ATELJ: 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.
ATELJ
Largest movements
- Tangible fixed assets +€24,945
up €24,945 (+6.3%), from €398,574 to €423,519
of which Land and buildings: +€20,946
- Cash +€7,008
up €7,008 (+96.1%), from €7,292 to €14,300
mainly Trade debts (+€27,573) and Depreciation (+€19,744)
- Trade debts +€27,573
up €27,573 (+85.3%), from €32,310 to €59,883
- Debts after one year -€18,210
down €18,210 (-4.8%), from €382,714 to €364,504
of which Financial debts: -€13,784
- Profit (loss) carried forward +€12,214
up €12,214 (+28.7%), from -€42,497 to -€30,283
- Current portion of long-term debt +€8,226
up €8,226 (+123.1%), from €6,681 to €14,907
- Depreciation -€5,667
down €5,667 (-22.3%), from €25,411 to €19,744
- Gross operating margin +€1,295
up €1,295 (+2.6%), from €49,804 to €51,098
- Financial charges -€772
down €772 (-4.6%), from €16,945 to €16,173
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 | €437,261 | €467,304 | +€30,043 | +6.9% |
| Fixed assets | 21/28 | €399,381 | €425,522 | +€26,141 | +6.5% |
| Tangible fixed assets | 22/27 | €398,574 | €423,519 | +€24,945 | +6.3% |
| Land and buildings | 22 | €367,900 | €388,846 | +€20,946 | +5.7% |
| Plant, machinery and equipment | 23 | €16,066 | €24,913 | +€8,847 | +55.1% |
| Furniture and vehicles | 24 | €14,608 | €9,760 | -€4,848 | -33.2% |
| Financial fixed assets | 28 | €807 | €2,003 | +€1,196 | +148.2% |
| Current assets | 29/58 | €37,880 | €41,782 | +€3,902 | +10.3% |
| Stocks and contracts in progress | 3 | €4,500 | - | -€4,500 | |
| Stocks | 30/36 | €4,500 | - | -€4,500 | |
| Amounts receivable within one year | 40/41 | €24,721 | €26,619 | +€1,898 | +7.7% |
| Trade receivables | 40 | €24,721 | €26,619 | +€1,898 | +7.7% |
| Cash at bank and in hand | 54/58 | €7,292 | €14,300 | +€7,008 | +96.1% |
| Deferred charges and accrued income | 490/1 | €1,367 | €863 | -€503 | -36.8% |
| Total equity and liabilities | 10/49 | €437,261 | €467,304 | +€30,043 | +6.9% |
| Equity | 10/15 | €7,503 | €19,717 | +€12,214 | +162.8% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,497 | -€30,283 | +€12,214 | +28.7% |
| Amounts payable | 17/49 | €429,759 | €447,587 | +€17,828 | +4.1% |
| Amounts payable after more than one year | 17 | €382,714 | €364,504 | -€18,210 | -4.8% |
| Financial debts | 170/4 | €377,856 | €364,072 | -€13,784 | -3.6% |
| Other amounts payable | 178/9 | €4,857 | €431 | -€4,426 | -91.1% |
| Amounts payable within one year | 42/48 | €45,715 | €81,772 | +€36,057 | +78.9% |
| Current portion of amounts payable after more than one year | 42 | €6,681 | €14,907 | +€8,226 | +123.1% |
| Trade debts | 44 | €32,310 | €59,883 | +€27,573 | +85.3% |
| Suppliers | 440/4 | €32,310 | €59,883 | +€27,573 | +85.3% |
| Taxes, remuneration and social security | 45 | €6,725 | €6,982 | +€258 | +3.8% |
| Taxes | 450/3 | €6,725 | €6,982 | +€258 | +3.8% |
| Accrued charges and deferred income | 492/3 | €1,330 | €1,311 | -€19 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,411 | €19,744 | -€5,667 | -22.3% |
| Other operating charges | 640/8 | €2,875 | €2,814 | -€61 | -2.1% |
| Gross operating margin | 9900 | €49,804 | €51,098 | +€1,295 | +2.6% |
| Operating profit (loss) | 9901 | €21,517 | €28,540 | +€7,023 | +32.6% |
| Financial charges | 65/66B | €16,945 | €16,173 | -€772 | -4.6% |
| Recurring financial charges | 65 | €16,945 | €16,173 | -€772 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | €4,571 | €12,367 | +€7,795 | +170.5% |
| Income taxes | 67/77 | €27 | €152 | +€126 | +470.5% |
| Profit (loss) for the period | 9904 | €4,545 | €12,214 | +€7,670 | +168.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,545 | €12,214 | +€7,670 | +168.8% |
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 8 October 2026 via checked.be.