ATELIERS WAUTERS: 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 WAUTERS
Largest movements
- Tangible fixed assets -€50,560
down €50,560 (-12.5%), from €404,714 to €354,154
- Cash +€24,795
up €24,795 (+88.3%), from €28,064 to €52,859
mainly Tax, wage and social debts (+€57,558) and Depreciation (+€50,560)
- Receivables within one year +€15,047
up €15,047 (+70.4%), from €21,381 to €36,428
of which Trade receivables: +€15,876
- Stocks and contracts +€7,640
up €7,640 (+12.5%), from €61,333 to €68,972
- Tax, wage and social debts +€57,558
up €57,558 (+67.9%), from €84,728 to €142,286
of which Taxes: +€47,798
- Debts after one year -€42,031
down €42,031 (-15.3%), from €275,590 to €233,559
- Profit (loss) carried forward -€30,724
down €30,724 (-34.0%), from -€90,309 to -€121,033
- Trade debts +€27,639
up €27,639 (+63.6%), from €43,491 to €71,130
- Other debts -€15,000
down €15,000 (-10.3%), from €145,000 to €130,000
- Gross operating margin +€55,273
up €55,273 (+19.9%), from €278,270 to €333,543
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 | €522,758 | €517,928 | -€4,830 | -0.9% |
| Fixed assets | 21/28 | €406,427 | €355,867 | -€50,560 | -12.4% |
| Tangible fixed assets | 22/27 | €404,714 | €354,154 | -€50,560 | -12.5% |
| Plant, machinery and equipment | 23 | €83,627 | €67,531 | -€16,097 | -19.2% |
| Furniture and vehicles | 24 | €5,752 | €3,956 | -€1,796 | -31.2% |
| Leasing and similar rights | 25 | €106,102 | €90,347 | -€15,755 | -14.8% |
| Other tangible fixed assets | 26 | €209,233 | €192,321 | -€16,912 | -8.1% |
| Financial fixed assets | 28 | €1,713 | €1,713 | = | 0.0% |
| Current assets | 29/58 | €116,330 | €162,061 | +€45,730 | +39.3% |
| Stocks and contracts in progress | 3 | €61,333 | €68,972 | +€7,640 | +12.5% |
| Stocks | 30/36 | €61,333 | €68,972 | +€7,640 | +12.5% |
| Amounts receivable within one year | 40/41 | €21,381 | €36,428 | +€15,047 | +70.4% |
| Trade receivables | 40 | €16,381 | €32,257 | +€15,876 | +96.9% |
| Other amounts receivable | 41 | €5,000 | €4,171 | -€829 | -16.6% |
| Cash at bank and in hand | 54/58 | €28,064 | €52,859 | +€24,795 | +88.3% |
| Deferred charges and accrued income | 490/1 | €5,552 | €3,801 | -€1,751 | -31.5% |
| Total equity and liabilities | 10/49 | €522,758 | €517,928 | -€4,830 | -0.9% |
| Equity | 10/15 | -€70,309 | -€101,033 | -€30,724 | -43.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€90,309 | -€121,033 | -€30,724 | -34.0% |
| Amounts payable | 17/49 | €593,066 | €618,961 | +€25,894 | +4.4% |
| Amounts payable after more than one year | 17 | €275,590 | €233,559 | -€42,031 | -15.3% |
| Financial debts | 170/4 | €275,590 | €233,559 | -€42,031 | -15.3% |
| Amounts payable within one year | 42/48 | €317,476 | €385,402 | +€67,925 | +21.4% |
| Financial debts | 43 | €37,985 | €39,528 | +€1,543 | +4.1% |
| Other loans | 439 | €37,985 | €39,528 | +€1,543 | +4.1% |
| Trade debts | 44 | €43,491 | €71,130 | +€27,639 | +63.6% |
| Suppliers | 440/4 | €43,491 | €71,130 | +€27,639 | +63.6% |
| Advances received on contracts in progress | 46 | €6,273 | €2,458 | -€3,815 | -60.8% |
| Taxes, remuneration and social security | 45 | €84,728 | €142,286 | +€57,558 | +67.9% |
| Taxes | 450/3 | €46,013 | €93,810 | +€47,798 | +104% |
| Remuneration and social security | 454/9 | €38,715 | €48,476 | +€9,761 | +25.2% |
| Other amounts payable | 47/48 | €145,000 | €130,000 | -€15,000 | -10.3% |
| Remuneration, social security and pensions | 62 | €302,706 | €304,022 | +€1,316 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,558 | €50,560 | +€2 | 0.0% |
| Other operating charges | 640/8 | €1,689 | €758 | -€931 | -55.1% |
| Gross operating margin | 9900 | €278,270 | €333,543 | +€55,273 | +19.9% |
| Operating profit (loss) | 9901 | -€76,683 | -€21,798 | +€54,885 | +71.6% |
| Financial income | 75/76B | €1,921 | €215 | -€1,706 | -88.8% |
| Recurring financial income | 75 | €1,921 | €215 | -€1,706 | -88.8% |
| Financial charges | 65/66B | €10,218 | €8,958 | -€1,260 | -12.3% |
| Recurring financial charges | 65 | €10,218 | €8,958 | -€1,260 | -12.3% |
| Profit (loss) for the period before taxes | 9903 | -€84,980 | -€30,540 | +€54,440 | +64.1% |
| Income taxes | 67/77 | €55 | €184 | +€129 | +234% |
| Profit (loss) for the period | 9904 | -€85,035 | -€30,724 | +€54,311 | +63.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€85,035 | -€30,724 | +€54,311 | +63.9% |
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 24 October 2026 via checked.be.