| Taxes | 450/3 | €73,420 | €86,743 | +€13,322 | +18.1% |
| Remuneration and social security | 454/9 | €4,868 | €24,066 | +€19,198 | +394% |
| Other amounts payable | 47/48 | €55,203 | €138 | -€55,065 | -99.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | -€0 | |
| Remuneration, social security and pensions | 62 | €12,274 | €119,518 | +€107,245 | +874% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €348,990 | €50,613 | -€298,377 | -85.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €19,704 | €3,745 | -€15,958 | -81.0% |
| Other operating charges | 640/8 | €41,020 | €14,853 | -€26,167 | -63.8% |
| Gross operating margin | 9900 | €1,281,897 | €60,184 | -€1.2m | -95.3% |
| Operating profit (loss) | 9901 | €859,910 | -€128,545 | -€988,455 | |
| Financial income | 75/76B | €388 | €10 | -€378 | -97.4% |
| Recurring financial income | 75 | €388 | €10 | -€378 | -97.4% |
| Financial charges | 65/66B | €1,622 | €11,608 | +€9,986 | +616% |
| Recurring financial charges | 65 | €1,622 | €11,608 | +€9,986 | +616% |
| Profit (loss) for the period before taxes | 9903 | €858,676 | -€140,143 | -€998,819 | |
| Transfer from deferred taxes | 780 | - | €40,545 | +€40,545 | |
| Transfer to deferred taxes | 680 | €141,897 | - | -€141,897 | |
| Income taxes | 67/77 | €73,159 | €1,923 | -€71,236 | -97.4% |
| Profit (loss) for the period | 9904 | €643,620 | -€101,521 | -€745,141 | |
| Transfer from tax-exempt reserves | 789 | €248 | €121,635 | +€121,387 | +48,968% |
| Transfer to tax-exempt reserves | 689 | €425,691 | - | -€425,691 | |
| Profit (loss) for the period to be appropriated | 9905 | €218,176 | €20,114 | -€198,062 | -90.8% |
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 30 October 2026 via checked.be.